General form of registration statement for all companies including face-amount certificate companies

Stockholder's Equity (Tables)

v3.20.1
Stockholder's Equity (Tables)
3 Months Ended 12 Months Ended
Mar. 31, 2020
Dec. 31, 2019
Equity [Abstract]
Schedule of equity purchase option activity
Number of Weighted Weighted
Equity Average Average
Purchase Exercise Remaining Intrinsic
Options Price Term (in years) Value
Outstanding, January 1, 2019
Granted 600,000 $ 11.50
Exercised
Expired
Forfeited
Outstanding, December 31, 2019 600,000 $ 11.50 2.8 $
Exercisable, December 31, 2019 600,000 $ 11.50 2.8 $
Schedule of fair value of options granted
Risk free interest rate 1.74 – 1.77 %
Expected term (years) 6.25 years
Expected volatility 36 %
Expected dividends 0.0
Schedule of option activity
Weighted Weighted
Average Average
Number of Exercise Remaining Intrinsic
Options Price Term (Yrs.) Value
Outstanding, January 1, 2020 2,480,000 4.34 9.86 $ -
Granted - -
Exercised - -
Expired - -
Forfeited (120,000 ) 4.09
Outstanding, March 31, 2020 2,360,000 $ 4.36 9.61 $ -
Exercisable, March 31, 2020 - $ - - $ -
Weighted Weighted
Average Average
Number of Exercise Remaining Intrinsic
Options Price Term (in years) Value
Outstanding, January 1, 2019
Granted 2,480,000 $ 4.34
Exercised
Expired
Forfeited
Outstanding, December 31, 2019 2,480,000 $ 4.34 9.89 $
Exercisable, December 31, 2019 $ $
Schedule of warrant activity
Number of Warrants Weighted Average Exercise
Price
Weighted Average Remaining Life in Years Intrinsic
Value
Outstanding, December 31, 2018 3,800,003 11.50
Issued 14,837,000 11.50
Exercised - -
Cancelled - -
Outstanding, December 31, 2019 18,637,003 $ 11.50 4.6 $ -
Exercisable, December 31, 2019 18,637,003 $ 11.50 4.6 $ -