9. ACCRUED ISSUABLE EQUITY (AS RESTATED)

As of June 30, 2020, warrants to purchase an aggregate of 18,413 shares of common stock at an exercise price of $5.28 per shares were issuable to A.G.P. (see Note 8) in connection with the placement of the Dominion and Kingsbrook convertible notes (see Notes 6 and 7) and were valued at $96,011 using the Black-Scholes option pricing model and certain assumptions (restricted stock price of $5.25; expected term of 4.5 years; volatility of 255%; dividends of 0.00% and a risk-free rate of 0.33%).