Quarterly report pursuant to Section 13 or 15(d)

Stockholders??? Equity (Tables)

v3.21.2
Stockholders’ Equity (Tables)
9 Months Ended
Sep. 30, 2021
Stockholders' Equity Note [Abstract]  
Schedule of special voting shares activity
Balance, January 1, 2021     1,469,417  
Shares issued    
-
 
Shares exchanged     (1,004,049 )
Balance, September 30, 2021     465,368  

 

Schedule of outstanding and exercisable stock options
            Weighted
    Weighted
       
            Average
    Average
       
      Number of
    Exercise
    Remaining
    Intrinsic
 
      Options     Price     Term (Yrs)     Value  
Outstanding, January 1, 2021       50,000       2.49                  
Granted       2,016,000       5.11                  
Exercised      
-
     
-
                 
Expired      
-
     
-
                 
Forfeited      
-
     
-
                 
Outstanding, September 30, 2021       2,066,000       5.04       9.50     $ 1,694,400  
                                   
Exercisable, September 30, 2021       617,444       4.40       9.23     $ 660,042  

 

Schedule of outstanding and exercisable stock options
Stock Options Outstanding     Stock Options Exercisable  
            Weighted
       
            Average
       
Exercise
    Number of
    Remaining
    Number of
 
Price     Shares     Life in Years     Shares  
$ 2.49       50,000       9.2       37,500  
$ 4.43       1,580,000       9.4       561,778  
$ 7.56       436,000       9.8       18,167  
          2,066,000       9.5       617,444  

 

Schedule of estimating the Black Scholes valuation method
Risk free interest rate   0.75% - 0.96%
Expected term (years)   5.27 - 6.02
Expected volatility   84% - 100%
Expected dividends   0%