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     $ -