• Filing Date: 2020-06-12
  • Form Type: 10-Q
  • Description: Quarterly report
v3.20.1
WARRANTS
6 Months Ended
Apr. 30, 2020
Warrants and Rights Note Disclosure [Abstract]  
WARRANTS

NOTE 12 WARRANTS

A summary of warrant activity for the six months ended April 30, 2020 is as follows:

 

Warrants  Shares  Weighted Average Exercise Price  Weighted Average Remaining Contractual Life (Years)  Aggregate Intrinsic Value
             
Outstanding and exercisable at October 31, 2019   15,802,305   $0.16    0.75   $—   
Outstanding and exercisable at April 30, 2020   15,802,305   $0.16    0.25   $—   

 

No warrants were issued or exercised during the six months ended April 30, 2020.

 

No warrants were issued during the six months ended April 30, 2019.

 

Warrants exercised during the six months ended April 30, 2019 are discussed in Note 10.

 

The warrants exercised during the six months ended April 30, 2019 had an intrinsic value of $12,126.

Summarized information about warrants outstanding and exercisable at April 30, 2020 is as follows:

 

 

 Warrants Outstanding and Exercisable
 Exercise Price     

Number

Outstanding

     Weighted Average Remaining Contractual Life (Years)    Weighted Average Exercise Price 
$0.14    1,231,374    0.25   $0.14 
 0.16    14,570,931    0.25    0.16 
$0.14 – 0.16    15,802,305    0.25   $0.16