v3.22.2.2
EQUITY INCENTIVE PLAN (Tables)
 6 Months Ended 12 Months Ended
Jun. 30, 2022
Dec. 31, 2021
Equity Incentive Plan    
SCHEDULE OF FAIR VALUE OF STOCK OPTION ASSUMPTIONS

Assumptions used in the pricing model are as provided below.

Risk-free interest rate   1.55%
Exercise price  $0.0518 
Expected life   5 years 
Expected volatility   44.12%
Expected dividends   - 

 

Risk-free interest rate   %
Exercise price  $ 
Expected life    
Expected volatility   %
Expected dividends    
SCHEDULE OF STOCK OPTION ACTIVITY

A summary of the Company’s stock option plan and changes during the six months ended June 30, 2022 is as follows:

   Number of options   Weighted average exercise price 
Balance - beginning of the year   -   $- 
Granted   7,596,500    0.0518 
Exercised   -    - 
Cancelled   -    - 
Balance - end of period   7,596,500   $0.0518 

 

   Number of options   Weighted average exercise price 
Balance - beginning of the year      $ 
Granted        
Exercised        
Cancelled        
Balance - end of period      $