SHAREHOLDERS' DEFICIT (Tables)

9 Months Ended

Sep. 30, 2018

					Weighted
			Weighted		Average
	Number		Average		Remaining
	of		Exercise		Life		Intrinsic
	Options		Price		In Years		Value
Outstanding, December 31, 2017		-		-
Granted		260,892	$	2.17
Exercised		-		-
Forfeited		-		-
Expired		-		-
Outstanding, September 30, 2018		260,892	$	2.17		5.4	$	-

Exercisable, September 30, 2018		194,225	$	2.35		4.9	$	-

Schedule of valuation assumptions

	For the Nine Months Ended
	September 30,
	2018	2017
Expected term (years)	4.0 - 4.5	n/a
Expected volatility	81.43%	n/a
Risk free interest rate	2.42 - 2.65%	n/a
Expected dividends	-	n/a
Estimated annual forfeiture rate	-	n/a

Schedule of stock option activity

					Weighted
			Weighted		Average
	Number		Average		Remaining
	of		Exercise		Life		Intrinsic
	Options		Price		In Years		Value
Outstanding, December 31, 2017		-		-
Granted		500,000	$	1.25
Exercised		-		-
Forfeited		-		-
Expired		-		-
Outstanding, September 30, 2018		500,000	$	1.25		6.4	$	125,000

Exercisable, September 30, 2018		175,000	$	1.25		6.4	$	43,750

Schedule of restricted stock activity

The following table summarizes restricted stock activity during the nine months ended September 30, 2018:

			Weighted
			Average		Total
			Grant		Grant
	Number		Date		Date
	of		Fair		Fair
	Shares		Value		Value
Non-vested, December 31, 2017		25,000	$	1.25	$	31,250
Granted		-		-		-
Vested		-		-		-
Forfeited		-		-		-
Non-vested, September 30, 2018		25,000	$	1.25	$	31,250

- Definition

Tabular disclosure of warrants or rights issued. Warrants and rights outstanding are derivative securities that give the holder the right to purchase securities (usually equity) from the issuer at a specific price within a certain time frame. Warrants are often included in a new debt issue to entice investors by a higher return potential. The main difference between warrants and call options is that warrants are issued and guaranteed by the company, whereas options are exchange instruments and are not issued by the company. Also, the lifetime of a warrant is often measured in years, while the lifetime of a typical option is measured in months. Disclose the title of issue of securities called for by warrants and rights outstanding, the aggregate amount of securities called for by warrants and rights outstanding, the date from which the warrants or rights are exercisable, and the price at which the warrant or right is exercisable.

+ References + Details

Fraud Protection Network, Inc. 10-Q