SUBSEQUENT EVENTS |
12 Months Ended |
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Dec. 31, 2018 | |
Notes to Financial Statements | |
Note 14 - SUBSEQUENT EVENTS |
Since December 31, 2018, the Company has issued 2,067,802 shares of common stock, for the conversion of a $20,000 note payable and cash proceeds totaling $559,000.
On February 21, 2019, our Board of Directors granted 675,000 shares of restricted stock and 135,000 stock options with an exercise price of $ 0.15 per share to certain employees and directors of the Company.
On March 13, 2019, the Chief Financial Officer tendered and our Board of Directors accepted the resignation of our Chief Financial Officer for personal reasons. On March 18, 2019, the Company filed with the Securities and Exchange Commission with respect to the resignation of the Chief Financial Officer. A copy of the Form 8-K filed with the Securities and Exchange Commission is attached. |
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- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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