Quarterly report pursuant to Section 13 or 15(d)

Common Stock

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Common Stock
9 Months Ended
Sep. 30, 2018
Common Stock [Abstract]  
Common Stock

10.Common Stock

The following transactions occurred during the nine months ended September 30, 2018:



Authorized Shares

On August 30, 2018, the Company’s shareholders approved an increase in the Company’s authorized shares of stock from 50,000,000 to 75,000,000.



Compensatory Shares

During the nine months ended September 30, 2018, the Company issued 15,000 shares to a privately held investor relations firm in exchange for investor relations services.  The aggregate market value of the stock issued was $22,650.



Restricted Stock Units

During the nine months ended September 30, 2018, the Company issued 11,825 shares resulting from the vesting of restricted stock units (“RSUs”).