Subsequent Events |
12 Months Ended | ||
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Dec. 31, 2017 | |||
| Subsequent Events [Abstract] | |||
| Subsequent Events |
Effective April 11, 2018, the Company filed Articles of Amendment to the Articles of Incorporation to increase the number of common shares authorized for issuance from 8 million shares to 100 million shares. This amendment was previously approved via written consent by holders of our outstanding capital stock having a majority of voting power.
The Company issued 25,750 shares of common stock with a market value of $429 to the directors for their service.
The Company issued 26,667 shares of common stock to individual investors, which resulted in net proceeds to the Company of $594.
The Company issued 135,000 shares of common stock to consultants with a market value of $2,455 for services performed for the Company.
The Company issued 24,277 shares of common stock with a market value of $465 in settlement of certain legal matters.
The Company issued 271,655 shares of common stock with a market value of $5,468 to settle debt. |
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- References No definition available.
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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://www.xbrl.org/2003/role/presentationRef
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