Annual report pursuant to Section 13 and 15(d)

SUBSEQUENT EVENTS

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SUBSEQUENT EVENTS
12 Months Ended
Dec. 31, 2021
SUBSEQUENT EVENTS  
NOTE 21 - SUBSEQUENT EVENTS

NOTE 21 - SUBSEQUENT EVENTS

 

In January 2022, the Company entered into two Subscription Agreements. One was with Louis and Carolyn Lucido CRT LLC, managed by Mr. Louis Lucido, a member of the Company’s Board of Directors, and the other one was with the J and R Galligan Revocable Trust, managed by Mr. Joseph Galligan, a member of the Company’s Board of Directors. Mr. Lucido and Mr. Galligan purchased shares of common stock, in the aggregate amount of $1,000,000 at a purchase price of $4.35 per share, for a total of 229,886 shares of common stock.

 

In February 2022, the Company granted 11,250 stock options to purchase the Company’s common stock at an exercise price of $4.01 per share to a member of the Company’ Board of Directors.

 

As of March 31, 2022 the Company issued an aggregate of 16,770 shares of its common stock for consulting services valued at $69,305.