SUBSEQUENT EVENTS |
12 Months Ended |
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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. |
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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/disclosureRef
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