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Issuance of Restricted Common Stock
9 Months Ended
Sep. 30, 2018
Equity [Abstract]  
Issuance of Restricted Common Stock

Note 7 – Issuance of Restricted Common Stock

 

In connection with the hiring of the Company’s new Executive Vice President and Chief Operating Officer (the “COO”), on April 23, 2018, the Company granted the COO 400 shares of restricted common stock at $1.05 per share, with 100 shares vesting on each of the first four one-year anniversaries of his first day of employment with the Company. On August 20, 2018, the COO notified the Company that he was resigning from his position, effective on September 14, 2018, resulting in the 400 shares of restricted stock being forfeited.