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Subsequent Event
12 Months Ended
Dec. 31, 2016
Subsequent Event.  
Subsequent Event

24.Subsequent Events

 

Subsequent to December 31, 2016 the Company sold an aggregate of approximately 640,000 common shares under the ATM Program at an average price of $0.74 per common share for gross proceeds of approximately $475,000 during the year to date period ended February 24, 2017. The Company paid a 2% cash commission on the gross proceeds in the amount of approximately $10,000 and incurred additional accounting, legal, and regulatory costs of approximately $2,000 (see Note 15).