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Note 5 - Common Stock
3 Months Ended
Mar. 31, 2021
Notes to Financial Statements  
Common Stock

 

The shareholders have authorized 100,000,000 shares of voting common shares for issuance. On March 31, 2021, a total of 51,383,130 shares of common stock were either issued (42,066,172), reserved for conversion of convertible debt to stock (4,032,919), issuance to two Company officers and consultants as compensation (174,422), and held for future exercise of nonqualified options and warrants (5,109,617).

 

We have not paid any dividends to our common stock shareholders to date, and have no plans to do so in the immediate future.