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12. Stockholder's Equity
3 Months Ended
Mar. 31, 2018
Equity [Abstract]  
Stockholder's Equity

Issuance of Common Stock for Payable to Board of Directors

 

During the quarter ended March 31, 2017, the Board of Directors was issued a total of 421,875 shares of common stock for $168,750 in directors’ fees that were payable at December 31, 2016. In addition during the quarter, the Company accrued $43,750 in directors’ fees payable that will be paid in common stock.

 

On May 3, 2018, the Board of Directors was issued a total of 739,018 shares of common stock for $175,000 in directors’ fees that were payable at December 31, 2017. In addition, during the quarter ended March 31, 2018, the Company accrued $43,750 in directors’ fees payable that will be paid in common stock.