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Capital Stock
12 Months Ended
Dec. 31, 2016
Debt Disclosure [Abstract]  
Capital Stock

4.     Capital Stock

 

Preferred Stock    The Company has authorized 1,000,000 shares of no par value preferred stock.  These shares may be issued in series with such rights and preferences as may be determined by the Board of Directors.  The Company has not issued any preferred shares.

 

Common Stock     The Company has authorized 100,000,000 shares of common stock with a par value of $0.001.    As of December 31, 2016, there were 14,425,903 shares issued and outstanding. Effective February 3, 2017, the Company effected a 1 for 25 reverse stock split of its common stock, resulting in a reduction of its outstanding shares to 577,056. All references to outstanding stock have been retroactively adjusted to reflect this split.