STOCKHOLDERS EQUITY AND STOCK-BASED COMPENSATION

12 Months Ended

Dec. 31, 2022

STOCKHOLDERS EQUITY AND STOCK-BASED COMPENSATION

STOCKHOLDERS' EQUITY AND STOCK-BASED COMPENSATION

NOTE 7 - STOCKHOLDERS’ EQUITY AND STOCK-BASED COMPENSATION:

At December 31, 2022 and 2021, the Company had 61,882,172 common shares outstanding. Also outstanding were warrants relating to 6,909,000 shares of common stock, all totaling 68,791,172 shares of common stock and all common stock equivalents, outstanding at December 31, 2022 and 2021.

The Company did not incur any stock-based compensation or issue common or preferred stock or any other equity instruments during the year ended December 31, 2022 or 2021.