XML 19 R10.htm IDEA: XBRL DOCUMENT v3.21.1
4. SERIES A CONVERTIBLE PREFERRED STOCK
3 Months Ended
Mar. 31, 2021
Notes  
4. SERIES A CONVERTIBLE PREFERRED STOCK

4.     SERIES A CONVERTIBLE PREFERRED STOCK

 

On January 4, 2021 the Company paid the December 7, 2020 dividends declared on its Series A Convertible Preferred Stock of $168,079. As of March 31, 2021, the aggregate outstanding accumulated arrearages of cumulative dividend was $12,786 or if issued in common shares, 85,240 shares.

 

The amortization of the increasing dividend rate preferred stock discount for the three months ended March 31, 2021 was $899.