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NOTE 10 - SHARE REPURCHASE PROGRAM
6 Months Ended
Jun. 30, 2019
Equity [Abstract]  
NOTE 10 - SHARE REPURCHASE PROGRAM

On October 31, 2018, our Board of Directors approved a share repurchase program with provisions to buy back up to $2 million of our stock during the period from November 1, 2018 through October 31, 2019.  The program was established with a 10b5-1 plan under the Exchange Act to provide flexibility to make purchases throughout the period. For the quarter ended June 30, 2019, 188,194 shares of stock were repurchased at an average price of $4.81 for a total of $904,595 plus $3,891 in commissions and charges. The following is a summary of the stock repurchase program from November 1, 2018 through June 30, 2019:

 

Repurchases by Month   Total Number of Shares Purchased     Average Price Paid per Share     Total Number of Shares Purchased as Part of Publicly Announced Repurchase Program     Approximate Dollar Value of Shares that May Yet Be Purchased under the Program  
                         
December 2018     101,975     $ 5.23       101,975     $ 1,466,537  
January 2019     43,701     $ 5.36       43,701     $ 1,232,083  
March 2019     13,911     $ 5.47       13,911     $ 1,156,048  
April 2019     69,141     $ 5.36       69,141     $ 788,367  
May 2019     69,798     $ 4.61       69,798     $ 467,643  
June 2019     49,255     $ 4.42       49,255     $ 251,453  
Total     347,781     $ 5.03       347,781