Common Stock Issuances
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9 Months Ended |
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Sep. 30, 2014
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Equity [Abstract] | |
Common Stock Issuances | NOTE – 12 COMMON STOCK ISSUANCES During the nine months ended September 30, 2014, Milestone issued 20,658 shares of common stock valued at $35,624 for payment of employee compensation. In addition, 281,766 shares of common stock were issued on the exercised of certain stock options valued at $161,531 during the nine months ended September 30, 2014. Milestone also issued 75,000 shares of common stock on the exercised of certain stock options at a price of $1.84, valued at $41,250 to the Board of Directors for the nine months ended September 30, 2014 and 107,461 shares of common stock were issued, valued at $199,500, for payment of consulting services. In the nine months ended September 30, 2014, Milestone issued 30,000 shares of common stock to the Board of Directors, valued at $55,200 for their compensation. In the May 2014 Private Placement, Milestone issued 2 million shares of common stock for $3 million ($1.50 per share) in a capital raise with gross proceeds totaling $10 million. Convertible Preferred Stock was also issued in that capital raise. – (See Note 13, below.) |