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Subsequent Event
12 Months Ended
Dec. 31, 2020
Subsequent Events [Abstract]  
SUBSEQUENT EVENT

NOTE 9 – SUBSEQUENT EVENT


During the months of January and February 2021, the Company issued an aggregate of 7,056,250 shares of its common stock, par value $.001 per share, at an issue price of $0.32 per share.


In February, 2021, the company made a $500,000 payment on the $2,500,000 note to acquire Applied Optical Sciences.


In March 2021, we signed a five-year lease for a 13,000 square foot laboratory/office space here Tucson, Arizona. The lease term begins May 1, 2021 and ends on April 30, 2026. The base rent is $6.7626 per rentable square foot for year one, and escalates to $9.2009 in year two, $11.4806 in year three, $13.1740 in year four and $14.9306 in year five, plus certain operating expenses and taxes.


In March, 2021, a note containing a principal balance of approximately $45,000 with a maturity date of September 1, 2019 converted into approximately 158,000 shares of common stock.


In the first quarter of 2021, the company issued 500,000 shares in response to three non-affiliated warrant holders exercising warrants at an exercise price of $0.07 a share.


In the first quarter of 2021, the company issued 75,000 shares to a non-affiliated holder of a restricted Stock agreement.


In the first quarter of 2021, the company issued 1,000,000 shares in response to a non-affiliated option holder exercising options at an exercise price of $0.05 a share.


The company’s management has evaluated subsequent events occurring after December 31, 2020, the date of our most recent balance sheet, through the date our financial statements were issued.