Quarterly report pursuant to Section 13 or 15(d)

Common Stock

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Common Stock
3 Months Ended
Mar. 31, 2015
Notes to Financial Statements  
Note 6 - Common Stock

On February 6, 2015 The Company issued 2,475,000 shares of common stock at a price of $3.75, for net cash proceeds of $8.5 million.

 

On February 13, 2015, 343,383 shares of common stock were issued at a price of $3.75 per share. Net proceeds of $1.2 million were received.

 

On February 23, 2015, 25,000 warrants were exercised at a price of $2.20 per share, giving cash proceeds of $55,000. As a result, a total of 25,000 shares of common stock were issued.

 

On March 6, 2015, 400,000 shares of common stock were issued at a price of $3.75 per share, for net cash proceeds of $1.5 million.