Quarterly report pursuant to Section 13 or 15(d)

NOTE 13 - SUBSEQUENT EVENTS

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NOTE 13 - SUBSEQUENT EVENTS
9 Months Ended
Sep. 30, 2018
Subsequent Events [Abstract]  
Subsequent Events [Text Block]

NOTE 13 – SUBSEQUENT EVENTS


In October 2018, the Company issued an aggregate of 52,548 shares of its common stock in exchange for warrants exercised at $3.75 per share for aggregate proceeds of $197,054.


In October 2018, the Company issued an aggregate of 13,494 shares of its common stock in exchange for 70,106 warrants cashless exercised.


On October 2, 2018, the Company granted an aggregate of 260,000 shares of restricted common stock to 6 of its board members at a cost basis of $5.33 per share.


On October 16, 2018, the Company granted to one of its board members a ten-year option to purchase up to 34,566 shares of common stock at an exercise of $5.09 per share of common stock, of which 50% of the options vest immediately and 50% of the options vest on January 1, 2019. 


On October 16, 2018, the Company granted to one of its board members a ten-year option to purchase up to 69,132 shares of common stock at an exercise of $5.09 per share of common stock, of which 25% of the options vest immediately, 25% of the options vest on January 1, 2019, 25% of the options vest on January 1, 2020, and 25% vest January 1, 2021.