SUBSEQUENT EVENT |
3 Months Ended | |
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Mar. 31, 2019 | ||
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9. SUBSEQUENT EVENT On April 15, 2019, we entered into Amended and Restated Employment Agreements with James V. Caruso, our President and Chief Executive Officer, and Jarrod Longcor, our Chief Business Officer. The agreements are consistent with the existing arrangements with the officers except as described in our Proxy Statement for our 2019 Annual Meeting of Stockholders, which was filed on April 29, 2019, and detailed in the Form 8-K which was filed on April 19, 2019.
On April 26, 2019, we were made aware that a Stockholder of 85 shares of our Preferred Stock had converted them into 212,500 shares of Common Stock at the standard conversion rate of 1 to 2,500 shares. |
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- References No definition available.
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- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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