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Capital Stock, Stock Options, And Incentives
12 Months Ended
Dec. 31, 2017
Equity [Abstract]  
Capital Stock, Stock Options, And Incentives

NOTE 8. Capital Stock, Stock Options, And Incentives

CAPITAL STOCK

Preferred stock, Series "B", $0.001 par value, 10,000,000 shares authorized, no shares issued and outstanding as of December 31, 2017 and 2016, respectively

Common stock, $0.001 par value, 50,000,000 shares authorized, 5,658,123 and 5,624,123 shares issued and outstanding as of December 31, 2017 and 2016, respectively. On August 15, 2017, the Company granted 34,000 shares of restricted common stock to one employee for services. The restricted common stock granted to the employee was valued at $33,660 and will vest as follows: 33% of the shares on January 1, 2018, an additional 33% of the shares on January 1, 2019, and the remaining 34% of the shares on January 1, 2020. The share-based compensation will be amortized ratably over the three year vesting period. The Company recorded share-based compensation of $5,345 and $944 for the years ended December 31, 2017 and 2016, respectively.

During 2017, Ron Boreta agreed to forgive an auto allowance payable to him in the amount of $9,783, which was recorded as a contribution to capital as of December 31, 2017.