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Note 9 - Common and Preferred Stock
 6 Months Ended
Jun. 30, 2021
Notes to Financial Statements  
Stockholders' Equity Note Disclosure [Text Block]

NOTE 9 – COMMON AND PREFERRED STOCK

 

The Company has issued a total of 10,000 shares of Series 1 Preferred Stock (“Preferred Stock”) to certain holders (“Holders”) under certain conversion and exchange agreements entered into in March 2020. Each preferred share is convertible at any time at the option of the Holder into 405.05 shares of Common Stock. As of June 30, 2021, Holders of Preferred Stock exercised their option to convert 3,719 shares of Preferred Stock into 1,506,380 shares of Common Stock. The Company has 6,281 shares of Preferred Stock issued and outstanding as of June 30, 2021.