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RELATED PARTY TRANSACTIONS (Tables)

9 Months Ended

Sep. 30, 2021

The total fees incurred for board services and paid by the Company for the three and nine months ended September 30, 2021 and 2020, is as follows:


	Three Months Ended September 30,				Nine Months Ended September 30,
Board of Directors Compensation	2021		2020		2021		2020
Cash paid for services rendered	$	25,000	$	18,750	$	85,000	$	50,000
Value of shares issued for services rendered	95,000		82,500		275,000		255,833
Total	$	120,000	$	101,250	$	360,000	$	305,833

Number of shares issued for services rendered (*)	3,647		3,929		12,168		11,022

* Adjusted for the 1:3 reverse stock split for the three and nine months ended September 30, 2020.