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12. CAPITAL STOCK
6 Months Ended
Jun. 30, 2016
Notes to Financial Statements  
12. CAPITAL STOCK

12.      Capital Stock.

 

On January 6, 2016, the Company repurchased 1,750,000 shares of its common stock at $0.90 per share for a total purchase price of $1,575,000. The shares were returned to treasury and cancelled.

 

On July 9, 2015, the Company issued 8,000 shares upon the exercise of employee stock options.