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11. CAPITAL STOCK
9 Months Ended
Sep. 30, 2016
Notes to Financial Statements  
11. CAPITAL STOCK

The Company issued 9,000 shares upon the exercise of employee stock options in August 2016 and issued 15,000 shares upon the exercise of consultant stock options in September 2016.

 

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.

 

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