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19. SUBSEQUENT EVENT | 12 Months Ended
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Dec. 31, 2018
Subsequent Event |
SUBSEQUENT EVENT | On January 28, 2019, 96,969 shares of common stock were issued upon cashless exercise of 245,000 options. In January 2019, the company issued 20,000 shares of common stock from the treasury shares to one of its consultants. The shares issued will be deducted from the treasury shares at weighted average cost and the excess of the cost over the closing market price will be charged to additional paid-in-capital.

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- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 855 -URI http://asc.fasb.org/topic&trid=2122774 + Details
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