Subsequent Event
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6 Months Ended |
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Jun. 30, 2014
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Subsequent Events [Abstract] | |
Subsequent Event |
NOTE 16 SUBSEQUENT EVENT
On July 14, 2014, the Company granted its four independent directors an aggregate of 134,553 shares of restricted common stock of the Company. The total fair value of this stock on the date of grant was $108,988. These shares are subject to a risk of forfeiture and vest quarterly in arrears commencing on June 1, 2014 and will be fully vested at the end of one full year. |
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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. No definition available.
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