Quarterly report pursuant to Section 13 or 15(d)

K. STOCK ISSUANCE TO NON-EMPLOYEE DIRECTORS

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K. STOCK ISSUANCE TO NON-EMPLOYEE DIRECTORS
3 Months Ended
Mar. 31, 2020
Share-based Payment Arrangement, Noncash Expense [Abstract]  
STOCK ISSUANCE TO NON-EMPLOYEE DIRECTORS

NOTE K – STOCK ISSUANCE TO NON-EMPLOYEE DIRECTORS

 

During the three months ended March 31, 2020 and during the year ended December 31, 2019, the Company issued common stock in the amount of $18,000 and $132,000 and paid cash consideration of $24,000 and $20,000, respectively, to the Company’s non-employee directors as compensation for their attendance and participation in the Company’s Board of Director and committee meetings.