Quarterly report pursuant to Section 13 or 15(d)

SUBSEQUENT EVENT

v3.21.2
SUBSEQUENT EVENT
9 Months Ended
Sep. 30, 2021
Subsequent Events [Abstract]  
SUBSEQUENT EVENT

NOTE K – SUBSEQUENT EVENT

  

At the Special Meeting of Stockholders held on October 27, 2021, the Company’s stockholders approved (1) an amendment to the Company’s Amended and Restated Articles of Incorporation to increase the authorized shares of Company common stock from 190,000,000 shares to 475,000,000 shares and (2) the issuance of shares of Company common stock to accommodate the warrant issued to VDA to purchase 105,380,666 additional shares of common stock pursuant to the terms of the Stock Purchase Agreement.