Annual report pursuant to Section 13 and 15(d)

STOCK ISSUANCE TO NON-EMPLOYEE DIRECTORS

v3.22.1
STOCK ISSUANCE TO NON-EMPLOYEE DIRECTORS
12 Months Ended
Dec. 31, 2021
Stock Issuance To Non-employee Directors  
STOCK ISSUANCE TO NON-EMPLOYEE DIRECTORS

NOTE K – STOCK ISSUANCE TO NON-EMPLOYEE DIRECTORS

 

During the years ended December 31, 2021 and 2020, the Company issued common stock in the amount of $0 and $18,000 and paid cash consideration of $0 and $60,000, 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. The amount payable to directors at December 31, 2021 and 2020 was $223,000 and $100,000, respectively.