Subsequent Events |
12 Months Ended |
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Dec. 31, 2017 | |
Subsequent Events [Abstract] | |
Subsequent Events |
NOTE 13 - SUBSEQUENT EVENTS
In March and April 2018, the Company extended the redemption date of its Series A Preferred Stock and the maturity date of its convertible debentures to July 31, 2018, per agreement with the holders. Any prior defaults were waived by the holders, and the conversion prices for both securities were reduced to $0.10 per share. |
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- References No definition available.
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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. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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