Subsequent Events |
9 Months Ended | |||
|---|---|---|---|---|
Sep. 30, 2018 | ||||
| Subsequent Events [Abstract] | ||||
| Subsequent Events [Text Block] |
Over-Allotment Option Exercise On October 3, 2018, we completed the sale of 3,800,000 shares of common stock at a purchase price of $.24 per share in connection with the exercise of the over-allotment option by the Underwriters.
On October 22, 2018, we completed the sale of 1,900,000 shares of common stock at a purchase price of $.24 per share in connection with the final exercise of the Underwriter’s over-allotment option.
From October 1, 2018 through November 9, 2018, Warrants to purchase an aggregate of 13,070,900 shares of common stock were exercised, resulting in proceeds to us of approximately $3.3 million. On November 9, 2018, there were 30,629,100 Warrants outstanding.
In October 2018, an additional 19,836,000 shares of common stock were issued upon the conversion of Preferred Shares. There are no remaining Preferred Shares outstanding. |