Quarterly report pursuant to Section 13 or 15(d)

SHAREHOLDERS' EQUITY

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SHAREHOLDERS' EQUITY
9 Months Ended
Sep. 30, 2017
Stockholders' Equity Note [Abstract]  
SHAREHOLDERS' EQUITY

NOTE 6 – SHAREHOLDERS’ EQUITY

 

Warrants

 

At September 30, 2017, warrant shares outstanding were as follows:

 

      Shares     Weighted Average Exercise Price  
Outstanding December 31, 2016       115,000     $ 8.75  
Issued              
Exercised              
Outstanding, September 30, 2017       115,000     $ 8.75  

  

All warrants outstanding are exercisable and have a remaining contractual life of 4.25 years. There was no intrinsic value of the outstanding and exercisable warrants at September 30, 2017.