Quarterly report pursuant to Section 13 or 15(d)

SHAREHOLDERS' EQUITY

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SHAREHOLDERS' EQUITY
6 Months Ended
Jun. 30, 2017
Stockholders' Equity Note [Abstract]  
SHAREHOLDERS' EQUITY

NOTE 6 – SHAREHOLDERS’ EQUITY

 

Warrants

 

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

 

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

 

All warrants outstanding are exercisable and have a remaining contractual life of 4.5 years. There was no intrinsic value of the outstanding and exercisable warrants at June 30, 2017.