Quarterly report pursuant to Section 13 or 15(d)

Subsequent Events

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Subsequent Events
9 Months Ended
Sep. 30, 2019
Subsequent Events  
Note 9 - Subsequent Events

Series A Convertible Preferred Stock

 

On various dates from October 3, 2019 through October 28, 2019, the Company received proceeds of $329,505 through the sale of 43,934 shares of Series A Convertible Preferred Stock at $7.50 per share.

 

Convertible Note Payable

 

On October 31, 2019, the Company issued a convertible note payable in the principal amount of $1,500,000. The note accrues interest at 8% per annum and matures on October 31, 2020.