v3.22.2.2
Common Stock to be Issued
9 Months Ended
Sep. 30, 2022
Share-Based Payment Arrangement, Disclosure [Abstract]  
COMMON STOCK TO BE ISSUED

NOTE 16 – COMMON STOCK TO BE ISSUED

 

On September 22, 2022 the Company engaged Raymond James & Associates, Inc. for their investment banking advisory services pursuant to a prospective sale of the Company. The successful engagement of Raymond James & Associates resulted in an incentive award of 2,850,000 shares of common stock due to certain executives and board of directors. The Company accrued compensation expense of $2,705,000, the fair value of the common stock to be issued, for the three and nine months ended September 30, 2022.