COMMON STOCK, WARRANTS AND PREFERRED STOCK |
3 Months Ended |
|---|---|
Dec. 31, 2022 | |
| COMMON STOCK, WARRANTS AND PREFERRED STOCK | |
| COMMON STOCK, WARRANTS AND PREFERRED STOCK | NOTE 5 – COMMON STOCK, WARRANTS AND PREFERRED STOCK:
At the Annual General Meeting of shareholders held on April 14, 2021, the shareholders approved an increase in the number of authorized common shares of the Company from 200,000,000 to 500,000,000, with no change in par value and no split or other modification to any outstanding shares. The Certificate of Incorporation of the Company in the State of Delaware was amended to reflect that change in October 2021. During the quarter ended December 31, 2022, 2,880,867 Series C warrants expired.
At December 31, 2022, the Company has a total of 50,534,031 warrants outstanding with a weighted average exercise price of $0.22 and a weighted average remaining contractual term of .67 years. |