XML 22 R12.htm IDEA: XBRL DOCUMENT v3.5.0.2
Subsequent Events
6 Months Ended
Jun. 30, 2016
Notes to Financial Statements  
Note 7. Subsequent Events

On July 20, 2016, the Company appointed Harold Safferstein to its Scientific Advisory Board and issued Mr. Safferstein a stock option to purchase up to 7,500 shares of the Company's common stock at a price of $2.28 per share, the closing price of the Company's common stock as quoted on the OTCQB on July 19, 2016. The shares underlying the option may be exercised on a "cashless basis" using the formula contained therein and, subject to Mr. Safferstien's service with the Company the shares underlying the option vest on January 20, 2017.