12. CAPITAL STOCK

6 Months Ended

Jun. 30, 2017

Notes to Financial Statements

12. CAPITAL STOCK

During the six months ended June 30, 2017, the Company issued the following shares upon the exercise of employee stock options:

Date Issued	Number of Shares Issued
March 10, 2017		3,000
June 6, 2017		5,000
June 15, 2017		20,000

On January 6, 2016, the Company repurchased 1,750,000 shares of its common stock at $0.90 per share for a total purchase price of $1,575,000. The shares were returned to treasury and cancelled.