XML 40 R26.htm IDEA: XBRL DOCUMENT v3.20.2
EQUITY (Tables)
9 Months Ended
Sep. 26, 2020
Stockholders Equity Note [Abstract]  
Schedule of Stockholders Equity

The Company issued the following shares of common stock during the nine-month period ended September 26, 2020:

 

Shares issued to/for:

 

Number of Common Shares Issued

 

 

Fair Value of

Shares Issued

 

 

Fair Value at Issuance

(minimum and maximum per share)

 

Jackson Investment Group

 

 

500,000

 

 

$

324

 

 

$

0.36

 

 

$

0.92

 

Preferred Series A Conversion

 

 

16,215

 

 

 

-

 

 

 

-

 

 

 

-

 

Consultant

 

 

15,000

 

 

 

18

 

 

 

1.22

 

 

 

1.22

 

Board and Committee members

 

 

16,800

 

 

 

11

 

 

 

0.56

 

 

 

0.85

 

 

 

 

548,015

 

 

$

353

 

 

 

 

 

 

 

 

 

The Company issued the following shares of common stock during the nine month period ended September 28, 2019:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Shares issued to/for:

 

Number of Common Shares Issued

 

 

Fair Value of

Shares Issued

 

 

Fair Value at Issuance

(minimum and maximum per share)

 

Equity raise

 

 

3,331,280

 

 

$

5,515

 

 

$

1.40

 

 

$

2.00

 

Consultants

 

 

6,000

 

 

 

10

 

 

 

1.56

 

 

 

1.56

 

Board and Committee members

 

 

16,800

 

 

 

28

 

 

 

1.58

 

 

 

1.79

 

 

 

 

3,354,080

 

 

$

5,553

 

 

 

 

 

 

 

 

 

Summary of Relationship Between Performance and the Vesting Rate

Average 2019 Price

Vesting Rate

<$8 per share

0

>$8 per share

Pro-rated

>=$12 per share

Full Vesting