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Stockholders' Equity
9 Months Ended
Sep. 30, 2017
Notes to Financial Statements  
STOCKHOLDERS' EQUITY

 

3. STOCKHOLDERS' EQUITY (DEFICIT)

 

On January 15, 2014, the Company issued 3,401,360 shares of unregistered common stock in a private placement to Lone Star Value Investors, LP (Lone Star Value), an entity controlled by a former director and officer of the Company, for cash proceeds of $50,000.  The proceeds of this issuance were used to assist in funding the Company's operating expenses.