XML 31 R18.htm IDEA: XBRL DOCUMENT v3.3.1.900
Note 12. Subsequent Events.
12 Months Ended
Dec. 31, 2015
Notes  
Note 12. Subsequent Events.

Note 12. Subsequent Events.

During Q1 2016 throughout the date of the filing of Form 10-K. the following subsequent events occurred:

On January 26, 2016 and after receiving conversion notices from Class B warrant holders, the Company's board of directors approved issuance of 1,928,572 shares for the cashless conversion of Class B warrants. On February 18, 2016, the Company's board of directors approved the issuance of 1,195,000 shares as compensation to three acting company directors: Mrs. Estery Giloz-Ran, Mr. Yair Fudim and Mr. Baruch Kfir. On February 17, 2016 and March 17, 2016, the Company board of directors approved the issuance of 175,000 shares for services to two investor relations service providers.