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STOCK ISSUANCE
9 Months Ended
Sep. 30, 2017
STOCK ISSUANCE [Abstract]  
STOCK ISSUANCE
(8)
STOCK ISSUANCE
 
During the quarter ended June 30, 2017, the Company issued 12,500 shares of Common Stock under a settlement agreement with an activist shareholder group. The shares were valued at $175,000 based on the closing price of the Common Stock on the date of the grant.
 
On June 20, 2017, the independent directors of the Board of Directors were granted 2,000 shares each of restricted Common Stock pursuant to the 2015 Plan. Fifty percent of the shares vest 12 months from the grant date, and the remaining shares vest 24 months from the grant date.