Annual report pursuant to Section 13 and 15(d)

Common Stock

v3.20.1
Common Stock
12 Months Ended
Dec. 31, 2019
Common Stock [Abstract]  
Common Stock

NOTE 11 – COMMON STOCK



In August 2019, the Company announced the adoption of a $2.0 million stock repurchase program running through the end of 2020. Under the stock repurchase program, repurchases can be made from time to time using a variety of methods, including through open market purchases or in privately negotiated transactions in compliance with the rules of the United States Securities and Exchange Commission and other applicable legal requirements. This new $2.0 million repurchase program replaces a stock repurchase program that the Company had adopted in 2008. At December 31, 2019, there remained $625,583 under this repurchase program.