Quarterly report pursuant to Section 13 or 15(d)

Stockholders' Equity

v3.20.1
Stockholders' Equity
9 Months Ended
Mar. 31, 2020
Equity [Abstract]  
Stockholders' Equity

NOTE 17 - STOCKHOLDERS’ EQUITY

 

During the nine months ended March 31, 2020, the Company issued 42,818 shares of common stock for services rendered by officers of the Company. These shares were valued at the fair market value of $239,799.

 

During the nine months ended March 31, 2020, the Company issued 21,615 shares of common stock for services rendered by the independent members of the Board of Directors as part of their board compensation. These shares were valued at the fair market value of $106,601.

 

During the nine months ended March 31, 2020, the Company issued 62,522 shares of its common stock to employees pursuant to the terms of their employment agreements valued at $319,066.