|3 Months Ended|
Sep. 30, 2019
NOTE 13 — SUBSEQUENT EVENT
The Company held a special meeting of stockholders that concluded on October 28, 2019, whereby the stockholders approved an amendment to the Company’s Certificate of Incorporation to provide authority for the Company’s Board of Directors to subsequently effect a Reverse Stock Split of the Company’s $0.001 par value Common Stock at a ratio ranging between 1-to-20 and 1-to-100. Please refer to Note 5 for additional information about the Reverse Stock Split.
The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business.
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef