STOCK REPURCHASE PROGRAM (Details Narrative) - USD ($) |
12 Months Ended | 55 Months Ended | ||
|---|---|---|---|---|
Dec. 31, 2015 |
Feb. 29, 2016 |
Aug. 22, 2011 |
Jun. 03, 2011 |
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| Number of shares, common stock subject to repurchase | 1,183,536 | 6,882,604 | ||
| Average price per share, common stock subject to repurchase | $ 2.19 | $ 1.65 | ||
| Aggregate cost of common stock repurchase | $ 2,587,716 | $ 11,344,823 | ||
| Board of Directors [Member] | ||||
| Stock Repurchase Program, dollar amount of shares authorized to be repurchased | 2,000,000 | |||
| Stock Repurchase Program, doller amount of additional shares authorized to be repurchased | 2,000,000 | |||
| Stock Repurchase Program, dollar amount of shares to be repurchase since inception | 14,000,000 |
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- References No definition available.
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- References No definition available.
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- Definition The cash outflow to reacquire common and preferred stock. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The number of shares authorized to be repurchased by an entity's Board of Directors under a stock repurchase plan. No definition available.
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- Definition The remaining number of shares authorized to be repurchased by an entity's Board of Directors under a stock repurchase plan. No definition available.
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- Definition Number of shares of common stock subject to repurchase or cancellation determined by relating the portion of time within a reporting period that these shares have been outstanding to the total time in that period. Common stock subject to repurchase are outstanding common shares that are contingently returnable (that is, subject to recall). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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