RELATED PARTY TRANSACTIONS
|9 Months Ended|
Sep. 30, 2018
|Notes to Financial Statements|
|NOTE M - RELATED PARTY TRANSACTIONS||
On May 30, 2018, the Company repurchased from a director 75,000 shares of its common stock at a purchase price per share of $2.77 or aggregate consideration of $207,750 (see Note J hereof).
The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates.
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef