Quarterly report pursuant to Section 13 or 15(d)

Subsequent Events

v3.8.0.1
Subsequent Events
3 Months Ended
Mar. 31, 2018
Subsequent Events [Abstract]  
Subsequent Events
Note 14.  Subsequent Events: 

During May 2018, the Company executed a trade for 100 bitcoins generating $957,300 in cash proceeds.

Corporate Lease Agreement

On April 9, 2018 the Company entered into a commercial lease covering 1,694 rentable square feet of office space in Fort Lauderdale, Florida, with a third-party. The lease is for an initial term of thirty-nine months, with one five-year option to renew. The lease requires initial monthly rent of approximately $7,000, including base rent and associated operating expenses.

Stock Transactions

In April 2018, holders of 89,517 Series B preferred shares elected to convert those shares to 89,517 shares of the Company’s common stock under its original terms.

On April 20, 2018, 18,000 shares of the Company’s common stock were issued for consulting services.

On April 25, 2018 the Company issued 40,000 shares of common stock related to a restricted stock unit issuance for services performed in 2017.