27. Subsequent Event |
9 Months Ended |
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Sep. 29, 2018 | |
Subsequent Events [Abstract] | |
Subsequent Event |
Note 27: Subsequent Events
Approval of Conversion of Series A Preferred Stock
On October 23, 2018, at the Company’s 2018 Annual Meeting of Shareholders, the Company’s shareholders approved the conversion, at the option of the holder of the shares of Series A Preferred Stock, of the shares of Series A Preferred Stock into shares of the Company’s common stock in accordance with the terms of the Nevada Articles of Incorporation, subject to a 61 day waiting period and compliance with Nasdaq’s listing rules. |
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- References No definition available.
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- Definition 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
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