The Company had $2,500,000 of restricted cash held in escrow from the sale of commons stock to an investor that had the right to require the Company to repurchase the common stock for $2,500,000 through November 19, 2018. Upon expiration of these rights, the cash will be released from escrow.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.