Quarterly report pursuant to Section 13 or 15(d)

Common Stock

Common Stock
6 Months Ended
Jun. 30, 2014
Equity [Abstract]  
Common Stock
9. Common Stock

On May 30, 2014 the Company held its Annual meeting of Shareholders, at which, the Company’s shareholders authorized the amendment to our Amended and Restated Articles of Incorporation to increase the number of authorized shares of common stock from 50,000,000 shares to 100,000,000 shares, upon a determination by our Board of Directors that such an increase is in the best interests of our Company and our shareholders.

As part of the Company’s non-employee Director compensation program and in connection with the Company’s annual meeting, on May 30, 2014 each continuing non-employee Director, Frederick Telling, Charles Pope, Alan Dunton, Christine Koski and Robert Koski was granted an award of 10,000 fully vested shares of the Company’s common stock under the Company’s 2012 Equity Incentive Plan.