Subsequent Events |
12 Months Ended |
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Oct. 01, 2017 | |
| Subsequent Events [Abstract] | |
| Subsequent Events |
Note 15 — Subsequent Events
On November 15, 2017 there were 48 Series C preferred shares converted into 200,000 shares of common stock at the Conversion price of $1.20, or $240 thousand. On December 18, 2017 there were 48 Series C preferred shares converted into 200,000 shares of common stock at the conversion price of $1.20, or $240 thousand. After the conversions, there are 78 Series C preferred shares and 8,590,101 common shares outstanding. |
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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://www.xbrl.org/2003/role/presentationRef
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