Common Stock |
12 Months Ended |
|---|---|
Dec. 31, 2015 | |
| Equity [Abstract] | |
| Common Stock |
8. Common Stock
As of December 31, 2015, the Company had 800,000,000 shares of authorized common stock, $0.001 par value per share, and had 694,396,187 shares issued and outstanding. As discussed above, on March 3, 2015, the Companys shareholders approved an increase in the number of authorized shares to 800,000,000, which automatically resulted in the conversion of all outstanding Series A and Series B shares to common stock and thereby increased the number of outstanding shares of common stock by 545,844,608.
The holders of common stock are entitled to one vote for each share of common stock held. |
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- References No definition available.
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- Definition The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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