Note 11. Subsequent Events
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9 Months Ended |
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Dec. 31, 2011
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Subsequent Events [Text Block] |
Note
11. Subsequent Events
On
January 12, 2012, the Company’s board of directors
granted Greg French, a member of its board of directors, an
option to purchase 40,000 shares of the Company’s
common stock at an exercise price of $1.09 per share. The
options vest 1/36th
per month over a three year vesting schedule commencing on
the grant date and expire ten years from the grant date. The
options were granted in connection with consulting services
for the Company.
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