Item 5. Market for Registrant’s Common Equity
ITEM 5. MARKET FOR COMMON EQUITY AND RELATED STOCKHOLDER MATTERS
Our common stock is quoted on the OTC Markets Pink Sheets, under the symbol “FCCN”.
The following table sets forth the high and low bid prices for our common stock as reported each quarterly period within the last two years on the OTC Markets Pink Sheets, and as obtained from otcmarkets.com. The high and low prices reflect inter-dealer prices, without retail mark-up, markdown or commission and may not necessarily represent actual transactions.
Period
High*
Low*
Year ended 2021
Quarter ended
March 31, 2021
$
0.009
$
0.009
June 30, 2021
$
0.015
$
0.0149
September 30, 2021
$
0.016
$
0.016
December 31, 2021
$
0.009
$
0.0088
Year ended 2022
Quarter ended
March 31, 2022
$
0.158
$
0.076
June 30, 2022
$
0.16
$
0. 0364
September 30, 2022
$
0.129
$
0.027
December 31, 2022
$
0.05
$
0.0283
STOCKHOLDERS
As of March 24, 2023, there were approximately 97 holders of record of our common stock.
DIVIDENDS
From our inception we have never declared or paid any cash dividends on shares of our common stock and we do not anticipate declaring or paying any cash dividends in the foreseeable future. The decision to declare any future cash dividends will depend upon our results of operations, financial condition, current and anticipated cash needs, contractual restrictions, restrictions imposed by applicable law and other factors that our board of directors deem relevant. Although it is our intention to utilize all available funds for the development of our business, no restrictions are in place that would limit our ability to pay dividends. The payment of any future cash dividends will be at the sole discretion of our board of directors.
23
RECENT SALES OF UNREGISTERED SECURITIES
None.
Issuer Purchases of Equity Securities
The Company did not repurchase any of its equity securities during the fourth quarter ended December 31, 2022.
ITEM 6.
Reserved.
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.