Item 5. Market for Registrant’s Common Equity
Item
5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity
Securities.
Market
Information
Our
common stock was initially quoted on the OTCQB Venture Marketplace at the opening of business on October 6, 2017 under the symbol “BSTG.”
Prior to that time, our common stock traded on the NASDAQ Capital Market also under the symbol “BSTG.” From our initial listing
on October 21, 2013 until April 1, 2016, in connection with our name change, our common stock traded on the NASDAQ Capital Market under
the symbol “HART.”
There
were 141 holders of record of our common stock as of March 20, 2023, which does not include persons or entities that hold their stock
in nominee or “street” name through various brokerage firms. We believe that the number of beneficial owners of our common
stock at that date was substantially greater.
Dividend
Policy
We
have never declared or paid cash dividends on our common stock in the past and do not intend to pay cash dividends on our common stock
in the foreseeable future. Any future determination to pay cash dividends will be at the discretion of our Board of Directors and will
depend on our financial condition, results of operations, capital requirements and other factors our Board of Directors deems relevant.
Recent
Sales of Unregistered Securities
During the fiscal year ended December 31, 2022, all
of our unregistered sales were previously disclosed in our Quarterly Reports on Form 10-Q or in Current Reports on Form 8-K in relation
to the applicable periods, other than during the fourth quarter of 2022, we issued 558,825 shares of common stock in connection with cashless
exercises of 775,000 warrants that were issued in December 2017, which such issuances were done without registration under the Securities
Act in reliance on the exemptions provided by Section 4(a)(2) of the Securities Act as transactions not involving a public offering
and Rule 506 promulgated under the Securities Act as sales to an accredited investor, and in reliance on similar exemptions under applicable
state laws.
Item
6. Selected Financial Data.
Not
Applicable.
44
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