EXHIBIT 107
CALCULATION OF REGISTRATION FEE
| Security Type | Security Class Title | Fee Calculation or Carry Forward Rule | Amount Registered(1) | Proposed Maximum Offering Price Per Unit(2) | Maximum Aggregate Offering Price | Fee Rate | Amount of Registration Fee | |||||||||||||||||||
| Equity | Common Stock, par value $0.001 | 457 | (o) | — | — | $ | 5,000,000 | 0.00015310 | $ | 765.50 | ||||||||||||||||
| Equity | Representative’s Warrants (3) (4) | — | — | — | — | — | — | |||||||||||||||||||
| Total Offering Amounts | $ | 5,000,000 | 0.00015310 | $ | 765.50 | |||||||||||||||||||||
| Total Fees Previously Paid | $ | 0 | ||||||||||||||||||||||||
| Net Fee Due | $ | 765.50 | ||||||||||||||||||||||||
| (1) | Estimated solely for the purpose of calculating the amount of the registration fee pursuant to Rule 457(o) of the Securities Act of 1933, as amended. Includes shares to be sold upon exercise of the underwriter’s option to purchase additional shares. |
| (2) | Pursuant to Rule 416, the securities being registered hereunder include such indeterminate number of additional securities as may be issued after the date hereof as a result of stock splits, stock dividends or similar transactions. |
| (3) | No fee pursuant to Rule 457(g) under the Securities Act of 1933, as amended. |
| (4) | The Representative’s Warrants will represent the right to purchase 4% of the aggregate number of shares of common stock sold in this offering, including shares of common stock upon the exercise of the option to purchase additional shares, at an exercise price equal to 110% of the public offering price per share. |
The registrant hereby amends this registration statement on such date or dates as may be necessary to delay its effective date until the registrant shall file a further amendment which specifically states that this registration statement shall thereafter become effective in accordance with Section 8(a) of the Securities Act of 1933, as amended, or until the registration statement shall become effective on such date as the Securities and Exchange Commission, acting pursuant to said Section 8(a), may determine.
