Note 11 - Subsequent Events

6 Months Ended

Jun. 30, 2018

Notes to Financial Statements

Subsequent Events [Text Block]

11. Subsequent Events .

On

July 27, 2018,

the Company received the names of the

four

remaining investors as previously explained in Footnote

6

Common Stock, paragraph

5.

The

1,839,034

shares were issued from the

2016

-

3

offering at

$.25

per share on

July 27, 2018,

as directed in the private placement subscription executed and received on

April 25, 2018.

The funds had been previously received on

December 26, 2017

and held as a prepaid private placement payment, a liability on the balance sheet, until the investor names were received and shares issued.

On

July 30, 2018,

539,447

shares of ABI Restricted Common voting Stock was issued to the

four

shareholders of ACTS Global Healthcare, Inc. pursuant to the Assignment executed by ACTS Global. This is a related party transaction insomuch as Dr. Stephen T. Chen executed the Assignment as the CEO of ACTS Global and is concurrently the Chairman, CEO, and President of ABI.