Note 13 - Subsequent Events

9 Months Ended

Sep. 30, 2017

Notes to Financial Statements

Subsequent Events [Text Block]

1 3. SUBSEQUENT EVENTS

On

August 7, 2017,

the Company received written notice from Wong Kwok Fong, the holder of an aggregate of

90,000

shares of the Company

’s Series A-

1

Convertible Preferred Stock, of his desire to increase the maximum percentage of

 shares of common stock issuable upon conversion of the Series A-

1

Convertible Preferred Stock from

9.99%

to

35%.

In accordance with the Certificate of Designation of the Series A-

1

Shares, such notice became effective on the

61

st

day

 following the date such notice was provided to the Company. On

October 17, 2017,

Wong Kwok Fong converted

27,404

of the Series A-

1

Shares at a conversion

price of

$3.60

per share resulting in the acquisition of

761,222

shares of the

 Company

’s Common Stock

On

November 6, 2017,

we issued a warrant to purchase

100,000

shares of common stock to a consultancy firm in payment of consulting services.

On

November 13, 2017,

we issued

2,276

shares of common stock to

four

non-employee directors in payment of directors’ fees. 

The Company has reviewed all other subsequent events through the date of filing.