Note 13 - Commitments and Contingencies

12 Months Ended

Dec. 31, 2016

Notes to Financial Statements

Commitments and Contingencies Disclosure [Text Block]

1 3. Commitments and contingencies

Operating Leases

The Company leases office and storage space. Rent expense for the years ended

December

31,

2016

and

2015,

was

$178,073

and

$155,926,

respectively. Minimum future lease payments under the operating lease consist of the following:

Year ending December 31,	Amount
2017	$	115,486
2018		135,704
2019		139,775
2020		143,969
2021		148,288
Total	$	683,222

Litigation

The Company is involved in various legal matters that have arisen in the ordinary course of business. While the ultimate outcome of these matters is not presently determinable, it is the opinion of management that the resolution will not have a material adverse effect on the financial position or results of operations of the Company.