Note 8 - Subsequent Event

9 Months Ended

Sep. 30, 2020

Notes to Financial Statements

Subsequent Events [Text Block]

Note

8

– Subsequent Event

On

November 12, 2020,

we announced that we entered into an Agreement and Plan of Merger (the “Merger Agreement”) with McKean Defense Group, Inc., a Delaware corporation (“McKean”), pursuant to which we will be acquired by McKean. Under the terms of the Merger Agreement, all issued and outstanding shares of our common stock will automatically be cancelled and converted into the right to receive payment in cash of

$0.13

per share.  Closing of the Merger is expected to occur in the

first

quarter of

2021

subject to satisfaction of customary conditions, including approval by our stockholders.  For more information, please see our Current Report on Form

8

-K filed with the SEC on

November 13, 2020.