Note 7 - Investments in Equity Securities

9 Months Ended

Sep. 30, 2020

Notes to Financial Statements

Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block]

7.

  INVESTMENTS

IN EQUITY SECURITIES

Investments in equity securities as of

September 30, 2020

are summarized in the table below:

	Three Months Ended September 30,					Nine Months Ended September 30,
	2020			2019		2020			2019
Cost basis	$	949,293		$	-	$	949,293		$	-
Unrealized gain (loss) on equity securities		(28,093	)		-		(28,093	)		-
Fair value of equity securities	$	921,200		$	-	$	921,200		$	-

During the

three

months ended

September 30, 2020,

the Company invested a total of

$949,293

to purchase

280,000

common shares of Ampco-Pittsburgh Corporation.