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Subsequent Events
12 Months Ended
Dec. 31, 2015
Subsequent Events  
Subsequent Events

 

12.  Subsequent Events

 

On February 4, 2016, the Company entered into an unsecured revolving promissory note to borrow up to $2,200,000 from G. Ward Paxton, the Company’s Chief Executive Officer.  Under the terms of the note, the Company may borrow, repay and reborrow on the loan as needed up to an outstanding principal balance due of $2,200,000 at any given time through March 2018.