Note 4 - Accrued Expenses

12 Months Ended

Dec. 31, 2016

Notes to Financial Statements

Other Assets Disclosure [Text Block]

4.

          Accrued Expenses

Accrued expenses as shown on the accompanying Consolidated Balance Sheets is composed of the following as of

December

31,

2016

and

2015:

	2016		2015
Accrued compensation	$	201,170	$	1,305
Accrued directors’ fees		78,070		-
Other accrued expenses		15,000		24,750
Total accrued expenses	$	294,240	$	26,055