Note 4 - Accrued Expenses

12 Months Ended

Dec. 31, 2017

Notes to Financial Statements

Accounts Payable and Accrued Liabilities 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, 2017

and

2016:

	2017		2016
Accrued management salaries	$	532,615	$	201,170
Accrued directors ’ fees		182,620		78,070
Other accrued expenses		18,476		15,000
Total accrued expenses	$	733,711	$	294,240