Note 11 - Related Party Transactions

3 Months Ended

Sep. 30, 2019

Notes to Financial Statements

Related Party Transactions Disclosure [Text Block]

11.

     RELATED PARTY TRANSACTIONS:

The Coalition for Affordable Bay Solutions (“CABS”), a

not

-for-profit organization that engages in political and legislative lobbying and educational activities regarding the competitive bidding procurement and nutrient credit trading program in Pennsylvania (and elsewhere), shares certain key management members with the Company.

During the

three

months ended

September 30, 2019

and

2018,

respectively, the Company received

nil

and

$30,000

for expense reimbursements from CABS, respectively. During the

three

months ended

September 30, 2019

and

2018,

respectively, the Company paid CABS

$12,900

and

nil,

respectively for consulting expenses. The Company also issued

16,000

shares of its restricted common stock valued at

$8,000

for

third

party consulting expenses on behalf of CABS during the

three

months ended

September 30, 2018.