Note 11 - Related Party Transactions

6 Months Ended

Dec. 31, 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

December 30, 2019

and

2018,

respectively, the Company received

nil

for expense reimbursements from CABS, respectively, while the Company received

nil

and

$30,000

for expense reimbursements from CABS during the

six

months ended

December 31, 2019

and

2018,

respectively. During the

three

and

six

months ended

December 31, 2019,

the Company paid CABS

$26,920

and

$39,820,

respectively for consulting expenses. During the

three

and

six

months ended

December 31, 2018,

the Company paid CABS

nil

for both periods. 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

six

months ended

December 31, 2018,

while there were

no

such expenses for the

six

months ended

December 31, 2019.