Note 11 - Related Party Transactions

3 Months Ended

Mar. 31, 2017

11 .	Related Party Transactions

The Company used a law firm whose majority member was also a member of the Company’s Board of Directors. For the

three

months ended

March

31,

2017

and

2016,

the Company expensed

$40,000

and

$25,000,

respectively, for legal services from this related party. As of

March

31,

2017

and

December

31,

2016,

the Company’s outstanding balance to this related party was

$203,000

and

$163,000,

respectively.

Effective

March

31,

2017

the Board member resigned from the Board of Directors which removed the related party relationship with this law firm.