Note 11 - Related Party Transactions

6 Months Ended

Jun. 30, 2017

Notes to Financial Statements

Related Party Transactions Disclosure [Text Block]

11 . Related Party Transactions

The Company uses a law firm whose majority member was a member of the Company’s Board of Directors. Effective

March 31, 2017,

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

three

months ended

June 30, 2016

the Company expensed

$25,000

for legal services from this related party. For the

six

months ended

June 30, 2017

and

2016,

the Company expensed

$40,000

and

$50,000,

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

December 31, 2016,

the Company’s outstanding balance to this related party was

$163,000.