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Note 12 - Subsequent Event
3 Months Ended
Mar. 31, 2022
Notes to Financial Statements  
Subsequent Events [Text Block]

NOTE 12 – Subsequent Event:

 

Effective  May 1, 2022, the Company, through BAMKO, closed on the acquisition of substantially all of the assets of Guardian Products, Inc. (“Guardian”) of Norcross, Georgia. Guardian is a branded merchandise company that is one of the leading providers of promotional products to automotive dealers nationwide. The purchase price for the acquisition consisted of the following: (a) cash at closing, subject to working capital adjustments, (b) the potential for future payment in additional contingent consideration through May 1, 2025, and (c) the issuance of restricted shares of the Company’s common stock that vest over a three-year period.