Subsequent Events

9 Months Ended

Sep. 30, 2017

Subsequent Events [Abstract]

Subsequent Events [Text Block]

Note 12 – Subsequent Events

The Company has evaluated events and transactions subsequent to September 30, 2017 and through the date these Condensed Consolidated Financial Statements were included in this Form 10-Q and filed with the SEC.

As further discussed in Note 6, subsequent to September 30, 2017, the Company entered into the Second Carlisle Agreement, pursuant to which the Company borrowed $500,000, the Fifth Amendment to the Credit Agreement and a Mutual Lien Intercreditor Agreement with Carlisle and SCM.

As further discussed in Note 6, subsequent to September 30, 2017, the Company entered into the Sixth Amendment to the Credit Agreement.

As further discussed in Note 8, subsequent to September 30, 2017, the Company declared a semi-annual dividend of $6.00 per share of Preferred Stock aggregating $99,000, which was paid on November 9, 2017.