Note 16 - Related Party Transactions

3 Months Ended

Dec. 31, 2019

Notes to Financial Statements

Related Party Transactions Disclosure [Text Block]

Note

1

6

– Related Party Transactions

The Company utilizes the services of a consultant in conjunction with its international operations. The consultant is the spouse of

one

of the owners of Serlefin Peru. For the

three

months ended

December 31, 2019

and

2018,

the Company paid this consultant

$12,500

and

$25,239,

respectively. The Company does

not

have a formal agreement in place for these services, and the Company had

no

amounts due to this consultant as of

December 31, 2019

and

September 30, 2019.

On

August 15, 2019,

the Company and Lou Piccolo, a non-independent member of the Company’s Board of Directors, entered into a new

one

-year,

$30,000

contract, pursuant to which Mr. Piccolo will provide consulting services. The compensation is to be paid quarterly. The Company recorded an expense of

$7,500

for the

three

months ended

December 31, 2019.

There were

no

amounts due to Mr. Piccolo at

December 31, 2019

and

September 30, 2019.