Note 13 - Subsequent Event

12 Months Ended

Dec. 31, 2019

Notes to Financial Statements

Subsequent Events [Text Block]

NOTE

1

3

- SUBSEQUENT EVENT

The Company’s management reviewed material events through

March 30, 2020.

 On

January 15, 2020

the Company issued an additional

8,212,

shares of restricted stock valued at

$45,000

for services provided by the Board of Directors. The shares vested immediately.

The rapid outbreak of the coronavirus (Covid-

19

) presents an alarming health crisis that the world is grappling with. In addition to the human impact, there is also a significant commercial impact being felt globally. As viruses know

no

borders, the impacts will continue to spread. The outbreak is also affecting LiqTech’s market conditions for an indefinite period and the Company is experiencing severe business interruptions caused by the travel and working restrictions all over the world. The Management is closely monitoring the situation and is taken the necessary actions.