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Note 7 - Related Party Transactions
6 Months Ended
Jun. 30, 2018
Notes to Financial Statements  
Related Party Transactions Disclosure [Text Block]
NOTE 
7
– RELATED PARTY TRANSACTIONS
 
The Audit Committee has the responsibility to review and approve all transactions to which a related party and the Company
may
be a party prior to their implementation, to assess whether such transactions meet applicable legal requirements.
 
In
April 2018,
one
of the Company’s directors, Richard L. Gabriel, executed a
six
-month consulting contract to help guide operations for the Company’s wholly-owned subsidiary TumorGenesis. Under the terms of the agreement Mr. Gabriel will receive
$12,000
monthly cash payment. In addition, Mr. Gabriel will receive a grant of
240,000
performance-based restricted stock units (“RSU’s”) under the Company’s Amended and Restated
2012
Stock Incentive Plan, with the vesting and payment of the RSU’s based on performance milestones as set forth in the agreement.