Note 6 - Subsequent Events

9 Months Ended

Sep. 30, 2021

Notes to Financial Statements

Subsequent Events [Text Block]

Note 6.    Subsequent Events

All of the effects of subsequent events that provide additional evidence about conditions that existed at the balance sheet date, including the estimates inherent in the process of preparing the consolidated financial statements, are recognized in the consolidated financial statements. The Company does not recognize subsequent events that provide evidence about conditions that did not exist at the balance sheet date but arose after, but before the consolidated financial statements are issued. In some cases, unrecognized subsequent events are disclosed to keep the consolidated financial statements from being misleading.

The Company has evaluated subsequent events through November 12, 2021, the date on which the consolidated financial statements were issued.  On October 31, 2021, Kurt Scott resigned from the board of directors and as chair of the audit committee.  On November 3, 2021, John Helms, CPA, was appointed to the board directors and as chair of the audit committee.