SUBSEQUENT EVENTS

6 Months Ended

Jun. 30, 2019

Subsequent Events [Abstract]

Subsequent Events [Text Block]

NOTE 10.   SUBSEQUENT EVENTS

On July 18, 2019, we entered into a Promissory Note Purchase Agreement with SBI Investments LLC, 2014-1 (the “SBI”), (the “SBI Purchase Agreement”), pursuant to which we issued to SBI a Promissory Note (the “SBI Note”) in the aggregate principal face value amount of $850,000, with an original issuance discount of approximately 12%. The SBI Note bears interest at the rate of 10% per annum. The principal amount, including accrued but unpaid interest thereon, is due and payable on October 18, 2019. The SBI Purchase Agreement and related SBI Note contain certain events of default upon which, if uncured, may accelerate the due date and payment of the principal amount, including all accrued but unpaid interest.