XML 32 R23.htm IDEA: XBRL DOCUMENT

Note 17 - Subsequent Events	12 Months Ended
Note 17 - Subsequent Events	Dec. 31, 2016
Notes to Financial Statements
Subsequent Events [Text Block]	NOTE 1 7 - SUBSEQUENT EVENTS In January 2017, the lease for 20 North Rear Road was restructured under a new lease. The previous amounts due were forgiven and the new rent is $4,000.00 CND plus taxes. This was accomplished through a 3 -way deal between the lien holder on the property, the landlord and CEN Biotech where CEN Biotech took on convertible debt obligation with the lien holder approximately equal to the outstanding balance and remaining balance of the lease obligations in exchange for a lower monthly lease obligation. Between January – March 2017 CEN Biotech raised funds totaling $1,066,475 through convertible notes convertible into 666,547 common shares. In March 2017 CEN Holdings Inc. was dissolved to simplify accounting activities. In March 2017 the company extended the term of its obligations related to the patent transfer. This was necessary to ensure the company has time to develop operational plans related to the patent.