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Note 12 - Related Party Transactions
9 Months Ended
Sep. 30, 2017
Notes to Financial Statements  
Related Party Transactions Disclosure [Text Block]
NOTE
12
– RELATED PARTY TRANSACTIONS
 
On
July 12, 2017
, Mr. Bill Chaaban resigned as Chief Executive Officer of the Company
. The resignation did
not
result from any disagreements with the Company or its management. Mr. Chaaban will continue to serve as Chairman of the Board and as President of the Company. Mr. Chaaban holds long term convertible notes bearing interest
12%
per annum and are convertible to
871,576
common shares with a maturity date of
August 17, 2018
.
 
On
July 12, 2017
, the Company elected individuals to serve as Directors on the Board. These individuals hold long term convertible notes payable issued prior to the election. All notes payable bear interest at
5%
per annum and are convertible to common shares with various maturity dates.