Note 22 - Subsequent Events

12 Months Ended

Dec. 31, 2017

Notes to Financial Statements

Subsequent Events [Text Block]

NOTE

22

- SUBSEQUENT EVENTS

Between

January

to

March 2018

CEN raised funds totaling

$595,800

through

2

-year convertible notes convertible into

372,375

common shares. In addition, other short-term notes were issued totaling

$405,000

(

$225,000

of which is related party), of which

$130,000

was already repaid. These short-term notes bear "interest" in the form of common shares and are subject to extensions. Common share "interest," including extensions totaled

43,400

shares.

On

March 29, 2018

Mr. Chaaban assigned notes totaling approximately

$236,377,

convertible notes totaling

$1,388,122

and accrued interest of approximately

$345,460

to his spouse. The convertible notes contain conversion options equaling

867,576

shares of Company common stock.