Note 5 - Subsequent Event - Land Purchase

6 Months Ended

Jun. 30, 2016

Notes to Financial Statements

Subsequent Events [Text Block]

Note 5:       Subsequent Event - Land Purchase

On July 20, 2016, the Company purchased approximately 880 acres of land in Calcasieu parish, Louisiana. The purchase price, inclusive of estimated related costs, was allocated $408,000 in timber and $1,519,021 to land on the Company’s balance sheet. 50% of all mineral rights were conveyed to the Company on the closing date.