Note 9 - Stockholders' Equity

6 Months Ended

Jun. 30, 2017

Notes to Financial Statements

Stockholders' Equity Note Disclosure [Text Block]

NOTE

9

-

STOCKHOLDERS’ EQUITY

On

June 14, 2016,

upon receiving approval from the majority of the Company’s shareholders at the

2016

Annual Meeting, the Company implemented a

one

-for-

six

reverse stock split (the “Reverse Split”) of all outstanding shares of common stock, effective as of the close of business on

June 14, 2016.

The reverse split decreased the number of outstanding shares of common stock from

12,253,117

to approximately

2,042,020.

The Company’s authorized number of shares of common stock remains at

50,000,000

and the authorized number of shares of preferred stock of the Company remains at

5,000,000.

All share amounts in these financial statements reflect the

1

-for-

6

reverse split of our issued and outstanding common stock, retroactively.