Note 7 - Stockholders' Equity

3 Months Ended

Mar. 31, 2017

Notes to Financial Statements

Stockholders' Equity Note Disclosure [Text Block]

NOTE

7

- STOCKHOLDERS' EQUITY

Preferred Stock

The Company is authorized to issue

10,000,000

shares of noncumulative, non-voting, nonconvertible preferred stock,

$0.001

par value per share. At

March

31,

2017

and

December

31,

2016,

no

shares of preferred stock were outstanding.

Common Stock

On

December

7,

2016,

stockholders of the Company approved to increase the authorized shares of common stock from

200,000,000

to

250,000,000

shares,

$0.001

par value per share. At

March

31,

2017

and

December

31,

2016,

108,613,549

shares were issued and outstanding.

During the

three

months ended

March

31,

2017,

the Company did

not

issue any shares of common stock.