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Note 9 - Subsequent Events
9 Months Ended
Sep. 30, 2017
Notes to Financial Statements  
Subsequent Events [Text Block]
NOTE
9
-
SUBSEQUENT EVENTS
 
On
October 4, 2017
the Company raised
$150,000
through the sale of
3,750,000
Units as part of
August 2017
offering. Each Unit consisted of
one
share of Common Stock and
one five
-year warrant to purchase
0.25
share of Common S
tock. Four (
4
) warrants can be exercised to acquire
one
whole share of Common Stock for
$0.04.
 
In
October, 2017
the Company entered into an exclusive supply and purchase agreement with BASF Corporation. Per the agreement the Company and BASF will develop, c
o-brand and market halloysite-clay based products to markets that include paints and coatings, inks, rubber, adhesives, paper and ceramic honeycomb catalytic substrates. Both parties to the agreement will share profits.