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Note 13 - Related Parties
 12 Months Ended
Dec. 31, 2017
Notes to Financial Statements  
Related Party Transactions Disclosure [Text Block]
NOTE
13
– RELATED PARTIES
 
David A. Taft is the president of IBS Capital LLC (“IBS”), a Massachusetts limited liability company, whose principal business is investing in securities. IBS is the general partner of the IBS Turnaround Fund (QP), which is a Massachusetts limited partnership, IBS Turnaround Fund (LP), which is a Massachusetts limited partnership and the IBS Opportunity Fund, Ltd.
 
Mr. Taft participated in the Series A Note financing described in Note
8,
with the following investments, which were utilized by the Company to fund its operations:
 
Investor
  
Investment
    
OID/Discount
    
Principal
    
Shares
Issuable
at 0.40
(excluding
interest)
  
                                 
IBS Turnaround Fund (A Limited Partnership)
   $
531,960
      
0.66
     $
806,000
      
2,015,000
  
                                 
IBS Turnaround Fund QP (A Limited Partnership)
   $
1,118,040
      
0.66
     $
1,694,000
      
4,235,000
  
                                 
IBS Opportunity Fund, Ltd.
    
350,000
      
0.66
      
530,303
      
1,325,758
  
    $
2,000,000
      
 
     $
3,030,303
      
7,575,758