Note 7 - Preferred Stock

6 Months Ended

Jun. 30, 2018

Notes to Financial Statements

Stockholders' Equity Note Disclosure [Text Block]

( 7 ) Preferred Stock

On

March 18, 2009,

the Company declared a dividend of

one

preferred share purchase right (a “Right”) for each outstanding share of common stock, par value

$0.01

per share, to the stockholders of record on

March 

20,

2009.

Each Right entitles the registered holder to purchase from the Company

one one

-thousandth of a share of Series A Junior Participating Preferred Stock, par value

$0.01

per share (the “Preferred Share”) of the Company, at a price of

$25

per

one one

-thousandth of a Preferred Share subject to adjustment and the terms of the Rights Agreement. The Rights expire on

March 19, 2019.