Note 6 - Related Parties

12 Months Ended

Dec. 31, 2016

Notes to Financial Statements

Related Party Transactions Disclosure [Text Block]

(

6

) Related Parties

As of

December 31, 2016

and

2015,

the Company had

$0

and

$1,623,

respectively, included in Due to affiliates in the accompanying consolidated balance sheets that is due to a stockholder.

As of

December 31, 2016

and

2015,

the Company had

$59,157

included in Due to affiliates in the accompanying consolidated balance sheets that is due to a stockholder for amounts paid to certain vendors for services rendered. The amount is non-interest bearing and due upon demand.

As of

December 31, 2016

and

2015,

the Company had

$280,336

and

$177,133,

respectively, included in Due to affiliates in the accompanying consolidated balance sheets that is due to a stockholder and consultant of the Company for services rendered as a business advisor and for amounts paid to certain vendors for services rendered. The amounts are non-interest bearing and due upon demand.

As of

December 31, 2016

and

2015,

the Company had

$64,000

included in Due to affiliates in the accompanying consolidated balance sheets that is due to a stockholder and consultant of the Company for services rendered in his former role as the Chief Executive Officer or the Company. The amount is non-interest bearing and due upon demand.

As of

December 31, 2016

and

2015,

the Company had

$117,598

included in Due to affiliates in the accompanying consolidated balance sheets that is due to a stockholder for amounts paid to certain vendors for services rendered. The amount is non-interest bearing and due upon demand.

As of

December 31, 2016

and

2015,

the Company had

$0

and

$7,027,

respectively, included in Due to affiliates in the accompanying consolidated balance sheets that is due to a stockholder and consultant of the Company for amounts paid to certain vendors for services rendered. The amounts are non-interest bearing and due upon demand.

As of

December 31, 2016

and

2015,

the Company had

$48,491

and

$7,067,

respectively, included in Due to affiliates in the accompanying consolidated balance sheets that is due to a stockholder and consultant of the Company for amounts paid to certain vendors for services rendered. The amounts are non-interest bearing and due upon demand.

As of

December 31, 2016

and

2015,

the Company had

$155,485

included in Due to affiliates in the accompanying consolidated balance sheets that is due to creditors of FSC, a business acquired by the Company during

2015

(see Note

9

). The amounts are non-interest bearing and due upon demand.