Annual report pursuant to Section 13 and 15(d)

Note 13 - Subsequent Events

v3.19.1
Note 13 - Subsequent Events
12 Months Ended
Dec. 31, 2018
Notes to Financial Statements  
Subsequent Events [Text Block]
1
3
.
Subsequent Events
 
In
January 2019,
the board of directors approved the
2019
evergreen provision increasing the total stock reserved for issuance under the
2013
Plan by
2,043,142
shares from 
4,914,016
shares to a total of
6,957,158
shares, which was effective
January 1, 2019.
 
In
February 2019,
the Company executed a mutual termination of the Distributorship Agreement with ICM. As a result, the Company
no
longer has a minimum purchase requirement to purchase a certain quantity of ICM products per month.