Note 12 - Subsequent Events |
3 Months Ended |
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Mar. 31, 2017 | |
Notes to Financial Statements | |
Subsequent Events [Text Block] |
Note 12: Subsequent EventsOn
April 29, 2017, the Company entered into a regional developer agreement for certain territories in the state of Florida. The parties paid an initial development fee of $320,000. The development schedule requires the opening and operating of a minimum of 32 clinics over the next ten years. A portion of the development fee will be funded through a promissory note. The note will bear interest at 10% per annum for 42 months and requires monthly principal and interest payments over 36 months, beginning November 1, 2017 and maturing on October 1, 2020.
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- References No definition available.
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- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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