Note 11 – SUBSEQUENT EVENTS

On June 3, 2020, the Company paid off the remaining balance of the $4,000,000 Term Loan #2 which originated on June 28, 2016. The final payment, including accrued interest, totaled $2,912,500.

On July 9, 2020, the Board of Directors approved a $0.06 dividend that will be paid on or about September 10, 2020 to shareholders of record as of August 20, 2020.