Note 22 - Subsequent Events

1,755 shares of the Series B Convertible Preferred Stock converted to 11,700,002 shares of common stock during the period of January 2, 2018 through January 11, 2018.

During the period January 17, 2018 through March 30, 2018, the Company received $5,717,345 from the exercise of 30,492,070 warrants.

On March 27, 2018 the Company converted a trade receivable of $426,540 to a long-term note receivable with a term of 60 months and an interest rate of 4.25% per annum. The first installment on the note is due April 30, 2018. Included in the conversion is $365,298 that was included in trade receivables less an accrued rebate of $76,500 that was included in trade and other payables on the Consolidated Balance Sheet as of December 31, 2017.