Note 15 - Subsequent Events (Details) - USD ($) |
Oct. 06, 2016 |
Aug. 31, 2016 |
Aug. 01, 2016 |
May 31, 2016 |
|---|---|---|---|---|
| Amendments to Agreements with Old Main Capital [Member] | Convertible Debt [Member] | Subsequent Event [Member] | ||||
| Note 15 - Subsequent Events (Details) [Line Items] | ||||
| Amendment to Security Purchase Agreement | (i) deleting the Company’s obligation to register the Company’s common stock underlying the 10% Notes and the 8% Note and (ii) reducing the aggregate amount of the 10% Notes to be issued thereunder from $555,555 to $333,333, which have already been issued | |||
| Old Main 10% Notes [Member] | Convertible Debt [Member] | ||||
| Note 15 - Subsequent Events (Details) [Line Items] | ||||
| Debt Instrument, Face Amount | $ 333,333 | $ 333,333 | ||
| Debt Instrument, Interest Rate, Stated Percentage | 15.00% | 15.00% | 10.00% | |
| Old Main 10% Notes [Member] | Convertible Debt [Member] | Subsequent Event [Member] | ||||
| Note 15 - Subsequent Events (Details) [Line Items] | ||||
| Debt Instrument, Face Amount | $ 333,333 | |||
| Description of Amendment | (i) increasing the interest rate on the 10% Notes from 10% to 15% effective August 1, 2016, (ii) amending, effective September 1, 2016, the amortization and installment payment schedule attached to the 10% Notes to commence thirty calendar days after the date that the initial Amortization Payment (as defined in the 10% Notes) was required to be paid, (iii) giving Old Main the right, in its sole discretion, to waive an Amortization Payment under the 10% Notes, provided that any Amortization Payment waived by Old Main shall automatically be added to the end of the amortization and installment payment schedule, and (iv) prohibiting Old Main from delivering a Notice of Conversion (as defined in the 10% Notes) to the Company at any time after a Put Notice (as defined in the Equity Purchase Agreement (as described below)) has been received by Old Main from the Company and before the first trading day immediately following the closing associated with such Put Notice | |||
| Old Main 8% Note [Member] | Convertible Debt [Member] | ||||
| Note 15 - Subsequent Events (Details) [Line Items] | ||||
| Debt Instrument, Interest Rate, Stated Percentage | 8.00% | 8.00% | ||
| Old Main 8% Note [Member] | Convertible Debt [Member] | Subsequent Event [Member] | ||||
| Note 15 - Subsequent Events (Details) [Line Items] | ||||
| Description of Amendment | (i) amending, effective September 1, 2016, the amortization schedule attached to the 8% Note to commence at the earlier of (a) one hundred and twenty calendar days from the date of the Amendment to Agreements or (b) the effectiveness of the registration statement filed with respect to the Equity Purchase Agreement and (ii) prohibiting Old Main from delivering a Notice of Conversion (as defined in the 8% Note) to the Company at any time after a Put Notice (as defined in the Equity Purchase Agreement (as described below)) has been received by Old Main from the Company and before the first trading day immediately following the closing associated with such Put Notice | |||
| Amendment to Equity Line with Old Main Capital [Member] | Subsequent Event [Member] | ||||
| Note 15 - Subsequent Events (Details) [Line Items] | ||||
| Description of Amendment | (i) amending the Commitment Period (as defined in the Equity Purchase Agreement) so that it shall be 24 months from the date of execution of the Amendment to Equity Line, (ii) prohibiting the Company from delivering a subsequent Put Notice (as defined in the Equity Purchase Agreement) from the beginning of any Valuation Period (as defined in the Equity Purchase Agreement) until the fourth Trading Day (as defined in the Equity Purchase Agreement) immediately following the closing associated with the prior Put Notice, (iii) amending the beneficial ownership limitation in Section 7.2(g) of the Equity Purchase Agreement to increase the Beneficial Ownership Limitation (as defined in the Equity Purchase Agreement) to 9.99% and to remove the ability of Old Main to increase or decrease the Beneficial Ownership Limitation, and (iv) replacing the schedules to the Equity Purchase Agreement with the schedules attached to the Amendment to Equity Line reflecting recent developments since the date the Equity Purchase Agreement was executed. |