Note 12 - Subsequent Events

In January 2019, the Company entered into two new lease agreements with Systems Trading (a related party) to lease equipment. The first lease obligation is payable to Systems Trading with sixty monthly installments of $29,592. This lease carries an interest rate of 6.76%. and the second lease obligation is payable to Systems Trading with thirty-six monthly installments of $1,207. This lease carries an interest rate of 6.76%.

On November 5, 2018, the Company reported that Nexxis Inc. ("Nexxis"), a majority-owned subsidiary of the Company, entered into a Stock Purchase Agreement (the "SPA") with Todd A. Correll ("Correll"), Thomas J. Tharrington ("Tharrington" and together with Correll, "Seller"), and Broadsmart Florida, Inc. ("Broadsmart"), pursuant to which Nexxis purchased from Seller 100% of the issued and outstanding shares of common stock of Broadsmart (the "Broadsmart Acquisition").

On February 11, 2019, Nexxis, Seller and Broadsmart entered into an Agreement to Unwind and Mutual Release pursuant to which (i) the SPA and Broadsmart Acquisition were rescinded in their entirety and rendered null and void, and all consideration delivered by Nexxis and Seller was returned to the respective parties, and (ii) the parties mutually released and discharged each other from any and all claims or liability related to the SPA and Broadsmart Acquisition.