Quarterly report pursuant to Section 13 or 15(d)

Note 7 - Subsequent Events

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Note 7 - Subsequent Events
3 Months Ended
Mar. 31, 2018
Notes to Financial Statements  
Subsequent Events [Text Block]
Note
7
Subsequent Events
 
Subsequent to
March 31, 2018,
Gelest and the Company mutually agreed to convert the
December 13, 2016
CHS Supply Agreement, now mutually cancelled, to an agreement under which Gelest will provide CHS storage and handling, website and catalog listings of CHS produced by or for the Company for sale to its customers, and customer service, including trans-fill of customer cylinders. In connection with the changed direction of the Company’s business model and the newly defined relationship with Gelest, the Company is in discussions with NDSU and NDSU/RF in order to determine the path forward and/or satisfy outstanding obligations, if any, of the parties with respect to the NDSU/RF Agreement dated
June 16, 2016.