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Note 16 - Subsequent Events
9 Months Ended
Sep. 30, 2019
Notes to Financial Statements  
Subsequent Events [Text Block]
NOTE
16
.     
SUBSEQUENT EVENTS
 
Subsequent to
September 30, 2019
through
October 25, 2019,
we sold through Cowen an additional
7,400
 shares of our Class A common stock, under the “at the market” Sales Agreement, resulting in net proceeds to us of
$144,707
 (See Note
11
).
 
On
October 1, 2019,
our subsidiary, LMO, acquired certain billboard assets in Missouri from Alpha Displays, Inc. The purchase price for the acquired assets was
$1,337,685
and includes
$380,547
that was held back by LMO and will be disbursed, subject to any claims for indemnification, over an
18
month period. The assets were acquired for the purpose of expanding our presence in the outdoor advertising market in the Midwestern United States.