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Note 20 - Subsequent Events
 9 Months Ended
Oct. 01, 2017
Notes to Financial Statements  
Subsequent Events [Text Block]
(
20
)
Subsequent Events
 
Subsequent to the
third
quarter ended
October
 
1,
 
2017,
the Company amended its secured promissory note with GFCM to, among other things: (i) extend the maturity dates for
$2,500,000
of the obligation to
April 
1,
 
2021,
$2,000,000
to
April 1, 
2023
and the balance to
April 
1,
 
2025,
(ii) adjust the interest rate beginning on
April 
1,
 
2019
and on each
April 1
thereafter, to reflect the greater of
8%
or
500
basis points above the
five
-year Treasury note average during the previous
90
-day period, (iii) allow for up to an
18
-month deferral of payment for up to
60%
of the interest due on the notes maturing in
April
of
2021
and
2023,
and (iv) provide for a
first
security interest in substantially all assets, including those in Mexico (see Note
13
).