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Note 6 - Legal Proceedings
 9 Months Ended
Sep. 30, 2020
Notes to Financial Statements  
Legal Matters and Contingencies [Text Block]
Note
6
- Legal Proceedings
 
The Company
may
be party to certain lawsuits or claims arising in the normal course of business. The ultimate outcome of these matters is unknown but, in the opinion of management, we do
not
believe any of these proceedings will have, individually or in the aggregate, a material adverse effect upon our financial condition, cash flows or future results of operation.
 
During
2019
and
2020,
claims have been filed against us claiming failure to pay contractually obligated amounts. Approximately
$760,000
in aggregate claims are outstanding as of
September 30, 2020.
These claims are being disputed, the ultimate outcome of which is unknown.
 
FedEx Trade Networks Transport sought
$163,965
 in damages, plus interest and court costs. On
October 15, 2020,
the case was dismissed with leave to reinstate pursuant to settlement. The settlement calls for the payment of
$100,400
 in monthly installments of
$10,000
per month for a period of
ten
(
10
) months and with the last payment being in the amount of
$10,400.
The
first
payment came due and was made on
October 30, 2020.