Quarterly report pursuant to Section 13 or 15(d)

Subsequent Events

v3.20.1
Subsequent Events
3 Months Ended
Mar. 31, 2020
Subsequent Events  
Subsequent Events

12.  Subsequent Events

On April 27, 2020, the Company sold a note in default with a principal balance of $140,000 for $170,000 realizing  approximately $18,000 in interest income.  No gain or loss was recognized on the sale of the note.

On April 29, 2020, the Company received $247,845 gross loan proceeds from the Paycheck Protection Program.