Note 15 - Subsequent Events
|9 Months Ended|
Sep. 30, 2020
|Notes to Financial Statements|
|Subsequent Events [Text Block]||
Since the quarter ended
September 30, 2020,the Company issued
8,000shares of common stock for warrants exercised at
$1.20for proceeds of
The Company engaged Gian Domenico Trombetta, former CEO of Wand Dental Inc. as a consultant to Leonard Osser, Interim – Chief Executive Officer of Milestone Scientific for a period of
October 1, 2020and ending
September 30, 2021).Gian Domenico Trombetta will provide historical International Business, Dental Segment information and business contacts to Mr. Osser and provide consulting services for new International Business and Dental Segment concepts during this
twelvemonth consulting period. Under this agreement, Mr. Trombetta is to receive
$60,000payable in Milestone Scientific shares.
The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business.
Reference 1: http://www.xbrl.org/2003/role/disclosureRef