Note 25 - Subsequent Events
|3 Months Ended|
Mar. 31, 2019
|Note 25 - Subsequent Events||
Note 25 Subsequent events
On April 18, 2019, subsequent to quarter-end, the Company repurchased 288,890 shares of Mentor common shares from G Farma, at the closing market price of $0.45 per share, in exchange for a credit of $130,000 to be applied to G Farmas outstanding equipment finance lease and notes receivable outstanding balances, with any excess to be applied to G Farmas upcoming payments on the equipment finance lease and note receivable on a pro rata basis.
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://fasb.org/us-gaap/role/ref/legacyRef