Credit Facility

On July 26, 2018, the Company entered into an amendment to our Revised Loan Agreement with our lender which provided, among other things, for the release of $1,000,000 of the $2,000,000 reduction in borrowing availability that our lender had previously imposed (see “Note 7 – Long Term Debt – Revolving Credit and Term Loan Agreement” for a discussion of the $2,000,000 in reduction in borrowing availability that our lender had previously imposed). The release of this borrowing availability reduction will allow the Company to use the $1,000,000 for working capital purposes. Most of the other terms of the Revised Loan Agreement remain principally unchanged.