DOCUMENTS INCORPORATED BY REFERENCE None & & & & & MILESTONE SCIENTIFIC INC. Selected Financial Data 27 & & & & Item& 7. Principal Accounting Fees and Services 46 PART& IV & & & & & & Item& 15. In June 2017, the FDA approved the CompuFlo System for epidural injections. The Quicksleeper was invented in France by Dr. Alain Villette in 1991. This device is manufactured in Europe and began marketing in the USA in 2018. QSR compliance requires testing, quality control and documentation procedures. The export of devices is also subject to regulation in certain instances. & As of May 2014, the& Wand/STA& System was approved for sale in China. Uncertainties may arise with changing governmental policies and measures. Milestone Scientific is effectively controlled by a limited number of stockholders. & The combined price of the shares and warrants was $0.95 per share. As a result, an investor might find it more difficult to dispose of our common stock.& We believe that we have approximately 5,411 beneficial owners of our common stock. & A VIE is consolidated by its primary beneficiary. Most of credit sales are due within ninety days from invoicing. & This& increase of approximately $1.2& million& is categorized in several areas. 34 & & In the second quarter of 2020 the Company completed two capital raises. Member of the Compensation Committee 3. Ms. Bernhard holds a BS Degree in Education from St. John's University. Mr. Trombetta disclaims beneficial ownership of all securities held by BP4. & No other equity compensation has been issued.& & The options expired in 2019. & & A., a significant stockholder of Milestone Scientific, to provide consulting services. This agreement was terminated September 30, 2020.& & CompuDent® is suitable for all dental procedures that require local anesthetic. The Company relies on historical return rates to estimate returns. No interest and penalties are present for periods open. See Note I, Outstanding Equity Instruments in Excess of Authorized Shares. & Milestone Scientific& halted& shipments to Milestone China. & The warrants' term is 5& years, and they are exercisable at $0.50 per share. & The warrants are exercisable& at $2.60 and expire three (3) years from the issue date. & 333-231178, and Registration Statements on Form S-8 File No. I have reviewed this annual report on Form 10-K of Milestone Scientific Inc.; & & 2. 1350, as adopted pursuant to ss.
