RESTRICTED CASH |
3 Months Ended |
|---|---|
Mar. 31, 2019 | |
| Receivables [Abstract] | |
| RESTRICTED CASH |
NOTE 2 – RESTRICTED CASH
As of December 31, 2018, the Company’s cash balance included restricted cash of $1,002,683. In March 2019, the Company closed the credit facility securing the restriction on the restricted cash account, and as such, no cash balance was restricted as of March 31, 2019. The restricted cash served as a collateral to the line of credit (see Note 4) opened with a bank in March 2017. |
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- References No definition available.
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- Definition The entire disclosure for assets that are restricted in their use, generally by contractual agreements or regulatory requirements. This would include, but not limited to, a description of the restricted assets and the terms of the restriction. No definition available.
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