RESTRICTED CASH |
3 Months Ended |
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Mar. 31, 2017 | |
| Receivables [Abstract] | |
| RESTRICTED CASH |
NOTE 2 – RESTRICTED CASH
As of March 31, 2017, the Company’s cash balance of $17,750,733 included restricted cash of $1,000,049. The restricted cash serves as a collateral to the line of credit (see Note 5) 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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