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Note 5 - Lines of Credit
 9 Months Ended
Sep. 30, 2023
Notes to Financial Statements  
Debt Disclosure [Text Block]

NOTE 5 – LINES OF CREDIT

 

In connection with certain orders, we provide the customer with a working guarantee, prepayment guarantee, or a security bond. For that purpose, the Company has a credit line of EUR 850,000 (approximately $900,000) secured by a cash deposit, available for issuance of trade finance products. As of September 30, 2023, the Company had guaranties of $47,141 issued against the credit line.