Restricted Cash |
3 Months Ended |
|---|---|
Jun. 30, 2017 | |
| Restricted Cash | |
| Restricted Cash |
NOTE 6 — RESTRICTED CASH
At June 30 and March 31, 2017, the Company had €310,310 or $354,042 (translated at the June 30, 2017 exchange rate) and €310,305 or $331,455 (translated at the March 31, 2017 exchange rate), respectively, of cash restricted from withdrawal and held by a bank in Ireland as collateral for overdraft coverage, creditors’ insurance, customs and excise guaranty and a revolving credit facility as described in Note 7A below. |