v3.10.0.1
Restricted Cash
6 Months Ended
Sep. 30, 2018
Restricted Cash  
Restricted Cash

NOTE 6 - RESTRICTED CASH

 

At September 30 and March 31, 2018, the Company had €310,334 or $360,025 (translated at the September 30, 2018 exchange rate) and €310,324 or $382,279 (translated at the March 31, 2018 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.