Note 3 - Note Receivable

3 Months Ended

Mar. 31, 2016

Notes

Note 3 - Note Receivable

Note 3 – Note Receivable

In February 2016, the Company entered into a promissory note agreement to lend approximately $1,600,000 (HK$ 12,400,000) to a third party. The note matures in February 2017 and has an annual interest rate of 12%. For the three months ended March 31, 2016, the Company recorded interest income of approximately $16,000 (HK$124,000). As of March 31, 2016, the Company had interest receivable of approximately $16,000.