Note 3 - Cash and Cash Equivalents

12 Months Ended

Dec. 31, 2018

Statement Line Items [Line Items]

Disclosure of cash and cash equivalents [text block]

3. CASH AND CASH EQUIVALENTS

The Company’s cash and cash equivalents include cash on hand, bank deposits and term deposits with original maturities of

three

months or less, as follows:

		Interest Rate			December 31, 2018		December 31, 2017
Cash at bank and on hand	0	-	2.53%	$	55,180	$	30,395
Term deposit (less than 90 days)	2.54	-	2.69%		75,000		130,000
Cash and cash equivalents				$	130,180	$	160,395

Term deposits classified as ‘cash equivalents’ are comprised of bank term deposits with a term to maturity of less than

three

months from date of acquisition and interest only payable if held to maturity.