CONCENTRATION OF CREDIT RISK

9 Months Ended

Dec. 31, 2020

CONCENTRATION OF CREDIT RISK

CONCENTRATION OF CREDIT RISK

NOTE 8 - CONCENTRATION OF CREDIT RISK

We maintain bank account balances, which, at times, may exceed insured limits. We have not experienced any losses with these accounts and believe that we are not exposed to any significant credit risk on cash.

At December 31, 2020, there were trade accounts receivable balances outstanding from five customers comprising 93% of the total trade receivables balance. The following table sets forth information as to trade accounts receivable from customers who accounted for more than 10% of the total balance at:

	December 31, 2020				March 31, 2020
Customer	Dollars		Percent		Dollars		Percent
A	$	356,228	30	%	$	*	*
B	$	243,938	21	%	$	*	*
C	$	193,750	17	%	$	*	*
D	$	*	*		$	365,636	37	%
E	$	167,152	14	%	$	254,637	26	%
F	$	*	*		$	123,000	12	%
G	$	123,909	11	%	$	*	*

*less than 10% of total