Note 4 - Term Deposit

9 Months Ended

Sep. 30, 2017

Notes to Financial Statements

Term Deposit [Text Block]

4. Term deposit

Term deposit as of

December 31, 2016

represented the amount of cash placed as a term deposit by

one

of the Company’s operating VIEs in a major financial institution in China, which management believes is of high credit quality. The term deposit matured on

July 7, 2017.

The interest rate of the term deposit was

2.25%

per annum.