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Loan Payable	9 Months Ended
Dec. 31, 2019
Notes to Financial Statements
Loan Payable	Note 15 – Loan Payable On August 2, 2019 and December 11, 2019, the Company borrowed $717,570 and $6,458,130 from Haihui Commercial , respectively. After deducting processing fee and deposits which are refundable at the end of loan period, the Company received $617,084 and $5,876,885 respectively. The Company is required to pledge accounts receivable of three drugstores to Haihui Commercial. As of December 31, 2019, the remaining loan balance is $7,076,038. The Company is scheduled to make monthly repayments, among which $2,302,924 is due within a year. The Company has an option to pay off the debts earlier than the repayment schedule upon approval from Haihui Commercial.

Loan Payable

9 Months Ended

Dec. 31, 2019

Note 15 – Loan Payable

On August 2, 2019 and December 11, 2019, the Company borrowed $717,570 and $6,458,130 from Haihui Commercial , respectively. After deducting processing fee and deposits which are refundable at the end of loan period, the Company received $617,084 and $5,876,885 respectively. The Company is required to pledge accounts receivable of three drugstores to Haihui Commercial. As of December 31, 2019, the remaining loan balance is $7,076,038. The Company is scheduled to make monthly repayments, among which $2,302,924 is due within a year. The Company has an option to pay off the debts earlier than the repayment schedule upon approval from Haihui Commercial.