Note 8 - Line of Credit

9 Months Ended

Dec. 31, 2019

Notes to Financial Statements

Debt Disclosure [Text Block]

NOTE

8

 – LINE OF CREDIT

On

June 15, 2018,

the Company obtained an unsecured revolving line of credit, with a limit of

$400,000.

  The line expires

May 16, 2020

,

renewing automatically every year.  The Company is required to make monthly interest payments, at a rate of

5.62%

and

5.37%

as of

December 31, 2019

and

March 31, 2019,

respectively. Any unpaid principal will be due upon maturity.  At

December 31, 2019

and

March 31, 2019,

the outstanding balance was $-

0

- and

$169,885,

respectively.