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Note 3 - Prepaid Expenses
6 Months Ended
Sep. 30, 2017
Notes  
Note 3 - Prepaid Expenses

NOTE 3 – PREPAID EXPENSES

 

The prepaid expenses consist of the payments that the Company has made in advance for the advertising services to be received in the future. On September 19, 2017, the Company signed an advertising contract with Shenzhen Henghe Media Co., Ltd.  In pursuant to the contract, in September 2017, the Company made approximately $450,000 (RMB 3 Million) advance payment to Shenzhen Henghe Media Co., Ltd for the advertising services to be received within the period from September 2017 to December 31, 2018.  The prepaid expenses are amortized over the service period and unamortized balance as of September 30, 2017 was $284,288.