8. CONCENTRATION OF CREDIT RISK
|6 Months Ended|
Sep. 30, 2016
|Risks and Uncertainties [Abstract]|
|8. CONCENTRATION OF CREDIT RISK||
The Company maintains cash balances at one financial institution. Accounts at this institution are insured by the Federal Deposit Insurance Corporation (FDIC) up to $250,000. As of September 30, 2016 and March 31, 2016, the Company’s cash balance did not exceed FDIC coverage.
The entire disclosure for any concentrations existing at the date of the financial statements that make an entity vulnerable to a reasonably possible, near-term, severe impact. This disclosure informs financial statement users about the general nature of the risk associated with the concentration, and may indicate the percentage of concentration risk as of the balance sheet date.
Reference 1: http://www.xbrl.org/2003/role/presentationRef