Note 2 - Summary of significant accounting policies: Cash in attorney trust account (Policies)
|9 Months Ended|
Sep. 30, 2018
|Cash in attorney trust account||
Cash in attorney trust account
The Company had combined balances of $0 and $314,536 in two attorney trust accounts at September 30, 2018 and December 31, 2017, respectively. The balances could be withdrawn at the option of the Company and did not bear interest.
Entity's cash and cash equivalents accounting policy with respect to restricted balances. Restrictions may include legally restricted deposits held as compensating balances against short-term borrowing arrangements, contracts entered into with others, or company statements of intention with regard to particular deposits; however, time deposits and short-term certificates of deposit are not generally included in legally restricted deposits.
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef