Quarterly report pursuant to Section 13 or 15(d)

CONCENTRATION OF CREDIT RISK

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CONCENTRATION OF CREDIT RISK
3 Months Ended
Mar. 31, 2017
Risks and Uncertainties [Abstract]  
CONCENTRATION OF CREDIT RISK

NOTE 11: CONCENTRATION OF CREDIT RISK

 

Financial instruments that potentially subject the Company to concentration of credit risk consist principally of cash deposits. Accounts at each institution are insured by the Federal Deposit Insurance Corporation (“FDIC”) up to $250,000. At March 31, 2017 and December 31, 2016, the Company had $917,011 and $2,777,962 in excess of the FDIC insured limit, respectively.