Quarterly report pursuant to Section 13 or 15(d)

Intangible Asset, Net

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Intangible Asset, Net
9 Months Ended
Dec. 31, 2018
Intangible Asset, Net [Abstract]  
Intangible Asset, Net

NOTE 6 - Intangible Asset, Net

 

As of December 31, 2018 and March 31, 2018, the cost and accumulated amortization for intangible asset were as follows:

 

      December 31,
2018
    March 31,
2018
 
      (Unaudited)        
  Satellite system software   $ 4,950,000     $ 4,950,000  
  Accumulated amortization     (1,567,500 )     (1,196,250 )
  Net   $ 3,382,500     $ 3,753,750