v2.4.0.6

Consolidated Statements of Operations (USD $) | 12 Months Ended
--- | ---
Mar. 31, 2012 | Mar. 31, 2011
Revenue |  |
Total Revenue | $ 9,990,611 | $ 6,903,422
Operating expenses | (3,304,711) | (2,547,028)
Selling, general and administrative expenses | (3,617,813) | (3,483,476)
Gain (loss) on disposal of assets | (362,110) | 247,938
Operating income | 2,705,977 | 1,120,856
Net interest expense | (885,623) | (907,895)
Gain on bargain purchase of assets | 970,000 | 100,000
Gain on extinguishment of convertible debt loans | 1,399,940 |
Gain on change in fair market value of derivative liabilities | 801,995 | 503,141
Other income | 47,556 | 187,740
Net Income | 5,039,845 | 1,003,842
NET INCOME PER COMMON SHARE, |  |
BASIC (in Dollars per share) | $ 0.09 | $ 0.02
DILUTED (in Dollars per share) | $ 0.01 | $ 0.01
Weighted average number of shares outstanding: |  |
BASIC (in Shares) | 55,783,597 | 54,616,489
DILUTED (in Shares) | 65,724,878 | 65,817,436
Storage [Member] |  |
Revenue |  |
Lease Revenue | 7,483,073 | 5,611,784
Packaging Services [Member] |  |
Revenue |  |
Lease Revenue | 1,602,809 | 765,475
Excess Through-put Services [Member] |  |
Revenue |  |
Lease Revenue | 438,094 | 10,395
Other Services [Member] |  |
Revenue |  |
Lease Revenue | $ 466,635 | $ 515,768

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- Definition Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 128 -Paragraph 40 -Subparagraph a -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=7655603&loc=d3e1448-109256 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 128 -Paragraph 8 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Emerging Issues Task Force (EITF) -Number 07-4 -Paragraph 4 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 128 -Paragraph 171 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Glossary Weighted-Average Number of Common Shares Outstanding -URI http://asc.fasb.org/extlink&oid=6528421 + Details
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