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Consolidated Statements of Operations (USD $)
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12 Months Ended | |
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Mar. 31, 2012
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Mar. 31, 2011
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| 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 |
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Storage [Member]
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| Revenue | ||
| Lease Revenue | 7,483,073 | 5,611,784 |
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Packaging Services [Member]
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| Revenue | ||
| Lease Revenue | 1,602,809 | 765,475 |
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Excess Through-put Services [Member]
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| Revenue | ||
| Lease Revenue | 438,094 | 10,395 |
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Other Services [Member]
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| Revenue | ||
| Lease Revenue | $ 466,635 | $ 515,768 |
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- Details
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- Details
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- Definition
In a business combination in which the amount of net identifiable assets acquired and liabilities assumed exceeds the aggregate consideration transferred or to be transferred (as defined), this element represents the amount of gain recognized by the entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The gains (losses) included in earnings resulting from the sale or disposal of tangible assets. This item does not include any gain (loss) recognized on the sale of oil and gas property or timber property. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Difference between the fair value of payments made and the carrying amount of debt which is extinguished prior to maturity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The cost of borrowed funds accounted for as interest that was charged against earnings during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Includes selling, general and administrative expense. No definition available.
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- Definition
The net result for the period of deducting operating expenses from operating revenues. No definition available.
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- Definition
The total amount of revenue recognized for the period from operating leases, including minimum lease revenue, contingent revenue, percentage revenue and sublease revenue. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Reflects the sum of all other revenue and income recognized by the entity in the period not otherwise specified in the income statement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Other generally recurring costs associated with normal operations excluding those directly related to the marketing or selling of products and services not otherwise defined. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Aggregate revenue recognized during the period (derived from goods sold, services rendered, insurance premiums, or other activities that constitute an entity's earning process). For financial services companies, also includes investment and interest income, and sales and trading gains. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The net change in the difference between the fair value and the carrying value, or in the comparative fair values, of derivative instruments, including options, swaps, futures, and forward contracts, held at each balance sheet date, that was included in earnings for the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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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. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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