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Consolidated Statements of Operations (Unaudited) (USD $)
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3 Months Ended | 9 Months Ended | ||
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Dec. 31, 2011
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Dec. 31, 2010
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Dec. 31, 2011
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Dec. 31, 2010
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| Revenue | ||||
| Total Revenue | $ 2,522,776 | $ 1,930,497 | $ 7,135,635 | $ 5,006,646 |
| Cost of revenue | ||||
| Labor | (271,219) | (216,010) | (752,555) | (540,839) |
| General materials | (375,540) | (362,059) | (994,864) | (639,061) |
| Subcontractors | (17,078) | (79,133) | (39,749) | (105,231) |
| Depreciation | (156,093) | (142,000) | (441,153) | (372,181) |
| Other costs of revenue | (43,198) | 12,313 | (149,659) | (59,470) |
| Total cost of revenue | (863,128) | (786,889) | (2,377,980) | (1,716,782) |
| GROSS PROFIT | 1,659,648 | 1,143,608 | 4,757,655 | 3,289,864 |
| OTHER OPERATING EXPENSES: | ||||
| Selling, general and administrative | 1,015,675 | 776,797 | 2,691,009 | 2,618,844 |
| Loss on disposal of assets | 4,556 | 362,110 | 178,532 | |
| Depreciation | 12,687 | 12,400 | 37,325 | 34,518 |
| Total other operating expenses | 1,028,362 | 793,753 | 3,090,444 | 2,831,894 |
| Income from operations | 631,286 | 349,855 | 1,667,211 | 457,970 |
| Net interest expense | (195,677) | (262,982) | (650,144) | (643,076) |
| Gain on bargain purchase of assets | 970,000 | 970,000 | 100,000 | |
| Other income | 139,806 | 139,806 | ||
| Gain on extinguishment of convertible debt loans | 1,399,940 | |||
| Gain on change in fair market value of derivative liabilities | 867,705 | 1,803,245 | ||
| Net Income | 2,273,314 | 226,679 | 5,190,252 | 54,700 |
| NET INCOME (LOSS) PER COMMON SHARE, | ||||
| BASIC (in Dollars per share) | $ 0.04 | $ 0.00 | $ 0.09 | $ 0.00 |
| DILUTED (in Dollars per share) | $ (0.05) | $ 0.00 | $ (0.02) | $ 0.00 |
| Weighted average number of shares outstanding: | ||||
| BASIC (in Shares) | 55,868,366 | 54,753,287 | 55,551,397 | 54,559,830 |
| DILUTED (in Shares) | 65,776,314 | 66,211,790 | 65,498,476 | 65,646,763 |
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Storage [Member]
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| Revenue | ||||
| Lease Revenue | 1,932,521 | 1,442,760 | 5,371,500 | 4,173,624 |
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Packaging Services [Member]
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| Revenue | ||||
| Lease Revenue | 493,995 | 192,273 | 1,260,765 | 411,683 |
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Excess Through-put Services [Member]
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| Revenue | ||||
| Lease Revenue | 2,588 | 2,550 | 247,314 | 7,930 |
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Other Services [Member]
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| Revenue | ||||
| Lease Revenue | $ 93,672 | $ 292,914 | $ 256,056 | $ 413,409 |
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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 aggregate costs of keeping the property in good condition but that do not appreciably prolong the life or increase the value of the property. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
Total costs related to services rendered by an entity during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The expense recognized in the current period that allocates the cost of a tangible asset used in providing revenue generating services over the asset's useful life. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Cost of materials used in services rendered by an entity during the reporting period. 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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- 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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- 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
Amount represents the difference between the fair value of the payments made and the carrying amount of the debt at the time of its extinguishment. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Aggregate revenue less cost of goods and services sold or operating expenses directly attributable to the revenue generation activity. 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 aggregate amount of expenditures for salaries, wages, profit sharing and incentive compensation, and other employee benefits, including equity-based compensation, and pension and other postretirement benefit expense. 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. Excludes 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
Other costs incurred and are directly related to services rendered by an entity during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The other noncash expense, not otherwise specified in the taxonomy, charged against earnings in the period to allocate the cost of tangible and intangible assets over their remaining economic lives. 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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- 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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