v2.4.0.6
Consolidated Statements of Cash Flows (Unaudited) (USD $)
 9 Months Ended
Dec. 31, 2011
Dec. 31, 2010
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net Income $ 5,190,252 $ 54,700
Depreciation 478,478 406,699
Amortization of deferred financing fees & convertible loan discounts 196,546 321,707
Net loss on disposal of assets 362,110 164,534
Net gain on bargain purchase of assets (970,000) (100,000)
Net gain on extinguishment of convertible debt loans (1,399,940)  
Net gain on change in fair market value of derivative liabilities (1,803,245)  
Stock based compensation 374,411 609,381
Accounts receivable-trade (263,683) (175,284)
Accounts receivable-other 208,600 (156,163)
Prepaid expenses (2,117) 145,459
Inventory 15,438 (27,257)
Deferred revenue 5,000 (205,734)
Accounts payable and accruals (618,775) (562,116)
Net cash provided by (used in) operating activities 1,773,075 475,926
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchase of property, plant and equipment (704,146) (1,721,384)
Net cash provided by (used in) investing activities (2,304,146) (3,521,384)
CASH FLOWS FROM FINANCING ACTIVITES:    
Proceeds from bank loan 1,600,000 1,816,160
Payments on bank loan (880,398) (753,670)
Net cash provided by (used in) financing activities 719,602 1,062,490
NET CHANGE IN CASH FOR THE PERIOD 188,531 (1,982,968)
CASH AT BEGINNING OF PERIOD 51,386 2,020,527
CASH AT END OF PERIOD 239,917 37,559
SUPPLEMENTAL CASH FLOW DISCLOSURES    
Cash paid for interest 482,270 518,657
Construction in process included in accounts payable 220,595 869,871
Barge dock exchanged for accounts payable 115,000  
Debt discount related to derivative liabilities 4,516,240  
Brunswick, GA Terminal [Member]
    
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchase of Terminal   (1,800,000)
Salisbury, MD Terminal [Member]
    
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchase of Terminal $ (1,600,000)