v2.4.0.6
Note 4. Bank Loans and Convertible Debt. (Tables)
 3 Months Ended
Jun. 30, 2012
Schedule of Maturities of Long-term Debt [Table Text Block]
Years ending June 30,
     
2013
 
$
1,903,189
 
2014
   
6,520,897
 
2015
   
886,025
 
2016
   
320,000
 
2017
   
320,000
 
Thereafter
   
0
 
   
$
9,950,111
 
Schedule of Long-term Debt Instruments [Table Text Block]
   
As of June 30, 2012
 
   
Consolidated
Balance
Sheet
   
JPM
CHASE
Bank Loans
   
2009
CD Loans
   
2010
CD Loans
 
Related party long-term convertible debt loans *1
  $ 675,000     $ -     $ 430,000     $ 245,000  
Long-term convertible debt loans *2
  $ 4,076,033     $ -     $ 2,571,033     $ 1,505,000  
Current portion of long-term bank loans
  $ 1,903,189     $ 1,903,189     $ -     $ -  
Long-term bank loans
  $ 3,295,889     $ 3,295,889     $ -     $ -  
    $ 9,950,111     $ 5,199,078     $ 3,001,033     $ 1,750,000  
   
As of March 31, 2012
 
   
Consolidated
Balance
Sheet
   
JPM
CHASE
Bank Loans
   
2009
CD Loans
   
2010
CD Loans
 
Related party long-term convertible debt loans *3
  $ 675,000     $ -     $ 430,000     $ 245,000  
Long-term convertible debt loans *4
  $ 4,076,033     $ -     $ 2,571,033     $ 1,505,000  
Current portion of long-term bank loans
  $ 1,551,864     $ 1,551,864     $ -     $ -  
Long-term bank loans
  $ 3,390,868     $ 3,390,868     $ -     $ -  
    $ 9,693,765     $ 4,942,732     $ 3,001,033     $ 1,750,000