v2.4.0.6

Prepaid expenses and other current assets

6 Months Ended

12 Months Ended

Sep. 30, 2012

Mar. 31, 2012

Prepaid expenses and other current assets [Abstract]

Prepaid expenses and other current assets

Note 6.

Prepaid expenses and other current assets

Components of prepaid expenses and other current assets consist of the following:

		September 30,			March 31,
		2012			2012
Prepaid production costs		$	353,527		$	93,100
Prepaid royalties			65,000			20,000
Prepaid license fees			33,866			37,549
Prepaid insurance			84,497			45,385
Prepaid investor relations fee			-			45,000
Prepaid media expenses			28,658			-
Prepaid expenses - other			37,892			21,129
		$	603,440		$	262,163

Note 6.

Prepaid expenses and other current assets

Components of prepaid expenses and other current assets consist of the following:

		March 31,
		2012			2011
Prepaid production costs		$	93,100		$	-
Prepaid shipping and freight			14,225			-
Prepaid license fees			37,549			-
Prepaid insurance			45,385			-
Prepaid investor relations fees			45,000			-
Prepaid expenses - other			26,904			28,065
Deposits			-			12,420
Project deposits			-			5,885
		$	262,163		$	46,370

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- Definition

The entire disclosure of claims held for amounts due a company. Examples include trade accounts receivables, notes receivables, loans receivables, and so forth.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.17)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

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