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Convertible Notes Payable (Tables)
6 Months Ended
Sep. 30, 2014
Convertible Notes [Abstract]  
Schedule of Long-term Debt Instruments
Convertible notes payable consist of the following:
 
 
 
September
30,
 
March
31,
 
 
 
2014
 
2014
 
 
 
 
 
 
 
 
 
9% Senior Subordinated Convertible Notes due February 15, 2016, net of debt discount of $99,973 (September 30, 2014) and $137,393 (March 31, 2014)
 
$
1,000,398
 
$
962,978
 
8% Senior Subordinated Convertible Note Payable to NNA due March 28, 2019, net of debt discount of $1,046,811
 
 
953,189
 
 
-
 
 
 
$
1,953,587
 
$
962,978
 
Schedule Of Debt Instruments Interest Expense
Interest expense associated with the convertible notes payable consisted of the following:
 
 
 
Three months ended
September 30,
 
Six months ended
September 30,
 
 
 
2014
 
2013
 
2014
 
2013
 
Interest expense
 
$
52,856
 
$
111,387
 
$
77,881
 
$
185,619
 
Amortization of loan fees and discount
 
 
60,884
 
 
29,025
 
 
97,322
 
 
80,766
 
 
 
$
113,740
 
$
140,411
 
$
175,203
 
$
266,384