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DESCRIPTION OF BUSINESS AND BASIS OF PRESENTATION (Tables)
6 Months Ended
Sep. 30, 2016
Schedule of Revision on Condensed Consolidated Statements of Operations and Comprehensive Loss [Table Text Block]
    Three Months Ended September 30, 2015     Six Months Ended September 30, 2015  
    As Previously           As     As Previously           As  
    Reported     Adjustment     Revised     Reported     Adjustment     Revised  
Research and development $ 1,531   $   -   $ 1,531   $ 1,372,457   $ 149,898   $ 1,522,355  
Loss from operations $ (725,672 ) $   -   $ (725,672 ) $ (3,561,447 ) $ (149,898 ) $ (3,711,345 )
Net income (loss) $ 1,785,412   $   -   $ 1,785,412   $ (619,057 ) $ (149,898 ) $ (768,955 )
Net income (loss) per share                                    
     Basic and diluted $ 0.03   $   -   $ 0.03   $ (0.01 ) $   -   $ (0.01 )
Total comprehensive income (loss) $ 1,217,893   $   -   $ 1,217,893   $ (1,145,950 ) $ (149,898 ) $ (1,295,848 )