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EARNINGS PER SHARE (EPS) (Tables) | 12 Months Ended
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Mar. 31, 2014
EARNINGS PER SHARE (EPS) |
Schedule of reconciliation of the numerators and denominators reflected in the basic and diluted earnings per share computations |
|  | March 31, 2014 |  | March 31, 2013 |
Basic EPS |  |  |  |  |
Net Loss |  | $ | (7,095,391 | ) | $ | (2,411,937 | )
Weighted average shares |  | 20,766,914 |  | 19,004,897 |
Basic Loss per share |  | $ | (0.34 | ) | $ | (0.13 | )
Diluted EPS |  |  |  |  |
Net Loss |  | $ | (7,095,391 | ) | $ | (2,411,937 | )
Dilutive effect of convertible preferred stock, warrants and stock options |  | — |  | — |
Diluted weighted average shares |  | 20,766,914 |  | 19,004,897 |
Diluted Loss per share |  | $ | (0.34 | ) | $ | (0.13 | )

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
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