XML 35 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
 12 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Revenues $ 4,199,551 $ 4,073,919
Cost of revenues (4,817,980) (3,914,655)
Selling, General and Administrative expenses (4,702,492) (7,283,089)
Depreciation (996,403) (785,066)
Impairment Loss – Goodwill   (5,792,849)
Impairment Loss - Investment (1,194,257) (2,184,599)
Operating income (loss) (7,511,581) (15,886,339)
Interest expense (984,021) (1,395,433)
Amortization of debt discount/Loss on extinguishment of debt   (191,804)
Interest Income 267,192 262,826
Other Income 481,485 301,182
Income before income taxes and minority interest attributable to non-controlling interest (7,746,925) (16,909,568)
Earnings in income from affiliates 28,463  
Income taxes benefit/ (expense) (172,828) (4,100,385)
Net income (7,891,290) (21,009,953)
Non-controlling interests in earnings of subsidiaries 139,365 769,046
Net income / (loss) attributable to common stockholders $ (7,751,925) $ (20,240,907)
Earnings per share attributable to common stockholders:    
Basic (in Dollars per share) $ (0.27) $ (1.34)
Diluted (in Dollars per share) $ (0.27) $ (1.34)
Weighted-average number of shares used in computing earnings per share amounts:    
Basic (in Shares) 29,089,358 15,108,920
Diluted (in Shares) 29,089,358 15,108,920