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CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) (USD $)
 9 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Cash flows from operating activities:    
Net income (loss) $ (207,685) $ (3,583,115)
Adjustment to reconcile net income (loss) to net cash:    
Non-cash compensation expense 0 235,267
Deferred taxes   0
Depreciation 463,503 169,225
Non-cash financial expense (including amortization of debt discount) 0 491,147
Share in profits of joint venture 0 (28,463)
Unrealized exchange losses/(gains) 313,200 818,876
Changes in:    
Accounts receivable 856,461 748,522
Inventories (102,548) 54,309
Prepaid expenses and other assets 140,333 (523,045)
Trade payables 46,106 (112,787)
Other current liabilities 5,849 12,909
Other non – current liabilities 8,269 (369,679)
Non-current assets (50,036) 415,324
Accrued Expenses (192,546) 472,892
Inter Company balance (21,291)  
Net cash provided by/(used) in operating activities 1,259,615 (1,198,618)
Cash flow from investing activities:    
Proceeds from short term investment 359,338  
Purchase of property and equipment 0 (2,853)
Proceeds from sale of property and equipment 4,202  
Deposit towards acquisitions, net of cash acquired   2,678,119
Restricted cash 9,456 1,554,272
Net cash provided by/(used) in investing activities 372,996 4,229,538
Cash flows from financing activities:    
Net movement in other short-term borrowings (197,399) 8,201
Proceeds from loans 192,049  
Net cash provided by/(used) in financing activities (5,350) 8,201
Effects of exchange rate changes on cash and cash equivalents (81,883) (177,433)
Net increase/(decrease) in cash and cash equivalents 1,545,378 2,861,688
Cash and cash equivalent at the beginning of the period 562,948 1,583,284
Cash and cash equivalent at the end of the period 2,108,326 4,444,972
Supplementary information:    
Cash paid for interest      
Cash paid for taxes