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NOTE 19 - SEGMENT INFORMATION
 12 Months Ended
Mar. 31, 2013
Segment Reporting [Abstract]  
Segment Reporting Disclosure [Text Block]
NOTE 19 – SEGMENT INFORMATION

Accounting pronouncements establish standards for the manner in which public companies report information about operating segments in annual and interim financial statements. Operating segments are component of an enterprise that have distinct financial information available and evaluated regularly by the chief operating decision-maker ("CODM") to decide how to allocate resources and evaluate performance. The Company's CODM is considered to be the Company's chief executive officer ("CEO"). The CEO reviews financial information presented on an entity level basis for purposes of making operating decisions and assessing financial performance. Therefore, the Company has determined that it operates in a single operating and reportable segment.

The following provides information required by ASC 280-10-50-38 Entity-Wide Information:

1)  
The table below shows revenue reported by product and service:

Product and Service
 
Revenue
   
% of Total Revenue
 
Trading
  $ 7,192,503       90 %
Construction
    837,513       10 %
Total
  $ 8,030,016       100 %

2(a) The table below shows the revenue attributed to the country of domicile (USA) and foreign countries.  Revenue is attributed to an individual country if the invoice made to the customer originates in that country.  The basis for originating an invoice is the underlining agreement.

Geographic Area
 
Revenue
   
%
 
USA (Country of domicile)
  $ 524,220       7 %
Foreign Countries (China -including Inner Mongolia- and India)
  $ 7,505,796       93 %
Total
  $ 8,030,016       100 %

2(b) The table below shows the long-term assets other than financial instruments held in the country of domicile and foreign countries.

   
USA
(country of domicile)
   
Foreign Countries
(China and India)
   
Total
 
Intangible Assets
  $ 0     $ 592,274     $ 592,274  
Property, plant and equipment, net
    0       8,184,230       8,184,230  
Investments in affiliates
    0       5,109,057       5,109,057  
Investments-others
    0       83,489       83,489  
Deferred Acquisition Costs
    207,338       0       207,338  
Deferred Tax Assets
    0       341,455       341,455  
Other non-current assets
    0       466,105       466,105  
Total long-term assets
  $ 207,338     $ 14,776,610     $ 14,983,948  

3) For the FYE 2013 we had three customers that each accounted for over 10% of our total revenue. All three customers were involved in the iron ore trading and all these customers operate in China.