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STOCK OPTIONS (TABLES)
12 Months Ended
Mar. 31, 2013
Stock Option [Abstract]  
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]
A summary of stock option activity during the years ended March 31, 2011, 2012 and 2013 is as follows:
        Weighted  Weighted 
     Weighted  average  average 
  Number of  average  fair value  remaining 
  stock  exercise  per stock  contractual 
  options  price  option  life (years) 
     $  $    
             
Outstanding as of April 1, 2010  197,500   3.32   1.67   2.75 
Granted  (10,000)  2.54   0.98     
Lapsed/cancelled  (64,500)  3.50   1.16     
                 
Outstanding as of March 31, 2011  123,000   3.29   1.04   1.44 
Exercised  (3,000)  1.65   0.95     
Lapsed/cancelled  (40,000)  3.42   1.00     
                 
Outstanding as of March 31, 2012  80,000   3.29   1.07   0.98 
Lapsed/cancelled  (55,000)  4.03   -     
                 
Outstanding as of March 31, 2013  25,000   1.65   0.95   1.61 
                 
Exercisable as of March 31, 2013  25,000   1.65   0.95   1.61