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INTANGIBLE ASSETS, NET
 9 Months Ended
Dec. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets Disclosure [Text Block]
5.
INTANGIBLE ASSETS, NET
 
As of December 31, 2018, and March 31, 2018, the intangible assets consisted of
customer
relationship, platform and software.
 
 
 
Useful life
 
December 31, 2018
 
 
March 31, 2018
 
 
 
 
 
(unaudited)
 
 
 
 
 
 
 
 
 
 
 
 
 
Customer relationship
 
10
 
$
383,159
 
 
$
419,573
 
Platform
 
7
 
 
4,103,195
 
 
 
4,493,151
 
Software
 
5-7
 
 
78,050
 
 
 
84,545
 
Intangible assets
 
 
 
 
4,564,404
 
 
 
4,997,269
 
Less: Accumulated amortization
 
 
 
 
(1,180,902
)
 
 
(1,043,871
)
     Impairment
 
 
 
 
(1,826,582
)
 
 
(2,000,175
)
Intangible assets, net
 
 
 
$
1,556,920
 
 
$
1,953,223
 
 
Amortization expense totaled $60,488 and $165,206 for the three months ended December 31, 2018 and 2017, respectively. Amortization expense totaled $233,576 and $488,210 for the nine months ended December 31, 2018 and 2017, respectively.
 
The following table sets forth the Company’s amortization expenses for the twelve months ending December 31 of the following years:
 
 
 
Amortization
expenses
 
 
 
 
 
Twelve months ending December 31, 2019
 
$
303,579
 
Twelve months ending December 31, 2020
 
 
303,579
 
Twelve months ending December 31, 2021
 
 
303,579
 
Twelve months ending December 31, 2022
 
 
303,579
 
Twelve months ending December 31, 2023 and thereafter
 
 
342,604
 
 
 
$
1,556,920