v2.4.0.8

Consolidated Statements of Changes in Equity (USD $) | Total | Preferred Stock [Member] | Common Stock [Member] | Additional Paid-in Capital [Member] | Retained Earnings [Member] | Accumulated Other Comprehensive Income (Loss) [Member] | Noncontrolling Interest [Member]
--- | --- | --- | --- | --- | --- | --- | ---
BALANCE at Mar. 31, 2011 | $ 16,893,366 | $ 0 | $ 1,072,021 | $ 135,468,120 | $ (118,413,246) | $ (1,633,502) | $ 399,973
BALANCE (in shares) at Mar. 31, 2011 |  | 0 | 107,202,145 |  |  |  |
Net (loss) income | (4,960,125) |  |  |  | (5,232,325) |  | 272,200
Foreign currency translation adjustment | (168,154) |  |  |  |  | (168,154) |
Issuance of series A convertible preferred stock, net of issuance costs | 1,337,128 | 21,550 |  | 1,315,578 |  |  |
Issuance of series A convertible preferred stock, net of issuance costs (in shares) |  | 2,155 |  |  |  |  |
Issuance of series A convertible preferred stock, upon conversion of debt | 4,289,944 | 49,915 |  | 4,240,029 |  |  |
Issuance of series A convertible preferred stock, upon conversion of debt (in shares) |  | 4,992 |  |  |  |  |
Conversion of series A convertible preferred stock and accrued dividends | 0 | (2,500) | 8,499 | (5,723) | (276) |  |
Conversion of series A convertible preferred stock and accrued dividends (in shares) |  | (250) | 849,922 |  |  |  |
Accrued dividends- series A convertible preferred stock | 0 |  |  | 430,761 | (430,761) |  |
Stock-based compensation | 190,463 |  |  | 190,463 |  |  |
BALANCE at Mar. 31, 2012 | 17,582,622 | 68,965 | 1,080,520 | 141,639,228 | (124,076,608) | (1,801,656) | 672,173
BALANCE (in shares) at Mar. 31, 2012 |  | 6,897 | 108,052,067 |  |  |  |
Net (loss) income | (4,838,265) |  |  |  | (5,448,757) |  | 610,492
Foreign currency translation adjustment | (116,438) |  |  |  |  | (116,438) |
Conversion of series A convertible preferred stock and accrued dividends | 0 | (1,952) | 7,210 | (4,468) | (790) |  |
Conversion of series A convertible preferred stock and accrued dividends (in shares) |  | (196) | 720,967 |  |  |  |
Accrued dividends- series A convertible preferred stock | 0 |  |  | 744,468 | (744,468) |  |
Stock-based compensation | 282,314 |  |  | 282,314 |  |  |
BALANCE at Mar. 31, 2013 | $ 12,910,233 | $ 67,013 | $ 1,087,730 | $ 142,661,542 | $ (130,270,623) | $ (1,918,094) | $ 1,282,665
BALANCE (in shares) at Mar. 31, 2013 |  | 6,701 | 108,773,034 |  |  |  |

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