EQUIPMENT, NET

12 Months Ended

Mar. 31, 2013

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment Disclosure [Text Block]

NOTE 6 — EQUIPMENT, NET

Equipment consists of the following:

	March 31,
	2013		2012
Equipment and software	$	2,026,028	$	1,964,123
Furniture and fixtures		10,325		10,325

		2,036,353		1,974,448
Less: accumulated depreciation		1,519,712		1,353,608

Balance	$	516,641	$	620,840

Depreciation expense for the years ended March 31, 2013 and 2012 totaled $187,539 and $180,183, respectively.

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

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