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CONCENTRATIONS
12 Months Ended
Mar. 31, 2013
Risks and Uncertainties [Abstract]  
Concentration Risk Disclosure [Text Block]
NOTE 16 — CONCENTRATIONS
 
 
A.
Credit Risk — The Company maintains its cash and cash equivalents balances at various large financial institutions that, at times, may exceed federally and internationally insured limits. The Company exceeded the limits in effect by approximately $300,000 at March 31, 2013, and did not exceed the limits in effect as of March 31, 2012.
 
 
B.
Customers — Sales to four customers accounted for approximately 45.1% of the Company’s revenues for the year ended March 31, 2013 (of which one customer accounted for 30.2%) and approximately 41.7% of accounts receivable at March 31, 2013. Sales to four customers accounted for approximately 46.2% of the Company’s revenues for the year ended March 31, 2012 (of which one customer accounted for 30.2%) and approximately 40.9% of accounts receivable at March 31, 2012.