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RESTRICTED CASH
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9 Months Ended |
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Dec. 31, 2012
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| Restricted Cash Disclosure [Abstract] | |
| Restricted Cash Disclosure [Text Block] | NOTE 7 — RESTRICTED CASH
The Company had €346,355 or $457,701 (translated at the December 31, 2012 exchange rate) and €348,556 or $468,275 (translated at the March 31, 2012 exchange rate) at December 31, 2012 and March 31, 2012, respectively, of cash restricted from withdrawal and held by a bank in Ireland as collateral for overdraft coverage, creditors’ insurance, customs and excise guaranty and a revolving credit facility. |