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NOTES PAYABLE (Details Textual)
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9 Months Ended | 9 Months Ended | 9 Months Ended | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|
Dec. 31, 2012
USD ($)
|
Mar. 31, 2012
USD ($)
|
Dec. 31, 2012
GCP Note [Member]
USD ($)
|
Mar. 31, 2012
GCP Note [Member]
USD ($)
|
Dec. 31, 2009
GCP Note [Member]
USD ($)
|
Dec. 31, 2012
Keltic Facility [Member]
USD ($)
|
Mar. 31, 2012
Keltic Facility [Member]
USD ($)
|
Aug. 31, 2011
Keltic Facility [Member]
USD ($)
|
Dec. 31, 2012
Irish Bank [Member]
USD ($)
|
Dec. 31, 2012
Irish Bank [Member]
EUR (€)
|
Mar. 31, 2012
Irish Bank [Member]
USD ($)
|
|
| Debt Instrument, Interest Rate At Period End | 5.00% | ||||||||||
| Debt Instrument, Maturity Date | Apr. 01, 2020 | ||||||||||
| Other Accrued Liabilities, Noncurrent | $ 7,934 | $ 10,579 | |||||||||
| Notes Payable, Noncurrent | 219,514 | 211,580 | 219,514 | 211,580 | 211,580 | ||||||
| Long-Term Debt, Gross | 211,580 | ||||||||||
| Line Of Credit Facility, Maximum Borrowing Capacity | 7,000,000 | 5,000,000 | 462,518 | 350,000 | |||||||
| Line Of Credit Facility, Expiration Date | Aug. 19, 2014 | ||||||||||
| Line Of Credit Facility, Interest Rate Description | The facility interest rate is the rate that, when annualized, is the greatest of (a) the Prime Rate plus 3.25%, (b) the LIBOR Rate plus 5.75%, and (c) 6.50%. | ||||||||||
| Line Of Credit Facility, Commitment Fee Amount | 40,000 | ||||||||||
| Long-Term Line Of Credit, Noncurrent | 6,139,826 | 3,849,831 | 6,139,826 | 3,849,831 | |||||||
| Line Of Credit Facility, Borrowing Capacity, Description | The borrowing base equals (a) up to 85% of the aggregate amount of the Borrower's "Eligible Receivables" (as defined in the Loan Agreement), plus (b) the least of (i) 50% of the "Value" (as defined in the Loan Agreement) of the Borrower's "Eligible Inventory" (as defined in the Loan Agreement), (ii) $3,000,000 and (iii) 60% of the Borrowing Capacity (as defined in the Loan Agreement) at such time, less (c) the aggregate amount of all Reserves (as defined in the Loan Agreement) in effect at such time. | ||||||||||
| Line Of Credit Facility, Covenant Compliance | The Loan Agreement includes negative covenants that, among other things, restrict the Borrower''s ability to create additional indebtedness, dispose of properties, incur liens, and make distributions or cash dividends. | ||||||||||
| Annual Facility Fee Receivable Description | Annual facility fee in an amount equal to 1% per annum of the maximum facility amount and a collateral management fee of $1,000 per month (increased to $2,000 after the occurrence of and during the continuance of an Event of Default). | ||||||||||
| Line Of Credit, Current | $ 91,662 | $ 0 | $ 91,662 | $ 0 | |||||||
| Line Of Credit Facility, Interest Rate During Period | 1.70% | 1.70% | |||||||||