v2.4.0.8

BASIC AND DILUTED NET LOSS PER COMMON SHARE (Tables)

3 Months Ended

Jun. 30, 2013

Accounting Policies [Abstract]

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table Text Block]

Potential common shares not included in calculating diluted net loss per share are as follows:

		Three months ended June 30,
		2013			2012
Stock options			10,040,765			7,945,765
Warrants to purchase common stock			11,874,087			11,974,087
Convertible preferred stock and accrued dividends			25,615,876			24,269,660
Total			47,530,728			44,189,512

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- Definition

Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 260

-SubTopic 10

-Section 50

-Paragraph 1

-Subparagraph (c)

-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

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