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RESTRICTED CASH
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12 Months Ended | |
|---|---|---|
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Mar. 31, 2015
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| Restricted Cash Disclosure [Abstract] | ||
| Restricted Cash Disclosure [Text Block] | NOTE 7 — RESTRICTED CASH At March 31, 2015 and 2014, the Company had €303,657 or $329,471 (translated at the March 31, 2015 exchange rate) and €302,920 or $416,565 (translated at the March 31, 2014 exchange rate), 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 as described in Note 8A below. |