v2.4.1.9
RESTRICTED CASH
9 Months Ended
Dec. 31, 2014
Restricted Cash Disclosure [Abstract]  
Restricted Cash Disclosure [Text Block]
NOTE 6 —  RESTRICTED CASH
 
At December 31 and March 31, 2014, the Company had €303,544 or $368,951 (translated at the December 31, 2014 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 7A below.