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GOODWILL AND INTANGIBLE ASSETS (Tables)
3 Months Ended
Jun. 30, 2015
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Finite-Lived Intangible Assets [Table Text Block]
Intangible assets consist of the following:
 
 
 
June 30,
 
March 31,
 
 
 
2015
 
2015
 
Definite life brands
 
$
170,000
 
$
170,000
 
Trademarks
 
 
631,693
 
 
631,693
 
Rights
 
 
8,271,555
 
 
8,271,555
 
Product development
 
 
178,460
 
 
161,321
 
Patents
 
 
994,000
 
 
994,000
 
Other
 
 
55,460
 
 
55,460
 
 
 
 
 
 
 
 
 
 
 
 
10,301,168
 
 
10,284,029
 
Less: accumulated amortization
 
 
6,877,800
 
 
6,713,774
 
 
 
 
 
 
 
 
 
Net
 
 
3,423,368
 
 
3,570,255
 
Other identifiable intangible assets — indefinite lived*
 
 
4,112,972
 
 
4,112,972
 
 
 
 
 
 
 
 
 
 
 
$
7,536,340
 
$
7,683,227
 
Accumulated Amortization [Table Text Block]
Accumulated amortization consists of the following:
 
 
 
June 30,
 
March 31,
 
 
 
2015
 
2015
 
Definite life brands
 
$
170,000
 
$
170,000
 
Trademarks
 
 
304,817
 
 
295,956
 
Rights
 
 
5,651,148
 
 
5,513,162
 
Product development
 
 
24,615
 
 
24,002
 
Patents
 
 
727,220
 
 
710,654
 
Other
 
 
-
 
 
-
 
 
 
 
 
 
 
 
 
Accumulated amortization
 
$
6,877,800
 
$
6,713,774