v3.3.0.814

GOODWILL AND INTANGIBLE ASSETS (Tables) | 6 Months Ended
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Sep. 30, 2015
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Goodwill [Table Text Block] | Intangible assets consist of the following:
|  | September 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 |  |  | 7,041,990 |  |  | 6,713,774 |
Net |  |  | 3,259,178 |  |  | 3,570,255 |
Other identifiable intangible assets — indefinite lived* |  |  | 4,112,972 |  |  | 4,112,972 |
|  | $ | 7,372,150 |  | $ | 7,683,227 |
* Other identifiable intangible assets — indefinite lived consists of product formulations and the Company’s relationships with its distillers.
Accumulated Amortization [Table Text Block] | Accumulated amortization consists of the following:
|  | September 30, |  | March 31, |
|  | 2015 |  | 2015 |
Definite life brands |  | $ | 170,000 |  | $ | 170,000 |
Trademarks |  |  | 313,677 |  |  | 295,956 |
Rights |  |  | 5,789,137 |  |  | 5,513,162 |
Product development |  |  | 25,389 |  |  | 24,002 |
Patents |  |  | 743,787 |  |  | 710,654 |
Other |  |  | - |  |  | - |
Accumulated amortization |  | $ | 7,041,990 |  | $ | 6,713,774 |

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- Definition Tabular disclosure of the accumulated amortization expense for intangible assets. + References No definition available. + Details
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- Definition Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13816-109267 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13854-109267 + Details
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