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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
6 Months Ended
Sep. 30, 2012
Sep. 30, 2011
OPERATING ACTIVITIES    
Net loss $ (580,791) $ (309,360)
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 23,762 21,201
Stock based compensation 44,467 0
Loss (earnings) of the Joint Venture 126,911 (241,674)
Changes in operating assets and liabilities:    
Decrease (increase) in accounts receivable and amounts due from factor 47,693 (397,083)
Increase in inventories and prepaid expenses (992,668) (1,427,267)
Decrease in accounts payable and accrued expenses (375,236) (38,248)
Increase in deferred taxes and other assets (137,784) (34,151)
NET CASH USED IN OPERATING ACTIVITIES (1,843,646) (2,426,582)
INVESTING ACTIVITIES:    
Purchase of property and equipment (8,704) 0
Dividends received from Joint Venture 57,539 387,448
NET CASH PROVIDED BY INVESTING ACTIVITIES 48,835 387,448
FINANCING ACTIVITIES    
Repurchase of common stock (121,070) 0
NET CASH USED IN FINANCING ACTIVITIES (121,070) 0
NET DECREASE IN CASH (1,915,881) (2,039,134)
Cash at beginning of period 3,186,274 6,728,593
CASH AT END OF PERIOD $ 1,270,393 $ 4,689,459