Joint Venture

6 Months Ended

Sep. 30, 2012

Equity Method Investments and Joint Ventures [Abstract]

Equity Method Investments and Joint Ventures Disclosure [Text Block]

Joint Venture

The Company and its co-venturer, a Hong Kong corporation, each owns a 50% interest in a Hong Kong joint venture, Eyston Company Limited (the “Joint Venture”), that has manufacturing facilities in the People’s Republic of China, for the manufacturing of security products. The following represents summarized balance sheet and income statement information of the Joint Venture as of and for the six months ended September 30, 2012 and 2011:

	2012		2011
Net sales	$	10,571,417	$	11,418,433
Gross profit		2,296,928		2,726,225
Net income		196,721		792,317
Total current assets		12,924,828		14,625,933
Total assets		34,012,303		32,071,234
Total current liabilities		4,933,787		4,281,413

During the six months ended September 30, 2012 and 2011, respectively, the Company purchased $5,030,518 and $5,362,315 of products from the Joint Venture. For the six month periods ended September 30, 2012 and 2011, respectively, the Company has adjusted its earnings of the Joint Venture to reflect an increase of $225,271 and an increase of $146,673, respectively, to eliminate inter-Company profit in inventory