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Restatement of Previously Issued Financial Statements (Tables)
6 Months Ended
Sep. 30, 2014
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of Error Corrections and Prior Period Adjustments [Table Text Block]
The following is a summary of the financial statement line items affected by the restatement.
 
 
 
Three months ended September 30,
 
 
 
2014
As Previously
Stated
 
Adjustment
 
2014
(Restated)
 
Equity in (loss) earnings of Joint Venture
 
$
(77,850)
 
$
(158,052)
 
$
(235,902)
 
Net Loss
 
 
(954,212)
 
 
(158,052)
 
 
(1,112,264)
 
Comprehensive Loss
 
 
(975,390)
 
 
(158,052)
 
 
(1,133,442)
 
Investment in Hong Kong Joint Venture
 
 
14,080,131
 
 
(158,052)
 
 
13,922,079
 
Total assets
 
 
21,950,388
 
 
(158,052)
 
 
21,792,336
 
Retained earnings
 
 
6,738,055
 
 
(158,052)
 
 
6,580,003
 
Total shareholders’ equity
 
 
20,854,843
 
 
(158,052)
 
 
20,696,791
 
Total liabilities and shareholders’ equity
 
 
21,950,388
 
 
(158,052)
 
 
21,792,336
 
 
 
 
Six months ended September 30,
 
 
 
2014
As Previously
 Stated
 
Adjustment
 
2014
(Restated)
 
Equity in (loss) earnings of Joint Venture
 
$
(90,377)
 
$
(158,052)
 
$
(248,429)
 
Net Loss
 
 
(1,697,061)
 
 
(158,052)
 
 
(1,855,113)
 
Comprehensive Loss
 
 
(1,679,371)
 
 
(158,052)
 
 
(1,837,423)