PER SHARE INFORMATION (Tables)

12 Months Ended

Mar. 31, 2016

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]

Basic EPS is calculated as follows:

	Fiscal Year 2016		Fiscal Year 2015		Fiscal Year 2014
Numerator
Net Income (Loss) attributable to common shareholders	$	(9,968,727)	$	28,929,674	$	(96,575,271)
Denominator
Weighted average shares of common stock outstanding		673,905,485		591,214,959		463,021,991
Net Earnings (Loss) per Share – Basic	$	(0.01)	$	0.05	$	(0.21)
Potentially dilutive securities excluded from the calculation of diluted loss per share for Fiscal 2016 and 2014
Stock Options		581,020		n/a		174,359
Convertible Preferred Mezzanine Equity		142,857,143		n/a		148,917,143
Warrants		22,926,029		n/a		15,782,718

Diluted Earnings (Loss) per share (for Fiscal 2015) is calculated as follows:

	Fiscal Year 2015
Net Income attributable to common shareholders	$	28,929,674
Adjustments to Net Income
Reversal of Change in Value of Warrant Derivatives		(18,447,573)
Reversal of Change in Value of Convertible Preferred Share Mezzanine Equity		(25,602,370)
Net loss attributable to common shareholders on a diluted basis	$	(15,120,269)
Denominator
Weighted average shares of common stock outstanding		591,214,959
Dilutive effects of convertible preferred mezzanine equity and warrants
Convertible preferred mezzanine equity		142,857,143
Warrants		22,926,029
Stock Options		581,020
Weighted average shares outstanding - diluted		757,579,152
Fully Diluted Earnings (Loss) per Share	$	(0.02)