STOCK OPTION PLANS (Tables)

12 Months Ended

Mar. 31, 2016

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]

Transactions under the plans for the years indicated were as follows:

	Fiscal Year 2016				Fiscal Year 2015				Fiscal Year 2014
	Options		Weighted Average Exercise Price		Options		Weighted Average Exercise Price		Options		Weighted Average Exercise Price
Outstanding at beginning of year		7,642,167	$	0.48		5,435,667	$	0.54		3,939,000	$	1.18
Options Granted		360,000	$	0.38		2,590,000	$	0.31		3,000,000	$	0.07
Options Exercised		112,500	$	0.21		223,334	$	0.12		308,333	$	0.08
Options Expired/Forfeited		280,000	$	0.60		160,166	$	0.18		1,195,000	$	1.60
Outstanding at end of year		7,609,667	$	0.48		7,642,167	$	0.48		5,435,667	$	0.54

Schedule of Share-based Compensation, Shares Authorized under Stock Option Plans, by Exercise Price Range [Table Text Block]

The following table summarizes information about stock options outstanding at March 31, 2016:

Range	Options Outstanding		Weighted Average Remaining Contractual Life (Years)		Weighted Average Exercise Price		Options Exercisable		Weighted Average Exercise Price
$ 0.01 – 0.25		3,766,667		6.9	$	0.08		2,766,668	$	0.09
$ 0.26 – 0.50		2,650,000		8.5	$	0.32		783,333	$	1.08
$ 0.51 – 1.00		—		—		—		—
$ 1.01 – 2.00		96,000		1.8		1.08		96,000
$ 2.01 – 3.00		1,097,000		0.7	$	2.16		847,000	$	2.18
$ 0.01 – 3.00		7,609,667		6.5	$	0.48		4,493,001	$	0.54