Convertible Notes Payable (Tables)

9 Months Ended

Dec. 31, 2014

Convertible Notes [Abstract]

Schedule of Long-term Debt Instruments

Convertible notes payable consist of the following: 

	December 31,		March 31,
	2014		2014
9% Senior Subordinated Convertible Notes due February 15, 2016, net of debt discount of $81,263 (December 31, 2014) and $137,393 (March 31, 2014)	$	1,019,106	$	962,978
8% Senior Subordinated Convertible Note Payable to NNA due March 28, 2019, net of debt discount of $1,016,799		983,201		-
	$	2,002,307	$	962,978

Schedule Of Debt Instruments Interest Expense

Interest expense associated with the convertible notes payable consisted of the following:

	Three months ended				Nine months ended
	December 31,				December 31,
	2014		2013		2014		2013
Interest expense	$	66,188	$	17,546	$	144,069	$	203,165
Amortization of loan fees and discount		67,532		84,210		164,854		164,976
	$	133,720	$	101,757	$	308,923	$	368,141