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NOTE 2: SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

3 Months Ended

Jun. 30, 2012

Fair Value, Assets Measured on Recurring Basis [Table Text Block]

At June 30, 2012, Using

			Fair Value Measurements
			At June 30, 2012, Using
			Quoted Prices
			In Active		Other		Significant
			Markets for		Observable		Unobservable
	Fair Value		Identical Assets		Inputs		Inputs
Description	June 30, 2012		(Level 1)		(Level 2)		(Level 3)
Investments	$	125,421	$	25,421	$	-	$	100,000
Note Receivable (net of discount)		1,675,147		-		1,675,147		-
Total Assets Measured at Fair Value	$	1,800,568	$	25,421	$	1,675,147	$	100,000

- Definition

Tabular disclosure of assets, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, by class that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3).

+ References+ Details