DEFERRED CHARGES

12 Months Ended

Mar. 31, 2012

DEFERRED CHARGES

DEFERRED CHARGES

NOTE 6 — OTHER NONCURRENT ASSETS

Other noncurrent assets included the following as of March 31:

	2012		2011
Collateral deposit (see Note 8)	$	171,252	$	—
Deferred loan costs, net of amortization	99,378		181,141
Total	$	270,630	$	181,141