OTHER CURRENT ASSETS (Tables)

3 Months Ended

Jun. 30, 2012

OTHER CURRENT ASSETS

Schedule of Other current assets

	June 30, 2012		March 31, 2012
Payments advanced to suppliers	$	871,201	$	77,000
Prepaid insurance	155,721		220,496
Collateral deposits (see Note 8)	1,052,500		1,052,500
Other	128,988		136,958
Total	$	2,208,410	$	1,486,954