OTHER CURRENT ASSETS (Tables)

9 Months Ended

Dec. 31, 2012

OTHER CURRENT ASSETS

Schedule of other current assets

	December 31,  2012		March 31,  2012
Payments advanced to suppliers	$	371,186	$	77,000
Prepaid taxes, maintenance renewals	36,752		34,785
Prepaid insurance	195,815		220,496
Collateral deposits (see Note 8)	1,054,324		1,052,500
Other	53,935		102,173
Total	$	1,712,012	$	1,486,954