OTHER CURRENT ASSETS (Tables)

12 Months Ended

Mar. 31, 2013

OTHER CURRENT ASSETS

Schedule of other current assets

	2013		2012
Other current assets included the following as of March 31:
Payments advanced to suppliers	$	267,513	$	145,637
Prepaid insurance	187,086		220,496
Collateral deposits (see Note 8)	1,032,348		1,052,500
Deferred loan costs, net of amortization	57,930		—
Other	33,607		68,321
Total	$	1,578,484	$	1,486,954