EARNINGS PER SHARE (EPS) (Tables)

3 Months Ended

Jun. 30, 2013

EARNINGS PER SHARE (EPS)

Schedule of reconciliation of the numerators and denominators reflected in the basic and diluted earnings per share computations

	Three months ended June 30,2013			Three months ended June 30,2012
Basic EPS
Net Loss	$	(1,423,905	)	$	(706,161	)
Weighted average shares	19,956,871			18,394,577
Basic Loss per share	$	(0.07	)	$	(0.04	)
Diluted EPS
Net Loss	$	(1,423,905	)	$	(706,161	)
Dilutive effect of convertible preferred stock, warrants and stock options	—			—
Diluted weighted average shares	19,956,871			18,394,577
Diluted Loss per share	$	(0.07	)	$	(0.04	)