OTHER CURRENT ASSETS (Tables)

9 Months Ended

Dec. 31, 2013

OTHER CURRENT ASSETS

Schedule of other current assets

	December 31, 2013		March 31, 2013
Payments advanced to suppliers	$	454,682	$	267,513
Prepaid insurance	264,665		187,086
Collateral deposits (see Note 8)	875,061		1,032,348
Deferred loan costs, net of amortization	17,830		57,930
Other	62,792		33,607
Total	$	1,675,030	$	1,578,484