DEBT (Tables)

9 Months Ended

Dec. 31, 2014

DEBT

Schedule of outstanding debt obligations

NOTE 9 – DEBT	December 31, 2014		March 31, 2014
Utica Credit Loan Note due November 2018	$	3,688,889	$	--
Revere Term Loan and Notes due December 2015		2,250,000		--
MDFA Series A Bonds		--		3,559,375
MDFA Series B Bonds		--		599,634
Obligations under capital leases		40,779		48,833
Total debt	$	5,979,668	$	4,207,842
Less: Short-term debt	$	2,250,000	$	4,169,771
Less: Current portion of long-term debt	$	933,481	$	--
Total long-term debt, including capital lease	$	2,796,187	$	38,071