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OTHER CURRENT ASSETS
12 Months Ended
Mar. 31, 2015
OTHER CURRENT ASSETS  
OTHER CURRENT ASSETS

NOTE 5 – OTHER CURRENT ASSETS

 

Other current assets included the following as of March 31: 

 

    2015

 

 

    2014

 

Payments advanced to suppliers

 

$

54,422 

 

 

$

196,534 

 

Prepaid insurance

 

 

205,477 

 

 

 

229,727 

 

Collateral deposits (see Note 8)

 

 

85,252 

 

 

 

--

 

Deferred loan costs, net of amortization

 

 

184,063 

 

 

 

--

 

Other

 

 

9,039 

 

 

 

34,984 

 

Total

 

 $

538,253 

 

 

$

461,245