OTHER CURRENT ASSETS (Tables)

12 Months Ended

Mar. 31, 2015

OTHER CURRENT ASSETS

Schedule of 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