DEBT (Tables)

12 Months Ended

Mar. 31, 2015

DEBT

Schedule of outstanding debt obligations

Long-term debt as of March 31:	2015		2014
Utica Credit Loan Note due November 2018	$	3,381,481	$	--
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		38,028		48,833
Total debt	$	5,669,509	$	4,207,842
Less: Short-term debt	$	2,250,000	$	--
Less: Current portion of long-term debt	$	933,651	$	4,169,771
Total long-term debt, including capital lease	$	2,485,858	$	38,071