EARNINGS PER SHARE (EPS) (Tables)

12 Months Ended

Mar. 31, 2015

EARNINGS PER SHARE (EPS)

Schedule of reconciliation of the numerators and denominators reflected in the basic and diluted loss per share computations

	March 31, 2015			March 31,  2014
Basic EPS
Net Loss	$	(3,584,181	)	$	(7,095,391	)
Weighted average shares		24,120,402			20,766,914
Basic Loss per share	$	(0.15	)	$	(0.34	)
Diluted EPS
Net Loss	$	(3,584,181	)	$	(7,095,391	)
Dilutive effect of convertible preferred stock, warrants and stock options		--			--
Diluted weighted average shares		24,120,402			20,766,914
Diluted Loss per share	$	(0.15	)	$	(0.34	)