NON-CONTROLLING INTEREST

9 Months Ended

Dec. 31, 2012

NOTE 12 - NON-CONTROLLING INTEREST

Non-controlling interest consisted of the following:

	Contributed and
	additional					Other		Total
	paid-in		Earnings and			Comprehensive		non-controlling
	capital		losses			Income		interest
Balance at March 31, 2012	$	-	$	-		$	-	$	-
Current period earnings and losses		-		(97,338	)		-		(97,338	)

Balance at December 31, 2012	$	-	$	(97,338	)	$	-	$	(97,338	)

- Definition

The entire disclosure for noncontrolling interest in consolidated subsidiaries, which could include the name of the subsidiary, the ownership percentage held by the parent, the ownership percentage held by the noncontrolling owners, the amount of the noncontrolling interest, the location of this amount on the balance sheet (when not reported separately), an explanation of the increase or decrease in the amount of the noncontrolling interest, the noncontrolling interest share of the net Income or Loss of the subsidiary, the location of this amount on the income statement (when not reported separately), the nature of the noncontrolling interest such as background information and terms, the amount of the noncontrolling interest represented by preferred stock, a description of the preferred stock, and the dividend requirements of the preferred stock.

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