DERIVATIVE INSTRUMENTS (Tables)

9 Months Ended

Dec. 31, 2012

DERIVATIVE INSTRUMENTS AND THE FAIR VALUE OF FINANCIAL INSTRUMENTS [Abstract]

Fair Value Of Derivative Warrants

	Fair Value Measurement
	Using Level 3 Inputs
	Derivative
	warrants Assets
	(Liability)			Total
Balance, August 6, 2012	$	(411,805	)	$	(411,805	)
Total gains or losses (realized/unrealized) included in:
Net income (loss)		231,521			231,521
Other comprehensive income (loss)		-			-
Purchases, issuances and settlements		-			-
Transfers in and/or out of Level 3		-			-
Balance, August 6, 2012		(180,284	)		(180,284	)
Total gains or losses (realized/unrealized) included in:
Net income (loss)		73,723			73,723
Other comprehensive income (loss)		-			-
Purchases, issuances and settlements		-			-
Transfers in and/or out of Level 3		-			-
Balance, December 31, 2012	$	(106,561	)	$	(106,561	)

Warrant Activities

	2012 Warrant Activities									Apic		(Gain) Loss
										Reclassification
					Total		Fair Value of			Change in of		Fair Value of
	Derivative		Non-derivative		Warrant		Derivative			Derivative		Derivative
	Shares		Shares		Shares		Warrants			Liability		Liability
Derivative warrant at August 6, 2012		1,152,000		-		1,152,000		(411,805	)		-		-
Mark to market								231,521					(231,521	)
Derivative warrant at September 30, 2012		1,152,000		-		1,152,000		(180,284	)				(231,521	)
Mark to market								73,723					(73,723	)
Derivative warrant at December 31, 2012		1,152,000		-		1,152,000		(106,561	)				(305,244	)

Schedule of Warrant Activities

	Number of		Exercise		Weighted Average		Fair Value at		Aggregate
	Warrant		Price Range		Exercise		Rate of		Intrinsic
	Shares		Per Share		Price		Issuance		Value
Balance, March 31, 2012		-	$	-	$	-	$	-	$	-
Granted		1,152,000		0.6405		0.6405		411,805		-
Canceled		-		-		-		-		-
Exercised		-		-		-		-		-
Expired		-		-		-		-		-
Balance, December 31, 2012		1,152,000		0.6405		0.6405		411,805		-
Earned and exercisable, December 31, 2012		1,152,000		0.6405		0.6405		411,805		-
Unvested, December 31, 2012		-	$	-	$	-	$	-	$	-

Warrants Outstanding

		Warrants Outstanding						Warrants Exercisable
				Average						Average
				Remaining		Weighted				Remaining		Weighted
				Contractual		Average				Contractual		Average
Range of		Number		Life		Exercise		Number		Life		Exercise
Exercise Prices		Outstanding		(in years)		Price		Exercisable		(in years)		Price
$	0.6405		1,152,000		4.60	$	0.6405		1,152,000		4.60	$	0.6405
$	0.6405		1,152,000		4.60	$	0.6405		1,152,000		4.60	$	0.6405