CONCENTRATIONS AND CREDIT RISK

6 Months Ended

12 Months Ended

Sep. 30, 2013

Mar. 31, 2013

CONCENTRATIONS AND CREDIT RISK

CONCENTRATIONS AND CREDIT RISK

Note 13 - Concentrations and Credit Risk

Credit Risk

Financial instruments that potentially subject the Company to significant concentration of credit risk consist primarily of cash and cash equivalents.

As of September 30, 2013, substantially all of the Company's cash and cash equivalents were held by major financial institutions, and the balance at certain accounts exceeded the maximum amount insured by the Federal Deposits Insurance Corporation ("FDIC").  However, the Company has not experienced losses on these accounts and management believes that the Company is not exposed to significant risks on such accounts.

Customers and Credit Concentrations

One (1) customer accounted for all of the sales for the interim period ended September 30, 2013 and the accounts receivable at September 30, 2013.  A reduction in sales from or loss of such customer would have a material adverse effect on the Company's results of operations and financial condition.

Vendors and Accounts Payable Concentrations

Vendor purchase concentrations and accounts payable concentration are as follows:

	Accounts Payable at						Net Purchases
	September 30, 2013			March 31, 2013			September 30, 2013			March 31, 2013
Growers Synergy Pte. Ltd. - related party		45.0	%		50.1	%		5.4	%		26.4	%
Stevia Ventures Corporation		18.8	%		16. 9	%		31.1	%		55.7	%
SG Agro Tech Pte Ltd		-	%		-	%		53.8	%		-	%
		63.8	%		67.0	%		90.3	%		82.1	%

Note 15 - Concentrations and Credit Risk

Credit Risk

Financial instruments that potentially subject the Company to significant concentration of credit risk consist primarily of cash and cash equivalents.

As of March 31, 2013, substantially all of the Company's cash and cash equivalents were held by major financial institutions, and the balance at certain accounts exceeded the maximum amount insured by the Federal Deposits Insurance Corporation ("FDIC").  However, the Company has not experienced losses on these accounts and management believes that the Company is not exposed to significant risks on such accounts.

Customers and Credit Concentrations

One (1) customer accounted for all of the sales for the fiscal year ended March 31, 2013 and the accounts receivable balance at March 31, 2013.  A reduction in sales from or loss of such customer would have a material adverse effect on the Company's results of operations and financial condition.

Vendors and Accounts Payable Concentrations

Vendor purchase concentrations and accounts payable concentration are as follows:

	Accounts Payable at						Net Purchases
	March 31, 2013			March 31, 2012				March 31, 2013			March 31, 2012
Growers Synergy Pte. Ltd. - related party		50.1	%		16.4	%			26.4	%		13.5	%
Stevia Ventures Corporation		16. 9	%		54.1	%			55.7	%		14.4	%
		67.0	%		70.5	%			82.1	%		27.9	%