XML 72 R30.htm IDEA: XBRL DOCUMENT v2.4.0.8
RELATED PARTY TRANSACTIONS (Tables)
6 Months Ended 12 Months Ended
Sep. 30, 2013
Mar. 31, 2013
RELATED PARTY TRANSACTIONS (Tables)    
Related parties with whom the Company had transactions

Related Parties
 
Relationship
     
George Blankenbaker
 
President and significant stockholder of the Company
     
Leverage Investments LLC
 
An entity owned and controlled by the president and significant stockholder of the Company
     
Technew Technology Limited
 
Non-controlling interest holder
     
Growers  Synergy Pte Ltd.
 
An entity owned and controlled by the president and significant stockholder of the Company
     
Guangzhou Health Technology Development Company Limited
 
An entity owned and controlled by Non-controlling interest holder
 

Related Parties
 
Relationship
     
George Blankenbaker
 
President and significant stockholder of the Company
     
Leverage Investments LLC
 
An entity owned and controlled by the president and significant stockholder of the Company
     
Technew Technology Limited
 
Non-controlling interest holder
     
Growers  Synergy Pte Ltd.
 
An entity owned and controlled by the president and significant stockholder of the Company
     
Guangzhou Health Technology Development Company Limited
 
An entity owned and controlled by Non-controlling interest holder

Consulting services

   
For the interim
period ended
September 30,
2013
   
For the interim
period ended
September 30,
2012
 
                 
Farm management services - related parties
 
$
120,000
   
$
60,000
 
             
   
$
120,000
   
$
60,000
 


   
For the Fiscal Year
Ended
March 31, 2013
   
For the Period from
April 11, 2011 (inception)
through
March 31, 2012
 
                 
Farm management services - related parties
 
$
240,000
   
$
180,000
 
             
   
$
240,000
   
$
180,000
 
Future minimum payments

Fiscal Year Ending March 31:
       
         
2014 (remainder of the fiscal year)
 
$
20,000
 
       
   
$
20,000
 


Fiscal Year Ending March 31:
       
         
2014
 
$
140,000
 
       
   
$
140,000