Commitments and Contingencies

12 Months Ended

Mar. 31, 2014

Commitments and Contingencies

3.   COMMITMENTS AND CONTINGENCIES

The Company is obligated under noncancelable operating leases for its Longview, Texas and Humble, Texas office buildings, which expire April 30, 2018 and December 31, 2016, respectively. The following is a schedule of future minimum annual rental payments for the next five years required under these operating leases as of March 31, 2014:

2015	$	70,562
2016		70,562
2017		61,106
2018		32,736
2019		2,728
Total	$	237,694