2011 EQUITY INCENTIVE PLAN (Tables)

9 Months Ended

Dec. 29, 2017

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Schedule of Options Awarded to Officers and Directors

The table below summarizes the option awards for the named executive officers and non-management directors:

Name	Stock Option Grants*
Michael Offerman**	75,000
David Offerman**	50,000
Robert Knoth	50,000
Allen Gottlieb	5,000
Gerald Chafetz	5,000
Sonia Marciano	5,000***
Eric Hugel	5,000***

*As of the date hereof, none of the options has been exercised.

**On March 24, 2017, Michael Offerman, our President and Chief Executive Officer, died suddenly. On March 26, 2017, the Board of Directors elected David Offerman to the positions of Chairman of the Board, President and Chief Executive Officer of the Company.

***Options for 3,000 shares were vested, options for 2,000 shares have not yet vested.

Schedule of Option Activity

The following table shows the option activity for the fiscal year ended March 31, 2017 and the current nine months ended December 29, 2017.

		Shares		Weighted Avg. Exercise Price		Remaining Contractual Term (Years)
Outstanding at the Beginning of the Year	3/25/2016		245,000	$	6.18		9.27
Granted	8/15/2016		10,000	$	5.30		10.00
Exercised			0
Forfeited of Expired			0
Outstanding at the End of the Year	3/31/2017		255,000	$	6.15		8.82
Fully Vested			247,000	$	6.05
Exercisable at the End of the Year
March 31 2017			247,000
Outstanding at the Beginning of the Year	3/31/2017		255,000	$	6.15		8.82
Granted			0
Exercised			0
Forfeited of Expired			0
Outstanding at the End of Nine Months	9/29/2017		255,000	$	6.15		8.32
Fully Vested			251,000	$	6.02
Exercisable at the End of Nine Months
December 29 2017			251,000