Consolidated Balance Sheets (Current Period Unaudited) (USD $)	Jun. 30, 2013	Mar. 31, 2013
CURRENT ASSETS
Cash	$ 3,640,586	$ 6,340,609
Student receivables	57,784	189,447
Prepaid expenses	63,025	72,654
TOTAL CURRENT ASSETS	3,761,395	6,602,710
PROPERTY AND EQUIPMENT, NET	2,218,312	2,380,552
OTHER ASSETS
Deposits	189,676	189,676
Other	32,547	37,809
	6,201,930	9,210,747
CURRENT LIABILITIES
Line of credit		2,000,000
Accounts payable	394,667	630,783
Accrued expenses	208,087	204,147
Student credit balances	29,164	79,920
Due to affiliates	1,012,279	674,465
TOTAL CURRENT LIABILITIES	1,644,197	3,589,315
DEFERRED RENT	718,093	723,318
STOCKHOLDERS' EQUITY
Preferred stock Series B, par value $.01 per share, authorized 5,000,000 shares, 5,000,000 shares issued and outstanding	50,000	50,000
Common stock, par value $.01 per share, authorized 100,000,000 shares, 13,508,252 issued and outstanding	135,082	135,082
Additional paid-in capital	10,945,104	10,945,104
Accumulated deficit	(7,290,546)	(6,232,072)
TOTAL STOCKHOLDERS' EQUITY	3,839,640	4,898,114
	$ 6,201,930	$ 9,210,747