INCOME TAXES (Tables)

12 Months Ended

Jan. 31, 2013

Income Tax Disclosure [Abstract]

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

The provision for income taxes is based on the following pretax income (loss):

	FY 13						FY 12
Domestic and Foreign Pretax Income (Loss)	Total		Continuing Operations		Discontinued Operations		Total		Continuing Operations		Discontinued Operations
Domestic	$	(11,394,955)	$	(11,394,955)	$	—	$	(1,810,731)	$	(1,810,731)	$	—
Foreign		(10,136,243)	$	(9,336,243)	$	(800,000)	$	334,627	$	2,649,586	$	(2,314,959)
Total	$	(21,531,198)	$	(20,731,198)	$	(800,000)	$	(1,476,104)	$	838,855	$	(2,314,959)

Income Tax Expense (Benefit)	Total		Continuing Operations		Discontinued Operations		Total		Continuing Operations		Discontinued Operations
Current:
Federal	$	—	$	—	$	—	$	(304,615)	$	(304,615)	$	—
State and other taxes		(130,213)	$	(130,213)		—		—		—		—
Foreign		688,836	$	688,836		—	$	198,221	$	198,221		—
Deferred:							$	(992,885)	$	(147,925)	$	(844,960)
Domestic	$	(1,269,245)	$	(990,952)	$	(278,293)
Valuation Allowance-Deferred Tax Asset		4,544,431		4,544,431		—
Foreign		923,663		923,663		—
Total	$	4,757,451	$	5,035,764	$	(278,293)	$	(1,099,279)	$	(254,319)	$	(844,960)

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

The following is a reconciliation of the effective income tax rate to the Federal statutory rate:

	2013			2012
Statutory rate		34.0	%		34.0	%
State income taxes, net of Federal tax benefit		2.5	%		2.5	%
Goodwill and other intangibles impairment charge		(46.23)	%		—
Arbitration settlement charge		(12.43)	%		—
Permanent differences		(12.90)	%		(2.8)	%
Foreign tax rate differential*		32.38	%		37.8	%
Various tax credits		—			3.0	%
Valuation Allowance-deferred tax asset		(21.11)	%		—
Other		1.66	%		—
Effective rate		(22.13)	%		74.5	%

* The foreign rate differential is very high due to losses in India, Chile and Argentina treated as pass through entities for US tax purposes, the VAT tax charge in Brazil and the elimination of intercompany profit in inventory, all of which serve to reduce the consolidated pretax income. 

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

The tax effects of temporary differences which give rise to deferred tax assets at January 31, 2013 and 2012, are summarized as follows:

	2013		2012
Deferred tax assets:
Inventories	$	812,054	$	959,971
US tax loss carry-forwards, including work opportunity credit		1,520,142		569,376
Accounts receivable and accrued rebates		94,877		81,922
Accrued compensation and other		184,214		176,322
India inventory reserves - US deduction		963,524		514,712
Equity based compensation		218,942		447,220
Foreign tax credit carry-forward		407,092		156,741
State and local carry-forwards		96,810		126,161
Depreciation and other		246,776		246,247
Brazil carryforward resulting from goodwill write-offs		—		709,000
Deferred tax asset		4,544,431		3,987,672
Less Valuation Allowance		(4,544,431)		—
Net deferred tax asset	$	0	$	3,987,672