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Note 4 - Property And Equipment

12 Months Ended

Mar. 31, 2013

Property, Plant and Equipment Disclosure [Text Block]

Property, Plant and Equipment Disclosure [Text Block]

NOTE 4 – PROPERTY AND EQUIPMENT

Property and equipment as of March 31, 2013 and 2012 is as follows:

	2013			2012
Computer equipment	$	13,364		$	13,364
Machinery and equipment		60,202			60,202
Leasehold improvements		3,750			3,750
		77,316			77,316

Accumulated depreciation		(63,024	)		(53,574	)

Property and equipment, net	$	14,292		$	23,742

Depreciation expense related to property and equipment amounted to $9,450 and $14,697 for the years ended March 31, 2013 and 2012, respectively.

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

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