Note 7 - Intangible Assets

12 Months Ended

Mar. 31, 2014

Disclosure Text Block [Abstract]

Intangible Assets Disclosure [Text Block]

NOTE 7 -   INTANGIBLE ASSETS

Intangible assets are being amortized using the straight line method over periods ranging from 3-15 years with a weighted average remaining life of approximately 6.94 years.

	March 31, 2014								March 31, 2013
	Cost		Weighted Average Amortization Period (in years)	Accumulated Amortization			Net Carrying Amount		Cost		Weighted Average Amortization Period (in years)	Accumulated Amortization			Net Carrying Amount
Patents & Trademarks	$	82,702	15	$	(66,331	)	$	16,371	$	82,702	15	$	(64,369	)	$	18,333
Formulas		25,446	15		(25,446	)		-		25,446	15		(6,291	)		19,155
Non-Compete Agreement		50,000	7		(50,000	)		-		50,000	7		(32,738	)		17,262
Customer List		10,000	3		(10,000	)		-		10,000	3		(10,000	)		-
	$	168,148		$	(151,777	)	$	16,371	$	168,148		$	(113,398	)	$	54,750

Amortization expense was $38,379 and $11,716 for the year ended March 31, 2014 and 2013, respectively.

 Estimated aggregate future amortization expense related to intangible assets is as follows:

For the Fiscal Years Ending March 31, :
	2015	$	1,939
	2016		1,396
	2017		1,396
	2018		1,396
	2019		1,396
	Thereafter		8,848
		$	16,371