8. OTHER CURRENT LIABILITIES

9 Months Ended

Dec. 31, 2012

Note 8. Other Current Liabilities

OTHER CURRENT LIABILITIES

At December 31, 2012 and March 31, 2012, our other current liabilities were comprised of the following items:

	December 31,		March 31,
	2012		2012
Accrued interest	$	941,794	$	725,616
Accrued legal fees		179,465		179,465
Deferred rent		5,445		5,607
Other		100,650		220,533
Total other current liabilities	$	1,227,354	$	1,131,221

As of the date of this report, various promissory and convertible notes payable in the aggregate principal amount of $2,291,916 (as identified in Notes 4 and 5 above) have reached maturity and are past due. We are continually reviewing other financing arrangements to retire all past due notes. At December 31, 2012, we had accrued interest in the amount of $875,488 associated with these defaulted notes in accrued liabilities payable (see Notes 4 and 5).