XML 31 R6.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Statements of Cash Flows (USD $)
6 Months Ended
Sep. 30, 2014
Sep. 30, 2013
CASH FLOWS FROM OPERATING ACTIVITIES    
Net Loss $ (1,088,143) $ (519,525)
Adjustments to reconcile net loss to net cash provided (used) by operating activities:    
Debt discount amortization 320,267 31,105
Depreciation and amortization 14,801 9,358
Stock on settlement 22,000   
Common stock issued for services 62,308 2,275
Stock payable for service 66,080 28,260
Amortization of fair value of stock options 11,222 28,272
Bad debt    50,740
Changes in operating assets and liabilities:    
(Increase) decrease in accounts receivable 309,129 (13,151)
(Increase) decrease in prepaid expenses (74,078) (3,850)
(Increase) decrease in inventories (55,367) (29,701)
(Increase) decrease in other current assets    737
(Increase) decrease in other assets (2,905) 2,219
(Decrease) increase in accounts payable and accrued liabilities (18,282) 170,408
Increase (decrease) in unearned revenue 11,942 (1,416)
Stock payable for service 9,000  
Net Cash Provided (Used) by Operating Activities (421,026) (244,269)
CASH FLOWS FROM INVESTING ACTIVITIES    
Cash paid for purchase of fixed assets (33,328)   
Net Cash Used by Investing Activities (33,328)   
CASH FLOWS FROM FINANCING ACTIVITIES    
Repayment on LOC (1,121) 520,000
Borrowings on note payable 80,000   
Proceeds from note payable - RP 740,158 (225,173)
Principal payments on debt (376,976)   
Net Cash Provided by Financing Activities 442,061 294,827
Foreign currency translation    (3,534)
Net Increase (Decrease) in Cash (12,293) 47,024
Cash at Beginning of Period 27,860 247,246
Cash at End of Period 18,472 294,270
NON-CASH INVESTING & FINANCING ACTIVITIES    
Common stock issued for services (stock payable)    1,640
Common stock issued for employee bonus (stock payable)    600
Conversion of Debt 696,373 100,000
RSU Forfeiture    13,750
Debt discount    220,000
Sale of subsidiary    140,926
CASH PAID FOR:    
Interest 102,176 36,712
Income Taxes    $ 800