WARRANTS (Tables)

12 Months Ended

Mar. 31, 2014

Warrants [Abstract]

Warrants

A summary of warrants to purchase common stock issued during the fiscal years ended March 31, 2013 and 2014 is as follows:

 

	Shares		Weighted Average Exercise Price
Balance at March 31, 2012		-	$	-
Granted		1,080,000		0.50
Exercised		-
Cancelled		-		-
Balance outstanding at March 31, 2013		1,080,000	$	0.50
Granted		11,323,601		0.50
Exercised		(4,676,472)		0.41
Cancelled
Balance outstanding at March 31, 2014		7,727,129	$	0.41
Balance exercisable at March 31, 2014		7,727,129	$	0.41