Commitments and Contingencies

12 Months Ended

Mar. 31, 2012

Commitments and Contingencies [Abstract]

NOTE 9. COMMITMENTS AND CONTINGENCIES
Lease payments were $253,740 for fiscal 2012, $245,220 for fiscal 2011, and $237,317 for fiscal 2010. The operating lease for our facility expires December 31, 2020. We pay operating expenses including maintenance, utilities, real estate taxes, and insurance in addition to rental payments. We also lease a piece of office equipment under an operating lease expiring July 2014 with payments due quarterly. Our future minimum lease payments are shown in the following table:

Year Ending March 31
2013		2014		2015		2016		2017		2018		2019		2020		2021		Total
$	261,530	$	265,215	$	267,988	$	270,656	$	271,671	$	275,730		279,842	$	284,115	$	215,489	$	2,392,236

- Definition

The entire disclosure for commitments and contingencies.

+ References

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+ Details