Stock Repurchase Plan

12 Months Ended

Mar. 31, 2014

Stock Repurchase Plan [Abstract]

Stock Repurchase Plan

NOTE 10. STOCK REPURCHASE PROGRAM
Our authorized stock is stated as six million shares of common stock, $0.01 par value, and ten million shares of all types. Our Board may designate any series and fix any relative rights and preferences to authorized but undesignated stock.

On January 21, 2009 we announced that our Board of Directors authorized the repurchase of up to $2,500,000 of our Common Stock, $1,236,595 of which remained available as of March 31, 2014. The repurchase program may be modified or discontinued at any time without notice. We did not repurchase any Common Stock in Fiscal 2013 or 2012. Common Stock repurchases in Fiscal 2014, all of which were made under our publicly-announced program, were as follows:

Quarter Ended	Number of Shares Purchased	Amount Paid
June 30, 2013	-	$	-
September 30, 2013	25,393	$	1,263,405
December 31, 2013	-	$	-
March 31, 2014	-	$	-
Total for year ended March 31, 2014	25,393	$	1,263,405