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11. Related Party Transactions
12 Months Ended
Mar. 31, 2012
Related Party Transactions [Abstract]  
11. Related Party Transactions

 

We have been paying the mortgage payments for Morris Transportation, Inc. to an unrelated lender on behalf of an entity controlled by Mr. Morris as rent without a formal lease and intend to purchase the property at fair market value, as determined by appraisal, which may require us to refinance the mortgage. We are currently indebted to Logan Properties of Ashley County, LLC, the entity controlled by Mr. Morris, in the amount of $99,935.85.