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Note 3 - Inventory
9 Months Ended
Dec. 31, 2015
Notes  
Note 3 - Inventory

NOTE 3 - INVENTORY

 

Inventory consists of finished goods, work-in-process, packaging materials, and raw materials. No allowance for inventory was made for the three and nine months ended December 31, 2015 and 2014.

 

The components of inventories as of December 31, 2015 and March 31, 2015 were as follows:

 

 

 

December 31,

 

 

March 31,

2015

 

2015

Raw materials

 

$

925,812

 

 

$

68,349

Packaging materials

 

 

477,296

 

 

 

181,847

Work-in-process

 

 

1,360,239

 

 

 

289,188

Finished goods

 

 

397,096

 

 

 

357,459

Total Inventories

 

$

3,160,443

 

 

$

896,843