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PREPAID ACCOUNTS
12 Months Ended
Mar. 31, 2011
PREPAID ACCOUNTS

NOTE 3 – PREPAID ACCOUNTS

 

The prepaid account in the amount of $15,602,258 is a cash payment to a Chinese research company for the acquisition of a patent.  As of March 31, 2011, the patent had not been transferred to the Company due to the incompletion of the required transferring paper work.  When the Company obtains the title of the patent, the prepayment will be reclassified to a patent.