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INVENTORY

9 Months Ended

Dec. 31, 2011

NOTE 5 - INVENTORY

Inventory consists of finished goods, work-in-process, and raw materials. No allowance for inventory was made for the nine months ended December 31, 2011 and 2010.

The components of inventories as of December 31, 2011, and March 31, 2011 were as follows:

	Period Ended
	Dec 31, 2011		Mar 31, 2011
Raw materials	$	869,101	$	8,699
Work-in-progress		539,529		27,225
Finished goods	$	1,075,351	$	23,259

Total Inventories	$	2,483,981	$	59,183

- Definition

The entire disclosure for inventory. This may include, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the major classes of inventory, and the nature of the cost elements included in inventory. If inventory is stated above cost, accrued net losses on firm purchase commitments for inventory and losses resulting from valuing inventory at the lower-of-cost-or-market may also be included. For LIFO inventory, may disclose the amount and basis for determining the excess of replacement or current cost over stated LIFO value and the effects of a LIFO quantities liquidation that impacts net income.

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