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INVENTORY

9 Months Ended

Dec. 31, 2014

NOTE 4 - INVENTORY

Inventory consists of finished goods, work-in-process, and raw materials. No allowance for inventory was made for the three months and nine months ended December 31, 2014 and 2013. The components of inventories were as follows:

	As of
	December 31, 2014		March 31, 2014
Raw materials	$	946,936	$	874,455
Work-in-progress		414,386		370,271
Finished goods		839,110		347,977
Total Inventories	$	2,200,432	$	1,592,703

- 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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