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Note 9 - Note Payable, Bank
9 Months Ended
Dec. 31, 2012
Debt Disclosure [Text Block]
NOTE 9 – NOTE PAYABLE, BANK

On August 21, 2008, the Company entered into a note payable with a commercial bank in the amount of $200,000.  This note bears interest at a rate of 2% above the interest rate for the Company’s savings account at this bank and is secured by cash on deposit with the institution, which is classified as restricted cash.  Amounts outstanding under the note are payable on demand, and interest is payable monthly.  The principal balance of the note at December 31, 2012 and March 31, 2012 was $150,990 and $160,000, respectively.