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4. NOTES PAYABLE (Tables)
12 Months Ended
Mar. 31, 2014
Debt Disclosure [Abstract]  
Notes payable, all current liabilities and unsecured

Notes payable consist of the following:

 

    March 31, 2014     March 31, 2013  
    Principal Balance     Accrued Interest     Principal Balance     Accrued Interest  
12% Notes payable, past due   $ 185,000     $ 353,813     $ 185,000     $ 326,062  
10% Note payable, past due     5,000       6,375       5,000       5,875  
                                 
Directors’ Note(s)     200,000       14,516              
Tonaquint Note                 131,381       1,629  
Total   $ 390,000     $ 374,704     $ 321,381     $ 333,566  
Activity in Tonaquint Note

The following table shows the conversions into principal of the Tonaquint Note by fiscal year:

 

Initial principal balance   $ 360,186  
Lender’s legal fees     12,500  
Conversions during the fiscal year ended March 31, 2013     (241,305 )
Conversions during the fiscal year ended March 31, 2014     (131,381 )
Balance as of March 31, 2014   $