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2. PROPERTY AND EQUIPMENT
12 Months Ended
Mar. 31, 2014
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT

2. PROPERTY AND EQUIPMENT

 

Property and equipment, net, consist of the following:

 

    March 31, 2014     March 31, 2013  
Furniture and office equipment, at cost   $ 385,088     $ 289,031  
Accumulated depreciation     (300,809 )     (288,886 )
    $ 84,279     $ 145  

 

Depreciation expense for the years ended March 31, 2014 and 2013 approximated $12,000 and $1,000, respectively.