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2. PROPERTY AND EQUIPMENT
12 Months Ended
Mar. 31, 2015
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT

Property and equipment, net, consist of the following:

 

   March 31, 2015   March 31, 2014 
Furniture and office equipment, at cost  $385,088   $385,088 
Accumulated depreciation   (328,997)   (300,809)
   $56,091   $84,279 

 

Depreciation expense for the years ended March 31, 2015 and 2014 approximated $28,000 and $12,000, respectively.