CAPITAL STRUCTURE

9 Months Ended

Dec. 31, 2014

Stockholders Equity Note [Abstract]

CAPITAL STRUCTURE

NOTE13: CAPITAL STRUCTURE

During September 2014, the Company issued common stock upon exercise of a June 2013 Warrant. The warrant holder exercised the warrant for cash at an exercise price of $3.40 per share. The Company received cash of $170,000 and the warrant holder received 50,000 shares of common stock.

On November 7, 2014, the Company issued 5,331 shares of common stock to a third party entity pursuant to an agreement in consideration for business advisory services performed.

During December 2014, the Company issued common stock upon exercise of several June 2013 Warrants. The warrant holders exercised the warrants for cash at an exercise price of $3.40 per share. The Company received cash of $323,306 and the warrant holder received 95,090 shares of common stock.