SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

9 Months Ended

Dec. 31, 2014

Accounting Policies [Abstract]

Schedule of basic and diluted loss per share

	For the Nine Months Ended December 31, 2014			For the Year Ended March 31 2014
Loss per Share - Basic
Numerator for basic loss per share	$	(9,316,355	)	$	(8,155,880	)
Denominator for basic loss per share		10,526,618			7,346,155
Loss per common share - basic	$	(0.89	)	$	(1.11	)
Loss per Share - Diluted
Numerator for basic loss per share	$	(9,316,355	)	$	(8,155,880	)
Adjust: Fair Value of dilutive warrants outstanding		—			(1,000,239	)
Numerator for dilutive loss per share	$	(9,316,355	)	$	(9,156,119	)
Denominator for diluted loss per share		10,526,618			7,346,155
Plus: Incremental shares underlying "in the money" warrants outstanding		—			146,876
Denominator for dilutive loss per share		10,526,618			7,493,031
Loss per common share - diluted	$	(0.89	)	$	(1.22	)