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RELATED PARTY TRANSACTIONS
6 Months Ended
Sep. 30, 2011
Related Party Transactions [Abstract] 
Related Party Transactions Disclosure [Text Block]
NOTE 12 – RELATED PARTY TRANSACTIONS
 
During the six months ended September 30, 2011 and September 30, 2010 the Company sold approximately $1,541,000 and $1,219,000 respectively to Starlight Electronics at a discounted price, similar to prices granted to major direct import customers shipped internationally with freight prepaid.  The average gross profit margin on sales to Starlight Electronics for the six months ended September 30, 2011 and September 30, 2010 was 7.6% and 10.3%, respectively.   The product was drop shipped to Cosmo Communications of Canada (“Cosmo”), the Company’s primary distributor of its products to Canada. This amount was included as a component of cost of goods sold in the accompanying consolidated statements of operations.
 
The Company purchased products from Starlight Marketing Development, Ltd, (“SMD”) a subsidiary of Starlight International Holding Ltd. The purchases from SMD for the six month period ended September 30, 2011 and September 30, 2010 were $3,013,875 and $3,764,672 respectively.
 
During the six month period ended September 30, 2011 and September 30, 2010 the Company purchased products from Cosmo Communications USA, Inc. (“Cosmo USA”) in the amount of $48,900 and $182,013, respectively.
 
On August 1, 2010, SMC Logistics entered into a service and logistics agreement with affiliates Starlight Consumer Electronics (USA), Inc. and Cosmo USA to provide logistics, fulfillment, and warehousing services for these affiliates’ domestic sales.   The Company received $499,998 and $499,998 in service fees from these affiliates during the six months ended September 30, 2011 and September 30, 2010, respectively.  For the six months ended September 30, 2011 and September 30, 2010, the Company additionally received reimbursements from both of these affiliates in the amount of $15,370 and $42,965, respectively for expenses and salaries incurred by SMC Logistics on their behalf.  The current service and logistics agreement expired on July 31, 2011and on August 1, 2011, the Company entered into an extension of the current agreement for an additional twelve months.  The current extension will expire on July 31, 2012.