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FINANCING
9 Months Ended
Dec. 31, 2011
Receivables [Abstract]  
Financing Receivables [Text Block]

NOTE 7 – FINANCING

 

As of December 31, 2011 and March 31, 2011 the Company owed amounts of $253,750 and $0, respectively to a financial institution. The Company received advance funds from the discounting of letters of credit issued as payment for goods by a major customer. The proceeds were used to pay Chinese manufacturing vendors. The amounts are due January 10, 2012 and were discounted at 1.20%.