INVENTORIES

9 Months Ended

Dec. 31, 2011

Inventory Disclosure [Abstract]

Inventory Disclosure [Text Block]

NOTE 4- INVENTORIES

Inventories are comprised of the following components:

	December 31,			March 31,
	2011			2011
	(unaudited)
Finished Goods	$	3,701,910		$	3,467,946
Inventory in Transit		659,113			-
Less: Inventory Reserve		(753,000	)		(451,001	)
Net Inventories	$	3,608,023		$	3,016,945

Inventory consigned to customers at December 31, 2011 and March 31, 2011 were $353,201 and $353,201, respectively.