PROPERTY AND EQUIPMENT

3 Months Ended

Jun. 30, 2012

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment Disclosure [Text Block]

NOTE 5 - PROPERTY AND EQUIPMENT

A summary of property and equipment is as follows:

	USEFUL	June 30,			March 31,
	LIFE	2012			2012
		(unaudited)
Computer and office equipment	5 years	$	277,995		$	276,332
Leasehold improvements	*		5,500			5,500
Warehouse equipment	7 years		101,521			101,521
Molds and tooling	3-5 years		1,966,244			1,924,645
			2,351,260			2,307,998
Less: Accumulated depreciation			(2,044,551	)		(2,011,776	)
		$	306,709		$	296,222

* Shorter of remaining term of lease or useful life

Depreciation expense for the three months ended June 30, 2012 and June 30, 2011 was $32,775 and $32,078, respectively.