INVENTORIES

9 Months Ended

Dec. 31, 2012

Inventory Disclosure [Abstract]

Inventory Disclosure [Text Block]

NOTE 5- INVENTORIES

Inventories are comprised of the following components:

	December 31,			March 31,
	2012			2012
	(unaudited)
Finished Goods	$	5,099,192		$	4,224,395
Inventory in Transit		248,695			446,997
Less: Inventory Reserve		(553,000	)		(663,000	)
Inventories, net	$	4,794,887		$	4,008,392

Inventory consigned to customers at December 31, 2012 and March 31, 2012 were $770,383 and $353,201, respectively.