PROPERTY AND EQUIPMENT (Tables)

12 Months Ended

Mar. 31, 2013

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment [Table Text Block]

NOTE 4 - PROPERTY AND EQUIPMENT

A summary of property and equipment is as follows:

	USEFUL	MARCH 31,		MARCH 31,
	LIFE	2013		2012
Computer and office equipment	5 years	$	279,742	$	276,332
Furniture and fixtures	7 years		4,312		-
Leasehold improvement	*		5,500		5,500
Warehouse equipment	7 years		136,521		101,521
Molds and tooling	3-5 years		1,849,245		1,846,645
Molds and tooling under development	**		329,500		78,000
			2,604,820		2,307,998
Less: Accumulated depreciation and amortization			2,122,043		2,011,776
		$	482,777	$	296,222

* Shorter of remaining term of lease or useful life

** As of the fiscal years ended March 31, 2013, 2012 and 2011 the Company had outstanding commitments for molds and tooling in process in the amounts of approximately $140,000, $0 and $0, respectively.