PROPERTY AND EQUIPMENT

12 Months Ended

Mar. 31, 2014

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment Disclosure [Text Block]

NOTE 4 - PROPERTY AND EQUIPMENT

A summary of property and equipment is as follows:

	USEFUL	MARCH 31,		MARCH 31,
	LIFE	2014		2013
Computer and office equipment	5 years	$	282,921	$	279,742
Furniture and fixtures	7 years		4,312		4,312
Leasehold improvement	*		-		5,500
Warehouse equipment	7 years		224,106		136,521
Molds and tooling	3-5 years		2,324,120		1,849,245
Molds and tooling under development	**		-		329,500
			2,835,459		2,604,820
Less: Accumulated depreciation and amortization			2,274,234		2,122,043
		$	561,225	$	482,777

* Shorter of remaining term of lease or useful life

** As of the fiscal years ended March 31, 2014, 2013 and 2012 the Company had outstanding commitments for molds and tooling in process in the amounts of approximately $0, $140,000 and $0, respectively.

Depreciation expense for fiscal years ended 2014, 2013, and 2012 was $168,138, $110,267, and $171,818, respectively.