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INVENTORIES

12 Months Ended

Mar. 31, 2014

NOTE 3 - INVENTORIES

Inventories are comprised of the following components:

	March 31,		March 31,
	2014		2013

Finished Goods	$	6,465,613	$	4,626,407
Less: Inventory Reserve		638,000		503,000

Total Inventories	$	5,827,613	$	4,123,407

Inventory consigned to a distribution center at March 31, 2014 and March 31, 2013 was $353,201.

- Definition

The entire disclosure for inventory. This may include, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the major classes of inventory, and the nature of the cost elements included in inventory. If inventory is stated above cost, accrued net losses on firm purchase commitments for inventory and losses resulting from valuing inventory at the lower-of-cost-or-market may also be included. For LIFO inventory, may disclose the amount and basis for determining the excess of replacement or current cost over stated LIFO value and the effects of a LIFO quantities liquidation that impacts net income.

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