DUE TO / FROM RELATED PARTIES, NET

6 Months Ended

Sep. 30, 2014

Related Party Transactions [Abstract]

Related Party Transactions Disclosure [Text Block]

NOTE 12 – DUE TO / FROM RELATED PARTIES, NET

As of September 30, 2014 and March 31, 2014 the Company had amounts due to related parties in the amounts of $6,498,554 and $4,925,982 respectively, consisting of an interest-bearing note payable to Ram Light Management Ltd of $1,100,000 and $0, respectively (See Note 6) and non-interest bearing trade payables due to Starlight affiliates in the amount of $5,398,554 and $4,925,982, respectively. As of September 30, 2014 and March 31, 2014 the Company had amounts due from related parties in the amounts of $1,214,039 and $367,520 respectively, consisting primarily of non-interest bearing trade receivables due from Starlight affiliates.