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PROPERTY AND EQUIPMENT
9 Months Ended
Dec. 31, 2014
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment Disclosure [Text Block]
NOTE 5 - PROPERTY AND EQUIPMENT
A summary of property and equipment is as follows:
 
 
 
USEFUL
 
December 31,
 
March 31,
 
 
 
LIFE
 
2014
 
2014
 
 
 
 
 
(unaudited)
 
(audited)
 
 
 
 
 
 
 
 
 
 
 
Computer and office equipment
 
5 years
 
$
285,650
 
$
282,921
 
Furniture and fixtures
 
5-7 years
 
 
4,312
 
 
4,312
 
Warehouse equipment
 
7 years
 
 
224,106
 
 
224,106
 
Molds and tooling
 
3-5 years
 
 
2,357,133
 
 
2,324,120
 
 
 
 
 
 
2,871,201
 
 
2,835,459
 
Accumulated depreciation
 
 
 
 
2,370,550
 
 
2,274,234
 
Property and equipment, net
 
 
 
$
500,651
 
$
561,225
 
 
Depreciation expense for the three months ended December 31, 2014 and December 31, 2013 was $33,969 and $54,506, respectively.
 
Depreciation expense for the nine months ended December 31, 2014 and December 31, 2013 was $96,173 and $112,483, respectively.