DUE TO RELATED PARTIES, NET

12 Months Ended

Mar. 31, 2015

Related Party Transactions [Abstract]

Related Party Transactions Disclosure [Text Block]

NOTE 5 – DUE TO RELATED PARTIES, NET

As of March 31, 2015 the Company had $4,410,637 due to related parties consisting primarily of trade payables for karaoke hardware to Starlight Marketing Development Ltd in the amount of $1,924,431, Ram Light Management, Ltd in the amount of $583,247, Starlight Consumer Electronics Co., Ltd in the amount of $208,672, Starlight R&D in the amount of $554,031 for product inventory and repair services and other Shihua Group Companies in the amount of $40,256. In connection with the Revolving Line of Credit agreement there was a conversion of past due trade payables to a note payable of $1,100,000 to Ram Light Management, Ltd. on July 15, 2014.

As of March 31, 2014 the Company had $4,925,982 due to related parties consisting primarily of trade payables for karaoke hardware to Starlight Marketing Development Ltd in the amount of $1,924,431, Ram Light Management, Ltd in the amount of $1,683,247, Starlight Consumer Electronics Co., Ltd in the amount of $1,051,913, Starlight R&D in the amount of $194,678 for repair services and other Shihua Group Companies in the amount of $71,713. There were net additional amounts due from other Shihua Group companies totaling $367,520 related to other services and expenses provided by us for these companies.