COMMITMENTS AND CONTINGENCIES

6 Months Ended

Sep. 30, 2015

Commitments and Contingencies Disclosure [Abstract]

Commitments and Contingencies Disclosure [Text Block]

NOTE 10 - COMMITMENTS AND CONTINGENCIES

LEGAL MATTERS

Management is currently not aware of any legal proceedings.

OPERATING LEASES

The Company is committed to various operating lease agreements for office and warehouse facilities in Fort Lauderdale, Florida; Ontario, California; and Macau expiring at varying dates. Rent expense for the three month periods ended September 30, 2015 and 2014 was $154,964 and $147,905, respectively. Rent expense for the six months ended September 30, 2015 and 2014 was $310,185 and $311,375, respectively.

In addition, the Company maintains various warehouse equipment and computer equipment operating leases. Future minimum lease payments under property and equipment leases with terms exceeding one year as of September 30, 2015 are as follows:

	Operating Leases
For period ending September 30,
2015	$	551,288
2016		519,258
2017		490,722
2018		524,272
2019		524,271
2020		87,379
	$	2,697,190