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INVENTORIES (Tables)
12 Months Ended
Mar. 31, 2016
Inventory Disclosure [Abstract]  
Schedule of Inventory, Current [Table Text Block]
Inventories are comprised of the following components:
 
 
 
March 31,
 
March 31,
 
 
 
2016
 
2015
 
 
 
 
 
 
 
 
 
Finished Goods
 
$
4,450,975
 
$
7,869,167
 
Less: Inventory Reserve
 
 
760,000
 
 
421,000
 
 
 
 
 
 
 
 
 
Total Inventories
 
$
3,690,975
 
$
7,448,167