Commitments and Contingencies

6 Months Ended

Sep. 30, 2016

Commitments and Contingencies Disclosure [Abstract]

Commitments and Contingencies

NOTE 8 - 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, PRC; expiring at varying dates. Rent expense for the three months ended September 30, 2016 and 2015 was $155,906 and $154,964, respectively. Rent expense for the six months ended September 30, 2016 and 2015 was $320,437 and $310,185, 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, 2016 are as follows:

		Operating Leases
For period ending September 30,
2017	$	519,748
2018		509,295
2019		524,272
2020		480,582
	$	2,033,897