Quarterly report pursuant to Section 13 or 15(d)

OPTIONS AND WARRANTS (Tables)

v3.6.0.2
OPTIONS AND WARRANTS (Tables)
9 Months Ended
Dec. 31, 2016
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]
                Weighted-  
          Weighted-       Average  
          Average     Remaining  
    Number of     Exercise     Contractual  
    Shares     Price     Term  
                (years)  
Outstanding at March 31, 2015   343,400   $ 7.00     8.2  
Granted   4,310,000   $ 0.52     7.8  
Exercised   -   $   -     -  
Expired/Forfeited   -   $   -     -  
Outstanding at March 31, 2016   4,653,400   $ 0.92     7.7  
Granted   -   $   -     -  
Exercised   (85,000 ) $ 0.52     6.4  
Expired/Forfeited   (8,800 ) $ 1.91     6.4  
Outstanding at December 31, 2016   4,559,600   $ 0.92     5.7  
Exercisable at December 31, 2016   4,559,600   $ 0.92     5.7  
Schedule of Stockholders' Equity Note, Warrants or Rights, Activity [Table Text Block]
                Weighted-  
          Weighted-     Average  
    Number     Average     Remaining  
    of Warrant     Exercise     Contractual  
    Shares     Price     Term  
                (years)  
Outstanding at March 31, 2016   4,988,118   $ 0.96     .94  
Granted   -   $   -     -  
Exercised   (795,202 ) $ 1.58     .13  
Expired/Forfeited   -   $ 5.00     .05  
Outstanding at December 31, 2016   4,192,916   $ 0.84     .67  
Exercisable at December 31, 2016   4,192,916   $ 0.84     .67