Quarterly report pursuant to Section 13 or 15(d)

PROPERTY AND EQUIPMENT

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PROPERTY AND EQUIPMENT
3 Months Ended
Jun. 30, 2014
PROPERTY AND EQUIPMENT [Text Block]

NOTE 3 – PROPERTY AND EQUIPMENT

Fixed assets consisted of the following at:

    June     March  
    30, 2014     31, 2014  

Machinery and Equipment

$ 72,137 $     273,597  

Machinery under Capital Lease

  378,576        

Office Equipment

  54,612     53,631  

Leasehold Improvements

  13,120     3,979  

Less: Accumulated Depreciation

  (60755 )   (44,221 )

Fixed Assets, net

$ 457,690   $ 286,986  

Depreciation expense for the periods ended June 30, 2014 and 2013 was $16,534 and $1,849, respectively.