Quarterly report pursuant to Section 13 or 15(d)

PROPERTY AND EQUIPMENT

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PROPERTY AND EQUIPMENT
6 Months Ended
Sep. 30, 2014
PROPERTY AND EQUIPMENT [Text Block]

NOTE 3 – PROPERTY AND EQUIPMENT

Fixed assets consisted of the following at:

    September     March  
    30, 2014     31, 2014  
Machinery and Equipment $ 372,375   $ 273,597  
Machinery under Capital Lease   378,576        
Office Equipment   54,612     53,631  
Leasehold Improvements   13,120     3,979  
Less: Accumulated Depreciation   (102,289 )   (44,221 )
Fixed Assets, net $ 716,394   $ 286,986  

Depreciation expense for the periods ended September 30, 2014 and 2013 was $58,068 and $9,338, respectively.