Quarterly report pursuant to Section 13 or 15(d)

OPTIONS AND WARRANTS (Tables)

v2.4.0.8
OPTIONS AND WARRANTS (Tables)
6 Months Ended
Sep. 30, 2014
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, 2014   6,000,000   $ 0.61     9.3  
Granted   8,452,000   $ 0.15     9.6  
Exercised   (182,000 ) $ 0.01.     10.0  
Expired/Forfeited   -   $ -     -  
Outstanding at September 30, 2014   14,270,000   $ 0.34     9.6  
Exercisable at September 30, 2014   10,122,500   $ 0.34     9.6  
Schedule of Stockholders' Equity Note, Warrants or Rights, Activity [Table Text Block]
          Weighted-  
    Number     Average  
    of  Warrants     Exercise Price  
Outstanding at March 31, 2014   8,310,415   $ 0.53  
   Granted   19,449,453     0.14  
   Exercised   (9,829,456 )   0.10  
   Cancelled   -     0.00  
Outstanding at September 30, 2014   17,930,412     0.26  
Warrants exercisable at September 30, 2014   16,767,621   $ 0.26  
Schedule of Stockholders' Equity Note, Warrants or Rights [Table Text Block]
    STOCK WARRANTS OUTSTANDING AND EXERCISABLE  
          Weighted-  
          Average  
    Number of     Remaining  
    Warrants     Contractual  
Exercise Price   Outstanding     Life in Years  
$0.12500   9,829,455     4.9  
$0.1875   953,333     4.6  
$02500   2,325,582     0.1  
$0.5000   3,137,175     0.8  
$0.5500   116,279     0.8  
$0.6000   1,568,588     2.7