Quarterly report pursuant to Section 13 or 15(d)

OPTIONS AND WARRANTS (Tables)

v2.4.1.9
OPTIONS AND WARRANTS (Tables)
9 Months Ended
Dec. 31, 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     8.8  
Granted   14,452,000   $ 0.15     9.4  
Exercised   (182,000 ) $ 0.01     9.6  
Expired/Forfeited   (6,000,000 ) $   -     8.8  
Outstanding at December 31, 2014   14,270,000   $ 0.15     8.6  
Exercisable at December 31, 2014   14,270,000   $ 0.15     8.6  
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   $ 0.52  
   Granted   27,749,253     0.13  
   Exercised   (14,529,256 )   (0.31 )
   Cancelled   -     0.00  
Outstanding at December 31, 2014   21,530,412     0.14  
Warrants exercisable at December 31, 2014   20,625,145   $ 0.14  
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     17,223,988     4.5  
$0.1875     953,333     4.3  
$0.2500     2,325,582     1.9  
$0.5500     116,279     2.6  
$0.6000     5,963     .4