Quarterly report pursuant to Section 13 or 15(d)

CONDENSED STATEMENTS OF OPERATIONS (Unaudited)

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CONDENSED STATEMENTS OF OPERATIONS (Unaudited) (USD $)
3 Months Ended 9 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2013
Dec. 31, 2012
Income Statement [Abstract]        
REVENUES $ 0 $ 0 $ 0 $ 0
COSTS AND OPERATING EXPENSES        
General and administrative 360,596 759,904 1,450,665 2,498,098
Amortization and depreciation 28,982 28,982 86,946 86,944
Total costs and operating expenses 389,578 788,886 1,537,611 2,585,042
LOSS FROM OPERATIONS (389,578) (788,886) (1,537,611) (2,585,042)
OTHER INCOME        
Foreign exchange gain, net 0 0 0 31
Interest income 58 7,492 878 11,690
Other income, net 0 0 0 6,845
Total other income 58 7,492 878 18,566
NET LOSS $ (389,520) $ (781,394) $ (1,536,733) $ (2,566,476)
BASIC AND DILUTED NET LOSS PER COMMON SHARE $ (0.01) $ (0.01) $ (0.03) $ (0.05)