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5. EARNINGS PER SHARE INFORMATION (Details) (USD $)
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12 Months Ended | |
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Mar. 31, 2014
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Mar. 31, 2013
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| EARNINGS PER SHARE INFORMATION | ||
| Net Loss | $ (1,571,749) | $ (3,088,865) |
| Basic weighted-average common shares outstanding | 55,787,554 | 55,787,554 |
| Basic loss per common share | $ (0.03) | $ (0.06) |
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- Details
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- Definition
The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
This element represents the weighted average total number of shares issued throughout the period including the first (beginning balance outstanding) and last (ending balance outstanding) day of the period before considering any reductions (for instance, shares held in treasury) to arrive at the weighted average number of shares outstanding. Weighted average relates to the portion of time within a reporting period that common shares have been issued and outstanding to the total time in that period. Such concept is used in determining the weighted average number of shares outstanding for purposes of calculating earnings per share (basic). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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