Quarterly report pursuant to Section 13 or 15(d)

CONDENSED BALANCE SHEETS

v2.4.1.9
CONDENSED BALANCE SHEETS (USD $)
Dec. 31, 2014
Mar. 31, 2014
CURRENT ASSETS    
Cash and cash equivalents $ 8,638,978us-gaap_Cash $ 8,587,245us-gaap_Cash
Total current assets 8,638,978us-gaap_AssetsCurrent 8,587,245us-gaap_AssetsCurrent
TOTAL ASSETS 8,638,978us-gaap_Assets 8,587,245us-gaap_Assets
CURRENT LIABILITIES    
Accounts payable 121,622us-gaap_AccountsPayableCurrent 66,177us-gaap_AccountsPayableCurrent
Deferred distribution payments 8,537,905us-gaap_DeferredCompensationLiabilityCurrent 8,540,365us-gaap_DeferredCompensationLiabilityCurrent
Total current liabilities 8,659,527us-gaap_LiabilitiesCurrent 8,606,542us-gaap_LiabilitiesCurrent
SHAREHOLDERS' EQUITY    
Preferred stock - $0.001 par value; 20,000,000 shares authorized; no shares issued or outstanding 0us-gaap_PreferredStockValue 0us-gaap_PreferredStockValue
Common stock - $0.001 par value; 500,000,000 shares authorized; 55,787,554 and 55,787,554 shares outstanding, respectively 55,788us-gaap_CommonStockValue 55,788us-gaap_CommonStockValue
Additional paid in capital 89,363,319us-gaap_AdditionalPaidInCapitalCommonStock 89,363,319us-gaap_AdditionalPaidInCapitalCommonStock
Accumulated deficit (89,439,656)us-gaap_RetainedEarningsAccumulatedDeficit (89,438,404)us-gaap_RetainedEarningsAccumulatedDeficit
Total shareholders' equity (20,549)us-gaap_StockholdersEquity (19,297)us-gaap_StockholdersEquity
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 8,638,978us-gaap_LiabilitiesAndStockholdersEquity $ 8,587,245us-gaap_LiabilitiesAndStockholdersEquity