Annual report pursuant to Section 13 and 15(d)

STATEMENTS OF OPERATIONS

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STATEMENTS OF OPERATIONS (USD $)
12 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Income Statement [Abstract]    
REVENUES $ 0 $ 0
COSTS AND OPERATING EXPENSES    
General and administrative 1,490,344 2,994,025
Amortization and depreciation 98,356 115,926
Total costs and operating expenses 1,588,700 3,109,951
LOSS FROM OPERATIONS (1,588,700) (3,109,951)
OTHER INCOME    
Foreign exchange gain, net 0 31
Interest income 16,951 14,210
Other income, net 0 6,845
Total other income 16,951 21,086
NET LOSS $ (1,571,749) $ (3,088,865)
BASIC AND DILUTED NET LOSS PER COMMON SHARE $ (0.03) $ (0.06)