Document_and_Entity_Informatio
Document and Entity Information | 6 Months Ended | |
Sep. 30, 2014 | Oct. 29, 2014 | |
Document and Entity Information [Abstract] | ' | ' |
Document Type | '10-Q | ' |
Amendment Flag | 'false | ' |
Document Period End Date | 30-Sep-14 | ' |
Entity Registrant Name | 'PCS EDVENTURES COM INC | ' |
Entity Central Index Key | '0001122020 | ' |
Current Fiscal Year End Date | '--03-31 | ' |
Document Fiscal Period Focus | 'Q2 | ' |
Document Fiscal Year Focus | '2015 | ' |
Entity Current Reporting Status | 'Yes | ' |
Entity Filer Category | 'Smaller Reporting Company | ' |
Entity Common Stock, Shares Outstanding | ' | 72,130,076 |
Consolidated_Balance_Sheets
Consolidated Balance Sheets (USD $) | Sep. 30, 2014 | Mar. 31, 2014 |
CURRENT ASSETS | ' | ' |
Cash | $15,567 | $27,860 |
Accounts receivable, net of allowance for doubtful accounts of $4,063 and $4,063, respectively | 180,622 | 489,751 |
Prepaid expenses | 142,983 | 68,906 |
Finished goods inventory | 242,753 | 187,386 |
Other Receivable | 3,424 | 3,424 |
Total Current Assets | 585,349 | 777,327 |
FIXED ASSETS, net of accumulated depreciation of $130,587 and $118,005, respectively | 40,088 | 19,462 |
OTHER ASSETS | ' | ' |
Mold Cost | 12,449 | 14,668 |
Deposits | 10,276 | 7,371 |
Total Other Assets | 22,725 | 22,039 |
TOTAL ASSETS | 648,162 | 818,828 |
CURRENT LIABILITIES | ' | ' |
Accounts payable and other current liabilities | 414,757 | 471,426 |
Payroll liabilities payable | 37,207 | 35,973 |
Accrued expenses | 113,655 | 124,753 |
Deferred revenue | 80,409 | 68,467 |
Note payable, convertible, net of discount of $0 as of September 30, 2014 and March 31, 2014 | ' | 50,000 |
Note payable, related party | 508,057 | 707,251 |
Lines of credit payable | 24,082 | 27,089 |
Total Current Liabilities | 1,178,167 | 1,484,959 |
Notes payable, long term | 80,000 | ' |
Notes payable, related party, long term | 586,364 | 23,846 |
Convertible notes payable, long term, net of $0 and $4,693 discount as of September 30, 2014 and March 31, 2014, respectively | 219,734 | 236,541 |
Convertible notes payable, long term, related party, net of discount of $0 and $315,721, as of September 30, 2014 and March 31, 2014, respectively | 34,011 | 293,436 |
Total Long Term Liabilities | 920,109 | 553,823 |
Total Liabilities | 2,098,276 | 2,038,782 |
STOCKHOLDERS' DEFICIT | ' | ' |
Preferred stock, no par value, 20,000,000 authorized shares, no shares issued and outstanding | ' | ' |
Common stock, no par value, 90,000,000 authorized shares, 72,130,998 and 52,970,332 shares issued and outstanding, respectively | 37,686,247 | 36,919,152 |
Stock payable | 121,968 | 31,080 |
Accumulated deficit | -39,258,329 | -38,170,186 |
Total Stockholders' Deficit | -1,450,114 | -1,219,954 |
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT) | $648,162 | $818,828 |
Consolidated_Balance_Sheets_Pa
Consolidated Balance Sheets (Parenthetical) (USD $) | Sep. 30, 2014 | Mar. 31, 2014 |
Consolidated Balance Sheets [Abstract] | ' | ' |
Accounts receivable, allowance for doubtful accounts | $4,063 | $4,063 |
FIXED ASSETS, accumulated depreciation | 130,587 | 118,005 |
Note payable, convertible, related party, discount | 0 | 0 |
Convertible notes payable, long term, discount | 0 | 4,693 |
Convertible notes payable, long term, related party, discount | $0 | $315,721 |
Common stock, shares authorized | 90,000,000 | 90,000,000 |
Common stock, shares issued | 53,370,332 | 52,970,332 |
Consolidated_Statements_of_Ope
Consolidated Statements of Operations (USD $) | 3 Months Ended | 6 Months Ended | ||
Sep. 30, 2014 | Sep. 30, 2013 | Sep. 30, 2014 | Sep. 30, 2013 | |
REVENUES | ' | ' | ' | ' |
Lab Revenue | $287,283 | $421,624 | $957,646 | $747,806 |
International Revenue | 219,711 | 2,046 | 504,794 | 3,314 |
Learning Center Revenue | 41,380 | 18,196 | 77,819 | 39,039 |
License and royalty Revenue | 6,165 | 4,572 | 16,845 | 10,065 |
Total Revenues | 554,539 | 446,438 | 1,557,104 | 800,224 |
COST OF SALES | 405,141 | 219,934 | 1,030,422 | 397,537 |
GROSS PROFIT | 149,398 | 226,504 | 526,682 | 402,687 |
OPERATING EXPENSES | ' | ' | ' | ' |
Salaries and wages | 258,164 | 145,884 | 460,441 | 295,183 |
Depreciation and amortization expense | 7,117 | 4,679 | 12,582 | 9,358 |
General and administrative expenses | 299,189 | 268,115 | 724,212 | 523,006 |
Total Operating Expenses | 564,470 | 418,678 | 1,197,235 | 827,547 |
OPERATING LOSS | -415,072 | -192,174 | -670,553 | -424,860 |
OTHER INCOME AND EXPENSES | ' | ' | ' | ' |
Interest Income | ' | ' | ' | 12 |
Interest expense | -345,811 | -36,712 | -417,590 | -65,486 |
Total Other Income and Expenses | -345,811 | -36,712 | -417,590 | -65,474 |
LOSS FROM CONTINUING OPERATIONS | -760,883 | -228,886 | -1,088,143 | -490,334 |
LOSS FROM DISCONTINUED OPERATIONS | ' | -11,933 | ' | -29,191 |
NET LOSS | -760,883 | -240,819 | -1,088,143 | -519,525 |
NET COMPREHENSIVE LOSS | -760,883 | -240,819 | -1,088,143 | -519,525 |
NET LOSS ATTRIBUTABLE TO COMMON SHAREHOLDERS | ($760,883) | ($240,819) | ($1,088,143) | ($519,525) |
Basic and diluted net income (loss) per common share: | ' | ' | ' | ' |
Basic and diluted loss per share from continuing operations | ($0.01) | $0 | ($0.02) | ($0.01) |
Basic and diluted loss per share from discontinued operations | $0 | $0 | $0 | $0 |
Basic and diluted net loss per share | ($0.01) | $0 | ($0.02) | ($0.01) |
Weighted Average Number of Shares Outstanding, Basic and Diluted | 60,843,159 | 50,166,265 | 60,825,672 | 49,732,439 |
Consolidated_Statements_of_Sto
Consolidated Statements of Stockholders' Equity (Deficit) (USD $) | Total | Capital Stock [Member] | Stock Payable [Member] | Accumulated Deficit [Member] | Other Comprehensive Income [Member] |
Balance at Mar. 31, 2014 | ($1,219,954) | $36,919,152 | $31,080 | ($38,170,186) | ' |
Balance, shares at Mar. 31, 2014 | ' | 52,970,332 | ' | ' | ' |
Stock for Services | 103,580 | 37,500 | 66,080 | ' | ' |
Stock for Services, shares | 400,000 | 750,000 | ' | ' | ' |
Stock for RSU's | 24,808 | ' | 24,808 | ' | ' |
Stock for RSU's, shares | ' | ' | ' | ' | ' |
Stock for Settlement | 22,000 | 22,000 | ' | ' | ' |
Stock for Settlement, shares | 750,000 | 400,000 | ' | ' | ' |
Conversion of Notes Payable | 696,373 | 696,373 | ' | ' | ' |
Conversion of Notes Payable, shares | 665,274 | 18,855,666 | ' | ' | ' |
Option/Warant Expense | 11,222 | 11,222 | ' | ' | ' |
Net Loss | -1,088,143 | ' | ' | -1,088,143 | ' |
Balance at Sep. 30, 2014 | ($1,450,114) | $37,686,247 | $121,968 | ($3,925,832) | ' |
Balance, shares at Sep. 30, 2014 | ' | 72,575,998 | ' | ' | ' |
Consolidated_Statements_of_Cas
Consolidated Statements of Cash Flows (USD $) | 6 Months Ended | |
Sep. 30, 2014 | Sep. 30, 2013 | |
CASH FLOWS FROM OPERATING ACTIVITIES | ' | ' |
Net Loss | ($1,088,143) | ($519,525) |
Adjustments to reconcile net loss to net cash provided (used) by operating activities: | ' | ' |
Debt discount amortization | 320,267 | 31,105 |
Depreciation and amortization | 14,801 | 9,358 |
Stock on settlement | 22,000 | ' |
Common stock issued for services | 62,308 | 2,275 |
Stock payable for service | 66,080 | 28,260 |
Amortization of fair value of stock options | 11,222 | 28,272 |
Bad debt | ' | 50,740 |
Changes in operating assets and liabilities: | ' | ' |
(Increase) decrease in accounts receivable | 309,129 | -13,151 |
(Increase) decrease in prepaid expenses | -74,078 | -3,850 |
(Increase) decrease in inventories | -55,367 | -29,701 |
(Increase) decrease in other current assets | ' | 737 |
(Increase) decrease in other assets | -2,905 | 2,219 |
(Decrease) increase in accounts payable and accrued liabilities | -18,282 | 170,408 |
Increase (decrease) in unearned revenue | 11,942 | -1,416 |
Stock payable for service | 9,000 | ' |
Net Cash Provided (Used) by Operating Activities | -421,026 | -244,269 |
CASH FLOWS FROM INVESTING ACTIVITIES | ' | ' |
Cash paid for purchase of fixed assets | -33,328 | ' |
Net Cash Used by Investing Activities | -33,328 | ' |
CASH FLOWS FROM FINANCING ACTIVITIES | ' | ' |
Repayment on LOC | -1,121 | 520,000 |
Borrowings on note payable | 80,000 | ' |
Proceeds from note payable - RP | 740,158 | -225,173 |
Principal payments on debt | -376,976 | ' |
Net Cash Provided by Financing Activities | 442,061 | 294,827 |
Foreign currency translation | ' | -3,534 |
Net Increase (Decrease) in Cash | -12,293 | 47,024 |
Cash at Beginning of Period | 27,860 | 247,246 |
Cash at End of Period | 18,472 | 294,270 |
NON-CASH INVESTING & FINANCING ACTIVITIES | ' | ' |
Common stock issued for services (stock payable) | ' | 1,640 |
Common stock issued for employee bonus (stock payable) | ' | 600 |
Conversion of Debt | 696,373 | 100,000 |
RSU Forfeiture | ' | 13,750 |
Debt discount | ' | 220,000 |
Sale of subsidiary | ' | 140,926 |
CASH PAID FOR: | ' | ' |
Interest | 102,176 | 36,712 |
Income Taxes | ' | $800 |
ORGANIZATION_AND_DESCRIPTION_O
ORGANIZATION AND DESCRIPTION OF BUSINESS | 6 Months Ended |
Sep. 30, 2014 | |
ORGANIZATION AND DESCRIPTION OF BUSINESS [Abstract] | ' |
ORGANIZATION AND DESCRIPTION OF BUSINESS | ' |
NOTE 1 - ORGANIZATION AND DESCRIPTION OF BUSINESS | |
The consolidated financial statements presented are those of PCS Edventures!.com, Inc., an Idaho corporation ( “the Company”). | |
On August 3, 1994, PCS Education Systems, Inc. was incorporated under the laws of Idaho to develop and operate stand-alone learning labs. | |
In October 1994, PCS exchanged common stock on a one-for-one basis for common stock of PCS Schools, Inc. As a result of this exchange, PCS Schools, Inc. became a wholly owned subsidiary of PCS. In the late 1990s, the Company divested the stand-alone learning labs to focus more on a hands-on module coupled with web-based technology for use in the classroom. | |
On March 27, 2000, PCS changed its name from PCS Education Systems, Inc. to PCS Edventures!.com, Inc. On September 26, 2014 the shareholders voted for the proposal to grant the board of directors the authority to change the name of the company in a fashion that will remove the .com but retain the current brand. | |
On November 30, 2005, PCS entered into an agreement with 511092 N.B. LTD., a Canadian corporation (LabMentors) to exchange PCS common stock for common stock of 511092 N.B. LTD. as disclosed in the 8-K as filed with the Securities and Exchange Commission (the “SEC”) on December 9, 2005 and amended on February 15, 2006. As a result of the definitive Share Exchange Agreement, 511092 N.B. LTD. became a wholly owned subsidiary of the Company. In December 2005, the name of this subsidiary was formally changed to PCS LabMentors, Ltd. It remains a Canadian corporation. The Company had a memo of understanding with a company for the potential sale of LabMentors in Quarter ending June 30th, 2013. The Company divested the wholly owned subsidiary in August of 2013. | |
In January of 2012, PCS Edventures!.com Inc. committed to a business plan enhancement which included the opening, operating, and licensing of EdventuresLab private learning centers and launched a pilot in the spring of 2012. As of June 30, 2014 two EdventuresLab programs have been opened and are operating in the Idaho Treasure Valley. | |
On January 31, 2013, PCS Edventures!.com, Inc. formed a subsidiary called Premiere Science Inc. incorporated and registered in the State of Idaho. The subsidiary is 100% wholly owned by PCS Edventures!.com,Inc. and was formed to use as an additional sales and marketing tool to gain other business opportunities. There were no operations for the subsidiary during the quarter year ended September 30, 2014. |
UNAUDITED_CONSOLIDATED_FINANCI
UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS | 6 Months Ended |
Sep. 30, 2014 | |
UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS [Abstract] | ' |
UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS | ' |
NOTE 2 - UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS | |
The September 30, 2014, consolidated financial statements presented herein are unaudited, and in the opinion of management, include all adjustments (consisting of only normal recurring accruals) necessary for a fair presentation of financial position, results of operations and cash flows. Such financial statements do not include all of the information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States of America. This Quarterly Report on Form 10-Q should be read in conjunction with the Annual Report on Form 10-K for PCS Edventures!.com for the fiscal year ended March 31, 2014. The March 31, 2014, consolidated balance sheet is derived from the audited balance sheet included therein. | |
The operating results for the period ended September 30, 2014, are not necessarily indicative of the results that may be expected for the fiscal year ending March 31, 2015. |
GOING_CONCERN
GOING CONCERN | 6 Months Ended |
Sep. 30, 2014 | |
GOING CONCERN [Abstract] | ' |
GOING CONCERN | ' |
NOTE 3 - GOING CONCERN | |
The Company's consolidated financial statements are prepared using accounting principles generally accepted in the United States of America applicable to a going concern that contemplates the realization of assets and liquidation of liabilities in the normal course of business. The established sources of revenues are not sufficient to cover the Company's operating costs. The Company has accumulated significant losses and payables and generated negative cash flows. The combination of these items raises substantial doubt about its ability to continue as a going concern. Management's plans with respect to alleviating this adverse position are as follows: | |
During the fiscal year ended March 31, 2014, PCS continued its transition to more effective marketing and sales strategies including focused targeting of afterschool markets, building a personal sales force to penetrate the classroom market, and expanding its channel partners who already have market penetration. PCS doubled its field sales force in Q3 and Q4 and plans to continue this expansion in FY2015 by adding on additional channel partners and expanding its internal sales force. PCS also recognizes that its experience in operating learning centers creates a unique opportunity to supplement the current PCS business model through opening learning centers through licensing arrangements that will facilitate fast growth. This approach combines PCS expertise in experiential learning with its considerable store of intellectual property comprised of learning frameworks, content, proprietary hardware, and software developed over the past two decades while increasing the throughput of our existing direct sales efforts. This marketing approach will incorporate the large body of PCS intellectual property into an afterschool program that families will pay tuition to attend. | |
The business plan proposes the continued promotion and growth of the PCS Edventures Lab to further demonstrate proof of the concept, and PCS opened a second Edventures Lab in Eagle, Idaho in Q1 of FY2015. The premise of the EdventuresLab aspect of the business plan is two-fold: 1) EdventuresLab revenues will be more consistent and predictable for the Company to plan and manage cash and growth; and 2) an established network of EdventuresLabs will serve as highly effective “showrooms” for sales of PCS products and services into neighboring districts. Further, they will build significant community awareness and brand awareness in the communities they are established. Also of note, close partnerships with schools provide an opportunity to test and improve PCS products on a regular basis and the EdventuresLab environment is a highly effective R&D environment for the development of PCS STEM products. | |
Regarding International expansion, PCS signed a license and royalty agreement with Creya Learning of India (CL) in 2011. CL is using PCS content and support services to implement experiential learning curriculums into Indian schools and to build out a network of experiential learning centers in India that function as an integrated K12 STEM program within these schools. PCS, as part of the license agreement, will receive ongoing royalties on the tuition charged to students attending PCS based programs. | |
Product development in Q1 FY2015 has focused on continued improvements and refinements to PCS products and curriculum creating a digital learning management system for delivering content and training, With the launch of a new 3D interactive engineering curriculum, and the creation and launch of all new PCS Robotics related materials we are pursuing an aggressive upgrade strategy with our hardware and software. Executive management continues in its conviction that the K12 educational robotics market represents a significant market opportunity for PCS products and has committed resources to product development, inventory, and sales and marketing to pursue this opportunity. | |
The Q4 FY2014 addition of Britt Ide to the Board of Directors has brought significant expertise in corporate governance and planning, and the fresh perspective of a woman engineer passionate about the need and opportunity for STEM education. In June of FY2015, Andrew J. Scoggin joined the PCS Board of Directors bringing a rich background of executive management, entrepreneurial spirit, and increased attention to financial rigor. During FY2015, PCS plans to expand and strategically recruit new board members who can help the management team focus and execute its business plan. | |
Revenue for the period ending September 30, 2014 was $1,557,104 compared to revenue of $800,224, up approximately 94,58% compared to the same period last fiscal year. Net loss for the six months ended was ($1,088,143), compared to ($490,334), a 122% increase from the same period last year resulting from $320,267 of note payable discount taken to interest expense on note conversion, $632,885 increased cost of goods, investments in R&D and marketing, with some mitigation by continued effort to keep costs down. Cash flow from operations for the six months ended September 30, 2014 was $(421,026), which partially had to do with order fulfillment delays related to International operations, and inventory delays. | |
While the efforts put in by management and the entire employee team are beginning to be realized, as illustrated by increase in revenues this quarter, the ability of the Company to continue as a going concern is dependent upon our ability to successfully accomplish the plans described to raise capital as needed, to continue to monitor and reduce overhead costs, and to attain profitable operations. The accompanying consolidated financial statements do not include any adjustments that might be necessary if the Company is unable to continue as a going concern. |
PREPAID_EXPENSES
PREPAID EXPENSES | 6 Months Ended | ||||||||
Sep. 30, 2014 | |||||||||
PREPAID EXPENSES [Abstract] | ' | ||||||||
PREPAID EXPENSES | ' | ||||||||
NOTE 4 – PREPAID EXPENSES | |||||||||
Prepaid expenses for the periods are as follows: | |||||||||
September 30, 2014 | March 31, 2014 | ||||||||
Prepaid insurance | $ | 3,753 | $ | 9,709 | |||||
Prepaid trade show/travel | — | 1,150 | |||||||
Prepaid inventory | 106,280 | 38,452 | |||||||
Prepaid software | 26,017 | 11,457 | |||||||
Prepaid expenses, other | 6,933 | 8,138 | |||||||
Total Prepaid Expenses | $ | 142,983 | $ | 68,906 |
FIXED_ASSETS
FIXED ASSETS | 6 Months Ended | ||||||||
Sep. 30, 2014 | |||||||||
FIXED ASSETS [Abstract] | ' | ||||||||
FIXED ASSETS | ' | ||||||||
NOTE 5 - FIXED ASSETS | |||||||||
Assets and depreciation for the periods are as follows: | |||||||||
September 30, 2014 | March 31, 2014 | ||||||||
Computer/office equipment | $ | 43,320 | $ | 10,112 | |||||
Software | 127,355 | 127,355 | |||||||
Accumulated depreciation | (130,587 | ) | (118,005 | ) | |||||
Total Fixed Assets | $ | 40,088 | $ | 19,462 | |||||
Fixed asset depreciation expense for the six months ended September 30, 2014 and 2013 was $12,582 and $9,358, respectively. | |||||||||
ACCRUED_EXPENSES
ACCRUED EXPENSES | 6 Months Ended | ||||||||
Sep. 30, 2014 | |||||||||
ACCRUED EXPENSES [Abstract] | ' | ||||||||
ACCRUED EXPENSES | ' | ||||||||
NOTE 6 - ACCRUED EXPENSES | |||||||||
Accrued expenses for the periods are as follows: | |||||||||
September 30, 2014 | March 31, 2014 | ||||||||
Interest payable | 53,748 | 67,933 | |||||||
Sales tax payable | 3,918 | 3,442 | |||||||
Credit card debt | 55,428 | 43,853 | |||||||
Professional fees: legal, accounting & other | 561 | 9,525 | |||||||
Total accrued expenses | $ | 113,655 | $ | 124,753 | |||||
NOTES_PAYABLE
NOTES PAYABLE | 6 Months Ended | |||||||||||
Sep. 30, 2014 | ||||||||||||
NOTES PAYABLE [Abstract] | ' | |||||||||||
NOTES PAYABLE | ' | |||||||||||
NOTE 7 – NOTES PAYABLE | ||||||||||||
Notes payable consisted of the following: | ||||||||||||
30-Sep-14 | 31-Mar-14 | |||||||||||
Short Term Note Payable, Related Party | $ | 508,251 | $ | 707,251 | ||||||||
Short Term Convertible Note, net discount of $0 as of September 30, 2014 and March 31, 2014 | — | 50,000 | ||||||||||
Line of Credit | 24,082 | 27,089 | ||||||||||
Long Term Note Payable | 80,000 | — | ||||||||||
Long Term Note Payable, Related Party | 586,364 | 23,846 | ||||||||||
Convertible notes payable, long term, net of $0 and $4,693 discount as of September 30, 2014 and March 31, 2014, respectively | 219,734 | 236,541 | ||||||||||
Convertible notes payable, long term, related party, net of discount of $0 and $315,721, as of September 30, 2014 and March 31, 2014, respectively | 34,011 | 293,436 | ||||||||||
Total Notes Payable | $ | 1,452,248 | $ | 1,338,163 | ||||||||
Long Term Note Payable | ||||||||||||
On May 1, 2014, the company entered into a 36 month note payable of $20,000. The note bears interest at twelve percent (12%) per annum. Total interest accrued as of September 30, 2014 was $1,006. | ||||||||||||
On April 11, 2014, the Company entered into a 36 month note payable of $60,000. The note bears interest at twelve percent (12%) per annum. Total interest accrued as of September 30, 2014 was $3,393. There is no conversion feature associated with this promissory note. | ||||||||||||
Note Payable – Related Party | ||||||||||||
On December 30, 2011, the Company entered into a note payable in the amount of $30,000. The note bears interest at ten percent (10%) per annum and was due on February 28, 2012 with no conversion feature. This note extended under the same terms and conditions to March 31, 2015. Total interest accrued as of September 30, 2014 was $8,014. | ||||||||||||
On January 13, 2012, the Company entered into two separate promissory notes, which are non-convertible, in the amount of $35,000 each for an aggregate amount of $70,000. The notes bear interest at nine percent (9%) per annum and are due and payable on or before January 10, 2013. Minimum monthly payments of 1.5% of the loan balances are required and are submitted to Lenders' financial institution. The note was amended April 1, 2013 and re-written with a new principal amount of $32,100 each for an aggregate amount of $64,200. The notes bear interest at nine percent (9%) per annum and are due and payable on or before April 1, 2020. The underlying loan requires that the Company pay to the lenders financial institution monthly payments of $1,033 on or before the 1st day of each month, beginning May 1, 2013, and continuing each month in like amount until the final payment due on April 1, 2020. The company has paid $10,642 in principal leaving a balance of $53,558 at September 30, 2014. | ||||||||||||
On February 26, 2013, we executed a promissory note with one of our shareholders, for $65,000 at 15% interest per annum, secured by seven of our sales orders to finance inventory purchases. The promissory note was due on or before April 20, 2013. There is no conversion feature associated with this promissory note. A payment of $20,000 was made against the principal on the note on April 1, 2013. The remaining $45,000 was extended and made part of the $95,000 convertible promissory note issued on May 24, 2013 which included an additional $50,000 promissory note as describe in the 8-K filed on May 24, 2013, with a maturity date of August 24, 2016 (See Convertible Note Payable – Related Party). The debt discount was calculated as $21,923. This note was converted on July 21, 2014 with total accrued interest of $6,041 into 3,108,944 shares. During the period ended September 30, 2014, $1,639 discount was amortized and the remaining debt discount of $15,322 was fully expensed upon conversion. Due to conversion within the terms of the note, no gain or loss was recognized. | ||||||||||||
On March 22, 2013, we entered into a loan transaction that bears interest at a rate of 8% per annum, secured with one of our board members in the amount of $25,000. The note is secured by three of our accounts receivables to finance inventory purchases. This note was extended on September 30, 2013 and reclassed to a long term convertible promissory note with board member and shareholder of an 8% Convertible Promissory Note in the amount of $25,000, convertible into shares of common stock of the Company, at a price of $0.04 per share (See Convertible Note Payable – Related Party), which represents a 50% discount from the market price as of the date of the note. The note is due 36 months from the date of the note on or before September 30, 2016. The debt discount was calculated as $25,000. This note was converted on July 21, 2014 with total accrued interest as of July 21, 2014 was $1,611 into 665,274 shares. During the period ended September 30, 2014, $455 discount was amortized and the remaining $21,499 was fully expensed up conversion. Due to conversion within the term of the note, no gain or loss was recognized. | ||||||||||||
On January 22, 2014 the Company entered into a loan transaction with one of our board members in the amount of $200,000, which was non-convertible. The note bears interest at a rate of 15% per annum, secured by Catapult PO NA1314-001 to finance inventory purchases and payoff the promissory notes dated January 7 and January 15, 2014. The promissory note and all accrued interest were due and payable on April 30, 2014. This note was paid in full including all accrued interest on April 8, 2014. | ||||||||||||
On February 13, 2014 the Company entered into a loan transaction with one of our board members in the amount of $250,000, which was non-convertible. The note bears interest at a rate of 15% per annum, secured by Tatweer Company for Educational Services Mobile Outreach Saudi Work Order 001 to finance inventory purchases. The promissory note and all accrued interest were due and payable on May 13, 2014. This note was extended to September 30, 2014, to account for the delay in invoice acceptance and payment by Tatweer Company for Educational Services. On September 9, 2014, the Company accrued and paid interest in the amount of $20,445. As of September 30, 2014 the remaining principal balance of $250,000 remains outstanding. | ||||||||||||
On February 21, 2014 the Company entered into a loan transaction with one of our board members in the amount of $70,000, which was non-convertible. The note bears interest at a rate of 15% per annum, secured by Catapult Learning PO NA1314-090 to finance inventory purchases. The promissory note and all accrued interest were due and payable on April 30, 2014. This note was paid in full including all accrued interest on April 22, 2014. | ||||||||||||
On March 4, 2014 the Company entered into a loan transaction with one of our board members in the amount of $50,000. The note is non-convertible and bears interest at a rate of 15% per annum, secured by T4EDU Training Academy Contract to finance inventory purchases. The promissory note and all accrued interest were due and payable on April 30, 2014. $37,500 of this note was paid during the period and the remaining $12,500 was extended and rolled into a new promissory note dated July 21, 2014 for $105,000 (includes a $75,000 and $17,500 promissory notes) with interest at 15% per annum due on or before August 30, 2014. Total accrued interest as of September 30, 2014 on the original note was $1,377. (See note dated July 21, 2014) | ||||||||||||
On April 3, 2014, the Company executed a promissory note with one of our board members, for $60,000 at 15% interest per annum, secured by sales orders finance operations and inventory purchases. The promissory note was due April 30, 2014. There is no conversion feature associated with this promissory note. The note was replaced with on note dated July 28, 2014. Total interest accrued up through date of replacement was $2,860. | ||||||||||||
On April 15, 2014, the Company executed a promissory note with one of our board members, for $160,000 at 15% interest per annum, secured by sales orders to finance operations and inventory purchases. The promissory note was due June 30, 2014. There is no conversion feature associated with this promissory note. The note was extended to September 30, 2014. This note was replaced by three different notes: $25,000 note payable executed June 3, 2014 (which was replaced by a $25,000 note dated June 28, 2014); $60,000 note payable executed August 20, 2014; $75,000 of the $150,000 note payable executed June 27, 2014 (which was replaced by three other notes dated August 20, 2014, August 07, 2014 and July 28, 2014). Total Interest accrued during the period, up through the dates of replacement, is $4,159. | ||||||||||||
On May 1, 2014 the Company executed a promissory note with one of our shareholders and board members, for $60,000 at 15% interest per annum, secured by sales orders to finance operations and inventory purchases. The promissory note was due July 15, 2014. There is no conversion feature associated with this promissory note. The note was extended to September 30, 2014. During the period ended September 30, 2014, the notes were separated split into two notes, $17,500 and $42,500 and included in two separate notes dated July 21, 2014 for $105,000 and July 28, 2014 for $210,000, respectively. | ||||||||||||
On May 5, 2014 the Company executed a promissory note with one of our shareholders and board members, for $145,000 at 15% interest per annum, secured by sales orders to finance operations and inventory purchases. The promissory note was due July 15, 2014. There is no conversion feature associated with this promissory note. The note was extended to September 30, 2014. Total Interest accrued as of September 30, 2014 is 3,277. | ||||||||||||
On May 16, 2014 the Company executed a promissory note with one of our shareholders and board members, for $150,000 at 15% interest per annum, secured by sales orders to finance operations and inventory purchases. The promissory note was due September 30, 2014. There is no conversion feature associated with this promissory note. $75,000 of this note was added to a $150,000 note payable executed June 21, 2014. The other $75,000 was added to another $150,000 note dated June 27, 2014. Total interest accrued up through dates of replacement was $3,329. | ||||||||||||
On May 21, 2014 the Company executed a promissory note with one of our shareholders and board members, for $50,000 at 15% interest per annum, secured by sales orders to finance operations and inventory purchases. The promissory note was due August 30, 2014. There is no conversion feature associated with this promissory note. This promissory note was rolled into promissory note dated July 28, 2014 for $210,000. Total interest accrued up through the date of replacement was $5,523. | ||||||||||||
On June 3, 2014 the Company executed a promissory note with one of our shareholders and board members (part of a replacement note for promissory note dated April 15, 2014), for $25,000 at 15% interest per annum, secured by sales orders to finance operations and inventory purchases. The promissory note was due September 3, 2014. There is no conversion feature associated with this promissory note. This promissory note was rolled into a promissory note dated July 28, 2014 for $210,000. Total Interest accrued up through the date of replacement was $565. | ||||||||||||
On June 27, 2014 the Company executed a promissory note with one of our shareholders and board members, for $150,000 at 15% interest per annum (compose of two separate $75,000 notes that was previously issued and replaced dated May 16, 2014 and April 16,2014, respectively), secured by sales orders to finance operations and inventory purchases. The promissory note was due September 30, 2014. There is no conversion feature associated with this promissory note. This note is replaced by three different notes: $63,000 note payable executed on August 20, 2014, a part of the $123,000 promissory note; $25,000 note payable executed on August 7, 2014; and $32,500 note executed on July 28, 2014. The remaining principal and accrued interest balance as of September 30, 2014 is $29,500 and $3,165, respectively. | ||||||||||||
On July 21, 2014 the Company executed a promissory note with one of our shareholders and board members, for $105,000 at 15% interest per annum, secured by T4EDU Contract 0006/2014, to finance operations and inventory purchases. The promissory note is due October 31, 2014. There is no conversion feature associated with this promissory note. This promissory note composed of prior issued notes dated March 4, 2014 for $12,500; May 1, 2014 for $17,500; and May 16, 2014 for $75,000. Total Interest accrued as of September 30, 2014 was $2,244. | ||||||||||||
On July 21, 2014, the Company converted $646,500 in convertible long term related party, notes payable, and the related $49,874 in accrued interest (individual notes identified in the convertible related parties notes payable section of (See Convertible note – related party). The strike price varied from $0.0325 to .065 depending on the note terms. The conversion resulted in 18,455,666 shares of common stock. | ||||||||||||
On July 28, 2014, the Company executed a promissory note with one of our shareholders and board members, for $210,000 at 15% interest per annum, secured by T4EDU Contract 0006/2014, to finance operations and inventory purchases. The promissory note is due October 31, 2014. There is no conversion feature associated with this promissory note. This promissory note composed of prior issued notes dated April 3, 2014 for $60,000; May 1, 2014 for $42,500; May 21, 2014 for $50,000; June 3, 2014 for $25,000 and June 27, 2014 for $32,500. Total Interest accrued as of September 30, 2014 was $5,523. | ||||||||||||
On July 28, 2014 the Company executed a promissory note with one of our shareholders and board members, for $100,000 at 5% interest per annum, secured by sales orders to finance operations and inventory purchases. The promissory note is due November 28, 2014. There is no conversion feature associated with this promissory note. Total interest accrued as of September 30, 2014 is $877 | ||||||||||||
On August 7, 2014 the Company executed a promissory note with one of our shareholders and board members, for $25,000 at 15% interest per annum, secured by sales orders to finance operations and inventory purchases. The promissory note was due October 31, 2014. There is no conversion feature associated with this promissory note. This note replaced prior issued note dated June 27, 2014. Total interest accrued as of September 30, 2014 was $555. | ||||||||||||
On August 20, 2014 the Company executed a promissory note with one of our shareholders and board members, for $123,000 at 15% interest per annum, secured by sales orders to finance operations and inventory purchases. The promissory note was due November 30, 2014. There is no conversion feature associated with this promissory note. This notes replaced prior issued note dated June 27, 2014 for $63,000 and April 15, 2014 for $60,000. Total Interest accrued as of September 30, 2014 was $2,072. | ||||||||||||
Line of Credit | ||||||||||||
On September 13, 2011, the Company drew down a line of credit at a financial institution in the amount of $39,050. The line of credit bears interest at 17.5% per annum. The Company makes variable monthly payments. As of September 30, 2014, the Company has paid $15,763 in principal leaving a balance of $23,287 payable. | ||||||||||||
Convertible Note Payable – Non-related party | ||||||||||||
On August 1, 2012, the Company issued amendments to the convertible note agreements (convertible into common stock at a rate of $0.15 per share) in the aggregated amount of $215,000 and extended the due date with the repayments in the amount of $40,000 per quarter to begin April, 2013, and the final payments due in August, 2014, with any remaining balance due at that time. In consideration for extending the due date of the promissory notes, the expiration dates on the warrants issued (fully expensed in the prior period) on March 31, 2011 and June 27, 2011, were amended and extended an additional three years, making the new expiration dates August 1, 2017. At the Lender's sole option, Lenders may elect to receive payment of their respective note and all accrued interest in restricted common stock of the Borrower at the price per share of said common stock at same rate as the warrants. Subsequently and effective June 7, 2013, we executed an amendment to the loan transaction. The amended transaction involved the extension of the Promissory Note from April 30, 2013 to April 30, 2016, with the creditors waiving any default under the previous note. The company made interest payments to each of the eight note holders for all accrued interest from August 1, 2012 to April 30, 2013 for consideration of the extension. On the fourth extension, all accrued interest was combined with the original principal amount as of July 31, 2012. The company has agreed to make quarterly interest payments to each of the note holders during the term of the extension. All other terms of the previous Promissory Note, Security Agreement and related warrants remain in full force and effect. As of September 30, 2014, the ending principle balance was $243,745, including the related party convertible note balance of $34,011 noted below. Interest accrued as of September 30, 2014 for the total set of notes was $23,420. | ||||||||||||
On April 30, 2013, the Company entered into a loan transaction with an “accredited investor” for a Promissory Note, payable with interest at 8% per annum in the amount of $5,000, convertible into shares of common stock of the Company at a price of $0.20 per share. The note is due twenty-four months from the date of the note, on or before August 31, 2015. Total accrued interest as of September 30, 2014 was $601. | ||||||||||||
On July 30, 2013, the Company entered into a loan transaction with an “accredited investor” for a promissory Note, payable with interest at 8% per annum in the amount of $5,000, convertible into shares of common stock of the Company at a price of $0.20 per share. The note is due twenty-four months from the date of the note, on or before July 30, 2015. No debt discount was recognized as the conversion price is considered “out of the money”, therefore no discount was necessary. Total accrued interest as of September 30, 2014 was $520. | ||||||||||||
Convertible Note Payable – Related Party | ||||||||||||
For the transactions described above in regard to the original $215,000 convertible notes, $34,011 was loaned from a related party and has been separated out as described in the Company's financial statements and accompanying notes at March 31, 2013. Interest expense for the related party convertible note with the ending September 30, 2014 principle balance was $3,945. | ||||||||||||
On February 26, 2013, we executed a promissory note with one of our shareholders, for $65,000 at 15% interest per annum, secured by seven of our sales orders to finance inventory purchases. The promissory note was due on or before April 20, 2013. There is no conversion feature associated with this promissory note. A payment of $20,000 was made against the principal on the note on April 1, 2013. The remaining $45,000 was extended and made part of the $95,000 convertible promissory note issued on May 24, 2013 which included an additional $50,000 promissory note as describe in the 8-K filed on May 24, 2013, with a maturity date of August 24, 2016 and conversion rate of $0.0325. The debt discount was calculated as $21,923. This note was converted on July 21, 2014 with total accrued interest of $6,041 into 3,108,944 shares. During the period ended September 30, 2014, $1,639 discount was amortized and the remaining debt discount of $15,322 was fully expensed upon conversion. Due to conversion within the terms of the note, no gain or loss was recognized. | ||||||||||||
On February 29, 2012, the Company entered into three separate convertible promissory notes in the aggregate amount of $100,000. The notes bear interest at ten percent (10%) per annum and were due on May 30, 2012. At the sole option of each respective Lender, the outstanding balance of the notes may be converted into shares of restricted Rule 144 common stock of the Borrower at a price per share of $0.05. In the event Lender elects to convert any outstanding balance due under this note into such shares, Lender shall give written notice to the Borrower seven (7) days prior to the effective date of such exercise. At Borrower's sole option, Borrower may elect to pay Lender in cash up to one-half (1/2) of the then principal and interest due under the note. In such event, the remaining balance of principal and interest shall be converted as provided under the note agreement. On June 14, 2012, one of the notes, in the amount of $50,000, was converted into 1,028,770 shares of our “restricted” common stock in accordance with the terms of the convertible promissory note. The remaining two notes were extended, with no changes to the terms, were due and payable on June 30, 2014. On July 21, 2014 the principal balance of the notes at $35,000 and $15,000 totaling to the $50,000 plus the accrued interest of $11,959 was converted into 1,239,178 shares of our “restricted” common stock in accordance with the terms of the convertible promissory note. Discount recognized on the convertible note were fully expensed in the prior period. Due to conversion within the terms of the note, no gain or loss was recognized. | ||||||||||||
On December 3, 2012, the Company entered into a long term convertible promissory note with a board member and shareholder in the amount of $45,000. The note is convertible into common stock at a rate of $0.04 per share. The note bears interest at eight (8%) per annum and is due 36 months from the date of the agreement, on or before December 03, 2015. The proceeds from the note were used by the company to pay off the Security Purchase Agreement (tranche 2) issued on June 4, 2012, along with any accrued interest, penalties and administrative costs. The debt discount was calculated as $18,255, of which $5,300 was amortized during the twelve months ended March 31, 2014, leaving the discount balance remaining of $11,722. This note was converted on July 21, 2014 with total accrued interest of $1,105 into 1,152,617 shares of our “restricted” common stock in accordance with the terms of the convertible promissory note. During the period ended September 30, 2014, $1,471 discount was amortized and the remaining $10,251 was fully expensed upon conversion of the promissory note. Due to conversion within the terms of the note, no gain or loss was recognized. | ||||||||||||
On January 11, 2013, the Company entered into an 8% Convertible Promissory Note with an “accredited investor,” in the amount of $21,500, convertible into shares of common stock of the Company, at the market price of $0.065. The note is due thirty six months from the date of note. The note is secured by a secondary security interest in all of the Company's intellectual property. The proceeds received by the Company from the sale of this note were used by the Company for prepaying the Promissory Note dated June 5, 2012 (Tranche 3) issued to Asher Enterprises, Inc., as well as any administrative costs associated with the payment. This final payment completes and pays off all outstanding notes with Asher Enterprises. The Company recognized a discount on the debt issued related to the derivative liability. This debt discount was calculated as $9,285, of which $4,592 was amortized during the twelve months ended March 31, 2014. This note was converted on July 21, 2014 with total accrued interest of $1,385 into 352,084 shares of our “restricted” common stock in accordance with the terms of the convertible promissory note. During the period ended September 30, 2014, $740 discount was amortized and the remaining $3,953 was fully expensed upon conversion of the promissory note. Due to conversion within the terms of the note, no gain or loss was recognized. | ||||||||||||
On March 22, 2013, we entered into a loan transaction that bears interest at a rate of 8% per annum, secured with one of our board members in the amount of $25,000. The note is secured by three of our accounts receivables to finance inventory purchases. This note was extended on September 30, 2013 and reclassed to a long term convertible promissory note with board member and shareholder of an 8% Convertible Promissory Note in the amount of $25,000, convertible into shares of common stock of the Company, at a price of $0.04 per share, which represents a 50% discount from the market price as of the date of the note. The note is due 36 months from the date of the note on or before September 30, 2016. The debt discount was calculated as $25,000. This note was converted on July 21, 2014 with total accrued interest as of July 21, 2014 was $1,611 into 665,274 shares. During the period ended September 30, 2014, $455 discount was amortized and the remaining $21,499 was fully expensed up conversion. Due to conversion within the term of the note, no gain or loss was recognized. | ||||||||||||
On September 30, 2013, the Company entered into a long term convertible promissory note with board member and shareholder of an 8% Convertible Promissory Note in the amount of $150,000, convertible into shares of common stock of the Company, at a price of $0.04 per share, which represents a 50% discount from the market price as of the date of the note. The note is due 36 months from the date of the note on or before September 30, 2016. The debt discount was calculated as $150,000, of which $18,579 was amortized during the twelve months ended March 31, 2014, leaving the discount balance remaining of $131,421. This note was converted on July 21, 2014 with total accrued interest of $9,666 into 3,991,644 shares of our “restricted” common stock in accordance with the terms of the convertible promissory note. During the period ended September 30, 2014, $2,728 was amortized and the remaining $128,693 was fully expensed upon conversion of the promissory note. Due to conversion within the terms of the note, no gain or loss was recognized. | ||||||||||||
On September 30, 2013, the Company entered into a Promissory Note in the amount of $260,000 with one of our board members, payable with interest at 10% per annum, in cash on or before November 29, 2013. The Promissory Note funded payables and other corporate purposes of borrower. This note is secured by that certain license agreement and other agreements between borrower and Kindle Education, now Creya Learning. A long-term Convertible Promissory Note (convertible at a rate of $0.035 per share) was executed on January 8, 2014 that replaced the September 30, 2013, payable with interest at 8% per annum on or before January 8, 2017. The debt discount was calculated as $156,000, of which $22,286 was amortized during the twelve months ended March 31, 2014, leaving the discount balance remaining of $133,714. This note was converted on July 21, 2014 with total accrued interest of $18,107 into 7,945,925 shares of our “restricted” common stock in accordance with the terms of the convertible promissory note. During the period ended September 30, 2014, $12,251 was amortized and the remaining $121,463 was fully expensed upon conversion of the promissory note. Due to conversion within the terms of the note, no gain or loss was recognized. |
FAIR_VALUE_OF_FINANCIAL_INSTRU
FAIR VALUE OF FINANCIAL INSTRUMENTS | 6 Months Ended | |||||||||||||||||
Sep. 30, 2014 | ||||||||||||||||||
FAIR VALUE OF FINANCIAL INSTRUMENTS [Abstract] | ' | |||||||||||||||||
FAIR VALUE OF FINANCIAL INSTRUMENTS | ' | |||||||||||||||||
NOTE 8 – FAIR VALUE OF FINANCIAL INSTRUMENTS | ||||||||||||||||||
On January 1, 2008, the Company adopted guidance that defines fair value, establishes a framework for using fair value to measure financial assets and liabilities on a recurring basis, and expands disclosures about fair value measurements. Beginning on January 1, 2009, the Company also applied the guidance to non-financial assets and liabilities measured at fair value on a non-recurring basis, which includes goodwill and intangible assets. The guidance establishes a hierarchy for inputs used in measuring fair value that maximizes the use of observable inputs and minimizes the use of unobservable inputs by requiring that the most observable inputs be used when available. Observable inputs are inputs that market participants would use in pricing the asset or liability developed based on market data obtained from sources independent of the Company. Unobservable inputs are inputs that reflect the Company's assumptions of what market participants would use in pricing the asset or liability developed based on the best information available in the circumstances. The hierarchy is broken down into three levels based on the reliability of the inputs as follows: | ||||||||||||||||||
Level 1 - Inputs are unadjusted quoted prices in active markets for identical assets or liabilities that the Company has the ability to access at the measurement date. | ||||||||||||||||||
Level 2 - Inputs include quoted prices for similar assets and liabilities in active markets, quoted prices for identical or similar assets or liabilities in markets that are not active, inputs other than quoted prices that are observable for the asset or liability (e.g., interest rates, yield curves, etc.), and inputs that are derived principally from or corroborated by observable market data by correlation or other means (market corroborated inputs). | ||||||||||||||||||
Level 3 - Unobservable inputs that reflect our assumptions about the assumptions that market participants would use in pricing the asset or liability. | ||||||||||||||||||
The following schedule summarizes the valuation of financial instruments at fair value on a recurring basis in the balance sheets as of September 30, 2014 and March 31, 2014: | ||||||||||||||||||
Fair Value Measurements at September 30, 2014 | ||||||||||||||||||
Liabilities | Level 1 | Level 2 | Level 3 | Gain/(loss) | ||||||||||||||
$ | — | $ | — | — | — | |||||||||||||
$ | — | $ | — | — | — | |||||||||||||
Fair Value Measurements at March 31, 2014 | ||||||||||||||||||
Liabilities | Level 1 | Level 2 | Level 3 | Gain/(loss) | ||||||||||||||
$ | — | $ | — | — | — | |||||||||||||
$ | — | $ | — | — | — | |||||||||||||
DISCONTINUED_OPERATIONS
DISCONTINUED OPERATIONS | 6 Months Ended |
Sep. 30, 2014 | |
DISCONTINUED OPERATIONS [Abstract] | ' |
DISCONTINUED OPERATIONS | ' |
NOTE 10 – DISCONTINUED OPERATIONS | |
On July 31, 2013, the Company signed a Memorandum of Understanding with a Canadian company owned by Joseph Khoury (“JAK”) proposing a purchase agreement in which JAK shall purchase LabMentors from PCS for USD $150,000. JAK has agreed to assume 100% of LabMentors outstanding liabilities and to pay the remainder of the USD $150,000 through a note payable. The note shall carry an annual interest rate of 3% compounded annually and be paid over a period of 60 months in equal monthly payments beginning in month 13 of the 60 month period. This sale was finalized during the period ending September 30, 2013. | |
The results of discontinued operations is a net loss of ($11,933) and ($71,949) for the quarter ended September 30, 2013 and 2012. The assets and liabilities of PCS LabMentors were segregated in the balance sheet and appropriately labeled as discontinued. As of the LabMentors sale, income and expenses are netted in the income statement and appropriately labeled as discontinued operations. A full allowance of 50,740 was recorded for the promissory note. |
COMMITMENTS_AND_CONTINGENCIES
COMMITMENTS AND CONTINGENCIES | 6 Months Ended |
Sep. 30, 2014 | |
COMMITMENTS AND CONTINGENCIES [Abstract] | ' |
COMMITMENTS AND CONTINGENCIES | ' |
NOTE 11 - COMMITMENTS AND CONTINGENCIES | |
a. Operating Lease Obligation | |
The Company leases its main office under a non-cancelable lease agreement accounted for as an operating lease. The lease expired in May 2012. This lease was extended for 13 months beginning June 1, 2012. Rent expense for the corporate offices was $21,196 and 26,041 for the quarter ended September 30, 2014 and 2013, and $99,318 and $107,717 for the twelve months ended March 31, 2014 and 2013, respectively, under this lease arrangement. On December 31, 2013 the Company signed an amendment to the existing contract to reduce the leased square feet to 5,412 for $6,765/ month for 12 months ending December 31, 2014. | |
The Company leases additional warehouse space in Boise, Idaho. This warehouse space consists of approximately 2,880 square feet. The lease expired in June 2012. This lease was extended for 24 months, beginning July 1, 2012. Rent expense for the warehouse was $3,975 and $3,975 for the quarter ended September 30, 2014 and 2013 respectively. | |
b. Litigation | |
Anthony Maher brought suit against PCS in January of 2014, claiming breach of an employment contract, interference with economic expectancy, and fraud. Settlement was agreed in principle during mediation on July 9, 2014 as follows: in exchange for dismissal of the suit, and release of PCS from any liability to Mr. Maher for any and all claims related to Mr. Maher's employment contract with PCS, PCS will issue Mr. Maher 400,000 shares of the common stock of PCS, and pay him $50,000. PCS does not admit the allegations or any other wrongdoing, but rather settled the matter for a modest amount to avoid the expense of defending it in court. The settlement agreement was executed on July 9, 2014. There are no other lawsuits pending involving PCS. | |
c. Contingencies | |
None. |
STOCKHOLDERS_EQUITY
STOCKHOLDERS' EQUITY | 6 Months Ended |
Sep. 30, 2014 | |
STOCKHOLDERS' EQUITY [Abstract] | ' |
STOCKHOLDERS' EQUITY | ' |
NOTE 11 - STOCKHOLDERS' EQUITY | |
a. Common Stock | |
During the period ending September 30, 2014, $77,160 has been accrued in stock payable that will be issued in future periods. | |
During the period ending September 30, 2014, the Company expensed amounts related to stock options and warrants granted in the current period as well as prior periods valued at $11,222. | |
During the period ending September 30, 2014, the Company issued 750,000 shares of common stock for consulting services. The shares were valued based on the fair market price on the date of grant for a total of $37,500. | |
During the period ending September 30, 2014, the Company issued 400,000 shares to a related party for settlement of liabilities. The shares were valued based on the fair market price on the date of grant for a total of $22,000. | |
On July 21, 2014, a $95,000 note was converted with total accrued interest of $6,041 into 3,108,944 shares. Due to conversion within the terms of the note, no gain or loss was recognized. (See Convertible Note Payable – Related Party. | |
On July 21, 2014 the principal balance of the notes at $35,000 and $15,000 totaling to the $50,000 plus the accrued interest of $11,959 was converted into 1,239,178 shares of our “restricted” common stock in accordance with the terms of the convertible promissory note. Due to conversion within the terms of the note, no gain or loss was recognized. (See Convertible Note Payable – Related Party) | |
On July 21, 2014, a $45,000 note was converted with total accrued interest of $1,105 into 1,152,617 shares of our “restricted” common stock in accordance with the terms of the convertible promissory note. Due to conversion within the terms of the note, no gain or loss was recognized. (See Convertible Note Payable – Related Party) | |
On July 21, 2014, a $21,500 note was converted with total accrued interest of $1,385 into 352,084 shares of our “restricted” common stock in accordance with the terms of the convertible promissory note. Due to conversion within the terms of the note, no gain or loss was recognized. (See Convertible Note Payable – Related Party) | |
On July 21, 2014, a $25,000 note was converted with total accrued interest as of July 21, 2014 was $1,611 into 665,274 shares of our “restricted” common stock in accordance with the terms of the convertible promissory note. Due to conversion within the term of the note, no gain or loss was recognized. (See Convertible Note Payable – Related Party) | |
On July 21, 2014, a $150,000 note was converted with total accrued interest of $9,666 into 3,991,644 shares of our “restricted” common stock in accordance with the terms of the convertible promissory note. Due to conversion within the terms of the note, no gain or loss was recognized. (See Convertible Note Payable – Related Party) | |
On July 21, 2014, a $260,000 note was converted with total accrued interest of $18,107 into 7,945,925 shares of our “restricted” common stock in accordance with the terms of the convertible promissory note. Due to conversion within the terms of the note, no gain or loss was recognized. (See Convertible Note Payable – Related Party) | |
During the period ended September 30, 2014, the company accrued $12,308 payable in Restricted Stock Unit to its non-management directors. Each restricted stock unit is valued at $0.05, based on the closing price of the Company's common stock at the date of grant. These agreements call for payment of current year director fees via issuance of restricted stock units over a vesting period of not less than twelve months, and require continued service for twelve months and reelection at the next annual shareholder meeting. Mr. Donald J. Farley resigned from the board on August 1, 2013, forfeiting $13,750. This amount was removed from Restricted Stock Units payable. As of September 30, 2014, $44,808 has been accrued for director services. For the directors who chose to defer payment in a prior year an entry was made to book fair market value of the RSU, in which $21,000 was recorded to Common Stock and $9,000 was reclassed to stock payable. | |
b. Preferred Stock | |
The Company has 20,000,000 authorized shares of preferred stock. As of September 30, 2013, there are no preferred shares issued or outstanding. |
BASIC_AND_DILUTED_NET_LOSS_PER
BASIC AND DILUTED NET LOSS PER COMMON SHARE | 6 Months Ended |
Sep. 30, 2014 | |
BASIC AND DILUTED NET LOSS PER COMMON SHARE [Abstract] | ' |
BASIC AND DILUTED NET LOSS PER COMMON SHARE | ' |
NOTE 12 - BASIC AND DILUTED NET LOSS PER COMMON SHARE | |
Basic and diluted net loss per common share for the three-month periods ended September 30, 2014 and 2013, are based on 60,843,159 and 50,166,265, respectively, of weighted average common shares outstanding. | |
Basic and diluted net loss per common share for the six-month periods ended September 30, 2014 and 2013, are based on 60,825,672 and 49,732,439, respectively, of weighted average common shares outstanding. | |
No adjustment has been made for any common stock equivalents outstanding because their effects would be antidilutive. |
DILUTIVE_INSTRUMENTS
DILUTIVE INSTRUMENTS | 6 Months Ended | ||||||||||||||||||||||||||||||||||||||||||
Sep. 30, 2014 | |||||||||||||||||||||||||||||||||||||||||||
DILUTIVE INSTRUMENTS [Abstract] | ' | ||||||||||||||||||||||||||||||||||||||||||
DILUTIVE INSTRUMENTS | ' | ||||||||||||||||||||||||||||||||||||||||||
NOTE 13 - DILUTIVE INSTRUMENTS | |||||||||||||||||||||||||||||||||||||||||||
Stock Options and Warrants | |||||||||||||||||||||||||||||||||||||||||||
The Company is required to recognize expense of options or similar equity instruments issued to employees using the fair-value-based method of accounting for stock-based payments in compliance with the financial accounting standard pertaining to share-based payments. This standard covers a wide range of share-based compensation arrangements including share options, restricted share plans, performance-based awards, share appreciation rights, and employee share purchase plans. Application of this standard requires significant judgment regarding the assumptions used in the selected option pricing model, including stock price volatility and employee exercise behavior. Most of these inputs are either highly dependent on the current economic environment at the date of grant or forward-looking over the expected term of the award. | |||||||||||||||||||||||||||||||||||||||||||
Total Issued | Not | ||||||||||||||||||||||||||||||||||||||||||
Issued | Cancelled | Executed | and Outstanding | Exercisable | Vested | ||||||||||||||||||||||||||||||||||||||
Balance as of March 31, 2014 | 27,856,655 | 14,789,300 | 9,722,210 | 3,345,145 | 2,320,145 | 1,025,000 | |||||||||||||||||||||||||||||||||||||
Warrants | — | — | — | — | — | — | |||||||||||||||||||||||||||||||||||||
Common Stock | — | 1,255,150 | — | (1,255,150 | ) | (775,150 | ) | (480,000 | ) | ||||||||||||||||||||||||||||||||||
Balance as of September 30, 2014 | 27,856,655 | 16,044,450 | 9,722,210 | 2,089,995 | 1,544,995 | 545,000 | |||||||||||||||||||||||||||||||||||||
No common stock options were exercised during the period ended September 30, 2014. | |||||||||||||||||||||||||||||||||||||||||||
January 1, 2014, the company granted 40,000 incentive options each to one employee per year for three years. These options were issued as incentive compensation to the employee. The options were valued using the Black-Scholes valuation model. The options have an expected volatility rate of 258.20% calculated using the Company stock price for a three-year period. A risk free interest rate of 0.41% - 0.64% was used to value the options. The total value of these options was $4,107. The options vest over a three-year period and are exercisable at a range of $.05 to $0.6 per share, which represents the fair market value at the date of grant in accordance with the 2009 Equity Incentive Plan. As of June 30, 2014, $ 1,513 of the total value was expensed. $650 was expensed in the six months ending June 30, 2014. | |||||||||||||||||||||||||||||||||||||||||||
February 1, 2014, the company granted 40,000 incentive options each to three employees per year for three years. These options were issued as incentive compensation to the employee. The options were valued using the Black-Scholes valuation model. The options have an expected volatility rate of 259.07% calculated using the Company stock price for a three-year period. A risk free interest rate of 0.26% - 0.76% was used to value the options. The total value of these options was $17,726. The options vest over a three-year period and are exercisable at a range of $.05 to $0.6 per share, which represents the fair market value at the date of grant in accordance with the 2009 Equity Incentive Plan. As of September 30, 2014, $5,424 of the total value was expensed. $3,166 was expensed in the six months ending September 30, 2014. | |||||||||||||||||||||||||||||||||||||||||||
On May 15, 2012, the Company granted 850,000 incentive stock options to an officer, Robert Grover. The expected volatility rate of 223.62% calculated using the Company stock price over the period beginning June 1, 2009 through date of issue. A risk free interest rate of 0.38 % was used to value the options. The options were valued using the Black-Scholes valuation model. The total value of this option was $46,175. The options vest over a three year period and are exercisable at $0.06 per share which represents the fair market value at the date of grant in accordance with the 2009 Equity Incentive Plan. As of September 30, 2014, $40,452 in value of the options was expensed. $7,406 was expensed in the six months ending September 30, 2014. |
SUBSEQUENT_EVENTS
SUBSEQUENT EVENTS | 6 Months Ended |
Sep. 30, 2014 | |
SUBSEQUENT EVENTS [Abstract] | ' |
SUBSEQUENT EVENTS | ' |
NOTE 14 - SUBSEQUENT EVENTS | |
On July 21, 2014 the Company executed a promissory note with one of our shareholders and board members, for $105,000 at 15% interest per annum, secured by T4EDU Contract 0006/2014, to finance operations and inventory purchases. The promissory note is due October 31, 2014. There is no conversion feature associated with this promissory note. This note pays off: the remaining $75,000 principle balance on the May 16, 2014, $150,000 promissory note; the remaining $12,500 principal balance on the March 4, 2014 $50,000 secured by the T4EDU Training Academy Contract; and applies $17,500 toward the May 1, 2014 promissory note. Total Interest accrued as of September 30, 2014 was $2,244. This note was paid in full through a note consolidation into the $870,457 promissory note dated October 21, 2014. | |
On July 28, 2014, the Company executed a promissory note with one of our shareholders and board members, for $210,000 at 15% interest per annum, secured by T4EDU Contract 0006/2014, to finance operations and inventory purchases. The promissory note is due October 31, 2014. There is no conversion feature associated with this promissory note. This note pays off: the April 3, 2014 $60,000 note payable principle balance; the remaining $42,500 principle balance on the $60,000 May 1, 2014 promissory note; the May 21, 2014 $50,000; the June 3, 2014 note payable principle balance of $25,000; and $32,500 of the June 27, 2014 promissory note. Total Interest accrued as of September 30, 2014 was $5,523. This note was paid in full through a note consolidation into the $870,457 promissory note dated October 21, 2014. | |
On August 7, 2014 the Company executed a promissory note with one of our shareholders and board members, for $25,000 at 15% interest per annum, secured by sales orders to finance operations and inventory purchases. The promissory note was due October 31, 2014. There is no conversion feature associated with this promissory note. This note was paid in full through a note consolidation into $870,457 promissory note dated October 21, 2014. Total Interest accrued as of September 30, 2014 was $247. This note was paid in full through a note consolidation into the $870,457 promissory note dated October 21, 2014. | |
On August 20, 2014 the Company executed a promissory note with one of our shareholders and board members, for $123,000 at 15% interest per annum, secured by sales orders to finance operations and inventory purchases. The promissory note was due November 30, 2014. There is no conversion feature associated with this promissory note. This note was paid in full through a note consolidation into $870,457 promissory note dated October 21, 2014. Total Interest accrued as of September 30, 2014 was $2,072. | |
On October 21, 2014 the Companyexecuted a promissory note with one of our shareholders and board members, for $870,457 at 10% interest per annum, secured by sales orders, inventory, and other assets. The promissory note is due May 31, 2015. There is no conversion feature associated with this promissory note. This note to consolidated 7 promissory notes, $175,000 in new cash deposited, and $7,957 of $15457 total interest accrued as of September 30, 2014. |
PREPAID_EXPENSES_Tables
PREPAID EXPENSES (Tables) | 6 Months Ended | ||||||||
Sep. 30, 2014 | |||||||||
PREPAID EXPENSES [Abstract] | ' | ||||||||
Schedule of Prepaid Expenses | ' | ||||||||
September 30, 2014 | March 31, 2014 | ||||||||
Prepaid insurance | $ | 3,753 | $ | 9,709 | |||||
Prepaid trade show/travel | — | 1,150 | |||||||
Prepaid inventory | 106,280 | 38,452 | |||||||
Prepaid software | 26,017 | 11,457 | |||||||
Prepaid expenses, other | 6,933 | 8,138 | |||||||
Total Prepaid Expenses | $ | 142,983 | $ | 68,906 |
FIXED_ASSETS_Tables
FIXED ASSETS (Tables) | 6 Months Ended | ||||||||
Sep. 30, 2014 | |||||||||
FIXED ASSETS [Abstract] | ' | ||||||||
Schedule of Fixed Assets | ' | ||||||||
September 30, 2014 | March 31, 2014 | ||||||||
Computer/office equipment | $ | 43,320 | $ | 10,112 | |||||
Software | 127,355 | 127,355 | |||||||
Accumulated depreciation | (130,587 | ) | (118,005 | ) | |||||
Total Fixed Assets | $ | 40,088 | $ | 19,462 |
ACCRUED_EXPENSES_Tables
ACCRUED EXPENSES (Tables) | 6 Months Ended | ||||||||
Sep. 30, 2014 | |||||||||
ACCRUED EXPENSES [Abstract] | ' | ||||||||
Schedule of Accrued Expenses | ' | ||||||||
September 30, 2014 | March 31, 2014 | ||||||||
Interest payable | 53,748 | 67,933 | |||||||
Sales tax payable | 3,918 | 3,442 | |||||||
Credit card debt | 55,428 | 43,853 | |||||||
Professional fees: legal, accounting & other | 561 | 9,525 | |||||||
Total accrued expenses | $ | 113,655 | $ | 124,753 |
NOTES_PAYABLE_Tables
NOTES PAYABLE (Tables) | 6 Months Ended | ||||||||
Sep. 30, 2014 | |||||||||
NOTES PAYABLE [Abstract] | ' | ||||||||
Schedule of Notes Payable | ' | ||||||||
September 30, 2014 | March 31, 2014 | ||||||||
Short Term Note Payable, Related Party | $ | 508,251 | $ | 707,251 | |||||
Short Term Convertible Note, net discount of $0 as of September 30, 2014 and March 31, 2014 | -- | 50,000 | |||||||
Line of Credit | 24,082 | 27,089 | |||||||
Long Term Note Payable | 80,000 | ||||||||
Long Term Note Payable, Related Party | 586,364 | 23,846 | |||||||
Convertible notes payable, long term, net of $0 and $4,693 discount as of September 30, 2014 and March 31, 2014, respectively | 219,734 | 236,541 | |||||||
Convertible notes payable, long term, related party, net of disclount of $0 and $315,721 as of September 30, 2014 and March 31, 2014, respectively | 34,011 | 293,436 | |||||||
Total Notes Payable | $ | 1,452,248 | $ | 1,338,163 |
FAIR_VALUE_OF_FINANCIAL_INSTRU1
FAIR VALUE OF FINANCIAL INSTRUMENTS (Tables) | 6 Months Ended | |||||||||||||||||
Sep. 30, 2014 | ||||||||||||||||||
FAIR VALUE OF FINANCIAL INSTRUMENTS [Abstract] | ' | |||||||||||||||||
Summary of the valuation of financial instruments at fair value on a recurring basis in the balance sheets | ' | |||||||||||||||||
The following schedule summarizes the valuation of financial instruments at fair value on a recurring basis in the balance sheets as of September 30, 2014 and March 31, 2014: | ||||||||||||||||||
Fair Value Measurements at September 30, 2014 | ||||||||||||||||||
Liabilities | Level 1 | Level 2 | Level 3 | Gain/(loss) | ||||||||||||||
$ | — | $ | — | — | — | |||||||||||||
$ | — | $ | — | — | — | |||||||||||||
Fair Value Measurements at March 31, 2014 | ||||||||||||||||||
Liabilities | Level 1 | Level 2 | Level 3 | Gain/(loss) | ||||||||||||||
$ | — | $ | — | — | — | |||||||||||||
$ | — | $ | — | — | — | |||||||||||||
DILUTIVE_INSTRUMENTS_Tables
DILUTIVE INSTRUMENTS (Tables) | 6 Months Ended | ||||||||||||||||||||||||||||||||||||||||||
Sep. 30, 2014 | |||||||||||||||||||||||||||||||||||||||||||
DILUTIVE INSTRUMENTS [Abstract] | ' | ||||||||||||||||||||||||||||||||||||||||||
Schedule of Stock-Based Payment Awards | ' | ||||||||||||||||||||||||||||||||||||||||||
Total Issued | Not | ||||||||||||||||||||||||||||||||||||||||||
Issued | Cancelled | Executed | and Outstanding | Exercisable | Vested | ||||||||||||||||||||||||||||||||||||||
Balance as of March 31, 2014 | 27,856,655 | 14,789,300 | 9,722,210 | 3,345,145 | 2,320,145 | 1,025,000 | |||||||||||||||||||||||||||||||||||||
Warrants | — | — | — | — | — | — | |||||||||||||||||||||||||||||||||||||
Common Stock | — | 1,255,150 | — | (1,255,150 | ) | (775,150 | ) | (480,000 | ) | ||||||||||||||||||||||||||||||||||
Balance as of September 30, 2014 | 27,856,655 | 16,044,450 | 9,722,210 | 2,089,995 | 1,544,995 | 545,000 | |||||||||||||||||||||||||||||||||||||
ORGANIZATION_AND_DESCRIPTION_O1
ORGANIZATION AND DESCRIPTION OF BUSINESS (Details) | 6 Months Ended |
Sep. 30, 2014 | |
item | |
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items] | ' |
Number of EdventuresLab programs that have been opened and are operating in the Idaho Treasure Valley | 2 |
Ownership percentage | 100.00% |
GOING_CONCERN_Details
GOING CONCERN (Details) (USD $) | 3 Months Ended | 6 Months Ended | ||
Sep. 30, 2014 | Sep. 30, 2013 | Sep. 30, 2014 | Sep. 30, 2013 | |
GOING CONCERN [Abstract] | ' | ' | ' | ' |
Revenue | $554,539 | $446,438 | $1,557,104 | $800,224 |
Revenue, percentage increase | ' | ' | 9458.00% | ' |
NET LOSS | -760,883 | -240,819 | -1,088,143 | -519,525 |
Net loss, percentage increase resulting from increased cost of goods, investments in R&D and marketing, with some mitigation by continued effort to keep costs down | ' | ' | 122.00% | ' |
Cash flow from operations | ' | ' | -421,026 | -244,269 |
Increased cost of goods | ' | ' | $632,885 | ' |
PREPAID_EXPENSES_Details
PREPAID EXPENSES (Details) (USD $) | Sep. 30, 2014 | Mar. 31, 2014 |
PREPAID EXPENSES [Abstract] | ' | ' |
Prepaid insurance | $3,753 | $9,709 |
Prepaid trade show/travel | ' | 1,150 |
Prepaid inventory | 106,280 | 38,452 |
Prepaid software | 26,017 | 11,457 |
Prepaid expenses, other | 6,933 | 8,138 |
Total Prepaid Expenses | $142,983 | $68,906 |
FIXED_ASSETS_Details
FIXED ASSETS (Details) (USD $) | 6 Months Ended | ||
Sep. 30, 2014 | Sep. 30, 2013 | Mar. 31, 2014 | |
Property, Plant and Equipment [Line Items] | ' | ' | ' |
Accumulated depreciation | ($130,587) | ' | ($118,005) |
Total Fixed Assets | 40,088 | ' | 19,462 |
Depreciation expense | 12,582 | 9,358 | ' |
Computer/office equipment [Member] | ' | ' | ' |
Property, Plant and Equipment [Line Items] | ' | ' | ' |
Fixed Assets | 43,320 | ' | 10,112 |
Software [Member] | ' | ' | ' |
Property, Plant and Equipment [Line Items] | ' | ' | ' |
Fixed Assets | $127,355 | ' | $127,355 |
ACCRUED_EXPENSES_Details
ACCRUED EXPENSES (Details) (USD $) | Sep. 30, 2014 | Mar. 31, 2014 |
ACCRUED EXPENSES [Abstract] | ' | ' |
Interest payable | $53,748 | $67,933 |
Sales tax payable | 3,918 | 3,442 |
Credit card debt | 55,428 | 43,853 |
Professional fees: legal, accounting & other | 561 | 9,525 |
Total accrued expenses | $113,655 | $124,753 |
NOTES_PAYABLE_Notes_Payable_an
NOTES PAYABLE (Notes Payable and Line of Credit) (Details) (USD $) | 3 Months Ended | 6 Months Ended | 0 Months Ended | 0 Months Ended | 6 Months Ended | 0 Months Ended | 6 Months Ended | 0 Months Ended | 0 Months Ended | 0 Months Ended | 6 Months Ended | 0 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Sep. 30, 2014 | Sep. 30, 2013 | Sep. 30, 2014 | Sep. 30, 2013 | Mar. 31, 2014 | Oct. 21, 2014 | Sep. 30, 2014 | 16-May-14 | Sep. 30, 2014 | Jul. 21, 2014 | 16-May-14 | 1-May-14 | Mar. 04, 2014 | Jul. 21, 2014 | Sep. 30, 2014 | Jul. 28, 2014 | Jun. 27, 2014 | Jun. 03, 2014 | 21-May-14 | 1-May-14 | Apr. 03, 2014 | Oct. 21, 2014 | 1-May-14 | Sep. 30, 2014 | Sep. 30, 2014 | Dec. 30, 2011 | Sep. 30, 2014 | Jul. 21, 2014 | 1-May-13 | Apr. 02, 2013 | Jan. 13, 2012 | Apr. 02, 2013 | Jan. 13, 2012 | Apr. 02, 2013 | Jan. 13, 2012 | Jul. 21, 2014 | 24-May-13 | Sep. 30, 2014 | Apr. 02, 2013 | Feb. 26, 2013 | Jul. 21, 2014 | Jun. 30, 2014 | Sep. 30, 2014 | 24-May-13 | Mar. 28, 2013 | Sep. 30, 2014 | Apr. 03, 2014 | Sep. 30, 2014 | Aug. 20, 2014 | Jun. 27, 2014 | Jun. 05, 2014 | Apr. 15, 2014 | Apr. 11, 2014 | Sep. 30, 2014 | Jul. 21, 2014 | Jan. 22, 2014 | Mar. 22, 2013 | Sep. 30, 2013 | Sep. 30, 2014 | Jul. 21, 2014 | Sep. 30, 2014 | Sep. 09, 2014 | Feb. 13, 2014 | Feb. 21, 2014 | Mar. 04, 2014 | Sep. 30, 2014 | 2-May-14 | Sep. 30, 2014 | 5-May-14 | Sep. 30, 2014 | Jun. 27, 2014 | 16-May-14 | Sep. 30, 2014 | 21-May-14 | Sep. 30, 2014 | Jun. 03, 2014 | Sep. 30, 2014 | Aug. 20, 2014 | Jul. 28, 2014 | Jun. 27, 2014 | Sep. 30, 2014 | Sep. 13, 2011 | Mar. 04, 2014 | Jul. 21, 2014 | Jul. 21, 2014 | Jul. 21, 2014 | Sep. 30, 2014 | Jul. 28, 2014 | Sep. 30, 2014 | Aug. 07, 2014 | Sep. 30, 2014 | Aug. 20, 2014 | |
Subsequent Event [Member] | Short Term Promissory Note Five [Member] | Short Term Promissory Note Five [Member] | Promissory Note Eighteen [Member] | Promissory Note Eighteen [Member] | Promissory Note Eighteen [Member] | Promissory Note Eighteen [Member] | Promissory Note Eighteen [Member] | Promissory Note Eighteen [Member] | Promissory Note Nineteen [Member] | Promissory Note Nineteen [Member] | Promissory Note Nineteen [Member] | Promissory Note Nineteen [Member] | Promissory Note Nineteen [Member] | Promissory Note Nineteen [Member] | Promissory Note Nineteen [Member] | Promissory Note Nineteen [Member] | Long Term Note Payable [Member] | Long Term Note Payable [Member] | Note Payable [Member] | Note Payable [Member] | Separate Promissory Notes [Member] | Separate Promissory Notes [Member] | Separate Promissory Notes [Member] | Separate Promissory Notes [Member] | Separate Promissory Notes [Member] | Separate Promissory Notes, Note One [Member] | Separate Promissory Notes, Note One [Member] | Separate Promissory Notes Note Two [Member] | Separate Promissory Notes Note Two [Member] | Shareholder Promissory Note [Member] | Shareholder Promissory Note [Member] | Shareholder Promissory Note [Member] | Shareholder Promissory Note [Member] | Shareholder Promissory Note [Member] | Separate promissory notes Note Seven [Member] | Separate promissory notes Note Seven [Member] | Separate promissory notes Note Seven [Member] | Separate promissory notes Note Seven [Member] | Separate promissory notes Note Seven [Member] | Separate promissory notes Note Ten [Member] | Separate promissory notes Note Ten [Member] | Separate promissory notes Note Eleven [Member] | Separate promissory notes Note Eleven [Member] | Separate promissory notes Note Eleven [Member] | Separate promissory notes Note Eleven [Member] | Separate promissory notes Note Eleven [Member] | Note Payable One [Member] | Note Payable One [Member] | Board Member And Shareholder Five [Member] | Loan Transaction Board of Directors [Member] | Loan Transaction Board of Directors [Member] | Long Term Convertible Promissory Note One [Member] | Long Term Convertible Promissory Note One [Member] | Long Term Convertible Promissory Note One [Member] | Loan Transaction Board of Directors Two [Member] | Loan Transaction Board of Directors Two [Member] | Loan Transaction Board of Directors Two [Member] | Loan Transaction Board of Directors Three [Member] | Loan Transaction Board of Directors Four [Member] | Separate promissory notes Note Twelve [Member] | Separate promissory notes Note Twelve [Member] | Separate promissory notes Note Thirteen [Member] | Separate promissory notes Note Thirteen [Member] | Separate promissory notes Note Fourteen [Member] | Separate promissory notes Note Fourteen [Member] | Separate promissory notes Note Fourteen [Member] | Separate promissory notes Note Fifteen [Member] | Separate promissory notes Note Fifteen [Member] | Separate promissory notes Note Sixteen [Member] | Separate promissory notes Note Sixteen [Member] | Separate promissory notes Note Seventeen [Member] | Separate promissory notes Note Seventeen [Member] | Separate promissory notes Note Seventeen [Member] | Separate promissory notes Note Seventeen [Member] | Line of Credit [Member] | Line of Credit [Member] | Promissory Note [Member] | Convertible Long Term Note Payable to Related Party [Member] | Convertible Long Term Note Payable to Related Party [Member] | Convertible Long Term Note Payable to Related Party [Member] | Separate promissory notes Note Twenty One [Member] | Separate promissory notes Note Twenty One [Member] | Separate promissory notes Note Twenty Two [Member] | Separate promissory notes Note Twenty Two [Member] | Separate promissory notes Note Twenty Three [Member] | Separate promissory notes Note Twenty Three [Member] | ||||||
Subsequent Event [Member] | Subsequent Event [Member] | item | item | item | Promissory Note Eighteen [Member] | Minimum [Member] | Maximum [Member] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt Instrument [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Note payable amount | ' | ' | ' | ' | ' | $870,457 | ' | ' | ' | $105,000 | $150,000 | $17,500 | $75,000 | $105,000 | ' | $210,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | $30,000 | ' | ' | ' | $64,200 | $70,000 | $32,100 | $35,000 | $32,100 | $35,000 | ' | $95,000 | ' | ' | $65,000 | ' | ' | ' | $95,000 | $50,000 | ' | $60,000 | $150,000 | ' | ' | ' | $160,000 | ' | ' | ' | $200,000 | $25,000 | $25,000 | ' | ' | ' | ' | $250,000 | $70,000 | $50,000 | ' | $60,000 | ' | $145,000 | ' | ' | $150,000 | ' | $50,000 | ' | $25,000 | ' | ' | ' | $150,000 | ' | ' | $17,500 | ' | ' | ' | ' | $100,000 | ' | $25,000 | ' | $123,000 |
Maturity period | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | '36 months | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | '36 months | ' | ' | ' | ' | '36 months | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Long Term Note Payable | 80,000 | ' | 80,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 20,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 60,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Interest rate | ' | ' | ' | ' | ' | ' | ' | ' | ' | 15.00% | ' | ' | ' | 15.00% | ' | 15.00% | ' | ' | ' | ' | ' | ' | 12.00% | ' | ' | 10.00% | ' | ' | ' | 9.00% | 9.00% | 9.00% | 9.00% | 9.00% | 9.00% | ' | ' | ' | ' | 15.00% | ' | ' | ' | ' | 12.00% | ' | 15.00% | ' | ' | ' | ' | 15.00% | 12.00% | ' | ' | 15.00% | 8.00% | 8.00% | ' | ' | ' | ' | 15.00% | 15.00% | 15.00% | ' | 15.00% | ' | 15.00% | ' | ' | 15.00% | ' | 15.00% | ' | 15.00% | ' | ' | ' | 15.00% | ' | 17.50% | ' | ' | ' | ' | ' | 5.00% | ' | 15.00% | ' | 15.00% |
Accrued interest payable | 53,748 | ' | 53,748 | ' | 67,933 | ' | 1,377 | ' | 2,244 | ' | ' | ' | ' | ' | 5,523 | ' | ' | ' | ' | ' | ' | ' | ' | 1,006 | 8,014 | ' | ' | 11,959 | ' | ' | ' | ' | ' | ' | ' | 6,041 | ' | ' | ' | ' | 6,041 | ' | ' | ' | ' | 2,860 | ' | 4,159 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 1,611 | ' | ' | ' | ' | ' | ' | ' | 3,277 | ' | 3,329 | ' | ' | 5,523 | ' | 277 | ' | 3,165 | ' | ' | ' | ' | ' | ' | 49,874 | ' | ' | 877 | ' | 555 | ' | 2,072 | ' |
Debt discount | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 21,923 | 15,322 | ' | ' | ' | 15,322 | 15,322 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 25,000 | 21,499 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Amortization of Debt Discount (Premium) | ' | ' | 320,267 | 31,105 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 1,639 | ' | ' | ' | ' | 1,639 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 455 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Minimum monthly payment, percent of loan balances | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 1.50% | ' | 1.50% | ' | 1.50% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Payments made | ' | ' | ' | ' | ' | ' | ' | 37,500 | ' | ' | ' | ' | ' | ' | ' | ' | 32,500 | 25,000 | 50,000 | 42,500 | 60,000 | 870,457 | ' | ' | ' | ' | ' | ' | 1,033 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 60,000 | 75,000 | 25,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 17,500 | ' | 42,500 | ' | ' | ' | ' | ' | ' | ' | ' | ' | 63,000 | 32,500 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Principal paid | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 75,000 | ' | 12,500 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 10,642 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 20,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 75,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Accrued interest, payment | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 3,393 | ' | ' | ' | ' | ' | ' | ' | 20,445 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Principle balance | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 53,558 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 250,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 29,500 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Interest expense | 345,811 | 36,712 | 417,590 | 65,486 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Discount, percent of market price | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 50.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Line of Credit | 24,082 | ' | 24,082 | ' | 27,089 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 39,050 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Line of Credit, principal payments | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 15,763 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Debt conversion, price per share | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | $0.04 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Amount of note converted | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 646,500 | ' | ' | ' | ' | ' | ' | ' | ' |
Conversion of notes payable, shares | ' | ' | 665,274 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 3,108,944 | ' | ' | ' | ' | 3,108,944 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 18,455,666 | ' | ' | ' | ' | ' | ' | ' | ' |
Debt Instrument Extended and Rolled | ' | ' | ' | ' | ' | ' | ' | ' | 12,500 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 45,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Number of notes into which original notes replaced | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 3 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 2 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 3 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Gain or loss on extinguishment of debt | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | $0 | ' | ' | ' | ' | ' | ' | $0 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | $0 | ' | ' | ' | $0 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Strike price | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | $0.03 | $0.07 | ' | ' | ' | ' | ' | ' |
NOTES_PAYABLE_Convertible_Note
NOTES PAYABLE (Convertible Notes) (Details) (USD $) | 3 Months Ended | 6 Months Ended | 0 Months Ended | 0 Months Ended | 9 Months Ended | 0 Months Ended | 3 Months Ended | 9 Months Ended | 12 Months Ended | 0 Months Ended | 9 Months Ended | 12 Months Ended | 0 Months Ended | 9 Months Ended | 0 Months Ended | 12 Months Ended | |||||||||||||
Sep. 30, 2014 | Sep. 30, 2013 | Sep. 30, 2014 | Sep. 30, 2013 | Mar. 31, 2014 | Sep. 30, 2014 | Apr. 30, 2013 | Sep. 30, 2014 | Jul. 30, 2013 | Aug. 01, 2012 | Jun. 14, 2012 | Feb. 29, 2012 | Jul. 21, 2014 | Sep. 30, 2014 | Dec. 03, 2012 | Jul. 21, 2014 | Mar. 31, 2013 | Sep. 30, 2014 | Mar. 31, 2014 | Jan. 11, 2013 | Jul. 21, 2014 | Sep. 30, 2013 | Sep. 30, 2014 | Mar. 31, 2014 | Jul. 21, 2014 | Sep. 30, 2014 | Sep. 30, 2013 | Jan. 08, 2014 | Mar. 31, 2014 | |
Accredited Investor Five [Member] | Accredited Investor Five [Member] | Accredited Investor Six [Member] | Accredited Investor Six [Member] | Convertible Promisorry Notes [Member] | Three Separate Convertible Promissory Notes [Member] | Three Separate Convertible Promissory Notes [Member] | Board member and shareholder [Member] | Board member and shareholder [Member] | Board member and shareholder [Member] | Accredited Investor One [Member] | Accredited Investor One [Member] | Accredited Investor One [Member] | Accredited Investor One [Member] | Accredited Investor One [Member] | Board Member And Shareholder Three [Member] | Board Member And Shareholder Three [Member] | Board Member And Shareholder Three [Member] | Board Member And Shareholder Three [Member] | Board Member And Shareholder Four [Member] | Board Member And Shareholder Four [Member] | Board Member And Shareholder Four [Member] | Long Term Convertible Promissory Note [Member] | Long Term Convertible Promissory Note [Member] | ||||||
Debt Instrument [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Interest rate | ' | ' | ' | ' | ' | ' | 8.00% | ' | 8.00% | ' | 10.00% | 10.00% | ' | ' | 8.00% | ' | ' | ' | ' | 8.00% | ' | 8.00% | ' | ' | ' | ' | 10.00% | 8.00% | ' |
Note payable amount | ' | ' | ' | ' | ' | ' | $5,000 | ' | $5,000 | ' | ' | $100,000 | ' | ' | $45,000 | ' | ' | ' | ' | $21,500 | ' | ' | ' | ' | ' | ' | $260,000 | ' | ' |
Debt conversion, price per share | ' | ' | ' | ' | ' | ' | $0.20 | ' | $0.20 | $0.15 | $0.05 | $0.05 | ' | ' | $0.04 | ' | ' | ' | ' | $0.07 | ' | $0.04 | ' | ' | $0.04 | ' | ' | ' | ' |
Accrued interest | 53,748 | ' | 53,748 | ' | 67,933 | 601 | ' | 520 | ' | ' | ' | ' | 1,105 | ' | ' | 1,385 | ' | ' | ' | ' | 9,666 | ' | ' | ' | 18,107 | ' | ' | ' | ' |
Debt discount | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 10,251 | ' | ' | 9,285 | 3,953 | ' | ' | ' | 150,000 | 128,693 | ' | ' | 121,463 | ' | 156,000 | ' |
Debt discount amortization | ' | ' | 320,267 | 31,105 | ' | ' | ' | ' | ' | ' | ' | ' | ' | 1,471 | ' | ' | ' | 740 | 4,592 | ' | ' | ' | 2,728 | 18,579 | ' | 12,251 | ' | ' | 22,286 |
Interest expense | 345,811 | 36,712 | 417,590 | 65,486 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Warrants, expiration period, months | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 36 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Conversion of debt, days written notice required | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 7 | 7 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Conversion of debt, percent of cash payable | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 0.50% | 0.50% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Amount of note converted | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 50,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 150,000 | ' | ' | ' | ' | ' | ' | ' |
Conversion of notes payable, shares | ' | ' | 665,274 | ' | ' | ' | ' | ' | ' | ' | 1,028,770 | ' | 1,152,617 | ' | ' | 352,084 | ' | ' | ' | ' | 3,991,644 | ' | ' | ' | 7,945,925 | ' | ' | ' | ' |
Discount, percent of market price | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 50.00% | ' | ' | ' | ' | ' | ' | ' |
Unamortized debt discount | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 131,421 | ' | ' | ' | ' | 133,714 |
Warrants issued for debt | ' | ' | 66,080 | 28,260 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Gains (Losses) on Extinguishment of Debt | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | $0 | ' | ' | $0 | ' | ' | ' | ' | $0 | ' | ' | ' | $0 | ' | ' | ' | ' |
NOTES_PAYABLE_Schedule_of_Note
NOTES PAYABLE (Schedule of Notes Payable) (Details) (USD $) | Sep. 30, 2014 | Mar. 31, 2014 |
NOTES PAYABLE [Abstract] | ' | ' |
Short Term Note Payable, Related Party | $508,057 | $707,251 |
Short Term Convertible Note, net discount of $0 as of September 30, 2014 and March 31, 2014 | ' | 50,000 |
Line of Credit | 24,082 | 27,089 |
Long Term Note Payable | 80,000 | ' |
Long Term Note Payable, Related Party | 586,364 | 23,846 |
Convertible notes payable, long term, net of $0 and $4,693 discount as of September 30, 2014 and March 31, 2014, respectively | 219,734 | 236,541 |
Convertible notes payable, long term, related party, net of discount of $0 and $315,721, as of September 30, 2014 and March 31, 2014, respectively | 34,011 | 293,436 |
Total Notes Payable | 1,452,248 | 1,338,163 |
Convertible Short Term Notes Payable Unamortized Discount Current | 0 | 0 |
Convertible notes payable, long term, discount | 0 | 4,693 |
Convertible notes payable, long term, related party, discount | $0 | $315,721 |
FAIR_VALUE_OF_FINANCIAL_INSTRU2
FAIR VALUE OF FINANCIAL INSTRUMENTS (Details) (USD $) | Sep. 30, 2014 | Mar. 31, 2014 |
Level 1 | ' | ' |
Fair value of financial instruments | ' | ' |
Derivative Liabilities | ' | ' |
Liabilities | ' | ' |
Level 2 | ' | ' |
Fair value of financial instruments | ' | ' |
Derivative Liabilities | ' | ' |
Liabilities | ' | ' |
Level 3 | ' | ' |
Fair value of financial instruments | ' | ' |
Derivative Liabilities | ' | ' |
Liabilities | ' | ' |
Gain/(loss) | ' | ' |
Fair value of financial instruments | ' | ' |
Derivative Liabilities | ' | ' |
Liabilities | ' | ' |
DISCONTINUED_OPERATIONS_Detail
DISCONTINUED OPERATIONS (Details) (USD $) | 3 Months Ended | 6 Months Ended | 3 Months Ended | |||
Sep. 30, 2013 | Sep. 30, 2014 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2012 | Jul. 31, 2013 | |
LabMentors [Member] | LabMentors [Member] | LabMentors [Member] | ||||
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items] | ' | ' | ' | ' | ' | ' |
Proposed sale price of subsidiary | ' | ' | ' | ' | ' | $150,000 |
Notes payable, interest rate | ' | ' | ' | ' | ' | 3.00% |
Net loss from discontinued operations | -11,933 | ' | -29,191 | -11,933 | -71,949 | ' |
Full allowance recorded for the promissory note | ' | $50,740 | ' | ' | ' | ' |
COMMITMENTS_AND_CONTINGENCIES_
COMMITMENTS AND CONTINGENCIES (Narrative) (Details) (USD $) | 0 Months Ended | 12 Months Ended | 3 Months Ended | 12 Months Ended | 3 Months Ended | 6 Months Ended | |||
Jul. 09, 2014 | Dec. 31, 2014 | Sep. 30, 2014 | Sep. 30, 2013 | Mar. 31, 2014 | Mar. 31, 2013 | Sep. 30, 2014 | Sep. 30, 2013 | Sep. 30, 2014 | |
Breach of an employment contract | Scenario, Forecast [Member] | Building [Member] | Building [Member] | Building [Member] | Building [Member] | Warehouses [Member] | Warehouses [Member] | Warehouses [Member] | |
Subsequent Event [Member] | sqft | ||||||||
Operating Leased Assets [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Operating Leases, Rent Expense | ' | ' | $21,196 | $26,041 | $99,318 | $107,717 | $3,975 | $3,975 | ' |
Operating lease, term | ' | ' | ' | ' | '13 months | ' | ' | ' | '24 months |
Area of property leased | ' | 5,412 | ' | ' | ' | ' | ' | ' | ' |
Future operating lease, monthly payment to be reduced | ' | 6,765 | ' | ' | ' | ' | ' | ' | ' |
Shares of the common stock that will be issued Mr. Maher | 400,000 | ' | ' | ' | ' | ' | ' | ' | ' |
Amount paid to Mr. Maher | 50,000 | ' | ' | ' | ' | ' | ' | ' | ' |
Number of other lawsuits pending | $0 | ' | ' | ' | ' | ' | ' | ' | ' |
STOCKHOLDERS_EQUITY_Details
STOCKHOLDERS' EQUITY (Details) (USD $) | 0 Months Ended | 6 Months Ended | 6 Months Ended | 0 Months Ended | 0 Months Ended | ||||||||||
Aug. 01, 2014 | Sep. 30, 2014 | Sep. 30, 2013 | Mar. 31, 2014 | Sep. 30, 2014 | Sep. 30, 2014 | Jul. 21, 2014 | Jul. 21, 2014 | Jul. 21, 2014 | Jul. 21, 2014 | Jul. 21, 2014 | Jul. 21, 2014 | Jul. 21, 2014 | Jul. 21, 2014 | Jul. 21, 2014 | |
Goods and Services Exchanged for Equity Instrument [Member] | Non-management directors [Member] | Promissory Note Seven [Member] | Separate Promissory Notes, Note One [Member] | Separate Promissory Notes Note Two [Member] | Separate Promissory Notes [Member] | Board Member Shareholder [Member] | Accredited Investor One [Member] | Long Term Convertible Promissory Note One [Member] | Board Member And Shareholder Three [Member] | Board Member And Shareholder Four [Member] | |||||
Stockholders Equity [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Stock payable for service | ' | $9,000 | ' | ' | $77,160 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Amortization of fair value of stock options | ' | 11,222 | 28,272 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Stock issued for consulting services, shares | ' | 750,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Stock issued for consulting services | ' | 22,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Stock issued to related party for settlement of liabilities, shares | ' | 400,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Stock issued to related party for settlement of liabilities | ' | 103,580 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Note payable amount | ' | ' | ' | ' | ' | ' | 95,000 | 35,000 | 15,000 | 50,000 | 45,000 | 21,500 | 25,000 | 150,000 | 260,000 |
Accrued interest payable | ' | 53,748 | ' | 67,933 | ' | 12,308 | 6,041 | ' | ' | 11,959 | 1,105 | 1,385 | 1,611 | 9,666 | 18,107 |
Conversion of notes payable, shares | ' | 665,274 | ' | ' | ' | ' | 3,108,944 | ' | ' | 1,239,178 | 1,152,617 | 352,084 | 665,274 | 3,991,644 | 7,945,925 |
Restricted stock units payable for issuance to non-management directors | ' | $21,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
RSUs, value per share | ' | $0.05 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Stock forfeited of Mr. Donald J. | 13,750 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
BASIC_AND_DILUTED_NET_LOSS_PER1
BASIC AND DILUTED NET LOSS PER COMMON SHARE (Details) | 3 Months Ended | 6 Months Ended | ||
Sep. 30, 2014 | Sep. 30, 2013 | Sep. 30, 2014 | Sep. 30, 2013 | |
Basic and diluted net income (loss) per common share: | ' | ' | ' | ' |
Weighted Average Number of Shares Outstanding, Basic and Diluted | 60,843,159 | 50,166,265 | 60,825,672 | 49,732,439 |
DILUTIVE_INSTRUMENTS_Narrative
DILUTIVE INSTRUMENTS (Narrative) (Details) (USD $) | 6 Months Ended | 12 Months Ended | 6 Months Ended | 8 Months Ended | 12 Months Ended | 6 Months Ended | 9 Months Ended | 12 Months Ended | 6 Months Ended | 12 Months Ended | 29 Months Ended | |||||
Sep. 30, 2014 | Mar. 31, 2014 | Sep. 30, 2014 | Sep. 30, 2014 | Sep. 30, 2014 | Mar. 31, 2014 | Mar. 31, 2014 | Mar. 31, 2014 | Sep. 30, 2014 | Sep. 30, 2014 | Mar. 31, 2014 | Mar. 31, 2014 | Mar. 31, 2014 | Sep. 30, 2014 | Mar. 31, 2013 | Sep. 30, 2014 | |
Warrant [Member] | Transaction One [Member] | Transaction One [Member] | Transaction One [Member] | Transaction One [Member] | Transaction One [Member] | Transaction Two [Member] | Transaction Two [Member] | Transaction Two [Member] | Transaction Two [Member] | Transaction Two [Member] | Transaction Three [Member] | Transaction Three [Member] | Transaction Three [Member] | |||
item | Minimum [Member] | Maximum [Member] | item | Minimum [Member] | Maximum [Member] | |||||||||||
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Issued | 27,856,655 | 27,856,655 | ' | ' | ' | 40,000 | ' | ' | ' | ' | 40,000 | ' | ' | ' | 850,000 | ' |
Number of employees to whom options were granted | ' | ' | ' | ' | ' | 3 | ' | ' | ' | ' | 1 | ' | ' | ' | ' | ' |
Vesting period | ' | ' | ' | ' | ' | '3 years | ' | ' | ' | ' | '3 years | ' | ' | ' | ' | ' |
Expected volatility rate | ' | ' | ' | ' | ' | 259.07% | ' | ' | ' | ' | 258.20% | ' | ' | ' | 223.62% | ' |
Risk free interest rate, minimum | ' | ' | ' | ' | ' | 0.26% | ' | ' | ' | ' | 0.41% | ' | ' | ' | ' | ' |
Risk free interest rate, maximum | ' | ' | ' | ' | ' | 0.76% | ' | ' | ' | ' | 0.64% | ' | ' | ' | ' | ' |
Risk free interest rate | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 0.38% | ' |
Value | ' | ' | ' | ' | ' | $17,726 | ' | ' | ' | ' | $4,107 | ' | ' | ' | $46,175 | ' |
Weighted-average exercise price per share, granted | ' | ' | ' | ' | ' | ' | $0.05 | $0.60 | ' | ' | ' | $0.05 | $0.60 | ' | $0.06 | ' |
Options expense | ' | ' | ' | $3,166 | $5,424 | ' | ' | ' | $650 | $1,513 | ' | ' | ' | $7,406 | ' | $40,452 |
DILUTIVE_INSTRUMENTS_Schedule_
DILUTIVE INSTRUMENTS (Schedule of Stock-Based Payment Awards) (Details) | 6 Months Ended | 12 Months Ended |
Sep. 30, 2014 | Mar. 31, 2014 | |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ' | ' |
Issued | 27,856,655 | 27,856,655 |
Cancelled | 16,044,450 | 14,789,300 |
Executed | 9,722,210 | 9,722,210 |
Total Issued and Outstanding | 2,089,995 | 3,345,145 |
Exercisable | 1,544,995 | 2,320,145 |
Not Vested | 545,000 | 1,025,000 |
Warrants [Member] | ' | ' |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ' | ' |
Issued | ' | ' |
Cancelled | ' | ' |
Executed | ' | ' |
Total Issued and Outstanding | ' | ' |
Exercisable | ' | ' |
Not Vested | ' | ' |
Common Stock [Member] | ' | ' |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ' | ' |
Issued | ' | ' |
Cancelled | 1,255,150 | ' |
Executed | ' | ' |
Total Issued and Outstanding | -1,255,150 | ' |
Exercisable | -775,150 | ' |
Not Vested | -480,000 | ' |
SUBSEQUENT_EVENTS_Details
SUBSEQUENT EVENTS (Details) (USD $) | Sep. 30, 2014 | Mar. 31, 2014 | Sep. 30, 2014 | Aug. 20, 2014 | Sep. 30, 2014 | Aug. 07, 2014 | Sep. 30, 2014 | Jul. 28, 2014 | Jun. 27, 2014 | Jun. 03, 2014 | 21-May-14 | 1-May-14 | Apr. 03, 2014 | Sep. 30, 2014 | Jul. 21, 2014 | 16-May-14 | 1-May-14 | Mar. 04, 2014 | Sep. 30, 2014 | Sep. 30, 2014 | Oct. 21, 2014 | Oct. 21, 2014 | Oct. 21, 2014 | Oct. 21, 2014 | Jul. 21, 2014 | Oct. 21, 2014 | Oct. 21, 2014 |
Promissory Note Twenty Three [Member] | Promissory Note Twenty Three [Member] | Promissory Note Twenty Two [Member] | Promissory Note Twenty Two [Member] | Promissory Note Nineteen [Member] | Promissory Note Nineteen [Member] | Promissory Note Nineteen [Member] | Promissory Note Nineteen [Member] | Promissory Note Nineteen [Member] | Promissory Note Nineteen [Member] | Promissory Note Nineteen [Member] | Promissory Note Eighteen [Member] | Promissory Note Eighteen [Member] | Promissory Note Eighteen [Member] | Promissory Note Eighteen [Member] | Promissory Note Eighteen [Member] | Promissory Note [Member] | Note Payable One [Member] | Subsequent Event [Member] | Subsequent Event [Member] | Subsequent Event [Member] | Subsequent Event [Member] | Subsequent Event [Member] | Subsequent Event [Member] | Subsequent Event [Member] | |||
Promissory Note Twenty Three [Member] | Promissory Note Twenty Two [Member] | Promissory Note Nineteen [Member] | Promissory Note Eighteen [Member] | Short Term Promissory Note Seven [Member] | Note Payable One [Member] | ||||||||||||||||||||||
item | |||||||||||||||||||||||||||
Subsequent Event [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Note payable amount | ' | ' | ' | $123,000 | ' | $25,000 | ' | $210,000 | ' | ' | ' | ' | ' | ' | $105,000 | $150,000 | $17,500 | $75,000 | ' | ' | $870,457 | ' | ' | ' | $105,000 | ' | ' |
Interest rate | ' | ' | ' | 15.00% | ' | 15.00% | ' | 15.00% | ' | ' | ' | ' | ' | ' | 15.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | 15.00% | 10.00% | ' |
Principal paid | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 75,000 | ' | 12,500 | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Accrued interest payable | 53,748 | 67,933 | 2,072 | ' | 247 | ' | 5,523 | ' | ' | ' | ' | ' | ' | 2,244 | ' | ' | ' | ' | 15,457 | 2,244 | ' | ' | ' | ' | ' | 7,957 | ' |
Payments made | ' | ' | ' | ' | ' | ' | ' | ' | 32,500 | 25,000 | 50,000 | 42,500 | 60,000 | ' | ' | ' | ' | ' | ' | ' | ' | 870,457 | 870,457 | 870,457 | ' | ' | 870,457 |
Number of notes into which original notes replaced | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 7 | ' |
Secured debt amount | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | $175,000 | ' |
COMMON_AND_PREFERRED_STOCK_TRA
COMMON AND PREFERRED STOCK TRANSACTIONS (Details) (USD $) | 6 Months Ended | |
Sep. 30, 2014 | Sep. 30, 2013 | |
Stockholders Equity [Line Items] | ' | ' |
Stock payable for service | $66,080 | $28,260 |
Amount of restricted stock units forfeited | ' | 13,750 |
Conversion of notes payable | 696,373 | ' |
Common stock issued for employee bonus (stock payable) | ' | $600 |
RELATED_PARTY_TRANSACTIONS_Det
RELATED PARTY TRANSACTIONS (Details) (USD $) | 6 Months Ended | |
Sep. 30, 2014 | Sep. 30, 2013 | |
Related Party Transaction [Line Items] | ' | ' |
Net value of common stock issued | $66,080 | $28,260 |
Conversion of notes payable | $696,373 | ' |
ACCOUNTS_RECEIVABLE_Details
ACCOUNTS RECEIVABLE (Details) (USD $) | 6 Months Ended | |
Sep. 30, 2014 | Sep. 30, 2013 | |
ACCOUNTS RECEIVABLE [Abstract] | ' | ' |
Bad debt expense | ' | ($50,740) |