Eft (EFTB) 10-Q 19 Feb 14 2014 Q3 Quarterly report Financial data

Document_And_Entity_Informatio

Document And Entity Information	9 Months Ended
	Dec. 31, 2013	Feb. 19, 2014
Document Information [Line Items]	'	'
Entity Registrant Name	'EFT Holdings, Inc.	'
Entity Central Index Key	'0001450973	'
Current Fiscal Year End Date	'--03-31	'
Entity Filer Category	'Smaller Reporting Company	'
Trading Symbol	'EFTB	'
Entity Common Stock, Shares Outstanding	'	75,983,201
Document Type	'10-Q	'
Amendment Flag	'false	'
Document Period End Date	31-Dec-13	'
Document Fiscal Period Focus	'Q3	'
Document Fiscal Year Focus	'2014	'

Consolidated_Balance_Sheets

Consolidated Balance Sheets(USD ($))	Dec. 31, 2013	Mar. 31, 2013
Current assets	'	'
Cash and cash equivalents	$1,385,128	$1,732,270
Securities available for sale	5,401,530	8,320,698
Transportation equipment held for sale	1,000,489	1,235,000
Inventories	1,190,908	2,029,017
Prepaid expenses	841,986	568,612
Other receivables	594,489	590,421
Total current assets	10,414,530	14,476,018
Restricted cash	205,673	209,284
Property and equipment, net	1,192,634	1,381,217
Prepayment on developments in progress	8,976,862	8,987,023
Security deposit	429,233	436,682
Total assets	21,218,932	25,490,224
Current liabilities	'	'
Accounts payable	809,843	907,966
Commission payable	3,929,510	4,155,155
Other liabilities	9,478,388	1,340,322
Unearned revenues	3,245,456	3,490,976
Short-term loan	571,200	319,966
Due to related parties	47,361	48,193
Contingent liabilities	2,922,028	2,631,579
Total current liabilities	21,003,786	12,894,157
EFT Holdings, Inc. stockholders' equity:	'	'
Preferred stock, $0.001 par value, 25,000,000 shares authorized, none issued and outstanding	0	0
Common stock, $0.00001 par value, 4,975,000,000 shares authorized, 75,983,201 shares issued and outstanding at December 31 and March 31, 2013	760	760
Additional paid in capital	52,854,891	52,854,891
Retained deficits	-46,915,891	-34,936,854
Accumulated other comprehensive income	871,931	1,107,442
Total EFT Holdings, Inc. stockholders’ equity	6,811,691	19,026,239
Non-controlling interest	-6,596,545	-6,430,172
Total equity	215,146	12,596,067
Total liabilities and equity	$21,218,932	$25,490,224

Consolidated_Balance_Sheets_Pa

Consolidated Balance Sheets (Parenthetical) (USD $)	Dec. 31, 2013	Mar. 31, 2013
Preferred stock, par value (in dollars per share)	$0.00	$0.00
Preferred stock, shares authorized	25,000,000	25,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, par value (in dollars per share)	$0.00	$0.00
Common stock, shares authorized	4,975,000,000	4,975,000,000
Common stock, shares issued	75,983,201	75,983,201
Common stock, shares outstanding	75,983,201	75,983,201

Consolidated_Statements_of_Inc

Consolidated Statements of Income (USD $)	3 Months Ended		9 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2013	Dec. 31, 2012
Sales revenues, net	$348,096	$588,763	$1,280,325	$1,679,673
Shipping charges	85,753	118,328	307,230	344,836
Access fees	0	10,060	0	101,370
Total revenues	433,849	717,151	1,587,555	2,125,879
Cost of goods sold	97,639	234,381	462,328	497,501
Shipping costs	10,882	4,424	39,761	4,842
Operating costs - Excalibur	114,334	258,491	349,430	761,569
Total cost of revenues	222,855	497,296	851,519	1,263,912
Gross profit	210,994	219,855	736,036	861,967
Operating expenses:	'	'	'	'
Selling, general and administrative expenses	1,803,621	1,584,352	5,140,100	4,429,669
Inventory obsolescence	293,501	-208,681	398,708	498,398
Royalty expenses - Related party	35,482	59,686	115,886	174,842
Total operating expenses	2,132,604	1,435,357	5,654,694	5,102,909
Net operating loss	-1,921,610	-1,215,502	-4,918,658	-4,240,942
Other income/(expense)	'	'	'	'
Interest income	69,706	153,226	228,626	455,247
Interest expense	-1,720	-21,879	-5,669	-118,226
Gain/(loss) on disposal of fixed assets	-5,250	-77	-6,115	-12,713
Gain on disposal of securities available for sale (includes $74,198 and $9,488 accumulated other comprehensive income reclassified from unrealized gains on securities available for sale for the nine months ended December 31, 2013 and 2012, respectively)	-4,209	282,649	46,408	353,371
Dividend income	0	1,001	0	26,655
Foreign exchange gain	118	199,084	46,779	708,484
Other income	125,727	1,054	205,057	3,415
Total other income	184,372	615,058	515,086	1,416,233
Net loss before income taxes and non-controlling interest	-1,737,238	-600,444	-4,403,572	-2,824,709
Income tax benefit/(provision)	-7,741,386	-4,168	-7,732,653	-17,306
Net loss	-9,478,624	-604,612	-12,136,225	-2,842,015
Non-controlling interest	57,413	179,799	157,188	402,611
Net loss attributable to EFT Holdings, Inc.	($9,421,211)	($424,813)	($11,979,037)	($2,439,404)
Net loss per common share	'	'	'	'
Basic and diluted (in dollars per share)	($0.12)	($0.01)	($0.16)	($0.03)
Weighted average common shares outstanding	'	'	'	'
Basic and diluted (in shares)	75,983,201	75,983,201	75,983,201	75,983,201

Consolidated_Statements_of_Inc1

Consolidated Statements of Income (Parenthetical) (USD $)	9 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI for Sale of Securities, before Tax	$74,198	$9,488

Consolidated_Statements_of_Com

Consolidated Statements of Comprehensive Income (USD $)	3 Months Ended		9 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2013	Dec. 31, 2012
Net loss	($9,478,624)	($604,612)	($12,136,225)	($2,842,015)
Other comprehensive income/(loss)	'	'	'	'
Foreign currency translation adjustment	-159,098	-335,199	-109,562	-790,610
Unrealized gain / (loss) on securities available for sale	17,517	-258,258	-135,134	-6,570
Comprehensive loss	-9,620,205	-1,198,069	-12,380,921	-3,639,195
Less: Comprehensive loss attributable to non-controlling interests	-168,231	-238,361	-166,373	-704,370
Comprehensive loss attributable to EFT Holdings, Inc.	($9,451,974)	($959,708)	($12,214,548)	($2,934,825)

Consolidated_Statements_of_Cha

Consolidated Statements of Changes in Equity (USD $)	Total	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Accumulated Other Comprehensive Income (Loss) [Member]	Noncontrolling Interest [Member]
BALANCE at Mar. 31, 2012	$34,347,680	$760	$52,854,891	($15,771,169)	$708,431	($3,445,233)
BALANCE (in shares) at Mar. 31, 2012	'	75,983,201	'	'	'	'
Comprehensive income:	'	'	'	'	'	'
Net loss	-22,519,529	0	0	-19,165,685	0	-3,353,844
Unrealized gain (loss) on securities available for sale	-70,605	0	0	0	-70,605	0
Foreign currency translation adjustment	838,521	0	0	0	469,616	368,905
Total comprehensive loss	-21,751,613	'	'	'	'	'
BALANCE at Mar. 31, 2013	12,596,067	760	52,854,891	-34,936,854	1,107,442	-6,430,172
BALANCE (in shares) at Mar. 31, 2013	'	75,983,201	'	'	'	'
Comprehensive income:	'	'	'	'	'	'
Net loss	-12,136,225	0	0	-11,979,037	0	-157,188
Unrealized gain (loss) on securities available for sale	-135,134	0	0	0	-135,134	0
Foreign currency translation adjustment	-109,562	0	0	0	-100,377	-9,185
Total comprehensive loss	-12,380,921	'	'	'	'	'
BALANCE at Dec. 31, 2013	$215,146	$760	$52,854,891	($46,915,891)	$871,931	($6,596,545)
BALANCE (in shares) at Dec. 31, 2013	'	75,983,201	'	'	'	'

Consolidated_Statements_of_Cas

Consolidated Statements of Cash Flows (USD $)	9 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Cash flows from operating activities:	'	'
Net loss	($12,136,225)	($2,842,015)
Adjustments to reconcile net loss to net cash used in operating activities:	'	'
Depreciation and amortization	420,500	833,119
Gain from securities available for sale	-46,408	-353,371
Stock dividends	0	-6,098
Provision for inventory obsolescence	398,708	498,398
Loss on disposal of fixed assets	6,115	12,713
Changes in operating assets and liabilities:	'	'
Contingent liabilities	216,816	0
Inventories	440,627	506,620
Prepaid expenses	302,176	155,871
Other receivables	142	-45,672
Accounts payable	-30,317	-1,325,902
Commission payable	-225,646	-29,847
Other liabilities	8,069,909	-121,191
Unearned revenues	-245,520	181,069
Net cash used in operating activities	-2,829,123	-2,536,306
Cash flows from investing activities:	'	'
Additions to fixed assets	-7,023	-63,752
Proceeds from disposal of fixed assets	9,477	0
Purchase of securities available for sale	-1,933,275	-21,098,890
Proceeds from available for sales securities	4,763,717	24,408,056
Net cash provided by investing activities	2,832,896	3,245,414
Cash flows from financing activities	'	'
Repayment of installment plan	-319,966	-62,414
Proceeds from short-term loans	'	7,937,289
Repayment of short-term loans	0	-7,937,289
Net cash used in financing activities	-319,966	-62,414
Effect of exchange rate changes on cash	-30,949	-654,506
Net decrease in cash	-347,142	-7,812
Cash, beginning of period	1,732,270	4,346,517
Cash, end of period	1,385,128	4,338,705
Supplemental disclosures of cash flow information:	'	'
Interest expenses paid in cash	5,669	118,226
Income tax paid in cash	57	14,816
Non-cash investing and financing activities:	'	'
Financing of directors’ and officers’ insurance through installment loan	$571,200	$571,200

ORGANIZATION

ORGANIZATION	9 Months Ended
	Dec. 31, 2013
Organization, Consolidation and Presentation of Financial Statements [Abstract]	'
Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]	'
	Note 1 - ORGANIZATION
	EFT Holdings, Inc., “EFT Holdings” or the “Company,” formerly EFT Biotech Holdings, Inc., was incorporated in the State of Nevada on March 19, 1992.
	On November 18, 2007, the Company issued 53,300,000 shares of its common stock in connection with a share exchange with the stockholders of EFT BioTech, Inc., “EFT BioTech,” a Nevada Corporation formed on September 18, 2007, the “Transaction,” pursuant to which EFT BioTech became a wholly-owned subsidiary of the Company. The 53,300,000 common shares issued included 52,099,000 to pre-capitalization shareholders and 1,201,000 to four directors and officers of EFT BioTech, and represented approximately 87.34% of the Company’s common stock outstanding after the Transaction. Consequently, the stockholders of EFT BioTech owned a majority of the Company's common stock immediately following the Transaction. As EFT Holdings was a non-operating public shell corporation that acquired an operating company, this Transaction was treated as a capital transaction where the acquiring corporation issued stock for the net monetary assets of the shell corporation, accompanied by a recapitalization. The accounting is similar in form to a reverse acquisition, except that goodwill or other intangibles are not recorded. All references to EFT BioTech common stock have been restated to reflect the equivalent numbers of EFT Holdings common shares.
	The Company’s business is classified by management into three reportable segments: online, transportation and beverage. These reportable segments are three distinct businesses, each with a different customer base, marketing strategy and management structure. Substantially all of the Company’s revenue is generated from Mainland China.
	The online business reportable segment is an aggregation of the Company’s online operating segments, which are organized to sell the Company’s products to “Affiliates” through its website. To become an Affiliate, a customer must be recommended by another Affiliate, make a minimum purchase of $600, and pay $60 for shipping and handling fees. The Company, through its subsidiaries, uses the internet as its ‘storefront’ and business platform to sell and distribute American brand products consisting of 27 different nutritional products, some of which are oral sprays, 21 different personal care products, an environmentally protective automotive product, an environmentally friendly house cleaner and a flip top portable drinking container. The Company also assigned network access rights to third-party companies, which, in return, compensate EFT by paying access fees in an amount equal to 10% of the respective enrollment fee of every Affiliate who enters the e-phone and traveler program. For Affiliates that enter the $800 and $8,000 travel programs, an access fee in the amount of $30 and $300, respectively, will be paid.
	In February 2010, the Company assigned the worldwide distribution and servicing rights to a product known as the “EFT-Phone” to Digital Development Partners, “Digital,” a previously unrelated company, in exchange for 79,265,000 shares of Digital’s common stock. The shares acquired represent approximately 92% of Digital’s outstanding common stock.
	The transportation business reportable segment derives revenue from transporting passengers and cargo between Taiwan and Mainland China through the Taiwan Strait. On July 25, 2008, the Company loaned $1,567,000 to Yeuh-Chi Liu, a vendor to the Company. The proceeds of the loan were used by Yeuh-Chi Liu to acquire a 3.97% interest in Excalibur International Marine Corporation, “Excalibur,” which was offered as collateral for the loan. The Company does not expect that this loan will be repaid and the loan was written off as of December 31, 2010. The Company has not yet enforced its interest in the collateral. Yeuh-Chi Liu has served as a member of the board of directors of Excalibur since July 23, 2008. On October 25, 2008, EFT Investment Co. Ltd., “EFT Investment,” a subsidiary of the Company, acquired 48.81% of Excalibur’s capital stock. Due to this combined ownership and the substantial financial support EFT Investment has provided to Excalibur to fund its operations and other factors, EFT Investment is deemed to have a controlling interest in Excalibur as defined by Accounting Standards Codification, “ASC,” Topic 810, Consolidation, which required the Company to consolidate the financial statements of Excalibur.
	Historically, Taiwan Vessel Law set forth certain Taiwan shareholding requirements for companies owning ships registered in Taiwan. For example, a limited liability company owning a ship registered in Taiwan, not operating international liners, like Excalibur, was required to have at least 2/3 of its capital stock owned by Taiwanese citizens. However, violation of this requirement did not subject the Company to fines and/or other penalties. The Vessel Law was amended in December 2010, and, after the amendment, no more than 50% of the capital stock of limited liability companies owning ships registered in Taiwan, like Excalibur, can be owned by non-Taiwanese citizens. Therefore, the Company’s ownership in Excalibur is no longer required to be reduced to 33% and the Company’s ownership of 48.81% of the capital stock of Excalibur is in compliance with applicable law in Taiwan.
	The beverage reportable segment derives revenue and expense from the bottled water factory in Baiquan, Heilongjiang Province, China.   This bottled water factory started production in April 2013, but production was suspended because the factory was sued by a contractor who constructed the water plant.   The production is expected to resume when the lawsuit is closed and final.

SUMMARY_OF_SIGNIFICANT_ACCOUNT

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	9 Months Ended
	Dec. 31, 2013
Accounting Policies [Abstract]	'
Significant Accounting Policies [Text Block]	'
	Note 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
	The significant accounting policies used in preparation of these consolidated financial statements for the nine months ended December 31, 2013 are consistent with those discussed in Note 2 to the consolidated financial statements in the Company’s Annual Report on Form 10-K for the year ended March 31, 2013. The Company consolidates Excalibur based on a three-month lag with the Company’s reporting periods as discussed in Note 11.
	Reclassification
	Certain amounts have been reclassified to conform with the current period presentation. The amounts reclassified did not have an effect on the Company’s results of operations or stockholders’ equity.
	Recent accounting pronouncements
	There are no accounting standards that have been issued but not yet adopted that we believe will have a material impact on our financial position or results of operations.
	Going Concern
	The Company reported a net loss of $12,136,225 for the nine months ended December 31, 2013.  At December 31, 2013 and March 31, 2013, the Company’s accumulated deficit amounted to $46,915,891 and $34,936,854, respectively. The Company expects to continue incurring losses for the foreseeable future and may need to raise additional capital from external sources in order to continue the long-term efforts contemplated under its business plan. These factors raise substantial doubt regarding the Company’s ability to continue as a going concern.

FAIR_VALUE_MEASUREMENTS

FAIR VALUE MEASUREMENTS	9 Months Ended
	Dec. 31, 2013
Fair Value Disclosures [Abstract]	'
Fair Value Disclosures [Text Block]	'
	Note 3 - FAIR VALUE MEASUREMENTS
	ASC Topic 820 defines fair value, establishes a framework for measuring fair value and enhances disclosure requirements for fair value measurements. This topic does not require any new fair value measurements. ASC Topic 820 defines fair value as the price that would be received upon the sale of an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. As such, fair value is a market-based measurement that should be determined based on assumptions that market participants would use in pricing an asset or a liability. As a basis for considering such assumptions, ASC Topic 820 establishes a three-tier value hierarchy, which prioritizes the inputs used in the valuation methodologies in measuring fair value:
	Level 1 —	Observable inputs that reflect quoted prices (unadjusted) for identical assets or liabilities in active markets.
	Level 2—	Other inputs that are directly or indirectly observable in the marketplace.
	Level 3—	Unobservable inputs which are supported by little or no market activity.
	The fair value hierarchy also requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. In accordance with ASC Topic 820, the Company measures its securities available for sale at fair value. The securities available for sale are classified within Level 1 since they are valued using quoted market prices.
	As discussed in Note 12, the Company’s investment in CTX Virtual Technologies has been measured at fair value, on a non-recurring basis, using Level 3 – unobservable inputs, to reflect the Company’s assessment of its inability to recover its investment in the foreseeable future. Accordingly, on a non-recurring basis, using Level 3 – unobservable inputs, the Company recorded an impairment loss of $5.0 million during the year ended March 31, 2011.
	Assets measured at fair value are summarized below:
			31-Dec-13
			Level 1
			Quoted Prices		Level 2
			in Active		Significant		Level 3
			Markets for		Other		Significant
			Identical		Observable		Unobservable
			Assets		Inputs		Inputs		Total
	Securities available for sale - Corporate bonds		$	5,401,530	$	-	$	-	$	5,401,530
	CTX Virtual Technologies			-		-		-		-
	Total assets measured at fair value		$	5,401,530	$	-	$	-	$	5,401,530
			March 31, 2013
			Level 1
			Quoted Prices		Level 2
			in Active		Significant		Level 3
			Markets for		Other		Significant
			Identical		Observable		Unobservable
			Assets		Inputs		Inputs		Total
	Securities available for sale - Corporate bonds		$	8,320,698	$	-	$	-	$	8,320,698
	CTX Virtual Technologies			-		-		-		-
	Total assets measured at fair value		$	8,320,698	$	-	$	-	$	8,320,698

SECURITIES_AVAILABLE_FOR_SALE

SECURITIES AVAILABLE FOR SALE	9 Months Ended
	Dec. 31, 2013
Investments, Debt and Equity Securities [Abstract]	'
Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block]	'
	Note 4 – SECURITIES AVAILABLE FOR SALE
	Securities available for sale consist of the following:
			December 31, 2013
			Amortized		Unrealized			Unrealized			Market			Average
			Cost		Gains			Losses			Value			Duration (1)
	Corporate bonds		$	2,682,087	$	49,710		$	-67,172		$	2,664,625			2.57
	Corporate notes			1,318,745		14,060			-35,650			1,297,155			2.44
	Variable rate note			203,000		5,000			-			208,000			Perpetual
	Corporate high-yield bonds			1,240,935		5,475			-14,660			1,231,750			2.8
	Total debt securities		$	5,444,767	$	74,245		$	-117,482		$	5,401,530
			March 31, 2013
			Amortized			Unrealized			Unrealized			Market			Average
			Cost			Gains			Losses			Value			Duration (1)
	Corporate bonds		$	4,823,609		$	177,686		$	-61,786		$	4,939,509			2.56
	Corporate notes			2,006,092			12,607			-20,630			1,998,069			6.3
	Variable rate notes			607,500			-			-14,220			593,280			9.83
	Corporate high-yield bonds			791,600			-			-1,760			789,840			9.61
	Total debt securities		$	8,228,801		$	190,293		$	-98,396		$	8,320,698
		-1	Average remaining duration to maturity, in years
	All securities were classified as available for sale as of each date presented.
	The following table shows the gross unrealized losses and fair value of the Company’s investments, aggregated by investment category and length of time that the individual securities have been in a continuous unrealized loss position, as of December 31, 2013:
			Less than 1 year					1 Year or More						Total
			Market		Unrealized			Market			Unrealized			Market			Unrealized
			Value		Losses			Value			Losses			Value			Loss
	Corporate bonds		$	1,025,252	$	-16,643		$	707,482		$	-50,529		$	1,732,734		$	-67,172
	Corporate notes			-		-			963,100			-35,650			963,100			-35,650
	Corporate high-yield bonds			728,000		-14,660			-			-			728,000			-14,660
	Total debt securities		$	1,753,252	$	-31,303		$	1,670,582		$	-86,179		$	3,423,834		$	-117,482
	Declines in the fair value of available for sale securities below their cost that are deemed to be other than temporary are reflected in earnings as realized losses to the extent the impairment is related to credit losses. The amount of the impairment related to other factors is recognized in other comprehensive income. In estimating other-than-temporary impairment losses, management considers, among other things: (i) the length of time and the extent to which the fair value has been lower than cost; (ii) the financial condition and near-term prospects of the issuer; and (iii) the intent and ability to retain the investment in the issuer for a period of time sufficient to allow for any anticipated recovery of cost.
	There were 85 securities in an unrealized loss position at December 31, 2013.  Management does not intend to sell any of the securities classified as available for sale which have unrealized losses and believes that it is not likely that the Company will have to sell any such securities before a recovery of cost. The unrealized losses are largely due to increases in market interest rates over the yields available at the time the underlying securities were purchased and are not the result of deteriorated credit quality. The fair value is expected to recover as the bonds approach their maturity or re-pricing date or if market yields for such investments decline. Management does not believe such securities are other-than-temporarily impaired due to reasons of credit quality.
	Investment securities with a book value of $4,717,309 were sold during the nine months ended December 31, 2013.  The Company recognized a gain of $46,408 on the sale of those securities.

TRANSPORTATION_EQUIPMENT_HELD_

TRANSPORTATION EQUIPMENT HELD FOR SALE	9 Months Ended
	Dec. 31, 2013
Property, Plant and Equipment Assets Held-for-sale Disclosure [Abstract]	'
Transportation equipment held for sale [Text Block]	'
	Note 5 – TRANSPORTATION EQUIPMENT HELD FOR SALE
	On August 8, 2010, the Company’s vessel, the Ocean LaLa, was damaged when sailing in the Taiwan Strait.  As a result of the damage suffered, the Ocean LaLa has been taken out of service and management estimated that the net book value of the equipment exceeded its market value and an impairment loss of $5.4 million has been provided for the year ended March 31, 2011.
	Since August 2010, the Ocean LaLa has remained in dry dock and its damage has not been repaired. As such, professional valuations of the Ocean LaLa have been difficult to obtain.  Therefore, alternative methods have been utilized.  The Company searched ship broker information to get a market price for a similar, i.e., with similar size and capacity, but fully functional vessel, since the Company could not find a similar vessel with the exact damage as the Ocean LaLa.  The market value of the Ocean LaLa was then calculated by subtracting the quoted repair estimate for the Ocean LaLa from the market value of such similar vessel. In addition, in March 2013, the Company received an offer from an independent third party to purchase the Ocean LaLa.  The adjusted market value described above exceeded the net carrying value of the vessel, but the offer to purchase the Ocean LaLa was below the net book value.  Based on the above analysis, the Company concluded that the net carrying value of the equipment exceeded its fair value and a further impairment loss of $5.5 million was recorded during the year ended March 31, 2013.
	The following table summarizes the carrying value of the Ocean LaLa as of September 30, 2013 and December 31, 2012 because the Company consolidates Excalibur based on a three-month lag with the Company’s reporting period:
		Transportation equipment
		September 30, 2013				December 31, 2012
		NTD*		USD		NTD*		USD
	Original cost		550,026,267		18,607,113		550,026,267		18,933,779
	Less: impairment loss made in 2011		-171,472,850		-5,800,841		-171,472,850		-5,902,680
	Less: impairment loss made in 2013		-161,537,135		-5,464,720		-161,537,135		-5,560,659
			217,016,282		7,341,552		217,016,282		7,470,440
	Less: Accumulated depreciation		-187,441,820		-6,341,063		-181,139,532		-6,235,440
	Net carrying value		29,574,462		1,000,489		35,876,750		1,235,000
	*NTD: New Taiwan Dollar
	During the period, Excalibur’s management obtained approval from its shareholders to sell the vessel.  The transportation equipment was then classified as held for sale as it met all the criteria outlined by ASC 360-10-45-9.  In December 2013, Excalibur signed a memorandum of agreement with a potential buyer to sell the Ocean LaLa for a price of $1,500,000. The buyer has paid a deposit of 10% of the purchase price to Excalibur, and the remaining 90% will be paid on the delivery date of the vessel.  The expected date of delivery will be February 28th to March 15th, 2014.  Title to the vessel will pass to the buyer upon full payment of the purchase price.   A commission of 3% based on the purchase price will be paid to the broker handling the transaction.

INVENTORIES

INVENTORIES	9 Months Ended
	Dec. 31, 2013
Inventory Disclosure [Abstract]	'
Inventory Disclosure [Text Block]	'
	Note 6 – INVENTORIES
	Inventories are valued at the lower of cost, determined on a first-in, first-out or market basis. Inventory consists of nutritional, personal care, automotive additive, environmentally safe products, portable drinking containers and EFT-Phone. The Company has three warehouses, one in City of Industry, CA; one in Kowloon, Hong Kong; and one at its factory in the PRC. The Company also consigned some of its inventories to two logistic service providers in China.  On a quarterly basis, the Company’s management reviews inventory levels in each country for estimated obsolescence or unmarketable items, as compared with future demand requirements and the shelf life of the various products.  Based on this review, the Company records inventory write-downs when costs exceed expected net realizable value.
	The components of inventories were as follows:
		December 31,		March 31,
		2013		2013
	Raw materials	$	44,555	$	36,820
	Supplies		-		10,923
	Finished goods		1,690,118		2,426,069
			1,734,673		2,473,812
	Less: Provision for inventory obsolescence		-543,765		-444,795
		$	1,190,908	$	2,029,017

RESTRICTED_CASH

RESTRICTED CASH	9 Months Ended
	Dec. 31, 2013
Receivables [Abstract]	'
Restricted Assets Disclosure [Text Block]	'
	Note 7 - RESTRICTED CASH
	On August 20, 2009, Taiwan Taipei district court froze Excalibur’s cash of NTD 6,079,694, equivalent to $205,673, as a result of a lawsuit filed by Marinteknik Shipbuilders (S) Pte Ltd., a Singapore company, against Excalibur in the Taiwan Taichung District Court. The lawsuit claims Excalibur owes service fees and out-of-pocket expenses of $249,731 to Marinteknik Shipbuilder (S) Pte Ltd. The restricted cash remained unchanged as of December 31 and March 31, 2013, except as a result of changes in foreign exchange rates.

PROPERTY_AND_EQUIPMENT

PROPERTY AND EQUIPMENT	9 Months Ended
	Dec. 31, 2013
Property, Plant and Equipment [Abstract]	'
Property, Plant and Equipment Disclosure [Text Block]	'
	Note 8 – PROPERTY AND EQUIPMENT
	Property and equipment consist of the following:
		December 31,		March 31,
		2013		2013
	Property and plant		970,819		945,806
	Leasehold improvements		445,221		524,006
	Automobiles		215,809		243,113
	Computer equipment		124,944		128,127
	Furniture and fixtures		94,439		95,642
	Machinery and equipment		372,600		368,618
			2,223,832		2,305,312
	Less: Accumulated depreciation		-1,031,198		-924,095
		$	1,192,634	$	1,381,217

LOANS_TO_RELATED_PARTIES_AND_R

LOANS TO RELATED PARTIES AND RELATED PARTY TRANSACTIONS	9 Months Ended
	Dec. 31, 2013
Loans To Related Parties and Related Party Transactions [Abstract]	'
Loans to Related Parties and Related Party Transactions [Text Block]	'
	Note 9 - LOANS TO RELATED PARTIES AND RELATED PARTY TRANSACTIONS
	The board of directors of the Company approved a non-interest bearing demand loan in the amount of $1,567,000 on July 25, 2008 to Yeuh-Chi Liu, a vendor to the Company. The $1,567,000 loan was used by Yeuh-Chi Liu to purchase a 3.97% ownership interest in Excalibur, see Note 11, and is collateralized by that interest. Yeuh-Chi Liu has served as a member of the board of directors of Excalibur since July 23, 2008. The Company does not expect that this loan will be repaid and the loan was written off as of December 31, 2010. The Company has not yet enforced its interest in the collateral.
	The Company uses the “EFT” name, a trademark owned and licensed to it by EFT Assets Limited. The Company is required to pay an annual royalty to EFT Assets Limited equal to a percentage of its gross sales for the previous fiscal year. The percentage is 5% for the first $30 million in gross sales, 4% for the $10 million in gross sales in excess of $30 million, 3% for the $10 million in gross sales in excess of $40 million; 2% for the $10 million in gross sales in excess of $50 million; and 1% for the $10 million in gross sales in excess of $60 million. EFT Assets Limited is owned by a number of persons, including Wendy Qin, director of EFT International Ltd. Ms. Qin is the sister of Jack Jie Qin, the Company’s president. During the nine months ended December 31, 2013 and 2012, the royalties payable to EFT Assets Limited were $115,886 and $174,842, respectively. As of December 31 and March 31, 2013, the royalties due to EFT Assets Limited were $9,047 and Nil, respectively.
	In March 2010, one of the Company’s subsidiaries, EFT International Ltd., entered into a consultancy agreement with JFL Capital Limited, a company in which Wendy Qin serves as a director and is one of the principal shareholders. Under this agreement, EFT International Ltd. engaged JFL Capital Limited to provide EFT International Ltd. consultancy services on administration, financial matters, corporate planning and business development commencing from April 1, 2010, and the annual fee will be increased at the rate of $15,000 each year. The agreement may be terminated by either party on three months’ written notice. During the nine months ended December 31, 2013 and 2012, the consultancy fees payable to JFL Capital Limited were $270,000 and $258,750, respectively.
	The Company rents a 6,500 square foot office space for its satellite training center in Hong Kong.  This office is located at Langham Office Tower, 8 Argyle Street, Suite 3706, Kowloon, Hong Kong SAR. The leased space is owned by a number of persons, including Wendy Qin, a director of EFT (HK) Ltd. and the sister of Jack Jie Qin, the Company’s president.  The lease for this space expires on March 31, 2015, with a monthly rental of $30,900. During the nine months ended December 31, 2013 and 2012, the Company paid the lessor $278,351 and $278,710, respectively, in rent.

PREPAYMENT_ON_DEVELOPMENT_IN_P

PREPAYMENT ON DEVELOPMENT IN PROGRESS	9 Months Ended
	Dec. 31, 2013
Investment In Development In Progress [Abstract]	'
Investment In Development In Progress [Text Block]	'
	Note 10 – PREPAYMENT ON DEVELOPMENT IN PROGRESS
	On May 2, 2011, Jack Jie Qin, as an agent, entered into two series of agreements, one series with Meifu Development Co., Ltd., “Meifu”, and the other series with TransGlobe Life Insurance Inc., “TransGlobe”, to purchase an office building located in Taipei, Taiwan, the “Taiwan Building”. The Taiwan Building consists of 14 floors and 144 parking spaces.  The agreements signed with Meifu related to the purchase of the 8 th -14 th floors, 1 out of 2 units on the 7 th floor and 79 parking spaces, while the agreements signed with TransGlobe were for the purchase of the 1 st -6 th floors, the other unit on the 7 th floor and the remaining 65 parking spaces in the Taiwan Building. The total purchase price for the Taiwan Building was approximately $235.3 million. The Company intended to retain one floor of the Taiwan Building for its own business operations and planned to sell the majority of the remaining floors.
	On July 1 and July 7, 2011, EFT Investment Co. Ltd., “EFT Investment”, a wholly-owned subsidiary of the Company, as a party to the contract in place of Jack Jie Qin, entered into two sets of agreements, the “July 2011 Agreements”, with the sellers of the Taiwan Building that provided for substantially the same rights and obligations as the original May 2, 2011 agreements. Pursuant to the terms of the July 2011 Agreements, EFT Investment was obliged to pay the remaining twelve outstanding installments with various amounts due up to the scheduled completion of the Taiwan Building. Each subsequent quarterly payment, starting from April 20, 2012, was approximately $4 million, with the residual payment of approximately $163.6 million due at the time of completion of the Taiwan Building. As of December 31, 2013, payment of NTD600 million, approximately $20.8 million, has been made.
	The payments due to Meifu and TransGlobe under the July 2011 Agreements were suspended by EFT Investment due to, among other things, the failure of Meifu and TransGlobe to comply with certain conditions precedent applicable to the agreements and the Company’s belief that Meifu and TransGlobe had committed fraud on EFT Investment in the deliberate non-disclosure of information during the course of the transactions.
	On June 15, 2012, EFT Investment received a letter, the “Meifu Letter”, from Meifu wherein Meifu served notice of termination, as of that date, of its contracts with EFT Investment for the purchase of the Taiwan Building and a purported forfeiture of EFT Investment’s deposit of approximately $16.7 million, the “Deposit”. Subsequently, on June 29, 2012, EFT Investment’s local counsel issued a letter to Meifu alleging fraud and misrepresentation by Meifu during the course of the transactions. EFT Investment contended that the Meifu Letter and the purported termination of contracts between Meifu and EFT Investment were invalid and demanded the return of the Deposit and construction advances. On July 3, 2012, EFT Investment’s local counsel issued a letter to TransGlobe with substantially the same contentions as contained in the June 29, 2012 letter to Meifu and therein argued that the contracts between TransGlobe and EFT Investment were terminated and requested that all payments made to TransGlobe be returned. On October 10, 2012, EFT Investment received a letter from TransGlobe by which TransGlobe served a “notice of termination”, as of that date, of its contracts with EFT Investment for the purchase of the Taiwan Building and a purported forfeiture of EFT Investment’s deposit of approximately $3.4 million, the “Deposit”. Subsequently, on November 7, 2012, EFT Investment's local counsel issued a letter to Meifu and TransGlobe alleging fraud and misrepresentation by Meifu and TransGlobe during the course of the transactions.
	The Company has alleged that there was fraud and misrepresentation by Meifu and TransGlobe during the course of the Company’s transactions with those companies, and has filed a statement of complaint with the local prosecutor’s office in Taiwan.  These allegations are currently under investigation by the Taipei district prosecutor office and the investigation bureau of the Ministry of Justice.  As required by U.S. GAAP, the Company performed an impairment analysis related to the prepayment on the development in progress asset and recorded an impairment of approximately $11,227,000 related to this asset based on this analysis for the year ended March 31, 2013.  Notwithstanding such impairment, the Company has continued to vigorously pursue its claims for the full value of the prepayment on the development in progress asset.

EXCALIBUR

EXCALIBUR	9 Months Ended
	Dec. 31, 2013
Excalibur [Abstract]	'
Excalibur [Text Block]	'
	Note 11 – EXCALIBUR
	On October 25, 2008, the Company through its wholly-owned subsidiary, EFT Investment, acquired a 48.81% equity interest in Excalibur for $19,193,000. The Company initially loaned funds to Excalibur in July 2008 and subsequently has continued to provide Excalibur with loan capital to fund its operations.
	As disclosed in Note 9, on July 25, 2008, the Company loaned $1,567,000 to Yeuh-Chi Liu, a vendor to the Company. The proceeds of the loan were used to acquire a 3.97% interest in Excalibur, which was offered as collateral for the loan. The Company does not expect that this loan will be repaid and the loan was written off as of December 31, 2010. The Company has not yet enforced its interest in the collateral. Yeuh-Chi Liu has served as a member of the board of directors of Excalibur since then. In accordance with ASC 810-10-25-43, the interest in Excalibur held by Yeuh-Chi Liu as a result of the loan made to her by the Company should be treated in the same manner as the Company’s own interest. As a result, the Company has concluded that it effectively held control of Excalibur and has consolidated Excalibur beginning at the time the Company acquired its ownership interest.
	The Company consolidates Excalibur based on a three-month lag with the Company’s reporting periods. All inter-company accounts and transactions were eliminated in consolidation. The following table provides a summary of balance sheet information for Excalibur as of September 30, 2013 and December 31, 2012 which is consolidated in the Company’s financial statements as of December 31 and March 31, 2013:
		Excalibur International Marine Corporation
		September 30, 2013				December 31, 2012
		NTD*		USD		NTD		USD
	Total assets		41,921,130		1,418,170		48,393,650		1,665,874
	Total liabilities		420,604,301		14,228,832		411,431,718		14,162,882
	Net liabilities		-378,683,171		-12,810,662		-363,038,068		-12,497,008
	48.81% ownership		-184,835,256		-6,252,884		-177,198,881		-6,099,790
	*NTD: New Taiwan Dollar
	Additional information concerning Excalibur is included in Notes 15 (Contingent Liabilities) and 21 (Litigation).

INVESTMENT_IN_CTX_VIRTUAL_TECH

INVESTMENT IN CTX VIRTUAL TECHNOLOGIES	9 Months Ended
	Dec. 31, 2013
Investment In Ctx Virtual Technologies [Abstract]	'
Investment in Ctx Virtual Technologies [Text Block]	'
	Note 12- INVESTMENT IN CTX VIRTUAL TECHNOLOGIES
	CTX Virtual Technologies, Inc., Pink Sheets: CTXV, is a technology company that manufactures and distributes mobile telecommunication, IT data management, virtual imaging and mobile data input accessories.
	In July 2010, the Company lent $5,000,000 to CTX Virtual Technologies, Inc., “CTX”.  The loan to CTX was unsecured, bore interest at 8% per year and had a term of one year to July 26, 2011.  At any time during the one-year term, the Company could at its option convert the loan into 8,474,576 units, with each unit consisting of one share of CTX’s common stock and one warrant. Each warrant allows the Company to purchase one additional share of CTX’s common stock at a price of $1.00 at any time on or before June 23, 2015. At any time after January 26, 2011 and before July 26, 2011, CTX could, at its option, cause the loan to be converted into the same 8,474,576 units. If CTX common stock was not listed on the American Stock Exchange, the OTC Bulletin Board or NASDAQ by February 28, 2011, the number of shares of common stock and warrants issuable on conversion of the loan would be increased by 25%.
	On March 12, 2011, CTX elected to convert the full principal amount of $5,000,000 and paid the Company in full all accrued and unpaid interest owing. Because CTX common stock was not listed on the American Stock Exchange, the OTC Bulletin Board or NASDAQ by February 28, 2011, the number of shares of common stock and warrants issued on conversion of the loan was increased by 25% to 10,593,220. The common stock of CTX is quoted on the Pink OTC market. On March 31, 2011, the closing market price of CTX common stock, as reported by NASDAQ, was $1.93. However, this company’s common stock is very thinly traded and, as reported by NASDAQ, a total of 174,487 common shares were traded during the year ended March 31, 2011 at an average price, based on reported closing prices of $1.21 per share. Because of the lack of a sufficiently active market, the Company does not believe that quoted market prices for CTX’s common stock are a reliable indicator of the fair value of the investment.  Despite repeated inquires and requests to CTX for current financial information that would allow the Company to assess the recoverability of its investment, the Company has not been able to obtain any information to enable it to assess the fair value of this investment. Accordingly, management concluded that it would be prudent to conclude, in the absence of persuasive evidence to the contrary and, in particular, in light of CTX’s refusal to provide the Company with any financial information, that the investment should be considered impaired and therefore the Company has recorded an impairment loss of $5,000,000 during the year ended March 31, 2011.
	On June 12, 2013, CTX released its audited annual financial results for the year ended December 31, 2012. For the year ended December 31, 2012, CTX reported consolidated revenue of $119.2 million, gross profit of $20.0 million and income from operations of $14.7 million. After various non-operating expenses of $9.5 million, an income tax expense of $5.5 million and loss from deconsolidation of subsidiary of $5.1 million, CTX reported net income for the year of $13.6 million.
	The financial statements of CTX for the year ended December 31, 2012 state that there were 20,261,341 common shares issued and outstanding. Although EFT would appear to have a majority of the common stock outstanding as 10,593,220 common shares were issued to EFT on conversion of EFT’s loan in March 2011, CTX also has an outstanding a class of preferred stock that has super-majority voting rights. As a result, EFT does not control CTX. In addition, CTX has an outstanding class of preferred stock that has a liquidation preference that substantially exceeds CTX’s reported net book value.
	On December 31, 2013, the closing market price of CTX common stock, as reported by NASDAQ, was $1.48 per share, based on a trade of 100 shares on December 24, 2013. This company’s common stock continues to be very thinly traded and, as reported by NASDAQ, a total of 113,100 common shares were traded during the nine months ended December 31, 2013 at an average price, based on reported closing prices, of $1.31. Because of the lack of a sufficiently active market, the Company does not believe that quoted market prices for CTX’s common stock are a reliable indicator of the fair value of its investment.
	The Company may seek to recover a portion of its investment through the sale of common stock in the open market once the restricted period expires. However, because of the size of the Company’s position in relation to the market, the Company does not expect to be able to recover any significant portion of its investment in the foreseeable future.
	On August 8, 2012, the Company filed a civil complaint against Edward Carter, a former consultant, in the Superior Court of California, County of Los Angeles, in which the Company alleges, among other things, that Mr. Carter breached his consulting contract and fiduciary duty and committed fraud and misrepresentation in respect to the Company’s investment in CTX Virtual Technologies, Inc., as sponsored by Buckman, Buckman & Reid, Inc., “BB&R”, a financial consulting firm and placement agent.

OTHER_LIABILITIES

OTHER LIABILITIES	9 Months Ended
	Dec. 31, 2013
Other Liabilities and Financial Instruments Subject To Mandatory Redemption [Abstract]	'
Other Liabilities Disclosure [Text Block]	'
	Note 13 - OTHER LIABILITIES
	Other liabilities consist of the following:
		December		March
		31, 2013		31, 2013
	Payroll liabilities	$	101,131	$	89,506
	Warranty liabilities		3,805		5,005
	Accrued interest		8,602		3,949
	Accrued expenses		598,231		317,448
	Provision for tax		8,651,680		919,084
	Others		114,939		5,330
		$	9,478,388	$	1,340,322
	The Company records warranty liabilities at the time of sale for the estimated costs that may be incurred under its limited warranty.  Changes in the warranty liability for standard warranties which are included in current liabilities on the Company’s Consolidated Balance Sheets are presented in the following tables:
		December 31,		March 31,
		2013		2013
	Warranty liability as at beginning of period, current	$	5,005	$	3,748
	Cost accrued		4,729		8,653
	Service obligations honored		-5,929		-7,396
	Warranty liability as at end of period, current	$	3,805	$	5,005

DUE_TO_RELATED_PARTIES

DUE TO RELATED PARTIES	9 Months Ended
	Dec. 31, 2013
Due To Related Parties [Abstract]	'
Due to Related Parties [Text Block]	'
	Note 14 – DUE TO RELATED PARTIES
		December 31,		March 31,
		2013		2013
	Amount due to related parties:	$	47,361	$	48,193
	The above amounts are due to Steve Hsiao, a shareholder of Excalibur.

CONTINGENT_LIABILITIES

CONTINGENT LIABILITIES	9 Months Ended
	Dec. 31, 2013
Commitments and Contingencies Disclosure [Abstract]	'
Contingencies Disclosure [Text Block]	'
	Note 15 - CONTINGENT LIABILITIES
	The Company’s controlled subsidiary, Excalibur, purchased the vessel “Ocean LaLa” from a British Virgin Islands, “BVI,” company, Ezone Capital Co. Ltd., in 2008.  The purchase price was EURO 16 million, equivalent to approximately $20.7 million.  The vessel was delivered to Excalibur and registered as owned by Excalibur at the end of 2008.  The last payment of EURO 2 million, equivalent to approximately $2,702,703, is still under dispute as Excalibur believes that certain special equipment relating to the Ocean LaLa, including special tooling, was not delivered at the time of sale and that one of the Ezone’s directors did not act in good faith and was involved in self-dealing.
	In 2009, the Company’s subsidiary, Tianquan, engaged a general contractor to construct a water manufacturing plant for RMB4,758,600 (US$755,000).  Upon completion, EFT inspected the plant and found several material construction defects, including, but not limited to, the fact that the contractor used inferior construction material, inconsistent construction plans and substandard insulation material. As a result, EFT conditioned its final construction payment to the contractor in the amount of RMB698,896 (US$110,000) on the rectification of all construction defects.  On March 22, 2012, the contractor brought a case against EFT in Baiquan People’s Court in Heilongjiang Province seeking approximately RMB1,912,000 of purported outstanding payments under the contract and interest thereon.  On January 16, 2014, Tianquan received an unfavorable decision issued by Baiquan People’s Court in Heilongjiang Province awarding the contractor approximately RMB1,326,916 (US$219,325) of purported outstanding payments under the contract and interest thereon.  The Company will appeal the case to the appellate court for reconsideration of the lower court’s decision.

SHORTTERM_LOAN

SHORT-TERM LOAN	9 Months Ended
	Dec. 31, 2013
Debt Disclosure [Abstract]	'
Short-term Debt [Text Block]	'
	Note 16 – SHORT-TERM LOAN
	The Company received a $571,200 loan from a third party, Insurance Financing, Inc., (“IFI”) to finance the directors’ and officers’ insurance premium.  The loan bore an interest rate of 4.95% per annum, and was to be repaid over a nine-month period which began on December 15, 2012.  The terms of the agreement allowed for the Company to make nine equal payments of $64,783 and the loan was fully repaid during the quarter ended September 30, 2013.
	The Company renewed coverage for the 2013-2014 period and received a new loan in the amount of $571,200 from IFI to finance the directors’ and officers’ insurance premium bearing an interest rate of 3.60% per annum. The loan is to be repaid over a nine-month period beginning on December 15, 2013.  The terms of the agreement allowed for the Company to make nine equal payments of $64,422 each.

STOCKHOLDERS_EQUITY

STOCKHOLDERS' EQUITY	9 Months Ended
	Dec. 31, 2013
Stockholders' Equity Note [Abstract]	'
Stockholders' Equity Note Disclosure [Text Block]	'
	Note 17 – STOCKHOLDERS’ EQUITY
	Common stock
	As of December 31, 2013, the Company had 4,975,000,000 shares of common stock authorized and 75,983,201 shares issued and outstanding.
	The Company did not issue any shares of common stock during the nine months ended December 31, 2013.
	Warrants
	As of December 31, 2013, the Company’s subsidiary Digital Development Partners Inc. has 2,000,000 common stock warrants outstanding, and 330,665 Series A and 330,665 Series B warrants outstanding, which are accounted for as equity instruments. The 2,000,000 warrants will expire on June 1, 2014 and permit the holders to purchase one share of Digital’s common stock at an exercise price of $1.00 per share. The Series A and Series B warrants will expire on September 30, 2014 and permit the holders to purchase one share of Digital’s common stock at an exercise price of $1.00 per share and $1.25 per share, respectively.

INCOME_TAXES

INCOME TAXES	9 Months Ended
	Dec. 31, 2013
Income Tax Disclosure [Abstract]	'
Income Tax Disclosure [Text Block]	'
	Note 18 - INCOME TAXES
	The Company was incorporated in the United States and has operations in five tax jurisdictions - the United States, the Hong Kong Special Administrative Region, “HK SAR”, mainland China, Taiwan, and the BVI.
	The Company generated substantially all of its net income from its BVI operations for the nine months ended December 31, 2013.  According to BVI tax law this income is not subject to any taxes. The Company’s HK SAR subsidiaries are subject to a 16.5% profit tax based on its taxable net profit. EFT (HK) Ltd provides management service to a BVI subsidiary, and the BVI subsidiary reimburses EFT HK Ltd for its total operating expenses plus 5% mark up, and the income is subject to 16.5% profit tax. The deferred tax assets for the Company’s US operations and HK SAR subsidiaries were immaterial for the nine months ended December 31, 2013.
	The Company’s Taiwanese subsidiary and its factory in mainland China, are subject to a 17% and 25% standard enterprise income tax, respectively, based on its taxable net profit. These operations have incurred net accumulated operating losses for income tax purposes and management believes that it is more likely than not that these net accumulated operating losses will not be utilized in the future. Therefore, it has provided full valuation allowance for the deferred tax assets arising from the losses as of December 31, 2013 and 2012.
	The income tax expenses consist of the following:
		Nine Months Ended
		December 31,
		2013		2012
	Current:
	Domestic	$	57	$	14,816
	Foreign		-8,790		2,490
	Provision for prior years		7,741,386		-
	Income tax expenses	$	7,732,653	$	17,306
	A reconciliation of income taxes, with the amounts computed by applying the statutory federal income tax rate, 37% for the nine months ended December 31, 2013 and 2012, to income before income taxes for the nine months ended December 31, 2013 and 2012, is as follows:
		Nine Months Ended
		December 31,
		2013		2012
	Income tax provision at U.S. statutory rate	$	-4,432,244	$	-1,171,550
	State tax		57		14,816
	Indefinitely invested earnings of foreign subsidiaries		4,421,371		1,140,162
	Nondeductible expenses		10,873		31,388
	Foreign subsidiary income tax		-8,790		2,490
	Provision for prior years		7,741,386		-
	Income tax expenses	$	7,732,653	$	17,306
	The Company and one of its subsidiaries file income tax returns in the U.S. federal jurisdiction, and various states and foreign jurisdictions. With few exceptions, the Company is no longer subject to U.S. federal, state and local, or non-U.S. income tax examinations by tax authorities for tax years before 2006 (March 31, 2007).
	The Company has not provided deferred taxes on unremitted earnings attributable to international companies that have been considered to be reinvested indefinitely. Because of the availability of U.S. foreign tax credits, it is not practicable to determine the income tax liability that would be payable if such earnings were not indefinitely reinvested. In accordance with ASC Topic 740, interest associated with unrecognized tax benefits is classified as income tax and penalties are classified in selling, general and administrative expenses in the statements of operations.
	During the year ended March 31, 2013, the Company was assessed $690,244 in civil penalties including penalty and interest related to the alleged late filing of informational returns for the tax years 2007 through 2009.  The Company is in the process of appealing these assessments with the Internal Revenue Service (IRS).   The extent of the Company’s operations involves dealing with uncertainties and judgments in the application of complex tax regulations in a multitude of jurisdictions. The final taxes paid are dependent upon many factors, including negotiations with taxing authorities in various jurisdictions and resolution of disputes arising from federal, state and international tax audits. The Company recognizes potential liabilities and records tax liabilities for anticipated tax audit issues in the United States and other tax jurisdictions based on its estimate of whether, and the extent to which, additional taxes will be due. The IRS has concluded its audit of the Company’s returns for the years 2007 through 2010 and has issued an examination report that has proposed adjustments of $12.3 million of additional tax liabilities for the years 2008 through 2010.   The Company plans to challenge most of the proposed adjustments and is in the process of appealing the proposed adjustments with the IRS.  The IRS’s proposed adjustment for the year 2008 is $8.0 million. The Company has only accrued a federal tax liability of $2.0 million and has estimated a California (“CA”) tax liability of $2.6 million as management believes the portion of the proposed adjustment attributable to dividend income has not been properly allocated.   Should the appeal fail, the Company will need to accrue an additional federal tax liability of $6.0 million and an additional CA tax liability of $1.6 million for the year 2008.     The Company has recorded federal and CA tax liabilities of $3.7 million and $1.7 million for the years 2009 and 2010, respectively, which include penalty and interest.

COMMITMENTS

COMMITMENTS	9 Months Ended
	Dec. 31, 2013
Commitments and Contingencies Disclosure [Abstract]	'
Commitments Disclosure [Text Block]	'
	Note 19 - COMMITMENTS
	The Company’s commitments as of December 31, 2013 did not materially change from the amounts set forth in the Company’s March 31, 2013 Annual Report on Form 10-K. Total rent expenses for the nine months ended December 31, 2013 and 2012, were $424,318 and $449,028, respectively.

SEGMENT_INFORMATION

SEGMENT INFORMATION	9 Months Ended
	Dec. 31, 2013
Segment Reporting [Abstract]	'
Segment Reporting Disclosure [Text Block]	'
	Note 20 – SEGMENT INFORMATION
	The Company’s business is classified by management into three reportable segments: online, transportation and beverage.  The online business reportable segment is an aggregation of the Company’s online operating segments, which are organized to sell the Company’s products to Affiliates through its website.  The online business reportable segment derives revenue from the sales of nutritional products, personal care products and EFT-phones and access fees for its network platform.  The transportation service reportable segment derives revenue from transport passengers and cargo between Taiwan and Mainland China through the Taiwan Strait.  The beverage business reportable segment derives revenue and expenses from the bottled water factory in Baiquan, Heilongjiang Province, the PRC.
	Although substantially all of the Company’s revenue is generated from Mainland China, the Company is organizationally structured along business segments.  The accounting policies of each of the Company’s operating segments are the same as those described in Note 2, “Summary of Significant Accounting Policies.”
	The following tables provide the business segment information as of and for the three months and nine months ended December 31, 2013 and 2012.  Income tax allocations have been determined based on statutory rates in the applicable business segment.
		Three months ended December 31, 2013
		Online		Transportation		Beverage
		business		business		business		Total
	Sales revenues, net	$	433,849	$	-	$	-	$	433,849
	Cost of goods sold		-107,643		-114,334		-878		-222,855
	Gross profit/(loss)		326,206		-114,334		-878		210,994
	Operating expenses:
	Selling, general and administrative expenses		1,118,041		380,582		304,998		1,803,621
	Provision for inventory obsolescence		293,501		-		-		293,501
	Royalty expenses		35,482		-		-		35,482
	Total operating expenses		1,447,024		380,582		304,998		2,132,604
	Net operating loss		-1,120,818		-494,916		-305,876		-1,921,610
	Other income		144,435		39,937		-		184,372
	Allocated income tax benefit		-7,741,386		-		-		-7,741,386
	Loss after income tax		-8,717,769		-454,979		-305,876		-9,478,624
	Total long-lived assets		85,191		7,433		1,100,010		1,192,634
	Total assets held for sale		-		1,000,489		-		1,000,489
	Additions to long-lived assets		387		12		-		399
		Three months ended December 31, 2012
		Online		Transportation		Beverage
		business		business		business		Total
	Sales revenues, net	$	717,151	$	-	$	-	$	717,151
	Cost of goods sold		-238,805		-258,491		-		-497,296
	Gross profit/(loss)		478,346		-258,491		-		219,855
	Operating expenses:
	Selling, general and administrative expenses		1,255,430		223,265		105,657		1,584,352
	Provision for inventory obsolescence		-208,681		-		-		-208,681
	Royalty expenses		59,686		-		-		59,686
	Total operating expenses		1,106,435		223,265		105,657		1,435,357
	Net operating loss		-628,089		-481,756		-105,657		-1,215,502
	Other income/(loss)		416,482		198,758		-182		615,058
	Allocated income tax expense		-4,168		-		-		-4,168
	Loss after income tax		-215,775		-282,998		-105,839		-604,612
	Total long-lived assets		218,887		5,624,001		1,201,589		7,044,477
	Additions to long-lived assets		2,414		37		3,347		5,798
		Nine months ended December 31, 2013
		Online		Transportation		Beverage
		business		business		business		Total
	Sales revenues, net	$	1,579,721	$	-	$	7,834	$	1,587,555
	Cost of goods sold		-497,449		-349,430		-4,640		-851,519
	Gross profit/(loss)		1,082,272		-349,430		3,194		736,036
	Operating expenses:
	Selling, general and administrative expenses		3,982,006		676,526		481,568		5,140,100
	Provision for inventory obsolescence		398,708		-		-		398,708
	Royalty expenses		115,886		-		-		115,886
	Total operating expense		4,496,600		676,526		481,568		5,654,694
	Net operating loss		-3,414,328		-1,025,956		-478,374		-4,918,658
	Other income		350,777		164,307		2		515,086
	Allocated income tax expenses		-7,732,653		-		-		-7,732,653
	Loss after income tax		-10,796,204		-861,649		-478,372		-12,136,225
	Total long-lived assets		85,191		7,433		1,100,010		1,192,634
	Assets held for sale		-		1,000,489		-		1,000,489
	Additions to long-lived assets		1,904		5,119		-		7,023
		Nine months ended December 31, 2012
		Online		Transportation		Beverage
		business		business		business		Total
	Sales revenues, net	$	2,125,879	$	-	$	-	$	2,125,879
	Cost of goods sold		-502,343		-761,569		-		-1,263,912
	Gross profit/(loss)		1,623,536		-761,569		-		861,967
Operating expenses:
Selling, general and administrative expenses		3,555,786		603,375		270,508		4,429,669
Provision for inventory obsolescence		498,398		-		-		498,398
Royalty expenses		174,842		-		-		174,842
Total operating expenses		4,229,026		603,375		270,508		5,102,909
Net operating loss		-2,605,490		-1,364,944		-270,508		-4,240,942
Other income		721,233		694,414		586		1,416,233
Allocated income tax expense		-17,306		-		-		-17,306
Loss after income tax		-1,901,563		-670,530		-269,922		-2,842,015
Total long-lived assets		218,887		5,624,001		1,201,589		7,044,477
Additions to long-lived assets		48,105		6,136		9,511		63,752

LITIGATION

LITIGATION	9 Months Ended
	Dec. 31, 2013
Commitments and Contingencies Disclosure [Abstract]	'
Legal Matters and Contingencies [Text Block]	'
	Note 21 – LITIGATION
	In October 2008, the Company acquired, through a wholly-owned subsidiary, 48.81% of the capital stock of Excalibur International Marine Corporation, a Taiwanese corporation, for $19,193,000. Excalibur owns a high speed ship which, until August 2010, transported passengers and cargo between Taiwan and mainland China through the Taiwan Strait. Excalibur’s vessel, the Ocean LaLa, was capable of carrying up to 370 passengers and 630 tons of cargo.
	Excalibur purchased the Ocean LaLa from Ezone Capital Co. Ltd., prior to its acquisition by the Company.  The last payment of EURO 2,000,000, equivalent to $2,631,579, was withheld by Excalibur since Excalibur believed that special tooling was not delivered at the time of sale and that an Ezone’s director did not act in good faith and was involved in self-dealing.
	On October 1, 2010, EFT Investment Co. Ltd. (EFTI) filed a lawsuit against Hsiao Zhong-Xing, former general manager of Excalibur, and Lu Zhuo-Jun, former vice general manager of Excalibur, collectively "Defendants,” in the Taiwan Shihlin District Prosecutors office. EFT Investment Co. Ltd. alleges, among other things, that Defendants committed the offences of capital forging, fraud, breach of trust, and document fabrication.  On April 30, 2013, the Taiwan Shihlin District Court found that both Hsaio Zhong-Xing and Lu Zhuo-Jun were guilty of fraudulent increase of paid-up capital and dismissed all other charges.  As a result, Hsiao Zhong-Xing received a six-month jail sentence and Lu Zhuo-Jun received a five-month jail sentence. Both of their jail sentences can be converted into a fine.  On May 27, 2013, the Shihlin District Prosecutor filed an appeal in the appellate court for reconsideration of the judgment entered by the District Court. The final resolution of this case is pending.
	EFT Investment Co. Ltd. filed a civil lawsuit against Jiao Ren-Ho, Chang Hui-Ying, Hsiao Zhong-Xing, and Lu Zhuo-Jun, collectively “Defendants,” in the Taiwan Shihlin District court on February 12, 2010. EFT Investment Co. Ltd. alleges Defendants committed tortious acts, including but not limited to the offences of capital forging, fraud, breach of trust and document fabrication.   The Shihlin District Court found in favor of all Defendants in the case.  EFT filed an appeal in the appellate court for reconsideration of the judgment entered by the District Court. The appellate court remanded the case to District Court for the second review and the District Court found in favor of all defendants for the second time.  EFT therefore filed a second appeal in the appellate court for reconsideration of the judgment entered by the District Court. The final resolution of this case is pending.
	Marinteknik Shipbuilders (S) Pte Ltd., a Singapore company, filed a lawsuit against Excalibur in the Taiwan Taichung District Court on July 9, 2009 for unpaid service fees and out-of-pocket expenses of NTD8,050,832, equivalent to approximately $270,000.  On August 20, 2009, the Taiwan Taipei district court froze Excalibur’s cash of $193,992 in response to the suit. The final resolution of this case is pending. However, a contingent liability for the restricted cash has been recorded.
	On August 2, 2010, the Company commenced a legal proceeding against Marinteknik Shipbuilders (S) Pte Ltd. and three other persons in the High Court of the Republic of Singapore alleging fraud, misrepresentation, and deceit on the part of the defendants with respect to Excalibur’s purchase of the Ocean LaLa.   The Company claims that the wrongful actions of the defendants resulted in damages of $19,000,000 to the Company.   On December 11, 2012, the High Court issued a decision whereby it dismissed EFT’s actions against Marinteknik and Lim Lan Eng (Priscilla), a director of Marinteknik. On January 8, 2013, EFT filed an appeal against the decision made by the High Court. On November 29, 2013, the appellate court issued its order and sustained the High Court’s decision and awarded legal fees to the defendants.  The Company has accrued a liability in the amount of $200,000 for the legal costs.  The case is closed and final.
	On August 18, 2010, Excalibur received a statement of claim, equivalent to a complaint in the United States, that was filed in the Taichung District Court, Taiwan, by Ezone Capital Co., Ltd. demanding approximately 2,000,000 Euros, equivalent to approximately $2,700,000, for the unpaid balance of the purchase price of the Ocean LaLa (see Note 15).  Excalibur has denied the claims of Ezone on the basis that the Ocean LaLa was defective, unseaworthy, and not fit for its intended purpose. Excalibur has also filed a counterclaim against Ezone seeking a full refund of all amounts paid for the Ocean LaLa, as well as reimbursement for amounts spent on maintenance and repairs. The case proceeding has concluded and is awaiting disposition by the court.
	In 2009, EFT’s subsidiary, Heilongjiang Tianquan Manor Soda Drinks Co. Ltd., engaged a general contractor, the “Contractor”, to construct a water manufacturing plant, the “Plant”, for RMB4,758,600 (US$755,000).  Upon completion, EFT inspected the Plant and found several material construction defects, including, but not limited to, the fact that the Contractor used inferior construction material, inconsistent construction plans and substandard insulation material. As a result, in 2010, EFT conditioned its final construction payment to the Contractor in the amount of RMB698,896 (US$110,000) on the rectification of all construction defects.   On March 22, 2012, the Contractor brought a case against EFT in Baiquan People’s Court in Heilongjiang Province seeking approximately RMB1,912,000 of purported outstanding payments under the contract and interest thereon.  On January 16, 2014, EFT’s subsidiary, Heilongjiang Tianquan Manor Soda Drinks Co. Ltd., received an unfavorable decision issued by Baiquan People’s Court in Heilongjiang Province awarding the contractor approximately RMB1,326,916 of purported outstanding payments under the contract and interest thereon.    The Company will appeal the case to the appellate court for reconsideration of the lower court’s decision.
	On August 8, 2012, the Company filed a complaint against Edward Carter, a former consultant, in the Superior Court of California, county of Los Angeles, in which the Company alleges, among other things, that Mr. Carter breached his consulting contract, fiduciary duty and committed fraud and misrepresentation in respect to the Company’s investment in CTX Virtual Technologies, Inc., “CTX”, as sponsored by Buckman, Buckman & Reid, Inc., “BB&R”, a financial consulting firm and placement agent.  The final resolution of this case is pending.
	On April 18, 2013, EFTI filed a criminal complaint against Cheng Hao Peng (President of Meifu Development Co., Ltd.), Hong Dong Chen (former Director of EFTI), Teng De Peng (Vice Chairman of TransGlobe Life Insurance Inc.), Xian Jue Liu (Chairman of TransGlobe Life Insurance Inc.), Shih Kui Chang (Manager of Meifu), Yi Feng Cheng (Real Estate Department Manager of TransGlobe) and Da Min Wu, an individual, collectively called “Defendants”, in the Taipei District Prosecutors Office.  EFTI alleges, among other things, that Defendants committed violations of securities law, insurance law, corporation law and tax law, as well as money laundering, fraud and breach of trust.
	On July 26, 2013, the Taipei District Office issued a non-indictment decision on charges against Cheng Hao Peng (President of Meifu), Hong Dong Chen (former Director of EFTI), Teng De Peng (Vice Chairman of TransGlobe), Xian Jue Liu (Chairman of TransGlobe), Shih Kui Chang (Manager of Meifu), Yi Feng Cheng (Real Estate Department Manager of TransGlobe) and Da Min Wu, an individual.  EFTI filed an appeal on August 5, 2013 for reconsideration of the non-indictment charges against Cheng Hao Peng (President of Meifu), Hong Dong Chen (former Director of EFTI), Teng De Peng (Vice Chairman of TransGlobe) and Da Min Wu, an individual.  Subsequently, the appeal of reconsideration of the non-indictment charges against the Defendants was rejected by the Appellate District Office.  On October 19, 2013, EFTI filed a final petition to the Taipei District Court for judgment of the decision made by the Appellate District Office.  The outcome of the judgment is pending.
	On June 3, 2013, the Company filed a civil complaint in Los Angeles, California against Meifu Development Co., Ltd., TransGlobe Life Insurance Inc. and certain individuals related to the purchase of the A5 Building in Taiwan.  For further information, please see Notes 10 and 22.
	On November 27, 2013, a class action complaint entitled Li, et al. v. EFT Holdings, Inc., et al. was filed on behalf of a putative class of all purchasers of one or more of the Company’s products against the Company and Jack Qin in the United States District Court for the Central District of California.  The complaint alleges, among other things, violation of the unfair competition law, false advertising law, breach of express warranty, breach of the Magnuson-Moss Act, and fraud.  The complaint seeks, among other things, money damages and injunctive relief.  The case is currently pending.  The Company believes that the claims asserted are without merit and intends to defend against them vigorously.
	On November 27, 2013, a class action complaint entitled Li, et al. v. Qin, et al. was filed on behalf of a putative class of all EFT affiliates who purchased EFT stock since January 1, 2008 against the Company and certain of its officers and directors in the United States District Court for the Central District of California.  The complaint alleges, among other things, breach of fiduciary duty, unjust enrichment, aiding and abetting, constructive fraud, corporate waste and gift and gross mismanagement. The complaint seeks, among other things, monetary damages and the imposition of a constructive trust.  The case is currently pending.  The Company believes that the claims asserted are without merit and intends to defend against them vigorously.
	On December 6, 2013, the Company adjoined George Curry (former director/officer) in the “CTX” lawsuit, as one of the defendants, in the Superior Court of California, county of Los Angeles, in which the Company alleges, among other things, that Mr. Curry breached his fiduciary duty and committed fraud and misrepresentation in respect of the Company’s investment in CTX Virtual Technologies, Inc.

SUBSEQUENT_EVENTS

SUBSEQUENT EVENTS	9 Months Ended
	Dec. 31, 2013
Subsequent Events [Abstract]	'
Subsequent Events [Text Block]	'
	Note 22 - SUBSEQUENT EVENTS
	On January 27, 2014, the Company voluntarily dismissed the civil complaints without prejudice in Los Angeles, California against Meifu Development Co., Ltd., TransGlobe Life Insurance Inc. and certain individuals (collectively the “Defendants”) related to the purchase of the A5 Building in Taiwan in return for a good faith settlement negotiation with the Defendants.  The Company retains the right to re-file the civil complaints against the Defendants if it determines that there is lack of a good faith effort on the part of the Defendants during the settlement proceeding.

SUMMARY_OF_SIGNIFICANT_ACCOUNT1

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	9 Months Ended
	Dec. 31, 2013
Accounting Policies [Abstract]	'
Reclassification, Policy [Policy Text Block]	'
	Reclassification
	Certain amounts have been reclassified to conform with the current period presentation. The amounts reclassified did not have an effect on the Company’s results of operations or stockholders’ equity.
New Accounting Pronouncements, Policy [Policy Text Block]	'
	Recent accounting pronouncements
	There are no accounting standards that have been issued but not yet adopted that we believe will have a material impact on our financial position or results of operations.
Liquidity Disclosure [Policy Text Block]	'
	Going Concern
	The Company reported a net loss of $12,136,225 for the nine months ended December 31, 2013.  At December 31, 2013 and March 31, 2013, the Company’s accumulated deficit amounted to $46,915,891 and $34,936,854, respectively. The Company expects to continue incurring losses for the foreseeable future and may need to raise additional capital from external sources in order to continue the long-term efforts contemplated under its business plan. These factors raise substantial doubt regarding the Company’s ability to continue as a going concern.

FAIR_VALUE_MEASUREMENTS_Tables

FAIR VALUE MEASUREMENTS (Tables)	9 Months Ended
	Dec. 31, 2013
Fair Value Disclosures [Abstract]	'
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Table Text Block]	'
	Assets measured at fair value are summarized below:
		31-Dec-13
		Level 1
		Quoted Prices		Level 2
		in Active		Significant		Level 3
		Markets for		Other		Significant
		Identical		Observable		Unobservable
		Assets		Inputs		Inputs		Total
	Securities available for sale - Corporate bonds	$	5,401,530	$	-	$	-	$	5,401,530
	CTX Virtual Technologies		-		-		-		-
	Total assets measured at fair value	$	5,401,530	$	-	$	-	$	5,401,530
		March 31, 2013
		Level 1
		Quoted Prices		Level 2
		in Active		Significant		Level 3
		Markets for		Other		Significant
		Identical		Observable		Unobservable
		Assets		Inputs		Inputs		Total
	Securities available for sale - Corporate bonds	$	8,320,698	$	-	$	-	$	8,320,698
	CTX Virtual Technologies		-		-		-		-
	Total assets measured at fair value	$	8,320,698	$	-	$	-	$	8,320,698

SECURITIES_AVAILABLE_FOR_SALE_

SECURITIES AVAILABLE FOR SALE (Tables)	9 Months Ended
	Dec. 31, 2013
Investments, Debt and Equity Securities [Abstract]	'
Available-for-sale Securities [Table Text Block]	'
	Securities available for sale consist of the following:
			December 31, 2013
			Amortized		Unrealized			Unrealized			Market			Average
			Cost		Gains			Losses			Value			Duration (1)
	Corporate bonds		$	2,682,087	$	49,710		$	-67,172		$	2,664,625			2.57
	Corporate notes			1,318,745		14,060			-35,650			1,297,155			2.44
	Variable rate note			203,000		5,000			-			208,000			Perpetual
	Corporate high-yield bonds			1,240,935		5,475			-14,660			1,231,750			2.8
	Total debt securities		$	5,444,767	$	74,245		$	-117,482		$	5,401,530
			March 31, 2013
			Amortized			Unrealized			Unrealized			Market			Average
			Cost			Gains			Losses			Value			Duration (1)
	Corporate bonds		$	4,823,609		$	177,686		$	-61,786		$	4,939,509			2.56
	Corporate notes			2,006,092			12,607			-20,630			1,998,069			6.3
	Variable rate notes			607,500			-			-14,220			593,280			9.83
	Corporate high-yield bonds			791,600			-			-1,760			789,840			9.61
	Total debt securities		$	8,228,801		$	190,293		$	-98,396		$	8,320,698
		-1	Average remaining duration to maturity, in years
Schedule of Unrealized Loss on Investments [Table Text Block]	'
	The following table shows the gross unrealized losses and fair value of the Company’s investments, aggregated by investment category and length of time that the individual securities have been in a continuous unrealized loss position, as of December 31, 2013:
			Less than 1 year					1 Year or More						Total
			Market		Unrealized			Market			Unrealized			Market			Unrealized
			Value		Losses			Value			Losses			Value			Loss
	Corporate bonds		$	1,025,252	$	-16,643		$	707,482		$	-50,529		$	1,732,734		$	-67,172
	Corporate notes			-		-			963,100			-35,650			963,100			-35,650
	Corporate high-yield bonds			728,000		-14,660			-			-			728,000			-14,660
	Total debt securities		$	1,753,252	$	-31,303		$	1,670,582		$	-86,179		$	3,423,834		$	-117,482

TRANSPORTATION_EQUIPMENT_HELD_1

TRANSPORTATION EQUIPMENT HELD FOR SALE (Tables)	9 Months Ended
	Dec. 31, 2013
Property, Plant and Equipment Assets Held-for-sale Disclosure [Abstract]	'
Disclosure of Long Lived Assets Held-for-sale [Table Text Block]	'
	The following table summarizes the carrying value of the Ocean LaLa as of September 30, 2013 and December 31, 2012 because the Company consolidates Excalibur based on a three-month lag with the Company’s reporting period:
		Transportation equipment
		September 30, 2013				December 31, 2012
		NTD*		USD		NTD*		USD
	Original cost		550,026,267		18,607,113		550,026,267		18,933,779
	Less: impairment loss made in 2011		-171,472,850		-5,800,841		-171,472,850		-5,902,680
	Less: impairment loss made in 2013		-161,537,135		-5,464,720		-161,537,135		-5,560,659
			217,016,282		7,341,552		217,016,282		7,470,440
	Less: Accumulated depreciation		-187,441,820		-6,341,063		-181,139,532		-6,235,440
	Net carrying value		29,574,462		1,000,489		35,876,750		1,235,000
	*NTD: New Taiwan Dollar

INVENTORIES_Tables

INVENTORIES (Tables)	9 Months Ended
	Dec. 31, 2013
Inventory Disclosure [Abstract]	'
Schedule of Inventory, Current [Table Text Block]	'
	The components of inventories were as follows:
		December 31,		March 31,
		2013		2013
	Raw materials	$	44,555	$	36,820
	Supplies		-		10,923
	Finished goods		1,690,118		2,426,069
			1,734,673		2,473,812
	Less: Provision for inventory obsolescence		-543,765		-444,795
		$	1,190,908	$	2,029,017

PROPERTY_AND_EQUIPMENT_Tables

PROPERTY AND EQUIPMENT (Tables)	9 Months Ended
	Dec. 31, 2013
Property, Plant and Equipment [Abstract]	'
Property, Plant and Equipment [Table Text Block]	'
	Property and equipment consist of the following:
		December 31,		March 31,
		2013		2013
	Property and plant		970,819		945,806
	Leasehold improvements		445,221		524,006
	Automobiles		215,809		243,113
	Computer equipment		124,944		128,127
	Furniture and fixtures		94,439		95,642
	Machinery and equipment		372,600		368,618
			2,223,832		2,305,312
	Less: Accumulated depreciation		-1,031,198		-924,095
		$	1,192,634	$	1,381,217

EXCALIBUR_Tables

EXCALIBUR (Tables)	9 Months Ended
	Dec. 31, 2013
Excalibur [Abstract]	'
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]	'
	The following table provides a summary of balance sheet information for Excalibur as of September 30, 2013 and December 31, 2012 which is consolidated in the Company’s financial statements as of December 31 and March 31, 2013:
		Excalibur International Marine Corporation
		September 30, 2013				December 31, 2012
		NTD*		USD		NTD		USD
	Total assets		41,921,130		1,418,170		48,393,650		1,665,874
	Total liabilities		420,604,301		14,228,832		411,431,718		14,162,882
	Net liabilities		-378,683,171		-12,810,662		-363,038,068		-12,497,008
	48.81% ownership		-184,835,256		-6,252,884		-177,198,881		-6,099,790
	*NTD: New Taiwan Dollar

OTHER_LIABILITIES_Tables

OTHER LIABILITIES (Tables)	9 Months Ended
	Dec. 31, 2013
Other Liabilities and Financial Instruments Subject To Mandatory Redemption [Abstract]	'
Other Liabilities [Table Text Block]	'
	Other liabilities consist of the following:
		December		March
		31, 2013		31, 2013
	Payroll liabilities	$	101,131	$	89,506
	Warranty liabilities		3,805		5,005
	Accrued interest		8,602		3,949
	Accrued expenses		598,231		317,448
	Provision for tax		8,651,680		919,084
	Others		114,939		5,330
		$	9,478,388	$	1,340,322
Schedule of Product Warranty Liability [Table Text Block]	'
	Changes in the warranty liability for standard warranties which are included in current liabilities on the Company’s Consolidated Balance Sheets are presented in the following tables:
		December 31,		March 31,
		2013		2013
	Warranty liability as at beginning of period, current	$	5,005	$	3,748
	Cost accrued		4,729		8,653
	Service obligations honored		-5,929		-7,396
	Warranty liability as at end of period, current	$	3,805	$	5,005

DUE_TO_RELATED_PARTIES_Tables

DUE TO RELATED PARTIES (Tables)	9 Months Ended
	Dec. 31, 2013
Due To Related Parties [Abstract]	'
Schedule of Related Party Transactions [Table Text Block]	'
		December 31,		March 31,
		2013		2013
	Amount due to related parties:	$	47,361	$	48,193

INCOME_TAXES_Tables

INCOME TAXES (Tables)	9 Months Ended
	Dec. 31, 2013
Income Tax Disclosure [Abstract]	'
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]	'
	The income tax expenses consist of the following:
		Nine Months Ended
		December 31,
		2013		2012
	Current:
	Domestic	$	57	$	14,816
	Foreign		-8,790		2,490
	Provision for prior years		7,741,386		-
	Income tax expenses	$	7,732,653	$	17,306
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]	'
	A reconciliation of income taxes, with the amounts computed by applying the statutory federal income tax rate, 37% for the nine months ended December 31, 2013 and 2012, to income before income taxes for the nine months ended December 31, 2013 and 2012, is as follows:
		Nine Months Ended
		December 31,
		2013		2012
	Income tax provision at U.S. statutory rate	$	-4,432,244	$	-1,171,550
	State tax		57		14,816
	Indefinitely invested earnings of foreign subsidiaries		4,421,371		1,140,162
	Nondeductible expenses		10,873		31,388
	Foreign subsidiary income tax		-8,790		2,490
	Provision for prior years		7,741,386		-
	Income tax expenses	$	7,732,653	$	17,306

SEGMENT_INFORMATION_Tables

SEGMENT INFORMATION (Tables)	9 Months Ended
	Dec. 31, 2013
Segment Reporting [Abstract]	'
Schedule of Segment Reporting Information, by Segment [Table Text Block]	'
	The following tables provide the business segment information as of and for the three months and nine months ended December 31, 2013 and 2012.  Income tax allocations have been determined based on statutory rates in the applicable business segment.
		Three months ended December 31, 2013
		Online		Transportation		Beverage
		business		business		business		Total
	Sales revenues, net	$	433,849	$	-	$	-	$	433,849
	Cost of goods sold		-107,643		-114,334		-878		-222,855
	Gross profit/(loss)		326,206		-114,334		-878		210,994
	Operating expenses:
	Selling, general and administrative expenses		1,118,041		380,582		304,998		1,803,621
	Provision for inventory obsolescence		293,501		-		-		293,501
	Royalty expenses		35,482		-		-		35,482
	Total operating expenses		1,447,024		380,582		304,998		2,132,604
	Net operating loss		-1,120,818		-494,916		-305,876		-1,921,610
	Other income		144,435		39,937		-		184,372
	Allocated income tax benefit		-7,741,386		-		-		-7,741,386
	Loss after income tax		-8,717,769		-454,979		-305,876		-9,478,624
	Total long-lived assets		85,191		7,433		1,100,010		1,192,634
	Total assets held for sale		-		1,000,489		-		1,000,489
	Additions to long-lived assets		387		12		-		399
		Three months ended December 31, 2012
		Online		Transportation		Beverage
		business		business		business		Total
	Sales revenues, net	$	717,151	$	-	$	-	$	717,151
	Cost of goods sold		-238,805		-258,491		-		-497,296
	Gross profit/(loss)		478,346		-258,491		-		219,855
	Operating expenses:
	Selling, general and administrative expenses		1,255,430		223,265		105,657		1,584,352
	Provision for inventory obsolescence		-208,681		-		-		-208,681
	Royalty expenses		59,686		-		-		59,686
	Total operating expenses		1,106,435		223,265		105,657		1,435,357
	Net operating loss		-628,089		-481,756		-105,657		-1,215,502
	Other income/(loss)		416,482		198,758		-182		615,058
	Allocated income tax expense		-4,168		-		-		-4,168
	Loss after income tax		-215,775		-282,998		-105,839		-604,612
	Total long-lived assets		218,887		5,624,001		1,201,589		7,044,477
	Additions to long-lived assets		2,414		37		3,347		5,798
		Nine months ended December 31, 2013
		Online		Transportation		Beverage
		business		business		business		Total
	Sales revenues, net	$	1,579,721	$	-	$	7,834	$	1,587,555
	Cost of goods sold		-497,449		-349,430		-4,640		-851,519
	Gross profit/(loss)		1,082,272		-349,430		3,194		736,036
	Operating expenses:
	Selling, general and administrative expenses		3,982,006		676,526		481,568		5,140,100
	Provision for inventory obsolescence		398,708		-		-		398,708
	Royalty expenses		115,886		-		-		115,886
	Total operating expense		4,496,600		676,526		481,568		5,654,694
	Net operating loss		-3,414,328		-1,025,956		-478,374		-4,918,658
	Other income		350,777		164,307		2		515,086
	Allocated income tax expenses		-7,732,653		-		-		-7,732,653
	Loss after income tax		-10,796,204		-861,649		-478,372		-12,136,225
	Total long-lived assets		85,191		7,433		1,100,010		1,192,634
	Assets held for sale		-		1,000,489		-		1,000,489
	Additions to long-lived assets		1,904		5,119		-		7,023
		Nine months ended December 31, 2012
		Online		Transportation		Beverage
		business		business		business		Total
	Sales revenues, net	$	2,125,879	$	-	$	-	$	2,125,879
	Cost of goods sold		-502,343		-761,569		-		-1,263,912
	Gross profit/(loss)		1,623,536		-761,569		-		861,967
	Operating expenses:
	Selling, general and administrative expenses		3,555,786		603,375		270,508		4,429,669
	Provision for inventory obsolescence		498,398		-		-		498,398
Royalty expenses		174,842		-		-		174,842
Total operating expenses		4,229,026		603,375		270,508		5,102,909
Net operating loss		-2,605,490		-1,364,944		-270,508		-4,240,942
Other income		721,233		694,414		586		1,416,233
Allocated income tax expense		-17,306		-		-		-17,306
Loss after income tax		-1,901,563		-670,530		-269,922		-2,842,015
Total long-lived assets		218,887		5,624,001		1,201,589		7,044,477
Additions to long-lived assets		48,105		6,136		9,511		63,752

ORGANIZATION_Details_Textual

ORGANIZATION (Details Textual) (USD $)	3 Months Ended		9 Months Ended			9 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2013	Dec. 31, 2012	Nov. 18, 2007	Dec. 31, 2013	Oct. 25, 2008	Feb. 28, 2010	Jul. 25, 2008
						Other Affiliates [Member]	Excalibur International Marine Corporation [Member]	Digital Development Partners [Member]	Yeuh Chi Liu [Member]
Organization [Line Items]	'	'	'	'	'	'	'	'	'
Entity Incorporation, State Country Name	'	'	'Nevada	'	'	'	'	'	'
Entity Incorporation, Date Of Incorporation	'	'	19-Mar-92	'	'	'	'	'	'
Business Acquisition Equity Interests Issued Number Of Shares Issued	'	'	'	'	53,300,000	'	'	'	'
Business Acquisition Name Of Acquired Entity,Net	'	'	'EFT BioTech, Inc	'	'	'	'	'	'
Business Acquisition Equity Interests Issued To Share Holders Number Of Shares Issued	'	'	'	'	52,099,000	'	'	'	'
Business Acquisition Equity Interests Issued To Director and Office Number Of Shares Issued	'	'	'	'	1,201,000	'	'	'	'
Equity Method Investment, Ownership Percentage	'	'	'	'	87.34%	'	48.81%	92.00%	'
Loans Receivable, Net	'	'	'	'	'	'	'	'	$1,567,000
Percentage Of Ownership Interest Pledged As Collateral Against Loans Receivable	'	'	'	'	'	'	'	'	3.97%
Shares Acquired On Assigning Franchise Rights	'	'	'	'	'	'	'	79,265,000	'
Description Of Taiwan Vessel Law	'	'	'The Vessel Law was amended in December 2010, and, after the amendment, no more than 50% of the capital stock of limited liability companies owning ships registered in Taiwan, like Excalibur, can be owned by non-Taiwanese citizens. Therefore, the Company’s ownership in Excalibur is no longer required to be reduced to 33% and the Company’s ownership of 48.81% of the capital stock of Excalibur is in compliance with applicable law in Taiwan	'	'	'	'	'	'
Purchase Obligation	'	'	'	'	'	600	'	'	'
Shipping costs	$10,882	$4,424	$39,761	$4,842	'	$60	'	'	'
Number Of Nutritional Products	'	'	'	'	'	27	'	'	'
Number Of Personal Care Products	'	'	'	'	'	21	'	'	'
Percentage Of Access Fees	'	'	10.00%	'	'	'	'	'	'
Third Party Access Fees Description	'	'	'Affiliates that enter the $800 and $8,000 travel programs, an access fee in the amount of $30 and $300, respectively, will be paid.	'	'	'	'	'	'

SUMMARY_OF_SIGNIFICANT_ACCOUNT2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Textual) (USD $)	3 Months Ended		9 Months Ended		12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2013	Dec. 31, 2012	Mar. 31, 2013
Summary Of Significant Accounting Policies [Line Items]	'	'	'	'	'
Net Loss	$9,478,624	$604,612	$12,136,225	$2,842,015	$22,519,529
Accumulated Deficit	$46,915,891	'	$46,915,891	'	$34,936,854

FAIR_VALUE_MEASUREMENTS_Detail

FAIR VALUE MEASUREMENTS (Details) (USD $)	Dec. 31, 2013	Mar. 31, 2013
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'
Securities available for sale - Corporate bonds	$5,401,530	$8,320,698
CTX Virtual Technologies	0	0
Total assets measured at fair value	5,401,530	8,320,698
Fair Value, Inputs, Level 1 [Member]	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'
Securities available for sale - Corporate bonds	5,401,530	8,320,698
CTX Virtual Technologies	0	0
Total assets measured at fair value	5,401,530	8,320,698
Fair Value, Inputs, Level 2 [Member]	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'
Securities available for sale - Corporate bonds	0	0
CTX Virtual Technologies	0	0
Total assets measured at fair value	0	0
Fair Value, Inputs, Level 3 [Member]	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'
Securities available for sale - Corporate bonds	0	0
CTX Virtual Technologies	0	0
Total assets measured at fair value	$0	$0

FAIR_VALUE_MEASUREMENTS_Detail1

FAIR VALUE MEASUREMENTS (Details Textual) (CTX Virtual Technologies Inc [Member], USD $)	12 Months Ended
In Millions, unless otherwise specified	Mar. 31, 2011
CTX Virtual Technologies Inc [Member]	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'
Asset Impairment Charges, Total	$5

SECURITIES_AVAILABLE_FOR_SALE_1

SECURITIES AVAILABLE FOR SALE (Details) (USD $)	9 Months Ended		12 Months Ended
	Dec. 31, 2013		Mar. 31, 2013
Schedule of Available-for-sale Securities [Line Items]	'		'
Available-for-sale Securities, Amortized Cost	$5,444,767		$8,228,801
Available-for-sale Securities, Unrealized Gains	74,245		190,293
Available-for-sale Securities, Unrealized Losses	-117,482		-98,396
Available-for-sale Securities, Market Value	5,401,530		8,320,698
Corporate Bond Securities [Member]	'		'
Schedule of Available-for-sale Securities [Line Items]	'		'
Available-for-sale Securities, Amortized Cost	2,682,087		4,823,609
Available-for-sale Securities, Unrealized Gains	49,710		177,686
Available-for-sale Securities, Unrealized Losses	-67,172		-61,786
Available-for-sale Securities, Market Value	2,664,625		4,939,509
Available For Sale Securities, Average Duration	'2 years 6 months 25 days	[1]	'2 years 6 months 22 days	[1]
Corporate Note Securities [Member]	'		'
Schedule of Available-for-sale Securities [Line Items]	'		'
Available-for-sale Securities, Amortized Cost	1,318,745		2,006,092
Available-for-sale Securities, Unrealized Gains	14,060		12,607
Available-for-sale Securities, Unrealized Losses	-35,650		-20,630
Available-for-sale Securities, Market Value	1,297,155		1,998,069
Available For Sale Securities, Average Duration	'2 years 5 months 8 days	[1]	'6 years 3 months 18 days	[1]
Variable Rate Notes [Member]	'		'
Schedule of Available-for-sale Securities [Line Items]	'		'
Available-for-sale Securities, Amortized Cost	203,000		607,500
Available-for-sale Securities, Unrealized Gains	5,000		0
Available-for-sale Securities, Unrealized Losses	0		-14,220
Available-for-sale Securities, Market Value	208,000		593,280
Available For Sale Securities, Average Duration	'		'9 years 9 months 29 days	[1]
Corporate High Yield Bonds [Member]	'		'
Schedule of Available-for-sale Securities [Line Items]	'		'
Available-for-sale Securities, Amortized Cost	1,240,935		791,600
Available-for-sale Securities, Unrealized Gains	5,475		0
Available-for-sale Securities, Unrealized Losses	-14,660		-1,760
Available-for-sale Securities, Market Value	$1,231,750		$789,840
Available For Sale Securities, Average Duration	'2 years 9 months 18 days	[1]	'9 years 7 months 10 days	[1]
[1]	Average remaining duration to maturity, in years

SECURITIES_AVAILABLE_FOR_SALE_2

SECURITIES AVAILABLE FOR SALE (Details 1) (USD $)	9 Months Ended
	Dec. 31, 2013
Schedule of Available-for-sale Securities [Line Items]	'
Available-for-sale Securities, Less than 1 year, Market Value	$1,753,252
Available-for-sale Securities, Less than 1 year, Unrealized Losses	-31,303
Available-for-sale Securities, 1 Year or More, Market Value	1,670,582
Available-for-sale Securities, 1 year or More, Unrealized Losses	-86,179
Available-for-sale Securities, Market Value	3,423,834
Available-for-sale Securities, Unrealized Losses	-117,482
Corporate Bond Securities [Member]	'
Schedule of Available-for-sale Securities [Line Items]	'
Available-for-sale Securities, Less than 1 year, Market Value	1,025,252
Available-for-sale Securities, Less than 1 year, Unrealized Losses	-16,643
Available-for-sale Securities, 1 Year or More, Market Value	707,482
Available-for-sale Securities, 1 year or More, Unrealized Losses	-50,529
Available-for-sale Securities, Market Value	1,732,734
Available-for-sale Securities, Unrealized Losses	-67,172
Corporate Note Securities [Member]	'
Schedule of Available-for-sale Securities [Line Items]	'
Available-for-sale Securities, Less than 1 year, Market Value	0
Available-for-sale Securities, Less than 1 year, Unrealized Losses	0
Available-for-sale Securities, 1 Year or More, Market Value	963,100
Available-for-sale Securities, 1 year or More, Unrealized Losses	-35,650
Available-for-sale Securities, Market Value	963,100
Available-for-sale Securities, Unrealized Losses	-35,650
Corporate High Yield Bonds [Member]	'
Schedule of Available-for-sale Securities [Line Items]	'
Available-for-sale Securities, Less than 1 year, Market Value	728,000
Available-for-sale Securities, Less than 1 year, Unrealized Losses	-14,660
Available-for-sale Securities, 1 Year or More, Market Value	0
Available-for-sale Securities, 1 year or More, Unrealized Losses	0
Available-for-sale Securities, Market Value	728,000
Available-for-sale Securities, Unrealized Losses	($14,660)

SECURITIES_AVAILABLE_FOR_SALE_3

SECURITIES AVAILABLE FOR SALE (Details Textual) (USD $)	3 Months Ended		9 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2013	Dec. 31, 2012
Schedule of Available-for-sale Securities [Line Items]	'	'	'	'
Available-For-Sale Securities, Gross Realized Gain (Loss)	($4,209)	$282,649	$46,408	$353,371
Proceeds from Sale and Maturity of Marketable Securities	'	'	$4,717,309	'

TRANSPORTATION_EQUIPMENT_HELD_2

TRANSPORTATION EQUIPMENT HELD FOR SALE (Details)	Dec. 31, 2013	Mar. 31, 2013	Sep. 30, 2013	Sep. 30, 2013		Dec. 31, 2012	Dec. 31, 2012
	USD ($)	USD ($)	Subsidiaries [Member]	Subsidiaries [Member]		Subsidiaries [Member]	Subsidiaries [Member]
			Transportation Equipment [Member]	Transportation Equipment [Member]		Transportation Equipment [Member]	Transportation Equipment [Member]
			USD ($)	TWD		USD ($)	TWD
Long Lived Assets Held-for-sale [Line Items]	'	'	'	'		'	'
Original cost	'	'	$18,607,113	550,026,267	[1]	$18,933,779	550,026,267	[1]
Less: impairment loss made in 2011	'	'	-5,800,841	-171,472,850	[1]	-5,902,680	-171,472,850	[1]
Less: impairment loss made in 2013	'	'	-5,464,720	-161,537,135	[1]	-5,560,659	-161,537,135	[1]
Property, Plant and Equipment, Gross	2,223,832	2,305,312	7,341,552	217,016,282	[1]	7,470,440	217,016,282	[1]
Less: Accumulated depreciation	-1,031,198	-924,095	-6,341,063	-187,441,820	[1]	-6,235,440	-181,139,532	[1]
Net carrying value	$1,192,634	$1,381,217	$1,000,489	29,574,462	[1]	$1,235,000	35,876,750	[1]
[1]	NTD: New Taiwan Dollar

TRANSPORTATION_EQUIPMENT_HELD_3

TRANSPORTATION EQUIPMENT HELD FOR SALE (Details Textual) (Transportation Equipment [Member], USD $)	9 Months Ended	12 Months Ended
	Dec. 31, 2013	Mar. 31, 2013	Mar. 31, 2011
Transportation Equipment [Member]	'	'	'
Long Lived Assets Held-for-sale [Line Items]	'	'	'
Asset Impairment Charges, Total	'	$5,500,000	$5,400,000
Property, Plant and Equipment, Disposals	$1,500,000	'	'
Property, Plant and Equipment, Dispositions	'The buyer has paid a deposit of 10% of the purchase price to Excalibur, and the remaining 90% will be paid on the delivery date of the vessel	'	'
Commission percentage	3.00%	'	'

INVENTORIES_Details

INVENTORIES (Details) (USD $)	Dec. 31, 2013	Mar. 31, 2013
Inventory [Line Items]	'	'
Raw materials	$44,555	$36,820
Supplies	0	10,923
Finished goods	1,690,118	2,426,069
Inventory, Gross	1,734,673	2,473,812
Less: Provision for inventory obsolescence	-543,765	-444,795
Inventory, Net, Total	$1,190,908	$2,029,017

RESTRICTED_CASH_Details_Textua

RESTRICTED CASH (Details Textual)	Aug. 20, 2009	Aug. 20, 2009
	USD ($)	TWD
Restricted Cash and Cash Equivalents Items [Line Items]	'	'
Restricted Cash and Cash Equivalents, Noncurrent	$205,673	6,079,694
Damages Sought Value	$249,731	'

PROPERTY_AND_EQUIPMENT_Details

PROPERTY AND EQUIPMENT (Details) (USD $)	Dec. 31, 2013	Mar. 31, 2013
Property, Plant and Equipment [Line Items]	'	'
Property, Plant and Equipment, Gross	$2,223,832	$2,305,312
Less: Accumulated depreciation	-1,031,198	-924,095
Net carrying value	1,192,634	1,381,217
Property and Plant [Member]	'	'
Property, Plant and Equipment [Line Items]	'	'
Property, Plant and Equipment, Gross	970,819	945,806
Leasehold Improvements [Member]	'	'
Property, Plant and Equipment [Line Items]	'	'
Property, Plant and Equipment, Gross	445,221	524,006
Automobiles [Member]	'	'
Property, Plant and Equipment [Line Items]	'	'
Property, Plant and Equipment, Gross	215,809	243,113
Computer Equipment [Member]	'	'
Property, Plant and Equipment [Line Items]	'	'
Property, Plant and Equipment, Gross	124,944	128,127
Furniture and Fixtures [Member]	'	'
Property, Plant and Equipment [Line Items]	'	'
Property, Plant and Equipment, Gross	94,439	95,642
Machinery and Equipment [Member]	'	'
Property, Plant and Equipment [Line Items]	'	'
Property, Plant and Equipment, Gross	$372,600	$368,618

LOANS_TO_RELATED_PARTIES_AND_R1

LOANS TO RELATED PARTIES AND RELATED PARTY TRANSACTIONS (Details Textual) (USD $)	9 Months Ended			9 Months Ended			12 Months Ended	9 Months Ended			1 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Nov. 18, 2007	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2013	Mar. 31, 2013	Dec. 31, 2013	Dec. 31, 2013	Dec. 31, 2012	Jul. 25, 2008
				Director and President [Member]	Director and President [Member]	EFT Assets Limited [Member]	EFT Assets Limited [Member]	Langham Office Owners [Member]	JFL Capital Limited [Member]	JFL Capital Limited [Member]	Yeuh Chi Liu [Member]
Related Party Transaction [Line Items]	'	'	'	'	'	'	'	'	'	'	'
Related Party Transaction, Amounts of Transaction	'	'	'	'	'	$115,886	$174,842	'	'	'	$1,567,000
Equity Method Investment, Ownership Percentage	'	'	87.34%	'	'	'	'	'	'	'	3.97%
Related Party Transaction, Description of Transaction	'The percentage is 5% for the first $30 million in gross sales, 4% for the $10 million in gross sales in excess of $30 million, 3% for the $10 million in gross sales in excess of $40 million; 2% for the $10 million in gross sales in excess of $50 million; and 1% for the $10 million in gross sales in excess of $60 million.	'	'	'	'	'	'	'The Company rents a 6,500 square foot office space for its satellite training center in Hong Kong. This office is located at Langham Office Tower, 8 Argyle Street, Suite 3706, Kowloon, Hong Kong SAR. The leased space is owned by a number of persons, including Wendy Qin, a director of EFT (HK) Ltd. and the sister of Jack Jie Qin, the Company’s president.	'In March 2010, one of the Company’s subsidiaries, EFT International Ltd., entered into a consultancy agreement with JFL Capital Limited, a company in which Wendy Qin serves as a director and is one of the principal shareholders. Under this agreement, EFT International Ltd. engaged JFL Capital Limited to provide EFT International Ltd. consultancy services on administration, financial matters, corporate planning and business development commencing from April 1, 2010, and the annual fee will be increased at the rate of $15,000 each year. The agreement may be terminated by either party on three months’ written notice.	'	'
Lease Expiration Date	31-Mar-15	'	'	'	'	'	'	'	'	'	'
Future Monthly Rental Expenses	30,900	'	'	'	'	'	'	'	'	'	'
Accrued Royalties	'	'	'	'	'	9,047	'	'	'	'	'
Accrued Professional Fees	'	'	'	'	'	'	'	'	270,000	258,750	'
Operating Leases, Rent Expense	$424,318	$449,028	'	$278,351	$278,710	'	'	'	'	'	'

PREPAYMENT_ON_DEVELOPMENT_IN_P1

PREPAYMENT ON DEVELOPMENT IN PROGRESS (Details Textual)	1 Months Ended	12 Months Ended			1 Months Ended			9 Months Ended
	Jul. 15, 2012	Mar. 31, 2013	Dec. 31, 2013	Dec. 31, 2013	Jul. 31, 2011	31-May-11	Apr. 20, 2012	Dec. 31, 2013
	USD ($)	USD ($)	USD ($)	TWD	Meifu and Trans Globe Agreement [Member]	Meifu and Trans Globe Agreement [Member]	Agreements In July 2011 [Member]	Agreement Termination October 10 2012 [Member]
							USD ($)	USD ($)
Investment In Development In Progress [Line Items]	'	'	'	'	'	'	'	'
Taiwan Building Agreement, Description	'	'	'	'	'On July 1 and July 7, 2011, EFT Investment Co. Ltd., EFT Investment, a wholly-owned subsidiary of the Company, as a party to the contract in place of Jack Jie Qin, entered into two sets of agreements, the July 2011 Agreements, with the sellers of the Taiwan Building that provided for substantially the same rights and obligations as the original May 2, 2011 agreements. Pursuant to the terms of the July 2011 Agreements, EFT Investment was obliged to pay the remaining twelve outstanding installments with various amounts due up to the scheduled completion of the Taiwan Building.	'On May 2, 2011, Jack Jie Qin, as an agent, entered into two series of agreements, one series with Meifu Development Co., Ltd., Meifu, and the other series with TransGlobe Life Insurance Inc., TransGlobe, to purchase an office building located in Taipei, Taiwan, the Taiwan Building. The Taiwan Building consists of 14 floors and 144 parking spaces. The agreements signed with Meifu related to the purchase of the 8 th -14 th floors, 1 out of 2 units on the 7 th floor and 79 parking spaces, while the agreements signed with TransGlobe were for the purchase of the 1 st -6 th floors, the other unit on the 7 th floor and the remaining 65 parking spaces in the Taiwan Building. The total purchase price for the Taiwan Building was approximately $235.3 million. The Company intended to retain one floor of the Taiwan Building for its own business operations and planned to sell the majority of the remaining floors.	'	'
Purchase Obligation Quarterly Payment	'	'	'	'	'	'	$4,000,000	'
Residual Purchase Obligation	'	'	'	'	'	'	163,600,000	'
Purchase Obligation Payment Made	'	'	20,800,000	600,000,000	'	'	'	'
Down Payment for Purchase of Property in Taiwan	16,700,000	'	'	'	'	'	'	'
Proceeds from Sale of Other Investments	'	'	'	'	'	'	'	3,400,000
Impairment Losses Related to Prepayment Asset	'	$11,227,000	'	'	'	'	'	'

EXCALIBUR_Details

EXCALIBUR (Details)	Dec. 31, 2013	Sep. 30, 2013	Sep. 30, 2013		Mar. 31, 2013	Dec. 31, 2012	Dec. 31, 2012
	USD ($)	USD ($)	TWD		USD ($)	USD ($)	TWD
Excalibur [Line Items]	'	'	'		'	'	'
Total assets	$21,218,932	$1,418,170	41,921,130	[1]	$25,490,224	$1,665,874	48,393,650
Total liabilities	'	14,228,832	420,604,301	[1]	'	14,162,882	411,431,718
Net liabilities	'	-12,810,662	-378,683,171	[1]	'	-12,497,008	-363,038,068
48.81% ownership	'	($6,252,884)	-184,835,256	[1]	'	($6,099,790)	-177,198,881
[1]	NTD: New Taiwan Dollar

EXCALIBUR_Details_Textual

EXCALIBUR (Details Textual) (USD $)	1 Months Ended
	Oct. 25, 2008	Nov. 18, 2007	Jul. 25, 2008	Oct. 25, 2008
			Yeuh Chi Liu [Member]	Excalibur International Marine Corporation [Member]
Excalibur [Line Items]	'	'	'	'
Equity Method Investment, Ownership Percentage	'	87.34%	3.97%	48.81%
Loans Receivable, Net, Total	'	'	$1,567,000	'
Payments to Acquire Equity Method Investments	$19,193,000	'	'	'

INVESTMENT_IN_CTX_VIRTUAL_TECH1

INVESTMENT IN CTX VIRTUAL TECHNOLOGIES (Details Textual) (USD $)

3 Months Ended

9 Months Ended

12 Months Ended

1 Months Ended

9 Months Ended

12 Months Ended

Dec. 31, 2013

Dec. 31, 2012

Dec. 31, 2013

Dec. 31, 2012

Dec. 31, 2012

Mar. 31, 2011

Mar. 31, 2013

Mar. 12, 2011

Feb. 28, 2011

Jul. 31, 2010

Dec. 31, 2013

Dec. 31, 2012

Mar. 12, 2011

CTX Virtual Technologies Inc [Member]

CTX Virtual Technologies Inc [Member]

CTX Virtual Technologies Inc [Member]

CTX Virtual Technologies Inc [Member]

Investment In Ctx Virtual Technologies [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

Loan Receivable Conversion Original Debt Amount

'

'

'

'

'

'

'

'

'

$5,000,000

'

'

'

Loan Receivable Conversion Original Interest Rate

'

'

'

'

'

'

'

'

'

8.00%

'

'

'

Loan Receivable Conversion Original Debt Due Date Of Loan Year

'

'

'

'

'

'

'

'

'

26-Jul-11

'

'

'

Loan Receivable Conversion Description

'

'

'

'

'

'

'

'

'

'At any time during the one-year term, the Company could at its option convert the loan into 8,474,576 units, with each unit consisting of one share of CTXs common stock and one warrant. Each warrant allows the Company to purchase one additional share of CTXs common stock at a price of $1.00 at any time on or before June 23, 2015. At any time after January 26, 2011 and before July 26, 2011, CTX could, at its option, cause the loan to be converted into the same 8,474,576 units.

'

'

'

Common Stock and Warrants Issuable Increased Percentage

'

'

'

'

'

'

'

'

25.00%

'

'

'

'

Convert Full Principal Amount

'

'

'

'

'

'

'

5,000,000

'

'

'

'

'

Loan Receivable Conversion Converted Instrument Warrants Or Options Issued1

'

'

'

'

'

'

'

'

'

'

'

'

10,593,220

Closing Market Share Price

'

'

'

'

'

$1.93

'

'

'

'

'

'

'

Share Traded During Period

'

'

'

'

'

174,487

'

'

'

'

'

'

'

Average Price

'

'

$1.31

'

'

$1.21

'

'

'

'

'

'

'

Other than Temporary Impairment, Credit Losses Recognized in Earnings, Additions, No Previous Impairment

'

'

'

'

'

5,000,000

'

'

'

'

'

'

'

Revenue, Net

'

'

'

'

'

'

'

'

'

'

'

119,200,000

'

Gross Profit

210,994

219,855

736,036

861,967

'

'

'

'

'

'

'

20,000,000

'

Loan Receivable Conversion Converted Instrument Warrants or Options Issued 1 Percentage of Increase

'

'

'

'

'

'

'

'

'

'

'

'

25.00%

Income (Loss) from Continuing Operations Attributable to Parent

'

'

'

'

'

'

'

'

'

'

'

14,700,000

'

Non Operating Expenses

'

'

'

'

'

'

'

'

'

'

'

9,500,000

'

Income Tax Expense (Benefit)

7,741,386

4,168

7,732,653

17,306

'

'

'

'

'

'

'

5,500,000

'

Deconsolidation, Gain (Loss), Amount

'

'

'

'

'

'

'

'

'

'

'

5,100,000

'

Income (Loss) Attributable to Parent

'

'

'

'

'

'

'

'

'

'

'

$13,600,000

'

Common Stock, Shares, Outstanding

75,983,201

'

75,983,201

'

'

'

75,983,201

'

'

'

'

20,261,341

'

Closing Market Price of Share

$1.48

'

$1.48

'

'

'

'

'

'

'

'

'

'

Number of Common Shares, Traded

100

'

100

'

'

'

'

'

'

'

'

'

'

Number of Common Shares, Traded 1

'

'

'

'

'

'

'

'

'

'

113,100

'

'

Debt Conversion, Converted Instrument, Warrants or Options Issued

'

'

'

'

10,593,220

'

'

'

'

'

'

'

'

OTHER_LIABILITIES_Details

OTHER LIABILITIES (Details) (USD $)	Dec. 31, 2013	Mar. 31, 2013
Other Liabilities [Line Items]	'	'
Payroll liabilities	$101,131	$89,506
Warranty liabilities	3,805	5,005
Accrued interest	8,602	3,949
Accrued expenses	598,231	317,448
Provision for tax	8,651,680	919,084
Others	114,939	5,330
Other Liabilities, Current, Total	$9,478,388	$1,340,322

OTHER_LIABILITIES_Details_1

OTHER LIABILITIES (Details 1) (USD $)	9 Months Ended	12 Months Ended
	Dec. 31, 2013	Mar. 31, 2013
Other Liabilities [Line Items]	'	'
Warranty liability as at beginning of period, current	$5,005	$3,748
Cost accrued	4,729	8,653
Service obligations honored	-5,929	-7,396
Warranty liability as at end of period, current	$3,805	$5,005

DUE_TO_RELATED_PARTIES_Details

DUE TO RELATED PARTIES (Details) (USD $)	Dec. 31, 2013	Mar. 31, 2013
Related Party Transaction [Line Items]	'	'
Amount due to related parties:	$47,361	$48,193

CONTINGENT_LIABILITIES_Details

CONTINGENT LIABILITIES (Details Textual)	1 Months Ended	9 Months Ended		12 Months Ended			12 Months Ended		9 Months Ended
	Mar. 22, 2012	Dec. 31, 2013	Dec. 31, 2013	Dec. 31, 2010	Dec. 31, 2010	Dec. 31, 2013	Dec. 31, 2009	Dec. 31, 2009	Dec. 31, 2013
	CNY	USD ($)	CNY	USD ($)	CNY	EUR (€)	Water Manufacturing Plant [Member]	Water Manufacturing Plant [Member]	Excalibur International Marine Corporation [Member]
							USD ($)	CNY	EUR (€)
Other Commitments [Line Items]	'	'	'	'	'	'	'	'	'
Disputed Payment Contingency	'	$2,702,703	'	'	'	'	'	'	€ 2,000,000
Purchase Price of Subsidiary	'	20,700,000	'	'	'	16,000,000	'	'	'
Manufacturing Costs	'	'	'	'	'	'	755,000	4,758,600	'
Payment Of Final Construction	'	'	'	110,000	698,896	'	'	'	'
Purported Outstanding Payments	1,912,000	$219,325	1,326,916	'	'	'	'	'	'

SHORTTERM_LOAN_Details_Textual

SHORT-TERM LOAN (Details Textual) (USD $)	9 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Statement [Line Items]	'	'
Loans From Third Party	$571,200	'
Debt Instrument, Interest Rate During Period	4.95%	'
Debt Instrument, Periodic Payment	64,783	'
Loans Assumed	571,200	571,200
Directors and Officers Liability Insurance [Member]	'	'
Statement [Line Items]	'	'
Debt Instrument, Periodic Payment	64,422	'
Loans Assumed	$571,200	'
Debt Instrument, Interest Rate, Stated Percentage	3.60%	'
Debt Instrument, Frequency of Periodic Payment	'nine equal payments	'

STOCKHOLDERS_EQUITY_Details_Te

STOCKHOLDERS' EQUITY (Details Textual)	Dec. 31, 2013	Mar. 31, 2013	Dec. 31, 2013	Dec. 31, 2013	Dec. 31, 2013
			Digital Development Partners [Member]	Digital Development Partners [Member]	Digital Development Partners [Member]
				Series A Warrant [Member]	Series B Warrant [Member]
Class of Stock [Line Items]	'	'	'	'	'
Common Stock, Shares Authorized	4,975,000,000	4,975,000,000	'	'	'
Common Stock, Shares Issued	75,983,201	75,983,201	'	'	'
Common Stock, Shares, Outstanding	75,983,201	75,983,201	'	'	'
Class of Warrant or Right, Exercise Price of Warrants or Rights	'	'	1	1	1.25
Class of Warrant or Right, Outstanding	'	'	2,000,000	330,665	330,665
Investment Warrants Expiration Date Description	'	'	1-Jun-14	30-Sep-14	30-Sep-14

INCOME_TAXES_Details

INCOME TAXES (Details) (USD $)	3 Months Ended		9 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2013	Dec. 31, 2012
Current:	'	'	'	'
Domestic	'	'	$57	$14,816
Foreign	'	'	-8,790	2,490
Provision for prior years	'	'	7,741,386	0
Income tax expenses/(benefit)	$7,741,386	$4,168	$7,732,653	$17,306

INCOME_TAXES_Details_1

INCOME TAXES (Details 1) (USD $)	3 Months Ended		9 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2013	Dec. 31, 2012
Income Taxes [Line Items]	'	'	'	'
Income tax/ (provision) at U.S. statutory rate	'	'	($4,432,244)	($1,171,550)
State tax	'	'	57	14,816
Indefinitely invested earnings of foreign subsidiaries	'	'	4,421,371	1,140,162
Nondeductible expenses	'	'	10,873	31,388
Foreign subsidiary income tax	'	'	-8,790	2,490
Provision for prior years	'	'	7,741,386	0
Income tax expenses/(benefit)	$7,741,386	$4,168	$7,732,653	$17,306

INCOME_TAXES_Details_Textual

INCOME TAXES (Details Textual) (USD $)	9 Months Ended									9 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Mar. 31, 2010	Mar. 31, 2010	Mar. 31, 2008	Mar. 31, 2010	Mar. 31, 2008	Mar. 31, 2010	Mar. 31, 2009	Dec. 31, 2013	Dec. 31, 2013
			Internal Revenue Service (IRS) [Member]	Domestic Tax Authority [Member]	Domestic Tax Authority [Member]	State and Local Jurisdiction [Member]	State and Local Jurisdiction [Member]	Domestic and CA Tax Authority [Member]	Domestic and CA Tax Authority [Member]	Subsidiary In Taiwan [Member]	Subsidiary In Mainland China [Member]
Income Taxes [Line Items]	'	'	'	'	'	'	'	'	'	'	'
Effective Rate of Income Tax	37.00%	37.00%	'	'	'	'	'	'	'	17.00%	25.00%
Consideration for Management Service, Description	'EFT (HK) Ltd provides management service to a BVI subsidiary, and the BVI subsidiary reimburses EFT HK Ltd for its total operating expenses plus 5% mark up, and the income is subject to 16.5% profit tax	'	'	'	'	'	'	'	'	'	'
Income Tax Examination, Penalties from Examination	$690,244	'	'	'	'	'	'	'	'	'	'
Income Tax Examination, Liability (Refund) Adjustment from Settlement with Taxing Authority	'	'	12,300,000	'	6,000,000	'	1,600,000	1,700,000	3,700,000	'	'
Fresh-Start Adjustment, Increase (Decrease), Deferred Income Tax Liabilities, Current	'	'	8,000,000	'	'	'	'	'	'	'	'
Deferred Tax Liabilities, Tax Deferred Income	'	'	'	$2,000,000	'	$2,600,000	'	'	'	'	'

COMMITMENTS_Details_Textual

COMMITMENTS (Details Textual) (USD $)	9 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Other Commitments [Line Items]	'	'
Operating Leases, Rent Expense	$424,318	$449,028

SEGMENT_INFORMATION_Details

SEGMENT INFORMATION (Details) (USD $)	3 Months Ended		9 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2013	Dec. 31, 2012	Mar. 31, 2013
Segment Reporting Information [Line Items]	'	'	'	'	'
Sales revenues, net	$433,849	$717,151	$1,587,555	$2,125,879	'
Cost of goods sold	-222,855	-497,296	-851,519	-1,263,912	'
Gross profit/(loss)	210,994	219,855	736,036	861,967	'
Operating expenses:	'	'	'	'	'
Selling, general and administrative expenses	1,803,621	1,584,352	5,140,100	4,429,669	'
Provision for inventory obsolescence	293,501	-208,681	398,708	498,398	'
Royalty expenses	35,482	59,686	115,886	174,842	'
Total operating expenses	2,132,604	1,435,357	5,654,694	5,102,909	'
Net operating loss	-1,921,610	-1,215,502	-4,918,658	-4,240,942	'
Other income/(loss)	184,372	615,058	515,086	1,416,233	'
Allocated income tax benefit/expense	-7,741,386	-4,168	-7,732,653	-17,306	'
Loss after income tax	-9,478,624	-604,612	-12,136,225	-2,842,015	'
Total long-lived assets	1,192,634	7,044,477	1,192,634	7,044,477	'
Total assets held for sale	1,000,489	'	1,000,489	'	1,235,000
Additions to long-lived assets	399	5,798	7,023	63,752	'
Online Businesses [Member]	'	'	'	'	'
Segment Reporting Information [Line Items]	'	'	'	'	'
Sales revenues, net	433,849	717,151	1,579,721	2,125,879	'
Cost of goods sold	-107,643	-238,805	-497,449	-502,343	'
Gross profit/(loss)	326,206	478,346	1,082,272	1,623,536	'
Operating expenses:	'	'	'	'	'
Selling, general and administrative expenses	1,118,041	1,255,430	3,982,006	3,555,786	'
Provision for inventory obsolescence	293,501	-208,681	398,708	498,398	'
Royalty expenses	35,482	59,686	115,886	174,842	'
Total operating expenses	1,447,024	1,106,435	4,496,600	4,229,026	'
Net operating loss	-1,120,818	-628,089	-3,414,328	-2,605,490	'
Other income/(loss)	144,435	416,482	350,777	721,233	'
Allocated income tax benefit/expense	-7,741,386	-4,168	-7,732,653	-17,306	'
Loss after income tax	-8,717,769	-215,775	-10,796,204	-1,901,563	'
Total long-lived assets	85,191	218,887	85,191	218,887	'
Total assets held for sale	0	'	0	'	'
Additions to long-lived assets	387	2,414	1,904	48,105	'
Transportation Businesses [Member]	'	'	'	'	'
Segment Reporting Information [Line Items]	'	'	'	'	'
Sales revenues, net	0	0	0	0	'
Cost of goods sold	-114,334	-258,491	-349,430	-761,569	'
Gross profit/(loss)	-114,334	-258,491	-349,430	-761,569	'
Operating expenses:	'	'	'	'	'
Selling, general and administrative expenses	380,582	223,265	676,526	603,375	'
Provision for inventory obsolescence	0	0	0	0	'
Royalty expenses	0	0	0	0	'
Total operating expenses	380,582	223,265	676,526	603,375	'
Net operating loss	-494,916	-481,756	-1,025,956	-1,364,944	'
Other income/(loss)	39,937	198,758	164,307	694,414	'
Allocated income tax benefit/expense	0	0	0	0	'
Loss after income tax	-454,979	-282,998	-861,649	-670,530	'
Total long-lived assets	7,433	5,624,001	7,433	5,624,001	'
Total assets held for sale	1,000,489	'	1,000,489	'	'
Additions to long-lived assets	12	37	5,119	6,136	'
Beverage Business [Member]	'	'	'	'	'
Segment Reporting Information [Line Items]	'	'	'	'	'
Sales revenues, net	0	0	7,834	0	'
Cost of goods sold	-878	0	-4,640	0	'
Gross profit/(loss)	-878	0	3,194	0	'
Operating expenses:	'	'	'	'	'
Selling, general and administrative expenses	304,998	105,657	481,568	270,508	'
Provision for inventory obsolescence	0	0	0	0	'
Royalty expenses	0	0	0	0	'
Total operating expenses	304,998	105,657	481,568	270,508	'
Net operating loss	-305,876	-105,657	-478,374	-270,508	'
Other income/(loss)	0	-182	2	586	'
Allocated income tax benefit/expense	0	0	0	0	'
Loss after income tax	-305,876	-105,839	-478,372	-269,922	'
Total long-lived assets	1,100,010	1,201,589	1,100,010	1,201,589	'
Total assets held for sale	0	'	0	'	'
Additions to long-lived assets	$0	$3,347	$0	$9,511	'

LITIGATION_Details_Textual

LITIGATION (Details Textual)

1 Months Ended

9 Months Ended

12 Months Ended

1 Months Ended

12 Months Ended

9 Months Ended

Mar. 22, 2012

Aug. 18, 2010

Aug. 18, 2010

Oct. 25, 2008

Dec. 31, 2013

Dec. 31, 2013

Dec. 31, 2010

Dec. 31, 2010

Nov. 29, 2013

Nov. 18, 2007

Aug. 20, 2009

Jul. 09, 2009

Jul. 09, 2009

Dec. 31, 2009

Dec. 31, 2009

Dec. 31, 2013

Dec. 31, 2013

Oct. 25, 2008

CNY

USD ($)

EUR (€)

USD ($)

USD ($)

CNY

USD ($)

CNY

USD ($)

Unpaid Services and Out Of Pocket Expenses [Member]

Unpaid Services and Out Of Pocket Expenses [Member]

Unpaid Services and Out Of Pocket Expenses [Member]

Water Manufacturing Plant [Member]

Water Manufacturing Plant [Member]

Excalibur International Marine Corporation [Member]

Excalibur International Marine Corporation [Member]

Excalibur International Marine Corporation [Member]

USD ($)

USD ($)

TWD

USD ($)

CNY

USD ($)

EUR (€)

Loss Contingencies [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Equity Method Investment, Ownership Percentage

'

'

'

'

'

'

'

'

'

87.34%

'

'

'

'

'

'

'

48.81%

Unpaid Purchase Obligation

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

$2,631,579

€ 2,000,000

'

Loss Contingency, Damages Sought, Value

'

2,700,000

2,000,000

'

'

'

19,000,000

'

'

'

'

270,000

8,050,832

'

'

'

'

'

Loss Contingency, Damages Paid, Value

'

'

'

'

'

'

'

'

'

'

193,992

'

'

'

'

'

'

'

Accrued Liabilities

'

'

'

'

'

'

'

'

200,000

'

'

'

'

'

'

'

'

'

Manufacturing Costs

'

'

'

'

'

'

'

'

'

'

'

'

'

755,000

4,758,600

'

'

'

Payment of Final Construction

'

'

'

'

'

'

110,000

698,896

'

'

'

'

'

'

'

'

'

'

Purported Outstanding Payments

1,912,000

'

'

'

219,325

1,326,916

'

'

'

'

'

'

'

'

'

'

'

'

Payments to Acquire Equity Method Investments

'

'

'

$19,193,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'