Eft (EFTB) 10-Q 17 Feb 15 2015 Q3 Quarterly report Financial data

Document_And_Entity_Informatio

Document And Entity Information	9 Months Ended
	Dec. 31, 2014	Feb. 13, 2015
Document Information [Line Items]
Entity Registrant Name	EFT Holdings, Inc.
Entity Central Index Key	1450973
Current Fiscal Year End Date	-28
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-14
Document Fiscal Period Focus	Q3
Document Fiscal Year Focus	2015

Consolidated_Balance_Sheets

Consolidated Balance Sheets (USD $)	Dec. 31, 2014	Mar. 31, 2014
Current assets
Cash and cash equivalents	$2,944,277	$1,770,206
Securities available for sale	2,651,773	4,662,020
Inventories	291,078	618,919
Prepaid expenses	742,622	620,337
Other receivables	291,845	492,001
Current assets of discontinued operations	0	64,879
Total current assets	6,921,595	8,228,362
Property and equipment, net	937,832	1,098,308
Security deposit	356,478	422,029
Non-current assets of discontinued operations	0	210,948
Total assets	8,215,905	9,959,647
Current liabilities
Accounts payable	1,191,070	1,189,494
Commission payable	3,771,835	3,884,774
Other liabilities	5,868,619	5,729,073
Unearned revenues	3,245,126	3,268,916
Short-term loan	447,956	319,245
Contingent liabilities	213,674	213,674
Current liabilities of discontinued operations	0	3,523,808
Total liabilities	14,738,280	18,128,984
EFT Holdings, Inc. stockholders' equity (deficiency):
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, 2014	760	760
Additional paid in capital	52,854,891	52,854,891
Retained deficits	-59,305,564	-54,963,024
Accumulated other comprehensive income	-25,475	680,052
Total EFT Holdings, Inc. stockholders' equity (deficiency)	-6,475,388	-1,427,321
Non-controlling interest	-46,987	-6,742,016
Total equity (deficiency)	-6,522,375	-8,169,337
Total liabilities and equity (deficiency)	$8,215,905	$9,959,647

Consolidated_Balance_Sheets_Pa

Consolidated Balance Sheets (Parenthetical) (USD $)	Dec. 31, 2014	Mar. 31, 2014
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_Ope

Consolidated Statements of Operations(USD ($))	3 Months Ended		9 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2014	Dec. 31, 2013
Sales revenues, net	$263,373	$348,096	$611,907	$1,280,325
Shipping charges	74,724	85,753	188,133	307,230
Total revenues, net	338,097	433,849	800,040	1,587,555
Cost of goods sold	109,013	97,639	249,544	462,328
Shipping costs	2,010	10,882	34,156	39,761
Total cost of revenues	111,023	108,521	283,700	502,089
Gross profit	227,074	325,328	516,340	1,085,466
Operating expenses:
Selling, general and administrative expenses	1,535,096	1,769,614	4,125,890	5,030,503
Provision for inventory obsolescence	32,942	293,501	152,173	398,708
Royalty expenses - related party	125,000	35,482	375,000	115,886
Total operating expenses	1,693,038	2,098,597	4,653,063	5,545,097
Operating loss	-1,465,964	-1,773,269	-4,136,723	-4,459,631
Other income/(expense)
Interest income	32,558	69,706	126,682	228,601
Interest expense	-41,795	-1,720	-114,051	-5,669
Gain/(loss) on disposal of securities available for sale (includes $(56,824) and $74,198 accumulated other comprehensive income/(loss) reclassifications for unrealized net gains on securities available for sale for the nine months ended December 31, 2014 and 2013, respectively)	-6,155	-4,209	-62,832	46,408
Dividend income	0	0	8,787	0
Foreign exchange gain/(loss)	-255	152	-2,789	448
Other income/(losses)	11,797	80,674	67,489	81,982
Gain on sale of long-term investment	0	0	2,407,038	0
Total other income/(expense)	-3,850	144,603	2,430,324	351,770
Loss from continuing operations before income taxes	-1,469,814	-1,628,666	-1,706,399	-4,107,861
Income taxes expense	4,177	7,741,386	6,049	7,732,653
Loss from continuing operations	-1,473,991	-9,370,052	-1,712,448	-11,840,514
Discontinued operations
Loss from operation of Excalibur	-29,606	-108,572	-27,018	-295,711
Loss from disposal of Excalibur	-2,622,906	0	-2,622,906	0
Total loss from discontinued operations	-2,652,512	-108,572	-2,649,924	-295,711
Net loss	-4,126,503	-9,478,624	-4,362,372	-12,136,225
Loss from non-controlling interest	16,981	57,413	19,832	157,188
Net loss attributable to EFT Holdings, Inc.	($4,109,522)	($9,421,211)	($4,342,540)	($11,979,037)
Net loss per share - continuing operations
Basic and diluted (in dollars per share)	($0.02)	($0.12)	($0.02)	($0.16)
Net loss per share - discontinued operations
Basic and diluted (in dollars per share)	($0.03)	$0	($0.03)	$0
Net loss per common share attributable to EFT Holdings, Inc.
Basic and diluted (in dollars per share)	($0.05)	($0.12)	($0.06)	($0.16)
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_Ope1

Consolidated Statements of Operations (Parenthetical) (USD $)	9 Months Ended
	Dec. 31, 2014	Dec. 31, 2013
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI for Sale of Securities, before Tax	($56,824)	$74,198

Consolidated_Statements_of_Com

Consolidated Statements of Comprehensive Losses(USD ($))	3 Months Ended		9 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2014	Dec. 31, 2013
Net loss	($4,126,503)	($9,478,624)	($4,362,372)	($12,136,225)
Other comprehensive income/(loss)
Foreign currency translation adjustment	-847,715	-159,098	-582,804	-109,562
Unrealized income/(loss) on securities available for sale	-9,723	17,517	50,227	-135,134
Comprehensive loss	-4,983,941	-9,620,205	-4,894,949	-12,380,921
Less: Comprehensive income/(loss) attributable to non-controlling interests	-30,689	-168,231	153,118	-166,373
Comprehensive loss attributable to EFT Holdings, Inc.	($4,953,252)	($9,451,974)	($5,048,067)	($12,214,548)

Consolidated_Statements_of_Cas

Consolidated Statements of Cash Flows(USD ($))	9 Months Ended
	Dec. 31, 2014	Dec. 31, 2013
Cash flows from operating activities:
Net loss	($4,362,372)	($12,136,225)
Net loss from discontinued operations	-2,649,924	-295,711
Loss from continuing operations	-1,712,448	-11,840,514
Adjustments to reconcile net loss to net cash provided by/(used in) operating activities:
Depreciation and amortization	143,137	208,704
(Gain)/loss from securities available for sale	62,832	-46,408
Provision for inventory obsolescence	152,173	398,708
(Gain)/loss on disposal of fixed assets	-1,725	5,251
Changes in operating assets and liabilities:
Contingent liabilities	0	216,816
Inventories	175,671	440,627
Prepaid expenses	431,979	309,762
Other receivables	157,872	86,814
Accounts receivable	44,291	-89,998
Accounts payable	1,575	-28,616
Commission payable	-112,938	-225,646
Other liabilities	140,681	7,950,193
Unearned revenues	-23,790	-245,520
Net cash used in continuing operations	-540,690	-2,859,827
Net cash provided by discontinued operations	0	30,704
Net cash used in operating activities	-540,690	-2,829,123
Cash flows from investing activities:
Additions to fixed assets	0	-7,023
Proceeds from disposal of fixed assets	20,145	9,405
Proceeds from maturity of corporate notes	0	0
Purchase of securities available for sale	-3,188,408	-1,933,275
Proceeds from available for sale securities	5,186,716	4,763,717
Net cash provided by continuing operations	2,018,453	2,832,824
Net cash provided by discontinued operations	0	0
Net cash provided by investing activities	2,018,453	2,832,824
Cash flows from financing activities:
Repayment of installment plan	-374,489	-319,966
Net cash used in continuing operations	-374,489	-319,966
Net cash provided by discontinued operations	0	0
Net cash used in financing activities	-374,489	-319,966
Effect of exchange rate changes on cash	70,797	-78,673
Net increase/(decrease) in cash	1,174,071	-394,938
Cash, beginning of period	1,770,206	1,732,270
Cash, end of period	2,944,277	1,337,332
Supplemental disclosures of cash flow information:
Interest expenses paid in cash	$4,377	$5,669

ORGANIZATION

ORGANIZATION	9 Months Ended
	Dec. 31, 2014
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.  The Company’s business is classified by management into two reportable segments: online and beverage. These reportable segments are two 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.

GOING_CONCERN

GOING CONCERN	9 Months Ended
	Dec. 31, 2014
Going Concern Disclosure [Abstract]
Going Concern Disclosure [Text Block]	Note 2 - GOING CONCERN
	The accompanying financial statements have been prepared assuming that the Company will continue as a going concern. The Company has negative working capital of $7,816,685 and an accumulated deficit of $59,305,564 as of December 31, 2014 and has reported net losses for the past two fiscal years. The Company expects to continue incurring losses for the foreseeable future and may need to raise additional capital from external sources such as bank borrowings or capital issuances in order to continue the long-term efforts contemplated under its current business plan. Management is also considering different marketing strategies to generate more revenues and plans to continue to reduce certain operating expenses going forward. In addition, the Company is seeking to recover $21 million through the U.S. federal courts, but there can be no assurance that it will be successful in doing so. These circumstances, among others, raise substantial doubt about the Company’s ability to continue as a going concern. The financial statements do not include any adjustments that might be necessary if the Company is unable to continue as a going concern.

SUMMARY_OF_SIGNIFICANT_ACCOUNT

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	9 Months Ended
	Dec. 31, 2014
Accounting Policies [Abstract]
Significant Accounting Policies [Text Block]	Note 3 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
	Basis of presentation
	The unaudited financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America for interim financial information and the rules and regulations of the Securities and Exchange Commission. In the opinion of management, the unaudited financial statements have been prepared on the same basis as the annual financial statements and reflect all adjustments, which include only normal recurring adjustments, necessary to present fairly the financial position as of December 31, 2014 and the results of operations and cash flows for the periods ended December 31, 2014 and 2013. The financial data and other information disclosed in these notes to the interim financial statements related to these periods are unaudited. The results for the nine and three months ended December 31, 2014 are not necessarily indicative of the results to be expected for any subsequent periods or for the year ending March 31, 2015. The balance sheet at March 31, 2014 has been derived from the audited financial statements at that date.
	Certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States have been condensed or omitted pursuant to the Securities and Exchange Commission’s rules and regulations. These unaudited financial statements should be read in conjunction with the Company’s audited financial statements and notes thereto for the year ended March 31, 2014 as included in the Company’s Annual Report on Form 10-K for the year ended March 31, 2014.
	Principles of Consolidation
	The financial statements include the accounts of EFT Holdings, Inc. and its subsidiaries. All material intercompany transactions and balances have been eliminated.
	Reclassification
	Certain amounts for prior periods have been reclassified to conform to the current period presentation.
	Uses of estimates in the preparation of financial statements
	The Company’s consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America and this requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and reported amounts of revenue and expenses during the reporting period. The significant areas requiring the use of management estimates include, but not limited to, the allowance for doubtful accounts receivable, estimated useful life and residual value of property, plant and equipment, provision for staff benefit, inventory markdown allowance, recognition and measurement of deferred income taxes and valuation allowance for deferred tax assets. Although these estimates are based on management’s knowledge of current events and actions management may undertake in the future, actual results may ultimately differ from those estimates.
	The significant accounting policies used in preparation of these consolidated financial statements for the nine months ended December 31, 2014 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, 2014. The Company consolidates Excalibur International Marine Corporation (“Excalibur”) based on a three-month lag with the Company’s reporting periods as discussed in Note 8.
	Recent accounting pronouncements
	In January 2015, the FASB issued ASU 2015-01, Income Statement—Extraordinary and Unusual Items (Subtopic 225-20). This ASU simplifies the income statement presentation requirements in Subtopic 225-20 by eliminating the concept of extraordinary items. The amendments in this ASU apply to all entities. They are effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2015. Early adoption is permitted. The Company does not believe the adoption of this ASU will have a material effect on its consolidated financial statements.
	In August 2014, the FASB issued ASU 2014-15, Presentation of Financial Statements-Going Concern (Subtopic 205-40). This ASU provides guidance about management’s responsibility to evaluate whether there is substantial doubt about an entity’s ability to continue as a going concern and to provide related footnote disclosures. The revised accounting guidance applies to all entities. It is effective for the first annual period ending after December 15, 2016, and for annual periods and interim periods thereafter. Early application is permitted. The Company does not believe the adoption of this ASU will have a material effect on its consolidated financial statements.
	In April 2014, the FASB issued amendments to ASC Topic 205 “Presentation of Financial Statements” and ASC Topic 360 “Property, Plant and Equipment”. The amendments change the current requirements for reporting discontinued operations in Subtopic 205-20. It requires an entity to present, for each comparative period, the assets and liabilities of a disposal group that includes a discontinued operation separately in the asset and liability section, respectively, of the statement of financial position. This topic is effective for public entities for reporting periods beginning after December 15, 2014. An entity should not apply the amendments to a component classified as held for sale before the effective date even if the component of an entity is disposed of after the effective date. Early adoption is permitted, but only for disposals (or classifications as held for sale) that have not been reported in financial statements previously issued. The Company does not believe the adoption of the amendments to ASC 205 and ASC 360 will have a material effect on its consolidated financial statements.
	There are no other new accounting pronouncements adopted or enacted during the nine months ended December 31, 2014 that had, or are expected to have, a material impact on the Company’s financial statements.
	Except for rules and interpretive releases of the SEC and a limited number of grandfathered standards, the FASB Accounting Standards Codification ("ASC") is the sole source of authoritative GAAP literature recognized by the FASB and applicable to the Company.

FAIR_VALUE_MEASUREMENTS

FAIR VALUE MEASUREMENTS	9 Months Ended
	Dec. 31, 2014
Fair Value Disclosures [Abstract]
Fair Value Disclosures [Text Block]	Note 4 - 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.
	Assets measured at fair value are summarized below:
			December 31, 2014
			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 - Debt securities		$	2,651,773	$	-	$	-	$	2,651,773
	Total assets measured at fair value		$	2,651,773	$	-	$	-	$	2,651,773
			March 31, 2014
			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 - Debt securities		$	4,662,020	$	-	$	-	$	4,662,020
	Total assets measured at fair value		$	4,662,020	$	-	$	-	$	4,662,020

SECURITIES_AVAILABLE_FOR_SALE

SECURITIES AVAILABLE FOR SALE	9 Months Ended
	Dec. 31, 2014
Investments, Debt and Equity Securities [Abstract]
Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block]	Note 5 – SECURITIES AVAILABLE FOR SALE
	Securities available for sale consist of the following:
			December 31, 2014
			Amortized		Unrealized		Unrealized		Market		Average
			Cost		Gains		Losses		Value		Duration (1)
	Corporate bonds		$	2,102,394	$	9,562	$	-13,994	$	2,097,962	4.79
	Corporate notes			565,724		-		-11,913		553,811	3.32
	Total debt securities		$	2,668,118	$	9,562	$	-25,907	$	2,651,773
			March 31, 2014
			Amortized		Unrealized		Unrealized		Market		Average
			Cost		Gains		Losses		Value		Duration (1)
	Corporate bonds		$	1,786,057	$	23,069	$	-26,346	$	1,782,780	2.56
	Corporate notes			998,750		-		-23,750		975,000	3.56
	Variable rate notes			1,943,785		21,080		-60,625		1,904,240	Perpetual
	Total debt securities		$	4,728,592	$	44,149	$	-110,721	$	4,662,020
		-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, 2014:
			Less than 1 year				1 Year or More				Total
			Market		Unrealized		Market		Unrealized		Market		Unrealized
			Value		Losses		Value		Losses		Value		Loss
	Corporate bonds		$	-	$	-	$	1,301,342	$	-13,994	$	1,301,342	$	-13,994
	Corporate notes			-		-		553,811		-11,913		553,811		-11,913
	Total debt securities		$	-	$	-	$	1,855,153	$	-25,907	$	1,855,153	$	-25,907
	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 less 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 21 securities in an unrealized loss position at December 31, 2014. 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 $5,249,548 were sold during the nine months ended December 31, 2014. The Company recognized a loss of $62,832 on the sale of those securities.

INVENTORIES

INVENTORIES	9 Months Ended
	Dec. 31, 2014
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 the EFT-Phone. 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,
		2014		2014
	Raw materials and supplies	$	42,234	$	43,407
	Finished goods		1,283,549		1,495,349
			1,325,783		1,538,756
	Less: Provision for inventory obsolescence		-1,034,705		-919,837
		$	291,078	$	618,919

LOANS_TO_RELATED_PARTIES_AND_R

LOANS TO RELATED PARTIES AND RELATED PARTY TRANSACTIONS	9 Months Ended
	Dec. 31, 2014
Loans To Related Parties and Related Party Transactions [Abstract]
Loans to Related Parties and Related Party Transactions [Text Block]	Note 7 - LOANS TO RELATED PARTIES AND RELATED PARTY TRANSACTIONS
	The “EFT” trademark was owned by Top Capital Inc. beginning in the 1990s and was operated for its online business in China. At the time when Top Capital Inc. merged with the Company on November 16, 2007, the ownership of the “EFT” trademark was transferred to EFT Assets Limited, a company in which Wendy Qin, a director of EFT International Ltd., serves as a director. Pursuant to an agreement between the Company and EFT Assets Limited at the time of the merger, the Company uses the “EFT” name and 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, with a minimum annual royalty of $500,000. EFT Assets Limited is owned by a number of persons, including Wendy Qin. Ms. Qin is the sister of Jack Jie Qin, the Company’s president. During the nine months ended December 31, 2014 and 2013, royalty fees incurred pursuant to the agreement with EFT Assets Limited were $375,000 and $115,886, 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. For the nine months ended December 31, 2014 and 2013, EFT International Ltd. paid JFL Capital Limited $281,250 and $270,000, respectively.
	The Company rents a 6,500 square foot office space at market rate 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. On May 1, 2014, the Company sublet a portion of the rental office space, approximately 1,230 square feet, to a third party at a market rate in an effort to reduce the Company’s costs. On November 1, 2014, the Company further sublet approximately 2,200 square feet of office space to another third party at a market rate to further reduce the Company’s costs. During the nine months ended December 31, 2014 and 2013, the Company paid the lessor $191,794 and $278,351, respectively, in rent.

DECONSOLIDATION_OF_SUBSIDIARY_

DECONSOLIDATION OF SUBSIDIARY - EXCALIBUR	9 Months Ended
	Dec. 31, 2014
Discontinued Operations and Disposal Groups [Abstract]
Excalibur [Text Block]	Note 8 - DECONSOLIDATION OF SUBSIDIARY - EXCALIBUR
	On October 25, 2008, the Company through its wholly-owned subsidiary, EFT Investment, acquired a 48.81% equity interest in Excalibur International Marine Corporation (“Excalibur”) for $19,193,000. The Company initially loaned funds to Excalibur in July 2008 and subsequently has continued to provide Excalibur with loans to fund its operations. Since the Company provided funding and exercised control over Excalibur, Excalibur was treated as a subsidiary and its accounts were consolidated into the Group’s financial statements.
	On October 3, 2014, the Ministry of Economic Affairs of Taiwan issued a letter to the Company stating that the registrations for the issuance of shares of Excalibur on May 16 and June 15, 2007 were judged to be false by the Taiwan High Court. Therefore, these two registrations were cancelled and all subsequent registrations that followed based upon the untrue basis of the two false share registrations were cancelled as well. As the acquisition of Excalibur’s shares by EFT Investment Co. Ltd. (“EFTI”) Taiwan was made after these two invalid share registrations in May and June 2007, the share registration regarding EFTI Taiwan’s purchase of Excalibur’s shares was also cancelled.
	In regards to the historical financial reporting treatment, considering the facts that the Company has provided financial support to Excalibur’s operations and was committed to absorb the losses from Excalibur’s operations, the Company has concluded the investment in Excalibur would be considered a Variable Interest Entity (“VIE”) in accordance with ASC 810. As a result of the Company’s investment in Excalibur being considered a VIE, the Company would have consolidated the accounts of Excalibur from the time of its investment and there would have been no impact on the historical financial statements previously presented for the Company.
	In view of the loss of the Company’s shareholding right and the fact that the Company will not provide financial support to Excalibur in the future, Excalibur was deconsolidated from the Company’s consolidated accounts effective on October 1, 2014. The Company recognized a loss of $2,622,906 as a result of the disposal of Excalibur in October 2014, which included gain from disposal of subsidiary of $7,042,255 and the write-off of intercompany loan receivables from Excalibur of $9,665,161.
	The Company consolidated Excalibur based on a three-month lag with the Company’s reporting periods. All inter-company accounts and transactions were eliminated in consolidation. During the three months and nine months ended December 31, 2014, the financial statements of Excalibur were consolidated based on Excalibur’s September 30, 2014 financial statements. The following table provides a summary of balance sheet and statement of operations information for Excalibur, which is consolidated in the Company’s financial statements:
		Excalibur International Marine Corporation
		September 30, 2014		December 31, 2013
		NTD*	USD	NTD*	USD
	Total assets, net	-	-	8,244,403	275,827
	Total liabilities, net	-	-	105,326,659	3,523,808
	Net assets	-	-	-97,082,256	-3,247,981
	48.81% ownership	-	-	-47,385,849	-1,585,340
		For the three months ended
		September 30, 2014		September 30, 2013
		NTD*	USD	NTD*	USD
	Operating cost	-	-	3,410,705	114,334
	Selling, general and administrative expenses	19,706	653	1,014,577	34,006
	Interest income	-	-	-	-
	Interest expense	874,663	28,953	-	-
	Foreign exchange loss	-	-	73	34
	Loss on disposal of fixed assets	-	-	-	-
	Other income	-	-	-1,187,282	-39,802
	Net loss	894,369	29,606	3,238,073	108,572
	48.81% ownership	436,541	14,450	1,580,503	52,994
		For the nine months ended
		September 30, 2014		September 30, 2013
		NTD*	USD	NTD*	USD
	Operating cost	1,105,876	36,605	10,409,525	349,430
	Selling, general and administrative expenses	1,050,973	34,791	3,264,861	109,597
	Interest income	-75	-2	-741	-25
	Interest expense	2,595,465	85,914	-	-
	Foreign exchange gain	-4,025,712	-133,257	-1,380,205	-46,331
	Loss on disposal of fixed assets	89,626	2,967	25,740	864
	Other income	-	-	-3,509,989	-117,824
	Net loss	816,153	27,018	8,809,191	295,711
	48.81% ownership	398,364	13,187	4,299,766	144,337
	*NTD: New Taiwan Dollar

INVESTMENT_IN_CTX_VIRTUAL_TECH

INVESTMENT IN CTX VIRTUAL TECHNOLOGIES	9 Months Ended
	Dec. 31, 2014
Investments Schedule [Abstract]
Investment [Text Block]	Note 9- INVESTMENT IN CTX VIRTUAL TECHNOLOGIES
	The Company currently owns 5,626,914 shares of common stock of CTX Virtual Technologies, Inc. (“CTX”) (Pink Sheets: CTXV). The original investment of $5,000,000 for 10,593,220 shares of CTX common stock was recorded as a long-term investment carried on the cost method. Although the Company appeared at the time of the investment to hold a majority of the common stock outstanding, CTX also had outstanding classes of preferred stock that had super-majority voting rights. As a result, EFT does not control CTX. During the year ended March 31, 2011, the Company recorded a full impairment of the investment, bringing its carrying value to zero.
	During the nine months ended December 31, 2014, the Company sold approximately 5 million shares of CTX for approximately $2.5 million less commissions and other fees and reported a gain of approximately $2.4 million in the accompanying consolidated statement of operations.
	The Company intends to sell the remaining 5.6 million shares of CTX but there can be no assurance that it will be able to do so.

OTHER_LIABILITIES

OTHER LIABILITIES	9 Months Ended
	Dec. 31, 2014
Other Liabilities and Financial Instruments Subject To Mandatory Redemption [Abstract]
Other Liabilities Disclosure [Text Block]	Note 10 - OTHER LIABILITIES
	Other liabilities consist of the following:
		December		March
		31, 2014		31, 2014
	Payroll liabilities	$	56,766	$	53,003
	Warranty liabilities		2,439		2,593
	Accrued interest		-		2,867
	Accrued expenses		407,207		372,919
	Provision for tax		5,399,550		5,295,033
	Others		2,657		2,658
		$	5,868,619	$	5,729,073

CONTINGENT_LIABILITIES

CONTINGENT LIABILITIES	9 Months Ended
	Dec. 31, 2014
Commitments and Contingencies Disclosure [Abstract]
Contingencies Disclosure [Text Block]	Note 11 - CONTINGENT LIABILITIES
	In 2009, the Company’s subsidiary, Tianquan, engaged a general contractor to construct a water manufacturing plant for RMB 4,758,600 (US$766,300).  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 RMB 698,896 (US$112,500) on the rectification of all construction defects. On March 22, 2012, the contractor brought a case against EFT in the Baiquan People’s Court in Heilongjiang Province seeking approximately RMB 1,912,000 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 RMB 1,326,916 (US$213,700) of purported outstanding payments under the contract and interest thereon.  The Company filed an appeal with Qiqihar Intermediate People’s Court on January 27, 2014. On August 18, 2014, the Qiqihar Intermediate People’s Court issued a judgment rescinding the unfavorable decision issued by the Baiquan People’s Court and ordered the case to be reheard at the Baiquan People’s Court. The final resolution of this case is pending.

SHORTTERM_LOAN

SHORT-TERM LOAN	9 Months Ended
	Dec. 31, 2014
Debt Disclosure [Abstract]
Short-term Debt [Text Block]	Note 12 – SHORT-TERM LOAN
	In November 2013, 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 3.60% per annum. The loan was 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 monthly payments of $64,422 each. The loan has been repaid in full as of September 30, 2014.
	In November 2014, the Company received a new loan of $503,200 from IFI to finance the directors’ and officers’ insurance premium. The loan bears an interest rate of 3.60% per annum. The loan is to be repaid over a nine-month period beginning on December 15, 2014. The terms of the agreement allow for the Company to make nine equal monthly payments of $56,753 each.

WARRANTS

WARRANTS	9 Months Ended
	Dec. 31, 2014
Warrants Note Disclosure Abstract [Abstract]
Warrants Disclosure [Text Block]	Note 13 – WARRANTS
	Prior to September 30, 2014, the Company’s subsidiary Digital Development Partners Inc. had 330,665 Series A warrants and 330,665 Series B warrants outstanding, which were accounted for as equity instruments.  The Series A warrants and Series B warrants permitted 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. These warrants expired on September 30, 2014.

INCOME_TAXES

INCOME TAXES	9 Months Ended
	Dec. 31, 2014
Income Tax Disclosure [Abstract]
Income Tax Disclosure [Text Block]	Note 14 - 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, 2014.  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 were immaterial for the nine months ended December 31, 2014.
	The Company’s Taiwanese subsidiary, EFT Investment Co. Ltd., and its factory in mainland China are subject to a 17% and 25% standard enterprise income tax, respectively, based on their 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, 2014 and 2013.
	The income tax expenses consist of the following:
		Nine Months Ended
		December 31,
		2014		2013
	Current:
	Domestic	$	-	$	57
	Foreign		977		-8,790
	Under provision for prior years		5,072		7,741,386
	Income tax expenses	$	6,049	$	7,732,653
	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, 2014 and 2013, to income before income taxes for the nine months ended December 31, 2014 and 2013, is as follows:
		Nine Months Ended
		December 31,
		2014		2013
	Income tax provision at U.S. statutory rate	$	-1,594,505	$	-4,432,244
	State tax		-		57
	Deferred tax valuation allowance		1,591,128		4,421,371
	Nondeductible expenses		3,377		10,873
	Foreign subsidiary income tax		977		-8,790
	Under provision for prior years		5,072		7,741,386
	Income tax expenses	$	6,049	$	7,732,653
	The Company and its subsidiaries file income tax returns in the U.S. federal jurisdiction, and various states and foreign jurisdictions.
	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.
	In December 2013, the IRS concluded its audit of the Company’s returns for the years 2007 through 2010 and issued an examination report that proposed adjustments of $12.3 million of additional tax liabilities for the years 2008 through 2010. After receiving further information from the Company subsequent to the issuance of its original report, the IRS has revised its audit report of the Company’s returns for the years 2008 through 2010 and has reduced its proposed adjustments from $12.3 million to $3.6 million of additional tax liabilities for the years 2008 through 2010. The Company plans to continue to challenge most of the remaining proposed adjustments as set forth in the revised report and is in the process of appealing the proposed adjustments with the IRS. Based on the IRS report, the Company has recorded federal and California state tax liabilities of $3.6 million and $0.8 million, respectively, for the years 2008 through 2010.
	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.

COMMITMENTS

COMMITMENTS	9 Months Ended
	Dec. 31, 2014
Commitments and Contingencies Disclosure [Abstract]
Commitments Disclosure [Text Block]	Note 15 – COMMITMENTS
	Lease commitments
	The Company leases 3,367 square feet of space in California that serves as its principal executive offices. The lease expires in February 2018. The monthly rent for the period ended December 31, 2014 is $9,455. Future minimum lease payments under the lease are as follows:
	Year Ending March 31,
	2015	$	28,365
	2016	$	113,838
	2017	$	118,390
	2018	$	112,497
	The Company rents office space for its satellite training center in Hong Kong. For additional information please refer to Note 7. The lease expires on March 31, 2015, with a monthly rental of $23,226 until October 31, 2014. Since November 1, 2014, the monthly rental is reduced to $10,735 until the expiration of the lease. Future minimum lease payments under the operating lease are as follows:
	Year Ending March 31,
	2015	$	32,205
	The Company rents storage space for its satellite training center in Hong Kong. The lease provides for monthly lease payments approximating $955 starting on January 4, 2013 until January 3, 2015, and $1,019 starting on January 4, 2015 with expiration on January 3, 2017. Future minimum lease payments under the operating lease are as follows:
	Year Ending March 31,
	2015	$	3,057
	2016	$	12,228
	2017	$	9,171
	The Company rents office space for its operation in Taiwan. The lease expires on December 16, 2015, and the monthly rental is $1,260. Future minimum lease payments under the operating lease are as follows:
	Year Ending March 31,
	2015	$	3,780
	2016	$	11,340
	The Company also leases a 40,000 square meter property from Yongqin county of Baiquan, Heilongjiang Province, the PRC and constructed a bottled water factory there. The land is leased commencing on December 31, 2009 for a term of fifty years, with a yearly land use rights fee of $3,865.
	Year Ending March 31,
	2015	$	966
	2016	$	3,865
	2017	$	3,865
	2018	$	3,865
	2019	$	3,865
	Thereafter	$	153,634
	Total rent expense for the nine months ended December 31, 2014 and 2013, was $274,625 and $424,318, respectively.

SEGMENT_INFORMATION

SEGMENT INFORMATION	9 Months Ended
	Dec. 31, 2014
Segment Reporting [Abstract]
Segment Reporting Disclosure [Text Block]	Note 16 – SEGMENT INFORMATION
	The Company’s business is currently classified by management into two reportable business segments: online 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 websites. 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 beverage business reportable segment derives revenue and expense from the bottled water factory in Baiquan, Heilongjiang Province, the PRC.
	Until March 31, 2014, the Company had a third reportable business segment, the transportation segment. The transportation segment, which derived revenue from transporting passengers and cargo between Taiwan and Mainland China through the Taiwan Strait, was discontinued during the quarter ended June 30, 2014. It was classified as a discontinued operation until September 30, 2014 as a result of the fact that the Company’s shareholding right in this transportation company was rescinded by the Ministry of Economic Affairs of Taiwan on October 3, 2014.
	Unallocated items comprise mainly corporate expenses and corporate assets.
	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 ended December 31, 2014 and 2013. Income tax allocations have been determined based on statutory rates in the applicable business segment.
		Three months ended December 31, 2014
		Online		Beverage		Unallocated
		business		business		items		Total
	Total revenues, net	$	338,097	$	-	$	-	$	338,097
	Total cost of revenues		-111,023		-		-		-111,023
	Gross profit		227,074		-		-		227,074
	Operating expenses:
	Selling, general and administrative expenses		540,262		52,367		942,467		1,535,096
	Provision for inventory obsolescence		32,942		-		-		32,942
	Royalty expenses		125,000		-		-		125,000
	Total operating expenses		698,204		52,367		942,467		1,693,038
	Net operating loss		-471,130		-52,367		-942,467		-1,465,964
	Other income/(expense)		23,568		-16		-27,402		-3,850
	Allocated income tax expense		-977		-		-3,200		-4,177
	Loss after income tax		-448,539		-52,383		-973,069		-1,473,991
	Total long-lived assets		28,319		907,576		1,937		937,832
	Additions to long-lived assets		-		-		-		-
		Three months ended December 31, 2013
		Online		Beverage		Unallocated
		Business		business		items		Total
	Total revenues, net	$	433,849	$	-	$	-	$	433,849
	Total cost of revenues		-106,916		-1,605		-		-108,521
	Gross profit/(loss)		326,933		-1,605		-		325,328
	Operating expenses:
	Selling, general and administrative expenses		737,303		304,997		727,314		1,769,614
	Provision for inventory obsolescence		293,501		-		-		293,501
	Royalty expenses		35,482		-		-		35,482
	Total operating expenses		1,066,286		304,997		727,314		2,098,597
	Net operating loss		-739,353		-306,602		-727,314		-1,773,269
	Other income		89,185		-		55,418		144,603
	Allocated income tax expense		-7,741,386		-		-		-7,741,386
	Loss after income tax		-8,391,554		-306,602		-671,896		-9,370,052
	Total long-lived assets		85,191		1,100,010		4,142		1,189,343
	Additions to long-lived assets		387		-		12		399
	The following tables provide the business segment information as of and for the nine months ended December 31, 2014 and 2013. Income tax allocations have been determined based on statutory rates in the applicable business segment.
		Nine months ended December 31,2014
		Online		Beverage		Unallocated
		business		business		items		Total
	Total revenues, net	$	800,040	$	-	$	-	$	800,040
	Total cost of revenues		-283,700		-		-		-283,700
	Gross profit		516,340		-		-		516,340
	Operating expenses:
	Selling, general and administrative expenses		1,435,612		166,824		2,523,454		4,125,890
	Provision for inventory obsolescence		152,173		-		-		152,173
	Royalty expenses		375,000		-		-		375,000
	Total operating expenses		1,962,785		166,824		2,523,454		4,653,063
	Net operating loss		-1,446,445		-166,824		-2,523,454		-4,136,723
	Other income		110,289		4,770		2,315,265		2,430,324
	Allocated income tax expense		-977		-		-5,072		-6,049
	Loss after income tax		-1,337,133		-162,054		-213,261		-1,712,448
	Total long-lived assets		28,319		907,576		1,937		937,832
	Additions to long-lived assets		-		-		-		-
		Nine months ended December 31, 2013
		Online		Beverage		Unallocated
		business		business		items		Total
	Total revenues, net	$	1,579,721	$	7,834	$	-	$	1,587,555
	Total cost of revenues		-494,072		-8,017		-		-502,089
	Gross profit/(loss)		1,085,649		-183		-		1,085,466
Operating expenses:
Selling, general and administrative expenses		2,209,232		481,568		2,339,703		5,030,503
Provision for inventory obsolescence		398,708		-		-		398,708
Royalty expenses		115,886		-		-		115,886
Total operating expenses		2,723,826		481,568		2,339,703		5,545,097
Net operating loss		-1,638,177		-481,751		-2,339,703		-4,459,631
Other income		184,203		1		167,566		351,770
Allocated income tax expense		-7,732,596		-		-57		-7,732,653
Loss after income tax		-9,186,570		-481,750		-2,172,194		-11,840,514
Total long-lived assets		85,191		1,100,010		4,142		1,189,343
Additions to long-lived assets		1,904		-		5,119		7,023

LITIGATION

LITIGATION	9 Months Ended
	Dec. 31, 2014
Commitments and Contingencies Disclosure [Abstract]
Legal Matters and Contingencies [Text Block]	Note 17 – 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 $2,409,639, 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 August 18, 2010, Excalibur received a statement of claim, equivalent to a complaint in the United States, demanding approximately 2,000,000 Euros. On June 9, 2014, the arbitrators awarded in favor of Ezone, with counterclaims of Excalibur dismissed by the arbitrators. The Company has decided not to appeal the arbitration award. On October 3, 2014, Excalibur received a letter from the Ministry of Economic Affairs, ROC (MOEA) stating that the Company’s capital stock of Excalibur has been voided because of Hsaio Zhong-Xing’s and Lu Zhuo-Jun’s fraudulent activities related to Excalibur.
	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 Prosecutor’s 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 Taiwan High court for reconsideration of the judgment entered by the District Court. On February 19, 2014, the Taiwan High Court sustained the District Court’s decision and found Hsaio Zhong-Xing guilty and sentenced him to a mandatory ten-month jail sentence; and found Lu Zhuo-Jun guilty and sentenced him to a mandatory eight-month jail sentence. This decision is final and confirmed. Based on the Taiwan Shihlin District Court’s judgment of fraudulent increase of paid-up capital, Excalibur filed civil lawsuit against Hsiao Zhong-Xing, Lu Zhuo-Jun and Jiao Ren-He on January 7, 2014 for the unpaid capital amount of NTD 475,312,500. On January 13, 2015, being the largest creditor of Excalibur, EFT Investment Co. Ltd. filed a submission to the court to apply to join the case and is awaiting the decision of the court.
	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 NTD 8,050,832, equivalent to approximately $254,700. On August 20, 2009, the Taiwan Taipei district court froze Excalibur’s cash of $203,402 in response to the suit. The final resolution of this case is pending. However, a contingent liability for the restricted cash has been recorded. As EFT Investment Co. Ltd. is Excalibur’s largest creditor, in order to recover the frozen cash, EFT Investment Co. Ltd. filed a submission to the court to apply to join the case on January 13, 2015 and is awaiting the decision of the court.
	On August 2, 2010, the Company commenced a legal proceeding against Marinteknik Shipbuilders (S) Pte Ltd. and six 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 High Court dismissed the appeal by the Company, but criticized the defendants, stating that their actions were “wholly lacking in probity” and “likely also to have been unlawful”. After seeking further legal advice and balancing all factors, however, it was decided that commencing further legal proceedings on this matter is not beneficial to the commercial interests of the Company.
	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 RMB 4,758,600 (US$776,300). 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 RMB 698,896 (US$112,5000) 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 RMB 1,912,000 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 RMB 1,326,916 of purported outstanding payments under the contract and interest thereon. The Company filed an appeal with the Qiqihar Intermediate People’s Court on January 27, 2014. On August 18, 2014, the Qiqihar Intermediate People’s Court issued a judgment rescinding the unfavorable decision issued by the Baiquan People’s Court and ordered the case to be reheard at the Baiquan People’s Court. On September 25, 2014, the Company received a favorable decision from Baiquan People’s Court as the court indicated that the company stamps affixed on all of the Contractor’s legal documents were fake. On November 5, 2014, the sub-contractor brought another civil case against Tianquan in the Baiquan People’s Court in Heilongjiang Province seeking RMB 1,823,787.91 of purported outstanding payments under the same contract and interest thereon. On December 8, 2014, Tianquan filed a civil lawsuit against the sub-contractor for compensation for material construction defects. The final resolution of these two cases is now pending.
	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 January 28, 2013, EFT Investment Co. Ltd., a wholly owned subsidiary of the Company in Taiwan (“EFTI”), filed a criminal complaint against Tom Peng a.k.a Cheng Hao Peng (President of Meifu Development Co., Ltd., “Meifu”), Thomas Chen a.k.a. Hong Dong Chen (former General Manager and Director of EFTI), Stiven Peng a.k.a. Tien Te Peng (Vice Chairman of Transglobe Life Insurance Inc., “Transglobe”), Xian Jue Liu (Chairman of Transglobe ), Shih Kuei Chang (General 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 Prosecutor’s Office. EFTI alleges, among other things, that Thomas Chen colluded with Tom Peng and other Defendants, and that Thomas Chen had made numerous misrepresentations to the Company and EFTI on transactions related to a building in Taiwan, of which Meifu and Transglobe were developers. The Company also alleges that Thomas Chen breached his fiduciary duty, as the General Manager of EFTI, by binding EFTI in various agreements and making payments from EFTI to Meifu and Transglobe, which are named Defendants, and that the Defendants had committed violations of securities law, insurance law, corporation law and tax law, as well as money laundering, fraud and breach of trust.
	On June 6, 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 Taiwan Building. On January 27, 2014, the Company voluntarily dismissed the civil complaints without prejudice in Los Angeles, California, in return for a good faith settlement negotiation initiated by such defendants. However, due to a lack of good faith of the defendants to negotiate for a settlement, on May 30, 2014, the Company re-filed civil complaints against Meifu Development Co. Ltd., Transglobe Life Insurance, Inc., Tom Peng and Thomas Chen in the Los Angeles Supreme Court, alleging deceit, conversion, breach of fiduciary duty and other illegal acts against the Company.
	On July 23, 2013, the Taipei District Prosecutor’s Office issued a non-indictment decision on charges of fraud against the Defendants, which the Company believes is unwarranted. The decision not to indict the Defendants was made despite the fact that the Taiwan Investigation Bureau, Ministry of Justice, had confirmed that Thomas Chen, the former GM of EFTI, has received and/or has intended to receive secret profits from Tom Peng, who admitted his full control over Meifu and Transglobe. A report by the Taiwan Investigation Bureau, Ministry of Justice, further revealed, among other fraudulent activities, that Tom Peng and his son, Stiven Peng a.k.a. Tien Te Peng were involved in illegal inter-company transactions and illegal related party transactions. Documents received by the Company through Court petition indicated that, on June 14, 2013, the Prosecutor in Taiwan, despite what the Company believes to have been ample evidence of illegality, instructed the Taiwan Investigation Bureau to halt all further investigations on EFTI’s criminal complaint prior to his written decision not to indict the Defendants. Subsequently, on August 22, 2013, EFTI completed the filing of the appeal with the Taiwan High Prosecutor’s Office for reconsideration of the non-indictment charges against the Defendants. This appeal was rejected on August 29, 2013, which the Company believes was not enough time for the Prosecutor’s Office to fully reconsider the appeal. On September 12, 2013, EFTI filed a final petition to the Taipei District Court for judgment of the decision made by the Taiwan High Prosecutor’s Office, but the petition was rejected on March 5, 2014. The Company is considering various legal options against the Defendants in Taiwan.
	On November 27, 2013, a class action 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. A first amended complaint was filed on July 11, 2014. On October 10, 2014, the Court dismissed all class claims with prejudice. On November 19, 2014, the Court denied Plaintiffs’ Motion for Relief from the October 10, 2014 Order. On January 7, 2015, the Court entered an order dismissing Plaintiffs’ claims for breach of warranty with prejudice and all claims against Jack Qin without prejudice, and clarified that Plaintiff cannot seek disgorgement or state claims based on any stock-related fraud. On January 30, 2015, a second amended complaint was filed alleging individual claims for unfair competition, false advertising and fraud. The second amended complaint seeks, among other things, restitution, compensatory and punitive 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 entitled Li, et al. v. Qin, et al. was filed on behalf of a putative class of all purchasers of the Company’s products against the Company and certain of its current and former officers and directors in the United States District Court for the Central District of California. A first amended complaint was filed on July 11, 2014. On October 10, 2014, the Court dismissed all class claims with prejudice. On November 19, 2014, the Court denied Plaintiffs’ Motion for Relief from the October 10, 2014 Order. On January 6, 2015, the Court entered an order dismissing Plaintiffs’ corporate waste and gift claims, and Plaintiffs’ Racketeer Influenced and Corrupt Organizations (RICO) Act claims based on alleged corporate looting and operation of a pump-and-dump scheme. The Court further dismissed Plaintiffs’ deception and common law fraud claims with respect to all defendants except the Company and Jack Qin. On January 30, 2015, a second amended complaint was filed alleging individual claims for operation of an endless chain scheme, deception and common law fraud, and RICO violations. The complaint seeks, among other things, compensatory, treble and punitive damages. 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 joined George Curry (a former director and officer of the Company) 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.
	On April 18, 2014, George Curry filed a countersuit against EFT Holdings, Inc., Jack Qin and Pyng Soon in the United States Federal District Court, Central District of California, Los Angeles (Western District). In the complaint, Mr. Curry seeks implied and equitable indemnity, declaratory relief and apportionment of fault.
	On May 30, 2014, the Company filed a civil lawsuit in the Superior Court of the State of California for the County of Los Angeles - East District against Meifu and others. alleging deceit, conversion, breach of fiduciary duty and money had and received against the defendants. Also named as defendants in this action are TransGlobe, Peng Cheng-Hao (President of Meifu) and Thomas Chen, a former director of EFTI.

SUBSEQUENT_EVENTS

SUBSEQUENT EVENTS	9 Months Ended
	Dec. 31, 2014
Subsequent Events [Abstract]
Subsequent Events [Text Block]	Note 18 - SUBSEQUENT EVENTS
	On January 30, 2015, a class action entitled Wang, et al. v. EFT Holdings, Inc., et al. was filed on behalf of a putative class of all purchasers of the Company’s products against the Company and certain of its current and former officers and directors in the United States District Court for the Central District of California. The complaint alleges claims for operation of an endless chain scheme, deception and common law fraud, securities fraud under California law, unfair competition, false advertising, aiding and abetting, and RICO violations. The complaint seeks, among other things, compensatory, treble and punitive damages, restitution 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.

SUMMARY_OF_SIGNIFICANT_ACCOUNT1

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	9 Months Ended
	Dec. 31, 2014
Accounting Policies [Abstract]
Basis of Accounting, Policy [Policy Text Block]	Basis of presentation
	The unaudited financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America for interim financial information and the rules and regulations of the Securities and Exchange Commission. In the opinion of management, the unaudited financial statements have been prepared on the same basis as the annual financial statements and reflect all adjustments, which include only normal recurring adjustments, necessary to present fairly the financial position as of December 31, 2014 and the results of operations and cash flows for the periods ended December 31, 2014 and 2013. The financial data and other information disclosed in these notes to the interim financial statements related to these periods are unaudited. The results for the nine and three months ended December 31, 2014 are not necessarily indicative of the results to be expected for any subsequent periods or for the year ending March 31, 2015. The balance sheet at March 31, 2014 has been derived from the audited financial statements at that date.
	Certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States have been condensed or omitted pursuant to the Securities and Exchange Commission’s rules and regulations. These unaudited financial statements should be read in conjunction with the Company’s audited financial statements and notes thereto for the year ended March 31, 2014 as included in the Company’s Annual Report on Form 10-K for the year ended March 31, 2014.
Consolidation, Policy [Policy Text Block]	Principles of Consolidation
	The financial statements include the accounts of EFT Holdings, Inc. and its subsidiaries. All material intercompany transactions and balances have been eliminated.
Reclassification, Policy [Policy Text Block]	Reclassification
	Certain amounts for prior periods have been reclassified to conform to the current period presentation.
Use of Estimates, Policy [Policy Text Block]	Uses of estimates in the preparation of financial statements
	The Company’s consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America and this requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and reported amounts of revenue and expenses during the reporting period. The significant areas requiring the use of management estimates include, but not limited to, the allowance for doubtful accounts receivable, estimated useful life and residual value of property, plant and equipment, provision for staff benefit, inventory markdown allowance, recognition and measurement of deferred income taxes and valuation allowance for deferred tax assets. Although these estimates are based on management’s knowledge of current events and actions management may undertake in the future, actual results may ultimately differ from those estimates.
	The significant accounting policies used in preparation of these consolidated financial statements for the nine months ended December 31, 2014 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, 2014. The Company consolidates Excalibur International Marine Corporation (“Excalibur”) based on a three-month lag with the Company’s reporting periods as discussed in Note 8.
New Accounting Pronouncements, Policy [Policy Text Block]	Recent accounting pronouncements
	In January 2015, the FASB issued ASU 2015-01, Income Statement—Extraordinary and Unusual Items (Subtopic 225-20). This ASU simplifies the income statement presentation requirements in Subtopic 225-20 by eliminating the concept of extraordinary items. The amendments in this ASU apply to all entities. They are effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2015. Early adoption is permitted. The Company does not believe the adoption of this ASU will have a material effect on its consolidated financial statements.
	In August 2014, the FASB issued ASU 2014-15, Presentation of Financial Statements-Going Concern (Subtopic 205-40). This ASU provides guidance about management’s responsibility to evaluate whether there is substantial doubt about an entity’s ability to continue as a going concern and to provide related footnote disclosures. The revised accounting guidance applies to all entities. It is effective for the first annual period ending after December 15, 2016, and for annual periods and interim periods thereafter. Early application is permitted. The Company does not believe the adoption of this ASU will have a material effect on its consolidated financial statements.
	In April 2014, the FASB issued amendments to ASC Topic 205 “Presentation of Financial Statements” and ASC Topic 360 “Property, Plant and Equipment”. The amendments change the current requirements for reporting discontinued operations in Subtopic 205-20. It requires an entity to present, for each comparative period, the assets and liabilities of a disposal group that includes a discontinued operation separately in the asset and liability section, respectively, of the statement of financial position. This topic is effective for public entities for reporting periods beginning after December 15, 2014. An entity should not apply the amendments to a component classified as held for sale before the effective date even if the component of an entity is disposed of after the effective date. Early adoption is permitted, but only for disposals (or classifications as held for sale) that have not been reported in financial statements previously issued. The Company does not believe the adoption of the amendments to ASC 205 and ASC 360 will have a material effect on its consolidated financial statements.
	There are no other new accounting pronouncements adopted or enacted during the nine months ended December 31, 2014 that had, or are expected to have, a material impact on the Company’s financial statements.
	Except for rules and interpretive releases of the SEC and a limited number of grandfathered standards, the FASB Accounting Standards Codification ("ASC") is the sole source of authoritative GAAP literature recognized by the FASB and applicable to the Company.

FAIR_VALUE_MEASUREMENTS_Tables

FAIR VALUE MEASUREMENTS (Tables)	9 Months Ended
	Dec. 31, 2014
Fair Value Disclosures [Abstract]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Table Text Block]	Assets measured at fair value are summarized below:
		December 31, 2014
		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 - Debt securities	$	2,651,773	$	-	$	-	$	2,651,773
	Total assets measured at fair value	$	2,651,773	$	-	$	-	$	2,651,773
		March 31, 2014
		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 - Debt securities	$	4,662,020	$	-	$	-	$	4,662,020
	Total assets measured at fair value	$	4,662,020	$	-	$	-	$	4,662,020

SECURITIES_AVAILABLE_FOR_SALE_

SECURITIES AVAILABLE FOR SALE (Tables)	9 Months Ended
	Dec. 31, 2014
Investments, Debt and Equity Securities [Abstract]
Available-for-sale Securities [Table Text Block]	Securities available for sale consist of the following:
			December 31, 2014
			Amortized		Unrealized		Unrealized		Market		Average
			Cost		Gains		Losses		Value		Duration (1)
	Corporate bonds		$	2,102,394	$	9,562	$	-13,994	$	2,097,962	4.79
	Corporate notes			565,724		-		-11,913		553,811	3.32
	Total debt securities		$	2,668,118	$	9,562	$	-25,907	$	2,651,773
			March 31, 2014
			Amortized		Unrealized		Unrealized		Market		Average
			Cost		Gains		Losses		Value		Duration (1)
	Corporate bonds		$	1,786,057	$	23,069	$	-26,346	$	1,782,780	2.56
	Corporate notes			998,750		-		-23,750		975,000	3.56
	Variable rate notes			1,943,785		21,080		-60,625		1,904,240	Perpetual
	Total debt securities		$	4,728,592	$	44,149	$	-110,721	$	4,662,020
		-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, 2014:
			Less than 1 year				1 Year or More				Total
			Market		Unrealized		Market		Unrealized		Market		Unrealized
			Value		Losses		Value		Losses		Value		Loss
	Corporate bonds		$	-	$	-	$	1,301,342	$	-13,994	$	1,301,342	$	-13,994
	Corporate notes			-		-		553,811		-11,913		553,811		-11,913
	Total debt securities		$	-	$	-	$	1,855,153	$	-25,907	$	1,855,153	$	-25,907

INVENTORIES_Tables

INVENTORIES (Tables)	9 Months Ended
	Dec. 31, 2014
Inventory Disclosure [Abstract]
Schedule of Inventory, Current [Table Text Block]	The components of inventories were as follows:
		December 31,		March 31,
		2014		2014
	Raw materials and supplies	$	42,234	$	43,407
	Finished goods		1,283,549		1,495,349
			1,325,783		1,538,756
	Less: Provision for inventory obsolescence		-1,034,705		-919,837
		$	291,078	$	618,919

DECONSOLIDATION_OF_SUBSIDIARY_1

DECONSOLIDATION OF SUBSIDIARY - EXCALIBUR (Tables)	9 Months Ended
	Dec. 31, 2014
Discontinued Operations and Disposal Groups [Abstract]
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]	The following table provides a summary of balance sheet and statement of operations information for Excalibur, which is consolidated in the Company’s financial statements:
		Excalibur International Marine Corporation
		September 30, 2014		December 31, 2013
		NTD*	USD	NTD*	USD
	Total assets, net	-	-	8,244,403	275,827
	Total liabilities, net	-	-	105,326,659	3,523,808
	Net assets	-	-	-97,082,256	-3,247,981
	48.81% ownership	-	-	-47,385,849	-1,585,340
Schedule of Realized Gain (Loss) [Table Text Block]		For the three months ended
		September 30, 2014		September 30, 2013
		NTD*	USD	NTD*	USD
	Operating cost	-	-	3,410,705	114,334
	Selling, general and administrative expenses	19,706	653	1,014,577	34,006
	Interest income	-	-	-	-
	Interest expense	874,663	28,953	-	-
	Foreign exchange loss	-	-	73	34
	Loss on disposal of fixed assets	-	-	-	-
	Other income	-	-	-1,187,282	-39,802
	Net loss	894,369	29,606	3,238,073	108,572
	48.81% ownership	436,541	14,450	1,580,503	52,994
		For the nine months ended
		September 30, 2014		September 30, 2013
		NTD*	USD	NTD*	USD
	Operating cost	1,105,876	36,605	10,409,525	349,430
	Selling, general and administrative expenses	1,050,973	34,791	3,264,861	109,597
	Interest income	-75	-2	-741	-25
	Interest expense	2,595,465	85,914	-	-
	Foreign exchange gain	-4,025,712	-133,257	-1,380,205	-46,331
	Loss on disposal of fixed assets	89,626	2,967	25,740	864
	Other income	-	-	-3,509,989	-117,824
	Net loss	816,153	27,018	8,809,191	295,711
	48.81% ownership	398,364	13,187	4,299,766	144,337
	*NTD: New Taiwan Dollar

OTHER_LIABILITIES_Tables

OTHER LIABILITIES (Tables)	9 Months Ended
	Dec. 31, 2014
Other Liabilities and Financial Instruments Subject To Mandatory Redemption [Abstract]
Other Liabilities [Table Text Block]	Other liabilities consist of the following:
		December		March
		31, 2014		31, 2014
	Payroll liabilities	$	56,766	$	53,003
	Warranty liabilities		2,439		2,593
	Accrued interest		-		2,867
	Accrued expenses		407,207		372,919
	Provision for tax		5,399,550		5,295,033
	Others		2,657		2,658
		$	5,868,619	$	5,729,073

INCOME_TAXES_Tables

INCOME TAXES (Tables)	9 Months Ended
	Dec. 31, 2014
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,
		2014		2013
	Current:
	Domestic	$	-	$	57
	Foreign		977		-8,790
	Under provision for prior years		5,072		7,741,386
	Income tax expenses	$	6,049	$	7,732,653
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, 2014 and 2013, to income before income taxes for the nine months ended December 31, 2014 and 2013, is as follows:
		Nine Months Ended
		December 31,
		2014		2013
	Income tax provision at U.S. statutory rate	$	-1,594,505	$	-4,432,244
	State tax		-		57
	Deferred tax valuation allowance		1,591,128		4,421,371
	Nondeductible expenses		3,377		10,873
	Foreign subsidiary income tax		977		-8,790
	Under provision for prior years		5,072		7,741,386
	Income tax expenses	$	6,049	$	7,732,653

COMMITMENTS_Tables

COMMITMENTS (Tables)	9 Months Ended
	Dec. 31, 2014
Commitments and Contingencies Disclosure [Abstract]
Schedule Of Future Minimum Lease Payments For Land [Table Text Block]	Year Ending March 31,
	2015	$	966
	2016	$	3,865
	2017	$	3,865
	2018	$	3,865
	2019	$	3,865
	Thereafter	$	153,634
Office Space In Hong Kong [Member]
Commitments and Contingencies Disclosure [Abstract]
Schedule of Future Minimum Lease Payments for Capital Leases [Table Text Block]	Future minimum lease payments under the operating lease are as follows:
	Year Ending March 31,
	2015	$	32,205
Office Space In Taiwan [Member]
Commitments and Contingencies Disclosure [Abstract]
Schedule of Future Minimum Lease Payments for Capital Leases [Table Text Block]	Future minimum lease payments under the operating lease are as follows:
	Year Ending March 31,
	2015	$	3,780
	2016	$	11,340
Office Space In California [Member]
Commitments and Contingencies Disclosure [Abstract]
Schedule of Future Minimum Lease Payments for Capital Leases [Table Text Block]	Future minimum lease payments under the lease are as follows:
	Year Ending March 31,
	2015	$	28,365
	2016	$	113,838
	2017	$	118,390
	2018	$	112,497
Storage Space In Hong Kong [Member]
Commitments and Contingencies Disclosure [Abstract]
Schedule of Future Minimum Lease Payments for Capital Leases [Table Text Block]	Future minimum lease payments under the operating lease are as follows:
	Year Ending March 31,
	2015	$	3,057
	2016	$	12,228
	2017	$	9,171

SEGMENT_INFORMATION_Tables

SEGMENT INFORMATION (Tables)	9 Months Ended
	Dec. 31, 2014
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 ended December 31, 2014 and 2013. Income tax allocations have been determined based on statutory rates in the applicable business segment.
		Three months ended December 31, 2014
		Online		Beverage		Unallocated
		business		business		items		Total
	Total revenues, net	$	338,097	$	-	$	-	$	338,097
	Total cost of revenues		-111,023		-		-		-111,023
	Gross profit		227,074		-		-		227,074
	Operating expenses:
	Selling, general and administrative expenses		540,262		52,367		942,467		1,535,096
	Provision for inventory obsolescence		32,942		-		-		32,942
	Royalty expenses		125,000		-		-		125,000
	Total operating expenses		698,204		52,367		942,467		1,693,038
	Net operating loss		-471,130		-52,367		-942,467		-1,465,964
	Other income/(expense)		23,568		-16		-27,402		-3,850
	Allocated income tax expense		-977		-		-3,200		-4,177
	Loss after income tax		-448,539		-52,383		-973,069		-1,473,991
	Total long-lived assets		28,319		907,576		1,937		937,832
	Additions to long-lived assets		-		-		-		-
		Three months ended December 31, 2013
		Online		Beverage		Unallocated
		Business		business		items		Total
	Total revenues, net	$	433,849	$	-	$	-	$	433,849
	Total cost of revenues		-106,916		-1,605		-		-108,521
	Gross profit/(loss)		326,933		-1,605		-		325,328
	Operating expenses:
	Selling, general and administrative expenses		737,303		304,997		727,314		1,769,614
	Provision for inventory obsolescence		293,501		-		-		293,501
	Royalty expenses		35,482		-		-		35,482
	Total operating expenses		1,066,286		304,997		727,314		2,098,597
	Net operating loss		-739,353		-306,602		-727,314		-1,773,269
	Other income		89,185		-		55,418		144,603
	Allocated income tax expense		-7,741,386		-		-		-7,741,386
	Loss after income tax		-8,391,554		-306,602		-671,896		-9,370,052
	Total long-lived assets		85,191		1,100,010		4,142		1,189,343
	Additions to long-lived assets		387		-		12		399
	The following tables provide the business segment information as of and for the nine months ended December 31, 2014 and 2013. Income tax allocations have been determined based on statutory rates in the applicable business segment.
		Nine months ended December 31,2014
		Online		Beverage		Unallocated
		business		business		items		Total
	Total revenues, net	$	800,040	$	-	$	-	$	800,040
	Total cost of revenues		-283,700		-		-		-283,700
	Gross profit		516,340		-		-		516,340
	Operating expenses:
	Selling, general and administrative expenses		1,435,612		166,824		2,523,454		4,125,890
	Provision for inventory obsolescence		152,173		-		-		152,173
	Royalty expenses		375,000		-		-		375,000
	Total operating expenses		1,962,785		166,824		2,523,454		4,653,063
	Net operating loss		-1,446,445		-166,824		-2,523,454		-4,136,723
	Other income		110,289		4,770		2,315,265		2,430,324
	Allocated income tax expense		-977		-		-5,072		-6,049
	Loss after income tax		-1,337,133		-162,054		-213,261		-1,712,448
	Total long-lived assets		28,319		907,576		1,937		937,832
	Additions to long-lived assets		-		-		-		-
		Nine months ended December 31, 2013
		Online		Beverage		Unallocated
		business		business		items		Total
	Total revenues, net	$	1,579,721	$	7,834	$	-	$	1,587,555
	Total cost of revenues		-494,072		-8,017		-		-502,089
	Gross profit/(loss)		1,085,649		-183		-		1,085,466
	Operating expenses:
	Selling, general and administrative expenses		2,209,232		481,568		2,339,703		5,030,503
	Provision for inventory obsolescence		398,708		-		-		398,708
	Royalty expenses		115,886		-		-		115,886
	Total operating expenses		2,723,826		481,568		2,339,703		5,545,097
Net operating loss		-1,638,177		-481,751		-2,339,703		-4,459,631
Other income		184,203		1		167,566		351,770
Allocated income tax expense		-7,732,596		-		-57		-7,732,653
Loss after income tax		-9,186,570		-481,750		-2,172,194		-11,840,514
Total long-lived assets		85,191		1,100,010		4,142		1,189,343
Additions to long-lived assets		1,904		-		5,119		7,023

ORGANIZATION_Details_Textual

ORGANIZATION (Details Textual)	9 Months Ended
	Dec. 31, 2014
Organization [Line Items]
Entity Incorporation, State Country Name	Nevada
Entity Incorporation, Date Of Incorporation	19-Mar-92

GOING_CONCERN_Details_Textual

GOING CONCERN (Details Textual)	1 Months Ended	9 Months Ended	12 Months Ended
	Aug. 18, 2010	Dec. 31, 2014	Dec. 31, 2010	Mar. 31, 2014
	EUR (€)	USD ($)	USD ($)	USD ($)
GOING CONCERN [Line Items]
Working Capital Deficit		$7,816,685
Accumulated Deficit		59,305,564		54,963,024
Going concern seeking to recover through the U.S federal courts	€ 2,000,000	$21,000,000	$19,000,000

FAIR_VALUE_MEASUREMENTS_Detail

FAIR VALUE MEASUREMENTS (Details) (USD $)	Dec. 31, 2014	Mar. 31, 2014
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale - Debt securities	$2,651,773	$4,662,020
Total assets measured at fair value	2,651,773	4,662,020
Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale - Debt securities	2,651,773	4,662,020
Total assets measured at fair value	2,651,773	4,662,020
Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale - Debt securities	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 - Debt securities	0	0
Total assets measured at fair value	$0	$0

SECURITIES_AVAILABLE_FOR_SALE_1

SECURITIES AVAILABLE FOR SALE (Details) (USD $)	9 Months Ended		12 Months Ended
	Dec. 31, 2014		Mar. 31, 2014
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale Securities, Amortized Cost	$2,668,118		$4,728,592
Available-for-sale Securities, Unrealized Gains	9,562		44,149
Available-for-sale Securities, Unrealized Losses	-25,907		-110,721
Available-for-sale Securities, Market Value	2,651,773		4,662,020
Corporate Bond Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale Securities, Amortized Cost	2,102,394		1,786,057
Available-for-sale Securities, Unrealized Gains	9,562		23,069
Available-for-sale Securities, Unrealized Losses	-13,994		-26,346
Available-for-sale Securities, Market Value	2,097,962		1,782,780
Available For Sale Securities, Average Duration	4 years 9 months 14 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	565,724		998,750
Available-for-sale Securities, Unrealized Gains	0		0
Available-for-sale Securities, Unrealized Losses	-11,913		-23,750
Available-for-sale Securities, Market Value	553,811		975,000
Available For Sale Securities, Average Duration	3 years 3 months 25 days	[1]	3 years 6 months 22 days	[1]
Variable Rate Notes [Member]
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale Securities, Amortized Cost			1,943,785
Available-for-sale Securities, Unrealized Gains			21,080
Available-for-sale Securities, Unrealized Losses			-60,625
Available-for-sale Securities, Market Value			$1,904,240
Available for sale Securities Perpetual Maturity Period			Perpetual	[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, 2014
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	1,855,153
Available-for-sale Securities, 1 year or More, Unrealized Losses	-25,907
Available-for-sale Securities, Market Value	1,855,153
Available-for-sale Securities, Unrealized Losses	-25,907
Corporate Bond 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	1,301,342
Available-for-sale Securities, 1 year or More, Unrealized Losses	-13,994
Available-for-sale Securities, Market Value	1,301,342
Available-for-sale Securities, Unrealized Losses	-13,994
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	553,811
Available-for-sale Securities, 1 year or More, Unrealized Losses	-11,913
Available-for-sale Securities, Market Value	553,811
Available-for-sale Securities, Unrealized Losses	($11,913)

SECURITIES_AVAILABLE_FOR_SALE_3

SECURITIES AVAILABLE FOR SALE (Details Textual) (USD $)	3 Months Ended		9 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2014	Dec. 31, 2013
Schedule of Available-for-sale Securities [Line Items]
Available-For-Sale Securities, Gross Realized Gain (Loss)	($6,155)	($4,209)	($62,832)	$46,408
Proceeds from Sale and Maturity of Marketable Securities			$5,249,548

INVENTORIES_Details

INVENTORIES (Details) (USD $)	Dec. 31, 2014	Mar. 31, 2014
Inventory [Line Items]
Raw materials and supplies	$42,234	$43,407
Finished goods	1,283,549	1,495,349
Inventory, Gross	1,325,783	1,538,756
Less: Provision for inventory obsolescence	-1,034,705	-919,837
Inventory, Net, Total	$291,078	$618,919

LOANS_TO_RELATED_PARTIES_AND_R1

LOANS TO RELATED PARTIES AND RELATED PARTY TRANSACTIONS (Details Textual) (USD $)	9 Months Ended		1 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Nov. 01, 2014	1-May-14
Related Party Transaction [Line Items]
Related Party Transaction, Amounts of Transaction	$500,000
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
Lease Expiration Date	31-Mar-15
Operating Leases, Rent Expense	274,625	424,318
Director and President [Member]
Related Party Transaction [Line Items]
Operating Leases, Rent Expense	191,794	278,351
EFT Assets Limited [Member]
Related Party Transaction [Line Items]
Accrued Royalties	375,000	115,886
Langham Office Owners [Member]
Related Party Transaction [Line Items]
Related Party Transaction, Description of Transaction	The Company rents a 6,500 square foot office space at market rate 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 Companys president
Future Monthly Rental Expenses	30,900
JFL Capital Limited [Member]
Related Party Transaction [Line Items]
Related Party Transaction, Description of Transaction	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
Consultancy Fee	$281,250	$270,000
Third Party [Member]
Related Party Transaction [Line Items]
Related Party Transaction, Description of Transaction			the Company further sublet approximately 2,200 square feet of office space to another third party at a market rate to further reduce the Company’s costs	the Company sublet a portion of the rental office space, approximately 1,230 square feet, to a third party at a market rate in an effort to reduce the Company’s costs

DECONSOLIDATION_OF_SUBSIDIARY_2

DECONSOLIDATION OF SUBSIDIARY - EXCALIBUR (Details) (Excalibur International Marine Corporation [Member])	Sep. 30, 2014	Sep. 30, 2014		Dec. 31, 2013	Dec. 31, 2013
	USD ($)	TWD		USD ($)	TWD
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Total assets, net	$0	0	[1]	$275,827	8,244,403	[1]
Total liabilities, net	0	0	[1]	3,523,808	105,326,659	[1]
Net assets	0	0	[1]	-3,247,981	-97,082,256	[1]
48.81% ownership	$0	0	[1]	($1,585,340)	-47,385,849	[1]
[1]	NTD: New Taiwan Dollar

DECONSOLIDATION_OF_SUBSIDIARY_3

DECONSOLIDATION OF SUBSIDIARY - EXCALIBUR (Details 1)	3 Months Ended								9 Months Ended
	Dec. 31, 2014	Sep. 30, 2014	Sep. 30, 2014		Dec. 31, 2013	Sep. 30, 2013	Sep. 30, 2013		Dec. 31, 2014	Sep. 30, 2014	Sep. 30, 2014		Dec. 31, 2013	Sep. 30, 2013	Sep. 30, 2013
	USD ($)	USD ($)	TWD		USD ($)	USD ($)	TWD		USD ($)	USD ($)	TWD		USD ($)	USD ($)	TWD
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Operating cost		$0	0	[1]		$114,334	3,410,705	[1]		$36,605	1,105,876	[1]		$349,430	10,409,525	[1]
Selling, general and administrative expenses		653	19,706	[1]		34,006	1,014,577	[1]		34,791	1,050,973	[1]		109,597	3,264,861	[1]
Interest income		0	0	[1]		0	0	[1]		-2	-75	[1]		-25	-741	[1]
Interest expense		28,953	874,663	[1]		0	0	[1]		85,914	2,595,465	[1]		0	0	[1]
Foreign exchange loss		0	0	[1]		34	73	[1]		-133,257	-4,025,712	[1]		-46,331	-1,380,205	[1]
Loss on disposal of fixed assets		0	0	[1]		0	0	[1]		2,967	89,626	[1]		864	25,740	[1]
Other income		0	0	[1]		-39,802	-1,187,282	[1]		0	0	[1]		-117,824	-3,509,989	[1]
Net loss	-4,126,503	29,606	894,369	[1]	-9,478,624	108,572	3,238,073	[1]	-4,362,372	27,018	816,153	[1]	-12,136,225	295,711	8,809,191	[1]
48.81% ownership		$14,450	436,541	[1]		$52,994	1,580,503	[1]		$13,187	398,364	[1]		$144,337	4,299,766	[1]
[1]	NTD: New Taiwan Dollar

DECONSOLIDATION_OF_SUBSIDIARY_4

DECONSOLIDATION OF SUBSIDIARY - EXCALIBUR (Details Textual) (Excalibur International Marine Corporation [Member], USD $)	9 Months Ended
	Dec. 31, 2014	Oct. 25, 2008
Excalibur International Marine Corporation [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Equity Method Investment, Ownership Percentage		48.81%
Payments to Acquire Equity Method Investments	$19,193,000
Discontinued Operation, Gain (Loss) from Disposal of Discontinued Operation, before Income Tax	7,042,255
Allowance for Loan and Lease Losses, Write-offs	9,665,161
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest	$2,622,906

INVESTMENT_IN_CTX_VIRTUAL_TECH1

INVESTMENT IN CTX VIRTUAL TECHNOLOGIES (Details Textual) (USD $)	9 Months Ended
	Dec. 31, 2014	Mar. 31, 2014
Investment [Line Items]
Common Stock, Shares, Outstanding	75,983,201	75,983,201
Common Stock, Shares Issued	75,983,201	75,983,201
Stock Issued During Period, Shares, New Issues	5,600,000
CTX Virtual Technologies Inc [Member]
Investment [Line Items]
Common Stock, Shares Issued	5,626,914
Stock Issued During Period, Shares, New Issues	5,000,000
Stock Issued During Period, Value, New Issues	2,500,000
Fees and Commissions, Other	2,400,000
CTX Virtual Technologies Inc [Member] | Cost-method Investments [Member]
Investment [Line Items]
Common Stock, Shares, Outstanding	10,593,220
Investments	5,000,000

OTHER_LIABILITIES_Details

OTHER LIABILITIES (Details) (USD $)	Dec. 31, 2014	Mar. 31, 2014
Other Liabilities [Line Items]
Payroll liabilities	$56,766	$53,003
Warranty liabilities	2,439	2,593
Accrued interest	0	2,867
Accrued expenses	407,207	372,919
Provision for tax	5,399,550	5,295,033
Others	2,657	2,658
Other Liabilities, Current, Total	$5,868,619	$5,729,073

CONTINGENT_LIABILITIES_Details

CONTINGENT LIABILITIES (Details Textual)	1 Months Ended	0 Months Ended		1 Months Ended	12 Months Ended
	Nov. 05, 2014	Jan. 16, 2014	Jan. 16, 2014	Mar. 22, 2012	Dec. 31, 2010	Dec. 31, 2009	Dec. 31, 2009	Dec. 31, 2009	Dec. 31, 2009
	TWD	USD ($)	CNY	CNY	USD ($)	USD ($)	CNY	Water Manufacturing Plant [Member]	Water Manufacturing Plant [Member]
								USD ($)	CNY
Other Commitments [Line Items]
Manufacturing Costs								$766,300	4,758,600
Payment Of Final Construction					1,125,000	112,500	698,896
Purported Outstanding Payments	1,823,787.91	$213,700	1,326,916	1,912,000

SHORTTERM_LOAN_Details_Textual

SHORT-TERM LOAN (Details Textual) (Directors and Officers Liability Insurance [Member], USD $)	1 Months Ended
	Nov. 30, 2014	Nov. 30, 2013
Directors and Officers Liability Insurance [Member]
Statement [Line Items]
Debt Instrument, Periodic Payment	$56,753	$64,422
Line of Credit Facility, Interest Rate During Period	3.60%	3.60%
Loans Assumed	$503,200	$571,200
Debt Instrument, Frequency of Periodic Payment	nine equal monthly payments	nine equal monthly payments

WARRANTS_Details_Textual

WARRANTS (Details Textual) (USD $)	6 Months Ended
	Sep. 30, 2014
Class of Warrant or Right [Line Items]
Warrant Expiration Period	30-Sep-14
Series A Warrants [Member]
Class of Warrant or Right [Line Items]
Class of Warrant or Right, Outstanding	330,665
Class of Warrant or Right, Exercise Price of Warrants or Rights	1
Series B Warrants [Member]
Class of Warrant or Right [Line Items]
Class of Warrant or Right, Outstanding	330,665
Class of Warrant or Right, Exercise Price of Warrants or Rights	1.25

INCOME_TAXES_Details

INCOME TAXES (Details) (USD $)	3 Months Ended		9 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2014	Dec. 31, 2013
Current:
Domestic			$0	$57
Foreign			977	-8,790
Under provision for prior years			5,072	7,741,386
Income tax expenses	$4,177	$7,741,386	$6,049	$7,732,653

INCOME_TAXES_Details_1

INCOME TAXES (Details 1) (USD $)	3 Months Ended		9 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2014	Dec. 31, 2013
Income Taxes [Line Items]
Income tax provision at U.S. statutory rate			($1,594,505)	($4,432,244)
State tax			0	57
Deferred tax valuation allowance			1,591,128	4,421,371
Nondeductible expenses			3,377	10,873
Foreign subsidiary income tax			977	-8,790
Under provision for prior years			5,072	7,741,386
Income tax expenses	$4,177	$7,741,386	$6,049	$7,732,653

INCOME_TAXES_Details_Textual

INCOME TAXES (Details Textual) (USD $)	9 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Mar. 31, 2010	Mar. 31, 2009
Income Taxes [Line Items]
Effective Rate of Income Tax	37.00%	37.00%
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
Internal Revenue Service (IRS) [Member]
Income Taxes [Line Items]
Income Tax Examination, Liability (Refund) Adjustment from Settlement with Taxing Authority			$12.30
Internal Revenue Service (IRS) [Member] | Maximum [Member]
Income Taxes [Line Items]
Income Tax Examination, Liability (Refund) Adjustment from Settlement with Taxing Authority			12.3
Internal Revenue Service (IRS) [Member] | Minimum [Member]
Income Taxes [Line Items]
Income Tax Examination, Liability (Refund) Adjustment from Settlement with Taxing Authority			3.6
Domestic and CA Tax Authority [Member]
Income Taxes [Line Items]
Income Tax Examination, Liability (Refund) Adjustment from Settlement with Taxing Authority			$0.80	$3.60
HK SAR [Member]
Income Taxes [Line Items]
Effective Rate of Income Tax	16.50%
Subsidiary In Taiwan [Member]
Income Taxes [Line Items]
Standard Enterprise Income Tax	17.00%
Subsidiary In Mainland China [Member]
Income Taxes [Line Items]
Standard Enterprise Income Tax	25.00%

COMMITMENTS_Details

COMMITMENTS (Details) (Principal Executive Office Space [Member], USD $)	Dec. 31, 2014
Principal Executive Office Space [Member]
Year Ending March 31,
2015	$28,365
2016	113,838
2017	118,390
2018	$112,497

COMMITMENTS_Details_1

COMMITMENTS (Details 1) (Office Space In Hong Kong [Member], USD $)	Dec. 31, 2014
Office Space In Hong Kong [Member]
Year Ending March 31,
2015	$32,205

COMMITMENTS_Details_2

COMMITMENTS (Details 2) (Storage Space [Member], USD $)	Dec. 31, 2014
Storage Space [Member]
Year Ending March 31,
2015	$3,057
2016	12,228
2017	$9,171

COMMITMENTS_Details_3

COMMITMENTS (Details 3) (Office Space In Taiwan [Member], USD $)	Dec. 31, 2014
Office Space In Taiwan [Member]
Year Ending March 31,
2015	$3,780
2016	$11,340

COMMITMENTS_Details_4

COMMITMENTS (Details 4) (Land Lease For Water Factory [Member], USD $)	Dec. 31, 2014
Land Lease For Water Factory [Member]
Other Commitments [Line Items]
2015	$966
2016	3,865
2017	3,865
2018	3,865
2019	3,865
Thereafter	$153,634

COMMITMENTS_Details_Textual

COMMITMENTS (Details Textual) (USD $)	9 Months Ended
	Dec. 31, 2014	Dec. 31, 2013
Other Commitments [Line Items]
Operating Leases, Rent Expense	$274,625	$424,318
Lease Expiration Date	31-Mar-15
Office Space In California [Member]
Other Commitments [Line Items]
Periodic Payment Of Rent Second Year	9,455
Area of Land	3,367
Office Space In Hong Kong [Member]
Other Commitments [Line Items]
Operating Leases, Rent Expense	23,226
Lease Expiration Date	31-Mar-15
Operating Lease, New Rent Expense, Description	Since November 1, 2014, the monthly rental is reduced to $10,735 until the expiration of the lease
Storage Space In Hong Kong [Member]
Other Commitments [Line Items]
Periodic Payment Of Rent Second Year	1,019
Periodic Payment Of Rent	955
Lease Expiration Date	3-Jan-15
Land Lease For Water Factory [Member]
Other Commitments [Line Items]
Periodic Payment Of Rent	3,865
Area of Land	40,000
Office Space In Taiwan [Member]
Other Commitments [Line Items]
Periodic Payment Of Rent	$1,260
Lease Expiration Date	16-Dec-15

SEGMENT_INFORMATION_Details

SEGMENT INFORMATION (Details) (USD $)	3 Months Ended		9 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2014	Dec. 31, 2013
Segment Reporting Information [Line Items]
Total revenues, net	$338,097	$433,849	$800,040	$1,587,555
Total cost of revenues	-111,023	-108,521	-283,700	-502,089
Gross profit/(loss)	227,074	325,328	516,340	1,085,466
Operating expenses:
Selling, general and administrative expenses	1,535,096	1,769,614	4,125,890	5,030,503
Provision for inventory obsolescence	32,942	293,501	152,173	398,708
Royalty expenses	125,000	35,482	375,000	115,886
Total operating expenses	1,693,038	2,098,597	4,653,063	5,545,097
Net operating loss	-1,465,964	-1,773,269	-4,136,723	-4,459,631
Other income	-3,850	144,603	2,430,324	351,770
Allocated income tax expense	-4,177	-7,741,386	-6,049	-7,732,653
Loss after income tax	-1,473,991	-9,370,052	-1,712,448	-11,840,514
Total long-lived assets	937,832	1,189,343	937,832	1,189,343
Additions to long-lived assets	0	399	0	7,023
Online Businesses [Member]
Segment Reporting Information [Line Items]
Total revenues, net	338,097	433,849	800,040	1,579,721
Total cost of revenues	-111,023	-106,916	-283,700	-494,072
Gross profit/(loss)	227,074	326,933	516,340	1,085,649
Operating expenses:
Selling, general and administrative expenses	540,262	737,303	1,435,612	2,209,232
Provision for inventory obsolescence	32,942	293,501	152,173	398,708
Royalty expenses	125,000	35,482	375,000	115,886
Total operating expenses	698,204	1,066,286	1,962,785	2,723,826
Net operating loss	-471,130	-739,353	-1,446,445	-1,638,177
Other income	23,568	89,185	110,289	184,203
Allocated income tax expense	-977	-7,741,386	-977	-7,732,596
Loss after income tax	-448,539	-8,391,554	-1,337,133	-9,186,570
Total long-lived assets	28,319	85,191	28,319	85,191
Additions to long-lived assets	0	387	0	1,904
Beverage Business [Member]
Segment Reporting Information [Line Items]
Total revenues, net	0	0	0	7,834
Total cost of revenues	0	-1,605	0	-8,017
Gross profit/(loss)	0	-1,605	0	-183
Operating expenses:
Selling, general and administrative expenses	52,367	304,997	166,824	481,568
Provision for inventory obsolescence	0	0	0	0
Royalty expenses	0	0	0	0
Total operating expenses	52,367	304,997	166,824	481,568
Net operating loss	-52,367	-306,602	-166,824	-481,751
Other income	-16	0	4,770	1
Allocated income tax expense	0	0	0	0
Loss after income tax	-52,383	-306,602	-162,054	-481,750
Total long-lived assets	907,576	1,100,010	907,576	1,100,010
Additions to long-lived assets	0	0	0	0
Unallocated items [Member]
Segment Reporting Information [Line Items]
Total revenues, net	0	0	0	0
Total cost of revenues	0	0	0	0
Gross profit/(loss)	0	0	0	0
Operating expenses:
Selling, general and administrative expenses	942,467	727,314	2,523,454	2,339,703
Provision for inventory obsolescence	0	0	0	0
Royalty expenses	0	0	0	0
Total operating expenses	942,467	727,314	2,523,454	2,339,703
Net operating loss	-942,467	-727,314	-2,523,454	-2,339,703
Other income	-27,402	55,418	2,315,265	167,566
Allocated income tax expense	-3,200	0	-5,072	-57
Loss after income tax	-973,069	-671,896	-213,261	-2,172,194
Total long-lived assets	1,937	4,142	1,937	4,142
Additions to long-lived assets	$0	$12	$0	$5,119

LITIGATION_Details_Textual

LITIGATION (Details Textual)

1 Months Ended

0 Months Ended

1 Months Ended

9 Months Ended

12 Months Ended

1 Months Ended

0 Months Ended

1 Months Ended

9 Months Ended

12 Months Ended

1 Months Ended

9 Months Ended

Nov. 05, 2014

Jan. 16, 2014

Jan. 16, 2014

Mar. 22, 2012

Aug. 18, 2010

Dec. 31, 2014

Dec. 31, 2010

Dec. 31, 2009

Dec. 31, 2009

Jan. 07, 2014

Nov. 29, 2013

Aug. 20, 2009

Jul. 09, 2009

Jul. 09, 2009

Aug. 31, 2009

Dec. 31, 2014

Dec. 31, 2009

Dec. 31, 2009

Oct. 25, 2008

Dec. 31, 2014

Dec. 31, 2014

TWD

USD ($)

CNY

CNY

EUR (€)

USD ($)

USD ($)

USD ($)

CNY

TWD

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]

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 ($)

USD ($)

EUR (€)

Loss Contingencies [Line Items]

Equity Method Investment, Ownership Percentage

48.81%

Unpaid Purchase Obligation

$2,409,639

€ 2,000,000

Loss Contingency, Damages Sought, Value

2,000,000

21,000,000

19,000,000

254,700

8,050,832

Loss Contingency, Damages Paid, Value

203,402

Accrued Liabilities

200,000

Manufacturing Costs

766,300

4,758,600

Payment of Final Construction

1,125,000

112,500

698,896

Purported Outstanding Payments

1,823,787.91

213,700

1,326,916

1,912,000

Payments to Acquire Equity Method Investments

19,193,000

Loss Contingency, Name of Plaintiff

Marinteknik Shipbuilders (S) Pte Ltd

Loss Contingency, Name of Defendant

Excalibur

Unpaid Capital Amount

475,312,500