Clone Algo 10-Q 12 Jan 15 2015 Q1 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	3 Months Ended
	Jun. 30, 2014	Jan. 12, 2015
Document and Entity Information [Abstract]
Entity Registrant Name	Clone Algo Inc.
Entity Central Index Key	1498388
Amendment Flag	FALSE
Current Fiscal Year End Date	-28
Document Type	10-Q
Document Period End Date	30-Jun-14
Document Fiscal Year Focus	2015
Document Fiscal Period Focus	Q1
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		697,646,696

Consolidated_Balance_Sheets

Consolidated Balance Sheets (USD $)	Jun. 30, 2014	Mar. 31, 2014
Current assets
Cash and cash equivalents	$5,864,939	$6,991,013
Accounts receivable	8,034,366	1,504,060
Accounts receivable - related parties	2,025,000	603,520
Due from related parties	139,388
Prepaid expenses and other current assets	25,200	13,200
Total current assets	16,088,893	9,111,793
Property and equipment	84,476	88,964
Total Assets	16,173,369	9,200,757
Current liabilities
Accounts payable and accrued liabilities	64,945	420,303
Other current liabilities		2,500,000
Customer deposit	40,000
Due to related parties	4,005,141	3,296,214
Note payable - related party, current portion	16,500,000	13,942,652
Note payable - current portion	8,875,000	9,165,128
Total current liabilities	29,485,086	29,324,297
Note payable to related party, net of discount of $24,297,635 at June 30, 2014 and $25,591,098 at March 31, 2014	65,702,365	80,466,250
Note payable, net of discount of $2,371,482 at June 30, 2014 and $2,639,788 at March 31, 2014	8,378,518	9,695,084
Total Liabilities	103,565,969	119,485,631
Commitment and contingencies
Clone Algo, Inc. and subsidiaries stockholders' equity (deficit)
Preferred stock; $0.001 par value; 200,000,000 shares authorized; 150,000,000 and 0 shares issued and outstanding at June 30, 2014 and March 31, 2014, respectively	150,000	150,000
Common stock; $0.001 par value; 750,000,000 shares authorized; 697,646,696 and 695,000,000 shares issued and outstanding at June 30, 2014 and March 31, 2014, respectively	697,647	695,000
Additional paid-in capital	22,541,496	1,370,575
Stock payable	1,755,342	6,984,364
Accumulated earnings (deficit)	-76,227,809	-79,401,832
Total Clone Algo Inc. and subsidiaries stockholders' equity	-51,083,324	-70,201,893
Non-controlling interest in consolidated subsidiary	-36,309,276	-40,082,981
Total Stockholders' Deficit	-87,392,600	-110,284,874
Total Liabilities and Stockholders' Equity (Deficit)	$16,173,369	$9,200,757

Consolidated_Balance_Sheets_Pa

Consolidated Balance Sheets (Parenthetical) (USD $)	Jun. 30, 2014	Mar. 31, 2014
Discount of notes payable to related parties	$24,297,635	$25,591,098
Discount of notes payable long-term	$2,371,482	$2,639,788
Preferred stock, par value per share	$0.00	$0.00
Preferred stock, shares authorized	200,000,000	200,000,000
Preferred stock, shares issued	150,000,000	0
Preferred stock, shares outstanding	150,000,000	0
Common stock, par value per share	$0.00	$0.00
Common stock, shares authorized	750,000,000	750,000,000
Common stock, shares issued	697,646,696	695,000,000
Common stock, shares outstanding	697,646,696	695,000,000

Consolidated_Statements_of_Ope

Consolidated Statements of Operations (Unaudited) (USD $)	3 Months Ended
	Jun. 30, 2014	Jun. 30, 2013
Revenues
Licensing fees - others	$8,542,906
Licensing fees - related parties	2,025,000
Total revenues	10,567,906
Cost of revenues	3,600,000
Gross profit	6,967,906
Operating expenses
Depreciation and amortization	4,488
Selling general and administrative	454,452	6,700
Total operating expenses	458,939	6,700
Income (Loss) from operations	6,508,967	-6,700
Other income and (expense)
Other income	531
Interest expense	-1,561,769
Total other income and (expense)	-1,561,239
Income (loss) from operations before income tax	4,947,728	-6,700
Provision for income taxes
Net income (loss) applicable to common stock before allocation to noncontrolling interest	4,947,728	-6,700
Less: net income attributable to noncontrolling interest	1,773,705
Net income (loss) attributable to Clone Algo, Inc. common stock	$3,174,023	($6,700)
Basic and diluted net income (loss) per common share applicable to Clone Algo, Inc. common stock	$0	$0
Weighted average common shares outstanding - basic and diluted	696,753,804	2,000,000

Consolidated_Statement_of_Cash

Consolidated Statement of Cash Flows (Unaudited) (USD $)	3 Months Ended
	Jun. 30, 2014	Jun. 30, 2013
CASH FLOWS FROM OPERATING ACTIVITIES
Net income (loss) attributable to Clone Algo, Inc. common stock	$3,174,023	($6,700)
Net income attributable to noncontrolling interest	1,773,705
Adjustments to reconcile net income (loss) to net cash used in operating activities:
Depreciation and amortization	4,488
Amortization of debt discount	1,561,769
Changes in operating assets and liabilities:
Accounts receivable	-6,530,306
Accounts receivable - related party	-1,421,480
Due from related parties	-139,388
Prepaid expenses and other current assets	-12,000
Accounts payable and accrued liabilities	-355,358	2,200
Customer deposit	40,000
Other current liabilities	-2,500,000
Due to related parties	708,927	4,500
Net cash used in operating activities	-3,695,620
CASH FLOWS FROM INVESTING ACTIVITIES
Net cash used in investing activities
CASH FLOWS FROM FINANCING ACTIVITIES
Noncontrolling interest in Clone Algo Pte Ltd.	2,000,000
Proceeds from sale of common stock, net	15,944,546
Cash paid for note payable to related party	-13,500,000
Cash paid for note payable	-1,875,000
Net cash provided by financing activities	2,569,546
NET DECREASE IN CASH AND CASH EQUIVALENTS	-1,126,074
CASH AND CASH EQUIVALENTS, AT THE BEGINNING OF THE PERIOD	6,991,013
CASH AND CASH EQUIVALENTS, AT THE END OF THE PERIOD	5,864,939
SUPPLEMENTAL DISCLOSURES OF CASH FLOWS INFORMATION:
Interest paid
Income tax paid

Nature_of_Operations_and_Basis

Nature of Operations and Basis of Presentation	3 Months Ended
	Jun. 30, 2014
Nature of Operations and Basis of Presentation [Abstract]
NATURE OF OPERATIONS AND BASIS OF PRESENTATION	NOTE 1 – NATURE OF OPERATIONS AND BASIS OF PRESENTATION
	As used herein and except as otherwise noted, the term “Company”, “it(s)”, “our”, “us”, “we” and “CAI” shall mean Clone Algo Inc., a Nevada corporation and Subsidiaries.
	Clone Algo, Inc. (the “Company”) was incorporated in Nevada on February 22, 2010 as a "blank check" company under the name of Corridor Ventures I Acquisition Corp. On January 8, 2014, Niraj Goel, an investor, acquired 99% ownership interest in the Company by purchasing from the former shareholders, 193,000,000 shares of common stock for $193,000 cash.  This resulted in a change of control and the executive officers and directors of the Company resigned from their positions. Niraj Goel became the Company’s new President, Chief Executive Officer, Chief Financial Officer, and a sole Director. Additionally, on that same date, the Company changed its name to Clone Algo, Inc.
	On March 7, 2014, the Company formed an entity Clone Algo Pte Ltd. in Singapore (“Singapore Subsidiary”) of which the Company has a 65% ownership interest through the ownership of 4,875,000 shares of common stock. Algo Markets Limited, a Malaysia limited liability company (“Algo Markets”), is a wholly-owned subsidiary of the Singapore Subsidiary and is the subsidiary through which the Company conducts its business. The 35% noncontrolling interest or 2,625,000 shares of Singapore Subsidiary were purchased by Niraj Goel, the Company's former Chief Executive Officer for $2,625,000.
	On May 21, 2014, Niraj Goel resigned from his position as President, Chief Executive Officer, and Chief Financial Officer of the Company and Nitin Damodaran was appointed as the Company’s Chief Executive Officer and Interim Chief Financial Officer.
	Clone Algo Inc. is a technology company specializing in developing algorithms based on artificial intelligence and operates social investment networks. The Company ushers the social trading revolution and helps the users create passive income by cloning algorithms which automatically trade forex, shares, gold and CFDs to the account holder’s brokerage account.
	The accompanying interim consolidated financial statements are unaudited, but in the opinion of management of the Company, contain all adjustments, which include normal recurring adjustments and business acquisition adjustments, necessary to present fairly the financial position at June 30, 2014, and the results of operations and cash flows for the three months ended June 30, 2014. The balance sheet at March 31, 2014 is derived from the Company’s audited financial statements.
	Certain information and footnote disclosures normally included in financial statements that have been prepared in accordance with generally accepted accounting principles have been condensed or omitted pursuant to the rules and regulations of the Securities and Exchange Commission, although management of the Company believes that the disclosures contained in these financial statements are adequate to make the information presented therein not misleading. For further information, refer to the financial statements and the notes thereto contained in the Company’s 2014 Annual Report filed with the Securities and Exchange Commission on Form 10-K on November 21, 2014.

Summary_of_Significant_Account

Summary of Significant Accounting Policies	3 Months Ended
	Jun. 30, 2014
Summary of Significant Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
	The following summary of significant accounting policies of the Company is presented to assist in the understanding of the Company’s unaudited financial statements. The unaudited consolidated financial statements and notes are the representation of the Company’s management who is responsible for their integrity and objectivity. The unaudited consolidated financial statements of the Company conform to accounting principles generally accepted in the United States of America (“U.S. GAAP”) and the rules and regulations of the Securities and Exchange Commission for interim financial information.
	Basis of Presentation
	The accompanying unaudited consolidated financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America. All references to Generally Accepted Accounting Principles (“GAAP”) are in accordance with the Financial Accounting Standards Board’s Accounting Standards Codification (“ASC”) and the hierarchy of Generally Accepted Accounting Principles.
	Principles of Consolidation
	The unaudited consolidated financial statements of the Company include the accounts of the Company, its 65% owned subsidiary Clone Algo Pte Ltd., a Singapore entity, and Algo Markets, a Malaysia entity, a 100% owned subsidiary of Clone Algo Pte Ltd. All significant intercompany balances and transactions have been eliminated in the consolidation.
	Use of Estimates
	The preparation of unaudited consolidated financial statements in conformity with U.S. GAAP 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 unaudited consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. The Company bases its estimates and assumptions on current facts, historical experience and various other factors that it believes to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities and the accrual of costs and expenses that are not readily apparent from other sources. The actual results experienced by the Company may differ materially and adversely from the Company’s estimates. To the extent there are material differences between the estimates and the actual results, future results of operations will be affected.
	Noncontrolling Interests
	The Company accounts for its less than 100% interest in consolidated subsidiaries in accordance with Financial Accounting Standards Board – Accounting Standards Codification (“ASC”) Topic 810, “Consolidation” for the accounting for noncontrolling interests. The guidance establishes accounting and reporting standards for the noncontrolling interest in a subsidiary and for the deconsolidation of a subsidiary. It also clarifies that a noncontrolling interest in a subsidiary is an ownership interest in the consolidated entity that should be reported as equity in the consolidated financial statements as opposed to mezzanine equity. This guidance also changes the way the consolidated statement of operations is presented by requiring net income to be reported at amounts that include the amounts attributable to both the parent and the noncontrolling interest. It also requires disclosure, on the face of the consolidated statement of operations, of the amounts of net income attributable to the parent and to the noncontrolling interest. This guidance requires that a parent recognize a gain or loss in net income when a subsidiary is deconsolidated and requires expanded disclosures in the consolidated financial statements that clearly identify and distinguish between the interests of the parent owners and the interests of the noncontrolling owners of a subsidiary. For all periods in which a consolidated balance sheet is presented, the Company reported all amounts due to minority shareholders to a new line item, “noncontrolling interests,” which is included in stockholders’ equity. Additionally, in the statement of operations, the Company displays, below net income on the face of the statement of operations, the portion of consolidated net income or loss that is attributable to the controlling and noncontrolling interests.
	Cash and Cash Equivalents
	The Company considers all cash on hand, cash accounts not subject to withdrawal restrictions or penalties, and all highly liquid debt instruments purchased with a maturity of three months or less to be cash and cash equivalents. At June 30, 2014 and March 31, 2014, the Company has $0 and $0 of cash equivalents.
	Fair value of Financial Instruments and Fair Value Measurements
	ASC 820, Fair Value Measurements and Disclosures, requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. ASC 820 establishes a fair value hierarchy based on the level of independent, objective evidence surrounding the inputs used to measure fair value. A financial instrument’s categorization within the fair value hierarchy is based upon the lowest level of input that is significant to the fair value measurement. ASC 820 prioritizes the inputs into three levels that may be used to measure fair value:
	Level 1
	Level 1 applies to assets or liabilities for which there are quoted prices in active markets for identical assets or liabilities.
	Level 2
	Level 2 applies to assets or liabilities for which there are inputs other than quoted prices that are observable for the asset or liability such as quoted prices for similar assets or liabilities in active markets; quoted prices for identical assets or liabilities in markets with insufficient volume or infrequent transactions (less active markets); or model-derived valuations in which significant inputs are observable or can be derived principally from, or corroborated by, observable market data.
	Level 3
	Level 3 applies to assets or liabilities for which there are unobservable inputs to the valuation methodology that are significant to the measurement of the fair value of the assets or liabilities.
	The Company’s financial instruments consist principally of cash and cash equivalents, amounts receivable, accounts payable, notes payable, and amounts due to related parties. Pursuant to ASC 820, Fair Value Measurements and Disclosures and ASC 825, Financial Instruments, the fair value of our cash equivalents is determined based on “Level 1” inputs, which consist of quoted prices in active markets for identical assets. The Company believes that the recorded values of all of the other financial instruments approximate their current fair values because of their nature and respective maturity dates or durations. The Company does not hold any investments that are available-for-sale.
	Intangible Assets
	Intangible assets arising from an acquisition are periodically assessed for impairment. Accordingly, the Company reviews the carrying value of intangible assets quarterly to determine whether impairment, as measured by fair market value, may exist. Specifically, intangible assets impairment is determined using a two-step process. The first step of the intangible asset impairment test is used to identify potential impairment by comparing the fair value of a reporting unit with its carrying amount. If the fair value of a reporting unit exceeds its carrying amount, then the intangible assets of the reporting unit are not considered to be impaired and the second step of the impairment test is unnecessary. If the carrying amount of a reporting unit exceeds its fair value, the second step of the impairment test is performed to measure the amount of impairment loss, if any.
	The second step of the impairment test compares the implied fair value of the reporting unit's intangible assets with their carrying amount. If the carrying amount of the reporting unit's intangible assets exceeds their implied fair value, then an impairment loss is recognized in an amount equal to that excess. Patents, intellectual property and trademarks are capitalized at their historical cost and are amortized over their estimated useful lives of ten years.
	Variable Interest Entity
	The Company follows the guidelines in FASB Codification of ASC 810 “Consolidation” which indicates "a legal entity that is deemed to be a business need not be evaluated by a reporting entity to determine if the legal entity is a Variable Interest Entity (“VIE")” unless any one of four conditions exist:
		●	The reporting entity, its related parties, or both participated significantly in the design or redesign of the legal entity;
		●	The legal entity is designed so that substantially all of its activities involve or are conducted on behalf of the reporting entity;
		●	The reporting entity and its related parties provide more than half of the total of the equity, subordinated debt, and other forms of subordinated;
		●	The activities of the legal entity are primarily related to the securitizations or other forms of asset-backed financings or single
	A VIE is an entity that either (a) has insufficient equity to permit the entity to finance its activities without additional subordinated financial support or (b) has equity investors who lack the characteristics of a controlling financial interest. A VIE is consolidated by its primary beneficiary. The primary beneficiary has both the power to direct the activities that most significantly impact the entity’s economic performance and the obligation to absorb losses or the right to receive benefits from the entity that could potentially be significant to the VIE. If we determine that we have operating power and the obligation to absorb losses or receive benefits, we consolidate the VIE as the primary beneficiary, and if not, we do not consolidate. The Company has not identified any VIEs as of June 30, 2014.
	Revenue Recognition
	The Company recognizes revenues when persuasive evidence of an arrangement exists; delivery has occurred; price is fixed or determinable; and collectability of the related receivable is reasonably assured. The Company closely follows the provisions of ASC 605 “Revenue Recognition”, which includes the guidelines of Staff Accounting Bulletin No. 104.
	The Company's main source of revenue is from the licensing fees that brokers, distributors, hedge funds, and banks pay for licensing our Clone Algo Applications based on the type of trading in which their customers (our users) are engaged in.  Each user has multiple accounts running different algorithms for different asset classes.
	Earnings (Loss) Per Common Share
	The Company computes net earnings (loss) per share in accordance with ASC 260, “Earnings per Share”. ASC 260 requires presentation of both basic and diluted net earnings per share (“EPS”) on the face of the income statement. Basic EPS is computed by dividing earnings (loss) available to common shareholders (numerator) by the weighted average number of shares outstanding (denominator) during the period. Diluted EPS gives effect to all dilutive potential common shares outstanding during the period using the treasury stock method and convertible preferred stock using the if-converted method. In computing diluted EPS, the average stock price for the period is used in determining the number of shares assumed to be purchased from the exercise of stock options or warrants. Diluted EPS excludes all dilutive potential shares if their effect is anti-dilutive.
	As of June 30, 2014 and March 31, 2014, there were 1,500,000,000 potentially dilutive common shares outstanding during the period all of which pertain to the 150,000,000 series A preferred shares outstanding which are convertible, at the holder’s option, into ten (10) shares of the Company’s common stock.
	Income Taxes
	The Company accounts for income taxes using the asset and liability method in accordance with ASC 740, “Income Taxes”. The asset and liability method provides that deferred tax assets and liabilities are recognized for the expected future tax consequences of temporary differences between the financial reporting and tax basis of assets and liabilities, and for operating loss and tax credit carry forwards. Deferred tax assets and liabilities are measured using the currently enacted tax rates and laws. The Company records a valuation allowance to reduce deferred tax assets to the amount that is believed more likely than not to be realized. The Company follows the provisions of ASC 740-10, “Accounting for Uncertain Income Tax Positions.” When tax returns are filed, it is highly certain that some positions taken would be sustained upon examination by the taxing authorities, while others are subject to uncertainty about the merits of the position taken or the amount of the position that would be ultimately sustained. In accordance with the guidance of ASC 740-10, the benefit of a tax position is recognized in the financial statements in the period during which, based on all available evidence, management believes it is more likely than not that the position will be sustained upon examination, including the resolution of appeals or litigation processes, if any. Tax positions taken are not offset or aggregated with other positions. Tax positions that meet the more-likely-than-not recognition threshold are measured as the largest amount of tax benefit that is more than 50 percent likely of being realized upon settlement with the applicable taxing authority. The portion of the benefits associated with tax positions taken that exceeds the amount measured as described above should be reflected as a liability for unrecognized tax benefits in the accompanying consolidated balance sheets along with any associated interest and penalties that would be payable to the taxing authorities upon examination.
	Business Segments
	The Company operates in one segment and therefore, segment information is not presented.
	Recent Accounting Pronouncements
	In August 2014, the FASB issued ASU 2014-15, Presentation of Financial Statements - Going Concern. The new standard required management of public and private companies to evaluate whether there is substantial doubt about the entity's ability to continue as a going concern and, if so, disclose that fact. Management will also be required to evaluate and disclose whether its plans alleviate that doubt. The new standard is effective for annual periods ending after December 15, 2016, and interim periods within annual periods beginning after December 15, 2016. Early adoption is permitted. The Company does not expect the adoption of the ASU to have a significant impact on our consolidated financial statements.
	The Company has implemented all new accounting pronouncements that are in effect and that may impact its unaudited consolidated financial statements and does not believe that there are any other new accounting pronouncements that have been issued that might have a material impact on its financial position or results of operations.

Accounts_Receivable

Accounts Receivable	3 Months Ended
	Jun. 30, 2014
Accounts Receivable [Abstract]
ACCOUNTS RECEIVABLE	NOTE 3 – ACCOUNTS RECEIVABLE
	Accounts receivable consist of:
		Amount
	Balance  - March 31, 2014	$	1,504,060
	Invoices billed		8,034,366
			9,538,426
	Collections received		(1,504,060	)
	Ending balance - June 30, 2014 (Unaudited)	$	8,034,366
	Accounts receivable are comprised of uncollateralized customer obligations due under normal trade terms requiring payment within 60 days from the invoice date. The carrying amount of accounts receivable is reviewed periodically for collectability. If management determines that collection is unlikely, an allowance is recorded that reflects management’s best estimate of the amounts that will not be collected. Management reviews each accounts receivable balance that exceeds 60 days from the invoice date and, based on an assessment of creditworthiness, estimates the portion, if any, of the balance that will not be collected. As of June 30, 2014 and March 31, 2014, the Company did not record a reserve for doubtful accounts.

Related_Party_Transactions

Related Party Transactions	3 Months Ended
	Jun. 30, 2014
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS	NOTE 4 – RELATED PARTY TRANSACTIONS
	The Company has advanced $139,388 to an entity as of June 30, 2014, that is majority owned by Niraj Goel, our majority shareholder.
	The Company’s former Chief Executive Officer, a related party, has advanced funds to the Company from time to time in order to support the working capital requirements of the Company. As of June 30, 2014 and March 31, 2014, $28,113 and $34,957 remained due to the related party as repayment for advances. All funds advanced by the former Chief Executive Officer are unsecured, bear no interest, and are due upon demand.
	On March 10, 2014, Algo Markets entered into an intellectual property purchase agreement between Algo Markets and Dragon Malaysia Limited, a wholly-owned subsidiary of Dragon Holdings AG, of which Mr. Niraj Goel is a non-executive Chairman and a majority shareholder, for purchase of intellectual property for $128,000,000. The Company is indebted to Dragon Malaysia Limited pursuant to a promissory note $120,000,000 (See Note 8) and $106,500,000 remains unpaid balance of the acquisition cost of the intellectual property as of June 30, 2014 (See Note 6).
	The Company currently utilizes Dragon Malaysia’s risk management software, data center usage, technical personnel and licenses pursuant to an agreement dated March 22, 2014, and agreed to pay a fixed minimum monthly infrastructure fee of $1,200,000. The Company recorded an expense of $3,600,000 for the three months ended June 30, 2014 for such infrastructure fees. The Company is indebted to Dragon Malaysia $3,977,028 and $377,028 as of June 30, 2014 and March 31, 2014, respectively.
	The Company’s 65% owned subsidiary Clone Algo Pte Ltd. has only one Board Member/Director, Niraj Goel, who is also the majority shareholder in Clone Algo, Inc. The remaining 35% of Clone Algo Pte Ltd. is owned by Niraj Goel.
	For the three months ended June 30, 2014, the Company rendered technology services to an entity controlled by the former Chief Executive Officer through a 17% indirect ownership. The Company recorded $2,025,000 in revenues from this entity which approximated 19% of the total revenues for the three months ended June 30, 2014. The Company did not receive any payment from this entity and $2,025,000 has been recorded as revenue from related party and accounts receivable - related party in the accompanying financial statements for the three months ended as of June 30, 2014.

Note_Payable_Related_Party

Note Payable - Related Party	3 Months Ended
	Jun. 30, 2014
Note Payable - Related Party [Abstract]
NOTE PAYABLE - RELATED PARTY	NOTE 5 – NOTE PAYABLE – RELATED PARTY
	Note payable to related party consists of:
		June 30,			31-Mar-14
		2014
		(Unaudited)
	Note payable – related party, principal balance of $120,000,000, payable in sixty (60) monthly installments of $2,000,000 each, starting May 30, 2014 (Note 1)	$	106,500,000		$	120,000,000
	Less: debt discount		(24,297,635	)		(25,591,098	)
	Note payable – related party, net of discount		82,202,365			94,408,902
	Less: current portion		(16,500,000	)		(13,942,652	)
	Note payable – related party, long term	$	65,702,365		$	80,466,250
	On March 10, 2014, Algo Markets entered into an IP Purchase Agreement with a related party, pursuant to which the IP Seller sold the intellectual property to Algo Markets for $128,000,000, payable $8,000,000 in cash at the closing, and $120,000,000 in (60) equal monthly installments starting in May 2014. The Company paid $4,740,000 cash at the closing and recorded the remaining balance of $3,260,000 as other current liability at March 31, 2014.
	Pursuant to the terms of Note 1, the payments to related party are subject to Earn out period of 10 years beginning April 1, 2014 to March 21, 2023. Earn out will be settled on a yearly basis. Earn out means an amount in cash equal to the amount determined pursuant to one, but only one, of the following clauses:
	a) If in any 12 months period April 1 to March 31, earnings before interest, taxes, depreciation and amortization (“EBITDA”) is equal to or the Earn out Period is equal to or less than $10,000,000, Zero Dollars;
	b) If in any 12 months period April 1 to March 31, EBITDA is equal to or the Earn out Period is greater than $10,000,000 but less than $40,000,000, an amount equal to $25,000,000 plus the product of (X) 2.5 and (Y) the amount by which EBITDA exceeds $10,000,000;
	c) If in any 12 months period April 1 to March 31, EBITDA is equal to or the Earn out Period is equal to or greater than $40,000,001, an amount equal to $50,000,000  plus the product of (X) 2.5 and (Y) the amount by which EBITDA exceeds $40,000,001;
	In connection with the issuance of the Note 1, the Company has recorded an imputed interest on the note payable at the annual interest rate of 10% over the term of the Note. As a result, the Company recorded a debt discount in the amount of $25,869,262 on Note 1 which is being amortized to interest expense over the life of the Note 1 (sixty months). The Company has recorded interest expense of $1,293,463 and $0 related to the amortization of debt discount related to Note 1 for the three months ended June 30, 2014 and 2013, respectively.
	For the three months ended June 30, 2014, the Company paid $16,760,000 towards the note payable to related party (Note 1).
	Commitments (excluding the clause of Earn out) as of March 31:	Amount
	2015	$	16,500,000
	2016 to 2019		90,000,000
	Total	$	106,500,000

Note_Payable

Note Payable	3 Months Ended
	Jun. 30, 2014
Note Payable [Abstract]
NOTE PAYABLE	NOTE 6 – NOTE PAYABLE
	Note payable consists of:
		June 30,			31-Mar-14
		2014
		(Unaudited)
	Note payable, principal balance of $21,500,000, to a third party, payable in 10 equal quarterly payments of $2,150,000, starting April 30, 2014 (Note 2)	$	19,625,000		$	21,500,000
	Less: debt discount		(2,371,482	)		(2,639,788	)
	Note payable, net of discount		17,253,518			18,860,212
	Less: current portion		(8,875,000	)		(9,165,128	)
	Note payable, long term	$	8,378,518		$	9,695,084
	On March 10, 2014, Algo Markets entered into an asset purchase agreement with a third party, pursuant to which the seller sold 12 algorithms related to online financial markets trading for $24,000,000. Algo Markets agreed to pay $2,500,000 to the seller at closing and the remaining balance of $21,500,000 is payable in ten (10) equal quarterly installments of $2,150,000 each, starting April 30, 2014.  For the three months ended June 30, 2014, the Company paid $4,375,000 to the third party, of which $2,500,000 was due to the third party at the closing in March 2014 and was recorded as other current liability as of March 31, 2014, and $1,875,000 was paid towards the note payable.
	In connection with the issuance of the Note 2, the Company has recorded an imputed interest on the note payable at the annual interest rate of 10% over the term of the Note 2. As a result, the Company recorded a debt discount in the amount of $2,683,063 on Note 2 which is being amortized to interest expense over the life of the Note 2. The Company has recorded interest expense of $268,306 and $0 related to the amortization of debt discount related to the Note 2 for the three months ended June 30, 2014 and 2013, respectively.
	Commitments as of March 31,:	Amount
	2015	$	8,875,000
	2016 to 2017		10,750,000
	Total	$	19,625,000

Stockholders_Equity

Stockholders' Equity	3 Months Ended
	Jun. 30, 2014
Stockholders' Equity [Abstract]
STOCKHOLDERS' EQUITY	NOTE 7 - STOCKHOLDERS’ EQUITY
	The Company’s capitalization at June 30, 2014 was 200,000,000 authorized shares of preferred stock, and 750,000,000 authorized shares of common stock, both with a par value of $0.001 per share.
	Preferred Stock
	The Company has 150,000,000 shares of Series A Preferred Stock issued and outstanding as of June 30, 2014, issued to Niraj Goel, the Company’s non-executive director. Each share of Series A Preferred Stock is convertible, at the holder’s option, into ten (10) shares of the Company’s common stock, and each share of Series A Preferred Stock entitles the holder to fifty (50) votes for every one vote a holder of one share of the Company’s common stock. Upon any liquidation, dissolution or winding-up of the Corporation, whether voluntary or involuntary for each share of Series A Preferred Stock, the Holders shall not be entitled to receive any amount out of the assets, whether capital or surplus, of the Corporation.
	Common Stock
	Between April 1, 2014 and June 30, 2014, the Company received cash of $15,944,546 from foreign investors under private placement subscription agreements for the purchase of its $0.001 par value common stock at a purchase price of $8.00 per share.  The offering was part of a larger funding effort which continued through May of 2014, at which time the Company received subscriptions for a total of $40,000,000 through the sale of 5,000,000 shares of its $0.001 par value common stock at a purchase price of $8.00 per share. The Company has issued 2,646,696 shares of common stock during the three months ended June 30, 2014. The Company had received cash of $6,984,364 as of March 31, 2014 for stock subscriptions and did not issue any shares as of March 31, 2014. Common shares for receipt of cash for stock subscriptions of $1,755,342 remain unissued as of June 30, 2014 and the value of consideration received are recorded as stock payable at June 30, 2014.
	On April 9, 2014 and April 14, 2014, the Company received $695,000 and $1,600,000, respectively, from Niraj Goel for the purchase of 2,295,000 shares of Clone Algo Pte Ltd. These shares were issued and outstanding as of March 31, 2014.
	On May 19, 2014, our 65% owned subsidiary, Clone Algo Pte Ltd., issued an additional 2,000,000 shares of its common stock to Niraj Goel for $2,000,000 cash. In the three months ended June 30, 2014, Clone Algo Pte Ltd. issued an additional 3,714,286 shares of its common stock to our parent company, Clone Algo, Inc. for $3,714,286 cash.
	The sale and the issuance of the Shares were offered and sold in reliance upon exemptions from registration pursuant to Section 4(2) of the Securities Act of 1933, as amended (the “Securities Act”), Rule 506 of Regulation D promulgated under the Securities Act (“Regulation D”) and/or Regulation S promulgated under the Securities Act (“Regulation S”).  We made this determination based on the representations of each Purchaser which included, in pertinent part, that each such Purchaser was (a) an “accredited investor” within the meaning of Rule 501 of Regulation D, (b) a “qualified institutional buyer” within the meaning of Rule 144A under the Securities Act or (c) not a “U.S. person” as that term is defined in Rule 902(k) of Regulation S and upon such further representations from each Purchaser that (i) such Purchaser is acquiring the securities for his, her or its own account for investment and not for the account of any other person and not with a view to or for distribution, assignment or resale in connection with any distribution within the meaning of the Securities Act, (ii) the Purchaser agrees not to sell or otherwise transfer the purchased shares unless they are registered under the Securities Act and any applicable state securities laws, or an exemption or exemptions from such registration are available, (iii) the Purchaser has knowledge and experience in financial and business matters such that he, she or it is capable of evaluating the merits and risks of an investment in us, (iv) the Purchaser had access to all of our documents, records, and books pertaining to the investment and was provided the opportunity to ask questions and receive answers regarding the terms and conditions of the offering and to obtain any additional information which we possessed or were able to acquire without unreasonable effort and expense, and (v) the Purchaser has no need for the liquidity in its investment in us and could afford the complete loss of such investment. In addition, there was no general solicitation or advertising for securities issued in reliance upon Regulation D.
	As a result of such stock issuances, the Company has 697,646,696 shares of common stock issued and outstanding as of June 30, 2014.
	Equity Compensation Plan
	The Company has adopted the 2014 Officers’ Stock Plan on March 17, 2014, but has not granted any stock options at this time.

Concentrations

Concentrations	3 Months Ended
	Jun. 30, 2014
Concentrations [Abstract]
CONCENTRATIONS	NOTE 8 – CONCENTRATIONS
	During the three months ended June 30, 2014, six customers accounted for approximately 94% of the total accounts receivable and total revenues earned by the Company. The Company did not earn any revenues for the three months ended June 30, 2013.
	As of June 30, 2014, the Company has $5,614,939 of cash in excess of FDIC insurance.

Subsequent_Events

Subsequent Events	3 Months Ended
	Jun. 30, 2014
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	NOTE 9 – SUBSEQUENT EVENTS
	Management has evaluated subsequent events pursuant to the requirements of ASC Topic 855 – Subsequent Events and has determined that no other material subsequent events exists other than listed below:
	On December 19, 2014, Algo Markets Limited and Dragon Malaysia entered into an agreement to settle $80 million of Dragon Malaysia’s debt by issuance of 10,000,000 shares of the Company’s common stock valued at $8 per share. The common stock was not issued as of the date of this filing.
	The Company received an additional $3,967,728 of cash for stock subscriptions as of January 12, 2015.

Summary_of_Significant_Account1

Summary of Significant Accounting Policies (Policies)	3 Months Ended
	Jun. 30, 2014
Summary of Significant Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation
	The accompanying unaudited consolidated financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America. All references to Generally Accepted Accounting Principles (“GAAP”) are in accordance with the Financial Accounting Standards Board’s Accounting Standards Codification (“ASC”) and the hierarchy of Generally Accepted Accounting Principles.
Principles of Consolidation	Principles of Consolidation
	The unaudited consolidated financial statements of the Company include the accounts of the Company, its 65% owned subsidiary Clone Algo Pte Ltd., a Singapore entity, and Algo Markets, a Malaysia entity, a 100% owned subsidiary of Clone Algo Pte Ltd. All significant intercompany balances and transactions have been eliminated in the consolidation.
Use of Estimates	Use of Estimates
	The preparation of unaudited consolidated financial statements in conformity with U.S. GAAP 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 unaudited consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. The Company bases its estimates and assumptions on current facts, historical experience and various other factors that it believes to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities and the accrual of costs and expenses that are not readily apparent from other sources. The actual results experienced by the Company may differ materially and adversely from the Company’s estimates. To the extent there are material differences between the estimates and the actual results, future results of operations will be affected.
Noncontrolling Interests	Noncontrolling Interests
	The Company accounts for its less than 100% interest in consolidated subsidiaries in accordance with Financial Accounting Standards Board – Accounting Standards Codification (“ASC”) Topic 810, “Consolidation” for the accounting for noncontrolling interests. The guidance establishes accounting and reporting standards for the noncontrolling interest in a subsidiary and for the deconsolidation of a subsidiary. It also clarifies that a noncontrolling interest in a subsidiary is an ownership interest in the consolidated entity that should be reported as equity in the consolidated financial statements as opposed to mezzanine equity. This guidance also changes the way the consolidated statement of operations is presented by requiring net income to be reported at amounts that include the amounts attributable to both the parent and the noncontrolling interest. It also requires disclosure, on the face of the consolidated statement of operations, of the amounts of net income attributable to the parent and to the noncontrolling interest. This guidance requires that a parent recognize a gain or loss in net income when a subsidiary is deconsolidated and requires expanded disclosures in the consolidated financial statements that clearly identify and distinguish between the interests of the parent owners and the interests of the noncontrolling owners of a subsidiary. For all periods in which a consolidated balance sheet is presented, the Company reported all amounts due to minority shareholders to a new line item, “noncontrolling interests,” which is included in stockholders’ equity. Additionally, in the statement of operations, the Company displays, below net income on the face of the statement of operations, the portion of consolidated net income or loss that is attributable to the controlling and noncontrolling interests.
Cash and Cash Equivalents	Cash and Cash Equivalents
	The Company considers all cash on hand, cash accounts not subject to withdrawal restrictions or penalties, and all highly liquid debt instruments purchased with a maturity of three months or less to be cash and cash equivalents. At June 30, 2014 and March 31, 2014, the Company has $0 and $0 of cash equivalents.
Fair value of Financial Instruments and Fair Value Measurements	Fair value of Financial Instruments and Fair Value Measurements
	ASC 820, Fair Value Measurements and Disclosures, requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. ASC 820 establishes a fair value hierarchy based on the level of independent, objective evidence surrounding the inputs used to measure fair value. A financial instrument’s categorization within the fair value hierarchy is based upon the lowest level of input that is significant to the fair value measurement. ASC 820 prioritizes the inputs into three levels that may be used to measure fair value:
	Level 1
	Level 1 applies to assets or liabilities for which there are quoted prices in active markets for identical assets or liabilities.
	Level 2
	Level 2 applies to assets or liabilities for which there are inputs other than quoted prices that are observable for the asset or liability such as quoted prices for similar assets or liabilities in active markets; quoted prices for identical assets or liabilities in markets with insufficient volume or infrequent transactions (less active markets); or model-derived valuations in which significant inputs are observable or can be derived principally from, or corroborated by, observable market data.
	Level 3
	Level 3 applies to assets or liabilities for which there are unobservable inputs to the valuation methodology that are significant to the measurement of the fair value of the assets or liabilities.
	The Company’s financial instruments consist principally of cash and cash equivalents, amounts receivable, accounts payable, notes payable, and amounts due to related parties. Pursuant to ASC 820, Fair Value Measurements and Disclosures and ASC 825, Financial Instruments, the fair value of our cash equivalents is determined based on “Level 1” inputs, which consist of quoted prices in active markets for identical assets. The Company believes that the recorded values of all of the other financial instruments approximate their current fair values because of their nature and respective maturity dates or durations. The Company does not hold any investments that are available-for-sale.
Intangible Assets	Intangible Assets
	Intangible assets arising from an acquisition are periodically assessed for impairment. Accordingly, the Company reviews the carrying value of intangible assets quarterly to determine whether impairment, as measured by fair market value, may exist. Specifically, intangible assets impairment is determined using a two-step process. The first step of the intangible asset impairment test is used to identify potential impairment by comparing the fair value of a reporting unit with its carrying amount. If the fair value of a reporting unit exceeds its carrying amount, then the intangible assets of the reporting unit are not considered to be impaired and the second step of the impairment test is unnecessary. If the carrying amount of a reporting unit exceeds its fair value, the second step of the impairment test is performed to measure the amount of impairment loss, if any.
	The second step of the impairment test compares the implied fair value of the reporting unit's intangible assets with their carrying amount. If the carrying amount of the reporting unit's intangible assets exceeds their implied fair value, then an impairment loss is recognized in an amount equal to that excess. Patents, intellectual property and trademarks are capitalized at their historical cost and are amortized over their estimated useful lives of ten years.
Variable Interest Entity	Variable Interest Entity
	The Company follows the guidelines in FASB Codification of ASC 810 “Consolidation” which indicates "a legal entity that is deemed to be a business need not be evaluated by a reporting entity to determine if the legal entity is a Variable Interest Entity (“VIE")” unless any one of four conditions exist:
		●	The reporting entity, its related parties, or both participated significantly in the design or redesign of the legal entity;
		●	The legal entity is designed so that substantially all of its activities involve or are conducted on behalf of the reporting entity;
		●	The reporting entity and its related parties provide more than half of the total of the equity, subordinated debt, and other forms of subordinated;
		●	The activities of the legal entity are primarily related to the securitizations or other forms of asset-backed financings or single
	A VIE is an entity that either (a) has insufficient equity to permit the entity to finance its activities without additional subordinated financial support or (b) has equity investors who lack the characteristics of a controlling financial interest. A VIE is consolidated by its primary beneficiary. The primary beneficiary has both the power to direct the activities that most significantly impact the entity’s economic performance and the obligation to absorb losses or the right to receive benefits from the entity that could potentially be significant to the VIE. If we determine that we have operating power and the obligation to absorb losses or receive benefits, we consolidate the VIE as the primary beneficiary, and if not, we do not consolidate. The Company has not identified any VIEs as of June 30, 2014.
Revenue Recognition	Revenue Recognition
	The Company recognizes revenues when persuasive evidence of an arrangement exists; delivery has occurred; price is fixed or determinable; and collectability of the related receivable is reasonably assured. The Company closely follows the provisions of ASC 605 “Revenue Recognition”, which includes the guidelines of Staff Accounting Bulletin No. 104.
	The Company's main source of revenue is from the licensing fees that brokers, distributors, hedge funds, and banks pay for licensing our Clone Algo Applications based on the type of trading in which their customers (our users) are engaged in.  Each user has multiple accounts running different algorithms for different asset classes.
Earnings (Loss) Per Common Share	Earnings (Loss) Per Common Share
	The Company computes net earnings (loss) per share in accordance with ASC 260, “Earnings per Share”. ASC 260 requires presentation of both basic and diluted net earnings per share (“EPS”) on the face of the income statement. Basic EPS is computed by dividing earnings (loss) available to common shareholders (numerator) by the weighted average number of shares outstanding (denominator) during the period. Diluted EPS gives effect to all dilutive potential common shares outstanding during the period using the treasury stock method and convertible preferred stock using the if-converted method. In computing diluted EPS, the average stock price for the period is used in determining the number of shares assumed to be purchased from the exercise of stock options or warrants. Diluted EPS excludes all dilutive potential shares if their effect is anti-dilutive.
	As of June 30, 2014 and March 31, 2014, there were 1,500,000,000 potentially dilutive common shares outstanding during the period all of which pertain to the 150,000,000 series A preferred shares outstanding which are convertible, at the holder’s option, into ten (10) shares of the Company’s common stock.
Income Taxes	Income Taxes
	The Company accounts for income taxes using the asset and liability method in accordance with ASC 740, “Income Taxes”. The asset and liability method provides that deferred tax assets and liabilities are recognized for the expected future tax consequences of temporary differences between the financial reporting and tax basis of assets and liabilities, and for operating loss and tax credit carry forwards. Deferred tax assets and liabilities are measured using the currently enacted tax rates and laws. The Company records a valuation allowance to reduce deferred tax assets to the amount that is believed more likely than not to be realized. The Company follows the provisions of ASC 740-10, “Accounting for Uncertain Income Tax Positions.” When tax returns are filed, it is highly certain that some positions taken would be sustained upon examination by the taxing authorities, while others are subject to uncertainty about the merits of the position taken or the amount of the position that would be ultimately sustained. In accordance with the guidance of ASC 740-10, the benefit of a tax position is recognized in the financial statements in the period during which, based on all available evidence, management believes it is more likely than not that the position will be sustained upon examination, including the resolution of appeals or litigation processes, if any. Tax positions taken are not offset or aggregated with other positions. Tax positions that meet the more-likely-than-not recognition threshold are measured as the largest amount of tax benefit that is more than 50 percent likely of being realized upon settlement with the applicable taxing authority. The portion of the benefits associated with tax positions taken that exceeds the amount measured as described above should be reflected as a liability for unrecognized tax benefits in the accompanying consolidated balance sheets along with any associated interest and penalties that would be payable to the taxing authorities upon examination.
Business Segments	Business Segments
	The Company operates in one segment and therefore, segment information is not presented.
Recent Accounting Pronouncements	Recent Accounting Pronouncements
	In August 2014, the FASB issued ASU 2014-15, Presentation of Financial Statements - Going Concern. The new standard required management of public and private companies to evaluate whether there is substantial doubt about the entity's ability to continue as a going concern and, if so, disclose that fact. Management will also be required to evaluate and disclose whether its plans alleviate that doubt. The new standard is effective for annual periods ending after December 15, 2016, and interim periods within annual periods beginning after December 15, 2016. Early adoption is permitted. The Company does not expect the adoption of the ASU to have a significant impact on our consolidated financial statements.
	The Company has implemented all new accounting pronouncements that are in effect and that may impact its unaudited consolidated financial statements and does not believe that there are any other new accounting pronouncements that have been issued that might have a material impact on its financial position or results of operations.

Accounts_Receivable_Tables

Accounts Receivable (Tables)	3 Months Ended
	Jun. 30, 2014
Accounts Receivable [Abstract]
Schedule of accounts receivable		Amount
	Balance  - March 31, 2014	$	1,504,060
	Invoices billed		8,034,366
			9,538,426
	Collections received		(1,504,060	)
	Ending balance - June 30, 2014 (Unaudited)	$	8,034,366

Note_Payable_Related_Party_Tab

Note Payable - Related Party (Tables)	3 Months Ended
	Jun. 30, 2014
Related Party [Member]
Related Party Transaction [Line Items]
Schedule of notes payable - related party		June 30,			31-Mar-14
		2014
		(Unaudited)
	Note payable – related party, principal balance of $120,000,000, payable in sixty (60) monthly installments of $2,000,000 each, starting May 30, 2014 (Note 1)	$	106,500,000		$	120,000,000
	Less: debt discount		(24,297,635	)		(25,591,098	)
	Note payable – related party, net of discount		82,202,365			94,408,902
	Less: current portion		(16,500,000	)		(13,942,652	)
	Note payable – related party, long term	$	65,702,365		$	80,466,250
Intellectual Property [Member]
Related Party Transaction [Line Items]
Schedule of commitments
	Commitments (excluding the clause of Earn out) as of March 31:	Amount
	2015	$	16,500,000
	2016 to 2019		90,000,000
	Total	$	106,500,000

Note_Payable_Tables

Note Payable (Tables) (Note Payable)	3 Months Ended
	Jun. 30, 2014
Note Payable
Schedule of Notes Payable [Line Items]
Schedule of notes payable - related party
		June 30,			31-Mar-14
		2014
		(Unaudited)
	Note payable, principal balance of $21,500,000, to a third party, payable in 10 equal quarterly payments of $2,150,000, starting April 30, 2014 (Note 2)	$	19,625,000		$	21,500,000
	Less: debt discount		(2,371,482	)		(2,639,788	)
	Note payable, net of discount		17,253,518			18,860,212
	Less: current portion		(8,875,000	)		(9,165,128	)
	Note payable, long term	$	8,378,518		$	9,695,084
Schedule of commitments	Commitments as of March 31,:	Amount
	2015	$	8,875,000
	2016 to 2017		10,750,000
	Total	$	19,625,000

Nature_of_Operations_and_Basis1

Nature of Operations and Basis of Presentation (Details) (USD $)	0 Months Ended
	Mar. 07, 2014	Jan. 08, 2014	19-May-14	Jun. 30, 2014
Nature of Operations and Continuance of Business (Textual)
Owned subsidiary percentage			65.00%
Singapore Subsidiary [Member]
Nature of Operations and Continuance of Business (Textual)
Owned subsidiary percentage	65.00%			65.00%
Shares issued for acquisition	4,875,000
Niraj Goel [Member]
Nature of Operations and Continuance of Business (Textual)
Owned subsidiary percentage		99.00%
Shares issued for acquisition	2,625,000	193,000,000
Shares issued for acquisition, value		$193,000
Non controlling interest percentage	35.00%			35.00%

Summary_of_Significant_Account2

Summary of Significant Accounting Policies (Details) (USD $)	3 Months Ended		12 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Mar. 31, 2014	19-May-14	Mar. 31, 2013	Mar. 07, 2014
	Segment
Summary of Significant Accounting Policies (Textual)
Owned subsidiary percentage				65.00%
Ownership interest	100.00%
Cash and cash equivalents	$5,864,939		$6,991,013
Estimated useful lives of intangible assets	10 years
Tax benefits percentage upon settlement	50.00%
Number of segment	1
Potentially dilutive securities	$0	$0
Potentially dilutive common shares outstanding	1,500,000,000	1,500,000,000	1,500,000,000
Preferred Stock, Shares Outstanding	150,000,000		0
Preferred Stock, Conversion Basis	A preferred shares outstanding which are convertible, at the holder's option, into ten (10) shares of the Company's common stock.
Singapore entity
Summary of Significant Accounting Policies (Textual)
Owned subsidiary percentage	65.00%					65.00%
Malaysia entity
Summary of Significant Accounting Policies (Textual)
Owned subsidiary percentage	100.00%

Accounts_Receivable_Details

Accounts Receivable (Details) (USD $)	Jun. 30, 2014	Mar. 31, 2014
Accounts Receivable [Abstract]
Beginning Balance	$8,034,366	$1,504,060
Invoices billed	8,034,366
Accounts receivable, Gross	9,538,426
Collections received	-1,504,060
Ending balance	$8,034,366	$1,504,060

Accounts_Receivable_Details_Te

Accounts Receivable (Details Textual) (USD $)	3 Months Ended
	Jun. 30, 2014	Mar. 31, 2014
Accounts Receivable (Textual)
Accounts receivable, Payment terms	Accounts receivable are comprised of uncollateralized customer obligations due under normal trade terms requiring payment within 60 days from the invoice date.
Accounts receivable, Receivable terms	Accounts receivable balance that exceeds 60 days from the invoice date.
Reserve for doubtful accounts

Related_Party_Transactions_Det

Related Party Transactions (Details) (USD $)	0 Months Ended	3 Months Ended		12 Months Ended
	Mar. 10, 2014	Jun. 30, 2014	Jun. 30, 2013	Mar. 31, 2014	19-May-14	Mar. 07, 2014	Jan. 08, 2014
Related Party Transactions (Textual)
Due to related parties		$4,005,141		$3,296,214
Due from related parties		139,388
Purchase price of intellectual property	24,000,000
Purchase price of intellectual property, periodic installment	21,500,000
Owned subsidiary percentage					65.00%
Revenues - related parties		2,025,000
Accounts receivable - related parties		2,025,000		603,520
Licenses agreement dated		22-Mar-14
Property Management Fee Revenue		3,600,000
Minimum [Member]
Related Party Transactions (Textual)
Property Management Fee Revenue		1,200,000
Subsidiaries [Member]
Related Party Transactions (Textual)
Owned subsidiary percentage		65.00%				65.00%
Malaysia entity
Related Party Transactions (Textual)
Owned subsidiary percentage		100.00%
Dragon Malaysia Limited [Member]
Related Party Transactions (Textual)
Purchase price of intellectual property	128,000,000
Purchase price of intellectual property, periodic installment	120,000,000	3,977,028		377,028
Acquisition cost of intellectual property unpaid		$106,500,000
Chief Executive Officer [Member]
Related Party Transactions (Textual)
Owned subsidiary percentage							99.00%
Non controlling interest percentage		35.00%				35.00%
Related party transaction description		Company rendered technology services to an entity controlled by the former Chief Executive Officer through a 17% indirect ownership. The Company recorded $2,025,000 in revenues from this entity which approximated 19% of the total revenues.
Director [Member]
Related Party Transactions (Textual)
Ownership in subsidiary		The Company's 65% owned subsidiary Clone Algo Pte Ltd. has only one Board Member/Director, Niraj Goel, who is also the majority shareholder in Clone Algo, Inc. The remaining 35% of Clone Algo Pte Ltd. is owned by Niraj Goel.

Note_Payable_Related_Party_Det

Note Payable - Related Party (Details) (Related Party [Member], USD $)	Jun. 30, 2014	Mar. 31, 2014
Related Party [Member]
Related Party Transaction [Line Items]
Note payable - related party	$106,500,000	$120,000,000
Less: debt discount	-24,297,635	-25,591,098
Note payable, net of discount	82,202,365	94,408,902
Less: current portion	-16,500,000	-13,942,652
Note payable, long term	$65,702,365	$80,466,250

Note_Payable_Related_Party_Det1

Note Payable - Related Party (Details 1) (Intellectual Property [Member], USD $)	Jun. 30, 2014
Intellectual Property [Member]
Finite-Lived Intangible Assets [Line Items]
2015	$16,500,000
2016 to 2019	90,000,000
Total	$106,500,000

Note_Payable_Related_Party_Det2

Note Payable - Related Party (Details Textual) (USD $)	3 Months Ended		12 Months Ended		0 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Mar. 31, 2013	Mar. 31, 2014	Mar. 10, 2014
					installments
Notes Payable (Textual)
Note payable - related party	$16,760,000
Annual interest rate	10.00%
Interest expense	1,293,463	0
Purchase of intellectual property
Debt discount	1,561,769
Other current liabilities				2,500,000
Intellectual Property [Member]
Notes Payable (Textual)
Payments to acquire intellectual property				4,740,000
Other current liabilities				3,260,000
Ip Purchase Agreement [Member]
Notes Payable (Textual)
Number of monthly installments					60
Payments to acquire intellectual property					128,000,000
Monthly and quarterly installments					120,000,000
Cash payment to purchase of intellectual property					8,000,000
Dragon Malaysia Limited [Member]
Notes Payable (Textual)
Earn out period description	Pursuant to the terms of Note 1, the payments to related party are subject to Earn out period of 10 years beginning April 1, 2014 to March 21, 2023.
Earn out description	a) If in any 12 months period April 1 to March 31, earnings before interest, taxes, depreciation and amortization (“EBITDA”) is equal to or the Earn out Period is equal to or less than $10,000,000, Zero Dollars;
	b) If in any 12 months period April 1 to March 31, EBITDA is equal to or the Earn out Period is greater than $10,000,000 but less than $40,000,000, an amount equal to $25,000,000 plus the product of (X) 2.5 and (Y) the amount by which EBITDA exceeds $10,000,000;
	c) If in any 12 months period April 1 to March 31, EBITDA is equal to or the Earn out Period is equal to or greater than $40,000,001, an amount equal to $50,000,000  plus the product of (X) 2.5 and (Y) the amount by which EBITDA exceeds $40,000,001;
Related Party [Member]
Notes Payable (Textual)
Note payable - related party	120,000,000
Number of monthly installments	60
Monthly and quarterly installments	2,000,000
Debt discount	$25,869,262

Note_Payable_Details

Note Payable (Details) (Note Payable, USD $)	Jun. 30, 2014	Mar. 31, 2014
Note Payable
Schedule of Notes Payable [Line Items]
Note payable	$19,625,000	$21,500,000
Less: debt discount	-2,371,482	-2,639,788
Notes payable, net of discounts	17,253,518	18,860,212
Less: current portion	-8,875,000	-9,165,128
Note payable, long term	$8,378,518	$9,695,084

Note_Payable_Details_1

Note Payable (Details 1) (Note Payable, USD $)	Jun. 30, 2014
Note Payable
Schedule of Notes Payable [Line Items]
2015	$8,875,000
2016 to 2017	10,750,000
Total	$19,625,000

Note_Payable_Details_Textual

Note Payable (Details Textual) (USD $)	3 Months Ended		12 Months Ended	0 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Mar. 31, 2014	Mar. 10, 2014
				Installment
Notes Payable (Textual)
Annual interest rate	10.00%
Debt discount	$1,561,769
Interest expense	1,293,463	0
Other current liabilities			2,500,000
Notes Payable			1,875,000
Third Party [Member]
Notes Payable (Textual)
Note payable			21,500,000
Monthly and quarterly installments			2,150,000
Repayments of third party notes	4,375,000
Convertible Notes Payable [Member]
Notes Payable (Textual)
Note payable	19,625,000		21,500,000
Annual interest rate			10.00%
Debt discount	2,683,063
Interest expense	268,306	0
Convertible Notes Payable [Member] | Algo Markets Limited [Member]
Notes Payable (Textual)
Note payable				21,500,000
Number of monthly installments				10
Monthly and quarterly installments				2,150,000
Cash payment to purchase of intellectual property				2,500,000
Convertible Notes Payable [Member] | Algorithms [Member]
Notes Payable (Textual)
Repayments of third party notes				$24,000,000

Stockholders_Equity_Details

Stockholders' Equity (Details) (USD $)	3 Months Ended		1 Months Ended	0 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	19-May-14	Apr. 09, 2014	Apr. 14, 2014	Mar. 31, 2014	Mar. 07, 2014	Jan. 08, 2014
Common stock, shares authorized	750,000,000					750,000,000
Preferred stock, shares authorized	200,000,000					200,000,000
Common stock, par value per share	$0.00					$0.00
Preferred stock, par value per share	$0.00					$0.00
Preferred stock conversion basis	A preferred shares outstanding which are convertible, at the holder's option, into ten (10) shares of the Company's common stock.
Stock payable	$1,755,342					$6,984,364
Preferred Stock, Shares Issued	150,000,000					0
Preferred Stock, Shares Outstanding	150,000,000					0
Common Stock, Shares, Issued	697,646,696					695,000,000
Common Stock, Shares, Outstanding	697,646,696					695,000,000
Proceeds from sale of common stock	15,944,546
Owned subsidiary percentage			65.00%
Singapore Subsidiary [Member]
Owned subsidiary percentage	65.00%						65.00%
Series A Preferred Stock [Member]
Preferred stock conversion basis	Each share of Series A Preferred Stock is convertible, at the holder's option, into ten (10) shares of the Company's common stock, and each share of Series A Preferred Stock entitles the holder to fifty (50) votes for every one vote a holder of one share of the Company's common stock.
Chief Executive Officer [Member]
Owned subsidiary percentage								99.00%
Foreign Investor [Member]
Common stock, par value per share	$0.01
Share price	$8
Stock issued to related party	40,000,000
Stock issued to related party, Shares	5,000,000
Common Stock, Shares, Issued	2,646,696
Preferred Stock [Member]
Preferred stock, shares authorized	200,000,000
Preferred stock, par value per share	$0.01
Share price	$0.01
Common Stock [Member]
Common stock, shares authorized	750,000,000
Common stock, par value per share	$0.01
Stock issued to related party	2,295,000
Proceeds from sale of common stock				695,000	1,600,000
Additional shares, Issued	3,714,286		2,000,000
Additional value, Issued	$3,714,286		$2,000,000

Concentrations_Details

Concentrations (Details) (USD $)	3 Months Ended
	Jun. 30, 2014
	Customer
Concentrations (Textual)
Cash, FDIC insured amount	5,614,939
Accounts Receivable [Member]
Concentrations (Textual)
Concentration risk, Percentage	94.00%
Number of customers	6
Revenues [Member]
Concentrations (Textual)
Concentration risk, Percentage	94.00%
Number of customers	6

Subsequent_Events_Details

Subsequent Events (Details) (Subsequent Event [Member], USD $)	1 Months Ended
	Dec. 19, 2014	Jan. 12, 2015
Algo Markets Limited [Member]
Subsequent Event (Textual)
Stock issued to related party	$80,000,000
Dragon Malaysia Limited [Member]
Subsequent Event (Textual)
Stock issued to related party	80,000,000
Stock issued to related party, Shares	10,000,000
Stock issuance of per share	$8
Cash received for stock subscriptions		$3,967,728