Document_and_Entity_Informatio
Document and Entity Information | 6 Months Ended | |
Sep. 30, 2014 | Nov. 18, 2014 | |
Document and Entity Information | ' | ' |
Entity Registrant Name | 'SECTOR 10 INC | ' |
Document Type | '10-Q | ' |
Document Period End Date | 30-Sep-14 | ' |
Amendment Flag | 'false | ' |
Entity Central Index Key | '0000925661 | ' |
Current Fiscal Year End Date | '--03-31 | ' |
Entity Common Stock, Shares Outstanding | ' | 305,778 |
Entity Filer Category | 'Smaller Reporting Company | ' |
Entity Current Reporting Status | 'Yes | ' |
Entity Voluntary Filers | 'No | ' |
Entity Well-known Seasoned Issuer | 'No | ' |
Document Fiscal Year Focus | '2015 | ' |
Document Fiscal Period Focus | 'Q2 | ' |
CONDENSED_CONSOLIDATED_BALANCE
CONDENSED CONSOLIDATED BALANCE SHEETS (USD $) | Sep. 30, 2014 | Mar. 31, 2014 |
CONDENSED CONSOLIDATED BALANCE SHEETS | ' | ' |
Cash | ' | ' |
Inventory, net | 18,409 | 18,409 |
Total current assets | 18,409 | 18,409 |
Fixed assets -cost | 22,250 | 22,250 |
Less: accumulated depreciation | -22,250 | -22,250 |
Net fixed assets | ' | ' |
Total assets | 18,409 | 18,409 |
Accounts payable and accrued liabilities | 3,867,661 | 4,375,134 |
Note payable - short term | 240,615 | 240,615 |
Total current liabilities | 4,108,276 | 4,615,749 |
Note payable | 483,000 | 483,000 |
Total long term liabilities | 483,000 | 483,000 |
Total liabilities | 4,591,276 | 5,098,749 |
Preferred shares - $0.001 par value; 1,000,000 authorized, no shares issued or outstanding | ' | ' |
Common shares - $0.001 par value; 199,000,000 authorized; 305,778 and 305,778 shares issued and outstanding, respectively | 306 | 306 |
Additional paid-in-capital | 6,148,229 | 6,148,229 |
Deficit accumulated during development stage | -10,721,402 | -11,228,875 |
Total shareholders' equity (deficit) | -4,572,867 | -5,080,340 |
Total liabilities and shareholders' equity (deficit) | $18,409 | $18,409 |
CONDENSED_CONSOLIDATED_BALANCE1
CONDENSED CONSOLIDATED BALANCE SHEETS PARENTHETICAL (USD $) | Sep. 30, 2014 | Mar. 31, 2014 |
CONDENSED CONSOLIDATED BALANCE SHEETS PARENTHETICAL | ' | ' |
Preferred shares par value | $0.00 | $0.00 |
Preferred shares authorized | 1,000,000 | 1,000,000 |
Preferred shares issued | ' | ' |
Preferred shares outstanding | ' | ' |
Common shares par value | $0.00 | $0.00 |
Common shares authorized | 199,000,000 | 199,000,000 |
Common shares issued | 305,778 | 305,778 |
Common shares outstanding | 305,778 | 305,778 |
CONDENSED_CONSOLIDATED_STATEME
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $) | 3 Months Ended | 6 Months Ended | 144 Months Ended | ||
Sep. 30, 2014 | Sep. 30, 2013 | Sep. 30, 2014 | Sep. 30, 2013 | Sep. 30, 2014 | |
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS | ' | ' | ' | ' | ' |
Sales | ' | ' | ' | ' | $18,500 |
Cost of Sales | ' | ' | ' | ' | -18,032 |
Gross Profit | ' | ' | ' | ' | 468 |
General and administrative | 210,010 | 182,363 | 418,107 | 375,823 | 9,864,595 |
Depreciation | ' | ' | ' | ' | 24,106 |
Research and development | ' | ' | ' | ' | 226,108 |
Total expenses | 210,010 | 182,363 | 418,107 | 375,823 | 10,114,809 |
Income (loss) from operations | -210,010 | -182,363 | -418,107 | -375,823 | -10,114,341 |
Interest expense | -62,992 | -66,617 | -123,263 | -114,510 | -1,025,109 |
Other income (expense) | ' | ' | ' | ' | -630,795 |
Net income (loss) before income taxes | -273,002 | -248,980 | -541,370 | -490,333 | -11,770,245 |
Provision for income taxes | ' | ' | ' | ' | ' |
Net income (loss) after income taxes | ($273,002) | ($248,980) | ($541,370) | ($490,333) | ($11,770,245) |
Weighted Average Shares Outstanding - basic and diluted* | 305,778 | 305,778 | 305,778 | 305,778 | ' |
Continuing Operations | ($0.89) | ($0.81) | ($1.77) | ($1.60) | ' |
Net Income (Loss) | ($0.89) | ($0.81) | ($1.77) | ($1.60) | ' |
CONSOLIDATED_STATEMENTS_OF_CAS
CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $) | 6 Months Ended | 144 Months Ended | |
Sep. 30, 2014 | Sep. 30, 2013 | Sep. 30, 2014 | |
CONSOLIDATED STATEMENTS OF CASH FLOWS | ' | ' | ' |
Net income (loss) after income taxes | ($541,370) | ($490,333) | ($11,770,245) |
Stock for services | ' | ' | 5,114,493 |
Depreciation | ' | ' | 24,106 |
Net discount on convertible debt | ' | ' | 206,324 |
Loss due to Impairment / Gain on restructuring | ' | ' | 630,795 |
Changes in inventory and other current assets | ' | ' | -4,869 |
Changes in accounts payable and accrued liabilities | 541,370 | 490,333 | 5,411,798 |
Net cash used in operating activities | ' | ' | -387,598 |
Fixed asset / Other asset purchases | 0 | 0 | -189,541 |
Net cash used in investing activities | ' | ' | -189,541 |
Net Proceeds from general financing | 0 | 0 | 657,500 |
Net Proceeds (payments) from shareholder / officers | 0 | 0 | -113,947 |
Proceeds from issuance of common stock | 0 | 0 | 33,586 |
Net cash provided by financing activities | ' | ' | 577,139 |
Net increase (decrease) in cash | ' | ' | ' |
Beginning of period - continuing operations | ' | ' | ' |
End of period - continuing operations | ' | ' | ' |
Cash paid for interest | 2,000 | ' | 24,295 |
Cash paid for income taxes | ' | ' | ' |
Note_1_Basis_of_Presentation
Note 1 - Basis of Presentation | 6 Months Ended |
Sep. 30, 2014 | |
Notes | ' |
Note 1 - Basis of Presentation | ' |
Note 1 - BASIS OF PRESENTATION | |
The accompanying unaudited consolidated condensed financial statements of Sector 10, Inc. (“Sector 10” or the “Company”), have been prepared in accordance with accounting principles generally accepted in the United States of America for interim financial information and with the instructions to Form 10-Q and required by Rule 10-01 of Regulation S-X. They do not include all of the information and footnotes required by accounting principles generally accepted in the United States of America for complete financial statements. In the opinion of management, all adjustments, consisting only of normal recurring adjustments, considered necessary for a fair presentation, have been included in the accompanying unaudited consolidated financial statements. Operating results for the periods presented are not necessarily indicative of the results that may be expected for the full year. |
Note_2_Inventory
Note 2 - Inventory | 6 Months Ended |
Sep. 30, 2014 | |
Notes | ' |
Note 2 - Inventory | ' |
Note 2 – INVENTORY | |
There were no sales in the six month period ended September 30, 2014. Therefore, total inventory remains at $18,409 for the six month period ended September 30, 2014. The carrying value of inventory is periodically reviewed and impairments, if any, are recognized when the expected future benefit from the inventory is less than its carrying value. If applicable, the Company will establish inventory reserves for estimated obsolescence or unmarketable inventory which is equal to the difference between the cost of inventory and the estimated market value based upon assumptions about future demand and market conditions. For the six month period ended September 30, 2014, the Company has a reserve of $12,491. | |
Note_3_Notes_Payable
Note 3 - Notes Payable | 6 Months Ended | ||||||
Sep. 30, 2014 | |||||||
Notes | ' | ||||||
Note 3 - Notes Payable | ' | ||||||
Note 3 – NOTES PAYABLE | |||||||
Johnson Financing | |||||||
The interest accrued for the six month period ended September 30, 2014 was $5,197 based on the rate agreed in the litigation settlement reached on November 14, 2013. The rate for accrued interest has been increased from an annual rate of 6% to an annual rate of 12%. | |||||||
Dutro Financing: | |||||||
The contingent reserve - interest includes all interest accrued on the Dutro Company note and all interest accrued after July 1, 2010 for the Vicki Davis and William Dutro note. Interest accrued during the six month period ended September 30, 2014 was $18,112 comprised of Dutro Company - $9,374, Vick Davis - $6,300 and William Dutro - $2,438. Total contingent reserve - interest for the period ended September 30, 2014 is $170,841 comprised of Dutro Company - $96,572, Vick Davis - $53,550 and William Dutro - $ 20,719. | |||||||
Employee Agreement: | |||||||
The financial statements reflect an accrual of interest on unpaid wages and other compensation in the amount of $475,180 of which $93,794 is accrued during the six month period ended September 30, 2014. | |||||||
Other Notes | |||||||
Individuals – short term | |||||||
Total interest accrued as of September 30, 2014 was $28,493 of which $3,560 was accrued during the six month period ended September 30, 2014. | |||||||
Asher Enterprises, Inc. | |||||||
The Company entered into multiple financing transactions with Asher Enterprises, Inc. to raise capital for Company operations. Each transaction was structured as a Convertible Debenture due 9 months after the issue accruing interest at an annual rate of 8% | |||||||
Total interest accrued (without discount amortization) as of September 30, 2014 was $23,902 of which $2,600 was accrued during the six month period ended September 30, 2014. The current period interest of $2,600 is included as part of other interest. | |||||||
Summary of Interest and Notes Payable | |||||||
September 30, 2014 | September 30, 2013 | ||||||
Interest expense | |||||||
Interest – Johnson | 5,197 | 18,843 | |||||
Interest – Dutro Group | 18,112 | 18,112 | |||||
Interest - Employee Group | 93,794 | 71,394 | |||||
Interest – Other Notes | 6,160 | 6,161 | |||||
Total interest expense | $ | 123,263 | $ | 114,510 | |||
September 30, 2014 | March 31, 2014 | ||||||
Note Payable Balance | |||||||
Edward Johnson – Johnson Financing | $ | 86,615 | $ | 86,615 | |||
Patrick Madison – Other Notes | 20,000 | 20,000 | |||||
Lionel Brown – Other Notes | 20,000 | 20,000 | |||||
Patricia Fielding – Other Notes | 22,000 | 22,000 | |||||
Mark Madison – Other Notes | 10,000 | 10,000 | |||||
Richard Long – Other Notes | 17,000 | 17,000 | |||||
Asher Enterprises, Inc. – Other Notes | 65,000 | 65,000 | |||||
Total Note Payable – short term | $ | 240,615 | $ | 240,615 | |||
Vicki Davis - Dutro Group | $ | 168,000 | $ | 168,000 | |||
William Dutro – Dutro Group | 65,000 | 65,000 | |||||
Dutro Company – Dutro Group | 250,000 | 250,000 | |||||
Total Note Payable – long term | $ | 483,000 | $ | 483,000 | |||
Total Notes Payable | $ | 723,615 | $ | 723,615 | |||
Debt Maturity Schedule | |||||||
As of September 30, 2013, the annual maturities for notes payable is scheduled as follows: | |||||||
Fiscal Year | Amount | ||||||
31-Mar-15 | $ | 723,615 | |||||
Total | $ | 723,615 | |||||
Note_4_Equity
Note 4 - Equity | 6 Months Ended |
Sep. 30, 2014 | |
Notes | ' |
Note 4 - Equity | ' |
Note 4 – EQUITY | |
During the Quarter ended: June 30, 2014: | |
No equity transactions occurred in the period ended June 30, 2014. | |
During the Quarter ended: September 30, 2014: | |
No equity transactions occurred in the period ended September 30, 2014. | |
Note_5_Going_Concern
Note 5 - Going Concern | 6 Months Ended |
Sep. 30, 2014 | |
Notes | ' |
Note 5 - Going Concern | ' |
Note 5 – GOING CONCERN | |
The Company generated minimal revenues prior to the current fiscal year. No revenues were generated for the six month period ended September 30, 2014. This level of revenues is not sufficient for the Company to meet its future obligations. This factor raises substantial doubt about the Company’s ability to continue as a going concern. | |
The Company is in the midst of the Dutro litigation and other litigation. The litigation has hindered the operation of the Company and have set back the ability to raise capital and develop ongoing business. The Company is in the process of restructuring the business in order to continue forward as a going concern. It is expected that the restructuring will be completed after the current litigation is completed. After the restructuring is completed, revenues are not expected to be generated at the earliest by the end of the year ended March 31, 2015. |
Note_6_Income_Tax
Note 6 - Income Tax | 6 Months Ended |
Sep. 30, 2014 | |
Notes | ' |
Note 6 - Income Tax | ' |
Note 6 - INCOME TAX | |
Income taxes are accounted for using the asset and liability method. Deferred taxes are provided on a liability method whereby deferred tax assets are recognized for deductible temporary differences and operating loss and tax credit carryforwards and deferred tax liabilities are recognized for taxable temporary differences. Temporary differences are the differences between the reported amounts of assets and liabilities and their tax bases. Deferred tax assets are reduced by a valuation allowance when, in the opinion of management, it is more likely than not that some portion or all of the deferred tax assets will not be realized. Deferred tax assets and liabilities are adjusted for the effects of changes in tax laws and rates on the date of enactment. | |
The Company’s financial statements for the six month period ended September 30, 2014 and 2013 do not include any provision for income taxes. No income tax accrual has been recorded based on the expectation that the Company will be in a net loss position for the overall applicable fiscal year. Accordingly, deferred tax assets have been entirely offset by valuation allowances. The difference between the amounts of income tax benefit that would result from applying domestic federal statutory income tax rates to the net loss and the net deferred tax assets is related to certain nondeductible expenses, state income taxes, and the change in the valuation allowance. | |
The Financial Accounting Standards Board ("FASB") has issued ASC 740 for Accounting for Income Taxes that clarifies the accounting for uncertainty in income taxes recognized in an enterprise's financial statements. ASC 740 requires a company to determine whether it is more likely than not that a tax position will be sustained upon examination based upon the technical merits of the position. If the more-likely-than-not threshold is met, a company must measure the tax position to determine the amount to recognize in the financial statements. As a result of the implementation of ASC 740, the Company performed a review of its material tax positions in accordance with recognition and measurement standards established by ASC 740. | |
The Company had no unrecognized tax benefit which would affect the effective tax rate if recognized. | |
The Company includes interest and penalties arising from the underpayment of income taxes in the consolidated statements of operations in the provision for income taxes. As of September 30, 2014 the Company had no accrued interest or penalties related to uncertain tax positions. | |
The Company files income tax returns in the U.S. federal jurisdiction and in the states of Delaware, Utah and any other jurisdiction where required. With few exceptions, the Company is no longer subject to U.S. federal, state and local, or non-U.S. income tax examinations by tax authorities for years before 2011. |
Note_7_Subsequent_Events
Note 7 - Subsequent Events | 6 Months Ended |
Sep. 30, 2014 | |
Notes | ' |
Note 7 - Subsequent Events | ' |
Note 7 – SUBSEQUENT EVENTS | |
The Company has evaluated subsequent events per the requirements of ASC Topic 855 and has determined that the following events should be disclosed. | |
1) Litigation involving various parties continues and is expected to continue for the foreseeable future. The impact of the issues surrounding the litigation impact the Company’s ability to obtain funding needed to operate the Company according to their strategic plans. |
Note_6_Income_Tax_Income_Tax_P
Note 6 - Income Tax: Income Tax, Policy (Policies) | 6 Months Ended |
Sep. 30, 2014 | |
Policies | ' |
Income Tax, Policy | ' |
Income taxes are accounted for using the asset and liability method. Deferred taxes are provided on a liability method whereby deferred tax assets are recognized for deductible temporary differences and operating loss and tax credit carryforwards and deferred tax liabilities are recognized for taxable temporary differences. Temporary differences are the differences between the reported amounts of assets and liabilities and their tax bases. Deferred tax assets are reduced by a valuation allowance when, in the opinion of management, it is more likely than not that some portion or all of the deferred tax assets will not be realized. Deferred tax assets and liabilities are adjusted for the effects of changes in tax laws and rates on the date of enactment. | |
The Company’s financial statements for the six month period ended September 30, 2014 and 2013 do not include any provision for income taxes. No income tax accrual has been recorded based on the expectation that the Company will be in a net loss position for the overall applicable fiscal year. Accordingly, deferred tax assets have been entirely offset by valuation allowances. The difference between the amounts of income tax benefit that would result from applying domestic federal statutory income tax rates to the net loss and the net deferred tax assets is related to certain nondeductible expenses, state income taxes, and the change in the valuation allowance. | |
The Financial Accounting Standards Board ("FASB") has issued ASC 740 for Accounting for Income Taxes that clarifies the accounting for uncertainty in income taxes recognized in an enterprise's financial statements. ASC 740 requires a company to determine whether it is more likely than not that a tax position will be sustained upon examination based upon the technical merits of the position. If the more-likely-than-not threshold is met, a company must measure the tax position to determine the amount to recognize in the financial statements. As a result of the implementation of ASC 740, the Company performed a review of its material tax positions in accordance with recognition and measurement standards established by ASC 740. | |
The Company had no unrecognized tax benefit which would affect the effective tax rate if recognized. | |
The Company includes interest and penalties arising from the underpayment of income taxes in the consolidated statements of operations in the provision for income taxes. As of September 30, 2014 the Company had no accrued interest or penalties related to uncertain tax positions. | |
The Company files income tax returns in the U.S. federal jurisdiction and in the states of Delaware, Utah and any other jurisdiction where required. With few exceptions, the Company is no longer subject to U.S. federal, state and local, or non-U.S. income tax examinations by tax authorities for years before 2011. |
Note_3_Notes_Payable_Summary_o
Note 3 - Notes Payable: Summary of Interest Expense (Tables) | 6 Months Ended | ||||||
Sep. 30, 2014 | |||||||
Tables/Schedules | ' | ||||||
Summary of Interest Expense | ' | ||||||
September 30, 2014 | September 30, 2013 | ||||||
Interest expense | |||||||
Interest – Johnson | 5,197 | 18,843 | |||||
Interest – Dutro Group | 18,112 | 18,112 | |||||
Interest - Employee Group | 93,794 | 71,394 | |||||
Interest – Other Notes | 6,160 | 6,161 | |||||
Total interest expense | $ | 123,263 | $ | 114,510 |
Note_3_Notes_Payable_Schedule_
Note 3 - Notes Payable: Schedule Of Debt Table TextBlock (Tables) | 6 Months Ended | |||||
Sep. 30, 2014 | ||||||
Tables/Schedules | ' | |||||
Schedule Of Debt Table TextBlock | ' | |||||
September 30, 2014 | March 31, 2014 | |||||
Note Payable Balance | ||||||
Edward Johnson – Johnson Financing | $ | 86,615 | $ | 86,615 | ||
Patrick Madison – Other Notes | 20,000 | 20,000 | ||||
Lionel Brown – Other Notes | 20,000 | 20,000 | ||||
Patricia Fielding – Other Notes | 22,000 | 22,000 | ||||
Mark Madison – Other Notes | 10,000 | 10,000 | ||||
Richard Long – Other Notes | 17,000 | 17,000 | ||||
Asher Enterprises, Inc. – Other Notes | 65,000 | 65,000 | ||||
Total Note Payable – short term | $ | 240,615 | $ | 240,615 | ||
Vicki Davis - Dutro Group | $ | 168,000 | $ | 168,000 | ||
William Dutro – Dutro Group | 65,000 | 65,000 | ||||
Dutro Company – Dutro Group | 250,000 | 250,000 | ||||
Total Note Payable – long term | $ | 483,000 | $ | 483,000 | ||
Total Notes Payable | $ | 723,615 | $ | 723,615 |
Note_3_Notes_Payable_Schedule_1
Note 3 - Notes Payable: Schedule of maturities of notes payable (Tables) | 6 Months Ended | ||
Sep. 30, 2014 | |||
Tables/Schedules | ' | ||
Schedule of maturities of notes payable | ' | ||
Fiscal Year | Amount | ||
31-Mar-15 | $ | 723,615 | |
Total | $ | 723,615 | |
Note_2_Inventory_Details
Note 2 - Inventory (Details) (USD $) | Sep. 30, 2014 | Mar. 31, 2014 |
Details | ' | ' |
Inventory, net | $18,409 | $18,409 |
Inventory Valuation Reserves | $12,491 | ' |
Note_3_Notes_Payable_Details
Note 3 - Notes Payable (Details) (USD $) | 3 Months Ended | 6 Months Ended | 144 Months Ended | ||
Sep. 30, 2014 | Sep. 30, 2013 | Sep. 30, 2014 | Sep. 30, 2013 | Sep. 30, 2014 | |
Interest expense | $62,992 | $66,617 | $123,263 | $114,510 | $1,025,109 |
Total Contingent Reserve -Interest | 170,841 | ' | 170,841 | ' | 170,841 |
DutroCompanyDutroGroupMember | ' | ' | ' | ' | ' |
Total Contingent Reserve -Interest | 96,572 | ' | 96,572 | ' | 96,572 |
VickiDavisDutroGroupMember | ' | ' | ' | ' | ' |
Total Contingent Reserve -Interest | 53,550 | ' | 53,550 | ' | 53,550 |
WilliamDutroDutroGroupMember | ' | ' | ' | ' | ' |
Total Contingent Reserve -Interest | 20,719 | ' | 20,719 | ' | 20,719 |
Johnson | ' | ' | ' | ' | ' |
Interest expense | ' | ' | 5,197 | 18,843 | ' |
Dutro Group | ' | ' | ' | ' | ' |
Interest expense | ' | ' | 18,112 | 18,112 | ' |
Dutro Group | DutroCompanyDutroGroupMember | ' | ' | ' | ' | ' |
Interest expense | ' | ' | 9,374 | ' | ' |
Dutro Group | VickiDavisDutroGroupMember | ' | ' | ' | ' | ' |
Interest expense | ' | ' | 6,300 | ' | ' |
Dutro Group | WilliamDutroDutroGroupMember | ' | ' | ' | ' | ' |
Interest expense | ' | ' | $2,438 | ' | ' |
Note_3_Notes_Payable_Employee_
Note 3 - Notes Payable: Employee Agreement (Details) (USD $) | 3 Months Ended | 6 Months Ended | 144 Months Ended | ||
Sep. 30, 2014 | Sep. 30, 2013 | Sep. 30, 2014 | Sep. 30, 2013 | Sep. 30, 2014 | |
Interest expense | $62,992 | $66,617 | $123,263 | $114,510 | $1,025,109 |
Employee Group | ' | ' | ' | ' | ' |
Employee-related Liabilities | 475,180 | ' | 475,180 | ' | 475,180 |
Interest expense | ' | ' | $93,794 | $71,394 | ' |
Note_3_Notes_Payable_Other_Not
Note 3 - Notes Payable: Other Notes (Details) (USD $) | 3 Months Ended | 6 Months Ended | 144 Months Ended | ||
Sep. 30, 2014 | Sep. 30, 2013 | Sep. 30, 2014 | Sep. 30, 2013 | Sep. 30, 2014 | |
Interest expense | $62,992 | $66,617 | $123,263 | $114,510 | $1,025,109 |
AsherEnterprisesIncOtherNotesMember | ' | ' | ' | ' | ' |
Interest Payable | 23,902 | ' | 23,902 | ' | 23,902 |
Interest expense | ' | ' | 2,600 | ' | ' |
Other Notes | ' | ' | ' | ' | ' |
Interest Payable | 28,493 | ' | 28,493 | ' | 28,493 |
Interest expense | ' | ' | $3,560 | ' | ' |
Note_3_Notes_Payable_Summary_o1
Note 3 - Notes Payable: Summary of Interest Expense (Details) (USD $) | 3 Months Ended | 6 Months Ended | 144 Months Ended | ||
Sep. 30, 2014 | Sep. 30, 2013 | Sep. 30, 2014 | Sep. 30, 2013 | Sep. 30, 2014 | |
Interest expense | $62,992 | $66,617 | $123,263 | $114,510 | $1,025,109 |
Johnson | ' | ' | ' | ' | ' |
Interest expense | ' | ' | 5,197 | 18,843 | ' |
Dutro Group | ' | ' | ' | ' | ' |
Interest expense | ' | ' | 18,112 | 18,112 | ' |
Employee Group | ' | ' | ' | ' | ' |
Interest expense | ' | ' | 93,794 | 71,394 | ' |
AsherAndOtherMember | ' | ' | ' | ' | ' |
Interest expense | ' | ' | $6,160 | $6,161 | ' |
Note_3_Notes_Payable_Schedule_2
Note 3 - Notes Payable: Schedule Of Debt Table TextBlock (Details) (USD $) | Sep. 30, 2014 | Mar. 31, 2014 |
Note payable - short term | $240,615 | $240,615 |
Note payable | 483,000 | 483,000 |
Notes Payable | 723,615 | 723,615 |
EdwardJohnsonJohnsonFinancingMember | ' | ' |
Note payable - short term | 86,615 | 86,615 |
PatrickMadisonOtherNotesMember | ' | ' |
Note payable - short term | 20,000 | 20,000 |
LionelBrownOtherNotesMember | ' | ' |
Note payable - short term | 20,000 | 20,000 |
PatriciaFieldingOtherNotesMember | ' | ' |
Note payable - short term | 22,000 | 22,000 |
MarkMadisonOtherNotesMember | ' | ' |
Note payable - short term | 10,000 | 10,000 |
RichardLongOtherNotesMember | ' | ' |
Note payable - short term | 17,000 | 17,000 |
AsherEnterprisesIncOtherNotesMember | ' | ' |
Note payable - short term | 65,000 | 65,000 |
VickiDavisDutroGroupMember | ' | ' |
Note payable | 168,000 | 168,000 |
WilliamDutroDutroGroupMember | ' | ' |
Note payable | 65,000 | 65,000 |
DutroCompanyDutroGroupMember | ' | ' |
Note payable | $250,000 | $250,000 |
Note_3_Notes_Payable_Schedule_3
Note 3 - Notes Payable: Schedule of maturities of notes payable (Details) (USD $) | Sep. 30, 2014 | Mar. 31, 2014 |
Details | ' | ' |
Long-term Debt, Maturities, Repayments of Principal, Remainder of Fiscal Year | $723,615 | ' |
Notes Payable | $723,615 | $723,615 |