Sustainable Environmental Technologies (RGBLV) 10-Q 19 Nov 13 2014 Q2 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	6 Months Ended
	Sep. 30, 2013	Nov. 19, 2013
Document And Entity Information	'	'
Entity Registrant Name	'Sustainable Environmental Technologies Corp	'
Entity Central Index Key	'0000932136	'
Document Type	'10-Q	'
Document Period End Date	30-Sep-13	'
Amendment Flag	'false	'
Current Fiscal Year End Date	'--03-31	'
Is Entity a Well-known Seasoned Issuer?	'No	'
Is Entity a Voluntary Filer?	'No	'
Is Entity's Reporting Status Current?	'Yes	'
Entity Filer Category	'Smaller Reporting Company	'
Entity Common Stock, Shares Outstanding	'	65,570,296
Document Fiscal Period Focus	'Q2	'
Document Fiscal Year Focus	'2014	'

CONSOLIDATED_BALANCE_SHEETS_Un

CONSOLIDATED BALANCE SHEETS (Unaudited) (USD $)	Sep. 30, 2013	Mar. 31, 2013
Current assets:	'	'
Cash and cash equivalents	$174,543	$63,767
Accounts receivable, net of allowance for doubtful accounts of $6,000 and $6,000, respectively	245,327	428,853
Prepaids and other current assets	74,292	51,870
Deferred tax asset	42,279	42,279
Total current assets	536,441	586,769
Property and equipment, net	9,622,538	9,937,616
Other assets	170,742	110,742
Intangible assets, net	86,818	101,248
Goodwill	66,188	66,188
Deferred tax assets, long-term	512,681	512,681
Total Assets	10,995,408	11,315,244
Current liabilities:	'	'
Accounts payable	1,124,987	3,346,572
Accrued salaries, wages, and related party consulting fees	30,967	71,010
Accrued liabilities	143,457	263,962
Notes payable	81,707	61,877
Total current liabilities	1,381,118	3,743,421
Related party convertible notes payable, long-term, net of discount of $0 and $134,082, respectively	0	1,170,584
Related party Notes payable	0	2,300,000
Other long-term liabilities	39,014	112,548
Total liabilities	1,420,132	7,326,553
Commitments and Contingencies (Note 9)	'	'
Stockholders' Equity (Deficit):	'	'
Preferred stock, $0.001 par value, 10,000,000 shares authorized; 4,582,827 issued at September 30, 2013 and March 31, 2013, none outstanding	0	0
Common stock, $0.001 par value, 100,000,000 shares authorized; 65,570,296 and 17,120,358 issued and outstanding at September 30, 2013 and March 31, 2013, respectively	65,570	17,121
Additional paid-in capital	16,802,104	7,259,074
Accumulated deficit	-7,292,398	-3,287,504
Total stockholders' equity	9,575,276	3,988,691
Total Liabilities and Stockholders' Equity	$10,995,408	$11,315,244

CONSOLIDATED_BALANCE_SHEETS_Un1

CONSOLIDATED BALANCE SHEETS (Unaudited) (Parenthetical) (USD $)	Sep. 30, 2013	Mar. 31, 2013
Statement of Financial Position [Abstract]	'	'
Allowance for doubtful accounts (in Dollars)	$6,000	$6,000
Discount on related party convertible notes payable, long-term (in Dollars)	$0	$134,082
Preferred stock par value (in Dollars per share)	$0.00	$0.00
Preferred stock shares authorized	10,000,000	10,000,000
Preferred stock shares issued	4,582,827	4,582,827
Preferred stock shares outstanding	0	0
Common stock par value (in Dollars per share)	$0.00	$0.00
Common stock shares authorized	100,000,000	100,000,000
Common stock shares issued	65,570,296	17,120,358
Common stock shares outstanding	65,570,296	17,120,358

CONSOLIDATED_STATEMENTS_OF_INC

CONSOLIDATED STATEMENTS OF INCOME (Unaudited) (USD $)	3 Months Ended		6 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Revenues:	'	'	'	'
Water processing	$443,602	$797,367	$958,894	$1,592,401
Reclaimed oil	218,175	102,124	270,480	290,295
Total revenues	661,777	899,491	1,229,374	1,882,696
Cost of revenues:	'	'	'	'
Water processing	392,149	260,397	926,009	498,065
Reclaimed oil	66,155	43,031	99,146	83,277
Total cost of revenues	458,304	303,428	1,025,155	581,342
Gross profit	203,473	596,063	204,219	1,301,354
Operating expenses:	'	'	'	'
General and administrative	398,463	529,280	835,343	1,217,848
Total operating expenses	398,463	529,280	835,343	1,217,848
Operating income (loss)	-194,990	66,783	-631,124	83,506
Other income (expense):	'	'	'	'
Interest income	62	753	99	1,354
Interest expense	-3,576	-51,048	-3,371,229	-106,007
Change in fair value of derivative liability	0	30,260	0	115,409
Other, net	0	0	0	15,444
Total other income (expense), net	-3,514	-20,035	-3,371,130	26,200
Income (loss) before provision for income taxes	-198,504	46,748	-4,002,254	109,706
Provision for income taxes	240	80,000	2,640	138,000
Net income (loss)	($198,744)	($33,252)	($4,004,894)	($28,294)
Basic and diluted net income (loss) available to common shareholders	'	'	'	'
Net loss	$0	$0	($0.07)	$0
Weighted average shares - basic	65,565,405	16,795,779	57,100,767	16,661,072
Weighted average shares - diluted	65,565,405	16,795,779	57,100,767	16,661,072

CONSOLIDATED_STATEMENTS_OF_CAS

CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) (USD $)	6 Months Ended
	Sep. 30, 2013	Sep. 30, 2012
Cash flows from operating activities:	'	'
Net loss	($4,004,894)	($28,294)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:	'	'
Amortization of debt discounts related to beneficial conversion features and warrants	134,082	58,481
Fair value of stock issued in excess of notes payable converted	3,227,692	0
Income tax provision	0	130,000
Loss on disposal of assets	0	27,820
Change in fair value of derivative liabilities	0	-115,409
Depreciation and amortization	322,553	110,980
Stock-based compensation	70,170	459,735
Gain on settlement and extinguishment of accounts payable	0	-43,165
Change in operating assets and liabilities:	'	'
Accounts receivable	183,526	-101,013
Prepaid expenses	38,871	566,999
Accounts payable	-2,014,006	-46,080
Accrued liabilities	-155,131	-75,688
Income taxes payable	0	8,000
Net cash provided by (used in) operating activities	-2,197,137	952,366
Cash flows from investing activities:	'	'
Purchase of property and equipment	-190,624	-3,171,124
Other assets	-60,000	0
Net cash used in investing activities	-250,624	-3,171,124
Cash flows from financing activities:	'	'
Proceeds from sale of common stock	2,000,000	0
Proceeds from related party notes payable	600,000	721,403
Payments on related party convertible note payable	0	-175,449
Payments on notes payable	-41,463	-48,542
Net cash provided by (used in) financing activities	2,558,537	497,412
Net increase (decrease) in cash	110,776	-1,721,346
Cash - beginning of period	63,767	1,913,727
Cash - ending of period	174,543	192,381
Cash paid during the period for:	'	'
Interest	5,416	43,465
Income taxes	2,640	0
Non-cash investing and financing activities:	'	'
Purchase of equipment with note payable	0	1,335,240
Issuance of common stock in connection with convertible debt and accrued interest	$4,293,617	$0

1_Organization_History_and_Sig

1. Organization, History and Significant Accounting Policies and Procedures	6 Months Ended
	Sep. 30, 2013
Organization, Consolidation and Presentation of Financial Statements [Abstract]	'
Note 1. Organization, History and Significant Accounting Policies and Procedures	'
	Organization and History
	Sustainable Environmental Technologies Corporation (the “Company” or “SETS” or “SET Corp”) is a company dedicated to responsible resource utilization through the strategic balance of environmental, societal and economic growth. SET Corp is setting the standard for responsible principles of sustainable development. These steadfast values are evident through patented technologies and strategic acquisitions, which solve environmental issues with an economic advantage. SET Corp limits their customer’s environmental impact while conserving valuable and diminishing resources that are essential to future generations.
	Current and future services include, and are expected to include innovative eco-technologies that provide patented treatment, recovery, reclamation and re-injection services for produced water (associated with the oil and gas industry) and complete sustainable energy solutions that bridge the gap between existing energy inefficient buildings and the sustainable development and design needs of tomorrow.
	In addition to these areas of expertise, SET Corp provides customized services that include design, construction management, operation and maintenance services, and equipment manufacturing for industrial and municipal sectors.
	On July 26, 2013, the board of directors of the Company were notified by HJG Holdings, LLC, a California limited liability company (“HJG”), a company majority owned by Horst Geicke, that HJG intended to merge the Company into HJG, utilizing a short-form merger in accordance with the California Corporations Code (the “Merger”). On November 7, 2013, we filed a Form 8-K with the Securities and Exchange Commission (“SEC”) to report that on October 28, 2013 the Company and HJG entered into an agreement of merger, (“Agreement of Merger”), due to HJG’s beneficial ownership of over 90% of the issued and outstanding common stock of the Company.
	On October 28, 2013, our board of directors reviewed the terms and conditions of the Agreement of Merger via unanimous written consent, and believe them to be fair and reasonable and in the best interest of the Company, and its shareholders. The board of directors of the Company based its determination on several factors including but not limited to the overall fairness of the transaction, the specific terms of the Agreement of Merger, and a valuation analysis that was prepared by an independent appraiser. Although the valuation analysis valued the stock at $0.0519 per share, the board of directors vigorously negotiated with HJG for the $0.11 price.
	Pursuant to the Agreement of Merger, HJG and the Company shall perform the Merger and cash out the remaining shareholders of the Company at $0.11 per share utilizing a payment agent. After the Merger, HJG as the surviving entity shall assume and succeed to the assets, rights, properties, privileges, powers, immunities, liabilities, and obligations of the Company pursuant to the terms and conditions of the Agreement of Merger.
	Our board of directors set the record date as November 7, 2013, in order to determine the Company’s shareholders entitled to receive notice of the Merger. Such shareholders shall be sent notice of the Merger on or before November 20, 2013, which notice shall include a copy of the Agreement of Merger, a letter of transmittal from the payment agent with the payment agent’s contact information and information regarding the exchange, delivery and surrender of the shares of common stock of the Company, and information regarding dissenters rights applicable to shareholders of record pursuant to California Corporations Code section 1301(a). We anticipate that after the 20-day waiting period after the mailing of the notice to the shareholders of record, the Merger shall become effective on or after December 11, 2013 (the “Effective Date”). After such Effective Date, we shall deregister our shares of common stock with the SEC by filing a Form 15, and by taking all further actions to remove the ticker symbol from trading with the Financial Industry Regulatory Authority (“FINRA”) and the over the counter (“OTC”) markets.
	The cash out of the outstanding shares of common stock of the Company as referred to pursuant to the Merger has not yet commenced, thus inclusion of this information is neither an offer to purchase nor a solicitation of an offer to sell any securities. On the Effective Date, the Company will file a Form 8-K with the SEC to report the removal of the ticker symbol and trading from FINRA and the OTC Markets.
	Management’s Plans
	As shown in the accompanying consolidated financial statements, during the six months ended September 30, 2013, we incurred an operating loss before income taxes of $4,002,254.  As of September 30, 2013, we had a working capital deficit of $844,677. In addition, operations are primarily concentrated with three customers, one which represented 36%, one which represented 17%, and one which represented 12% of total revenues. During the six months ended September 30, 2013, we used cash flows in operations of $2,197,137. The net loss during the six months ended September 30, 2013 was primarily due to a 35% decrease in revenue due to a 72% decrease in sales with our majority water processing customer. During the six months ended September 30, 2013, we funded operations through cash flows generated from the ProWater segment and sales of common stock. In fiscal 2014, we intend to fund operations and pay down liabilities through cash on hand and the positive cash flow being generated by the Pro Water segment. In addition, we intend to continue to negotiate the settlement of liabilities. The Company has converted over $3,600,000 of debt into stock and its majority shareholder has committed to $2,600,000 in a stock purchase agreement of which $2,600,000 has been received and has been used to decrease ProWater Colorado payables from approximately $3,000,000 to $880,000.
	If current and projected revenue growth does not meet Management estimates, the Management may choose to raise additional capital through debt and/or equity transactions, renegotiate current convertible debt obligations, reduce certain overhead costs through the deferral of salaries and other means, and settle liabilities through negotiation. Currently, we cannot provide assurance that such financing will be available to us on favorable terms, or at all. If, after utilizing the existing sources of capital available to us, further capital needs are identified and if we are not successful in obtaining the financing, we may be forced to curtail our existing or planned future operations. If the Merger goes through, HJG will invest capital to fund the operations of the Company and if it does not, the Company will fund operations through the cash flow from the operations of the ProWater segment and other methods discussed above. We believe our plans will enable us to continue for a period in excess of one year from the date of the most recent balance sheet. The Company currently has $146,831 in cash on hand and is expected to fund operations for a period of at least one year with revenue generated from the ProWater segment and other methods discussed above.

2_Accounting_Policies_and_Basi

2. Accounting Policies and Basis of Presentation	6 Months Ended
	Sep. 30, 2013
Accounting Policies [Abstract]	'
Note 2. Accounting Policies and Basis of Presentation	'
	The consolidated financial statements included herein, presented in accordance with United States generally accepted accounting principles and stated in US dollars, have been prepared by the Company, without audit, pursuant to the rules and regulations of the Securities and Exchange Commission (“SEC”). Certain information and footnote disclosures normally included in financial statements prepared in accordance with generally accepted accounting principles have been condensed or omitted pursuant to such rules and regulations, although the Company believes that the disclosures are adequate to make the information presented not misleading.
	These statements reflect all adjustments, consisting of normal recurring adjustments, which, in the opinion of management, are necessary for fair presentation of the information contained therein. It is suggested that these consolidated interim financial statements be read in conjunction with the consolidated financial statements and notes thereto for SET Corp for the year ended March 31, 2013 included in SET Corp’s Annual Report on Form 10-K. The consolidated financial statements for the three and six months ended September 30, 2013 are not necessarily indicative of the results expected for the year ending March 31, 2014.
	Consolidation
	The consolidated financial statements include the assets, liabilities and operating results of the Company and its wholly-owned subsidiaries, Pro Water, LLC, a Utah limited liability company ("Pro Water Utah"), ProWater, LLC, a Colorado limited liability company ("ProWater Colorado"), and SET IP Holdings LLC, a Utah limited liability company ("Set IP"), after elimination of all material inter-company accounts and transactions.
	Estimates
	The preparation of financial statements in conformity with generally accepted accounting principles 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 financial statements and the reported amounts of revenue and expenses during the reporting period. Significant estimates include the valuation of derivatives, equity instruments such as options and warrants, and provision for income taxes. Actual results could differ from those estimates.
	Fair Value of Financial Instruments
	Effective October 1, 2009, the Company adopted Accounting Standards Codification ("ASC") 825 Fair Value Measurements and Disclosures, except as it applies to the nonfinancial assets and nonfinancial liabilities subject to ASC 825. ASC 825 clarifies that fair value is an exit price, representing the amount that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants. As such, fair value is a market-based measurement that should be determined based on assumptions that market participants would use in pricing an asset or a liability. As a basis for considering such assumptions, ASC 825 establishes a three-tier value hierarchy, which prioritizes the inputs used in the valuation methodologies in measuring fair value:
	Level 1 - Observable inputs that reflect quoted prices (unadjusted) for identical assets or liabilities in active markets.
	Level 2 - Include other inputs that are directly or indirectly observable in the marketplace.
	Level 3 - Unobservable inputs which are supported by little or no market activity.
	Fair-value estimates discussed herein are based upon certain market assumptions and pertinent information available to management as of September 30, 2013 and March 31, 2013. The respective carrying value of certain on-balance-sheet financial instruments approximated their fair values. These financial instruments include cash, prepaids, accounts payable, accrued liabilities, and notes payable. Fair values for these items were assumed to approximate carrying values because of their short term nature or because they are payable on demand.
	Concentrations
	Credit Risk
	At times, the Company maintains cash balances at a financial institution in excess of the $250,000 FDIC insurance limit. In addition, at times the Company extends credit to customers in the normal course of business, after an evaluation of the credit worthiness. The Company does not expect to take any unnecessary credit risks causing significant write-offs of potentially uncollectible accounts. The Company also maintains reserves for potential credit losses. The Company considers the following factors when determining if collection of a fee is reasonably assured: customer credit-worthiness, past transaction history with the customer, current economic industry trends and changes in customer payment terms.
	Customer
	The geographic location of the injection well is a direct factor with relation to the radius of customers’ wells that can be economically serviced. While there are several key factors to obtaining new business, the ratio of available business per customer is based solely on the number of wells the customer has within the serviceable radius of the injection well. As new gas wells are developed within the serviceable radius of the well, the ratio of customers to percentage of business will decrease. Until new wells are developed, the expected customer to business ratio is not expected to change. During the three months ended September 30, 2013 and 2012, the Company had five (5) and two (2) customers that accounted for approximately 86% and 98% of its revenue, respectively. During the six months ended September 30, 2013, the Company had three (3) customers that accounted for approximately 65% of its revenue and four (4) customers that accounted for 83% of its accounts receivable at September 30, 2013. During the six months ended September 30, 2012, the Company had two (2) customers that accounted for approximately 97% of its revenue and one (1) customer that accounted for 90% of its accounts receivable at September 30, 2012. The loss of our injection well customers would have a significant impact on the Company’s financial results. In addition, we are selling our reclaimed oil to three customers. Revenue for the six months ended September 30, 2013 for our largest customer has also decreased by 72% compared to the corresponding prior period due to the customer now operating its own injection well. If there were an issue with these customers, we have additional oil customers that would potentially take this position.
	Earnings Per Common Share
	Basic earnings per common share is computed by dividing net income available to common shareholders by the weighted-average number of common shares outstanding during the reporting period. Diluted earnings per common share is computed by dividing net income available to common shareholders by the combination of dilutive common share equivalents, comprised of shares issuable under the Company’s share-based compensation plans and the weighted-average number of common shares outstanding during the reporting period. Dilutive common share equivalents include the dilutive effect of in-the-money share equivalents, which are calculated based on the average share price for each period using the treasury stock method. Under the treasury stock method, the exercise price of an award, if any, the amount of compensation cost, if any, for future service that the Company has not yet recognized, and the estimated tax benefits that would be recorded in paid-in capital, if any, when an award is settled are assumed to be used to repurchase shares in the current period.
	The Company excluded 444,930 options and 500,000 warrants from the computation of diluted net loss per share as their exercise prices were in excess of the average closing market price of the Company’s common stock for the three and six months ended September 30, 2013.
	The following is a summary of outstanding securities which have been excluded from the calculation of diluted net loss per share because the effect would have been anti-dilutive for the three and six months ended September 30, 2012:
		Three Months		Six Months
		Ended September 30, 2012		Ended September 30, 2012
	Common stock options		277,544		376,667
	Common stock warrants		–		–
	Convertible notes		1,398,015		1,398,015
	Totals		1,675,559		1,774,682
	The Company excluded 95,250 options and 1,978,835 warrants from the computation for the three and six months ended September 30, 2012, respectively, as their exercise prices were in excess of the average closing market price of the Company’s common stock.

3_Intangible_Assets

3. Intangible Assets	6 Months Ended
	Sep. 30, 2013
Goodwill and Intangible Assets Disclosure [Abstract]	'
Note 3. Intangible Assets	'
	Customer Relationships
	During the six months ended September 30, 2013 and 2012, the Company recorded amortization expense to cost of goods sold related to the customer relationship of $14,430 and $14,468, respectively. The net carrying value of the customer relationship as of September 30, 2013 was $86,818.

4_Property_and_Equipment

4. Property and Equipment	6 Months Ended
	Sep. 30, 2013
Property, Plant and Equipment [Abstract]	'
Note 4. Property and Equipment	'
	Property and equipment as of September 30, 2013 and March 31, 2013 consisted of the following:
		September 30, 2013			31-Mar-13
	Injection well	$	3,983,538		$	3,902,774
	Machinery and equipment		4,026,143			3,983,618
	Construction in progress		2,316,218			2,479,907
	Buildings		87,500			87,500
	Land		51,000			51,000
	Office equipment, furniture and fixtures		10,692			4,188
	Vehicles		27,474			–
	Accumulated depreciation		(880,027	)		(571,371	)
	Total	$	9,622,538		$	9,937,616
	As of September 30, 2013, construction in progress is idle and requires additional capital, which will most likely be a result of the Merger. During the six months ended September 30, 2013 and 2012, the Company recorded depreciation expense of $308,123 and $91,512, respectively.

5_Certain_Balance_Sheet_Elemen

5. Certain Balance Sheet Elements	6 Months Ended
	Sep. 30, 2013
Balance Sheet Related Disclosures [Abstract]	'
Note 5. Certain Balance Sheet Elements	'
	Accrued Liabilities
	At September 30, 2013 and March 31, 2013, the Company had accrued liabilities as follows:
		September 30, 2013		31-Mar-13
	Accrued interest	$	37,786	$	33,747
	Royalty payable		58,581		96,247
	Sales tax payable		22,092		108,968
	Other		24,998		25,000
	Total	$	143,457	$	263,962

6_Notes_Payable

6. Notes Payable	6 Months Ended
	Sep. 30, 2013
Debt Disclosure [Abstract]	'
Note 6. Notes Payable	'
	MOU Note Payable
	The Company has a promissory note payable of $45,000 which was incurred in connection with a memorandum of understanding to purchase SET Corp’s discontinued water treatment plant. The note bears interest at 10% with a default rate of 18%. As of September 30, 2013, the note is in default and interest is being accrued at the default rate.
	Related Party Convertible Note Payable to Metropolitan Real Estate LLC
	On July 1, 2010, in connection with the acquisition of Pro Water Utah, the Company entered into a $2.0 million convertible note payable with Metropolitan Real Estate LLC, an entity controlled by Mr. Horst Geicke, a beneficial owner of the Company. Under the terms of the convertible note payable, $1,600,000 of the note was to be converted at $3.00 per share and $400,000 of the note was to be converted at $0.375 per share. The convertible note incurred interest at 5% per annum and was secured by Pro Water Utah assets. The Company was to make 60 monthly payments of $35,478 commencing January 2011 and concluding December 2015, which was extended until April 2016 by the holder during the fiscal year ended March 31, 2012 due to lack of cash flows sufficient to make payments.
	Since the conversion price of $0.375 related to $400,000 was significantly less than the fair value of the Company’s common stock per the closing market price, a beneficial conversion feature was present. The Company valued the beneficial conversion feature as of the date of the amended agreement in the amount of $696,000, and recorded the maximum discount allowed of $400,000 against the note. At March 31, 2013, the outstanding balance of $1,170,584, net of the unamortized discount of $134,082 was classified as long term based on its subsequent conversion on April 12, 2013 as discussed below. During the six months ended September 30, 2013 and 2012, the Company amortized $134,082 and $58,541 of the discount or 10% and 4% of the liability to interest expense, respectively, using the effective interest method.
	On April 12, 2013, Metropolitan Real Estate LLC agreed to convert its outstanding principal balance of $1,304,666 and accrued interest of $28,951 into 10,258,592 shares of restricted common stock, valued at $0.13 per share. Due to the significant change in the fair market value of the consideration before and after the modification, the Company accounted for the change in terms as an extinguishment of the original note. The unamortized discount at the time of extinguishment of $130,333 is included in interest expense on the accompanying statement of operations during the six months ended September 30, 2013. At the time of modification, the converted price $0.13 was in excess of the closing market price of the Company's common stock and thus did not result in an additional beneficial conversion feature.
	Related Party Convertible Note Payable to Horst Geicke
	On April 16, 2013, we entered into a convertible revolving loan agreement with Horst Geicke for $600,000 with 8% interest rate. On April 20, 2013, such accredited investor desired to convert the note into common stock of the Company at $0.13 per share. Therefore, we were obligated to issue 4,615,385 shares of restricted common stock for the $600,000. The difference of $323,077 between the fair market value of the stock issued in connection with the conversion and principal balance was recorded as interest expense during the six months ended September 30, 2013.
	Related Party Note Payable to Bridgewell Worldwide Limited
	In September of 2012, PWCO entered into a revolving loan agreement with Bridgewell Worldwide Limited, of which Grant King is as an officer and owner of, in the amount of $2,000,000. The note incurred interest at 5% per annum and was due in full in September 2014. The loan was personally guaranteed by Keith Morlock and Robert Glaser, but not by the Company. In connection with the terminated Project Finance Transaction with PWCO, the Company has been advanced funds from PWCO to cover payables and the cost of constructing the Cartwright Well.
	An additional $300,000 was funded in February 2013 under an Amended and Restated Revolving Note Agreement which included the following; a) the principal amount shall be increased to $2,300,000, plus 5% interest; b) the personal guarantees of Mr. Morlock and Mr. Glaser shall be terminated, and in exchange, the ProWater Colorado shall grant a first priority security interest to Bridgewell in the Cartwright Well ; and lastly c) upon the mutual consent of the Company and Bridgewell, any outstanding principal and interest may be converted at any time, into common stock of the Company. As of March 31, 2013, the amount due on these advances was $2,300,000 and was classified as long-term in the accompanying balance sheet based on its terms and subsequent conversion. During the year ended March 31, 2013, the Company capitalized interest of $50,000 under property and equipment in the accompanying balance sheet. During the six months ended September 30, 2013, the Company capitalized interest of $10,000 under property and equipment in the accompanying balance sheet.
	On April 30, 2013, Bridgewell notified us that they wanted to convert the Amended and Restated Revolving Loan Agreement, along with all accrued interest thereon, into 18,153,846 shares of restricted common stock, valued at $0.13 per share, making the Amended and Restated Revolving Loan Agreement paid in full, and of no further effect. In addition, the Company recorded additional interest expense of $2,904,615 during the six months ended September 30, 2013 due to the difference between the fair market value of the shares issued of $0.29 per share and stock price the note was converted at.

7_Stockholders_Deficit

7. Stockholders' Deficit	6 Months Ended
	Sep. 30, 2013
Equity [Abstract]	'
Note 7. Stockholders' Deficit	'
	Common Stock Issued to Related Parties for Accrued Liabilities and Services
	On March 27, 2012, the Company granted common stock to three board members which vest over a twenty-four (24) month period, starting April 1, 2012 and then the first of each quarter thereafter (ending January 1, 2014). Under the agreement, the Company agreed to issue a total of 450,000 shares of common stock valued at $585,000 on the date of the grant, with the first tranche of 56,250 being issued in April 2012, second tranche of 56,250 being issued in July 2012, and third tranche of 56,250 being issued in October 2012. In addition, due to Keith Morlock’s resignation as a Director, the Company approved issuance of the remaining 93,750 shares due to him under this agreement in which the shares vested immediately. In January 2013, the fourth tranche of 37,500 shares were issued. In April 2013, the fifth tranche of 18,750 shares were issued. In July 2013, the sixth tranche of 18,750 shares were issued. During the three and six months ended September 30, 2013, the Company recorded stock-based compensation expense related to this issuance of $24,375 and $48,750 within general and administrative expense, respectively. Future stock-based compensation under this agreement is expected to be $24,375 in fiscal year 2014. Mr. Glaser’s remaining issuance for directors’ bonus shares were cancelled.
	Stock Purchase Agreement with Horst Geicke
	On May 7, 2013, the Company entered into a stock purchase agreement with Horst Geicke to purchase 20,000,000 shares of the Company’s common stock at $0.13 per share to raise $2,600,000 which included the conversion of a $600,000 note. The Company received $2,600,000 towards the subscription agreement and accordingly issued 20,000,000 shares of its common stock.

8_Options_and_Warrants

8. Options and Warrants	6 Months Ended
	Sep. 30, 2013
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]	'
Note 8. Options and Warrants	'
	Stock compensation expense, excluding items disclosed above, recorded in general and administrative expense in the statements of operations for the three months ended September 30, 2013 and 2012 was $10,710 and $76,691, respectively. Stock compensation expense, excluding items disclosed above, recorded in general and administrative expense in the statements of operations for the six months ended September 30, 2013 and 2012 was $21,420 and $153,382, respectively.
	The following is a summary of activity of outstanding stock option activity for the six months ended September 30, 2013:
		Number
		of Shares
	Balance, March 31, 2013		1,039,145
	Options granted		–
	Options exercised		–
	Options cancelled or forfeited		(550,991	)
	Balance, September 30, 2013		488,154
	Although management believes its estimate regarding the fair value of the services to be reasonable, there can be no assurance that all of the subjective assumptions will remain constant, and therefore the valuation of the services may not be a reliable measure of the fair value of stock compensation or stock based payments for consulting services. Expected volatility is based primarily on historical volatility. Historical volatility was computed using weekly pricing observations for recent periods that correspond to the remaining life of the options. We believe this method produces an estimate that is representative of our expectations of future volatility over the expected term of these options. We currently have no reason to believe future volatility over the expected remaining life of these options is likely to differ materially from historical volatility. The expected life is based on the remaining term of the options. The risk-free interest rate is based on U.S. Treasury securities.
	Warrants
	The following is a summary of activity of outstanding common stock warrants for the six months ended September 30, 2013:
		Number
		Of Shares
	Balance, March 31, 2013		938,668
	Warrants granted		–
	Warrants exercised		–
	Warrants cancelled or forfeited		(438,668	)
	Balance, September 30, 2013		500,000

9_Commitments_and_Contingencie

9. Commitments and Contingencies	6 Months Ended
	Sep. 30, 2013
Commitments and Contingencies Disclosure [Abstract]	'
Note 9. Commitments and Contingencies	'
	Manufacturing and Engineering Agreement
	In January 2012, ProWater Colorado entered into a manufacturing and engineering agreement to build part of the Centerline SWD System facility for the Cartwright Well for $1,770,000. To start the process 35% was paid and, a second payment of 30% was paid after major components were delivered to the manufacturer in October 2012. The balance of 35% was due when shipped to the Cartwright Well. As of September 30, 2013, $1,770,000 was recorded as machinery and equipment in property and equipment and $700,341 in accounts payable on the accompanying balance sheet.
	Legal Proceedings
	A settlement was reached regarding a Complaint filed against the Company by a previous consultant in the Orange County Superior Court. During the six months ended September 30, 2013, no additional gain or loss was recorded.
	On May 16, 2013, a Complaint was filed against the Company by a previous consultant in the United States District Court (Rimon Consultancy v. SET, United States District Court CV 13-00900 FMO).  This is an action for Breach of Contract with a prayer for approximately $473,000. The Company filed a motion to dismiss on July 5, 2013, which the court granted on August 2, 2013. The Plaintiff then filed their first amended complaint on August 8, 2013.  We filed our answer to the first amended complaint and counterclaim on August 26, 2013.  Our counter-claim is based on the Plaintiff’s breach of the contract by Plaintiff’s failure and refusal to perform the contract, causing the Company damages in the amount of $4,500,000USD.  On October 10, 2013, Plaintiff filed a motion to dismiss the answer and the counterclaim.  However, on October 24, 2013, the court denied the motion to dismiss without prejudice and the Plaintiff filed their answer to the counterclaim on November 8, 2013. The court has set the date of trial for September 2, 2014, however the Company maintains that the claimed amounts have passed the statute of limitations and that the Complaint is without merit. The Company does not believe it is probable any additional amounts will be liable to Plaintiff and thus no provision has been recorded as of September 30, 2013. If it was determined that the Company would be liable for said amounts, the maximum to be recorded would be for the amount filed. The Company will vigorously defend the action.

10_Segment_Information

10. Segment Information	6 Months Ended
	Sep. 30, 2013
Segment Reporting [Abstract]	'
Note 10. Segment Information	'
	The Company reports information about operating segments, as well as disclosures about products and services and major customers. Operating segments are defined as revenue-producing components of the enterprise, which are generally used internally for evaluating segment performance. Management has determined that the water disposal operations of SWD wells (collectively Pro Water Utah and ProWater Colorado shall be referred to herein collectively as “ProWater”) and the operations of SET Corp (“SET Corp”) should be disclosed separately as management reviews financial statements for these entities separately and makes decisions independently of the other entities included within the Company’s financial statements. All intercompany transactions between the reportable segments are eliminated upon consolidation of the Company. As of September 30, 2013, the ProWater segment is the only revenue producing segment and operates in Utah and North Dakota.
	The Company evaluates the performance of its segments based on net income (loss) from continuing operations. Certain income and charges are not allocated to segments in the Company’s management reports because they are not considered in evaluating the segments’ operating performance. The following is a summary of information about profit or loss and assets by segment:
		For the Three Months Ended									For the Three Months Ended
		30-Sep-13									30-Sep-12
		Pro Water			SET Corp			Total			Pro Water			SET Corp			Total
	Revenues	$	661,777		$	–		$	661,777		$	899,491		$	–		$	899,491
	Cost of revenues		458,304			–			458,304			303,428			–			303,428
	Gross profit		203,473			–			203,473			596,063			–			596,063
	Operating expenses:
	General and administrative		115,361			283,102			398,463			128,352			400,928			529,280
	Total operating expenses		115,361			283,102			398,463			128,352			400,928			529,280
	Operating income (loss)		88,112			(283,102	)		(194,990	)		467,711			(400,928	)		66,783
	Other income (expense):
	Interest income		58			4			62			669			84			753
	Interest expense		(1,557	)		(2,019	)		(3,576	)		(44,979	)		(6,069	)		(51,048	)
	Change in fair value of derivative liability		–			–			–			–			30,260			30,260
	Total other income (expense)		(1,499	)		(2,015	)		(3,514	)		(44,310	)		24,275			(20,035	)
	Income (loss) before provision for income taxes		86,613			(285,117	)		(198,504	)		423,401			(376,653	)		46,748
	Provision for income taxes								240									80,000
	Net loss							$	(198,744	)							$	(33,252	)
		For the Six Months Ended									For the Six Months Ended
		30-Sep-13									30-Sep-12
		ProWater			SET Corp			Total			Pro Water			SET Corp			Total
	Revenues	$	1,229,374		$	–		$	1,229,374		$	1,882,696		$	–		$	1,882,696
	Cost of revenues		1,025,155			–			1,025,155			581,342			–			581,342
	Gross profit		204,219			–			204,219			1,301,354			–			1,301,354
	Operating expenses:
	General and administrative		242,849			592,494			835,343			252,998			964,850			1,217,848
	Total operating expenses		242,849			592,494			835,343			252,998			964,850			1,217,848
	Operating income (loss)		(38,630	)		(592,494	)		(631,124	)		1,048,356			(964,850	)		83,506
	Other income (expense):
	Interest income		77			22			99			774			580			1,354
	Interest expense		(3,367,162	)		(4,067	)		(3,371,229	)		(92,961	)		(13,046	)		(106,007	)
	Change in fair value of derivative liability		–			–			–			–			115,409			115,409
	Other, net		–			–			–			(27,721	)		43,165			15,444
	Total other income (expense)		(3,367,085	)		(4,045	)		(3,371,130	)		(119,908	)		146,108			26,200
	Income (loss) before provision for income taxes		(3,405,715	)		(596,539	)		(4,002,254	)		928,448			(818,742	)		109,706
	Provision for income taxes								2,640									138,000
	Net loss							$	(4,004,894	)							$	(28,294	)
	The geographic locations of the injection wells are a direct factor with relation to the radius of customer’s wells that can be economically serviced. While there are several key factors to obtaining new business, the ratio of available business per customer is based solely on the number of wells the customer has within the serviceable radius of the injection well. As new oil and gas wells are developed within the serviceable radius of the well, the ratio of customers to percentage of business will decrease. Until new wells are developed the expected customer to business ratio are not expected to change. All revenue and receivable concentrations disclosed in Note 2 related to the ProWater segment.
	As of September 30, 2013, primarily all of the property and equipment was within the ProWater segment of which 19% and 75% was located in Utah and North Dakota, respectively. All assets were located in the United States, with 94% of total assets related to the ProWater segment. Assets related to SET Corp primarily related to cash, prepaids and deferred tax assets.

11_Subsequent_Events

11. Subsequent Events	6 Months Ended
	Sep. 30, 2013
Subsequent Events [Abstract]	'
Note 11 - Subsequent Events	'
	See Note 1.

2_Accounting_Policies_and_Basi1

2. Accounting Policies and Basis of Presentation (Policies)	6 Months Ended
	Sep. 30, 2013
Accounting Policies [Abstract]	'
Consolidation	'
	The consolidated financial statements include the assets, liabilities and operating results of the Company and its wholly-owned subsidiaries, Pro Water, LLC, a Utah limited liability company ("Pro Water Utah"), ProWater, LLC, a Colorado limited liability company ("ProWater Colorado"), and SET IP Holdings LLC, a Utah limited liability company ("Set IP"), after elimination of all material inter-company accounts and transactions.
Estimates	'
	The preparation of financial statements in conformity with generally accepted accounting principles 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 financial statements and the reported amounts of revenue and expenses during the reporting period. Significant estimates include the valuation of derivatives, equity instruments such as options and warrants, and provision for income taxes. Actual results could differ from those estimates.
Fair Value of Financial Instruments	'
	Effective October 1, 2009, the Company adopted Accounting Standards Codification ("ASC") 825 Fair Value Measurements and Disclosures, except as it applies to the nonfinancial assets and nonfinancial liabilities subject to ASC 825. ASC 825 clarifies that fair value is an exit price, representing the amount that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants. As such, fair value is a market-based measurement that should be determined based on assumptions that market participants would use in pricing an asset or a liability. As a basis for considering such assumptions, ASC 825 establishes a three-tier value hierarchy, which prioritizes the inputs used in the valuation methodologies in measuring fair value:
	Level 1 - Observable inputs that reflect quoted prices (unadjusted) for identical assets or liabilities in active markets.
	Level 2 - Include other inputs that are directly or indirectly observable in the marketplace.
	Level 3 - Unobservable inputs which are supported by little or no market activity.
	Fair-value estimates discussed herein are based upon certain market assumptions and pertinent information available to management as of September 30, 2013 and March 31, 2013. The respective carrying value of certain on-balance-sheet financial instruments approximated their fair values. These financial instruments include cash, prepaids, accounts payable, accrued liabilities, and notes payable. Fair values for these items were assumed to approximate carrying values because of their short term nature or because they are payable on demand.
Credit Risk	'
	At times, the Company maintains cash balances at a financial institution in excess of the $250,000 FDIC insurance limit. In addition, at times the Company extends credit to customers in the normal course of business, after an evaluation of the credit worthiness. The Company does not expect to take any unnecessary credit risks causing significant write-offs of potentially uncollectible accounts. The Company also maintains reserves for potential credit losses. The Company considers the following factors when determining if collection of a fee is reasonably assured: customer credit-worthiness, past transaction history with the customer, current economic industry trends and changes in customer payment terms.
Customer	'
	The geographic location of the injection well is a direct factor with relation to the radius of customers’ wells that can be economically serviced. While there are several key factors to obtaining new business, the ratio of available business per customer is based solely on the number of wells the customer has within the serviceable radius of the injection well. As new gas wells are developed within the serviceable radius of the well, the ratio of customers to percentage of business will decrease. Until new wells are developed, the expected customer to business ratio is not expected to change. During the three months ended September 30, 2013 and 2012, the Company had five (5) and two (2) customers that accounted for approximately 86% and 98% of its revenue, respectively. During the six months ended September 30, 2013, the Company had three (3) customers that accounted for approximately 65% of its revenue and four (4) customers that accounted for 83% of its accounts receivable at September 30, 2013. During the six months ended September 30, 2012, the Company had two (2) customers that accounted for approximately 97% of its revenue and one (1) customer that accounted for 90% of its accounts receivable at September 30, 2012. The loss of our injection well customers would have a significant impact on the Company’s financial results. In addition, we are selling our reclaimed oil to three customers. Revenue for the six months ended September 30, 2013 for our largest customer has also decreased by 72% compared to the corresponding prior period due to the customer now operating its own injection well. If there were an issue with these customers, we have additional oil customers that would potentially take this position.
Earnings Per Common Share	'
	Basic earnings per common share is computed by dividing net income available to common shareholders by the weighted-average number of common shares outstanding during the reporting period. Diluted earnings per common share is computed by dividing net income available to common shareholders by the combination of dilutive common share equivalents, comprised of shares issuable under the Company’s share-based compensation plans and the weighted-average number of common shares outstanding during the reporting period. Dilutive common share equivalents include the dilutive effect of in-the-money share equivalents, which are calculated based on the average share price for each period using the treasury stock method. Under the treasury stock method, the exercise price of an award, if any, the amount of compensation cost, if any, for future service that the Company has not yet recognized, and the estimated tax benefits that would be recorded in paid-in capital, if any, when an award is settled are assumed to be used to repurchase shares in the current period.
	The Company excluded 444,930 options and 500,000 warrants from the computation of diluted net loss per share as their exercise prices were in excess of the average closing market price of the Company’s common stock for the three and six months ended September 30, 2013.
	The following is a summary of outstanding securities which have been excluded from the calculation of diluted net loss per share because the effect would have been anti-dilutive for the three and six months ended September 30, 2012:
		Three Months		Six Months
		Ended September 30, 2012		Ended September 30, 2012
	Common stock options		277,544		376,667
	Common stock warrants		–		–
	Convertible notes		1,398,015		1,398,015
	Totals		1,675,559		1,774,682
	The Company excluded 95,250 options and 1,978,835 warrants from the computation for the three and six months ended September 30, 2012, respectively, as their exercise prices were in excess of the average closing market price of the Company’s common stock.

2_Accounting_Policies_and_Basi2

2. Accounting Policies and Basis of Presentation (Tables)	6 Months Ended
	Sep. 30, 2013
Accounting Policies [Abstract]	'
Earning per share	'
	The following is a summary of outstanding securities which have been excluded from the calculation of diluted net loss per share because the effect would have been anti-dilutive for the three and six months ended September 30, 2012:
		Three Months		Six Months
		Ended September 30, 2012		Ended September 30, 2012
	Common stock options		277,544		376,667
	Common stock warrants		–		–
	Convertible notes		1,398,015		1,398,015
	Totals		1,675,559		1,774,682

4_Property_and_Equipment_Table

4. Property and Equipment (Tables)	6 Months Ended
	Sep. 30, 2013
Property, Plant and Equipment [Abstract]	'
Property and equipment	'
	Property and equipment as of September 30, 2013 and March 31, 2013 consisted of the following:
		September 30, 2013			31-Mar-13
	Injection well	$	3,983,538		$	3,902,774
	Machinery and equipment		4,026,143			3,983,618
	Construction in progress		2,316,218			2,479,907
	Buildings		87,500			87,500
	Land		51,000			51,000
	Office equipment, furniture and fixtures		10,692			4,188
	Vehicles		27,474			–
	Accumulated depreciation		(880,027	)		(571,371	)
	Total	$	9,622,538		$	9,937,616

5_Certain_Balance_Sheet_Elemen1

5. Certain Balance Sheet Elements (Tables)	6 Months Ended
	Sep. 30, 2013
Balance Sheet Related Disclosures [Abstract]	'
Accrued Liabilities	'
	At September 30, 2013 and March 31, 2013, the Company had accrued liabilities as follows:
		September 30, 2013		31-Mar-13
	Accrued interest	$	37,786	$	33,747
	Royalty payable		58,581		96,247
	Sales tax payable		22,092		108,968
	Other		24,998		25,000
	Total	$	143,457	$	263,962

8_Options_and_Warrants_Tables

8. Options and Warrants (Tables)	6 Months Ended
	Sep. 30, 2013
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]	'
Stock option activity	'
	The following is a summary of activity of outstanding stock option activity for the six months ended September 30, 2013:
		Number
		of Shares
	Balance, March 31, 2013		1,039,145
	Options granted		–
	Options exercised		–
	Options cancelled or forfeited		(550,991	)
	Balance, September 30, 2013		488,154
Summary of activity of outstanding common stock warrants	'
	The following is a summary of activity of outstanding common stock warrants for the six months ended September 30, 2013:
		Number
		Of Shares
	Balance, March 31, 2013		938,668
	Warrants granted		–
	Warrants exercised		–
	Warrants cancelled or forfeited		(438,668	)
	Balance, September 30, 2013		500,000

10_Segment_Information_Tables

10. Segment Information (Tables)	6 Months Ended
	Sep. 30, 2013
Notes to Financial Statements	'
Profit or loss and assets by segment	'
	The following is a summary of information about profit or loss and assets by segment:
		For the Three Months Ended									For the Three Months Ended
		30-Sep-13									30-Sep-12
		Pro Water			SET Corp			Total			Pro Water			SET Corp			Total
	Revenues	$	661,777		$	–		$	661,777		$	899,491		$	–		$	899,491
	Cost of revenues		458,304			–			458,304			303,428			–			303,428
	Gross profit		203,473			–			203,473			596,063			–			596,063
	Operating expenses:
	General and administrative		115,361			283,102			398,463			128,352			400,928			529,280
	Total operating expenses		115,361			283,102			398,463			128,352			400,928			529,280
	Operating income (loss)		88,112			(283,102	)		(194,990	)		467,711			(400,928	)		66,783
	Other income (expense):
	Interest income		58			4			62			669			84			753
	Interest expense		(1,557	)		(2,019	)		(3,576	)		(44,979	)		(6,069	)		(51,048	)
	Change in fair value of derivative liability		–			–			–			–			30,260			30,260
	Total other income (expense)		(1,499	)		(2,015	)		(3,514	)		(44,310	)		24,275			(20,035	)
	Income (loss) before provision for income taxes		86,613			(285,117	)		(198,504	)		423,401			(376,653	)		46,748
	Provision for income taxes								240									80,000
	Net loss							$	(198,744	)							$	(33,252	)
		For the Six Months Ended									For the Six Months Ended
		30-Sep-13									30-Sep-12
		ProWater			SET Corp			Total			Pro Water			SET Corp			Total
	Revenues	$	1,229,374		$	–		$	1,229,374		$	1,882,696		$	–		$	1,882,696
	Cost of revenues		1,025,155			–			1,025,155			581,342			–			581,342
	Gross profit		204,219			–			204,219			1,301,354			–			1,301,354
	Operating expenses:
	General and administrative		242,849			592,494			835,343			252,998			964,850			1,217,848
	Total operating expenses		242,849			592,494			835,343			252,998			964,850			1,217,848
	Operating income (loss)		(38,630	)		(592,494	)		(631,124	)		1,048,356			(964,850	)		83,506
	Other income (expense):
	Interest income		77			22			99			774			580			1,354
	Interest expense		(3,367,162	)		(4,067	)		(3,371,229	)		(92,961	)		(13,046	)		(106,007	)
	Change in fair value of derivative liability		–			–			–			–			115,409			115,409
	Other, net		–			–			–			(27,721	)		43,165			15,444
	Total other income (expense)		(3,367,085	)		(4,045	)		(3,371,130	)		(119,908	)		146,108			26,200
	Income (loss) before provision for income taxes		(3,405,715	)		(596,539	)		(4,002,254	)		928,448			(818,742	)		109,706
	Provision for income taxes								2,640									138,000
	Net loss							$	(4,004,894	)							$	(28,294	)

1_Organization_and_History_Nar

1. Organization and History (Narrative) (USD $)	3 Months Ended		6 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Operating loss before income taxes	($198,504)	$46,748	($4,002,254)	$109,706
Working capital	844,677	'	844,677	'
Cash flow from operation	'	'	($2,197,137)	$952,366
Customer A	'	'	'	'
Customer concentration	'	'	'0.36	'
Customer B	'	'	'	'
Customer concentration	'	'	'0.17	'
Customer C	'	'	'	'
Customer concentration	'	'	'0.12	'

2_Accounting_Policies_and_Basi3

2. Accounting Policies and Basis of Presentation (Details)	3 Months Ended	6 Months Ended	3 Months Ended	6 Months Ended	3 Months Ended	6 Months Ended	3 Months Ended	6 Months Ended
	Sep. 30, 2012	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2013	Sep. 30, 2013	Sep. 30, 2013	Sep. 30, 2013	Sep. 30, 2013
			Options	Options	Warrants	Warrants	Convertible Notes Payable	Convertible Notes Payable
Total anti-dilutive shares	1,675,559	1,774,682	277,544	376,667	0	0	1,398,015	1,398,015

2_Accounting_Policies_and_Basi4

2. Accounting Policies and Basis of Presentation (Details Narrative)	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2013	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
			Two Customers	Three Customers	Five Customers	Four Customers	Four Customers	One Customer
Customers that accounted for approximately its revenue in percentage	'	'	98.00%	65.00%	86.00%	97.00%	'	'
Customers that accounted for approximately its Accounts receivable in percentage	83.00%	90.00%	'	'	'	'	83.00%	90.00%

3_Intangible_Assets_Details_Na

3. Intangible Assets (Details Narrative) (USD $)	6 Months Ended
	Sep. 30, 2013	Sep. 30, 2012
Goodwill and Intangible Assets Disclosure [Abstract]	'	'
Amortization expense to cost of goods sold	$14,430	$14,468
Carrying value of customer relationship	$86,818	'

4_Property_and_Equipment_Detai

4. Property and Equipment (Details) (USD $)	Sep. 30, 2013	Mar. 31, 2013
Accumulated depreciation	($880,027)	($571,371)
Property and equipment, net	9,622,538	9,937,616
Injection wells	'	'
Property and equipment, gross	3,983,538	3,902,774
Machinery and Equipment	'	'
Property and equipment, gross	4,026,143	3,983,618
Construction in Progress [Member]	'	'
Property and equipment, gross	2,316,218	2,479,907
Building [Member]	'	'
Property and equipment, gross	87,500	87,500
Land [Member]	'	'
Property and equipment, gross	51,000	51,000
Furniture and Fixtures [Member]	'	'
Property and equipment, gross	10,692	4,188
Vehicles [Member]	'	'
Property and equipment, gross	$27,474	$0

4_Property_and_Equipment_Detai1

4. Property and Equipment (Details Narrative) (USD $)	6 Months Ended
	Sep. 30, 2013	Sep. 30, 2012
Property, Plant and Equipment [Abstract]	'	'
Depreciation expense	$308,123	$91,512

5_Certain_Balance_Sheet_Elemen2

5. Certain Balance Sheet Elements (Details) (USD $)	Sep. 30, 2013	Mar. 31, 2013
Balance Sheet Related Disclosures [Abstract]	'	'
Accrued interest	$37,786	$33,747
Royalty payable	58,581	96,247
Sales tax payable	22,092	108,968
Other	24,998	25,000
Total accrued liabilities	$143,457	$263,962

6_Notes_Payable_Details_Narrat

6. Notes Payable (Details Narrative) (USD $)	6 Months Ended
	Sep. 30, 2013	Sep. 30, 2012
MOU Note Payable [Member]	'	'
Note payable	$45,000	'
Interest rate	18.00%	'
Metropolitan Real Estate LLC [Member]	'	'
Amortization of discount	134,082	58,541
Unamortized discount	130,333	'
Interest rate	10.00%	4.00%
Horst Geicke	'	'
Interest expense	323,077	'
Bridgewell Worldwide Limited [Member]	'	'
Interest expense	10,000	'
Additional interest expense	$2,904,615	'

8_Options_and_Warrants_Details

8. Options and Warrants (Details) (Stock Options)	6 Months Ended
	Sep. 30, 2013
Stock Options	'
Balance, March 31, 2013	1,039,145
Options granted	0
Options exercised	0
Options cancelled or forfeited	550,991
Balance, September 30, 2013	488,154

8_Options_and_Warrants_Details1

8. Options and Warrants (Details 1) (Warrants, USD $)	6 Months Ended
	Sep. 30, 2013
Warrants	'
Beginning balance	$938,668
Warrant granted	0
Warrant exercised	0
Warrants cancelled or forfeited	-438,668
Ending balance	$500,000

8_Options_and_Warrants_Details2

8. Options and Warrants (Details Narrative) (USD $)	6 Months Ended
	Sep. 30, 2013	Sep. 30, 2012
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]	'	'
Stock compensation expense	$21,420	$153,382

10_Segment_Information_Details

10. Segment Information (Details) (USD $)	3 Months Ended		6 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Revenues	$661,777	$899,491	$1,229,374	$1,882,696
Cost of revenues	458,304	303,428	1,025,155	581,342
Gross profit	203,473	596,063	204,219	1,301,354
Operating expenses:	'	'	'	'
General and administrative	398,463	529,280	835,343	1,217,848
Total operating expenses	398,463	529,280	835,343	1,217,848
Operating income (loss)	-194,990	66,783	-631,124	83,506
Other income (expense):	'	'	'	'
Interest income	62	753	99	1,354
Interest expense	3,576	51,048	3,371,229	106,007
Change in fair value of derivative liability	0	30,260	0	115,409
Other, net	0	0	0	15,444
Total other income (expense)	-3,514	-20,035	-3,371,130	26,200
Income (loss) before provision for income taxes	-198,504	46,748	-4,002,254	109,706
Provision for income taxes	240	80,000	2,640	138,000
Net income (loss)	-198,744	-33,252	-4,004,894	-28,294
Pro Water [Member]	'	'	'	'
Revenues	661,777	899,491	1,229,374	1,882,696
Cost of revenues	458,304	303,428	1,025,155	581,342
Gross profit	203,473	596,063	204,219	1,301,354
Operating expenses:	'	'	'	'
General and administrative	115,361	128,352	242,849	252,998
Total operating expenses	115,361	128,352	242,849	252,998
Operating income (loss)	88,112	467,711	-38,630	1,048,356
Other income (expense):	'	'	'	'
Interest income	58	669	77	774
Interest expense	-1,557	-44,979	-3,367,162	-92,961
Change in fair value of derivative liability	0	0	0	0
Other, net	0	0	0	-27,721
Total other income (expense)	-1,499	-44,310	-3,367,085	-119,908
Income (loss) before provision for income taxes	86,613	423,401	-3,405,715	928,448
SETCORP [Member]	'	'	'	'
Revenues	0	0	0	0
Cost of revenues	0	0	0	0
Gross profit	0	0	0	0
Operating expenses:	'	'	'	'
General and administrative	283,102	400,928	592,494	964,850
Total operating expenses	283,102	400,928	592,494	964,850
Operating income (loss)	-283,102	-400,928	-592,494	-964,850
Other income (expense):	'	'	'	'
Interest income	4	84	22	580
Interest expense	-2,019	-6,069	-4,067	-13,046
Change in fair value of derivative liability	0	30,260	0	115,409
Other, net	0	0	0	43,165
Total other income (expense)	-2,015	24,275	-4,045	146,108
Income (loss) before provision for income taxes	($285,117)	($376,653)	($596,539)	($818,742)