Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF CASH FLOW

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CONSOLIDATED STATEMENTS OF CASH FLOW - USD ($)
 12 Months Ended
Mar. 31, 2015
Mar. 31, 2014
CASH FLOWS FROM OPERATING ACTIVITIES    
Net Loss $ (1,630,825) $ (2,386,965)
Adjustments to reconcile net loss to net cash used in operating activities    
Stock based compensation 304,018 1,432,944
Shares issued for dividends 8,550 53,757
Interest added to long term debt 26,670 0
Depreciation expense 82,936 84,295
Changes in operating assets and liabilities:    
Accounts receivable (72) (2,419)
Other Assets (11,000) 0
Accounts payable (14,332) 2,681
Accrued expenses (7,379) (127,220)
Accounts payable - Related parties 40,826 28,546
CASH USED IN OPERATING ACTIVITIES (1,200,608) (914,381)
CASH FLOWS FROM INVESTING ACTIVITIES    
Cash paid for purchase of fixed assets (27,105) (88,684)
CASH USED IN INVESTING ACTIVITIES (27,105) (88,684)
CASH FLOWS FROM FINANCING ACTIVITIES    
Borrowing on debt 19,550 70,000
Payment on long-term debt   (17,211)
Payment of related party debt (16,000) (4,998)
Repayment of short-term debt (8,421) 0
Line of credit 10,608 (323,904)
Proceeds from sale of stock  pre reverse acquisition 911,101 1,220,393
Proceeds from sale of stock post reverse acquisition 520,000 0
CASH PROVIDED BY FINANCING ACTIVITIES 1,436,838 944,280
NET CHANGE IN CASH 209,125 (58,785)
CASH AT BEGINNING OF YEAR 11,749  
CASH AT YEAR END 220,874 11,749
INTEREST EXPENSE 76,402 74,691
NON-CASH TRANSACTIONS    
Shares issued receivable 25,001 0
Debt converted into common stock $ 0 $ 113,312