Annual report pursuant to Section 13 and 15(d)

11. Derivative Liability (Details-Warrant Assumptions)

v2.4.0.8
11. Derivative Liability (Details-Warrant Assumptions) (Warrants, USD $)
12 Months Ended
Mar. 31, 2014
Modification Fair Value
 
Expected life 4 years
Risk-free interest rate 0.74%
Dividend yield 0.00%
Volatility 89.00%
Warrants outstanding 495,874
Fair value of warrants $ 1,636,000
Pre-modification date
 
Expected life 2 years
Risk-free interest rate 0.30%
Dividend yield 0.00%
Volatility 100.00%
Warrants outstanding 495,874
Fair value of warrants 1,254,000
April 22, 2012
 
Expected life 2 years 6 months
Risk-free interest rate 0.40%
Dividend yield 0.00%
Volatility 100.00%
Warrants outstanding 495,874
Fair value of warrants $ 2,347,000