Annual report pursuant to Section 13 and 15(d)

11. Derivative Liability (Tables)

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11. Derivative Liability (Tables)
 12 Months Ended
Mar. 31, 2016
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of assumptions for valuation of derivatives
    Measurement
Date		   Warrants     Remaining
Contract
Term in
Years		     Exercise
Price		     Volatility     Risk-free
Interest
Rate		     Fair
Value		  
Warrant                                                    
Placement Agent Warrants   March 31, 2015     16,500       1.09       5.00       100%       0.26%     $ 1,000  
Investor - Series A Warrants   March 31, 2015     1,000       0.41       3.00       100%       0.14%       –  
Investor - Series B Warrants   March 31, 2015     1,400,000       0.41       3.63       100%       0.14%       5,000  
Placement Agent Warrants   March 31, 2015     69,037       1.09       3.00       100%       0.26%       5,000  
                                                $ 11,000  
                                                     
Warrant                                                    
Placement Agent Warrants   March 31, 2016     16,500       0.09       5.00       100%       0.21%     $ –  
Placement Agent Warrants   March 31, 2016     69,037       0.09       3.00       100%       0.21%       –  
                                                $ –  
Changes in Level 3 on a recurring basis
    Year Ended March 31,  
    2016     2015  
Beginning balance   $ 11,000     $ 3,175,000  
Fair value of warrants issued     –       –  
Mark to market net unrealized gain     (11,000 )     (3,164,000 )
Reclassification to additional paid in capital     –       –  
Ending balance   $ –     $ 11,000