Quarterly report pursuant to Section 13 or 15(d)

Prepaid Expenses

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Prepaid Expenses
6 Months Ended
Sep. 30, 2013
Notes to Financial Statements  
NOTE 5 - Prepaid Expenses

Prepaid expenses and other current assets is composed of the following at September 30, 2013 and March 31, 2013:

 

    September 30,     March 31,  
    2013     2013  
             
 Insurance   $ 81,500     $ 19,700  
 Rent     20,200       -  
 Legal fees     3,400       3,400  
 Interest receivable on note receivable from sale of common stock     2,100       1,600  
 Receivable from landlord     24,100       -  
 Technology license fees and all other     16,200       9,000  
    $ 147,500     $ 33,700