Quarterly report pursuant to Section 13 or 15(d)

Prepaid Expenses

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Prepaid Expenses
9 Months Ended
Dec. 31, 2013
Notes to Financial Statements  
NOTE 5 - Prepaid Expenses

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

 

    December 31,     March 31,  
    2013     2013  
 Insurance   $ 48,100     $ 19,700  
 Legal fees     3,400       3,400  
 Interest receivable on note receivable from sale                
    of common stock     400       1,600  
 Technology license fees and all other     18,700       9,000  
    $ 70,600     $ 33,700