Quarterly report pursuant to Section 13 or 15(d)

Prepaid Expenses and Other Current Assets

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Prepaid Expenses and Other Current Assets
6 Months Ended
Sep. 30, 2014
Notes to Financial Statements  
NOTE 5 - Prepaid Expenses and Other Current Assets

Prepaid expenses and other current assets are composed of the following at September 30, 2014 and March 31, 2014:

 

    September 30,   March 31,  
    2014   2014  
             
 Insurance   $ 84,800     $ 21,800  
 Costs associated with Public Offering     95,900       -  
 Legal fees     3,400       3,400  
 Interest receivable on note receivable from sale of common stock     2,000       2,800  
 Technology license fees and all other     3,800       12,500  
                 
    $ 189,900     $ 40,500