Quarterly report pursuant to Section 13 or 15(d)

Fair Value Measurements (Tables)

v2.4.0.8
Fair Value Measurements (Tables)
6 Months Ended
Sep. 30, 2014
Fair Value Measurements Tables  
Fair value heirarchy for liabilities measured at fair value on a recurring basis
          Fair Value Measurements at Reporting Date Using  
    Total     Quoted Prices in Active Markets for Identical     Significant Other Observable     Significant Unobservable  
    Carrying     Assets     Inputs     Inputs  
    Value     (Level 1)     (Level 2)     (Level 3)  
September 30, 2014:                    
 Warrant liability   $ 3,399,400     $ -     $ -     $ 3,399,400  
March 31, 2014:                                
 Warrant liability   $ 2,973,900     $ -     $ -     $ 2,973,900  
Changes in Level 3 liabilities
    Fair Value Measurements  
    Using Significant  
    Unobservable Inputs  
    (Level 3)  
    Warrant Liability  
Balance at March 31, 2014   $ 2,973,900  
         
Mark to market loss included in net loss     425,500  
         
Balance at September 30, 2014   $ 3,399,400