INVESTMENT IN EQUITY SECURITIES
6 Months Ended
Sep. 30, 2012
INVESTMENT IN EQUITY SECURITIES [Text Block]

NOTE 5 – INVESTMENT IN EQUITY SECURITIES

Investments in equity securities ( 150,000 shares of Alterra Power Corp, a publicly traded renewable energy company) activities consisted of the following:

    Amount  
Available-for-sale equity securities:      
         Cost basis $   88,515  
                 Net unrealized gains   27,107  
                   Foreign exchange losses   (23,125 )
         Fair value at March 31, 2012   92,497  
       
                   Net unrealized losses   (13,969 )
                   Foreign exchange gains   899  
         Fair value at September 30, 2012 $   79,427