Quarterly report pursuant to Section 13 or 15(d)

WARRANTS (Details 3)

v3.5.0.2
WARRANTS (Details 3) - USD ($)
6 Months Ended 12 Months Ended
Sep. 30, 2016
Mar. 31, 2016
Dec. 31, 2015
Mar. 31, 2015
Number of Warrants 17,638,243 17,900,288 18,049,075 10,823,450
Warrant One [Member]        
Number of Warrants 7,735,750   7,735,750  
Expected life in years     4 years  
Exercise Price     $ 1.4  
Risk free rate     0.44%  
Dividend rate     0.00%  
Expected volatility     51.83%  
Grant date fair value     $ 464,784  
Warrant Two [Member]        
Number of Warrants     773,575  
Expected life in years     4 years  
Exercise Price     $ 0.8  
Risk free rate     0.44%  
Dividend rate     0.00%  
Expected volatility     51.83%  
Grant date fair value     $ 85,590  
Warrant Three [Member]        
Number of Warrants 1,212,500   1,212,500  
Expected life in years     3 years 11 months 1 day  
Exercise Price     $ 1.4  
Risk free rate     0.43%  
Dividend rate     0.00%  
Expected volatility     52.37%  
Grant date fair value     $ 950,913  
Warrant Four [Member]        
Number of Warrants     121,250  
Expected life in years     3 years 11 months 1 day  
Exercise Price     $ 0.8  
Risk free rate     0.43%  
Dividend rate     0.00%  
Expected volatility     52.37%  
Grant date fair value     $ 85,412  
Warrant Five [Member]        
Number of Warrants 891,250   891,250  
Expected life in years     3 years 10 months 28 days  
Exercise Price     $ 1.4  
Risk free rate     0.41%  
Dividend rate     0.00%  
Expected volatility     52.45%  
Grant date fair value     $ 696,582  
Warrant Six [Member]        
Number of Warrants     89,125  
Expected life in years     3 years 10 months 28 days  
Exercise Price     $ 0.8  
Risk free rate     0.41%  
Dividend rate     0.00%  
Expected volatility     52.45%  
Grant date fair value     $ 62,708  
Warrant Seven [Member]        
Number of Warrants 3,115,000   3,115,000  
Expected life in years     3 years 10 months 6 days  
Exercise Price     $ 1.4  
Risk free rate     0.68%  
Dividend rate     0.00%  
Expected volatility     51.54%  
Grant date fair value     $ 2,371,956  
Warrant Eight [Member]        
Number of Warrants     311,500  
Expected life in years     3 years 10 months 6 days  
Exercise Price     $ 0.8  
Risk free rate     0.68%  
Dividend rate     0.00%  
Expected volatility     51.54%  
Grant date fair value     $ 216,766  
Warrant Nine [Member]        
Number of Warrants 1,418,750   1,418,750  
Expected life in years     3 years 9 months 4 days  
Exercise Price     $ 1.4  
Risk free rate     0.46%  
Dividend rate     0.00%  
Expected volatility     51.74%  
Grant date fair value     $ 933,065  
Warrant Ten [Member]        
Number of Warrants     141,875  
Expected life in years     3 years 9 months 4 days  
Exercise Price     $ 0.8  
Risk free rate     0.46%  
Dividend rate     0.00%  
Expected volatility     51.74%  
Grant date fair value     $ 92,108  
Warrant Eleven [Member]        
Number of Warrants 2,035,000   2,035,000  
Expected life in years     3 years 7 months 28 days  
Exercise Price     $ 1.4  
Risk free rate     0.37%  
Dividend rate     0.00%  
Expected volatility     52.94%  
Grant date fair value     $ 1,356,512  
Warrant Twelve [Member]        
Number of Warrants     203,500  
Expected life in years     3 years 7 months 28 days  
Exercise Price     $ 0.8  
Risk free rate     0.37%  
Dividend rate     0.00%  
Expected volatility     52.94%  
Grant date fair value     $ 134,457  
Classes of Warrants 1 [Member]        
Number of Warrants 16,408,250 16,408,250    
Expected life in years 2 years 6 months 2 years 10 months 28 days    
Exercise Price $ 1.4 $ 1.4    
Risk free rate 0.84% 0.21%    
Dividend rate 0.00% 0.00%    
Expected volatility 69.68% 62.96%    
Grant date fair value $ 3,008,245 $ 4,585,539    
Classes Of Warrants 2 [Member]        
Number of Warrants 1,229,993 1,492,038    
Expected life in years 2 years 6 months 2 years 10 months 28 days    
Exercise Price $ 0.8 $ 0.8    
Risk free rate 0.84% 0.21%    
Dividend rate 0.00% 0.00%    
Expected volatility 69.68% 62.96%    
Grant date fair value $ 345,136 $ 550,451