13 NON-CONTROLLING INTEREST
7, 2011, the Company sold 104,167 common shares of GSI for $500,000 for 1%
non-controlling ownership interest, resulting in the
reclassification of $21,390 from additional paid-in capital to non-controlling
interest on that date. During the year ended March 31, 2012, $7,167 of losses
were allocated to the non-controlling interest, resulting in non-controlling
interest of $14,223
as of March 31, 2012.