Annual report pursuant to Section 13 and 15(d)

Intangible assets (Tables)

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Intangible assets (Tables)
 12 Months Ended
Mar. 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of intangibles assets

The Company’s intangibles assets consisted of the following:

 

    Estimated useful life     March 31,
2016		     March 31,
2015		  
Patents     15 years     $ 62,847     $ 26,450  
Less: Accumulated amortization             (3,758 )     (1,044 )
Subtotal             59,089       25,406  
Trademarks     —       1,560       1,560  
Intangible assets, net           $ 60,649     $ 26,966  
Schedule of estimated future annual amortization expense

The following table outlines estimated future annual amortization expense for the next five years and thereafter:

 

March 31,      
2017   $ 4,140  
2018     4,140  
2019     4,140  
2020     4,140  
2021     4,140  
Thereafter     38,389  
    $ 59,089