Related Party Transactions	3 Months Ended
Related Party Transactions	Jun. 30, 2013
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS	NOTE 9. RELATED PARTY TRANSACTIONS The Company’s revenue was generated through QGBS, which was discontinued in July 2012. As such, all the sales disclosed in this note were from discontinued operations. After the Company’s Annual Shareholders’ Meeting that was held on December 20, 2012, five of our former Directors either resigned or were not re-elected, the Company has reduced the number of the Board members from 10 to 5 members. As such, the transactions disclosed in this note also include transactions with former Directors. The Company had sales of $1,885 to an entity which is 95% owned by a former Director of the Company during the three months ended June 30, 2012. The Company had purchases of $28,596 from an entity that is wholly-owned by the wife of a former Director of the Company during the three months ended June 30, 2012. The Company had payables of $8,860 to an entity wholly-owned by an officer of the Company on June 30, 2013 for accounting services rendered and recorded $3,690 of professional service expenses during the three months ended June 30, 2013. The Company recorded $7,390 of accounting services expenses during the three months ended June 30, 2012. The Company also had payables of $7,230 to this same entity on March 31, 2013. Further, the Company recorded $518 of professional service expenses related to compliance fillings during the three months ended June 30, 2012. The Company had sales of $5,735 to an entity wholly-owned by a former Director during the three months ended June 30, 2012. This entity also performed warehouse repairs, inventory movements and provided a temporary warehouse location for the Company. The Company had payables of $9,015 to this entity as of June 30, 2013 and March 31, 2013. As discussed in Note 5, prior to March 31, 2013, QGBS entered into promissory notes agreements with its stockholder totaling $20,000. There were no principal and/or interest payments during the three months ended June 30, 2013. Principal and/or interest payments of $10,800 were paid on out to these notes during the three months ended June 30, 2012. As discussed in Note 5, prior to March 31, 2012, the Company entered into promissory note agreements with seven of its Directors in the amount of $5,000 each, totaling $35,000. In December 2012, the due dates of these note agreements were extended to December 2013.

The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates.

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Elite Energies, Inc. 10-Q