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EXCEL - IDEA: XBRL DOCUMENT - Universal ResourcesFinancial_Report.xls
10-Q - FORM 10-Q - Universal Resourcesv329129_10q.htm
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EX-32.1 - EXHIBIT 32.1 - Universal Resourcesv329129_ex32-1.htm
EX-32.2 - EXHIBIT 32.2 - Universal Resourcesv329129_ex32-2.htm
EX-31.2 - EXHIBIT 31.2 - Universal Resourcesv329129_ex31-2.htm
EX-31.1 - EXHIBIT 31.1 - Universal Resourcesv329129_ex31-1.htm
v2.4.0.6
Common Stock and Warrant Transactions (Tables)
6 Months Ended
Sep. 30, 2012
Stockholders' Equity Note [Abstract]  
Disclosure of Share-based Compensation Arrangements by Share-based Payment Award [Table Text Block]

All warrants granted are recorded at fair value using a generally accepted warrant pricing model at the date of the grant.  For purposes of determining the warrant value at issuance, the fair value of each warrant granted is measured at the date of the grant by the warrant pricing model with the following assumptions:

 

Dividend yield     0.00 %
Risk free interest rate     1.00 %
Volatility     25.00 %

 

Schedule of Other Share-based Compensation, Activity [Table Text Block]

The following is a summary of common stock warrants outstanding at September 30, 2012.

 

          Average     Average  
          Exercise Price     Years to Maturity  
                   
Balance at March 31, 2012     0                  
                         
Issues     3,650,000                  
Exercises     0                  
Expired     0                  
                         
Balance st September 30, 2012     3,650,000     $ 0.02       0.99