10-Q

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

Form 10-Q

(Mark one)

[X] Quarterly Report under Section 13 or 15(d) of the Securities Exchange Act of 1934

For the quarterly period September 30, 2017

[  ] Transition Report under Section 13 or 15(d) of the Securities Exchange Act of 1934

For the transition period from ______________ to _____________

Commission file number 333-127389

PLYZER TECHNOLOGIES INC.

(Exact name of registrant as specified in its charter)

Nevada	99-0381956
(State or other jurisdiction of incorporation)	(IRS Employer Identification No.)

47 Avenue Road, Suite 200

Toronto, ON Canada M5R 2G3

(Address of principal executive offices)(Zip Code)

Registrant's telephone number, including area code: (416) 860-0211

Indicate by check mark whether the issuer (1) has filed all reports  required to be filed by Section 13 or 15(d) of the Securities Exchange Act during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.  Yes [X]  No [  ]

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation ST (ss.232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).  Yes [X]  No [  ]

Indicate by check mark whether the registrant is a large accelerated filer,  an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See definitions of “large accelerated filer” “accelerated filer”, ”smaller reporting company” and “emerging growth company” in Rule 12b-2 of the Exchange Act.

Large accelerated filer  [  ]	Accelerated filer  [  ]
Non-accelerated filer  [  ]	Smaller reporting company  [X]
Emerging growth company  [  ]

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  [  ]

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).  Yes [  ]  No [X]

APPLICABLE ONLY TO CORPORATE ISSUERS

State the number of shares outstanding of each of the issuer's classes of common equity, as of the latest practicable date:

As of November 8, 2017, there were 45,516,476 shares of the Issuer's common stock, par value $0.001 per share outstanding.

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

Certain statements in this quarterly report on Form 10-Q contain or may contain forward-looking statements that are subject to known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements.  These forward-looking statements were based on various factors and were derived utilizing numerous assumptions and other factors that could cause our actual results to differ materially from those in the forward-looking statements. These factors include, but are not limited to,  economic, political and market conditions and fluctuations, government and industry regulation,  interest rate risk, U.S. and global competition, and other factors. Most of these factors are difficult to predict accurately and are generally beyond our control. You should consider the areas of risk described in connection with any forward-looking statements that may be made herein. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this report. Readers should carefully review this quarterly report in its entirety, including but not limited to our financial statements and the notes thereto. Except for our ongoing obligations to disclose material information under the Federal securities laws, we undertake no obligation to release publicly any revisions to any forward-looking statements, to report events or to report the occurrence of unanticipated events. For any forward-looking statements contained in any document, we claim the protection of the safe harbour for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995.

2

Contents

PART I. FINANCIAL INFORMATION	4
Item 1. Financial Statements	4
Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations	5
Item 3. Quantitative and Qualitative Disclosures about Market Risk	8
Item 4. Controls and Procedures	8
PART II. OTHER INFORMATION	10
Item 1. Legal Proceedings	10
Item 1A. Risk Factors	10
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds	10
Item 3. Defaults upon Senior Securities	10
Item 4. Mine Safety Disclosures	10
Item 5. Other Information	10
Item 6. Exhibits	10
SIGNATURE	11

3

PART I. FINANCIAL INFORMATION

Item 1. Financial Statements

INDEX TO UNAUDITED CONDENSED FINANCIAL STATEMENTS

Condensed Consolidated Balance Sheets (unaudited)	F-1
Condensed Consolidated Statements of Operations and Comprehensive (Loss) Gain (unaudited)	F-2
Condensed Consolidated Statements of Cash Flows (unaudited)	F-3
Notes to Condensed Consolidated Financial Statements (unaudited)	F-4

4

Plyzer Technologies Inc.

Condensed Consolidated Balance Sheets

	September 30, 2017		March 31, 2017
	(Unaudited)
ASSETS
CURRENT ASSETS
Cash	$	183,539	$	199
Prepaid expenses and deposit		254,974		16,965
Total current assets		438,513		17,164
Furniture and equipment, net		3,496		-
Total Assets	$	442,009	$	17,164
LIABILITIES AND STOCKHOLDERS’ DEFICIT
CURRENT LIABILITIES
Accounts payable and accrued liabilities	$	98,166	$	85,652
Advances from director and shareholder		165,229		74,631
Convertible debts, net of discounts		69,580		-
Derivative liability		234,308		-
Total Current Liabilities		567,283		160,283
Total Liabilities		567,283		160,283
Commitments and Contingencies
STOCKHOLDERS’ (DEFICIT) EQUITY
Common stock, $0.001 par value, authorized      200,000,000 shares; 40,516,476 shares issued and      outstanding at September 30, 2017 and 34,616,476      at March 31, 2017, respectively		40,516		34,616
Additional paid-in capital		3,358,195		3,069,094
Accumulated other comprehensive income		71,638		69,428
Accumulated deficit		(3,595,623)		(3,316,257)
Total Stockholders’ deficit		(125,274)		(143,119)
Total Liabilities and Stockholders’ deficit	$	442,009	$	17,164

The accompanying notes are an integral part of the condensed Consolidated financial statements.

F-1

Plyzer Technologies Inc.

Condensed Consolidated Statements of Operations and Comprehensive (Loss) Gain

(Unaudited)

	Three months ended September 30,				Six months ended September 30,
	2017		2016		2017		2016
REVENUES	$	-	$	-	$	-	$	-
OPERATING EXPENSES:
Development costs		18,482		-		69,483		-
General and administrative expenses		9,159		733		19,763		2,430
Professional fees		11,920		1,100		25,420		2,200
Consulting fees		9,250		(28,750)		19,500		(14,500)
Travel, meals and promotions		3,886		-		27,505		-
Total expenses		52,697		(26,917)		161,671		(9,870)
Income(Loss) from operations		(52,697)		26,917		(161,671)		9,870
Derivative loss		(28,348)		-		(40,808)		-
Interest expense		(62,626)		(444)		(76,887)		(1,003)
Net income(loss)		(143,671)		26,473		(279,366)		8,867
Other comprehensive gain (loss)		1,499		(2,742)		2,210		(2,583)
Comprehensive gain(loss)	$	(142,172)	$	23,731		(277,156)	$	6,284
Net income(loss) per share, basic and dilutive	$	(0.00)	$	0.00	$	(0.01)	$	0.00
Number of weighted average common shares outstanding		38,383,143		34,307,116		36,499,809		34,264,116

The accompanying notes are an integral part of the condensed consolidated financial statements.

F-2

Plyzer Technologies Inc.

Condensed Consolidated Statements of Cash Flows

(Unaudited)

Six months ended September 30,	2017		2016
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income (loss)	$	(279,366)	$	8,867
Adjustments to reconcile net loss to net cash used by operating activities:
Depreciation		699
Consulting fee settled in shares		-		7,000
Gain on write off of accounts payable		-		(36,000)
Debt discount		69,580
Derivative loss		40,808		-
Changes in operating assets and liabilities
(Increase) decrease in prepaid expenses and deposit		(238,009)		350
Increase (decrease) in accounts payable and accrued liabilities		12,514		15,106
Net cash used by operating activities	$	(393,774)	$	(4,677)
CASH FLOWS FROM (INTO) INVESTING ACTIVITIES
Purchase of furniture and equipment		(4,195)
Net cash (used in) investing activities	$	(4,195)	$	-
CASH FLOWS FROM FINANCING ACTIVITIES:
Advances from director and stockholder		90,598		-
Proceeds from share issue		295,001
Proceeds from convertible loan		193,500		-
Net cash provided by financing activities	$	579,099	$	-
Effects of exchange rates on cash	$	2,210	$	(2,583)
Net (decrease) increase in cash		183,340		(7,260)
Cash, beginning of period		199		8,488
Cash, end of period	$	183,539	$	1,228
SUPPLEMENTAL DISCLOSURES
Cash paid during the period
Income taxes	$	-	$	-
Interest paid	$	-	$	-

The accompanying notes are an integral part of the condensed consolidated financial statements.

F-3

Plyzer Technologies Inc.

Six months ended September 30, 2017

Notes to Unaudited Condensed Financial Statements

NOTE 1 - BUSINESS DESCRIPTION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Business Description

Plyzer Technologies Inc. (the “Company”), incorporated on February 23, 2005 under the laws of the state of Nevada, and through its subsidiary in Toronto, Ontario, Canada is engaged in developing commercial web portal aimed at providing solutions for price comparison using artificial intelligence in a number of niche markets.

Basis of Presentation

The unaudited interim financial statements as of September 30, 2017 and for the three and six months ended September 30, 2017 and 2016 have been prepared by the Company pursuant to the rules and regulations of the Securities and Exchange Commission (the “SEC”) for interim financial reporting. These financial statements are unaudited and, in the opinion of management, include all adjustments (consisting of normal recurring adjustments and accruals) necessary to present fairly the balance sheet, operating results and cash flows for the periods presented in accordance with accounting principles generally accepted in the United States of America. Operating results for the three and six months ended September 30, 2017 are not necessarily indicative of the results that may be expected for the fiscal year ending March 31, 2018. Certain information and footnote disclosures normally included in annual financial statements prepared in accordance with accounting principles generally accepted in the United States of America have been omitted in accordance with the SEC’s rules and regulations for interim reporting.

Consolidation

The unaudited consolidated interim financial statements include the accounts of the Company and,

a.

Plyzer Corporation, a wholly owned subsidiary incorporated in the State of Delaware on December 9,  2016.

b.

Plyzer Technologies (Canada) Inc., a wholly owned subsidiary incorporated in Ontario, Canada on April 11, 2017.

The unaudited interim financial statements should be read in conjunction with the Company’s Annual Report filed on Form 10-K for the year ended March 31, 2017. The significant accounting policies followed are same as those detailed in the said Annual Report, except for the following new accounting policies adopted during the six months ended September 30, 2017:

Furniture and equipment

Furniture and equipment items are stated at cost and depreciated to their estimated residual value over their estimated useful lives, which are presently considered to be three years. When assets are retired or otherwise disposed of, the assets and related accumulated depreciation are relieved from the accounts and the resulting gains or losses are included in the Statements of Operations. Repairs and maintenance costs are expensed as incurred. Depreciation is provided using the straight-line method.

F-4

Plyzer Technologies Inc.

Six months ended September 30, 2017

Notes to Unaudited Condensed Financial Statements

Convertible debts and Derivative liability

Convertible loan notes issued by the Company have embedded conversion feature where principal liability and accrued interest are convertible, at the option of the loan holder, into common shares of the Company, at a price, based on the quoted market price of the Company’s common shares on the date of conversion discounted at an agreed percentage. The derivative liability is segregated and initially carried at fair value and subsequently remeasured on each reporting date at their fair value. The difference is taken to income as derivative gains or losses.

The debt discount is amortized over the period of the loan and charged to interest expense. Loan is stated at amortized discount amount.

Basic and Diluted Loss Per Share

In accordance with ASC Topic 280 - "Earnings Per Share", the basic loss per common share is computed by dividing net loss available to common stockholders by the weighted average number of common stock outstanding. Diluted loss per common share is computed similar to basic loss per common share except that the denominator is increased to include the number of additional shares of common stock that would have been outstanding if the potential common stock had been issued and if the additional shares of common stock were dilutive.

Potential common stock consists of the incremental common stock issuable upon the exercise of common stock warrants (using the if-converted method). The computation of basic loss per share for the period ended September 30, 2017 excludes potentially dilutive securities of 8,179,336 shares underlying share purchase warrants and convertible notes, because their inclusion would be antidilutive. As a result, the computations of net loss per share for each period presented is the same for both basic and fully diluted.

Potentially dilutive securities outlined in the table below have been excluded from the computation of diluted net loss per share because the effect of their inclusion would have been anti-dilutive.

	September 30, 2017	March31, 2017
Stock purchase warrants	5,900,000	--
Convertible notes	2,279,336	--
	8,179,336	--

Use of estimates

The financial statements have been prepared in conformity with generally accepted accounting principles (GAAP). In preparing the financial statements, management is required to make estimates and assumptions that affect the reported amounts of assets and liabilities as of the date of the statement of financial position and revenues and expenses for the year then ended. Actual results may differ significantly from those estimates.

F-5

Plyzer Technologies Inc.

Six months ended September 30, 2017

Notes to Unaudited Condensed Financial Statements

NOTE 2 - GOING CONCERN

The Company’s financial statements are prepared using generally accepted accounting principles in the United States of America applicable to a going concern which contemplates the realization of assets and liquidation of liabilities in the normal course of business. The Company has not yet established an ongoing source of revenues sufficient to cover its operating costs and this raises substantial doubt about the Company’s ability to continue as a going concern.  The ability of the Company to continue as a going concern is dependent on the Company obtaining adequate capital to fund operating losses until it becomes profitable. If the Company is unable to obtain adequate capital, it could be forced to cease operations.

In order to continue as a going concern, the Company will need, among other things, additional capital resources. Management’s plan is to obtain such resources for the Company by obtaining capital from significant shareholders sufficient to meet its minimal operating expenses and seeking equity and/or debt financing. While the Company has so far been successful in raising the required capital through debt and equity financing, management cannot provide any assurances that the Company will continue to be able to raise the funding required to complete its development work and commercial launch of the portal successfully in future.

The ability of the Company to continue as a going concern is dependent upon its ability to successfully accomplish the plans described in the preceding paragraph and eventually secure other sources of financing and attain profitable operations. The accompanying financial statements do not include any adjustments that might be necessary if the Company is unable to continue as a going concern.  As of September 30, 2017, the Company has an accumulated deficit amount of approximately $3.6 million.

NOTE 3 - RECENT ACCOUNTING PRONOUNCEMENTS

In May 2014, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") No. 2014-09, "Revenue from Contracts with Customers (Topic 606)". ASU No. 2014-09 supersedes the revenue recognition requirements in "Revenue Recognition (Topic 605)," and requires entities to recognize revenue in a way that depicts the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or service s. In July 2015, the FASB deferred the effective date of this pronouncement by one year to December 15, 2017 for annual reporting periods beginning after that date

In August 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2014-15, Presentation of Financial Statements-Going Concern (Subtopic 205-40)-Disclosure of Uncertainties about an Entity’s Ability to Continue as a Going Concern (“ASU 2014-15”). ASU 2014-15 provides guidance to United States Generally Accepted Accounting Principles ("U.S. GAAP") about management’s responsibility to evaluate whether there is a substantial doubt about an entity’s ability to continue as a going concern and to provide related footnote disclosures. Specifically, ASU 2014-15 (1) defines the term substantial doubt, (2) requires an evaluation of every reporting period including interim periods, (3) provides principles for considering the mitigating effect of management’s plan, (4) requires certain disclosures when substantial doubt is alleviated as a result of consideration of management’s plans, (5) requires an express statement and other disclosures when substantial doubt is not alleviated, and (6) requires an assessment for a period of one year after the date that the financial statements are issued (or available to be issued). The amendments in this update are effective for annual periods beginning after December 15, 2017 and interim periods within those reporting periods. Earlier adoption is permitted. This ASU is not anticipated to have a material impact on the Company's financial statements and notes to the financial statements.

In January 2016, the FASB issued ASU 2016-01, Recognition and Measurement of Financial Assets and Financial Liabilities, which provides guidance for the recognition, measurement, presentation, and disclosure of financial assets and liabilities.  This ASU will be effective for the Company beginning in the first quarter of fiscal year 2019. The Company is evaluating the effects of the adoption of this ASU to its financial statements.

F-6

Plyzer Technologies Inc.

Six months ended September 30, 2017

Notes to Unaudited Condensed Financial Statements

In February 2016, the FASB issued Accounting Standards Update (“ASU”) 2016-02, “Leases (Topic 842)”. Under this guidance, an entity is required to recognize right-of-use assets and lease liabilities on its balance sheet and disclose key information about leasing arrangements. This guidance offers specific accounting guidance for a lessee, a lessor and sale and leaseback transactions. Lessees and lessors are required to disclose qualitative and quantitative information about leasing arrangements to enable a user of the financial statements to assess the amount, timing and uncertainty of cash flows arising from leases. This guidance is effective for annual reporting periods beginning after December 15, 2018, including interim periods within that reporting period, and requires a modified retrospective adoption, with early adoption permitted. The Company does not expect the adoption to have a material

impact on its consolidated financial statements upon adoption.

ASU 2016-10, “Revenue from Contracts with Customers (Topic 606): Identifying Performance Obligations and Licensing (“ASU 2016-10”).” The amendments in ASU 2016-10 clarify the following two aspects of Topic 606: (a) Identifying performance obligations; and (b) the licensing implementation guidance. The amendments do not change the core principle of the guidance in Topic 606. This pronouncement has the same effective date as the new revenue standard, which is effective for annual reporting periods, including interim periods within those annual reporting periods, beginning after December 15, 2017. The Company is currently evaluating the effects of adopting ASU 2016-10 on its consolidated financial statements.

ASU 2016-12, “Revenue from Contracts with Customers (Topic 606): Narrow-Scope Improvements and Practical Expedients (“ASU 2016-12”).” The amendments in ASU 2016-12 provide clarifying guidance in certain narrow areas and add some practical expedients. The effective date and transition requirements for the amendments are the same as the effective date and transition requirements as Topic 606. The guidance will have the same effective date and transition requirements as the ASU 2014-09. The Company is currently evaluating the effects of adopting ASU 2016-12 on its consolidated financial statements.

In June 2016, the FASB issued ASU 2016-13, "Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial instruments." The amendments in this update change how companies measure and recognize credit impairment for many financial assets. The new expected credit loss model will require companies to immediately recognize an estimate of credit losses expected to occur over the remaining life of the financial assets (including trade receivables) that are in the scope of the update. The update also made amendments to the current impairment model for held-to-maturity and available-for-sale debt securities and certain guarantees. The guidance will become effective for us on January 1, 2020. Early adoption is permitted for periods beginning on or after January 1, 2019. We are evaluating the effect of ASU 2016-13 on our consolidated financial statements.

ASU 2016-15, “Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments (“ASU 2016-15”).” ASU 2016-15 eliminates the diversity in practice related to the classification of certain cash receipts and payments for debt prepayments or extinguishment costs, the maturing of a zero-coupon bond, the settlement of contingent liabilities arising from a business combination, proceeds from insurance settlements, distributions from certain equity method investees and beneficial interests obtained in a financial asset securitization. The guidance is effective for annual reporting periods beginning after December 15, 2017, including interim periods within those annual reporting periods. The Company is currently evaluating the effects of adopting ASU 2016-15 on its consolidated financial statements, but the adoption is not expected to have a significant impact as of the filing of this report.

F-7

Plyzer Technologies Inc.

Six months ended September 30, 2017

Notes to Unaudited Condensed Financial Statements

In October 2016, the FASB issued ASU 2016-16, "Income Taxes (Topic 740): Intra-Entity Transfers of Assets Other Than Inventory." The amendments in this update state that an entity should recognize the income tax consequences of an intra-entity transfer of an asset other than inventory, such as intellectual property and property and equipment, when the transfer occurs. The amendments in this update will become effective for us on January 1, 2018. The amendments in this update should be applied on a modified retrospective basis through a cumulative-effect adjustment directly to retained earnings as of the beginning of the period of adoption. We do not expect that the adoption of ASU 2016-16 will have a material effect on our consolidated financial statements and related disclosures.

ASU 2017-01, “Business Combinations (Topic 805) Clarifying the Definition of a Business (“ASU 2017-01”).” In January 2017, the FASB issued ASU 2017-01 to clarify the definition of a business with the objective of adding guidance to assist entities with evaluating whether transactions should be accounted for as acquisitions (or disposals) of assets or businesses. The definition of a business affects many areas of accounting including acquisitions, disposals, goodwill, and consolidation. The guidance is effective for annual reporting periods beginning after December 15, 2017, including interim periods within those annual reporting. The Company is currently evaluating the impact of adopting ASU 2017-01 on its consolidated financial statements.

In August 2017, the FASB issued ASU 2017-12, "Derivatives and Hedging (Topic 815): Targeted Improvements to Accounting for Hedging Activities." The ASU expands and refines hedge accounting for both nonfinancial and financial risk components and aligns the recognition and presentation of the effects of the hedging instrument and the hedged item in the financial statements. In addition, the amendments in this update modify disclosure requirements for presentation of hedging activities. Those modifications include a tabular disclosure related to the effect on the income statement of fair value and cash flow hedges and eliminate the requirement to disclose the ineffective portion of the change in fair value of hedging instruments, if any. The ASU will become effective for us on January 1, 2019. Early application is permitted for all hedging relationships that exist at the date of adoption. We are evaluating the effect of ASU 2017-12 on our consolidated financial statements.

The Company evaluates new pronouncements as issued and evaluates the effect of adoption on the Company at the time. The Company has determined that the adoption of recently adopted accounting pronouncements will not have an impact on the financial statements.

NOTE 4 - PREPAID EXPENSES AND DEPOSIT

	September 30, 2017		March 31, 2017
Prepaid development costs	$	250,479	$	16,965
Rent deposit		2,397		--
Taxes receivable		1,918		--
Prepaid expenses		181		--
	$	254,974	$	16,965

F-8

Plyzer Technologies Inc.

Six months ended September 30, 2017

Notes to Unaudited Condensed Financial Statements

NOTE 5 - CONVERTIBLE DEBTS

		September 30, 2017		March 31, 2017
Balance, at beginning of period		$	--	$	28,000
Accrued interest			--		4,560
Converted to additional paid in capital			--		(31,561)
Converted to common stock			--		(999)
Convertible notes issued	i		193,500		--
Debt discount relating to notes issued			(193,500)		--
Amortization of debt discount			69,580		--
Balance, at end of period		$	69,580	$	--

i.

During the six months ended September 30, 2017, the Company entered into the following Securities Purchased Agreements with independent lenders in connection with the issuance of convertible notes totalling $193,500:

#	Amount in $	Issue date	Maturity date	Interest rate p.a.	Conversion terms	Prepayment terms
1	40,000	30-May-17	30-May-18	8%	The conversion price is a variable conversion price which will be 60% of the market price. Market price is the lowest trading price during twenty trading days prior to the conversion date.	The Company may pay this note any time
2	53,000	24-May-17	28-Feb-18	12%	The conversion price is a variable conversion price which will be 61% of the market price. Market price is the average of the lowest 2 trading prices during 10 trading days prior to the conversion date.	prepayment at premium ranging from 110% to 130% of the loan note if prepaid within 30 day and 180 days respectively. No prepayment after 180 days of issue.
3	28,000	20-Jun-17	20-Mar-18	12%	same as above	prepayment at premium ranging from 110% to 130% of the loan note if prepaid within 30 day and 180 days respectively. No prepayment after 180 days of issue.
4	39,500	08-Jun-17	08-Jun-18	10%	The conversion price is is a variable conversion price which will be 61% of the market price. Market price is the average of the lowest 2 trading prices during 10 trading days prior to the conversion date.
5	33,000	07-Sep-17	15-Jun-18	12%	The conversion price is a variable conversion price which will be 61% of the market price. Market price is the average of the lowest 2 trading prices during 10 trading days prior to the conversion date.	prepayment at premium ranging from 110% to 130% of the loan note if prepaid within 30 day and 180 days respectively. No prepayment after 180 days of issue.
	193,500

F-9

Plyzer Technologies Inc.

Six months ended September 30, 2017

Notes to Unaudited Condensed Financial Statements

NOTE 6 - DERIVATIVE LIABILITIES

	September 30, 2017		March 31, 2017
Balance, at beginning of period	$	-	$	--
Derivative additions associated with convertible notes on issuance		270,237		--
(Gain) on change in fair value as at period end		(35,929)		--
Balance, at end of period	$	234,308	$	--

Since the convertible loan notes issued during the period have a beneficial conversion feature which is contingent upon future market prices, they did not meet the conditions necessary for equity classification and as a result, the imbedded conversion feature is considered a derivative liability. The fair value of the derivative was estimated on the issue date and subsequently remeasured on September 30, 2017 using the Black-Scholes valuation technique, using the following assumptions

	Issue date	Sept. 30, 2017
Expected dividend	nil	nil
Risk free interest rate	1%	1%
Expected volatility	86.54% - 107.84%	105.15%-109.26%
Expected term	245 days - 365 days	214 days -254 days

NOTE 7 - COMMON STOCK

On May 2, 2017, the Company initiated a private placement of up to 10 million Units at a price of $0.05 per Unit. Each Unit consisted of one common share and one warrant. Warrant is convertible into one share at an exercise price of $0.20 per share and is valid for two years.

During the period to September 30, 2017, the Company issued 5.9 million Units for net proceeds of $295,001.

The Company issued on December 21, 2016, 5 million restricted common shares to Lupama as a joining bonus as per the terms of the consulting agreement signed with Lupama. These shares were valued at $350,000, based on the quoted market price of $0.07 per common share on the date of issuance. As per the terms of the consulting agreement, these shares will vest only after 12 months and are subject to the consultant not resigning or the consulting agreement not terminating prior to the vesting date. As a result, the value of the shares will be accounted only on their vesting unconditionally.

At September 30, 2017 and March 31, 2017, the Company had 200,000,000 common shares of par value $0.001 common stock authorized.

NOTE 8 - WARRANTS

As explained in Note 7, the Company issued 5.9 million warrants in connection with the private placement.

Fair value of 5.9 million warrants issued was estimated at $318,782 using the Black-Scholes valuation technique, using the following assumptions:

Expected dividend	nil
Risk free interest rate	1%
Expected volatility	72.695 to 78.97%
Expected term	730 days

Using the relative fair value method, the value of warrants issued was estimated to be $141,785. The value of warrants has been included in the paid in capital.

F-10

Plyzer Technologies Inc.

Six months ended September 30, 2017

Notes to Unaudited Condensed Financial Statements

NOTE 9 - COMMITMENT

Under the terms of the consulting agreement with Lupama, Lupama shall be entitled to receive an additional 25 million restricted common shares as follows:

On Plyzer becoming a fully functional commercial site for consumers	10 million
On Plyzer becoming a fully functional commercial site for companies	5 million
On enrolment of first 100,000 users/month	5 Million
On achievement of first $50,000 in revenue	5 Million

Exact dates on which the above milestones would be achieved was not known as at September 30, 2017.

NOTE 10 - RELATED PARTY TRANSACTIONS

ADVANCES FROM DIRECTOR AND STOCKHOLDER

	September 30, 2017		March 31, 2017
Balance, beginning of period	$	74,631	$	--
Funds advanced (net)		90,598		74,631
Balance, end of period	$	165,229	$	74,631

Funds were advanced from time to time by Mr. Terence Robinson, the CEO and the sole director and by Current Capital Corp., a company owned by a brother of the CEO and a shareholder.

CONSULTING FEES

	Three months ended				Nine months ended
September 30,	2017		2016		2017		2016
Fee charged by the management	$	6,250	$	6,250	$	12,500	$	12,500
Other consulting fees		3,000		1,000		7,000		9,000
	$	9,250	$	7,250	$	19,500	$	21,500

TRAVEL, MEALS AND PROMOTION

Comprises expenses of $27,505 charged by the CEO. (September 30, 2016: $ nil)

ACCOUNTS PAYABLE AND ACCRUED LIABILITIES

Includes $175,450 (March 31, 2017: $25,000) due to the CEO.

TRANSACTIONS WITH LUPAMA PRODUCCIONES S.SL. (LUPAMA)

Lupama’s key owner, Mr. Luis Pallares is the CEO of the Company’s subsidiary, Plyzer Technologies (Canada) Inc.  During the three and six months ended September 30, 2017, Lupama charged $nil and $29,710 respectively (for the three and six months ended September 30, 2016:$nil) towards development costs.

As at September 30, 2017, $250,479 was prepaid to Lupama towards development costs to be incurred. (As at September 30, 2016: $nil)

F-11

Plyzer Technologies Inc.

Six months ended September 30, 2017

Notes to Unaudited Condensed Financial Statements

NOTE 11 - SUBSEQUENT EVENTS

On November 3, 2017, the Company incorporated in Ontario, Canada, a wholly owned subsidiary, Plyzer Blockchain Technologies Inc.

The Company has evaluated subsequent events from the balance sheet date through the date these financial statements were issued and concluded that there are no other events to disclose.

F-12

Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations

The following discussion and analysis should be read in conjunction with our Financial Statements and Notes thereto appearing elsewhere in this Report on Form 10-Q as well as our other SEC filings.

Overview

The Company was incorporated on February 23, 2005 under the laws of the state of Nevada. Effective July 15, 2015, Mr. Terence Robinson was appointed as the Chairman of the Board of directors and is also the Chief Executive Officer and Chief Financial officer of the Company.

On March 31, 2017, the Company changed its name from ZD Ventures Corporation to Plyzer Technologies Inc. (“PLYZER”, the “Company”).

The Company has two subsidiaries, Plyzer Corporation, incorporated in the State of Delaware on December 9, 2016 and Plyzer Technologies (Canada) Inc., incorporated in the Province of Ontario, Canada on April 11, 2017. A new wholly owned subsidiary, BlockChain Technologies Inc. was incorporated in Ontario, Canada on November 3, 2017.

Our principal office is located at 47 Avenue Road, Suite 200, Toronto, Ontario, Canada M5R 2G3. Our telephone number is (416) 860-0211. Our fiscal year end is March 31. Our Canadian subsidiary signed an assignment of lease on May 6, 2017 for premises at 67 Portland St., Toronto, Ontario M5V 2M9, Canada which will expire on December 30, 2017.

PLYZER’s business strategy until March 2015 involved developing a social website, B’ Wished, acquired in July 2012 aimed at driving traffic for various sellers of products and services which can generate revenue through commissions from the associated sellers and advertisements, as well as other related sources for the Company. However, at the end of March 31, 2015, the Management concluded that this was not a commercially viable business and decided to expense all the costs related to this project.  During the fiscal year 2016, the Company also wrote off small investments it had in a couple of emerging technology companies in Spain due to unavailability of adequate information from these entities to support any valuation of these investments.

On November 21, 2016, The Company signed a consulting agreement with an independent Spanish Corporation, Lupama Producciones, S.L. (“Lupama”). Lupama’s key owner, Luis Pallares became the CEO of Plyzer Technologies (Canada) Inc.

The following discussion and analysis should be read in conjunction with the financial statements and accompanying notes of the Company for the three and six months ended September 30, 2017 and the audited financial statements and notes for the year ended March 31, 2017.

Business Plan and Strategy

Lupama is creating an artificial intelligence driven engine for price comparison for the Company, known as “Plyzer”. The focus is on the development of the backend and front end for “customer use”. While the company has so far produced a fairly stable and polished site, it lacks a lot of testing work. In addition to the testing, we also need to finish the composition of some back and front end details and the configuration of some events. After this soft launch, we will review and update any issues that may arise at this stage and build new features to integrate during the public launch expected to be later in the year or early next year. We are currently using development environments and testing production environments.

5

Plyzer is working towards developing marketing strategy, API development and:

·

Automatic deployment

o

Scalable environments (development, stage and production)

o

Test environments

o

Servers enhancement

o

Plyzer features list management

o

CSS and JSS version management

o

web pack installation and implementation in servers

·

Crawling platform

o

229 Spanish pharmacies reached

o

More than 408K prices managed (108171 assigned to products)

o

Average saving 34%

o

Refactor Crawling Process

§

Applying mathematics tests for finding correct prices

§

Improving Process for a better performance

§

Price Validation processes, Process automation

·

QA processes implemented

o

Unitary Tests, Translations Tests, PHP CS Fixer

o

Pre-commit Hook, Code maintenance processes enhancement

·

Translation to English navigation and UX

·

SCRUM implementation

·

SEO

·

Better descriptions, Facebook Graph, Twitter cards

When Plyzer becomes commercially viable, the Company expects revenue streams from several sources like user fee, advertisements, data mining and licencing the technologies for different products and geographical regions.

The Company has however, not yet generated or realized any revenues from business operations.

Results of operations

The Company did not have any operating income since its inception on February 23, 2005 through September 30, 2017. For the three and six months ended September 30, 2017, the Company recognized a net loss of $143,671 and $279,366 respectively compared to net income of $26,473 and $8,867 after reversal of a liability of $36,000 no longer payable for the three and six months ended September 30, 2016 respectively.

Overall operating expenses increased significantly during the three and six months ended September 30, 2017 compared to the three and six months ended September 30, 2016 mainly due to development activities associated with Plyzer. The development cost alone was $18,482 during the three months to September 30, 2017 compared to $nil during the same period in 2016. Other relevant costs included travel and promotions which were $3,886 and $27,505 during the three and six months to September 30, 2017, respectively, compared to $nil during the same three and six month periods in prior fiscal year. Legal and audit costs were $11,920 and $25,420 for the three and six months to September 30, 2017, respectively, compared to $1,100 and $2,200 for the same periods in the previous year, respectively.

Professional Fees

Professional fees for the three and six  months ended September 30, 2017 were $ 11,920 and $25,420 respectively. Approximately $22,000 of the fees for the six months to September 30, 2017 related to legal and due diligence fees paid to the lawyers involved in raising convertible debt financing and the balance of the fees consisted of audit and review fees charged by the independent accountants.

Professional fees for the three and six months ended September 30, 2016 were $1,100 and $2,200 respectively.

6

Consulting fees

Consulting fees for the three and six months ended September 30, 2017 included fees of $6,250 per quarter charged by the CEO and balance of $7,000 represented fees charged for accounting services.

Consulting fees for the three and six months to September 30, 2016 includes accrual of $6,250 and $12,500 respectively as fee for the CEO based on an annual estimate of $ 25,000, $nil and $ 7,000 respectively for fees charged by a shareholder holding over 5% equity and $ 1,000 and $ 2,000 respectively for fees by former CFO. Consulting fee of $36,000 charged by a shareholder in the previous year was reversed as no longer considered payable.

General and administrative expenses

General and administrative costs for the three and six months ended September 30, 2017 included rent and utilities of Toronto office for $3,952 and $10,791 and transfer agent fee and regulatory fees of $1,215 and $4,840 respectively. The increased fee was mainly due to Toronto office, CUSIP change following a name change and processing fees related to convertible loans charged by the transfer agent.

General and administrative costs for the three and six months ended September 30, 2016 included regulatory filing fee of $ 500 and $1,000 and transfer agent’s fee of $ nil and $795 respectively.

Travel, meals and promotion

These costs were incurred by the CEO and mainly involved travelling in Europe and North America in connection with the fund raising and monitoring the progress of the development work.

Interest Expense

Interest expense during the three and six months to September 30, 2017 related to five convertible unsecured loans issued during the period and consisted of debt discount of $56,673 and $69,580 and interest of $5,953 and $7,307 respectively for the three and six months ended September 30, 2017.  Interest rates ranged from 8% to 12% per annum.

During the three and six months ended September 30, 2016, there was only one loan of $ 8,000 outstanding and interest cost thereon was $444 and $1,003 respectively.

Development costs

Development costs related to fees paid to Lupama and other consultant in connection with the development of PLYZER site. The Company also advanced $250,479 to Lupama towards development costs. These payments have been treated as prepaid expenses pending receipt of invoices and details of completed work from Lupama.

The status of development of PLYZER is described in greater detail under business plan and strategy section of this report.

Financial Condition, Liquidity and Capital Resources

For the six months ended September 30, 2017, the Company generated a negative cash flow from operations of $393,774 (six months to September 30, 2016: negative cash flow of $4,677) , which was primarily met from the proceeds from the convertible loans and from equity issuance through private placement and advances from the director and shareholder. In absence of any potential revenue in the near future, the Company will continue to be dependent upon financing raised through equity and debts and advances form its director and shareholders.

Our present material commitments are Plyzer development and maintenance of our Toronto office which may be hiring staff to accelerate development and completion of the beta site. This will depend on our ability to attract funding through private equity placements.

7

As of September 30, 2017, the Company had cash of $183,539 (as at March 31, 2017:  $199). The Company's total assets increased significantly from $17,164 as at March 31, 2017 to $442,009 as at September 30, 2017, due mainly to increase in cash and prepayments related to development costs. Total liabilities also increased from $160,283 as of March 31, 2017 to $567,283 as of September 30, 2017, mainly due to further advances from the director and shareholder and new convertible loans and derivative liability relating to these notes.

Investing activities

During the six months ended September 30, 2017, the Company spent $4,195 on furniture and equipment for the Toronto office of Plyzer Technologies (Canada) Inc. there was no such expenditure during the six-month period ended September 30, 2016.

Financing activities

The Company raised total of $579,099 through equity financing, shareholder advances and debt financing during the six months ended September 30, 2017. Details of the financing are provided in Notes 5 and 7 of the unaudited consolidated condensed financials for the period.

Going Concern

The accompanying financial statements have been prepared assuming that we will continue as a going concern. We have an accumulated deficit of approximately $ 3.6 million. The Company realized a net loss from operations of $279,366, for the six months ended September 30, 2017. These conditions raise substantial doubt about our ability to continue as a going concern. The Company continued to secure additional convertible loans and equity financing and has raised approximately $488,000 during the six months to September 30, 2017. However, there is no guarantee that efforts to raise further financing will success or result in the availability of the required funding.  The financial statements do not include any adjustments that might be necessary if we are unable to continue as a going concern.

Off-balance sheet arrangements

The Company has no off-balance sheet arrangements that have or are reasonably likely to have a current or future effect or change on the Company’s financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources that are material to investors.

Item 3. Quantitative and Qualitative Disclosures about Market Risk

As a smaller reporting company, as defined in Rule 12b-2 of the Exchange Act, we are not required to provide the information required by this item.

Item 4. Controls and Procedures

Evaluation of Disclosure Controls and Procedures

Our management which currently basically comprises our Chief Executive and Financial officer, carried out an evaluation of the effectiveness of our “disclosure controls and procedures” (as defined in the Exchange Act Rules 13a-15(e) and 15-d-15(e)) as of the end of the period covered by this report (the “Evaluation Date”). Based upon that evaluation, the chief executive and  financial officer concluded that as of the Evaluation Date, our disclosure controls and procedures are not effective to ensure that information required to be disclosed by us in the reports that we file or submit under the Exchange Act (i) is recorded, processed, summarized and reported, within the time periods specified in the SEC’s rules and forms and (ii) is accumulated and communicated to our management, including our chief executive  and financial officer, as appropriate to allow timely decisions regarding required disclosure.

8

Our management, including our chief executive and financial officer, does not expect that our disclosure controls and procedures or our internal controls will prevent all errors and all fraud. A control system, no matter how well conceived and operated, can provide only reasonable assurance that the objectives of the control system are met. Further, the design of a control system must reflect the fact that there are resource constraints and the benefits of controls must be considered relative to their costs. Because of the inherent limitations in all control systems, management’s evaluation of controls and procedures can only provide reasonable assurance that all control issues and instances of fraud, if any, within Plyzer group companies have been detected.

Changes in Internal Control Over Financial Reporting

There were no changes in internal control over financial reporting during the three and six months ended September 30, 2017.

Our CEO is the only executive acting as CEO, CFO and corporate secretary and is the sole director.  The Company does not consider hiring any other administrative staff at this stage cost effective.

9

PART II. OTHER INFORMATION

Item 1. Legal Proceedings

None.

Item 1A. Risk Factors

As a “smaller reporting company” as defined by Rule 229.10(f)(1), we are not required to provide the information required by this Item 1A.

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds

On May 2, 2017, the Company initiated a private placement of up to 10 million Units at a price of $0.05 per Unit. Each Unit consisted of one common share and one warrant. Warrant is convertible into one share at an exercise price of $0.20 per share and is valid for two years.

Up to September 30, 2017, the Company issued 5.9 million Units.

Item 3. Defaults upon Senior Securities

None

Item 4. Mine Safety Disclosures

None

Item 5. Other Information

None

Item 6. Exhibits

(a) The following sets forth those exhibits filed pursuant to Item 601 of Regulation S-K:

Exhibit
Number	Descriptions
31.1	*Certification of the Chief Executive and Financial Officer pursuant to Section 302 of Sarbanes-Oxley Act of 2002.
32.1	*Certification of the Chief Executive and Financial Officer pursuant to Section 906 of Sarbanes-Oxley Act of 2002.
101	*The following financial information from our Quarterly Report on Form 10-Q for the quarter ended June 30, 2016 has been formatted in Extensible Business Reporting Language (XBRL): (i) Balance Sheet, (ii) Statement of Operations, (iii) Statement of Cash Flows, and (iv) Notes to Financial Statements

*

Filed herewith.

(b) The following sets forth the Company's reports on Form 8-K that have been filed during the quarter for which this report is filed:

8-K filed on July 10, 2017

10

SIGNATURE

Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

Plyzer Technologies Inc.

By: /s/ Terence Robinson

Terence Robinson

Chief Executive and Financial  Officer,

President and Chairman of the Board*

Date:  November 20, 2017

*   Terence Robinson  has signed both on behalf of the registrant as a duly authorized officer and as the Registrant's principal accounting officer.

11

EX-31.1

Certification of the Chief Executive Officer and Chief Financial Officer pursuant to Rule

13a-14(a) or 15d-14(a) under the Securities Exchange Act of 1934, as adopted pursuant to

Section 302 of the Sarbanes-Oxley Act of 2002

I, Terence Robinson, hereby certify that:

(1) I have reviewed this quarterly report on Form 10-Q for the period ended September 30, 2017 (the “report”) of Plyzer Technologies Inc.;

(2) Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

(3) Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

(4) I am responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

(a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

(b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

(c) Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

(d) Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

(5) I have disclosed, based on my most recent evaluation of internal control over financial reporting, to the registrant's auditors and the audit committee of registrant's board of directors (or persons performing the equivalent functions):

(a) All significant deficiencies in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize and report financial information; and

(b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

Date: November 20, 2017	/s/ Terence Robinson
	Terence Robinson Chief Executive and Financial Officer (principal executive and financial officer)

EX-32.1

CERTIFICATION PURSUANT TO SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

Pursuant to section 906 of the Sarbanes-Oxley Act of 2002 (subsections (a) and (b) of section 1350, chapter 63 of title 18, United States Code), the undersigned officer of Plyzer Technologies Inc. a Nevada corporation (the "Company"), does hereby certify, to the best of his knowledge, that:

1. The Quarterly Report on Form 10-Q for the period ending September 30, 2017 (the "Report") of the Company complies in all material respects with the requirements of section 13(a) or 15(d) of the Securities Exchange Act of 1934, as amended; and

2. The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

/s/ Terence Robinson

Terence Robinson

Chief Executive and Financial Officer

(Principal executive and financial officer)

Date: November 20, 2017

XML

Document and Entity Information	6 Months Ended
	Sep. 30, 2017 shares
Document and Entity Information
Entity Registrant Name	Plyzer Technologies Inc.
Document Type	10-Q
Document Period End Date	Sep. 30, 2017
Amendment Flag	false
Entity Central Index Key	0001334589
Current Fiscal Year End Date	--03-31
Entity Common Stock, Shares Outstanding	40,516,476
Entity Filer Category	Smaller Reporting Company
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Well-known Seasoned Issuer	No
Document Fiscal Year Focus	2018
Document Fiscal Period Focus	Q2
Trading Symbol	plyz

XML

Balance Sheets - USD ($)	Sep. 30, 2017	Mar. 31, 2017
Current Assets
Cash	$ 183,539	$ 199
Prepaid expenses and deposits	254,974	16,965
Total Current Assets	438,513	17,164
Furniture and equipment, net	3,496
TOTAL ASSETS	442,009	17,164
Current Liabilities
Accounts payable and accrued liabilities	98,166	85,652
Due to related parties	165,229	74,631
Convertible debt, net	69,580
Derivative liability	234,308
Total Current Liabilities	567,283	160,283
Long-term Liabilities
TOTAL LIABILITIES	567,283	160,283
STOCKHOLDERS' EQUITY (DEFICIT)
Common stock value	40,516	34,616
Additional paid-in capital	3,358,195	3,069,094
Accumulated other comprehensive income	71,638	69,428
Accumulated deficit	(3,595,623)	(3,316,257)
Total Stockholders' Equity (Deficit)	(125,274)	(143,119)
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)	$ 442,009	$ 17,164

XML

Balance Sheets (parenthetical) - USD ($)	Sep. 30, 2017	Mar. 31, 2017
Balance Sheet
Accumulated depreciation, furniture	$ 0	$ 0
Common stock, par value	$ 0.001	$ 0.001
Common stock, shares authorized	200,000,000	200,000,000
Common stock, shares issued	40,516,476	34,616,476
Common stock, shares outstanding	40,516,476	34,616,476

XML

Statements of Operations - USD ($)	3 Months Ended		6 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Income Statement
Revenues
Operating Expenses
Development costs	18,482		69,483
General and administrative expenses	9,159	733	19,763	2,430
Professional fees	11,920	1,100	25,420	2,200
Consulting fees	9,250	(28,750)	19,500	(14,500)
Bad debt				36,000
Travel, meals and promotions	3,886		27,505
Total expenses	52,697	(26,917)	161,671	(9,870)
Income (loss) from operations	(52,697)	26,917	(161,671)	9,870
Gain (loss) on derivative	(28,348)		(40,808)
Interest expense	62,626	444	76,887	1,003
Net income (loss)	(143,671)	26,473	(279,366)	8,867
Other comprehensive gain (loss)	1,499	(2,742)	2,210	(2,583)
Comprehensive income (loss)	$ (142,172)	$ 23,731	$ (277,156)	$ 6,284
Basic and diluted net income (loss) per share, net	$ 0	$ 0	$ (0.01)	$ 0
Number of weighted average common shares outstanding	38,383,143	34,307,116	36,499,809	34,264,116

XML

Statements of Cash Flows - USD ($)	3 Months Ended	6 Months Ended
	Sep. 30, 2017	Sep. 30, 2017	Sep. 30, 2016
CASH FLOWS FROM OPERATING ACTIVITIES
Net income (loss)	$ (143,671)	$ (279,366)	$ 8,867
Adjustments to reconcile net loss to net cash used by operating activities:
Bad debt			36,000
Depreciation		699
Consulting fee settled in shares			7,000
Debt discount		69,580
Gain (loss) on derivative	(28,348)	(40,808)
Changes in operating assets and liabilities:
(Increase) decrease in prepaid expenses and deposits		(238,009)	350
Increase (decrease) in accounts payable and accrued liabilities		12,514	15,106
Net cash used in operating activities		(393,774)	(4,677)
CASH FLOW IN INVESTING ACTIVITIES
Purchase of furniture and equipment		4,195
Net cash used in investing activities		(4,195)
CASH FLOWS IN FINANCING ACTIVITIES
Advances from related parties		90,598
Proceeds from share issue		295,001
Proceeds from convertible loan		193,500
Net cash provided by financing activities		579,099
Effects of exchange rates on cash		2,210	(2,583)
Net increase (decrease) in cash		183,340	(7,260)
Cash, beginning of period		199	8,488
Cash, end of period	$ 183,539	183,539	1,228
SUPPLEMENTAL DISCLOSURES
Income taxes paid
Interest paid

XML

Business Description and Summary of Significant Accounting Policies

6 Months Ended

Sep. 30, 2017

Notes

Business Description and Summary of Significant Accounting Policies

NOTE 1 - BUSINESS DESCRIPTION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Business Description

Plyzer Technologies Inc. (the “Company”), incorporated on February 23, 2005 under the laws of the state of Nevada, and through its subsidiary in Toronto, Ontario, Canada is engaged in developing commercial web portal aimed at providing solutions for price comparison using artificial intelligence in a number of niche markets.

Basis of Presentation

The unaudited interim financial statements as of September 30, 2017 and for the three and six months ended September 30, 2017 and 2016 have been prepared by the Company pursuant to the rules and regulations of the Securities and Exchange Commission (the “SEC”) for interim financial reporting. These financial statements are unaudited and, in the opinion of management, include all adjustments (consisting of normal recurring adjustments and accruals) necessary to present fairly the balance sheet, operating results and cash flows for the periods presented in accordance with accounting principles generally accepted in the United States of America. Operating results for the three and six months ended September 30, 2017 are not necessarily indicative of the results that may be expected for the fiscal year ending March 31, 2018. Certain information and footnote disclosures normally included in annual financial statements prepared in accordance with accounting principles generally accepted in the United States of America have been omitted in accordance with the SEC’s rules and regulations for interim reporting.

Consolidation

The unaudited consolidated interim financial statements include the accounts of the Company and,

a.            Plyzer Corporation, a wholly owned subsidiary incorporated in the State of Delaware on December 9,  2016.

b.            Plyzer Technologies (Canada) Inc., a wholly owned subsidiary incorporated in Ontario, Canada on April 11, 2017.

The unaudited interim financial statements should be read in conjunction with the Company’s Annual Report filed on Form 10-K for the year ended March 31, 2017. The significant accounting policies followed are same as those detailed in the said Annual Report, except for the following new accounting policies adopted during the six months ended September 30, 2017:

Furniture and equipment

Furniture and equipment items are stated at cost and depreciated to their estimated residual value over their estimated useful lives, which are presently considered to be three years. When assets are retired or otherwise disposed of, the assets and related accumulated depreciation are relieved from the accounts and the resulting gains or losses are included in the Statements of Operations. Repairs and maintenance costs are expensed as incurred. Depreciation is provided using the straight-line method.

Convertible debts and Derivative liability

Convertible loan notes issued by the Company have embedded conversion feature where principal liability and accrued interest are convertible, at the option of the loan holder, into common shares of the Company, at a price, based on the quoted market price of the Company’s common shares on the date of conversion discounted at an agreed percentage. The derivative liability is segregated and initially carried at fair value and subsequently remeasured on each reporting date at their fair value. The difference is taken to income as derivative gains or losses.

The debt discount is amortized over the period of the loan and charged to interest expense. Loan is stated at amortized discount amount.

Basic and Diluted Loss Per Share

In accordance with ASC Topic 280 - "Earnings Per Share", the basic loss per common share is computed by dividing net loss available to common stockholders by the weighted average number of common stock outstanding. Diluted loss per common share is computed similar to basic loss per common share except that the denominator is increased to include the number of additional shares of common stock that would have been outstanding if the potential common stock had been issued and if the additional shares of common stock were dilutive.

Potential common stock consists of the incremental common stock issuable upon the exercise of common stock warrants (using the if-converted method). The computation of basic loss per share for the period ended September 30, 2017 excludes potentially dilutive securities of 8,179,336 shares underlying share purchase warrants and convertible notes, because their inclusion would be antidilutive. As a result, the computations of net loss per share for each period presented is the same for both basic and fully diluted.

Potentially dilutive securities outlined in the table below have been excluded from the computation of diluted net loss per share because the effect of their inclusion would have been anti-dilutive.

	September 30, 2017	March 31, 2017
Stock purchase warrants	5,900,000	--
Convertible notes	2,279,336	--
	8,179,336	--

Use of estimates

The financial statements have been prepared in conformity with generally accepted accounting principles (GAAP). In preparing the financial statements, management is required to make estimates and assumptions that affect the reported amounts of assets and liabilities as of the date of the statement of financial position and revenues and expenses for the year then ended. Actual results may differ significantly from those estimates.

XML

Going Concern

6 Months Ended

Sep. 30, 2017

Notes

Going Concern

NOTE 2 - GOING CONCERN

The Company’s financial statements are prepared using generally accepted accounting principles in the United States of America applicable to a going concern which contemplates the realization of assets and liquidation of liabilities in the normal course of business. The Company has not yet established an ongoing source of revenues sufficient to cover its operating costs and this raises substantial doubt about the Company’s ability to continue as a going concern.  The ability of the Company to continue as a going concern is dependent on the Company obtaining adequate capital to fund operating losses until it becomes profitable. If the Company is unable to obtain adequate capital, it could be forced to cease operations.

In order to continue as a going concern, the Company will need, among other things, additional capital resources. Management’s plan is to obtain such resources for the Company by obtaining capital from significant shareholders sufficient to meet its minimal operating expenses and seeking equity and/or debt financing. While the Company has so far been successful in raising the required capital through debt and equity financing, management cannot provide any assurances that the Company will continue to be able to raise the funding required to complete its development work and commercial launch of the portal successfully in future.

The ability of the Company to continue as a going concern is dependent upon its ability to successfully accomplish the plans described in the preceding paragraph and eventually secure other sources of financing and attain profitable operations. The accompanying financial statements do not include any adjustments that might be necessary if the Company is unable to continue as a going concern.  As of September 30, 2017, the Company has an accumulated deficit amount of approximately $3,595,623 million.

XML

Recent Accounting Pronouncements

6 Months Ended

Sep. 30, 2017

Notes

Recent Accounting Pronouncements

NOTE 3 - RECENT ACCOUNTING PRONOUNCEMENTS

In May 2014, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") No. 2014-09, "Revenue from Contracts with Customers (Topic 606)". ASU No. 2014-09 supersedes the revenue recognition requirements in "Revenue Recognition (Topic 605)," and requires entities to recognize revenue in a way that depicts the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or service s. In July 2015, the FASB deferred the effective date of this pronouncement by one year to December 15, 2017 for annual reporting periods beginning after that date

In August 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2014-15, Presentation of Financial Statements-Going Concern (Subtopic 205-40)-Disclosure of Uncertainties about an Entity’s Ability to Continue as a Going Concern (“ASU 2014-15”). ASU 2014-15 provides guidance to United States Generally Accepted Accounting Principles ("U.S. GAAP") about management’s responsibility to evaluate whether there is a substantial doubt about an entity’s ability to continue as a going concern and to provide related footnote disclosures. Specifically, ASU 2014-15 (1) defines the term substantial doubt, (2) requires an evaluation of every reporting period including interim periods, (3) provides principles for considering the mitigating effect of management’s plan, (4) requires certain disclosures when substantial doubt is alleviated as a result of consideration of management’s plans, (5) requires an express statement and other disclosures when substantial doubt is not alleviated, and (6) requires an assessment for a period of one year after the date that the financial statements are issued (or available to be issued). The amendments in this update are effective for annual periods beginning after December 15, 2017 and interim periods within those reporting periods. Earlier adoption is permitted. This ASU is not anticipated to have a material impact on the Company's financial statements and notes to the financial statements.

In January 2016, the FASB issued ASU 2016-01, Recognition and Measurement of Financial Assets and Financial Liabilities, which provides guidance for the recognition, measurement, presentation, and disclosure of financial assets and liabilities.  This ASU will be effective for the Company beginning in the first quarter of fiscal year 2019. The Company is evaluating the effects of the adoption of this ASU to its financial statements.

In February 2016, the FASB issued Accounting Standards Update (“ASU”) 2016-02, “Leases (Topic 842)”. Under this guidance, an entity is required to recognize right-of-use assets and lease liabilities on its balance sheet and disclose key information about leasing arrangements. This guidance offers specific accounting guidance for a lessee, a lessor and sale and leaseback transactions. Lessees and lessors are required to disclose qualitative and quantitative information about leasing arrangements to enable a user of the financial statements to assess the amount, timing and uncertainty of cash flows arising from leases. This guidance is effective for annual reporting periods beginning after December 15, 2018, including interim periods within that reporting period, and requires a modified retrospective adoption, with early adoption permitted. The Company does not expect the adoption to have a material

impact on its consolidated financial statements upon adoption.

ASU 2016-10, “Revenue from Contracts with Customers (Topic 606): Identifying Performance Obligations and Licensing (“ASU 2016-10”).” The amendments in ASU 2016-10 clarify the following two aspects of Topic 606: (a) Identifying performance obligations; and (b) the licensing implementation guidance. The amendments do not change the core principle of the guidance in Topic 606. This pronouncement has the same effective date as the new revenue standard, which is effective for annual reporting periods, including interim periods within those annual reporting periods, beginning after December 15, 2017. The Company is currently evaluating the effects of adopting ASU 2016-10 on its consolidated financial statements.

ASU 2016-12, “Revenue from Contracts with Customers (Topic 606): Narrow-Scope Improvements and Practical Expedients (“ASU 2016-12”).” The amendments in ASU 2016-12 provide clarifying guidance in certain narrow areas and add some practical expedients. The effective date and transition requirements for the amendments are the same as the effective date and transition requirements as Topic 606. The guidance will have the same effective date and transition requirements as the ASU 2014-09. The Company is currently evaluating the effects of adopting ASU 2016-12 on its consolidated financial statements.

In June 2016, the FASB issued ASU 2016-13, "Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial instruments." The amendments in this update change how companies measure and recognize credit impairment for many financial assets. The new expected credit loss model will require companies to immediately recognize an estimate of credit losses expected to occur over the remaining life of the financial assets (including trade receivables) that are in the scope of the update. The update also made amendments to the current impairment model for held-to-maturity and available-for-sale debt securities and certain guarantees. The guidance will become effective for us on January 1, 2020. Early adoption is permitted for periods beginning on or after January 1, 2019. We are evaluating the effect of ASU 2016-13 on our consolidated financial statements.

ASU 2016-15, “Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments (“ASU 2016-15”).” ASU 2016-15 eliminates the diversity in practice related to the classification of certain cash receipts and payments for debt prepayments or extinguishment costs, the maturing of a zero-coupon bond, the settlement of contingent liabilities arising from a business combination, proceeds from insurance settlements, distributions from certain equity method investees and beneficial interests obtained in a financial asset securitization. The guidance is effective for annual reporting periods beginning after December 15, 2017, including interim periods within those annual reporting periods. The Company is currently evaluating the effects of adopting ASU 2016-15 on its consolidated financial statements, but the adoption is not expected to have a significant impact as of the filing of this report.

In October 2016, the FASB issued ASU 2016-16, "Income Taxes (Topic 740): Intra-Entity Transfers of Assets Other Than Inventory." The amendments in this update state that an entity should recognize the income tax consequences of an intra-entity transfer of an asset other than inventory, such as intellectual property and property and equipment, when the transfer occurs. The amendments in this update will become effective for us on January 1, 2018. The amendments in this update should be applied on a modified retrospective basis through a cumulative-effect adjustment directly to retained earnings as of the beginning of the period of adoption. We do not expect that the adoption of ASU 2016-16 will have a material effect on our consolidated financial statements and related disclosures.

ASU 2017-01, “Business Combinations (Topic 805) Clarifying the Definition of a Business (“ASU 2017-01”).” In January 2017, the FASB issued ASU 2017-01 to clarify the definition of a business with the objective of adding guidance to assist entities with evaluating whether transactions should be accounted for as acquisitions (or disposals) of assets or businesses. The definition of a business affects many areas of accounting including acquisitions, disposals, goodwill, and consolidation. The guidance is effective for annual reporting periods beginning after December 15, 2017, including interim periods within those annual reporting. The Company is currently evaluating the impact of adopting ASU 2017-01 on its consolidated financial statements.

In August 2017, the FASB issued ASU 2017-12, "Derivatives and Hedging (Topic 815): Targeted Improvements to Accounting for Hedging Activities." The ASU expands and refines hedge accounting for both nonfinancial and financial risk components and aligns the recognition and presentation of the effects of the hedging instrument and the hedged item in the financial statements. In addition, the amendments in this update modify disclosure requirements for presentation of hedging activities. Those modifications include a tabular disclosure related to the effect on the income statement of fair value and cash flow hedges and eliminate the requirement to disclose the ineffective portion of the change in fair value of hedging instruments, if any. The ASU will become effective for us on January 1, 2019. Early application is permitted for all hedging relationships that exist at the date of adoption. We are evaluating the effect of ASU 2017-12 on our consolidated financial statements.

The Company evaluates new pronouncements as issued and evaluates the effect of adoption on the Company at the time. The Company has determined that the adoption of recently adopted accounting pronouncements will not have an impact on the financial statements.

XML

Prepaid Expenses and Deposit, Disclosure

6 Months Ended

Sep. 30, 2017

Notes

Prepaid Expenses and Deposit, Disclosure

NOTE 4 - PREPAID EXPENSES AND DEPOSIT

	September 30, 2017		March 31, 2017
Prepaid development costs	$	250,479	$	16,965
Rent deposit		2,397		--
Taxes receivable		1,918		--
Prepaid expenses		181		--
	$	254,974	$	16,965

XML

Convertible Debts, Disclosure

6 Months Ended

Sep. 30, 2017

Notes

Convertible Debts, Disclosure

NOTE 5 - CONVERTIBLE DEBTS

		September 30, 2017		March 31, 2017
Balance, at beginning of period		$	--	$	28,000
Accrued interest			--		4,560
Converted to additional paid in capital			--		(31,561)
Converted to common stock			--		(999)
Convertible notes issued	i		193,500		--
Debt discount relating to notes issued			(193,500)		--
Amortization of debt discount			69,580		--
Balance, at end of period		$	69,580	$	--

i.              During the six months ended September 30, 2017, the Company entered into the following Securities Purchased Agreements with independent lenders in connection with the issuance of convertible notes totalling $193,500:

#	Amount in $	Issue date	Maturity date	Interest rate p.a.	Conversion terms	Prepayment terms
1	40,000	30-May-17	30-May-18	8%	The conversion price is a variable conversion price which will be 60% of the market price. Market price is the lowest trading price during twenty trading days prior to the conversion date.	The Company may pay this note any time
2	53,000	24-May-17	28-Feb-18	12%	The conversion price is a variable conversion price which will be 61% of the market price. Market price is the average of the lowest 2 trading prices during 10 trading days prior to the conversion date.	prepayment at premium ranging from 110% to 130% of the loan note if prepaid within 30 day and 180 days respectively. No prepayment after 180 days of issue.
3	28,000	20-Jun-17	20-Mar-18	12%	same as above	prepayment at premium ranging from 110% to 130% of the loan note if prepaid within 30 day and 180 days respectively. No prepayment after 180 days of issue.
4	39,500	08-Jun-17	08-Jun-18	10%	The conversion price is is a variable conversion price which will be 61% of the market price. Market price is the average of the lowest 2 trading prices during 10 trading days prior to the conversion date.
5	33,000	07-Sep-17	15-Jun-18	12%	The conversion price is a variable conversion price which will be 61% of the market price. Market price is the average of the lowest 2 trading prices during 10 trading days prior to the conversion date.	prepayment at premium ranging from 110% to 130% of the loan note if prepaid within 30 day and 180 days respectively. No prepayment after 180 days of issue.
	193,500

XML

Derivative Liabilities, Disclosure

6 Months Ended

Sep. 30, 2017

Notes

Derivative Liabilities, Disclosure

NOTE 6 - DERIVATIVE LIABILITIES

	September 30, 2017		March 31, 2017
Balance, at beginning of period	$	-	$	--
Derivative additions associated with convertible notes on issuance		270,237		--
(Gain) on change in fair value as at period end		(35,929)		--
Balance, at end of period	$	234,308	$	--

Since the convertible loan notes issued during the period have a beneficial conversion feature which is contingent upon future market prices, they did not meet the conditions necessary for equity classification and as a result, the imbedded conversion feature is considered a derivative liability. The fair value of the derivative was estimated on the issue date and subsequently remeasured on September 30, 2017 using the Black-Scholes valuation technique, using the following assumptions

Issue date:	Sept. 30, 2017	March 31, 2017
Expected dividend	nil	nil
Risk free interest rate	1%	1%
Expected volatility	86.54% - 107.84%	105.15%-109.26%
Expected term	245 days - 365 days	214 days -254 days

XML

Common Stock Disclosure

6 Months Ended

Sep. 30, 2017

Notes

Common Stock Disclosure

NOTE 7 - COMMON STOCK

On May 2, 2017, the Company initiated a private placement of up to 10 million Units at a price of $0.05 per Unit. Each Unit consisted of one common share and one warrant. Warrant is convertible into one share at an exercise price of $0.20 per share and is valid for two years.

During the period to September 30, 2017, the Company issued 5.9 million Units for net proceeds of $295,001.

The Company issued on December 21, 2016, 5 million restricted common shares to Lupama as a joining bonus as per the terms of the consulting agreement signed with Lupama. These shares were valued at $350,000, based on the quoted market price of $0.07 per common share on the date of issuance. As per the terms of the consulting agreement, these shares will vest only after 12 months and are subject to the consultant not resigning or the consulting agreement not terminating prior to the vesting date. As a result, the value of the shares will be accounted only on their vesting unconditionally.

At September 30, 2017 and March 31, 2017, the Company had 200,000,000 common shares of par value $0.001 common stock authorized.

XML

Warrants, Disclosure

6 Months Ended

Sep. 30, 2017

Notes

Warrants, Disclosure

NOTE 8 - WARRANTS

As explained in Note 8, the Company issued 5.9 million warrants in connection with the private placement.

Fair value of 5.9 million warrants issued was estimated at $318,782 using the Black-Scholes valuation technique, using the following assumptions:

Expected dividend	nil
Risk free interest rate	1%
Expected volatility	72.695 to 78.97%
Expected term	730 days

The value of warrants has been included in the paid in capital.

XML

Commitment, Disclosure

6 Months Ended

Sep. 30, 2017

Notes

Commitment, Disclosure

NOTE 9 - COMMITMENT

Under the terms of the consulting agreement with Lupama, Lupama shall be entitled to receive an additional 25 million restricted common shares as follows:

On Plyzer becoming a fully functional commercial site for consumers	10 million
On Plyzer becoming a fully functional commercial site for companies	5 million
On enrolment of first 100,000 users/month	5 Million
On achievement of first $50,000 in revenue	5 Million

Exact dates on which the above milestones would be achieved was not known as at September 30, 2017.

XML

Related Party Transactions, Disclosure

6 Months Ended

Sep. 30, 2017

Notes

Related Party Transactions, Disclosure

NOTE 10 - RELATED PARTY TRANSACTIONS

ADVANCES FROM DIRECTOR AND STOCKHOLDER

	September 30, 2017		March 31, 2017
Balance, beginning of period	$	74,631	$	--
Funds advanced (net)		90,598		74,631
Balance, end of period	$	165,229	$	74,631

Funds were advanced from time to time by Mr. Terence Robinson, the CEO and the sole director and by Current Capital Corp., a company owned by a brother of the CEO and a shareholder.

CONSULTING FEES

	Three months ended				Six months ended
September 30,	2017		2016		2017		2016
Fee charged by the management	$	6,250	$	6,250	$	12,500	$	12,500
Other consulting fees		3,000		1,000		7,000		9,000
	$	9,250	$	7,250	$	19,500	$	21,500

TRAVEL, MEALS AND PROMOTION

Comprises expenses of $27,505 charged by the CEO. (September 30, 2016: $ nil)

ACCOUNTS PAYABLE AND ACCRUED LIABILITIES

Includes $175,450 (March 31, 2017: $25,000) due to the CEO.

TRANSACTIONS WITH LUPAMA PRODUCCIONES S.SL. (LUPAMA)

Lupama’s key owner, Mr. Luis Pallares is the CEO of the Company’s subsidiary, Plyzer Technologies (Canada) Inc.  During the three and six months ended September 30, 2017, Lupama charged $nil and $29,710 respectively (for the three and six months ended September 30, 2016:$nil) towards development costs.

As at September 30, 2017, $250,479 was prepaid to Lupama towards development costs to be incurred. (As at September 30, 2016: $nil)

XML

Subsequent Events

6 Months Ended

Sep. 30, 2017

Notes

Subsequent Events

NOTE 11 - SUBSEQUENT EVENTS

On November 3, 2017, the Company incorporated in Ontario, Canada, a wholly owned subsidiary, Plyzer Blockchain Technologies Inc.

The Company has evaluated subsequent events from the balance sheet date through the date these financial statements were issued and concluded that there are no other events to disclose.

XML

Business Description and Summary of Significant Accounting Policies: Basis of Presentation (Policies)

6 Months Ended

Sep. 30, 2017

Policies

Basis of Presentation

Basis of Presentation

The unaudited interim financial statements as of September 30, 2017 and for the three and six months ended September 30, 2017 and 2016 have been prepared by the Company pursuant to the rules and regulations of the Securities and Exchange Commission (the “SEC”) for interim financial reporting. These financial statements are unaudited and, in the opinion of management, include all adjustments (consisting of normal recurring adjustments and accruals) necessary to present fairly the balance sheet, operating results and cash flows for the periods presented in accordance with accounting principles generally accepted in the United States of America. Operating results for the three and six months ended September 30, 2017 are not necessarily indicative of the results that may be expected for the fiscal year ending March 31, 2018. Certain information and footnote disclosures normally included in annual financial statements prepared in accordance with accounting principles generally accepted in the United States of America have been omitted in accordance with the SEC’s rules and regulations for interim reporting.

XML

Business Description and Summary of Significant Accounting Policies: Consolidation, Policy (Policies)

6 Months Ended

Sep. 30, 2017

Policies

Consolidation, Policy

Consolidation

The unaudited consolidated interim financial statements include the accounts of the Company and,

a.            Plyzer Corporation, a wholly owned subsidiary incorporated in the State of Delaware on December 9,  2016.

b.            Plyzer Technologies (Canada) Inc., a wholly owned subsidiary incorporated in Ontario, Canada on April 11, 2017.

The unaudited interim financial statements should be read in conjunction with the Company’s Annual Report filed on Form 10-K for the year ended March 31, 2017. The significant accounting policies followed are same as those detailed in the said Annual Report, except for the following new accounting policies adopted during the six months ended September 30, 2017:

XML

Business Description and Summary of Significant Accounting Policies: Furniture and Equipment, Policy (Policies)

6 Months Ended

Sep. 30, 2017

Policies

Furniture and Equipment, Policy

Furniture and equipment

Furniture and equipment items are stated at cost and depreciated to their estimated residual value over their estimated useful lives, which are presently considered to be three years. When assets are retired or otherwise disposed of, the assets and related accumulated depreciation are relieved from the accounts and the resulting gains or losses are included in the Statements of Operations. Repairs and maintenance costs are expensed as incurred. Depreciation is provided using the straight-line method.

XML

Business Description and Summary of Significant Accounting Policies: Convertible Debts and Derivative Liability, Policy (Policies)

6 Months Ended

Sep. 30, 2017

Policies

Convertible Debts and Derivative Liability, Policy

Convertible debts and Derivative liability

Convertible loan notes issued by the Company have embedded conversion feature where principal liability and accrued interest are convertible, at the option of the loan holder, into common shares of the Company, at a price, based on the quoted market price of the Company’s common shares on the date of conversion discounted at an agreed percentage. The derivative liability is segregated and initially carried at fair value and subsequently remeasured on each reporting date at their fair value. The difference is taken to income as derivative gains or losses.

The debt discount is amortized over the period of the loan and charged to interest expense. Loan is stated at amortized discount amount.

XML

Business Description and Summary of Significant Accounting Policies: Basic and Diluted Loss Per Share, Policy (Policies)

6 Months Ended

Sep. 30, 2017

Policies

Basic and Diluted Loss Per Share, Policy

Basic and Diluted Loss Per Share

In accordance with ASC Topic 280 - "Earnings Per Share", the basic loss per common share is computed by dividing net loss available to common stockholders by the weighted average number of common stock outstanding. Diluted loss per common share is computed similar to basic loss per common share except that the denominator is increased to include the number of additional shares of common stock that would have been outstanding if the potential common stock had been issued and if the additional shares of common stock were dilutive.

Potential common stock consists of the incremental common stock issuable upon the exercise of common stock warrants (using the if-converted method). The computation of basic loss per share for the period ended September 30, 2017 excludes potentially dilutive securities of 8,179,336 shares underlying share purchase warrants and convertible notes, because their inclusion would be antidilutive. As a result, the computations of net loss per share for each period presented is the same for both basic and fully diluted.

Potentially dilutive securities outlined in the table below have been excluded from the computation of diluted net loss per share because the effect of their inclusion would have been anti-dilutive.

	September 30, 2017	March 31, 2017
Stock purchase warrants	5,900,000	--
Convertible notes	2,279,336	--
	8,179,336	--

XML

Business Description and Summary of Significant Accounting Policies: Use of Estimates (Policies)

6 Months Ended

Sep. 30, 2017

Policies

Use of Estimates

Use of estimates

The financial statements have been prepared in conformity with generally accepted accounting principles (GAAP). In preparing the financial statements, management is required to make estimates and assumptions that affect the reported amounts of assets and liabilities as of the date of the statement of financial position and revenues and expenses for the year then ended. Actual results may differ significantly from those estimates.

XML

Business Description and Summary of Significant Accounting Policies: Basic and Diluted Loss Per Share, Policy: Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share (Tables)

6 Months Ended

Sep. 30, 2017

Tables/Schedules

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

	September 30, 2017	March 31, 2017
Stock purchase warrants	5,900,000	--
Convertible notes	2,279,336	--
	8,179,336	--

XML

Prepaid Expenses and Deposit, Disclosure: Schedule of Prepaid Expenses and Deposits (Tables)

6 Months Ended

Sep. 30, 2017

Tables/Schedules

Schedule of Prepaid Expenses and Deposits

	September 30, 2017		March 31, 2017
Prepaid development costs	$	250,479	$	16,965
Rent deposit		2,397		--
Taxes receivable		1,918		--
Prepaid expenses		181		--
	$	254,974	$	16,965

XML

Convertible Debts, Disclosure: Schedule of Convertible Debt (Tables)

6 Months Ended

Sep. 30, 2017

Tables/Schedules

Schedule of Convertible Debt

		September 30, 2017		March 31, 2017
Balance, at beginning of period		$	--	$	28,000
Accrued interest			--		4,560
Converted to additional paid in capital			--		(31,561)
Converted to common stock			--		(999)
Convertible notes issued	i		193,500		--
Debt discount relating to notes issued			(193,500)		--
Amortization of debt discount			69,580		--
Balance, at end of period		$	69,580	$	--

XML

Convertible Debts, Disclosure: Schedule of Debt Conversions Terms (Tables)

6 Months Ended

Sep. 30, 2017

Tables/Schedules

Schedule of Debt Conversions Terms

#	Amount in $	Issue date	Maturity date	Interest rate p.a.	Conversion terms	Prepayment terms
1	40,000	30-May-17	30-May-18	8%	The conversion price is a variable conversion price which will be 60% of the market price. Market price is the lowest trading price during twenty trading days prior to the conversion date.	The Company may pay this note any time
2	53,000	24-May-17	28-Feb-18	12%	The conversion price is a variable conversion price which will be 61% of the market price. Market price is the average of the lowest 2 trading prices during 10 trading days prior to the conversion date.	prepayment at premium ranging from 110% to 130% of the loan note if prepaid within 30 day and 180 days respectively. No prepayment after 180 days of issue.
3	28,000	20-Jun-17	20-Mar-18	12%	same as above	prepayment at premium ranging from 110% to 130% of the loan note if prepaid within 30 day and 180 days respectively. No prepayment after 180 days of issue.
4	39,500	08-Jun-17	08-Jun-18	10%	The conversion price is is a variable conversion price which will be 61% of the market price. Market price is the average of the lowest 2 trading prices during 10 trading days prior to the conversion date.
5	33,000	07-Sep-17	15-Jun-18	12%	The conversion price is a variable conversion price which will be 61% of the market price. Market price is the average of the lowest 2 trading prices during 10 trading days prior to the conversion date.	prepayment at premium ranging from 110% to 130% of the loan note if prepaid within 30 day and 180 days respectively. No prepayment after 180 days of issue.
	193,500

XML

Derivative Liabilities, Disclosure: Schedule of Derivative Liabilities (Tables)

6 Months Ended

Sep. 30, 2017

Tables/Schedules

Schedule of Derivative Liabilities

	September 30, 2017		March 31, 2017
Balance, at beginning of period	$	-	$	--
Derivative additions associated with convertible notes on issuance		270,237		--
(Gain) on change in fair value as at period end		(35,929)		--
Balance, at end of period	$	234,308	$	--

XML

Derivative Liabilities, Disclosure: Schedule of Fair Value Assumptions Used (Tables)

6 Months Ended

Sep. 30, 2017

Tables/Schedules

Schedule of Fair Value Assumptions Used

Issue date:	Sept. 30, 2017	March 31, 2017
Expected dividend	nil	nil
Risk free interest rate	1%	1%
Expected volatility	86.54% - 107.84%	105.15%-109.26%
Expected term	245 days - 365 days	214 days -254 days

XML

Warrants, Disclosure: Schedule of Warrants Valuation (Tables)

6 Months Ended

Sep. 30, 2017

Tables/Schedules

Schedule of Warrants Valuation

Expected dividend	nil
Risk free interest rate	1%
Expected volatility	72.695 to 78.97%
Expected term	730 days

XML

Commitment, Disclosure: Schedule of Consulting Agreement Share Commitment (Tables)

6 Months Ended

Sep. 30, 2017

Tables/Schedules

Schedule of Consulting Agreement Share Commitment

On Plyzer becoming a fully functional commercial site for consumers	10 million
On Plyzer becoming a fully functional commercial site for companies	5 million
On enrolment of first 100,000 users/month	5 Million
On achievement of first $50,000 in revenue	5 Million

XML

Related Party Transactions, Disclosure: Schedule of Advances from Stockholder (Tables)

6 Months Ended

Sep. 30, 2017

Tables/Schedules

Schedule of Advances from Stockholder

	September 30, 2017		March 31, 2017
Balance, beginning of period	$	74,631	$	--
Funds advanced (net)		90,598		74,631
Balance, end of period	$	165,229	$	74,631

XML

Related Party Transactions, Disclosure: Schedule of Consulting Fees from Related Parties (Tables)

6 Months Ended

Sep. 30, 2017

Tables/Schedules

Schedule of Consulting Fees from Related Parties

	Three months ended				Six months ended
September 30,	2017		2016		2017		2016
Fee charged by the management	$	6,250	$	6,250	$	12,500	$	12,500
Other consulting fees		3,000		1,000		7,000		9,000
	$	9,250	$	7,250	$	19,500	$	21,500

XML

Business Description and Summary of Significant Accounting Policies: Basic and Diluted Loss Per Share, Policy: Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share (Details)	6 Months Ended
	Sep. 30, 2017 shares
Potentially dilutive securities excluded from the computation of diluted net loss per share	8,179,336
Stock purchase warrants (Potentially dilutive securities)
Potentially dilutive securities excluded from the computation of diluted net loss per share	5,900,000
Convertible notes (Potentially dilutive securities)
Potentially dilutive securities excluded from the computation of diluted net loss per share	2,279,336

XML

Going Concern (Details) - USD ($)	Sep. 30, 2017	Mar. 31, 2017
Details
Accumulated deficit	$ 3,595,623	$ 3,316,257

XML

Prepaid Expenses and Deposit, Disclosure: Schedule of Prepaid Expenses and Deposits (Details) - USD ($)	Sep. 30, 2017	Mar. 31, 2017
Prepaid expenses and deposits	$ 254,974	$ 16,965
Prepaid development costs
Prepaid expenses and deposits	250,479	$ 16,965
Rent deposit
Prepaid expenses and deposits	2,397
Taxes receivable
Prepaid expenses and deposits	1,918
Prepaid fee
Prepaid expenses and deposits	$ 181

XML

Convertible Debts, Disclosure: Schedule of Convertible Debt (Details) - USD ($)	Sep. 30, 2017	Mar. 31, 2017	Mar. 31, 2016
Convertible debt, net	$ 69,580		$ 28,000
Accrued interest on convertible debt
Convertible debts, gross		$ 4,560
Converted to additional paid-in capital
Convertible debts, gross		(31,561)
Converted to common stock
Convertible debts, gross		$ (999)
Convertible notes issued
Convertible debts, gross	193,500
Debt discount relating to notes issued
Convertible debts, gross	(193,500)
BCF amortization of discount
Convertible debts, gross	$ 69,580

XML

Convertible Debts, Disclosure (Details)	6 Months Ended
	Sep. 30, 2017 USD ($)
Details
Proceeds from convertible loan	$ 193,500

XML

Derivative Liabilities, Disclosure: Schedule of Derivative Liabilities (Details)	6 Months Ended
	Sep. 30, 2017 USD ($)
Details
Derivative additions associated with convertible notes	$ 270,237
Gain on change in fair value as at period end	35,929
Derivative liability	$ 234,308

XML

Common Stock Disclosure (Details) - USD ($)	6 Months Ended	12 Months Ended
	Sep. 30, 2017	Mar. 31, 2017
Common stock authorized for issuance	200,000,000	200,000,000
Common stock par value	$ 0.001	$ 0.001
Private Placement Issuance
Common stock issued for cash	5,900,000
Proceeds from sale of common stock	$ 295,001
Lupama Consulting Agreement
Restricted common shares issued, bonus, not yet vested		5,000,000
Value of restricted common share bonus		$ 350,000

XML

Warrants, Disclosure (Details) shares in Millions, $ in Millions	Sep. 30, 2017 USD ($) shares
Details
Warrants issued | shares	5.9
Warrants estimated value | $	$ 318,782

XML

Related Party Transactions, Disclosure: Schedule of Advances from Stockholder (Details) - USD ($)	6 Months Ended
	Sep. 30, 2017	Mar. 31, 2017
Due to related party	$ 165,229	$ 74,631
Advances from related parties	90,598
Advances from a director and stockholder
Due to related party	165,229	$ 74,631
Advances from related parties	$ 90,598

XML

Related Party Transactions, Disclosure: Schedule of Consulting Fees from Related Parties (Details) - USD ($)	3 Months Ended		6 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Consulting fees - related parties	$ 9,250	$ 7,250	$ 19,500	$ 21,500
Fee Charged by management
Consulting fees - related parties	6,250	6,250	12,500	12,500
Other consulting fees
Consulting fees - related parties	$ 3,000	$ 1,000	$ 7,000	$ 9,000

XML

Related Party Transactions, Disclosure (Details) - USD ($)	3 Months Ended	6 Months Ended
	Sep. 30, 2017	Sep. 30, 2017	Mar. 31, 2017
Travel, meals and promotions	$ 3,886	$ 27,505
Fee Charged by management
Travel, meals and promotions		27,505
Due to the CEO
Accounts Payable and Accrued Liabilities - related party	$ 175,450	$ 175,450	$ 25,000