DUE TO RELATED PARTIES AND RELATED PARTY TRANSACTIONS

9 Months Ended

Dec. 31, 2019

DUE TO RELATED PARTIES AND RELATED PARTY TRANSACTIONS

DUE TO RELATED PARTIES AND RELATED PARTY TRANSACTIONS

9.    DUE TO RELATED PARTIES AND RELATED PARTY TRANSACTIONS

Transactions with related parties not disclosed elsewhere in these financial statements consisted of the following:

Compensation:

During the nine month periods ended December 31, 2019 and 2018 respectively, the Company incurred $151,328 and $179,575 respectively, as compensation for all directors and officers.

All related party transactions involving provision of services or tangible assets were recorded at the exchange amount, which is the value established and agreed to by the related parties and reflects arms’ length consideration payable for similar services or transfers.