COMMON AND PREFERRED STOCK TRANSACTIONS

12 Months Ended

Mar. 31, 2024

Equity [Abstract]

COMMON AND PREFERRED STOCK TRANSACTIONS

NOTE 6 - COMMON AND PREFERRED STOCK TRANSACTIONS

a. Common Stock

The Company has 150,000,000 authorized shares of common stock, no par value. At March 31, 2024, the total common shares issued and outstanding was 124,733,494. As of March 31, 2023, the total common shares issued and outstanding was 125,732,479.

During the year ended March 31, 2024, the Company had no option expense. During the year ended March 31, 2023, the Company expensed $15,990 related to options granted.

During the year ended March 31, 2024, the Company did not issue any shares of common stock. During the year ended March 31, 2023, the Company issued 1,250,000 shares of “restricted” Rule 144 common stock related to the exercise of employee performance options.

During the year ended March 31, 2024, the Company repurchased 998,985 shares common stock at $0.065 per share for total payments of $64,933. These shares were then immediately cancelled. No shares were repurchased during the year ended March 31, 2023.

b. Preferred Stock

The Company has 20,000,000 authorized shares of preferred stock. As of March 31, 2024, and March 31, 2023, there were no preferred shares issued or outstanding.

As of March 31, 2024 and 2023, the Company had no dilutive instruments outstanding.