INVESTMENT DISCLOSURE

6 Months Ended

Sep. 30, 2019

Notes

INVESTMENT DISCLOSURE

NOTE 5 - INVESTMENT

On April 10, 2019, the Company invested $86,443 (€ 76,641) in a private company in Spain, Auxistencia SL. The Company’s investment is less than 10% of the equity of Auxistencia SL and is accounted for at fair market, which is considered equivalent to its cost. The investment was translated to US dollar at $83,454 at September 30, 2019 based on the exchange rate of  €1 = $1.0889 and the difference of $2,989 was transferred to other comprehensive income.

As at September 30, 2019, the management evaluated the investment for any impairment and concluded that there was none.