13. STOCKHOLDERS' DEFICIT

12 Months Ended

Mar. 31, 2023

Notes

13. STOCKHOLDERS' DEFICIT

13.  STOCKHOLDERS’ (DEFICIT) EQUITY

The stockholders’ (deficit) equity of the Company comprises the following classes of capital stock as of March 31, 2023 and 2022:

Preferred Stock, $0.001 par value per share; 9,000,000 shares authorized, 0 issued and outstanding on March 31, 2023 and 2022.

Series A Convertible Preferred Stock (‘Series A Preferred Stock”), $0.001 par value share; 1,000,000 shares authorized: 1,000,000 shares issued and outstanding on March 31, 2023 and 2022.

Holders of Series A Preferred Stock may convert one share of Series A Preferred Stock into ten shares of Common Stock.  Holders of Series A Preferred Stock have the number of votes determined by multiplying (a) the number of Series A Preferred Stock held by such holder, (b) the number of issued and outstanding Series A Preferred Stock and Common Stock on a fully diluted basis, and (c) 0.000006.  

Common Stock, par value of $0.001 per share; 5,000,000,000 shares authorized: 1,313,531,142 and 400,659,071 shares issued and outstanding on March 31, 2023 and 2022, respectively. Holders of Common Stock have one vote per share of Common Stock held.

Common Stock Issued

(i)Year Ended March 31, 2023 

On April 8, 2022, the Company issued 6,000,000 shares of common stock to satisfy obligations under share subscription agreements of $10,000 for cash included in share subscriptions payable.

On April 11, 2022, the Company issued 8,064,516 shares of common stock to satisfy obligations under share subscription agreements of $44,355 for settlement of convertible notes included in share subscriptions payable.

On April 11, 2022, the Company issued 5,450,000 shares of common stock to satisfy obligations under share subscription agreements of $28,340 for settlement of services included in share subscriptions payable.

On April 14, 2022, the Company issued 5,646,429 shares of common stock to satisfy obligations under share subscription agreements of $25,409 for settlement of convertible notes included in share subscriptions payable.

On May 5, 2022, the Company issued 6,000,000 shares of common stock to satisfy obligations under share subscription agreements of $6,000 for cash included in share subscriptions payable.

On June 1, 2022, the Company issued 7,500,000 shares of common stock to satisfy obligations under share subscription agreements of $7,500 for cash included in share subscriptions payable.

On June 9, 2022, the Company issued 40,000,000 shares of common stock to satisfy obligations under share subscription agreements of $40,000 for cash included in share subscriptions payable.

On June 10, 2022, the Company issued 7,894,737 shares of common stock to satisfy obligations under share subscription agreements of $22,895 for settlement of convertible notes included in share subscriptions payable.

On June 16, 2022, the Company issued 30,000,000 shares of common stock to satisfy obligations under share subscription agreements of $150,000 for purchase of equipment included in share subscription payable.

On June 21, 2022, the Company erroneously issued 14,799,375 shares of common stock to satisfy obligations under share subscription agreements of $50,318 to warrant holders included in share subscriptions payable. The fair value of these shares of $50,318 is included in gain on change in fair value and settlement of convertible promissory notes and derivative liabilities on the consolidated statements of operations.

On June 27, 2022, the Company issued 14,285,714 shares of common stock to satisfy obligations under share subscription agreements of $40,000 for settlement of convertible notes included in share subscriptions payable.

On July 18, 2022, the Company issued 13,650,000 shares of common stock to satisfy obligations under share subscription agreements of $27,435 for settlement of services included in share subscriptions payable.

On August 2, 2022, the Company issued 4,841,667 shares of common stock to satisfy obligations under share subscription agreements of $10,168 for settlement of convertible notes included in share subscriptions payable.

On August 4, 2022, the Company issued 12,500,000 shares of common stock to satisfy obligations under share subscription agreements of $23,750 for settlement of convertible notes included in share subscriptions payable.

On August 11, 2022, the Company issued 25,925,000 shares of common stock to satisfy obligations under share subscription agreements of $54,443 for settlement of convertible notes included in share subscriptions payable.

On August 15, 2022, the Company issued 10,000,000 shares of common stock to satisfy obligations under share subscription agreements of $20,000 for settlement of services included in share subscriptions payable.

On August 16, 2022, the Company issued 50,000,000 shares of common stock to satisfy obligations under share subscription agreements of $65,000 for settlement of interest payable included in share subscriptions payable.

On August 22, 2022, the Company issued 18,181,818 shares of common stock to satisfy obligations under share subscription agreements of $30,909 for settlement of convertible notes included in share subscriptions payable.

On September 7, 2022, the Company issued 24,615,385 shares of common stock to satisfy obligations under share subscription agreements of $36,923 for settlement of convertible notes included in share subscriptions payable.

On September 15, 2022, the Company issued 22,222,222 shares of common stock to satisfy obligations under share subscription agreements of $28,889 for settlement of convertible notes included in share subscriptions payable.

On September 27, 2022, the Company issued 30,769,231 shares of common stock to satisfy obligations under share subscription agreements of $24,615 for settlement of convertible notes included in share subscriptions payable.

On September 28, 2022, the Company issued 20,000,000 shares of common stock to satisfy obligations under share subscription agreements of $20,000 for cash included in share subscriptions payable.

On October 11, 2022, the Company issued 22,728,814 shares of common stock to satisfy obligations under share subscription agreements of $25,002 for settlement of convertible notes included in share subscriptions payable.

On October 19, 2022, the Company issued 13,650,000 shares of common stock to satisfy obligations under share subscription agreements of $13,650 for settlement of services included in share subscriptions payable.

On October 19, 2022, the Company issued 32,608,696 shares of common stock to satisfy obligations under share subscription agreements of $26,087 for settlement of convertible notes included in share subscriptions payable.

On November 17, 2022, the Company issued 15,000,000 shares of common stock to satisfy obligations under share subscription agreements of $15,000 for cash included in share subscriptions payable.

On November 17, 2022, the Company issued 85,000,000 shares of common stock to satisfy obligations under share subscription agreements of $68,000 for settlement of services included in share subscriptions payable.

On November 23, 2022, the Company issued 42,307,692 shares of common stock to satisfy obligations under share subscription agreements of $29,615 for settlement of convertible notes included in share subscriptions payable.

On December 1, 2022, the Company issued 23,871,795 shares of common stock to satisfy obligations under share subscription agreements of $18,937 for settlement of convertible notes included in share subscriptions payable.

On December 15, 2022, the Company issued 42,307,692 shares of common stock to satisfy obligations under share subscription agreements of $21,154 for settlement of convertible notes included in share subscriptions payable.

On December 19, 2022, the Company issued 52,692,307 shares of common stock to satisfy obligations under share subscription agreements of $26,346 for settlement of convertible notes included in share subscriptions payable.

On January 11, 2023, the Company issued 52,700,000 shares of common stock to satisfy obligations under share subscription agreements of $42,160 for settlement of convertible notes included in share subscriptions payable.

On January 30, 2023, the Company issued 48,500,150 shares of common stock to satisfy obligations under share subscription agreements of $33,000 for settlement of cash included in share subscriptions payable.

On January 30, 2023, the Company issued 47,150,000 shares of common stock to satisfy obligations under share subscription agreements of $23,360 for settlement of services included in share subscriptions payable.

On January 30, 2023, the Company issued 28,250,000 shares of common stock to satisfy obligations under share subscription agreements of $11,300 for settlement of equipment included in share subscriptions payable.

On March 23, 2023, the Company issued 3,000,300 shares of common stock to satisfy obligations under share subscription agreements of $2,000 for settlement of cash included in share subscriptions payable.

On March 23, 2023, the Company issued 25,000,000 shares of common stock to satisfy obligations under share subscription agreements of $20,000 for settlement of services included in share subscriptions payable.

(ii)Year Ended March 31, 2022 

On April 7, 2021, the Company issued 1,675,000 shares of common stock to satisfy obligations under share subscription agreements of $43,048 for settlement of services included in share subscriptions payable.

On April 20, 2021, the Company issued 3,735,000 shares of common stock to satisfy obligations under share subscription agreements of $20,000 for cash and $54,870 for settlement of services for the settlement of interest included in share subscriptions payable.

On April 23, 2021, the Company issued 2,307,692 shares of common stock to satisfy obligations under share subscription agreements of $60,692 for settlement of convertible notes included in share subscriptions payable.

On April 28, 2021, the Company issued 10,000,000 shares of common stock to satisfy obligations under share subscription agreements of $212,000 for settlement of services included in share subscriptions payable.

On April 29, 2021, the Company issued 1,153,846 shares of common stock to satisfy obligations under share subscription agreements of $24,519 for settlement of convertible notes included in share subscriptions payable.

On May 3, 2021, the Company issued 812,977 shares of common stock to satisfy obligations under share subscription agreements of $17,398 for settlement of convertible notes included in share subscriptions payable.

On May 20, 2021, the Company issued 4,461,163 shares of common stock to satisfy obligations under share subscription agreements of $89,223 for settlement of notes payable included in share subscriptions payable.

On May 28, 2021, the Company issued 400,000 shares of common stock to satisfy obligations under share subscription agreements of $6,000 for cash included in share subscriptions payable.

On June 16, 2021, the Company issued 1,419,753 shares of common stock to satisfy obligations under share subscription agreements of $42,593 for settlement of convertible notes included in share subscriptions payable.

On June 18, 2021, the Company issued 1,471,975 shares of common stock to satisfy obligations under share subscription agreements of $39,891 for settlement of convertible notes included in share subscriptions payable.

On June 24, 2021, the Company issued 800,000 shares of common stock to satisfy obligations under share subscription agreements of $10,000 for cash included in share subscriptions payable.

On July 2, 2021, the Company issued 5,600,000 shares of common stock to satisfy obligations under share subscription agreements of $159,600 for settlement of services included in share subscriptions payable.

On July 12, 2021, the Company issued 1,640,000 shares of common stock to satisfy obligations under share subscription agreements of $25,000 for cash, $3,800 for settlement of notes payable and $4,160 for settlement of services included in share subscriptions payable.

On July 14, 2021, the Company issued 4,900,000 shares of common stock to satisfy obligations under share subscription agreements of $138,670 for settlement of services included in share subscriptions payable.

On July 26, 2021, the Company issued 4,000,000 shares of common stock to satisfy obligations under share subscription agreements of $107,200 for settlement of services included in share subscriptions payable.

On July 27, 2021, the Company issued 1,634,616 shares of common stock to satisfy obligations under share subscription agreements of $11,125 for cash and $24,500 for settlement of services included in share subscriptions payable.

On July 27, 2021, the Company issued 1,324,503 shares of common stock to satisfy obligations under share subscription agreements of $31,258 for settlement of convertible notes included in share subscriptions payable.

On July 30, 2021, the Company issued 1,013,514 shares of common stock to satisfy obligations under share subscription agreements of $24,932 for settlement of convertible notes included in share subscriptions payable.

On July 30, 2021, the Company issued 1,800,000 shares of common stock to satisfy obligations under share subscription agreements of $10,000 for cash and $26,800 for settlement of services included in share subscriptions payable.

On August 3, 2021, the Company issued 1,000,000 shares of common stock to satisfy obligations under share subscription agreements of $12,500 for cash included in share subscriptions payable.

On August 10, 2021, the Company issued 799,281 shares of common stock to satisfy obligations under share subscription agreements of $17,424 for settlement of convertible notes included in share subscriptions payable.

On August 31, 2021, the Company issued 3,280,000 shares of common stock to satisfy obligations under share subscription agreements of $36,000 for cash included in share subscriptions payable.

On September 7, 2021, the Company issued 1,914,894 shares of common stock to satisfy obligations under share subscription agreements of $30,255 for settlement of convertible notes included in share subscriptions payable.

On September 9, 2021, the Company issued 1,280,563 shares of common stock to satisfy obligations under share subscription agreements of $16,647 for settlement of notes payable included in share subscriptions payable.

On September 14, 2021, the Company issued 2,962,338 shares of common stock to satisfy obligations under share subscription agreements of $52,730 for settlement of convertible notes included in share subscriptions payable.

On September 16, 2021, the Company issued 4,000,000 shares of common stock to satisfy obligations under share subscription agreements of $20,000 for cash included in share subscriptions payable.

On September 20, 2021, the Company issued 1,204,819 shares of common stock to satisfy obligations under share subscription agreements of $10,000 for cash included in share subscriptions payable.

On October 6, 2021, the Company issued 1,900,000 shares of common stock to satisfy obligations under share subscription agreements of $46,740 for settlement of services included in share subscriptions payable.

On October 7, 2021, the Company issued 1,978,022 shares of common stock to satisfy obligations under share subscription agreements of $31,055 for settlement of convertible notes included in share subscriptions payable.

On October 20, 2021, the Company issued 4,400,000 shares of common stock to satisfy obligations under share subscription agreements of $74,360 for settlement of services included in share subscriptions payable.

On October 20, 2021, the Company issued 2,741,573 shares of common stock to satisfy obligations under share subscription agreements of $37,560 for settlement of convertible notes included in share subscriptions payable.

On October 22, 2021, the Company issued 1,250,000 shares of common stock to satisfy obligations under share subscription agreements of $8,500 for cash and $6,360 for settlement of services included in share subscriptions payable.

On October 26, 2021, the Company issued 3,965,232 shares of common stock to satisfy obligations under share subscription agreements of $5,020 for services and $59,491 for settlement of notes payable included in share subscriptions payable.

On November 2, 2021, the Company issued 1,000,000 shares of common stock to satisfy obligations under share subscription agreements of $10,000 for settlement of cash included in share subscriptions payable.

On November 4, 2021, the Company issued 3,731,343 shares of common stock to satisfy obligations under share subscription agreements of $37,313 for settlement of convertible notes included in share subscriptions payable.

On November 17, 2021, the Company issued 2,725,862 shares of common stock to satisfy obligations under share subscription agreements of $24,533 for settlement of convertible notes included in share subscriptions payable.

On November 29, 2021, the Company issued 3,061,224 shares of common stock to satisfy obligations under share subscription agreements of $26,633 for settlement of convertible notes included in share subscriptions payable.

On December 8, 2021, the Company issued 5,714,286 shares of common stock to satisfy obligations under share subscription agreements of $34,857 for settlement of convertible notes included in share subscriptions payable.

On December 21, 2021, the Company issued 4,114,815 shares of common stock to satisfy obligations under share subscription agreements of $24,689 for settlement of convertible notes included in share subscriptions payable.

On January 4, 2022, the Company issued 9,259,259 shares of common stock to satisfy obligations under share subscription agreements of $138,889 for settlement of convertible notes included in share subscriptions payable.

On January 5, 2022, the Company issued 7,818,519 shares of common stock to satisfy obligations under share subscription agreements of $73,494 for settlement of convertible notes included in share subscriptions payable.

On January 19, 2022, the Company issued 51,600,000 shares of common stock to satisfy obligations under share subscription agreements of $74,000 for cash included in share subscriptions payable.

On January 19, 2022, the Company issued 4,400,000 shares of common stock to satisfy obligations under share subscription agreements of $25,520 for settlement of services included in share subscriptions payable.

On January 21, 2022, the Company issued 1,000,000 shares of common stock to satisfy obligations under share subscription agreements of $6,900 for settlement of services included in share subscriptions payable.

On February 1, 2022, the Company issued 10,464,103 shares of common stock to satisfy obligations under share subscription agreements of $78,481 for settlement of convertible notes included in share subscriptions payable.

On February 15, 2022, the Company issued 1,500,000 shares of common stock to satisfy obligations under share subscription agreements of $9,000 for settlement of services included in share subscriptions payable.

On February 22, 2022, the Company issued 7,575,758 shares of common stock to satisfy obligations under share subscription agreements of $46,970 for settlement of convertible notes included in share subscriptions payable.

On February 25, 2022, the Company issued 18,325,500 shares of common stock to satisfy obligations under share subscription agreements of $100,790 for settlement of warrants included in share subscriptions payable.

On March 8, 2022, the Company issued 5,172,414 shares of common stock to satisfy obligations under share subscription agreements of $25,345 for settlement of convertible notes included in share subscriptions payable.

On March 10, 2022, the Company issued 2,655,172 shares of common stock to satisfy obligations under share subscription agreements of $15,666 for settlement of convertible notes included in share subscriptions payable.

Common Stock Payable

(i)March 31, 2023 

As at March 31, 2023, the Company had total subscriptions payable for 15,135,465 shares of common stock for $29,366 in cash, shares of common stock for interest valued at $27,911, shares of common stock for services valued at $39,611 and shares of common stock for notes payable of $20,673.

(ii)March 31, 2022 

As at March 31, 2022, the Company had total subscriptions payable for 18,085,315 shares of common stock for $45,867 in cash, shares of common stock for interest valued at $27,911, shares of common stock for services valued at $55,870 and shares of common stock for notes payable of $20,673.