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16. SUBSEQUENT EVENTS
12 Months Ended
Mar. 31, 2023
Notes  
16. SUBSEQUENT EVENTS

16.  SUBSEQUENT EVENTS

 

Common Stock Issued

 

On May 9, 2023, the Company issued 10,400,000 shares of common stock to satisfy obligations under share subscription agreements of $7,280 for settlement of services included in share subscriptions payable.

 

On January 23, 2024, the Company issued 200,000,000 shares of common stock to satisfy obligations under share subscription agreements of $20,000 for settlement of services included in share subscriptions payable.

 

On February 27, 2024, the Company issued 5,000,000 shares of common stock to satisfy obligations under share subscription agreements of $25,000 for cash included in share subscriptions payable.

 

On February 28, 2024, the Company issued 1,500,000 shares of common stock to satisfy obligations under share subscription agreements of $150 for settlement of services included in share subscriptions payable.

 

On May 1, 2024, the Company issued 10,400,000 shares of common stock to satisfy obligations under share subscription agreements of $9,360 for settlement of services included in share subscriptions payable.

 

On May 8, 2024, the Company issued 1,196,512,840 shares of common stock to satisfy obligations under share subscription agreements of $1,185,443 for settlement of notes payable and accrued interest included in share subscriptions payable.

 

On May 8, 2024, the Company issued 10,400,000 shares of common stock to satisfy obligations under share subscription agreements of $52,000 for cash included in share subscriptions payable.

 

On May 15, 2024, the Company issued 5,870,130 shares of common stock to satisfy obligations under share subscription agreements of $7,044 for settlement of notes payable and accrued interest included in share subscriptions payable.

 

On May 17, 2024, the Company issued 50,000,000 shares of common stock to satisfy obligations under share subscription agreements of $25,000 for cash included in share subscriptions payable.

 

On May 17, 2024, the Company issued 1,000,000 shares of Series A Convertible Preferred Stock to Paul D. Thompson, sole director and officer of the Company to settle $150,000 of debt.

 

On May 31, 2024, the Company issued 500,000,000 shares of common stock and 500,000 shares of Series A Convertible Preferred Stock to satisfy obligations under share subscription agreements of $225,000 for cash and $25,000 for stock subscription receivable included in share subscriptions payable.

 

On July 12, 2024, the Company issued 500,000 shares of common stock to satisfy obligations under share subscription agreements of $50 for settlement of services included in share subscriptions payable.

 

Sale of Equipment

 

During the period from April 1, 2023 to July 20, 2024, the Company received cash proceeds of $14,000 for the sale of equipment.

 

Common Stock Payable

 

As of July 20, 2024, the Company had total subscriptions payable for 39,835,315 shares of common stock for $28,366 in cash, shares of common stock for interest valued at $27,911, shares of common stock for services valued at $41,480 and shares of common stock for notes payable of $20,673.