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Subsequent Events
6 Months Ended
Sep. 30, 2015
Subsequent Events [Abstract]  
Subsequent Events

18. SUBSEQUENT EVENTS

 

On September 30, 2015, one of the investors purchased an additional convertible note from the Company in the aggregate principal amount of $28,889 for a cash purchase amount of $26,000. The note will mature in one year, in September 2016, and bears interest at 8% per annum. The Company received the cash of $26,000 on October 1, 2015.

 

On October 12, 2015, the Company issued 33,269,231 common shares for conversions of notes issued to 31 Group, LLC with principal of $17,300.

 

The Company entered into a securities purchase agreement with three separate accredited investors on October 15, 2015 and two separate accredited investors in November 12, 2015. The investors purchased convertible notes in the aggregate principle amount of $125,000, for the cash purchase amount of $112,500. The notes will mature in one year and bear interest at 8% per annum.