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DEBT (Tables)
9 Months Ended
Dec. 31, 2021
DEBT  
Shedule of convertible promissory notes

Noteholder

 

Origination

 

Maturity

 

Interest

rate

 

 

Variable

conversion

discount

 

 

Principal

balance

 

 

Debt

discount

 

 

Net amount

of liabilities

presented

 

 

Corresponding derivative

balance

 

Noteholder 10

 

2/27/2020

 

2/26/2021

 

 

10.00%

 

 

40.00%

 

$131,788

 

 

$-

 

 

$131,788

 

 

$159,728

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

$131,788

 

 

$-

 

 

$131,788

 

 

$159,728

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Noteholder

 

Origination

 

Maturity

 

Interest

rate

 

 

Fixed

conversion rate

 

 

Principal

balance

 

 

Debt

discount

 

 

Net amount of liabilities

presented

 

 

Corresponding derivative

balance

 

Noteholder 9

 

7/7/2016

 

9/30/2019

 

 

6.00%

 

$0.10/Share

 

 

$25,000

 

 

$-

 

 

$25,000

 

 

$-

 

Noteholder 13

 

2/16/2021

 

8/16/2021

 

 

6.00%

 

$0.015/Share

 

 

 

140,000

 

 

 

-

 

 

 

140,000

 

 

 

21

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

$165,000

 

 

$-

 

 

$165,000

 

 

$21

 

Shedule of convertible promissory notes and related debt

Noteholder

 

Origination

 

Maturity

 

Interest

rate

 

 

Variable

conversion

discount

 

 

Principal

balance

 

 

Debt

discount

 

 

Net amount of liabilities

presented

 

 

Corresponding derivative

balance

 

Noteholder 2

 

11/1/2018

 

8/1/2019

 

 

12.00%

 

 

35.00%

 

$21,487

 

 

$-

 

 

$21,487

 

 

$37,914

 

Noteholder 8

 

11/21/2017

 

5/21/2018

 

 

6.00%

 

See below

 

 

 

20,000

 

 

 

-

 

 

 

20,000

 

 

 

210,951

 

Noteholder 10

 

2/27/2020

 

2/26/2021

 

 

10.00%

 

 

40.00%

 

 

131,788

 

 

 

-

 

 

 

131,788

 

 

 

202,568

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

$173,275

 

 

$-

 

 

$173,275

 

 

$451,433

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Noteholder

 

Origination

 

Maturity

 

Interest

rate

 

 

Fixed

conversion rate

 

 

Principal

balance

 

 

Debt

discount

 

 

Net amount of liabilities

presented

 

 

Corresponding derivative

balance

 

Noteholder 9

 

7/7/2016

 

9/30/2019

 

 

6.00%

 

$0.10/Share

 

 

$25,000

 

 

$-

 

 

$25,000

 

 

$-

 

Noteholder 13

 

2/16/2021

 

8/16/2021

 

 

6.00%

 

$0.015/Share

 

 

 

140,000

 

 

 

-

 

 

 

140,000

 

 

 

21,038

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

$165,000

 

 

$-

 

 

$165,000

 

 

$21,038

 

Schedule of deb future maturities

Year ending

 

 

March 31,

 

Amount

 

2022

 

$346,788

 

 

 

$346,788