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FAIR VALUE MEASUREMENTS AND DERIVATIVE LIABILITIES (Tables)
9 Months Ended
Dec. 31, 2021
WARRANTS  
Schedule of estimated fair value

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

Fair value of derivative liability as of March 31, 2021

 

$-

 

 

$-

 

 

$302,156

 

Additions at fair value

 

 

 

 

 

 

 

 

 

 

166,667

 

Change in fair value of the derivative

 

 

-

 

 

 

-

 

 

 

(373,585)

Balance at December 31, 2021

 

$-

 

 

$-

 

 

$95,238

 

Schedule of summarize of change in the fair value of the derivative liabilities

Risk-free interest rate

 

 

.05%

Expected life in years

 

 

0.11

 

Dividend yield

 

 

0%

Expected volatility

 

 

153.00%