XML 16 R6.htm IDEA: XBRL DOCUMENT v3.22.0.1
CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
9 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Cash flows from operating activities    
Net loss $ (63,783) $ (1,341,772)
Adjustments to reconcile net loss to net cash used in operating activities    
Stock based compensation related parties 59,716 479,212
Stock-based compensation 5,250 144,591
(Gain) loss in fair value of derivative liability (373,585) (566,220)
Debt discount expense 287,979 178,652
Changes in operating assets and liabilities    
Accounts payable and accrued expenses 154,891 (26,294)
Prepaid 0 (18,313)
Due to related parties 50,335 311,598
Net cash provided by (used in) operating activities 120,803 (838,546)
Cash flows from financing activities    
Proceeds from the sale of preferred shares for cash 0 640,000
Proceeds from convertible notes 200,000 200,000
Repayment of convertible notes (320,500) 0
Proceeds from notes payable 0 50,000
Net cash provided (used) by financing activities (120,500) 890,000
Net increase (decrease) in cash 303 51,454
Cash beginning of year 1,434 3,218
Cash end of period 1,737 54,672
SUPPLEMENT DISCLOSURES    
Interest paid 20,055 0
Income taxes paid 0 0
Non Cash Transactions    
Common stock issued for conversion of preferred shares 1,968 23,560
Common stock issued for accrued expenses related party 23,332 1,387,872
Common stock issued for accounts payable 0 11,300
Common stock issued for convertible debt 0 199,567
Common stock issued for notes payable $ 0 $ 100,000