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Consolidated Balance Sheets - USD ($)
Dec. 31, 2021
Mar. 31, 2021
Current Assets    
Cash and cash equivalents $ 37,362 $ 21,571
Accounts receivable - trade 70,088 135,872
Prepaid expenses and other current assets 115,804 24,723
Accrued revenue 1,083 1,076
Total Current Assets 224,337 183,242
Non Current Assets    
Property and equipment, net of accumulated depreciation of $223,066 and $220,918 respectively 5,813 8,974
Intangible assets, net 380,558 428,070
Total Non Current Assets 386,371 437,044
Total Assets 610,708 620,286
Current Liabilities    
Accounts payable 607,524 541,766
Payroll, employee benefits, severance 512,251 530,394
Short term borrowings 445 430,993
Due to related parties 1,129,885 1,063,397
Payable for acquisition 185,762 185,762
Taxes payable 165,186 165,924
Accruals and other payables 589,656 88,380
Deferred revenue 11,665 2,898
Total Current liabilities 3,202,374 3,009,514
Long Term Liabilities    
Due to related parties 1,346,143 1,345,915
Employee benefit obligation 25,207 30,039
Long term loan 13,916
Total Long Term liabilities 1,371,350 1,389,870
Total liabilities 4,573,723 4,399,384
Commitments and contingencies (Note 18)
Shareholders’ Deficit    
Ordinary shares: $0.001 par value per share; 400,000,000 shares authorized; 67,754,296 and 67,754,296 shares issued and outstanding, respectively 67,754 67,754
Convertible series “A” preferred shares: $0.001 par value per share; 10,000,000 shares authorized; 5,000,000 and 5,000,000 shares issued and outstanding, respectively 5,000 5,000
Additional paid in capital 11,678,086 11,641,336
Promissory notes discount (2,812)
Accumulated deficit (16,270,987) (16,041,727)
Accumulated other comprehensive income 559,943 548,539
Total shareholders’ deficit (3,963,015) (3,779,098)
Total Liabilities and Shareholders´ Deficit $ 610,708 $ 620,286