10. Convertible Note Payable (Tables)

12 Months Ended

Mar. 31, 2020

Debt Disclosure [Abstract]

Convertible note payable

The following is a summary of convertible notes payable as of March 31, 2020:

Note Reference	Inception Date	Maturity		Coupon		Face Value		Unamortized Discount		Carrying Value
Note 1	10/4/2019		10/4/2020		8%	$	82,000	$	18,868	$	63,132
Note 2	10/31/2019		12/15/2020		8%		208,000		53,298		154,702
Note 3	12/5/2019		12/5/2020		8%		62,000		13,021		48,979
Note 4	12/31/2019		12/31/2020		8%		62,000		9,181		52,819
Note 5	1/27/2020		1/27/2021		8%		184,000		26,509		157,491
Note 6	2/19/2020		2/19/2021		8%		78,000		15,826		62,174
Note 7	3/10/2020		3/10/2021		8%		78,000		19,147		58,853
						$	754,000	$	155,850	$	598,150

Allocation of cash proceeds

	Note 1		Note 2		Note 3		Note 4		Note 5		Note 6		Note 7		Total
Compound embedded derivative	$	26,395	$	68,030	$	15,893	$	10,812	$	25,834	$	14,095	$	17,633	$	178,692
Convertible notes payable		48,605		133,970		44,107		49,188		152,666		60,905		57,367		546,808
Original issue discount		7,000		6,000		2,000		2,000		5,500		3,000		3,000		28,500
Face value	$	82,000	$	208,000	$	62,000	$	62,000	$	184,000	$	78,000	$	78,000	$	754,000

Amortization expense, interest expense and accrued interest

Amortization expense, interest expense and accrued interest for the year ended March 31, 2020 is as follows:

Note		Interest Expense		Accrued Interest Balance		Amortization of Debt Discount
	Note 1	$	3,217	$	3,217	$	14,526
	Note 2		5,956		5,956		20,732
	Note 3		1,590		1,590		4,872
	Note 4		1,237		1,237		3,631
	Note 5		2,581		2,581		4,825
	Note 6		701		701		1,269
	Note 7		359		359		1,488
		$	15,641	$	15,641	$	51,343