8. Business Acquisitions (Tables)

12 Months Ended

Mar. 31, 2020

United Combat League [Member]

Business combination purchase allocation

Consideration
Cash	$	20,000
6,000,000 shares of common stock issued to the sellers valued using an observable market price		39,000
Total consideration	$	59,000

Fair value of net identifiable assets (liabilities) acquired
Intangible assets - licenses for the right to hold fight events	$	59,000

Pinnacle Combat LLC [Member]

Business combination purchase allocation

Consideration
Cash	$	20,000
8,000,000 shares of common stock issued to the sellers valued using an observable market price		62,400
Total consideration	$	82,400
Fair values of identifiable net assets:
Property & equipment:
Cages	$	54,000
Event asset (barriers)		3,420
Truck/trailer		1,710
Venture lighting system		14,250
Total identifiable net assets		73,380
Intangible assets:
Licenses for the right to hold fight events		34,048
Fair value of liabilities assumed:
Credit card liability		(25,028	)
Fair value of net identifiable assets (liabilities) acquired	$	82,400

Strike Hard Productions LLC [Member]

Business combination purchase allocation

Consideration
Cash	$	20,000
9,000,000 shares of common stock issued to the sellers valued using an observable market price		52,200
Total consideration	$	72,200
Fair values of identifiable net assets:
Property & equipment:
Cages	$	22,000
Event asset (tables)		1,000
Total property & equipment		23,000
Intangible assets:
Licenses for the right to hold fight events		49,200
Total fair value of identifiable net assets	$	72,200

One More Gym LLC [Member]

Business combination purchase allocation

Consideration
Cash	$	30,000
9,000,000 shares of common stock issued to the sellers valued using an observable market price		31,800
Total consideration	$	61,800
Fair values of identifiable net assets:
Property & equipment:
Cash	$	2,392
Gym equipment		149,703
Inventory		10,000
Intangible assets:
Customer relationships		83,000
Fair value of liabilities assumed:
Liabilities		(130,712	)
Fair value of net identifiable assets (liabilities) acquired	$	114,383
Gain on bargain purchase	$	52,583