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DERIVATIVE FINANCIAL INSTRUMENTS (Tables)
6 Months Ended
Sep. 30, 2021
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of derivative liabilities
          
   September 30, 2021 
The financings giving rise to derivative financial instruments  Indexed
Shares
   Fair
Values
 
Compound embedded derivatives   810,258,880   $(1,762,774)
Total   810,258,880   $(1,762,774)

 

The following tables summarize the components of the Company’s derivative liabilities and linked common shares as of September 30, 2020:

 

   September 30, 2020 
The financings giving rise to derivative financial instruments  Indexed
Shares
   Fair
Values
 
Compound embedded derivatives   183,301,607   $(599,454)
Total   183,301,607   $(599,454)

 

The following table summarizes the effects on the Company’s gain (loss) associated with changes in the fair values of the derivative financial instruments by type of financing for the three months ended September 30, 2021 and 2020:

 

The financings giving rise to derivative financial instruments and the income effects:  September 30, 2021   September 30, 2020 
Compound embedded derivatives  $(354,942)  $(511,975)
Total (loss)  $(354,942)  $(511,975)

 

The following table summarizes the effects on the Company’s gain (loss) associated with changes in the fair values of the derivative financial instruments by type of financing for the six months ended September 30, 2021 and 2020:

 

The financings giving rise to derivative financial instruments and the income effects:  September 30, 2021   September 30, 2020 
Compound embedded derivatives  $(665,813)  $(787,407)
Total (loss)  $(665,813)  $(787,407)
Significant inputs
   
  September 30, 2021  
Quoted market price on valuation date $0.01  
Contractual conversion rate $0.00265-$0.01  
Contractual term to maturity 0.005 Years – 1.0 Years  
Market volatility:    
Equivalent Volatility 93.44% - 184.40%  
Interest rate 8.00%  
Schedule of changes in fair value of derivatives
          
   September 30,   March 31, 
   2021   2021 
         
Beginning balance  $1,137,623   $58,790 
Issuances:          
Compound embedded derivatives   407,194    732,416 
Conversions       (859,352)
Derivative extinguished / debt repaid in cash   (136,666)   (126,892)
(Gain) loss on changes in fair value inputs and assumptions reflected in income   354,942    1,332,661 
Total  $1,763,093   $1,137,623