DERIVATIVE FINANCIAL INSTRUMENTS (Tables)

3 Months Ended

Jun. 30, 2022

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of derivative liabilities

	June 30, 2022
The financings giving rise to derivative financial instruments	Indexed Shares		Fair Values
Compound embedded derivatives		19,585,533,532		(6,911,764	)
Total		19,585,533,532		(6,911,764	)

The following tables summarize the components of the Company’s derivative liabilities and linked common shares as of March 31, 2022: 

	March 31, 2022
The financings giving rise to derivative financial instruments	Indexed Shares		Fair Values
Compound embedded derivatives		559,931,126	$	(3,831,191	)
Total		559,931,126	$	(3,831,191	)

The following table summarizes the effects on the Company’s (loss) gain associated with changes in the fair values of the derivative financial instruments by type of financing for the three months ended June 30, 2022 and 2021:

	June 30,			June 30,
	2022			2021
Compound embedded derivatives	$	(2,809,276	)	$	310,871
Day one derivative loss		(194,323	)		–
Total	$	(3,003,599	)	$	310,871

Schedule of significant inputs

	June 30, 2022
Quoted market price on valuation date	$0.0006
Contractual conversion rate	$0.0003 - $0.01
Contractual term to maturity	0.74 Years - 0.918 Years
Market volatility:
Equivalent Volatility	69.86% - 282.23%
Interest rate	8.0%

Schedule of changes in fair value of derivatives

	June 30,			March 31,
	2022			2022
Beginning balance	$	3,831,191		$	1,137,623
Issuances:
Compound embedded derivatives		326,921			2,038,843
Conversions		(178,146	)		(328,638	)
Derivative extinguished / debt repaid in cash		(71,801	)		(243,300	)
Loss on changes in fair value inputs and assumptions reflected in income		2,809,276			1,181,178
Day one derivative expense		194,323			45,485
Total	$	6,911,764		$	3,831,191