DERIVATIVE FINANCIAL INSTRUMENTS (Tables)

6 Months Ended

Sep. 30, 2022

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of derivative liabilities

	September 30, 2022
The financings giving rise to derivative financial instruments	Indexed Shares		Fair Values
Compound embedded derivatives		21,938,772,500		(8,606,244	)
Total		21,938,772,500		(8,606,244	)

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 September 30, 2022 and 2021:

	September 30,			September 30,
	2022			2021
Change in fair value of compound embedded derivatives	$	(1,483,300	)	$	(665,813	)
Initial derivative expense		(184,890	)		–
Total	$	(1,668,190	)	$	(665,813	)

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 six months ended September 30, 2022 and 2021:

	September 30,			September 30,
	2022			2021
Change in fair value of compound embedded derivatives	$	(4,292,576	)	$	(354,942	)
Initial derivative expense		(379,213	)		–
Total	$	(4,671,789	)	$	(354,942	)

Schedule of significant inputs

	September 30, 2022
Quoted market price on valuation date	$0.0004
Contractual conversion rate	$0.0003 - $0.002
Contractual term to maturity	0.25 Years - 0.86 Years
Market volatility:
Equivalent Volatility	153.28% - 228.14%
Interest rate	8.0%-12.0%

Schedule of changes in fair value of derivatives

	September 30,			March 31,
	2022			2022
Beginning balance	$	3,831,191		$	1,137,623
Issuances:
Compound embedded derivatives		378,921			2,038,843
Conversions		(203,856	)		(328,638	)
Derivative extinguished / debt repaid in cash		(71,801	)		(243,300	)
Loss on changes in fair value inputs and assumptions reflected in income		4,292,576			1,181,178
Initial derivative expense		379,213			45,485
Total	$	8,606,244		$	3,831,191