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DERIVATIVE FINANCIAL INSTRUMENTS (Tables)
9 Months Ended
Dec. 31, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of fair value of derivative liabilities
         
   December 31, 2022 
The financings giving rise to derivative financial instruments  Indexed
Shares
   Fair
Values
 
Compound embedded derivatives   86,458,200,000    (17,291,640)
Total   86,458,200,000    (17,291,640)

 

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   4,418,910,016   $(3,831,191)
Total   4,418,910,016   $(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 December 31, 2022 and 2021:

 

   December 31,   December 31, 
   2022   2021 
         
Change in fair value of compound embedded derivatives  $(8,688,144)   (66,894)
Initial derivative expense   (98,877)   (45,485)
Total  $(8,787,021)   (112,379)

 

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 nine months ended December 31, 2022 and 2021:

 

   December 31,   December 31, 
   2022   2021 
         
Change in fair value of compound embedded derivatives  $(12,980,720)   (421,836)
Initial derivative expense   (478,090)   (45,485)
Total  $(13,458,810)   (467,321)
Schedule of significant inputs
     
  December 31, 2022  
Quoted market price on valuation date $0.0002  
Contractual conversion rate $0.0001 - $0.0002  
Contractual term to maturity 0 – 0.91 Years  
Equivalent Volatility 268.22% - 399.05%  
Interest rate 8% - 12%  
Schedule of changes in fair value of derivatives
         
   December 31,   March 31, 
   2022   2022 
         
Beginning balance  $3,831,191   $1,137,623 
Issuances:          
Compound embedded derivatives   618,321    2,038,843 
Conversions   (544,881)   (328,638)
Derivative extinguished / debt repaid in cash   (71,801)   (243,300)
Loss on changes in fair value inputs and assumptions reflected in income   12,980,720    1,181,178 
Initial derivative expense   478,090    45,485 
Total  $17,291,640   $3,831,191