DEFERRED FINANCING COST, NET (Tables)

9 Months Ended

Dec. 31, 2023

Deferred Financing Cost Net

Schedule of deferred financing costs

	December 31, 2023			March 31, 2023
Deferred financing cost	$	1,207,500		$	1,207,500
Less: Accumulated amortization		(611,576	)		(309,701	)
Deferred financing cost, net	$	595,924		$	897,799

	December 31, 2023		March 31, 2023
Current portion	$	402,500	$	402,500
Non-current portion		193,424		495,299
	$	595,924	$	897,799

On June 24, 2022, the Company issued 525,000,000 shares of its common stock as Commitment Shares to Williamsburg Venture Holdings, LLC (the “Investor”), under an Equity Purchase Agreement dated June 21, 2022 (the “Agreement”) which was deferred to be amortized over the commitment period of 3 years.

Amortization of the expense for the three months ended December 31, 2023 and 2022 were $100,681 and $43,750, respectively.

Amortization of the expense for the nine months ended December 31, 2023 and 2022 were $301,875 and $90,903, respectively