Note 11 - Warrants

6 Months Ended

Sep. 30, 2025

Notes to Financial Statements

Warrant Liability [Text Block]

NOTE 11  – WARRANTS

On April 11, 2023, warrants to purchase Company stock were issued to two outside consultants. Each consultant was granted 100,000 warrants with a strike price of $0.20. The Warrants vested and were exercisable immediately. The warrants were valued using a Black Scholes model effective April 11, 2023, cumulative volatility was computed at 123.52% and the total valuation was $8,256 which will be amortized over the 24-month life.

Outstanding and exercisable
Range of Exercise prices		Number outstanding		Weighted average remaining life in years		Weighted Average Exercise Price		Exercisable
$	-		-		-	$	-		-

	9/30/2025					3/31/2025
	# of Shares			Weighted Average		# of Shares		Weighted Average
				Exercise Price				Exercise Price
Outstanding, beginning of year		200,000		$	0.20		200,000	$	0.20
Issued		-			-		-		-
Exercised		-			-		-		-
Expired		(200,000	)	$	0.20		-		-
Cancelled		-			-		-		-
Outstanding, end of period		-		$	-		200,000	$	0.20
Exercisable, end of period		-		$	-		200,000	$	0.20