XML 20 R11.htm IDEA: XBRL DOCUMENT v3.19.2
INCOME TAXES
3 Months Ended
Jun. 30, 2019
Income Tax Disclosure [Abstract]  
INCOME TAXES

Based on the available information and other factors, management believes it is more likely than not that the net deferred tax assets at, June 30, 2019 and March 31, 2019, will not be fully realizable. Accordingly, management has recorded a full valuation allowance against its net deferred tax assets at June 30, 2019 and March 31, 2019. At June 30, 2019 and March 31, 2019, the Company had federal net operating loss carryforwards of approximately $1,098,000 and $817,000 respectively, expiring beginning in 2037.

 

Deferred tax assets consist of the following components:

 

    June 30, 2019     March 31, 2019  
Net loss carryforward   $ 1,098,000     $ 817,000  
Valuation allowance     (1,098,000 )     (817,000 )
Total deferred tax assets   $     $