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Stock Options And Restricted Shares (Tables) | 12 Months Ended
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Mar. 31, 2020
Stock Options And Restricted Shares [Abstract] |
Schedule of fair value options |
|  | 2020 |
Stock price |  | $ | 1.97 |
Risk-free interest rate |  |  | 1.66 | %
Expected life |  |  | 2.5 years |
Expected volatility |  |  | 41.83 | %
Expected dividend yield |  |  | 8 | %
Schedule of Share-based Compensation, Stock Options, Activity |
|  |  |  |  |  |  |  | Weighted |
|  |  |  |  | Weighted |  |  | average |
|  | Number of |  |  | average |  |  | remaining |
|  | stock |  |  | exercise |  |  | contractual |
|  | options |  |  | price |  |  | life (years) |
|  |  |  |  | $ |  |  |  |
Outstanding as of April 1, 2019 |  |  | - |  |  |  | - |  |  |  | - |
Granted |  |  | 410,000 |  |  |  | 1.97 |  |  |  | - |
Exercised |  |  | - |  |  |  | - |  |  |  | - |
Cancelled |  |  | (25,000 | ) |  |  | - |  |  |  | - |
Outstanding as of March 31, 2020 |  |  | 385,000 |  |  |  | 1.97 |  |  |  | 4.36 |
Exercisable as of March 31, 2020 |  |  | 385,000 |  |  |  | 1.97 |  |  |  | 4.36 |

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- Definition Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 + Details
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