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Stock Options and Restricted Shares (Tables)
 12 Months Ended
Mar. 31, 2022
Stock Options And Restricted Shares [Abstract]  
Schedule of fair value options granted
   2020 
Exercise price  $1.97 
Risk-free interest rate   1.66%
Expected life   2.5 years 
Expected volatility   41.83%
Expected dividend yield   8%

 

   2021 
Exercise price  $2.42 
Risk-free interest rate   0.22%
Expected life   2.5 years 
Expected volatility   53.56%
Expected dividend yield   8%

 
Schedule of stock option activity
           Weighted 
       Weighted   average 
   Number of   average   remaining 
   stock   exercise   contractual 
   options   price   life (years) 
      $     
Outstanding as of April 1, 2020   
-
    
-
    
-
 
Granted   410,000    1.97    - 
Exercised   
-
    
-
    - 
Cancelled   (25,000)   
-
    - 
Outstanding as of March 31, 2020   385,000    1.97    4.36 
                
Granted   40,000    2.42    - 
Exercised   (40,000)   
-
    - 
Cancelled   (20,000)   
-
    - 
Outstanding as of March 31, 2021   365,000    1.97    3.36 
                
Exercised   (10,000)   
-
    - 
Cancelled   (5,000)   
-
    - 
Outstanding as of March 31, 2022   350,000    1.97    2.36 
Exercisable as of March 31, 2021   365,000    1.97    3.36 
Exercisable as of March 31, 2022   350,000    1.97    2.36