9. Convertible Note Payable (Details - Allocation of cash proceeds) - USD ($) |
12 Months Ended | |
|---|---|---|
Mar. 31, 2021 |
Mar. 31, 2020 |
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| Day one derivative loss | $ (151,978) | $ 0 |
| Convertible Note 1-19 [Member] | ||
| Compound embedded deriviative | 910,762 | |
| Convertible notes payable | 1,091,717 | |
| Day one derivative loss | (151,978) | |
| Legal fees | 7,000 | |
| Original issue discount | 91,900 | |
| Face Value | $ 1,949,400 | |
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- References No definition available.
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- Definition Original issue discount No definition available.
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- Definition Carrying value as of the balance sheet date of long-term debt (with maturities initially due after one year or beyond the operating cycle if longer) identified as Convertible Notes Payable, excluding current portion. Convertible Notes Payable is a written promise to pay a note which can be exchanged for a specified amount of another, related security, at the option of the issuer and the holder. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of decrease in the fair value of derivatives recognized in the income statement. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Fair value as of the balance sheet date of the embedded derivative or group of embedded derivatives classified as a liability. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The amount of expense provided in the period for legal costs incurred on or before the balance sheet date pertaining to resolved, pending or threatened litigation, including arbitration and mediation proceedings. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Details
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