v3.21.2
Consolidated Statements of Cash Flows - USD ($)
 12 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Cash Flows from Operating Activities    
Net Loss $ (5,380,270) $ (1,337,347)
Adjustments to reconcile net loss to net cash used by operating activities:    
Stock issued for services 409,333 688,000
Depreciation and amortization 186,063 62,740
Loss on settlement of debt 0 81,887
Loss on extinguishment of debt 18,281 50,756
Loss on disposition of subsidiary 0 20,790
Loss on goodwill impairment 172,254 0
Gain on forgiveness of loan (14,477) 0
Gain on bargain purchase (91,870) (52,583)
Financing expense 566,261 0
Gain on extinguishment of debt (55,568) 0
Amortization of debt discount 412,170 51,343
Derivative expense 151,978 0
Loss on changes in fair value of derivative liabilities 1,332,661 (119,902)
Right-of-use asset/liability 7,830 0
Changes in operating assets & liabilities    
Prepaid expenses (7,561) 3,140
Inventory 7,256 2,744
Accounts payable and accrued liabilities 153,750 (10,983)
Related party advances (2,396) 0
Deferred revenue 82,041 (6,430)
Net cash used by operating activities (2,052,264) (565,846)
Cash Flows from Investing Activities    
Business acquisitions (215,000) (42,609)
Payments to related parties 0 (173,533)
Capital expenditures (500,737) (84,688)
Net cash used by investing activities (715,737) (300,830)
Cash Flows from Financing Activities    
Proceeds from notes payable 122,766 0
Proceeds from convertible notes payable 1,200,000 725,499
Repayments related to payable due for business combinations (15,000) (30,000)
Repayments of convertible notes payable (107,500) 0
Payment to note payable (11,818) (20,532)
Purchase of cancelled stock 0 (189,141)
Issuance of common stock 1,655,000 400,000
Net cash provided by financing activities 2,843,448 885,826
Increase in Cash 75,447 19,150
Cash at beginning of period 46,729 27,579
Cash (and equivalents) at end of period 122,176 46,729
Supplemental Cash Flow Information    
Cash paid for interest 5,856 0
Cash paid for income taxes 0 0
Non-cash investing and financing activities:    
Conversion of note payable to equity 1,427,707 0
Cancellation of outstanding shares in exchange cancellation of notes receivable - related party 0 157,773
Assets acquired in business combination through the issuance of stock 0 185,400
Acquisition payable from sellers due to acquisitions 0 45,000
Initial recognition of derivative liability as debt discount 732,416 178,692
Assets acquired on acquisition $ 0 $ 428,747