| Schedule of derivative liabilities |
| Schedule of derivative liabilities | |
| | |
| |
| | |
December 31, 2021 | |
| The financings giving rise to derivative financial instruments | |
Indexed Shares | | |
Fair Values | |
| Compound embedded derivatives | |
| 1,372,797,202 | | |
| (2,199,087 | ) |
| Total | |
| 1,372,797,202 | | |
| (2,199,087 | ) |
The following tables summarize the components
of the Company’s derivative liabilities and linked common shares as of December 31, 2020:
| | |
December 31, 2020 | |
| The financings giving rise to derivative financial instruments | |
Indexed Shares | | |
Fair Values | |
| Compound embedded derivatives | |
| 311,625,168 | | |
| (739,574 | ) |
| Total | |
| 311,625,168 | | |
| (739,574 | ) |
The following table summarizes the effects on
the Company’s gain (loss) associated with changes in the fair values of the derivative financial instruments by type of financing
for the three months ended December 31, 2021, and 2020:
| The financings giving rise to derivative financial instruments and the income effects: | |
December 31, 2021 | | |
December 31, 2020 | |
| Compound embedded derivatives | |
$ | (66,894 | ) | |
$ | 194,410 | |
| Day one derivative loss | |
| (45,485 | ) | |
| (125,408 | ) |
| Total (loss) | |
$ | (112,379 | ) | |
$ | (69,002 | ) |
The following table summarizes the effects on
the Company’s gain (loss) associated with changes in the fair values of the derivative financial instruments by type of financing
for the nine months ended December 31, 2021, and 2020:
| The financings giving rise to derivative financial instruments and the income effects: | |
December 31, 2021 | | |
December 31, 2020 | |
| Compound embedded derivatives | |
$ | (421,836 | ) | |
$ | (592,997 | ) |
| Day one derivative loss | |
| (45,485 | ) | |
| (125,408 | ) |
| Total (loss) | |
$ | (467,321 | ) | |
$ | (715,405 | ) |
|
| Schedule of changes in fair value of derivatives |
| Schedule of changes in fair value of derivatives | |
| | | |
| | |
| | |
December 31, | | |
March 31, | |
| | |
2021 | | |
2021 | |
| Beginning balance | |
$ | 1,137,623 | | |
$ | 58,790 | |
| Issuances: | |
| | | |
| | |
| Compound embedded derivatives | |
| 1,088,514 | | |
| 732,416 | |
| Conversions | |
| (287,897 | ) | |
| (859,352 | ) |
| Derivative extinguished / debt repaid in cash | |
| (160,989 | ) | |
| (126,892 | ) |
| (Gain) loss on changes in fair value inputs and assumptions reflected in income | |
| 421,836 | | |
| 1,332,661 | |
| Total | |
$ | 2,199,087 | | |
$ | 1,137,623 | |
|