| Schedule of derivative liabilities |
| Schedule of derivative liabilities | |
| | |
| |
| | |
September 30, 2022 | |
| The financings giving rise to derivative financial instruments | |
Indexed Shares | | |
Fair Values | |
| Compound embedded derivatives | |
| 21,938,772,500 | | |
| (8,606,244 | ) |
| Total | |
| 21,938,772,500 | | |
| (8,606,244 | ) |
The following tables summarize the components
of the Company’s derivative liabilities and linked common shares as of March 31, 2022:
| | |
March 31, 2022 | |
| The financings giving rise to derivative financial instruments | |
Indexed Shares | | |
Fair Values | |
| Compound embedded derivatives | |
| 559,931,126 | | |
$ | (3,831,191 | ) |
| Total | |
| 559,931,126 | | |
$ | (3,831,191 | ) |
The following table summarizes the effects on
the Company’s (loss) gain associated with changes in the fair values of the derivative financial instruments by type of financing
for the three months ended September 30, 2022 and 2021:
| | |
September 30, | | |
September 30, | |
| | |
2022 | | |
2021 | |
| | |
| | |
| |
| Change in fair value of compound embedded derivatives | |
$ | (1,483,300 | ) | |
$ | (665,813 | ) |
| Initial derivative expense | |
| (184,890 | ) | |
| – | |
| Total | |
$ | (1,668,190 | ) | |
$ | (665,813 | ) |
The following table summarizes the effects on
the Company’s (loss) gain associated with changes in the fair values of the derivative financial instruments by type of financing
for the six months ended September 30, 2022 and 2021:
| | |
September 30, | | |
September 30, | |
| | |
2022 | | |
2021 | |
| | |
| | |
| |
| Change in fair value of compound embedded derivatives | |
$ | (4,292,576 | ) | |
$ | (354,942 | ) |
| Initial derivative expense | |
| (379,213 | ) | |
| – | |
| Total | |
$ | (4,671,789 | ) | |
$ | (354,942 | ) |
|
| Schedule of changes in fair value of derivatives |
| Schedule of changes in fair value of derivatives | |
| | |
| |
| | |
September 30, | | |
March 31, | |
| | |
2022 | | |
2022 | |
| | |
| | |
| |
| Beginning balance | |
$ | 3,831,191 | | |
$ | 1,137,623 | |
| Issuances: | |
| | | |
| | |
| Compound embedded derivatives | |
| 378,921 | | |
| 2,038,843 | |
| Conversions | |
| (203,856 | ) | |
| (328,638 | ) |
| Derivative extinguished / debt repaid in cash | |
| (71,801 | ) | |
| (243,300 | ) |
| Loss on changes in fair value inputs and assumptions reflected in income | |
| 4,292,576 | | |
| 1,181,178 | |
| Initial derivative expense | |
| 379,213 | | |
| 45,485 | |
| Total | |
$ | 8,606,244 | | |
$ | 3,831,191 | |
|