EQUITY |
9 Months Ended |
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Dec. 31, 2022 | |
| Equity [Abstract] | |
| EQUITY | NOTE 12 – EQUITY
Preferred Stock
There are 50,000,000 shares authorized as preferred stock, of which 40,000,000 are designated as Series B and 2,000,000 are designated as Series A. 8,000,000 shares have yet to be designated. All 2,000,000 shares of Series A preferred are issued and outstanding. Each share of Series A preferred is convertible into 480,000,000 shares of common stock. The Series A Preferred Stock votes with the Common Stock on all matters to be voted on by the common stock on an as-converted basis. On such matters, each holder of Series A Preferred Stock is entitled to 240 votes for each share of Series A Preferred Stock held by such shareholder. All 40,000,000 of Series B are issued and outstanding. Series B is convertible into 320,000,000 shares of common stock. The Series B Preferred Stock votes with the Common Stock on all matters to be voted on by the common stock on an as-converted basis. On such matters, each holder of Series B Preferred Stock is entitled to 120 votes for each share of Series B Preferred Stock held by such shareholder.
Common Stock Issuances for the nine months ended December 31, 2022
Common Stock Issued for Conversion of Notes
Between April 1, 2022 and December 31, 2022, the Company issued shares in exchange for $615,810 in principal and $38,537 in accrued interest in connection with Promissory Notes with conversion prices ranging from a low of $0.000063 to a high of $0.0013020.
Common Stock Issued for Services
On December 12, 2022, Company issued shares of stock to New to the Street Group in exchange for services valued at $5,000.
Common Stock Issuances for the nine months ended December 31, 2021
Common Stock Issued for Cash
Between April 1, 2021 and December 31, 2021, the Company issued shares of stock to various investors for $1,180,000.
Common Stock Issued for Services
Between April 1, 2021 and December 31, 2021, the Company issued shares of common stock in exchange for services valued at $23,650.
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