Enxnet 10-Q 14 Nov 18 2018 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Sep. 30, 2018	Nov. 14, 2018
Document And Entity Information
Entity Registrant Name	ENXNET INC
Entity Central Index Key	1,083,706
Document Type	10-Q
Trading Symbol	EXNT
Document Period End Date	Sep. 30, 2018
Amendment Flag	false
Current Fiscal Year End Date	--03-31
Entity a Well-known Seasoned Issuer	No
Entity a Voluntary Filer	No
Entity's Reporting Status Current	Yes
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		58,376,518
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2,018

CONSOLIDATED BALANCE SHEETS (Un

CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)	Sep. 30, 2018	Mar. 31, 2017
CURRENT ASSETS
Cash	$ 8,922	$ 21,744
Restricted cash	2,313	19,620
Prepaid expenses		1,118
TOTAL CURRENT ASSETS	11,235	42,482
OTHER ASSETS
Oil and gas cash bond	100,000	100,000
TOTAL OTHER ASSETS	100,000	100,000
TOTAL ASSETS	111,235	142,482
CURRENT LIABILITIES
Accounts payable and accrued expenses	694,281	674,297
Advances from officer - related party	10,500	25,500
Advances from stockholder	31,000	31,000
Note payable - stockholder		100,000
Note payable-related party
Convertible notes payable	400,000	300,000
Convertible notes payable - related parties	935,101	920,101
TOTAL CURRENT LIABILITIES	2,070,882	2,050,898
LONG-TERM LIABILITIES
Convertible note payable		100,000
TOTAL LONG-TERM LIABILITIES		100,000
TOTAL LIABILITIES	2,070,882	2,150,898
STOCKHOLDERS' DEFICIT
Common stock, $0.00005 par value; 200,000,000 shares authorized, 58,376,518 and 55,276,518 shares issued and outstanding, respectively	2,919	2,764
Additional paid-in capital	5,838,671	5,689,654
Accumulated deficit	(7,701,237)	(7,600,834)
Other comprehensive income	(100,000)	(100,000)
TOTAL STOCKHOLDERS' DEFICIT	(1,959,647)	(2,008,416)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	$ 111,235	$ 142,482

CONSOLIDATED BALANCE SHEETS (_2

CONSOLIDATED BALANCE SHEETS (Unaudited) (Parenthetical) - $ / shares	Sep. 30, 2018	Mar. 31, 2017
Statement of Financial Position [Abstract]
Common stock, par value (in dollars per share)	$ 0.00005	$ 0.00005
Common stock, authorized	200,000,000	200,000,000
Common stock, issued	58,376,518	55,276,518
Common stock, outstanding	58,376,518	55,276,518

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)	3 Months Ended		6 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
EXPENSES
Oil and gas exploration				$ 600
Impairment of oil and gas properties, unproven	15,366		32,494
Consulting	1,672	12,196	1,672	12,196
Payroll	1,500	18,998	3,000	20,498
Professional services	5,827	14,187	20,934	20,210
Occupancy and office	1,578	1,235	3,466	3,089
Travel	295	367	520	617
Total Expenses	26,238	46,983	62,086	57,210
LOSS FROM OPERATIONS	(26,238)	(46,983)	(62,086)	(57,210)
OTHER EXPENSE
Loss on conversion of notes payable	(17,500)		(17,500)
Interest expense	(9,934)	(15,056)	(20,817)	(28,425)
Total Other Expenses	27,434	15,056	38,317	28,425
NET LOSS	$ (53,672)	$ (62,039)	$ (100,403)	$ (85,635)
BASIC AND DILUTED NET LOSS PER SHARE (in dollars per share)	$ 0	$ 0	$ 0	$ 0
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING, BASIC AND DILUTED (in shares)	57,096,298	54,899,595	56,181,436	54,668,139

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)	6 Months Ended
	Sep. 30, 2018	Sep. 30, 2017
CASH FLOWS FROM OPERATING ACTIVITIES
Net loss	$ (100,403)	$ (85,635)
Adjustments to reconcile net loss to net cash used by operations:
Common stock issued for additional interest		8,300
Common stock issued for compensation		7,650
Stock options extended	1,672	22,044
Impairment of oil and gas properties, unproved	32,494
Loss on conversion of notes payable	17,500
Prepaid expenses	1,118
Accounts payable and accrued expenses	19,984	17,414
Net cash used in operating activities	(27,635)	(30,227)
CASH FLOWS FROM INVESTING ACTIVITIES
Additions to oil and gas properties, unproved	(32,494)	(32,821)
Purchase of cash bond		(100,000)
Net cash used in investing activities	(32,494)	(132,821)
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from advances from officer- related party		500
Payment of advances from officer- related party		(500)
Proceeds from convertible note payable stockholder		50,000
Proceeds from convertible notes payable – related parties		16,000
Proceeds from note payable-stockholder		100,000
Proceeds from sales of stock	30,000
Net cash provided by financing activities	30,000	166,000
NET CHANGE IN CASH AND RESTRICTED CASH	(30,129)	2,952
CASH AND RESTRICTED CASH - Beginning of period	41,364	60,400
CASH AND RESTRICTED CASH - End of period	11,235	63,352
SUPPLEMENTAL CASH FLOW DISCLOSURES:
Cash paid for interest		2,750
Cash paid for taxes
NON-CASH FINANCING AND INVESTING TRANSACTIONS
Conversion of advances from officer-related party to convertible notes payable-related party	15,000	6,000
Conversion of notes payable stockholder with stock issuance	$ 100,000

BASIS OF PRESENTATION

BASIS OF PRESENTATION	6 Months Ended
	Sep. 30, 2018
Accounting Policies [Abstract]
BASIS OF PRESENTATION	NOTE 1 - BASIS OF PRESENTATION The accompanying unaudited consolidated financial statements of EnXnet, Inc. (“EnXnet” or “the Company”) for the six months ended September 30, 2018 have been prepared in accordance with generally accepted accounting principles in the United States of America, pursuant to the rules and regulations of the U.S. Securities and Exchange Commission for interim financial information. Accordingly, the financial statements do not include all information and footnotes required by generally accepted accounting principles in the United States for complete annual financial statements. In the opinion of management, the accompanying unaudited interim consolidated financial statements reflect all adjustments, consisting of normal recurring adjustments, considered necessary for a fair presentation. The results of operations for the interim periods are not necessarily indicative of the results to be expected for the full year. The accompanying unaudited consolidated financial statements should be read in conjunction with the financial statements and notes thereto included in the Company’s March 31, 2018 Annual Report on Form 10-K. Reclassification Certain amounts in the 2017 financial statements have been reclassified to conform to the 2018 financial presentation. These reclassifications have no impact on net loss. Cash and Restricted Cash Cash and restricted cash consist of the following: September 30, 2018 March 31, 2018 Cash 8,922 21,744 Restricted cash 2,313 19,620 Total cash and restricted cash $ 11,235 $ 41,364 Recent Accounting Pronouncements In November 2016, the FASB issued ASU No. 2016-18, Statement of Cash Flows (Topic 230): Restricted Cash (a consensus of the FASB Emerging Issues Task Force). ASU 2016-18 requires that a statement of cash flows explain the change during the period in the total of cash, cash equivalents, and amounts generally described as restricted cash or restricted cash equivalents. Therefore, amounts generally described as restricted cash and restricted cash equivalents should be included with cash and cash equivalents when reconciling the beginning-of-period and end-of-period total amounts shown on the statement of cash flows. ASU 2016-18 is effective for all interim and annual reporting periods beginning after December 15, 2017. The attached financial statements include the adoption of ASU 2016-18 which was adopted by the Company on April 1, 2018. The adoption did not have a material impact on the Company’s Consolidated Financial Statements “, other than certain reclassifications have been made in the Company’s consolidated statements of cash flows to conform with the current period presentation. The Company does not expect the adoption of other recently issued accounting pronouncements to have a significant impact on the Company's results of operation, financial position or cash flows.

GOING CONCERN

GOING CONCERN	6 Months Ended
	Sep. 30, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]
GOING CONCERN	NOTE 2 – GOING CONCERN The Company has a working capital deficit and has incurred losses since inception. These factors raise substantial doubt about the Company’s ability to continue as a going concern. The financial statements do not include any adjustments that may be necessary if the Company is unable to continue as a going concern. Management of the Company has undertaken certain actions to address these conditions. Funds required to carry out management’s plans are expected to be derived from future stock sales and borrowings from outside parties. There can be no assurances that the Company will be successful in executing its plans.

NOTES PAYABLE

NOTES PAYABLE	6 Months Ended
	Sep. 30, 2018
Payables and Accruals [Abstract]
NOTES PAYABLE	NOTE 3 – NOTES PAYABLE Note payable-stockholder consists of the following: September 30, 2018 March 31, 2018 5.75% note payable to a stockholder, due May 31, 2018. $ — $ 100,000 Convertible notes payable-related party consists of the following: September 30, 2018 March 31, 2018 2% convertible notes payable to Ryan Corley, President of the Company, due on demand, convertible into a maximum of 38,238,984 common shares 764,455 749,455 2% convertible note payable to an entity controlled by Ryan Corley, President of the Company, due on demand, convertible into a maximum of 978,000 common shares 48,900 48,900 3% convertible notes payable to an entity controlled by Ryan Corley, President of the Company, due on demand, convertible into a maximum of 1,619,500 common shares 111,350 111,350 2% convertible notes payable to Douglas Goodsell, a related party, due on demand, convertible into a maximum of 519,828 common shares 10,396 10,396 Total notes payable-related party $ 935,101 $ 920,101 Convertible notes payable consists of the following: September 30, 2018 March 31, 2018 7% convertible note payable to stockholder, due on August 15, 2019, convertible into a maximum of 250,000 common shares, 50,000 - 7% convertible note payable to stockholder, due on September 10, 2019, convertible into a maximum of 250,000 common shares, 50,000 - 7% convertible notes payable to stockholder, which is past due, convertible into a maximum of 250,000 common shares, 50,000 50,000 7% convertible notes payable to stockholder, due August 12, 2018 convertible into a maximum of 250,000 common shares, 50,000 50,000 4% convertible notes payable to a stockholder, due on demand, convertible into a maximum of 350,000 common shares 175,000 175,000 2% convertible notes payable to stockholders, due on demand, convertible into a maximum of 1,100,000 common shares 25,000 25,000 Total notes payable $ 400,000 $ 300,000 Long Term Convertible notes payable consists of the following: September 30, 2018 March 31, 2018 7% convertible note payable to stockholder, due on August 15, 2019, convertible into a maximum of 250,000 common shares, - 50,000 7% convertible note payable to stockholder, due on September 10, 2019, convertible into a maximum of 250,000 common shares, - 50,000 Total notes payable $ - $ 100,000 On April 1, 2018, the Company converted $15,000 of the advances from an officer into a convertible note payable. The note bears interest of 2% and is convertible with the accrued interest into common shares of the Company at a rate of $0.025 per share. In April 2018, our CEO and President acquired a $50,000 interest in a note payable-stockholder that was due May 17, 2018, On August 13, 2018 the Company paid this note with the issuance of 1,250,000 shares of stock. In addition, on August 13, 2018, The Company issued another 1,250,000 shares of stock to pay a note payable-stockholder in the amount of $50,000. A total of 2,500,000 shares of stock were issued to pay notes payable aggregating $100,000. The fair market value of the 2,500,000 shares issued was $117,500. The Company recognized a loss on conversion of the notes payable I the amount of $17,500.

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	6 Months Ended
	Sep. 30, 2018
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS	NOTE 4 – RELATED PARTY TRANSACTIONS Advances from Stockholder: Advances from a stockholder at September 30, 2018 and March 31, 2018 was $31,000. Advances from Officer: Our CEO, Ryan Corley, has made advances to the Company in prior years. During the six months ended September 30, 2018 and the year ended March 31, 2018, respectively, the CEO made additional unsecured advances totaling $-0- and $15,500. During the six months ended September 30, 2018 and the year ended March 31, 2018, the Company made payments on these advances of $-0- and $500, respectively. At September 30, 2018 and March 31, 2018, respectively, advances from the CEO were $-0- and $15,000, respectively. Accrued Interest - officer The Company has notes payable to the CEO in the aggregate amount of $764,455 and $749,455 as of September 30, 2018 and March 31, 2018, respectively. Accrued interest owed on these notes at September 30, 2018 and March 31, 2018 is $212,506 and $204,861, respectively. These notes and accrued interest are convertible into 42,388,166 and 41,411,316 shares of restricted common stock of the Company, as of September 30, 2018 and March 31, 2018 respectively. Advances from officer - related part At September 30, 2018 and March 31, 2018, advances from the entity controlled by the CEO was $10,500 and notes payable totaled $160,250. Accrued interest owed on these notes at September 30, 2018 and March 31, 2018 is $36,557 and $35,188, respectively. These notes and accrued interest are convertible into 3,180,115 and 3,155,917 shares of restricted common stock of the Company, as of September 30, 2018 and March 31, 2018, respectively. Oil and Gas Leases During the six months ended September 30, 2018, the Company paid $100 in transfer fees to acquire a lease on an additional 640 acres in the Rocky Mountain range located in the state of Colorado for a 4-year term. The lease was acquired from our President and CEO. Each year, the Company is responsible for making additional lease payments of $2.50 per acre to keep the lease The Company conducts its business from the office of its CEO, Ryan Corley, rent free.

STOCK OPTIONS

STOCK OPTIONS	6 Months Ended
	Sep. 30, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
STOCK OPTIONS	NOTE 5 – STOCK OPTIONS On July 24, 2001, the Company filed with the SEC Form S-8, for its 2002 Stock Option Plan, (the Plan). An aggregate amount of common stock that may be awarded and purchased under the Plan is 3,000,000 shares of the Company’s common stock. On July 10, 2018, the Company extended and repriced options that were expiring. A total of 150,000 options were expiring, of these 100,000 options were extended for 1 years at an exercise price of $0.25 per option. The Company used the Black-Scholes option pricing method to determine if there were additional compensation expenses to recognize. The extension and repricing resulted in the recognition of $1,672 in compensation expense. A summary of the status of the Company’s stock options as of September 30, 2018 is presented below: September 30, 2018 Options outstanding at beginning of year 1,290,000 Options granted — Options exercised — Options expired (50,000 ) Options outstanding at end of year 1,240,000 The following table summarizes the information about the stock options as of September 30, 2018: Weighted Average of Exercise Price Number Outstanding Weighted Average Remaining Contractual Life Years Number Exercisable 0.08 900,000 3.80 900,000 0.10 240,000 3.80 240,000 0.25 100,000 0.80 100,000 $ 0.08 - 0.25 1,240,000 3.56 1,240,000

COMMON STOCK TRANSACTIONS

COMMON STOCK TRANSACTIONS	6 Months Ended
	Sep. 30, 2018
Notes to Financial Statements
COMMON STOCK TRANSACTIONS	NOTE 6 – COMMON STOCK TRANSACTIONS On July 16, 2018, the Company issued 600,000 common shares in exchange for $30,000 in cash. On August 13, 2018, the Company issued 2,500,000 common shares to retire two note payable in the aggregate amount of $100,000. These notes were in default. Prior to retiring the note, our CEO acquired a one-half interest in the note. Of these shares, 1,250,000 were issued to the CEO as payment of the note. The fair market value of the 2,500,000 shares issued was $117,500. The Company recognized a loss on conversion of the notes payable I the amount of $17,500.

BASIS OF PRESENTATION (Policies

BASIS OF PRESENTATION (Policies)	6 Months Ended
	Sep. 30, 2018
Basis Of Presentation
Basis of presentation	The accompanying unaudited consolidated financial statements of EnXnet, Inc. (“EnXnet” or “the Company”) for the six months ended September 30, 2018 have been prepared in accordance with generally accepted accounting principles in the United States of America, pursuant to the rules and regulations of the U.S. Securities and Exchange Commission for interim financial information. Accordingly, the financial statements do not include all information and footnotes required by generally accepted accounting principles in the United States for complete annual financial statements. In the opinion of management, the accompanying unaudited interim consolidated financial statements reflect all adjustments, consisting of normal recurring adjustments, considered necessary for a fair presentation. The results of operations for the interim periods are not necessarily indicative of the results to be expected for the full year. The accompanying unaudited consolidated financial statements should be read in conjunction with the financial statements and notes thereto included in the Company’s March 31, 2018 Annual Report on Form 10-K.
Reclassification	Reclassification Certain amounts in the 2017 financial statements have been reclassified to conform to the 2018 financial presentation. These reclassifications have no impact on net loss.
Cash, Cash Equivalents and Restricted Cash	Cash and Restricted Cash Cash and restricted cash consist of the following: September 30, 2018 March 31, 2018 Cash 8,922 21,744 Restricted cash 2,313 19,620 Total cash and restricted cash $ 11,235 $ 41,364
Recent Accounting Pronouncements	Recent Accounting Pronouncements In November 2016, the FASB issued ASU No. 2016-18, Statement of Cash Flows (Topic 230): Restricted Cash (a consensus of the FASB Emerging Issues Task Force). ASU 2016-18 requires that a statement of cash flows explain the change during the period in the total of cash, cash equivalents, and amounts generally described as restricted cash or restricted cash equivalents. Therefore, amounts generally described as restricted cash and restricted cash equivalents should be included with cash and cash equivalents when reconciling the beginning-of-period and end-of-period total amounts shown on the statement of cash flows. ASU 2016-18 is effective for all interim and annual reporting periods beginning after December 15, 2017. The attached financial statements include the adoption of ASU 2016-18 which was adopted by the Company on April 1, 2018. The adoption did not have a material impact on the Company’s Consolidated Financial Statements “, other than certain reclassifications have been made in the Company’s consolidated statements of cash flows to conform with the current period presentation. The Company does not expect the adoption of other recently issued accounting pronouncements to have a significant impact on the Company's results of operation, financial position or cash flows.

BASIS OF PRESENTATION (Tables)

BASIS OF PRESENTATION (Tables)	6 Months Ended
	Sep. 30, 2018
Basis Of Presentation Tables Abstract
Schedule of cash and cash equivalents and restricted cash	September 30, 2018 March 31, 2018 Cash 8,922 21,744 Restricted cash 2,313 19,620 Total cash and restricted cash $ 11,235 $ 41,364

NOTES PAYABLE (Tables)

NOTES PAYABLE (Tables)	6 Months Ended
	Sep. 30, 2018
Payables and Accruals [Abstract]
Convertible notes payable-related party	Note payable-stockholder consists of the following: September 30, 2018 March 31, 2018 5.75% note payable to a stockholder, due May 31, 2018. $ — $ 100,000 Convertible notes payable-related party consists of the following: September 30, 2018 March 31, 2018 2% convertible notes payable to Ryan Corley, President of the Company, due on demand, convertible into a maximum of 38,238,984 common shares 764,455 749,455 2% convertible note payable to an entity controlled by Ryan Corley, President of the Company, due on demand, convertible into a maximum of 978,000 common shares 48,900 48,900 3% convertible notes payable to an entity controlled by Ryan Corley, President of the Company, due on demand, convertible into a maximum of 1,619,500 common shares 111,350 111,350 2% convertible notes payable to Douglas Goodsell, a related party, due on demand, convertible into a maximum of 519,828 common shares 10,396 10,396 Total notes payable-related party $ 935,101 $ 920,101
Convertible Notes Payable	Convertible notes payable consists of the following: September 30, 2018 March 31, 2018 7% convertible note payable to stockholder, due on August 15, 2019, convertible into a maximum of 250,000 common shares, 50,000 - 7% convertible note payable to stockholder, due on September 10, 2019, convertible into a maximum of 250,000 common shares, 50,000 - 7% convertible notes payable to stockholder, which is past due, convertible into a maximum of 250,000 common shares, 50,000 50,000 7% convertible notes payable to stockholder, due August 12, 2018 convertible into a maximum of 250,000 common shares, 50,000 50,000 4% convertible notes payable to a stockholder, due on demand, convertible into a maximum of 350,000 common shares 175,000 175,000 2% convertible notes payable to stockholders, due on demand, convertible into a maximum of 1,100,000 common shares 25,000 25,000 Total notes payable $ 400,000 $ 300,000
Long term convertible notes payable	Long Term Convertible notes payable consists of the following: September 30, 2018 March 31, 2018 7% convertible note payable to stockholder, due on August 15, 2019, convertible into a maximum of 250,000 common shares, - 50,000 7% convertible note payable to stockholder, due on September 10, 2019, convertible into a maximum of 250,000 common shares, - 50,000 Total notes payable $ - $ 100,000

STOCK OPTIONS (Tables)

STOCK OPTIONS (Tables)	6 Months Ended
	Sep. 30, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Schedule of stock options	September 30, 2018 Options outstanding at beginning of year 1,290,000 Options granted — Options exercised — Options expired (50,000 ) Options outstanding at end of year 1,240,000
Schedule of stock options details	Weighted Average of Exercise Price Number Outstanding Weighted Average Remaining Contractual Life Years Number Exercisable 0.08 900,000 3.80 900,000 0.10 240,000 3.80 240,000 0.25 100,000 0.80 100,000 $ 0.08 - 0.25 1,240,000 3.56 1,240,000

BASIS OF PRESENTATION (Details)

BASIS OF PRESENTATION (Details) - USD ($)	Sep. 30, 2018	Mar. 31, 2018	Sep. 30, 2017	Mar. 31, 2017
Basis Of Presentation Details Abstract
Cash	$ 8,922	$ 21,744		$ 21,744
Restricted cash	2,313	19,620
Total cash and restricted cash	$ 11,235	$ 41,364	$ 63,352	$ 60,400

NOTES PAYABLE - Convertible not

NOTES PAYABLE - Convertible notes payable - related party (Details) - USD ($)	6 Months Ended	12 Months Ended
	Sep. 30, 2018	Mar. 31, 2018
Total notes payable-related party	$ 935,101	$ 920,101
2% Convertible notes payable to Ryan Corley, President of the Company, due on demand, convertilbe into a maximum of 38,238,984 common shares
Total notes payable-related party	764,455	749,455
2% convertible note payable to an entity controlled by Ryan Corley, President of the Company, due on demand, convertible into a maximum of 978,000 common shares
Total notes payable-related party	48,900	48,900
3% convertible notes payable to an entity controlled by Ryan Corley, President of the Company, due on demand, convertible into a maximum of 1,619,500 common shares
Total notes payable-related party	111,350	111,350
2% convertible notes payable to Douglas Goodsell, a related party, due on demand, convertible into a maximum of 519,850 common shares
Total notes payable-related party	$ 10,396	$ 10,396

NOTES PAYABLE - Convertible N_2

NOTES PAYABLE - Convertible Notes Payable (Details) - USD ($)	Sep. 30, 2018	Mar. 31, 2018	Mar. 31, 2017
Total notes payable	$ 400,000		$ 300,000
Convertible Note 1
Total notes payable	50,000
Convertible Note 2
Total notes payable	50,000
Convertible Note 3
Total notes payable	50,000	50,000
Convertible Note 4
Total notes payable	50,000	50,000
Convertible Note 5
Total notes payable	175,000	175,000
Convertible Note 6
Total notes payable	25,000	25,000
Total
Total notes payable	$ 400,000	$ 300,000

NOTES PAYABLE - Long Term Conve

NOTES PAYABLE - Long Term Convertible Notes Payable (Details) - USD ($)	Sep. 30, 2018	Mar. 31, 2018
Longterm Convertible Note Payable 1
Long Term Debt Payable		$ 50,000
Longterm Convertible Note Payable 2
Long Term Debt Payable		50,000
Longterm Convertible Note Payable Total
Long Term Debt Payable		$ 100,000

STOCK OPTIONS (Details)

STOCK OPTIONS (Details)	6 Months Ended
	Sep. 30, 2018USD ($)shares
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward]
Options outstanding at beginning of year	1,290,000
Options expired | $	$ (50,000)
Options outstanding at end of year	1,240,000

STOCK OPTIONS (Details 1)

STOCK OPTIONS (Details 1)	6 Months Ended
	Sep. 30, 2018$ / sharesshares
Option 1
Range of Exercise Price, max | $ / shares	$ 0.08
Number Outstanding	900,000
Weighted Average Remaining Contractual Life Years	3 years 9 months 18 days
Number Exercisable	900,000
Option 2
Range of Exercise Price, max | $ / shares	$ 0.10
Number Outstanding	240,000
Weighted Average Remaining Contractual Life Years	3 years 9 months 18 days
Number Exercisable	240,000
Option 3
Range of Exercise Price, max | $ / shares	$ 0.25
Number Outstanding	100,000
Weighted Average Remaining Contractual Life Years	9 months 18 days
Number Exercisable	100,000
Total
Range of Exercise Price, min | $ / shares	$ .08
Range of Exercise Price, max | $ / shares	$ .25
Number Outstanding	1,240,000
Weighted Average Remaining Contractual Life Years	3 years 6 months 21 days
Number Exercisable	1,240,000