Plyzer (PLYZ) 10-K 29 Jun 17 2017 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Mar. 31, 2017	Sep. 30, 2016
Document and Entity Information
Entity Registrant Name	Plyzer Technologies Inc.
Document Type	10-K
Document Period End Date	Mar. 31, 2017
Amendment Flag	false
Entity Central Index Key	1,334,589
Current Fiscal Year End Date	--03-31
Entity Common Stock, Shares Outstanding	34,616,476
Entity Public Float		$ 801,051
Entity Filer Category	Smaller Reporting Company
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Well-known Seasoned Issuer	No
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	FY
Trading Symbol	plyz

Balance Sheets

Balance Sheets - USD ($)	Mar. 31, 2017	Mar. 31, 2016
Current Assets
Cash	$ 199	$ 8,488
Prepaid expenses	16,965	583
Total Current Assets	17,164	9,071
TOTAL ASSETS	17,164	9,071
Current Liabilities
Accounts payable and accrued liabilities	85,652	95,052
Convertible debt, net		28,000
Due to related parties	74,631
Total Current Liabilities	160,283	123,052
Long-term Liabilities
TOTAL LIABILITIES	160,283	123,052
STOCKHOLDERS' EQUITY (DEFICIT)
Common stock value	34,616	33,517
Additional paid-in capital	3,069,094	3,030,633
Accumulated other comprehensive income	69,428	68,269
Accumulated deficit	(3,316,257)	(3,246,400)
Total Stockholders' Equity (Deficit)	(143,119)	(113,981)
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)	$ 17,164	$ 9,071

Balance Sheets (parenthetical)

Balance Sheets (parenthetical) - USD ($)	Mar. 31, 2017	Mar. 31, 2016
Balance Sheet
Accumulated depreciation, furniture	$ 0	$ 0
Common stock, par value	$ 0.001	$ 0.001
Common stock, shares authorized	200,000,000	200,000,000
Common stock, shares issued	34,616,476	33,517,461
Common stock, shares outstanding	34,616,476	33,517,461

Statements of Operations

Statements of Operations - USD ($)	12 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Income Statement
Revenues
Operating Expenses
Development costs	53,896
General and administrative expenses	8,393	11,084
Professional fees	6,300	12,200
Consulting fees	1,000	85,730
Bad debt		44,800
Impairment in investment		39,200
Travel, meals and promotions		11,155
Total expenses	69,589	204,169
Income (loss) from operations	(69,589)	(204,169)
Gain (loss) on disposition of debt		(448,615)
Interest expense	268	68,273
Net income (loss)	(69,857)	(721,057)
Other comprehensive gain (loss)	1,159	33,577
Comprehensive income (loss)	$ (68,698)	$ (687,480)
Basic and diluted net income (loss) per share, net	$ 0	$ (0.02)
Number of weighted average common shares outstanding	34,358,676	26,892,658

Statements of Stockholders' Equ

Statements of Stockholders' Equity - USD ($)	Common Shares	Additional Paid-in Capital	Accumulated Deficit	Accumulated Other Comprehensive Income	Total
Beginning Balance, shares at Mar. 31, 2015	25,868,848
Beginning Balance, amount at Mar. 31, 2015	$ 25,868	$ 2,127,759	$ (2,525,343)	$ 34,692	$ (337,024)
Shares issued for convertible debt, shares	878,161
Shares issued for convertible debt, amount	$ 878	40,712			41,590
Shares issued for debt payable, shares	11,770,452
Shares issued for debt payable, amount	$ 11,771	812,162			823,933
Cancellation of previously issued stock, shares	(5,000,000)
Cancellation of previously issued stock, amount	$ (5,000)	5,000
Debt discount related to beneficial conversion		30,000			30,000
CEO fee forgiven		15,000			15,000
Other comprehensive gain (loss)				33,577	33,577
Net income (loss) for the period			(721,057)		(721,057)
Ending Balance, shares at Mar. 31, 2016	33,517,461
Ending Balance, amount at Mar. 31, 2016	$ 33,517	3,030,633	(3,246,400)	68,269	(113,981)
Shares issued for settlement of fee, shares	100,000
Shares issued for settlement of fee, amount	$ 100	6,900			7,000
Shares issued for convertible debt, shares	999,015
Shares issued for convertible debt, amount	$ 999	31,561			32,560
Other comprehensive gain (loss)				1,159	1,159
Net income (loss) for the period			(69,857)		(69,857)
Ending Balance, shares at Mar. 31, 2017	34,616,476
Ending Balance, amount at Mar. 31, 2017	$ 34,616	$ 3,069,094	$ (3,316,257)	$ 69,428	$ (143,119)

Statements of Cash Flows

Statements of Cash Flows - USD ($)	12 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
CASH FLOWS FROM OPERATING ACTIVITIES
Net income (loss)	$ (69,857)	$ (721,057)
Adjustments to reconcile net loss to net cash used by operating activities:
Bad debt		44,800
Furniture written off		4,673
CEO fee forgiven		15,000
CEO fee settled in shares		25,000
Impairment in investment		39,200
Unamortization of note payable discount written off		17,669
Amortization of note payable discount		45,495
Gain (loss) on disposition of debt		(448,615)
Consulting fee settled in shares	7,000
Interest settled in shares	268
Changes in operating assets and liabilities:
(Increase) decrease in prepaid expenses	(16,382)	9,550
Increase (decrease) in accounts payable and accrued liabilities	(5,108)	28,780
Net cash used in operating activities	(84,079)	(42,275)
CASH FLOWS IN FINANCING ACTIVITIES
Advances from related parties	74,631	174
Proceeds from convertible loan		30,000
Net cash provided by financing activities	74,631	30,174
Effects of exchange rates on cash	1,159	(682)
Net increase (decrease) in cash	(8,289)	(12,783)
Cash, beginning of period	8,488	21,271
Cash, end of period	199	8,488
SUPPLEMENTAL DISCLOSURES
Income taxes paid
Interest paid		1,593
NON-CASH INVESTING ACTIVITIES
Beneficial conversion feature on convertible debt		30,000
Convertible note converted into common shares	$ (32,560)	(40,000)
Debt settled in common shares		$ (323,809)

Business Description and Summar

Business Description and Summary of Significant Accounting Policies	12 Months Ended
	Mar. 31, 2017
Notes
Business Description and Summary of Significant Accounting Policies	NOTE 1 - BUSINESS DESCRIPTION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (A) Business Description Plyzer Technologies Inc. (the “Company”), incorporated on February 23, 2005 under the laws of the state of Nevada, operates from one of its shareholder’s premises in Toronto, Ontario, Canada. Most of the activities of the Company to date relate to its organization, funding, and seeking business opportunities in the emerging technologies. On March 31, 2017, The Company changed its name from ZD Ventures Corporation to Plyzer Technologies Inc.. The Company began trading under a new symbol “PLYZ” effective May 1, 2017. In December 2016, the Company incorporated a wholly owned subsidiary in Delaware, Plyzer Corporation (“Plyzer”). Plyzer entered into a development and consulting agreement with Lupama Producciones,S.L., a non-related Spanish private corporation (“Lupama”). Lupama will be managing and developing for Plyzer a unique web portal providing solutions for price comparison using artificial intelligence in a number of niche markets Lupama began development work in January 2017, which was primarily financed by borrowings from the director. The Company is currently seeking external financing to support further development work at Plyzer. (B) Basis of Presentation The audited consolidated financial statements for the year ended March 31, 2017 include the accounts of Plyzer Technologies Inc. and its wholly owned subsidiary; Plyzer Corporation and are presented in accordance with accounting principles generally accepted in the United States, and are expressed in U.S. dollars. All material intercompany accounts and transactions have been eliminated in consolidation. (C) Use of estimates The financial statements have been prepared in conformity with generally accepted accounting principles (GAAP). In preparing the financial statements, management is required to make estimates and assumptions that affect the reported amounts of assets and liabilities as of the date of the statement of financial position, and revenues and expenses for the year then ended. Actual results may differ significantly from those estimates. (D) Development costs Development costs, which relate primarily to product and software development are charged to operations as incurred. Under certain development arrangements with third parties, the Company may be required to make payments that are contingent on the achievement of specific development and commercial milestones. Milestone payments made to third parties are expensed when the milestone is achieved. (E) Foreign Currency Translation The Company’s functional and reporting currency is the United States Dollar. Assets and liabilities recorded in currencies other than US dollars are translated into USD at the prevailing exchange rates in effect at the end of the reporting period, the historical rate for stockholders’ equity (deficiency) and revenues, expenses, gains and losses shall be translated at the exchange rate on the dates on which these elements are recognized, or if found to be impractical, the average exchange rate for the period may be used to translate these elements. Adjustments that arise from translation into the reporting currency are recorded as an exchange gain or loss to be included as other comprehensive gain or loss. (F) Net income (loss) per share Net loss per share was computed by dividing the net loss by the weighted average number of common shares outstanding during the year. The weighted average number of shares was calculated by taking the number of shares outstanding and weighting them by the amount of time that they were outstanding. Diluted net loss per share for the Company is the same as basic net loss per share, as the inclusion of common stock equivalents would be antidilutive. Five million shares issued to Lupama, which have not yet vested were not included in the computation of the weighted average number of shares. (G) Cash and Cash Equivalents For purposes of the statement of cash flows, the Company considers all highly liquid investments with original maturity of three months or less to be cash equivalents. As of March 31, 2017, and 2016 the Company had no cash equivalents. (H) Income taxes The Company accounts for income taxes under FASB Codification Topic 740 which requires use of the liability method. Topic 740 provides that deferred tax assets and liabilities are recorded based on the differences between the tax basis of assets and liabilities and their carrying amounts for financial reporting purposes, referred to as temporary differences. Deferred tax assets and liabilities at the end of each period are determined using the currently enacted tax rates applied to taxable income in the periods in which the deferred tax assets and liabilities are expected to be settled or realized. Valuation allowances are established when necessary to reduce deferred tax assets to the amount expected to be realized. (I) Share-Based Compensation FASB ASC 718 “Compensation - Stock Compensation” prescribes accounting and reporting standards for all stock-based payments awarded to employees, including employee stock option, restricted stock, employee stock purchase plans and stock appreciation rights, that may be classified as either equity or liabilities. The Company determines if a present obligation to settle the share-based payment transaction in cash or other assets exists. A present obligation to settle in cash or other assets exists if: (A) the option to settle by issuing equity instruments lacks commercial substance or (B) the present obligation is implied because of an entity’s past practice or stated policies. If a present obligation exists, the transaction should be recognized as a liability; otherwise, the transaction should be recognized as equity. (J) Fair Value of Financial Instruments The Company’s balance sheet includes certain financial instruments. The carrying amounts of current assets and current liabilities approximate their fair value because of the relatively short period of time between the origination of these instruments and their expected realization. FASB Accounting Standards Codification (ASC) topic, “Fair Value Measurements and Disclosures”, defines fair value as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. ASC 820 also establishes a fair value hierarchy that distinguishes between (1) market participant assumptions developed based on market data obtained from independent sources (observable inputs) and (2) an entity’s own assumptions about market participant assumptions developed based on the best information available in the circumstances (unobservable inputs). The fair value hierarchy consists of three broad levels, which gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1) and the lowest priority to unobservable inputs (Level 3). The three-level hierarchy for fair value measurements is defined as follows: · Level 1 - inputs to the valuation methodology are quoted prices (unadjusted) for identical assets or liabilities in active markets; · Level 2 - inputs to the valuation methodology include quoted prices for similar assets and liabilities in active markets, and inputs that are observable of the asset or liability other than quoted prices, either directly or indirectly including inputs in markets that are not considered to be active; · Level 3 - inputs to the valuation methodology are unobservable and significant to the fair value measurement.

Going Concern

Going Concern	12 Months Ended
	Mar. 31, 2017
Notes
Going Concern	NOTE 2 - GOING CONCERN The Company’s consolidated financial statements are prepared using generally accepted accounting principles in the United States of America applicable to a going concern which contemplates the realization of assets and liquidation of liabilities in the normal course of business. The Company has not yet established an ongoing source of revenues sufficient to cover its operating costs which creates substantial doubt about the Company’s ability to continue as a going concern. The ability of the Company to continue as a going concern is dependent on the Company obtaining adequate capital to fund operating losses until it becomes profitable. If the Company is unable to obtain adequate capital, it could be forced to cease operations. In order to continue as a going concern, the Company will need, among other things, additional capital resources. Management’s plan is to obtain such resources for the Company by obtaining capital from significant shareholders sufficient to meet its minimal operating expenses and seeking equity and/or debt financing. However, management cannot provide any assurances that the Company will be successful in accomplishing any of its plans. The ability of the Company to continue as a going concern is dependent upon its ability to successfully accomplish the plans described in the preceding paragraph and eventually secure other sources of financing and attain profitable operations. The accompanying financial statements do not include any adjustments that might be necessary if the Company is unable to continue as a going concern. As of March 31, 2017, the Company has an accumulated deficit amount of approximately $3,316,257 .

Recent Accounting Pronouncement

Recent Accounting Pronouncements	12 Months Ended
	Mar. 31, 2017
Notes
Recent Accounting Pronouncements	NOTE 3 - RECENT ACCOUNTING PRONOUNCEMENTS In May 2014, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") No. 2014-09, "Revenue from Contracts with Customers (Topic 606)". ASU No. 2014-09 supersedes the revenue recognition requirements in "Revenue Recognition (Topic 605)," and requires entities to recognize revenue in a way that depicts the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. In July 2015, the FASB deferred the effective date of this pronouncement by one year to December 15, 2017 for annual reporting periods beginning after that date In August 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2014-15, Presentation of Financial Statements-Going Concern (Subtopic 205-40)-Disclosure of Uncertainties about an Entity’s Ability to Continue as a Going Concern (“ASU 2014-15”). ASU 2014-15 provides guidance to United States Generally Accepted Accounting Principles ("U.S. GAAP") about management’s responsibility to evaluate whether there is a substantial doubt about an entity’s ability to continue as a going concern and to provide related footnote disclosures. Specifically, ASU 2014-15 (1) defines the term substantial doubt, (2) requires an evaluation of every reporting period including interim periods, (3) provides principles for considering the mitigating effect of management’s plan, (4) requires certain disclosures when substantial doubt is alleviated as a result of consideration of management’s plans, (5) requires an express statement and other disclosures when substantial doubt is not alleviated, and (6) requires an assessment for a period of one year after the date that the financial statements are issued (or available to be issued). The amendments in this update are effective for annual periods beginning after December 15, 2017 and interim periods within those reporting periods. Earlier adoption is permitted. This ASU is not anticipated to have a material impact on the Company's financial statements and notes to the financial statements. The Company is evaluating the effects of the adoption of this ASU to its financial statements. In January 2016, the FASB issued ASU 2016-01, Recognition and Measurement of Financial Assets and Financial Liabilities, which provides guidance for the recognition, measurement, presentation, and disclosure of financial assets and liabilities. This ASU will be effective for the Company beginning in the first quarter of fiscal year 2019. The Company is evaluating the effects of the adoption of this ASU to its financial statements. In February 2016, the FASB issued Accounting Standards Update (“ASU”) 2016-02, “Leases (Topic 842)”. Under this guidance, an entity is required to recognize right-of-use assets and lease liabilities on its balance sheet and disclose key information about leasing arrangements. This guidance offers specific accounting guidance for a lessee, a lessor and sale and leaseback transactions. Lessees and lessors are required to disclose qualitative and quantitative information about leasing arrangements to enable a user of the financial statements to assess the amount, timing and uncertainty of cash flows arising from leases. This guidance is effective for annual reporting periods beginning after December 15, 2018, including interim periods within that reporting period, and requires a modified retrospective adoption, with early adoption permitted. The Company does not expect the adoption to have a material impact on its consolidated financial statements upon adoption. The Company evaluates new pronouncements as issued and evaluates the effect of adoption on the Company at the time. The Company has determined that the adoption of recently adopted accounting pronouncements will not have an impact on the financial statements.

Prepaid Expenses Disclosure

Prepaid Expenses Disclosure	12 Months Ended
	Mar. 31, 2017
Notes
Prepaid Expenses Disclosure	NOTE 4 - PREPAID EXPENSES Year ended March 31, 2017 2016 Prepaid fee $ -- $ 583 Prepaid development costs 16,965 -- $ 16,965 $ 583 i. Prepaid development costs represent amount paid to Lupama towards development costs incurred during the period subsequent to April 1, 2017. ii. Prepaid fee comprises fee paid for the calendar year 2016 to State of Nevada for renewal of license. Eight months’ of the fee is considered prepaid.

Convertible Debts Disclosure

Convertible Debts Disclosure	12 Months Ended
	Mar. 31, 2017
Notes
Convertible Debts Disclosure	NOTE 5 - CONVERTIBLE DEBTS March 31, 2017 2016 Balance, at beginning of year $ 28,000 $ 4,836 Accrued interest 4,560 -- Converted to additional paid in capital i (31,561) (30,000) Converted to common stock i (999) (40,000) BCF amortization of discount i -- 63,164 Unsecured loans -- 30,000 Debt discount to paid in capital -- -- $ -- $ 28,000 i. On April 11, 2016, a convertible debt holder of a $38,000 loan having a balance of $ 28,000 as at April 1, 2016, converted $20,000 of the loan into 689,655 common shares as per the terms of the agreement and on February 15, 2017, converted the balance of $ 8,000 plus accrued interest of $4,560 into 309,360 common shares. Par value of shares issued $999 was included in share capital and the balance $31561 was included in additional paid in capital.

Common Stock Disclosure

Common Stock Disclosure	12 Months Ended
	Mar. 31, 2017
Notes
Common Stock Disclosure	NOTE 6 - COMMON STOCK A consultant was issued 100,000 common shares on April 2, 2016 for services rendered. These shares were valued at $7,000 , based on the quoted market price of $0.07 per common share on the date of issuance. The par value of these shares of $100 has been included in the common stock and the balance of $6,900 in additional paid-in capital. The Company issued on December 21, 2016, 5 million restricted common shares to Lupama as a joining bonus as per the terms of the consulting agreement signed with Lupama. These shares were valued at $350,000 , based on the quoted market price of $0.07 per common share on the date of issuance. As per the terms of the consulting agreement, these shares will vest only after 12 months and are subject to the consultant not resigning or the consulting agreement not terminating prior to the vesting date. As a result, the value of the shares will be accounted only on their vesting unconditionally. On March 29, 2016, amount due to Current Capital Corp., a private corporation owned by a shareholder of the Company had a carrying cost of $319,809 after adjusting for the exchange gain and transfer of $ 6,000 from payable. The entire debt was assumed by the CEO, Mr. Terence Robinson. The amount was settled by issuance of 10,660,312 restricted common shares of the Company at $0.03 per share. On the same day, Mr. Robinson also agreed to accept another 1,110,140 restricted common shares at $0.05 per share value, in settlement of the amount of $55,507 due to him on account of fees and expenses. The total number of shares issued 11,770,452 were valued at $0.07 being the quoted price of the Company’s share on OTC Markets on the date of the issuance for a total cost of $823,933 . $11,770 was credited to common stock and the balance $812,162 was credited to additional paid in capital and difference between the total debt settled and the value of the shares issued being $ 448,615 was expensed as loss on disposition of debt. On February 25, 2016, Mr. Jeffrey Robinson, brother of the CEO, returned a certificate covering 5,000,000 restricted common shares of the Company for cancellation without any consideration. These shares were cancelled on February 26, 2016. At March 31, 2017, the Company had 200,000,000 common shares of par value $0.001 common stock authorized.

Commitment Disclosure

Commitment Disclosure	12 Months Ended
	Mar. 31, 2017
Notes
Commitment Disclosure	NOTE 7 - COMMITMENT Under the terms of the consulting agreement with Lupama, Lupama shall be entitled to receive an additional 25 million restricted common shares as follows: On Plyzer becoming a fully functional commercial site for consumers 10 million On Plyzer becoming a fully functional commercial site for companies 5 million On enrolment of first 100,000 users/month 5 Million On achievement of first $50,000 in revenue 5 Million Exact dates on which the above milestones would be achieved was not known as at March 31, 2017.

Related Party Transactions Disc

Related Party Transactions Disclosure	12 Months Ended
	Mar. 31, 2017
Notes
Related Party Transactions Disclosure	NOTE 8 - RELATED PARTY TRANSACTIONS ADVANCES FROM STOCKHOLDER March 31, 2017 2016 Balance, beginning of year $ -- $ 344,145 Funds advanced (net) 74,631 174 Fee payable transferred from accounts payable -- 6,000 Exchange difference -- (30,510) Debt assumed by CEO -- (319,809) Balance, end of year $ 74,631 $ -- Funds were advanced from time to time by Mr. Terence Robinson, the CEO and the sole director. CONSULTING FEES Year ended March 31, 2017 2016 Fee charged by the CEO $ 25,000 $ 25,000 Fee charged by a consultant holding over 10% equity interest in the Company -- $ (3,745) $ 25,000 $ 21,255 The fees of $25,000 charged by the CEO are included in accounts payable as at March 31, 2017 ($ nil as at March 31, 2016). TRAVEL, MEALS AND PROMOTIONS Travel and meals costs included $nil charged by the CEO and a consultant holding over 10% equity interest in the Company. (2016: $5,000 ).

Income Taxes Disclosure

Income Taxes Disclosure	12 Months Ended
	Mar. 31, 2017
Notes
Income Taxes Disclosure	NOTE 9 - INCOME TAXES The Company accounts for income taxes under FASB ASC 740-10, which provides for an asset and liability approach of accounting for income taxes. Under this approach, deferred tax assets and liabilities are recognized based on anticipated future tax consequences, using currently enacted tax laws, attributed to temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts calculated for income tax purposes. For the years ended March 31, 2017, and 2016, respectively, the Company produced net operating losses before provision for income taxes of $69,857 and $721,057 respectively; accordingly, a provision for income taxes of $0 was recorded during the year ended March 31, 2017 and 2016. The components of the Company’s deferred tax assets as of March 31, 2017 and 2016 are as follows: 2017 2016 Net operating loss carryover $ (502,000) $ (477,600) Valuation allowance 502,000 477,600 Net provision for federal income taxes $ -- $ -- The Company’s effective income tax rate of 0.0% differs from the statutory rate of 35% for the reason set forth below for the years ended March 31: 2017 2016 Income tax (recoverable) payable at statutory rate $ (24,450) $ (95,355) Valuation allowance 24,450 95,355 Net provision for federal income taxes $ -- $ -- As at the year-end the Company had an approximate net tax loss carried forward of $1.4 million (2016: $1.4 million). Future tax benefits which may arise as a result of these losses have not been recognized in these financial statements, as their realization is determined not likely to occur and accordingly, the Company has recorded a valuation allowance for the deferred tax asset relating to these tax loss carry-forwards. These losses expire between 2028 and 2037. There is a three-year limitation on IRS audit since filing of a tax return. The Company has yet to file its tax returns since the fiscal year 2012. Penalties and interest if any charged are included in general and administrative expenses. No penalty or interest was charged or included during the years ended March 31, 2017 and 2016.

Subsequent Events

Subsequent Events	12 Months Ended
	Mar. 31, 2017
Notes
Subsequent Events	NOTE 10 - SUBSEQUENT EVENT 1. The Company raised $88,000 subsequent to the balance sheet date by way of convertible debt financing from two independent entities. The convertible promissory notes carry interest of 8% and 12% respectively and are repayable within nine months and one year respectively. The notes are convertible into common shares of the Company at a price based on the average quoted price discounted by 60% to 61%. 2. In April 2017, the Company incorporated a wholly owned subsidiary, Plyzer Technologies (Canada) Inc. in Ontario, Canada and sub-leased an office premises. Mr. pallares, the key owner of Lupama has become the CEO of this subsidiary.

Business Description and Summ17

Business Description and Summary of Significant Accounting Policies: Basis of Presentation (Policies)	12 Months Ended
	Mar. 31, 2017
Policies
Basis of Presentation	(B) Basis of Presentation The audited consolidated financial statements for the year ended March 31, 2017 include the accounts of Plyzer Technologies Inc. and its wholly owned subsidiary; Plyzer Corporation and are presented in accordance with accounting principles generally accepted in the United States, and are expressed in U.S. dollars. All material intercompany accounts and transactions have been eliminated in consolidation.

Business Description and Summ18

Business Description and Summary of Significant Accounting Policies: Use of Estimates (Policies)	12 Months Ended
	Mar. 31, 2017
Policies
Use of Estimates	(C) Use of estimates The financial statements have been prepared in conformity with generally accepted accounting principles (GAAP). In preparing the financial statements, management is required to make estimates and assumptions that affect the reported amounts of assets and liabilities as of the date of the statement of financial position, and revenues and expenses for the year then ended. Actual results may differ significantly from those estimates.

Business Description and Summ19

Business Description and Summary of Significant Accounting Policies: Development Costs Policy (Policies)	12 Months Ended
	Mar. 31, 2017
Policies
Development Costs Policy	(D) Development costs Development costs, which relate primarily to product and software development are charged to operations as incurred. Under certain development arrangements with third parties, the Company may be required to make payments that are contingent on the achievement of specific development and commercial milestones. Milestone payments made to third parties are expensed when the milestone is achieved.

Business Description and Summ20

Business Description and Summary of Significant Accounting Policies: Foreign Currency Translation Policy (Policies)	12 Months Ended
	Mar. 31, 2017
Policies
Foreign Currency Translation Policy	(E) Foreign Currency Translation The Company’s functional and reporting currency is the United States Dollar. Assets and liabilities recorded in currencies other than US dollars are translated into USD at the prevailing exchange rates in effect at the end of the reporting period, the historical rate for stockholders’ equity (deficiency) and revenues, expenses, gains and losses shall be translated at the exchange rate on the dates on which these elements are recognized, or if found to be impractical, the average exchange rate for the period may be used to translate these elements. Adjustments that arise from translation into the reporting currency are recorded as an exchange gain or loss to be included as other comprehensive gain or loss.

Business Description and Summ21

Business Description and Summary of Significant Accounting Policies: Net Income (loss) Per Share Policy (Policies)	12 Months Ended
	Mar. 31, 2017
Policies
Net Income (loss) Per Share Policy	(F) Net income (loss) per share Net loss per share was computed by dividing the net loss by the weighted average number of common shares outstanding during the year. The weighted average number of shares was calculated by taking the number of shares outstanding and weighting them by the amount of time that they were outstanding. Diluted net loss per share for the Company is the same as basic net loss per share, as the inclusion of common stock equivalents would be antidilutive. Five million shares issued to Lupama, which have not yet vested were not included in the computation of the weighted average number of shares.

Business Description and Summ22

Business Description and Summary of Significant Accounting Policies: Cash and Cash Equivalents Policy (Policies)	12 Months Ended
	Mar. 31, 2017
Policies
Cash and Cash Equivalents Policy	(G) Cash and Cash Equivalents For purposes of the statement of cash flows, the Company considers all highly liquid investments with original maturity of three months or less to be cash equivalents. As of March 31, 2017, and 2016 the Company had no cash equivalents.

Business Description and Summ23

Business Description and Summary of Significant Accounting Policies: Income Taxes Policy (Policies)	12 Months Ended
	Mar. 31, 2017
Policies
Income Taxes Policy	(H) Income taxes The Company accounts for income taxes under FASB Codification Topic 740 which requires use of the liability method. Topic 740 provides that deferred tax assets and liabilities are recorded based on the differences between the tax basis of assets and liabilities and their carrying amounts for financial reporting purposes, referred to as temporary differences. Deferred tax assets and liabilities at the end of each period are determined using the currently enacted tax rates applied to taxable income in the periods in which the deferred tax assets and liabilities are expected to be settled or realized. Valuation allowances are established when necessary to reduce deferred tax assets to the amount expected to be realized.

Business Description and Summ24

Business Description and Summary of Significant Accounting Policies: Share-based Compensation Policy (Policies)	12 Months Ended
	Mar. 31, 2017
Policies
Share-based Compensation Policy	(I) Share-Based Compensation FASB ASC 718 “Compensation - Stock Compensation” prescribes accounting and reporting standards for all stock-based payments awarded to employees, including employee stock option, restricted stock, employee stock purchase plans and stock appreciation rights, that may be classified as either equity or liabilities. The Company determines if a present obligation to settle the share-based payment transaction in cash or other assets exists. A present obligation to settle in cash or other assets exists if: (A) the option to settle by issuing equity instruments lacks commercial substance or (B) the present obligation is implied because of an entity’s past practice or stated policies. If a present obligation exists, the transaction should be recognized as a liability; otherwise, the transaction should be recognized as equity.

Business Description and Summ25

Business Description and Summary of Significant Accounting Policies: Fair Value of Financial Instruments (Policies)	12 Months Ended
	Mar. 31, 2017
Policies
Fair Value of Financial Instruments	(J) Fair Value of Financial Instruments The Company’s balance sheet includes certain financial instruments. The carrying amounts of current assets and current liabilities approximate their fair value because of the relatively short period of time between the origination of these instruments and their expected realization. FASB Accounting Standards Codification (ASC) topic, “Fair Value Measurements and Disclosures”, defines fair value as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. ASC 820 also establishes a fair value hierarchy that distinguishes between (1) market participant assumptions developed based on market data obtained from independent sources (observable inputs) and (2) an entity’s own assumptions about market participant assumptions developed based on the best information available in the circumstances (unobservable inputs). The fair value hierarchy consists of three broad levels, which gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1) and the lowest priority to unobservable inputs (Level 3). The three-level hierarchy for fair value measurements is defined as follows: · Level 1 - inputs to the valuation methodology are quoted prices (unadjusted) for identical assets or liabilities in active markets; · Level 2 - inputs to the valuation methodology include quoted prices for similar assets and liabilities in active markets, and inputs that are observable of the asset or liability other than quoted prices, either directly or indirectly including inputs in markets that are not considered to be active; · Level 3 - inputs to the valuation methodology are unobservable and significant to the fair value measurement.

Prepaid Expenses Disclosure_ Sc

Prepaid Expenses Disclosure: Schedule of Prepaid expenses (Tables)	12 Months Ended
	Mar. 31, 2017
Tables/Schedules
Schedule of Prepaid expenses	Year ended March 31, 2017 2016 Prepaid fee $ -- $ 583 Prepaid development costs 16,965 -- $ 16,965 $ 583

Convertible Debts Disclosure_ S

Convertible Debts Disclosure: Schedule of Convertible Debt (Tables)	12 Months Ended
	Mar. 31, 2017
Tables/Schedules
Schedule of Convertible Debt	March 31, 2017 2016 Balance, at beginning of year $ 28,000 $ 4,836 Accrued interest 4,560 -- Converted to additional paid in capital i (31,561) (30,000) Converted to common stock i (999) (40,000) BCF amortization of discount i -- 63,164 Unsecured loans -- 30,000 Debt discount to paid in capital -- -- $ -- $ 28,000

Commitment Disclosure_ Schedule

Commitment Disclosure: Schedule of Consulting Agreement Share Commitment (Tables)	12 Months Ended
	Mar. 31, 2017
Tables/Schedules
Schedule of Consulting Agreement Share Commitment	On Plyzer becoming a fully functional commercial site for consumers 10 million On Plyzer becoming a fully functional commercial site for companies 5 million On enrolment of first 100,000 users/month 5 Million On achievement of first $50,000 in revenue 5 Million

Related Party Transactions Di29

Related Party Transactions Disclosure: Schedule of Advances from Stockholder (Tables)	12 Months Ended
	Mar. 31, 2017
Tables/Schedules
Schedule of Advances from Stockholder	March 31, 2017 2016 Balance, beginning of year $ -- $ 344,145 Funds advanced (net) 74,631 174 Fee payable transferred from accounts payable -- 6,000 Exchange difference -- (30,510) Debt assumed by CEO -- (319,809) Balance, end of year $ 74,631 $ --

Related Party Transactions Di30

Related Party Transactions Disclosure: Schedule of Consulting Fees from Related Parties (Tables)	12 Months Ended
	Mar. 31, 2017
Tables/Schedules
Schedule of Consulting Fees from Related Parties	Year ended March 31, 2017 2016 Fee charged by the CEO $ 25,000 $ 25,000 Fee charged by a consultant holding over 10% equity interest in the Company -- $ (3,745) $ 25,000 $ 21,255

Income Taxes Disclosure_ Schedu

Income Taxes Disclosure: Schedule of Deferred Tax Assets and Liabilities (Tables)	12 Months Ended
	Mar. 31, 2017
Tables/Schedules
Schedule of Deferred Tax Assets and Liabilities	2017 2016 Net operating loss carryover $ (502,000) $ (477,600) Valuation allowance 502,000 477,600 Net provision for federal income taxes $ -- $ --

Income Taxes Disclosure_ Sche32

Income Taxes Disclosure: Schedule of Effective Income Tax Rate Reconciliation (Tables)	12 Months Ended
	Mar. 31, 2017
Tables/Schedules
Schedule of Effective Income Tax Rate Reconciliation	2017 2016 Income tax (recoverable) payable at statutory rate $ (24,450) $ (95,355) Valuation allowance 24,450 95,355 Net provision for federal income taxes $ -- $ --

Going Concern (Details)

Going Concern (Details) - USD ($)	Mar. 31, 2017	Mar. 31, 2016
Details
Accumulated deficit	$ 3,316,257	$ 3,246,400

Prepaid Expenses Disclosure_ 34

Prepaid Expenses Disclosure: Schedule of Prepaid expenses (Details) - USD ($)	Mar. 31, 2017	Mar. 31, 2016
Prepaid expenses	$ 16,965	$ 583
Prepaid fee
Prepaid expenses		$ 583
Prepaid development costs
Prepaid expenses	$ 16,965

Convertible Debts Disclosure_35

Convertible Debts Disclosure: Schedule of Convertible Debt (Details) - USD ($)	Mar. 31, 2017	Mar. 31, 2016	Mar. 31, 2015
Convertible debt, net		$ 28,000	$ 4,836
Accrued interest on convertible debt
Convertible debts, gross	$ 4,560
Converted to additional paid-in capital
Convertible debts, gross	(31,561)	(30,000)
Converted to common stock
Convertible debts, gross	$ (999)	(40,000)
BCF amortization of discount
Convertible debts, gross		63,164
Unsecured loans
Convertible debts, gross		$ 30,000

Common Stock Disclosure (Detail

Common Stock Disclosure (Details) - USD ($)	12 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Value of common stock issued for services	$ 7,000
Cost of common stock issued for settlement of debts	$ 32,560	$ 41,590
Common stock authorized for issuance	200,000,000	200,000,000
Common stock par value	$ 0.001	$ 0.001
Fees settled in shares
Common stock issued for services	100,000
Value of common stock issued for services	$ 7,000
Lupama Consulting Agreement
Restricted common shares issued, bonus, not yet vested	5,000,000
Value of restricted common share bonus	$ 350,000
Settlement of unsecured debts
Common stock issued for settlement of debts		11,770,452
Cost of common stock issued for settlement of debts		$ 823,933
Cancellation of previously issued shares
Cancellation of common stock		5,000,000

Related Party Transactions Di37

Related Party Transactions Disclosure: Schedule of Advances from Stockholder (Details) - USD ($)	Mar. 31, 2017	Mar. 31, 2015
Due to related party	$ 74,631
Advances from shareholder
Due to related party		$ 344,145
Advances from a director
Due to related party	$ 74,631

Related Party Transactions Di38

Related Party Transactions Disclosure: Schedule of Consulting Fees from Related Parties (Details) - USD ($)	12 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Consulting fees - related parties	$ 25,000	$ 21,255
Fee Charged by the CEO
Consulting fees - related parties	$ 25,000	25,000
Fee charged by a consultant holding over 10% equity interest
Consulting fees - related parties		$ (3,745)

Related Party Transactions Di39

Related Party Transactions Disclosure (Details)	12 Months Ended
	Mar. 31, 2016USD ($)
Travel, meals and promotions	$ 11,155
Paid by the CEO and Consultant
Travel, meals and promotions	$ 5,000

Income Taxes Disclosure_ Sche40

Income Taxes Disclosure: Schedule of Deferred Tax Assets and Liabilities (Details) - USD ($)	Mar. 31, 2017	Mar. 31, 2016
Details
Deferred Tax Assets, Operating Loss Carryforwards	$ (502,000)	$ (477,600)
Valuation allowance - deferred tax assets	$ 502,000	$ 477,600

Income Taxes Disclosure_ Sche41

Income Taxes Disclosure: Schedule of Effective Income Tax Rate Reconciliation (Details) - USD ($)	12 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Details
Income tax (recoverable) payable at statutory rate	$ (24,450)	$ (95,355)
Valuation allowance - income tax reconciliation	$ 24,450	$ 95,355

Income Taxes Disclosure (Detail

Income Taxes Disclosure (Details) - USD ($) $ in Millions	Mar. 31, 2017	Mar. 31, 2016
Details
Net tax loss carried forward	$ 1.4	$ 1.4

Subsequent Events (Details)

Subsequent Events (Details) - USD ($)	3 Months Ended	12 Months Ended
	Jun. 29, 2017	Mar. 31, 2016
Proceeds from convertible loan		$ 30,000
Convertible debt financing from two independent entities
Proceeds from convertible loan	$ 88,000