Plyzer (PLYZ) 10-K 2 Aug 19 2019 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Mar. 31, 2019	Jul. 29, 2019	Sep. 30, 2018
Details
Registrant CIK	0001334589
Fiscal Year End	--03-31
Registrant Name	Plyzer Technologies Inc.
SEC Form	10-K
Period End date	Mar. 31, 2019
Number of common stock shares outstanding		88,367,838
Public Float			$ 4,164,995
Filer Category	Non-accelerated Filer
Current with reporting	Yes
Interactive Data Current	Yes
Voluntary filer	No
Well-known Seasoned Issuer	No
Shell Company	false
Small Business	true
Emerging Growth Company	false
Amendment Flag	false
Document Fiscal Year Focus	2019
Document Fiscal Period Focus	FY
Document Annual Report	true
Document Transition Report	false
Entity File Number	333-127389
Entity Incorporation, State or Country Code	NV

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($)	Mar. 31, 2019	Mar. 31, 2018
CURRENT ASSETS
Cash	$ 183,439	$ 261,575
Prepaid expenses and deposits	20,887	16,287
Total Current Assets	204,326	277,862
Furniture and equipment, net	2,615	5,229
Total Assets	206,941	283,091
CURRENT LIABILITIES
Accounts payable and accrued liabilities	47,989	148,606
Advances from director and stockholder	264,733	195,099
Convertible debts, net of debt discount	306,648	121,827
Derivative liabilities	2,110,425	933,198
Total Current Liabilities	2,729,795	1,398,730
Total Liabilities	2,729,795	1,398,730
STOCKHOLDERS' EQUITY (DEFICIT)
Common stock, $0.001 par value, authorized 200,000,000 shares; 84,330,955 and 43,183,271 shares issued and outstanding at March 31, 2019 and 2018 respectively	84,330	43,183
Common stock subscribed	300	0
Additional paid-in capital	28,015,297	3,901,238
Accumulated other comprehensive income	67,653	65,353
Accumulated deficit	(30,690,434)	(5,125,413)
Total Stockholders' Deficit	(2,522,854)	(1,115,639)
Total Liabilities and Stockholders' Deficit	$ 206,941	$ 283,091

Consolidated Balance Sheets - P

Consolidated Balance Sheets - Parenthetical - $ / shares	Mar. 31, 2019	Mar. 31, 2018
Details
Common Stock, Par or Stated Value Per Share	$ 0.001	$ 0.001
Common Stock, Shares Authorized	200,000,000	200,000,000
Common Stock, Shares, Issued	84,330,955	43,183,271
Common Stock, Shares, Outstanding	84,330,955	43,183,271

Statements of Consolidated Oper

Statements of Consolidated Operations and Comprehensive Loss - USD ($)	12 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Details
REVENUES	$ 0	$ 0
OPERATING EXPENSES:
Development costs	22,679,546	697,059
General and administrative expenses	83,571	47,652
Professional fees	242,960	112,820
Consulting fees	109,913	65,510
Travel, meals and promotions	41,076	43,716
Total expenses	23,157,066	966,757
Loss from operations	(23,157,066)	(966,757)
Premium on early settlement of convertible loans	(190,579)	0
Gain on cancellation of debts	68,761	0
Derivative loss	(708,703)	(481,842)
Interest and amortization of debt discount	(1,577,434)	(360,557)
Net income (loss)	(25,565,021)	(1,809,156)
Other comprehensive (loss) gain	2,300	(4,075)
Comprehensive (loss)	$ (25,562,721)	$ (1,813,231)
Net loss per share, basic and dilutive	$ (0.37)	$ (0.05)
Number of weighted average common shares outstanding	68,485,396	39,227,665

Statement of Consolidated Stock

Statement of Consolidated Stockholders' Equity (Deficit) - USD ($)	Common Stock	Deferred Compensation, Share-based Payments	Additional Paid-in Capital	Retained Earnings	AOCI Including Portion Attributable to Noncontrolling Interest	Total
Equity Balance at Mar. 31, 2017	$ 34,616	$ 0	$ 3,069,094	$ (3,316,257)	$ 69,428	$ (143,119)
Equity Balance, Shares at Mar. 31, 2017	34,616,476
Share issued under private placement	$ 5,900	0	289,100			$ 295,000
Share issued under private placement	5,900,000					5,900,000
Shares issued on conversion of debt and interest	$ 2,667		226,469			$ 229,136
Shares issued on conversion of debt and interest	2,666,795					2,666,795
Derivative liabilities reclassified as additional paid in capital due to conversion of notes			316,575			$ 316,575
Warrants exercised, shares issued						0
Translation differences	$ 0	0	0	0	(4,075)	(4,075)
Net income (loss)				(1,809,156)		(1,809,156)
Equity Balance, Shares at Mar. 31, 2018	43,183,271
Equity Balance at Mar. 31, 2018	$ 43,183	0	3,901,238	(5,125,413)	65,353	(1,115,639)
Share issued under private placement	$ 900	300	343,800	0	0	$ 345,000
Share issued under private placement	900,000					900,000
Shares issued on conversion of debt and interest	$ 4,404	0	834,293	0	0	$ 838,697
Shares issued on conversion of debt and interest	4,404,350					4,404,350
Derivative liabilities reclassified as additional paid in capital due to conversion of notes	$ 0	0	1,571,869	0	0	$ 1,571,869
Warrants exercised, shares issued	$ 34,000	0	51,000	0	0	85,000
Warrants exercised, shares issued	34,000,000
Warrants issued for services	$ 0		20,485,440	0	0	20,485,440
Shares issued for services provided	$ 1,843	0	827,657	0	0	829,500
Shares issued for services provided	1,843,334
Translation differences	$ 0	0	0	0	2,300	2,300
Net income (loss)	$ 0	0	0	(25,565,021)	0	(25,565,021)
Equity Balance, Shares at Mar. 31, 2019	84,330,955
Equity Balance at Mar. 31, 2019	$ 84,330	$ 300	$ 28,015,297	$ (30,690,434)	$ 67,653	$ (2,522,854)

Statements of Consolidated Cash

Statements of Consolidated Cash Flows - USD ($)	12 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income (loss)	$ (25,565,021)	$ (1,809,156)
Adjustments to reconcile net loss to net cash used by operating activities:
Stock compensation	21,399,940	0
Interest and fees settled in shares	52,864	12,229
Gain on cancellation of debts	(68,761)	0
Depreciation	2,614	2,614
Derivative loss	708,703	481,842
Amortization	1,558,644	334,915
Changes in operating assets and liabilities
(Increase) decrease in prepaid expenses and deposit	(4,600)	678
Increase (decrease) in accounts payable and accrued liabilities	(100,617)	62,954
Net cash generated (used) by operating activities	(2,016,234)	(913,924)
CASH FLOWS FROM (INTO) INVESTING ACTIVITIES
Purchase of furniture and equipment	0	(7,843)
Net cash (used in) investing activities	0	(7,843)
CASH FLOWS FROM FINANCING ACTIVITIES:
Net advances from director and stockholder	69,634	120,468
Proceeds from shares subscribed	75,000	0
Proceeds from shares issued	270,000	295,000
Payments for settlement of convertible loans	(519,436)	0
Proceeds from convertible loans	2,040,600	771,750
Net cash provided by financing activities	1,935,798	1,187,218
Effects of exchange rates on cash	2,300	(4,075)
Net (decrease) increase in cash	(78,136)	261,376
Cash, beginning of period	261,575	199
Cash, end of period	183,439	261,575
SUPPLEMENTAL DISCLOSURES
Income taxes	0	0
Interest paid	33,034	0
Non-Cash Investing and Financing Activities:
Shares issued on conversion of debt and interest	838,697	229,136
Derivative liabilities reclassified as additional paid in capital due to conversion of notes	1,571,869	316,575
Warrants exercised, shares issued	$ 85,000	$ 0

BUSINESS DESCRIPTION AND SUMMAR

BUSINESS DESCRIPTION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
	Mar. 31, 2019
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, and through its subsidiaries, is a provider of custom, real-time, cloud-based business intelligence solutions for brands to analyze critical online price and market data. (B) Basis of Presentation The audited consolidated financial statements for the year ended March 31, 2019 include the accounts of Plyzer Technologies Inc. and the following wholly owned subsidiaries and are presented in accordance with accounting principles generally accepted in the United States (“GAAP”), and are expressed in U.S. dollars: a. Plyzer Corporation, incorporated in the State of Delaware on December 9, 2016. b. Plyzer Technologies (Canada) Inc., incorporated in Ontario, Canada on April 11, 2017. c. Plyzer Blockchain Technologies Inc., incorporated in Ontario, Canada on November 3, 2017. This subsidiary has not yet commenced any operations. All material intercompany accounts and transactions have been eliminated in consolidation. (C) Use of Estimates The financial statements have been prepared in conformity with 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) Significant Accounting Policies Technology and Content Technology and content costs include charges from third party contractors involved in the research and development of new and existing products and services, development, design, and maintenance of our websites, curation and display of services made available on our websites, and infrastructure costs. Infrastructure costs include servers, networking equipment, rent, utilities, and other expenses necessary to support wideband system. Collectively, these costs reflect the investments we make in order to offer a wide variety of products and services to our customers. Technology and content costs are expensed as incurred. 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. For the fiscal year 2019, the average exchange rate for the year was CDN$1= US$0.76 (for the fiscal year 2018: CDN$1=US$0.78) and exchange rate as at March 31, 2019 was CDN$1 = US$0.75 (March 31, 2018 was CDN$1 = US$0.78). Transaction gains and losses are recorded in the earnings in the period of settlement. Basic and Diluted Loss Per Share In accordance with ASC Topic 280 - "Earnings Per Share," the basic loss per common share is computed by dividing net loss available to common stockholders by the weighted average number of common stock outstanding. Diluted loss per common share is computed similar to basic loss per common share except that the denominator is increased to include the number of additional shares of common stock that would have been outstanding if the potential common stock had been issued and if the additional shares of common stock were dilutive. Potential common stock consists of the incremental common stock issuable upon the exercise of common stock warrants (using the if-converted method). The computation of basic loss per share for the year ended March 31, 2019 excludes potentially dilutive securities of 19,762,867 shares underlying share purchase warrants and convertible notes, because their inclusion would be antidilutive. As a result, the computations of net loss per share for each period presented is the same for both basic and fully diluted. Potentially dilutive securities outlined in the table below have been excluded from the computation of diluted net loss per share because the effect of their inclusion would have been anti-dilutive. March 31, 2019 March31, 2018 Stock purchase warrants 6,800,000 5,900,000 Convertible notes 12,962,867 2,145,573 Total 19,762,867 8,045,573 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, 2019, and 2018, the Company had no cash equivalents. Furniture and Equipment Furniture and equipment items are stated at cost and depreciated to their estimated residual value over their estimated useful lives, which are presently considered to be three years. When assets are retired or otherwise disposed of, the assets and related accumulated depreciation are relieved from the accounts and the resulting gains or losses are included in the Statements of Operations. Repairs and maintenance costs are expensed as incurred. Depreciation is provided using the straight-line method. Convertible Debts and Derivative Liability Convertible loan notes issued by the Company have embedded conversion features where principal liability and accrued interest are convertible, at the option of the loan holder, into common shares of the Company, at a price, based on the quoted market price of the Company’s common shares on the date of conversion discounted at an agreed percentage. The derivative liability is segregated and initially carried at fair value and subsequently remeasured on each reporting date at their fair value. The difference is taken to income as derivative gains or losses. The debt discount is amortized over the period of the loan and charged to interest expense. Loans are stated at net of amortized debt discount amount. 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. 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. 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 820, “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 Level 2 Level 3 The following table provides a summary of the fair value of our derivative liabilities as of March 31, 2019 and March 31, 2018: Fair value measurements on a recurring basis Level 1 Level 2 Level 3 As of March 31, 2019: Liabilities Derivative liabilities $ -- $ -- $ 2,110,425 As of March 31, 2018: Liabilities Derivative liabilities $ -- $ -- $ 933,198

GOING CONCERN DISCLOSURE

GOING CONCERN DISCLOSURE	12 Months Ended
	Mar. 31, 2019
Notes
GOING CONCERN DISCLOSURE	NOTE 2 - GOING CONCERN The Company’s 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 management believes that the beta testing has been successfully completed for the Company’s three projects namely, Plyzer.com, Plyzer Intelligence and CA.NNABIS. These projects are expected to begin generating revenues during the forthcoming fiscal year. However, revenue that may be expected in the next twelve months may not be sufficient to cover its development and operating costs and this raises 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. While the Company has so far been successful in raising the required capital through debt and equity financing, management cannot provide any assurances that the Company will continue to be able to raise the funding required to complete its development work and commercial launch of the portal successfully in future. 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, 2019, the Company has an accumulated deficit amount of 30,690,434.

RECENT ACCOUNTING PRONOUNCEMENT

RECENT ACCOUNTING PRONOUNCEMENTS DISCLOSURE	12 Months Ended
	Mar. 31, 2019
Notes
RECENT ACCOUNTING PRONOUNCEMENTS DISCLOSURE	NOTE 3 - RECENT ACCOUNTING PRONOUNCEMENTS 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. In June 2016, the FASB issued ASU 2016-13, "Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial instruments." The amendments in this update change how companies measure and recognize credit impairment for many financial assets. The new expected credit loss model will require companies to immediately recognize an estimate of credit losses expected to occur over the remaining life of the financial assets (including trade receivables) that are in the scope of the update. The update also made amendments to the current impairment model for held-to-maturity and available-for-sale debt securities and certain guarantees. The guidance will become effective for us on April 1, 2020. Early adoption is permitted for periods beginning on or after April 1, 2019. We are evaluating the effect of ASU 2016-13 on our consolidated financial statements. In January 2017, the Financial Accounting Standards Board ("FASB") issued ASU No. 2017-01, “Business Combinations (Topic 805): Clarifying the Definition of a Business”, and ASU No. 2017-04, “Intangibles- Goodwill and Other (Topic 350) - Simplifying the Test for Goodwill Impairment”. ASU No. 2017-01 clarifies the definition of a business with the objective of adding guidance to assist entities with evaluating whether transactions should be accounted for as acquisitions (or disposals) of assets or businesses. The definition of a business affects many areas of accounting including acquisitions, disposals, goodwill, and consolidation. The guidance is effective for annual periods beginning after December 15, 2017, including interim periods within those periods. ASU No. 2017-04 eliminates Step 2 of the goodwill impairment test and requires a goodwill impairment to be measured as the amount by which a reporting unit’s carrying amount exceeds its fair value, not to exceed the carrying amount of its goodwill. The ASU is effective for annual or any interim goodwill impairment tests in fiscal years beginning after December 15, 2019. We do not believe the adoption of this guidance will have a material impact on our consolidated financial statements. In February 2018, the FASB issued ASU No. 2018-02, “Income Statement-Reporting Comprehensive Income (Topic 220).” ASU 2018-02 addresses the effect of the change in the U.S. federal corporate tax rate on items within accumulated other comprehensive income or loss due to the enactment of the Tax Act on December 22, 2017. The new standard is effective for annual periods, and for interim periods within those annual periods, beginning after December 15, 2018, with early adoption permitted. We do not believe the adoption of this guidance will have a material impact on our consolidated financial statements. In June 2018, the FASB issued authoritative guidance regarding Compensation - Stock Compensation, which expands the scope of ASC Topic 718 to include share-based payment transactions for acquiring goods and services from non-employees. The standard will be effective for the Company for its fiscal year beginning April 1, 2019, including interim periods within that fiscal year, with early adoption permitted. The Company expects no material impact on its results of operations or cash flows in the periods after adoption. In August 2018, the FASB issued authoritative guidance regarding Fair Value Measurement: Disclosure Framework, which eliminates, adds and modifies certain disclosure requirements for fair value measurements. The standard will be effective for the Company for its fiscal year beginning April 1, 2020, including interim periods within that fiscal year, with early adoption permitted. The Company expects no material impact on its results of operations or cash flows in the periods after adoption. In August 2018, the FASB issued authoritative guidance regarding Intangibles - Goodwill and Other - Internal-Use Software, which aligns the requirements for a customer to capitalize implementation costs incurred in a hosting arrangement that is a service contract with the requirements for capitalizing implementation costs incurred to develop or obtain internal-use software. The standard will be effective for the Company for its fiscal year beginning April 1, 2020, including interim periods within that fiscal year, with early adoption permitted. The Company is currently evaluating the guidance and assessing its overall impact. 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 AND DEPOSIT DI

PREPAID EXPENSES AND DEPOSIT DISCLOSURE	12 Months Ended
	Mar. 31, 2019
Notes
PREPAID EXPENSES AND DEPOSIT DISCLOSURE	NOTE 4 - PREPAID EXPENSES AND DEPOSIT March 31, 2019 2018 Prepaid development cost $ - $ 9,000 Deposits i 6,381 3,086 Taxes receivable ii 7,903 4,046 Prepaid cost 6,603 155 $ 20,887 $ 16,287 i. Deposits included rent deposit of $2,960 is for leasing of the Toronto office and deposit of $3,421(€3,000) held in Spain as required under the Spanish laws to incorporate a new subsidiary, Plyzer Technologies Spain s.l. The subsidiary was incorporated in April 2019. ii. Taxes receivable is harmonized sales tax paid in Canada for which a tax credit is receivable in cash.

CONVERTIBLE DEBTS DISCLOSURE

CONVERTIBLE DEBTS DISCLOSURE	12 Months Ended
	Mar. 31, 2019
Notes
CONVERTIBLE DEBTS DISCLOSURE	NOTE 5 - CONVERTIBLE DEBTS March 31, 2019 2018 Principal balance, at beginning of year $ 542,614 $ - Accrued interest and fees 52,864 - Converted to additional paid in capital (834,293) (226,469) Converted to common stock (4,404) (2,667) Convertible notes settled in cash i (519,436) - Convertible notes issued ii 2,040,600 771,750 Unamortized debt discount (971,297) (420,787) Balance, net of debt discount, at end of year $ 306,648 $ 121,827 i. During the year ended March 31, 2019, the Company paid off eleven loans in cash for a total amount of $743,049 made up of: For the year ended March 31, 2019 2018 Principal amount of loan $ 519,436 $ - Premium on early settlement 190,579 - Accrued interest 33,034 - $ 743,049 $ - ii. During the year ended March 31, 2019, the Company entered into convertible notes agreements with independent lenders totaling to $2,040,600. The following is a summary of the main terms of these agreements: Year ended March 31 2019 2018 Number of new loan notes issued 32 17 Total amount of the loans $2,040,600 $771,750 Interest rates from 8% to 12% from 5% to 12% Period of loans six months to one year four months to one year Conversion terms The conversion price is a variable conversion price which varies from 58% to 61% of the market price. Market price is either the average of the lowest two trading prices or the lowest price during 10 to 20 trading days prior to the conversion date. The conversion price is a variable conversion price which varies from 60% to 61% of the market price. Market price is either the average of the lowest two trading prices or the lowest price during 10 to 25 trading days prior to the conversion date. Prepayment terms Prepayment at premium ranging from 110% to 150% of the loan note if prepaid within 60 days and after 120 days but before 180 days respectively. Prepayments are usually not allowed after 180 days Prepayment at premium ranging from 110% to 150% of the loan note if prepaid within 60 days and after 120 days but before 180 days respectively. Prepayments are usually not allowed after 180 days One loan with a balance of $8,750 was due on March 15, 2019 but remained unpaid on that date. The terms of the loan agreement provides that on default the loan is immediately payable at 150% of the outstanding amount.

Derivative Liabilities Disclosu

Derivative Liabilities Disclosure	12 Months Ended
	Mar. 31, 2019
Notes
Derivative Liabilities Disclosure	NOTE 6 - DERIVATIVE LIABILITIES March 31, 2019 2018 Balance, at beginning of year $ 933,198 $ - Derivative additions associated with convertible notes on issuance 2,040,393 767,931 Day one loss on derivatives 539,087 665,475 Change in fair value as at year end 169,818 (183,633) Value transferred to paid in capital on conversion of convertible notes (1,571,869) (316,575) Balance, at end of year $ 2,110,425 $ 933,198 Since the convertible loan notes issued during the year have a beneficial conversion feature which is contingent upon future market prices, they did not meet the conditions necessary for equity classification and as a result, the imbedded conversion feature is considered a derivative liability. The fair value of the derivative relating to the convertible loans notes outstanding at March 31, 2019 was calculated on the issue date and subsequently remeasured on March 31, 2019 using the Black-Scholes valuation technique, using the following assumptions: Year ended March 31, 2019 2018 Issue date March 31, 2019 Issue date March 31, 2018 Expected dividend nil nil nil nil Risk free interest rate 2.96% 2.96% 1% 1% Expected volatility 102% -167% 120% 15.17% - 234.52% 214.19% Expected term 91 days -365 days 66 days - 361 days 283 days-638 days 142 days- 587 days

COMMON STOCK DISCLOSURE

COMMON STOCK DISCLOSURE	12 Months Ended
	Mar. 31, 2019
Notes
COMMON STOCK DISCLOSURE	NOTE 7 - COMMON STOCK (i) COMMON STOCK ISSUED AND OUTSTANDING Fiscal year 2019 a. On August 10, 2018, Lupama exercised 29,843,335 warrants to convert into equal number of shares at an exercise price of $.0025 for a total of $74,608 ,On September 6, 2018, Lupama exercised an additional 156,665 warrants to convert into an equal number of shares at an exercise price of $.0025 for a total of $392, and on October 2, 2018, Lupama exercised 4,000,000 warrants to convert into equal number of shares at an exercise price of $.0025 for a total of $10,000. Exercise of warrants was off set against amounts payable to Lupama in lieu of cash payment. b. On September 6, 2018, Lupama was issued 843,335 shares and on September 27, issued further 999,999 shares. These shares were valued at $0.45 per share, being the market price prevailing on the dates of their issues for a total of $829,500. c. During the year ended March 31, 2019 forty-three convertible notes plus accrued interest were converted into 4,404,350 shares for a total value of $838,697. d. During the year ended March 31, 2019, the Company raised $345,000 under a private placement, of which $270,000 were subscribed by four subscribers who were issued 900,000 shares at an average price of $0.30 per share while the balance $75,000 were subscribed by two other subscribers at an average price of $0.25 per share who were issued 300,000 shares after March 31, 2019 (See Note 7(ii)) Fiscal Year 2018 On May 2, 2017, the Company initiated a private placement of up to 10 million Units at a price of $0.05 per Unit. Each Unit consisted of one common share and one warrant. The warrant is convertible into one share at an exercise price of $0.20 per share and is valid for two years. During the year to March 31, 2018, the Company issued 5,900,000 Units for net proceeds of $295,000. During the year to March 31, 2018, six convertible notes plus accrued interest were converted into 2,666,795 shares for total value of $229,136. At March 31, 2019 and March 31, 2018, the Company had 200,000,000 common shares of par value $0.001 common stock authorized. (ii) COMMON STOCK SUBSCRIBED On December 1, 2018, the Company initiated a private placement of up to 6 million units at a price of $.30 per Unit. Each Unit consisted of one common share and one warrant convertible into one common share at a conversion price of $.50 per share. Unit price was subsequently revised to $0.25 per Unit. 900,000 shares were issued before March 31, 2019 against the subscriptions received of $270,000 from four subscribers (see Note 7(i). Two other subscribers subscribed to 300,000 shares for a total subscription price of $75,000 at $0.25 per share. The shares were not issued until after March 31, 2019.

WARRANTS DISCLOSURE

WARRANTS DISCLOSURE	12 Months Ended
	Mar. 31, 2019
Notes
WARRANTS DISCLOSURE	NOTE 8 - WARRANTS In May 2017, the Company issued 5.9 million warrants in connection with a private placement. The relative fair value of the 5.9 million warrants issued was estimated at $145,782 using the Black-Scholes valuation technique. The value of warrants has been included in the paid in capital. Warrants are convertible into equal number of shares and are exercisable at $0.20 per share. Warrants are valid for 2 years from the issued date subject to the closing price of the common shares of Plyzer Technologies on OTC Markets or any other stock exchange where such shares trade is equal to or exceeds $0.50 after six (6) months for twenty (20) consecutive trading days, then the expiry date for the $0.20 warrants shall automatically accelerate to the date which is 30 days following the date of a press release announcing the accelerated expiration date. On August 1, 2018 and October 1, 2018, the Company issued 30 million warrants and 4 million warrants respectively, to Lupama for services provided in connection with the development of Plyzer projects. These warrants vested immediately on issuance and were valid for three years and convertible into equal number of common shares at an exercise price of $0.0025 per share. The fair value of the 34 million warrants issued was estimated at $20,485,440 using the Black-Scholes valuation technique. The value of warrants has been included in the paid in capital and charged to expenses as stock compensation. All warrants were exercised as explained in Note 7 (i) (a). The following assumptions were used in the valuation of these warrants: Relating to warrants issued on August 1, 2018 October 1, 2018 Expected dividend nil nil Risk free interest rate 3% 3% Expected volatility 138.56% 142.85% Expected term 3 years 3 years On January 15, 2019, the Company issued 900,000 warrants in connection with the private placement as explained in Note 7 (ii). The relative fair value of the 900,000 warrants issued was estimated at $171,000 using the Black-Scholes valuation technique. The value of warrants has been included in the paid in capital. The following assumptions were used in the valuation of these warrants: Expected dividend nil Risk free interest rate 3% Expected volatility 105% Expected term 2 years The warrant activity during the year ended March 31, 2019 and 2018 were as follows: Year ended March 31, 2019 2018 No. of Warrants Weighted average exercise price No. of Warrants Weighted average exercise price Outstanding - beginning of year 5,900,000 $ 0.20 - $ - Issued 34,900,000 $ 0.20 5,900,000 $ 0.20 Exercised (34,000,000) $ (0.0025) - $ - Outstanding - end of year 6,800,000 $0.24 5,900,000 $ 0.20 The aforementioned warrants have an average remaining contractual life of approximately 0.57 year as at March 31, 2019 (1.4 year as at March 31, 2018). As explained in Note 7(ii), the Company received subscriptions for 300,000 Units under a private placement. 300,000 warrants relating to these subscriptions were issued in April 2019.

RELATED PARTY TRANSACTIONS DISC

RELATED PARTY TRANSACTIONS DISCLOSURE	12 Months Ended
	Mar. 31, 2019
Notes
RELATED PARTY TRANSACTIONS DISCLOSURE	NOTE 9 - RELATED PARTY TRANSACTIONS ADVANCES FROM DIRECTOR AND SHAREHOLDER Year ended March 31, 2019 2018 Balance, beginning of year $ 195,099 $ 74,631 Funds advanced (net) 69,634 120,468 Balance, end of year $ 264,733 $ 195,099 Funds were advanced from time to time by Mr. Terence Robinson, the CEO and the sole director and a shareholder, Current Capital Corp., which is wholly owned by a brother of the Company’s CEO. CONSULTING FEES Consulting fee includes fee charged by the CEO of $36,000 for the fiscal year 2019. (Fiscal year 2018: $36,000). DEVELOPMENT COSTS Development costs include fees of $2,091,338 (Fiscal year 2018: $617,432) charged by Lupama, a company controlled by the CEO of one of the Company’s subsidiaries. Lupama was issued 34 million warrants valued at $20,485,440 as explained in Note 8, which were fully exercised into equal number of restricted common shares and was also issued 1,843,334 restricted shares valued at $829,500 for services provided during the year ended March 31, 2019. TRAVEL, MEALS AND PROMOTIONS Travel and meals costs of $41,076 were charged by the CEO during the fiscal year 2019. (Fiscal year 2018: $43,716). PAYABLES AND ACCRUALS Includes $nil due to CEO as at March 31, 2019. (As at March 31, 2018: $55,807)

INCOME TAXES DISCLOSURE

INCOME TAXES DISCLOSURE	12 Months Ended
	Mar. 31, 2019
Notes
INCOME TAXES DISCLOSURE	NOTE 10 - 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, 2019, and 2018, respectively, the Company produced net operating losses before provision for income taxes of approximately $2.8 million and $980,000 respectively; accordingly, a provision for income taxes of $0 was recorded during the year ended March 31, 2019 and 2018. The components of the Company’s deferred tax assets as of March 31, 2019 and 2018 are as follows: March 31, 2019 2018 Net operating loss carryover $ (1,292,144) $ (708,507) Valuation allowance 1,292,144 708,507 Net provision for federal income taxes $ - $ - The Company’s effective income tax rate of 0.0% differs from the statutory rate of 21% (Fiscal 2018:21%) for the reason set forth below for the years ended March 31: Year ended March 31, 2019 2018 Income tax (recoverable) payable at statutory rate $ (5,368,654) $ (633,205) Derivative loss 148,828 168,645 Amortization of debt discount 327,315 117,220 Interest settled in shares 11,101 4,280 Stock compensation 4,301,942 - Effect of rate changes on deferred tax assets and valuation allowance - 138,936 Valuation allowance 579,468 204,124 Net provision for federal income taxes $ - $ - As at the year-end the Company had an approximate net tax loss carried forward of $5.24 million (2018: $2.4 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. On December 22, 2017, the U.S. enacted the Tax Cuts and Jobs Act (the “Tax Act”), which significantly changed U.S. tax law. The Act changed the rules on net operating loss carry forwards. The 20-year limitation was eliminated for losses incurred after January 1, 2018, giving the taxpayer the ability to carry forward losses indefinitely. However, net operating loss carry forwards arising after January 1, 2018 will now be limited to 80 percent of taxable income. 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, 2019 and 2018. The Company’s subsidiary in Canada is subject to Canadian Federal and Provincial taxes. There is however no tax liability due to losses. At the year end, the Company had approximately net tax losses carried forward of approximately $43,000 (2018: $8,000), which have been fully offset by valuation allowance of the same amount, as their realization is determined not likely to occur.

SUBSEQUENT EVENTS DISCLOSURE

SUBSEQUENT EVENTS DISCLOSURE	12 Months Ended
	Mar. 31, 2019
Notes
SUBSEQUENT EVENTS DISCLOSURE	NOTE 11 - SUBSEQUENT EVENTS The Company has evaluated subsequent events for the period from March 31, 2019 through the date of these financial statements were issued, and has determined there have been no subsequent events for which disclosure is required, other than as disclosed below: 1. The Company raised $963,135 subsequent to the balance sheet date by way of convertible debt financing from ten 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%. It also raised $510,000 in equity financing through private placement at $0.20 to $0.25 per share. 2. The Company issued total of 4,036,883 shares between April 1, 2019 and July 29, 2019 of which 1,496,883 shares were issued in settlement of convertible loan notes, 2,040,000 shares were issued in an equity financing through private placement and 500,000 shares were issued to a consultant for services provided. 3. In April 2019, the Company incorporated a wholly owned subsidiary, Plyzer Technologies Spain s.l.. in Spain. Development consulting contract with Lupama was terminated and all development and commercialization work will be carried out in house at this subsidiary. 4. In June 2019, the Company incorporated another wholly owned subsidiary, PlyzerCan Intelligence Ltd., in Ontario, Canada 5. On July 7, 2019, the Company increased its authorized capital to 300 million common shares with $0.001 par value from 200 million common shares with $0.001 par value.

BUSINESS DESCRIPTION AND SUMM_2

BUSINESS DESCRIPTION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: Basis of Accounting, Policy (Policies)	12 Months Ended
	Mar. 31, 2019
Policies
Basis of Accounting, Policy	The audited consolidated financial statements for the year ended March 31, 2019 include the accounts of Plyzer Technologies Inc. and the following wholly owned subsidiaries and are presented in accordance with accounting principles generally accepted in the United States (“GAAP”), and are expressed in U.S. dollars: a. Plyzer Corporation, incorporated in the State of Delaware on December 9, 2016. b. Plyzer Technologies (Canada) Inc., incorporated in Ontario, Canada on April 11, 2017. c. Plyzer Blockchain Technologies Inc., incorporated in Ontario, Canada on November 3, 2017. This subsidiary has not yet commenced any operations. All material intercompany accounts and transactions have been eliminated in consolidation.

BUSINESS DESCRIPTION AND SUMM_3

BUSINESS DESCRIPTION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: Use of Estimates, Policy (Policies)	12 Months Ended
	Mar. 31, 2019
Policies
Use of Estimates, Policy	The financial statements have been prepared in conformity with 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 SUMM_4

BUSINESS DESCRIPTION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: Technology and Content, Policy (Policies)	12 Months Ended
	Mar. 31, 2019
Policies
Technology and Content, Policy	Technology and Content Technology and content costs include charges from third party contractors involved in the research and development of new and existing products and services, development, design, and maintenance of our websites, curation and display of services made available on our websites, and infrastructure costs. Infrastructure costs include servers, networking equipment, rent, utilities, and other expenses necessary to support wideband system. Collectively, these costs reflect the investments we make in order to offer a wide variety of products and services to our customers. Technology and content costs are expensed as incurred.

BUSINESS DESCRIPTION AND SUMM_5

BUSINESS DESCRIPTION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: Foreign Currency Translation, Policy (Policies)	12 Months Ended
	Mar. 31, 2019
Policies
Foreign Currency Translation, Policy	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. For the fiscal year 2019, the average exchange rate for the year was CDN$1= US$0.76 (for the fiscal year 2018: CDN$1=US$0.78) and exchange rate as at March 31, 2019 was CDN$1 = US$0.75 (March 31, 2018 was CDN$1 = US$0.78). Transaction gains and losses are recorded in the earnings in the period of settlement.

BUSINESS DESCRIPTION AND SUMM_6

BUSINESS DESCRIPTION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: Earnings Per Share, Policy (Policies)	12 Months Ended
	Mar. 31, 2019
Policies
Earnings Per Share, Policy	Basic and Diluted Loss Per Share In accordance with ASC Topic 280 - "Earnings Per Share," the basic loss per common share is computed by dividing net loss available to common stockholders by the weighted average number of common stock outstanding. Diluted loss per common share is computed similar to basic loss per common share except that the denominator is increased to include the number of additional shares of common stock that would have been outstanding if the potential common stock had been issued and if the additional shares of common stock were dilutive. Potential common stock consists of the incremental common stock issuable upon the exercise of common stock warrants (using the if-converted method). The computation of basic loss per share for the year ended March 31, 2019 excludes potentially dilutive securities of 19,762,867 shares underlying share purchase warrants and convertible notes, because their inclusion would be antidilutive. As a result, the computations of net loss per share for each period presented is the same for both basic and fully diluted. Potentially dilutive securities outlined in the table below have been excluded from the computation of diluted net loss per share because the effect of their inclusion would have been anti-dilutive. March 31, 2019 March31, 2018 Stock purchase warrants 6,800,000 5,900,000 Convertible notes 12,962,867 2,145,573 Total 19,762,867 8,045,573

BUSINESS DESCRIPTION AND SUMM_7

BUSINESS DESCRIPTION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: Cash and Cash Equivalents, Policy (Policies)	12 Months Ended
	Mar. 31, 2019
Policies
Cash and Cash Equivalents, Policy	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, 2019, and 2018, the Company had no cash equivalents.

BUSINESS DESCRIPTION AND SUMM_8

BUSINESS DESCRIPTION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: Furniture and Equipment, Policy (Policies)	12 Months Ended
	Mar. 31, 2019
Policies
Furniture and Equipment, Policy	Furniture and Equipment Furniture and equipment items are stated at cost and depreciated to their estimated residual value over their estimated useful lives, which are presently considered to be three years. When assets are retired or otherwise disposed of, the assets and related accumulated depreciation are relieved from the accounts and the resulting gains or losses are included in the Statements of Operations. Repairs and maintenance costs are expensed as incurred. Depreciation is provided using the straight-line method.

BUSINESS DESCRIPTION AND SUMM_9

BUSINESS DESCRIPTION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: Convertible Debts and Derivative Liability, Policy (Policies)	12 Months Ended
	Mar. 31, 2019
Policies
Convertible Debts and Derivative Liability, Policy	Convertible Debts and Derivative Liability Convertible loan notes issued by the Company have embedded conversion features where principal liability and accrued interest are convertible, at the option of the loan holder, into common shares of the Company, at a price, based on the quoted market price of the Company’s common shares on the date of conversion discounted at an agreed percentage. The derivative liability is segregated and initially carried at fair value and subsequently remeasured on each reporting date at their fair value. The difference is taken to income as derivative gains or losses. The debt discount is amortized over the period of the loan and charged to interest expense. Loans are stated at net of amortized debt discount amount.

BUSINESS DESCRIPTION AND SUM_10

BUSINESS DESCRIPTION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: Income Tax, Policy (Policies)	12 Months Ended
	Mar. 31, 2019
Policies
Income Tax, Policy	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 SUM_11

BUSINESS DESCRIPTION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: Share-Based Compensation, Policy (Policies)	12 Months Ended
	Mar. 31, 2019
Policies
Share-Based Compensation, Policy	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 SUM_12

BUSINESS DESCRIPTION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: Fair Value of Financial Instruments, Policy (Policies)	12 Months Ended
	Mar. 31, 2019
Policies
Fair Value of Financial Instruments, Policy	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 820, “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 Level 2 Level 3 The following table provides a summary of the fair value of our derivative liabilities as of March 31, 2019 and March 31, 2018: Fair value measurements on a recurring basis Level 1 Level 2 Level 3 As of March 31, 2019: Liabilities Derivative liabilities $ -- $ -- $ 2,110,425 As of March 31, 2018: Liabilities Derivative liabilities $ -- $ -- $ 933,198

BUSINESS DESCRIPTION AND SUM_13

BUSINESS DESCRIPTION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: Earnings Per Share, Policy: Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share (Tables)	12 Months Ended
	Mar. 31, 2019
Tables/Schedules
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share	March 31, 2019 March31, 2018 Stock purchase warrants 6,800,000 5,900,000 Convertible notes 12,962,867 2,145,573 Total 19,762,867 8,045,573

BUSINESS DESCRIPTION AND SUM_14

BUSINESS DESCRIPTION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: Fair Value of Financial Instruments, Policy: Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis (Tables)	12 Months Ended
	Mar. 31, 2019
Tables/Schedules
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis	Fair value measurements on a recurring basis Level 1 Level 2 Level 3 As of March 31, 2019: Liabilities Derivative liabilities $ -- $ -- $ 2,110,425 As of March 31, 2018: Liabilities Derivative liabilities $ -- $ -- $ 933,198

PREPAID EXPENSES AND DEPOSIT _2

PREPAID EXPENSES AND DEPOSIT DISCLOSURE: Schedule of Prepaid Expenses, Deposits and Other Assets (Tables)	12 Months Ended
	Mar. 31, 2019
Tables/Schedules
Schedule of Prepaid Expenses, Deposits and Other Assets	March 31, 2019 2018 Prepaid development cost $ - $ 9,000 Deposits i 6,381 3,086 Taxes receivable ii 7,903 4,046 Prepaid cost 6,603 155 $ 20,887 $ 16,287

CONVERTIBLE DEBTS DISCLOSURE_ S

CONVERTIBLE DEBTS DISCLOSURE: Schedule of Convertible Debt (Tables)	12 Months Ended
	Mar. 31, 2019
Tables/Schedules
Schedule of Convertible Debt	March 31, 2019 2018 Principal balance, at beginning of year $ 542,614 $ - Accrued interest and fees 52,864 - Converted to additional paid in capital (834,293) (226,469) Converted to common stock (4,404) (2,667) Convertible notes settled in cash i (519,436) - Convertible notes issued ii 2,040,600 771,750 Unamortized debt discount (971,297) (420,787) Balance, net of debt discount, at end of year $ 306,648 $ 121,827

CONVERTIBLE DEBTS DISCLOSURE__2

CONVERTIBLE DEBTS DISCLOSURE: Schedule of Debt Conversions Terms (Tables)	12 Months Ended
	Mar. 31, 2019
Tables/Schedules
Schedule of Debt Conversions Terms	Year ended March 31 2019 2018 Number of new loan notes issued 32 17 Total amount of the loans $2,040,600 $771,750 Interest rates from 8% to 12% from 5% to 12% Period of loans six months to one year four months to one year Conversion terms The conversion price is a variable conversion price which varies from 58% to 61% of the market price. Market price is either the average of the lowest two trading prices or the lowest price during 10 to 20 trading days prior to the conversion date. The conversion price is a variable conversion price which varies from 60% to 61% of the market price. Market price is either the average of the lowest two trading prices or the lowest price during 10 to 25 trading days prior to the conversion date. Prepayment terms Prepayment at premium ranging from 110% to 150% of the loan note if prepaid within 60 days and after 120 days but before 180 days respectively. Prepayments are usually not allowed after 180 days Prepayment at premium ranging from 110% to 150% of the loan note if prepaid within 60 days and after 120 days but before 180 days respectively. Prepayments are usually not allowed after 180 days

Derivative Liabilities Disclo_2

Derivative Liabilities Disclosure: Schedule of Derivative Liabilities (Tables)	12 Months Ended
	Mar. 31, 2019
Tables/Schedules
Schedule of Derivative Liabilities	March 31, 2019 2018 Balance, at beginning of year $ 933,198 $ - Derivative additions associated with convertible notes on issuance 2,040,393 767,931 Day one loss on derivatives 539,087 665,475 Change in fair value as at year end 169,818 (183,633) Value transferred to paid in capital on conversion of convertible notes (1,571,869) (316,575) Balance, at end of year $ 2,110,425 $ 933,198

Derivative Liabilities Disclo_3

Derivative Liabilities Disclosure: Schedule of Fair Value Assumptions Used (Tables)	12 Months Ended
	Mar. 31, 2019
Tables/Schedules
Schedule of Fair Value Assumptions Used	Year ended March 31, 2019 2018 Issue date March 31, 2019 Issue date March 31, 2018 Expected dividend nil nil nil nil Risk free interest rate 2.96% 2.96% 1% 1% Expected volatility 102% -167% 120% 15.17% - 234.52% 214.19% Expected term 91 days -365 days 66 days - 361 days 283 days-638 days 142 days- 587 days

WARRANTS DISCLOSURE_ Schedule o

WARRANTS DISCLOSURE: Schedule of Valuation Assumptions, Warrants issued 2018 (Tables)	12 Months Ended
	Mar. 31, 2019
Tables/Schedules
Schedule of Valuation Assumptions, Warrants issued 2018	Relating to warrants issued on August 1, 2018 October 1, 2018 Expected dividend nil nil Risk free interest rate 3% 3% Expected volatility 138.56% 142.85% Expected term 3 years 3 years

WARRANTS DISCLOSURE_ Schedule_2

WARRANTS DISCLOSURE: Schedule of Valuation Assumptions, Warrants issued 2019 (Tables)	12 Months Ended
	Mar. 31, 2019
Tables/Schedules
Schedule of Valuation Assumptions, Warrants issued 2019	Expected dividend nil Risk free interest rate 3% Expected volatility 105% Expected term 2 years

WARRANTS DISCLOSURE_ Schedule_3

WARRANTS DISCLOSURE: Schedule of Warrants Outstanding (Tables)	12 Months Ended
	Mar. 31, 2019
Tables/Schedules
Schedule of Warrants Outstanding	Year ended March 31, 2019 2018 No. of Warrants Weighted average exercise price No. of Warrants Weighted average exercise price Outstanding - beginning of year 5,900,000 $ 0.20 - $ - Issued 34,900,000 $ 0.20 5,900,000 $ 0.20 Exercised (34,000,000) $ (0.0025) - $ - Outstanding - end of year 6,800,000 $0.24 5,900,000 $ 0.20

RELATED PARTY TRANSACTIONS DI_2

RELATED PARTY TRANSACTIONS DISCLOSURE: Schedule of Advances from Stockholder and Director (Tables)	12 Months Ended
	Mar. 31, 2019
Tables/Schedules
Schedule of Advances from Stockholder and Director	Year ended March 31, 2019 2018 Balance, beginning of year $ 195,099 $ 74,631 Funds advanced (net) 69,634 120,468 Balance, end of year $ 264,733 $ 195,099

INCOME TAXES DISCLOSURE_ Schedu

INCOME TAXES DISCLOSURE: Schedule of Deferred Tax Assets and Liabilities (Tables)	12 Months Ended
	Mar. 31, 2019
Tables/Schedules
Schedule of Deferred Tax Assets and Liabilities	March 31, 2019 2018 Net operating loss carryover $ (1,292,144) $ (708,507) Valuation allowance 1,292,144 708,507 Net provision for federal income taxes $ - $ -

INCOME TAXES DISCLOSURE_ Sche_2

INCOME TAXES DISCLOSURE: Schedule of Effective Income Tax Rate Reconciliation (Tables)	12 Months Ended
	Mar. 31, 2019
Tables/Schedules
Schedule of Effective Income Tax Rate Reconciliation	Year ended March 31, 2019 2018 Income tax (recoverable) payable at statutory rate $ (5,368,654) $ (633,205) Derivative loss 148,828 168,645 Amortization of debt discount 327,315 117,220 Interest settled in shares 11,101 4,280 Stock compensation 4,301,942 - Effect of rate changes on deferred tax assets and valuation allowance - 138,936 Valuation allowance 579,468 204,124 Net provision for federal income taxes $ - $ -

BUSINESS DESCRIPTION AND SUM_15

BUSINESS DESCRIPTION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: Earnings Per Share, Policy: Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share (Details) - shares	12 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	19,762,867	8,045,573
Warrant
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	6,800,000	5,900,000
Convertible Debt Securities
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	12,962,867	2,145,573

BUSINESS DESCRIPTION AND SUM_16

BUSINESS DESCRIPTION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: Fair Value of Financial Instruments, Policy: Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis (Details) - USD ($)	12 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Details
Fair Value, Measurement with Unobservable Inputs Reconciliation, Liability, Transfers Into Level 3	$ 2,110,425	$ 933,198

GOING CONCERN DISCLOSURE (Detai

GOING CONCERN DISCLOSURE (Details) - USD ($)	Mar. 31, 2019	Mar. 31, 2018
Details
Accumulated deficit	$ 30,690,434	$ 5,125,413

PREPAID EXPENSES AND DEPOSIT _3

PREPAID EXPENSES AND DEPOSIT DISCLOSURE: Schedule of Prepaid Expenses, Deposits and Other Assets (Details) - USD ($)	Mar. 31, 2019	Mar. 31, 2018
Prepaid expenses and deposits	$ 20,887	$ 16,287
Prepaid development cost
Prepaid expenses and deposits	0	9,000
Deposits made
Prepaid expenses and deposits	6,381	3,086
Taxes receivable
Prepaid expenses and deposits	7,903	4,046
Prepaid cost
Prepaid expenses and deposits	$ 6,603	$ 155

CONVERTIBLE DEBTS DISCLOSURE__3

CONVERTIBLE DEBTS DISCLOSURE: Schedule of Convertible Debt (Details) - USD ($)	Mar. 31, 2019	Mar. 31, 2018
Convertible debts, net of debt discount	$ 306,648	$ 121,827
Principal balance
Convertible debts, gross	542,614
Accrued interest and fees
Convertible debts, gross	52,864
Converted to additional paid in capital
Convertible debts, gross	(834,293)	(226,469)
Converted debt to common stock
Convertible debts, gross	(4,404)	(2,667)
Convertible notes settled in cash
Convertible debts, gross	(519,436)
Convertible notes issued
Convertible debts, gross	2,040,600	771,750
Unamortized debt discount recorded
Convertible debts, gross	$ (971,297)	$ (420,787)

CONVERTIBLE DEBTS DISCLOSURE (D

CONVERTIBLE DEBTS DISCLOSURE (Details) - USD ($)	12 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Details
Payments for settlement of convertible loans	$ 519,436	$ 0

CONVERTIBLE DEBTS DISCLOSURE__4

CONVERTIBLE DEBTS DISCLOSURE: Schedule of Debt Conversions Terms (Details) - USD ($)	4 Months Ended	12 Months Ended
	Jul. 31, 2019	Mar. 31, 2019	Mar. 31, 2018
Details
Proceeds from convertible loans	$ 963,135	$ 2,040,600	$ 771,750

Derivative Liabilities Disclo_4

Derivative Liabilities Disclosure: Schedule of Derivative Liabilities (Details) - USD ($)	12 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Details
Derivative additions associated with convertible notes	$ 2,040,393	$ 767,931
Loss on derivatives	539,087	665,475
Change in fair value as at period end	169,818	(183,633)
Value transferred to paid in capital on conversion of convertible notes	(1,571,869)	(316,575)
Derivative liabilities	$ 2,110,425	$ 933,198

COMMON STOCK DISCLOSURE (Detail

COMMON STOCK DISCLOSURE (Details) - USD ($)	4 Months Ended	12 Months Ended
	Jul. 31, 2019	Mar. 31, 2019	Mar. 31, 2018	Jul. 07, 2019
Warrants exercise, proceeds		$ 85,000	$ 0
Common stock issued for services, shares	500,000
Value of common stock issued for services		$ 829,500
Common stock shares issued for converted notes	1,496,883	4,404,350	2,666,795
Value of stock issued for conversion of notes plus accrued interest		$ 838,697	$ 229,136
Common stock issued for cash, value		$ 345,000	$ 295,000
Common shares issued for cash, shares	2,040,000	900,000	5,900,000
Common Stock Authorized		200,000,000	200,000,000	300,000,000
Par Value of Common Stock		$ 0.001	$ 0.001
Warrants converted, August 10, 2018
Number of warrants exercised, common shares issued		29,843,335
Warrants exercise, proceeds		$ 0.0025
Warrants exercise, proceeds		$ 74,608
Warrants converted, September 6, 2018
Number of warrants exercised, common shares issued		156,665
Warrants exercise, proceeds		$ 0.0025
Warrants exercise, proceeds		$ 392
Warrants converted, October 2, 2018
Number of warrants exercised, common shares issued		4,000,000
Warrants exercise, proceeds		$ 0.0025
Warrants exercise, proceeds		$ 10,000
Common stock issued for services, Sept. 6, 2018
Common stock issued for services, shares		843,335
Common stock issued for services, Sept. 27, 2018
Common stock issued for services, shares		999,999

WARRANTS DISCLOSURE (Details)

WARRANTS DISCLOSURE (Details) shares in Millions	12 Months Ended
	Mar. 31, 2019USD ($)shares
Details
Warrants issued | shares	34
Fair value of warrants issued for services | $	$ 20,485,440

WARRANTS DISCLOSURE_ Schedule_4

WARRANTS DISCLOSURE: Schedule of Warrants Outstanding (Details)	Mar. 31, 2019$ / sharesshares
Details
Warrants outstanding | shares	6,800,000
Weighted average exercise price of warrants outstanding | $ / shares	$ 0.24

RELATED PARTY TRANSACTIONS DI_3

RELATED PARTY TRANSACTIONS DISCLOSURE: Schedule of Advances from Stockholder and Director (Details) - USD ($)	12 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Details
Advances from related parties	$ 69,634	$ 120,468
Advances from director and stockholder	$ 264,733	$ 195,099

RELATED PARTY TRANSACTIONS DI_4

RELATED PARTY TRANSACTIONS DISCLOSURE (Details) - USD ($)	12 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Travel and meals costs charged by the CEO	$ 41,076	$ 43,716
Consulting fees charged by CEO
Fees from transactions with related parties	36,000	36,000
Development costs charged by a Subsidiary
Fees from transactions with related parties	$ 2,091,338	617,432
Due to CEO
Accounts Payable and Accrued Liabilities - related party		$ 55,807

INCOME TAXES DISCLOSURE_ Sche_3

INCOME TAXES DISCLOSURE: Schedule of Deferred Tax Assets and Liabilities (Details) - USD ($)	Mar. 31, 2019	Mar. 31, 2018
Details
Deferred Tax Assets, Operating Loss Carryforwards	$ (1,292,144)	$ (708,507)
Valuation allowance - deferred tax assets	1,292,144	708,507
Net provision for federal income taxes	$ 0	$ 0

INCOME TAXES DISCLOSURE_ Sche_4

INCOME TAXES DISCLOSURE: Schedule of Effective Income Tax Rate Reconciliation (Details) - USD ($)	12 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Details
Income tax (recoverable) payable at statutory rate	$ (5,368,654)	$ (633,205)
Derivative loss deductions	148,828	168,645
Amortization of debt discount expense	327,315	117,220
Effect of interest settled in shares	11,101	4,280
Effect of stock-based compensation	4,301,942	0
Changes on deferred tax assets and valuation allowance	0	138,936
Valuation allowance - income tax reconciliation	$ 579,468	$ 204,124

INCOME TAXES DISCLOSURE (Detail

INCOME TAXES DISCLOSURE (Details) - USD ($) $ in Thousands	Mar. 31, 2019	Mar. 31, 2018
Details
Net tax loss carried forward	$ 5,240	$ 2,400

SUBSEQUENT EVENTS DISCLOSURE (D

SUBSEQUENT EVENTS DISCLOSURE (Details) - USD ($)	4 Months Ended	12 Months Ended
	Jul. 31, 2019	Mar. 31, 2019	Mar. 31, 2018	Jul. 07, 2019
Details
Proceeds from convertible loans	$ 963,135	$ 2,040,600	$ 771,750
Proceeds from private placement of common stock	$ 510,000	$ 75,000	$ 0
Common stock shares issued for converted notes	1,496,883	4,404,350	2,666,795
Common shares issued for cash, shares	2,040,000	900,000	5,900,000
Common stock issued for services, shares	500,000
Common Stock Authorized		200,000,000	200,000,000	300,000,000