Celexus (CXUS) 10-Q 27 Jan 20 2020 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Sep. 30, 2019	Jan. 24, 2020
Document And Entity Information
Entity Registrant Name	Celexus, Inc
Entity Central Index Key	0001355559
Document Type	10-Q
Document Period End Date	Sep. 30, 2019
Amendment Flag	false
Current Fiscal Year End Date	--03-31
Entity Filer Category	Non-accelerated Filer
Is Entity's Reporting Status Current?	Yes
Is Entity Emerging Growth Company?	false
Entity Shell Company	false
Entity Interactive Data Current	Yes
File Number	000-55462
Entity Small Business	true
Entity Incorporation, State Country Code	NV
Entity Common Stock, Shares Outstanding		6,288,457
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2020

Balance Sheets (Unaudited)

Balance Sheets (Unaudited) - USD ($)	Sep. 30, 2019	Mar. 31, 2019
Current assets
Cash in Bank	$ 16,168	$ 44,862
Total current assets	16,168	44,862
Total assets	16,168	44,862
Current liabilities
Accounts payable and accrued expenses	7,086	3,557
Related party notes payable	79,169	58,500
Interest payable	7,303	5,802
Convertible revolving demand note	25,000	25,000
Total current liabilities	118,558	92,859
Total liabilities	118,558	92,859
Commitments and contingencies	0	0
Stockholders' deficit
Common stock: $0.001 par value; 1,500,000,000 shares authorized; 6,288,457 shares issued and outstanding	6,288	6,288
Additional paid-in capital	8,878,425	8,878,425
Retained deficit	(8,987,103)	(8,932,710)
Total stockholders' deficit	(102,390)	(47,997)
Total liabilities and stockholders' deficit	$ 16,168	$ 44,862

Balance Sheets (Unaudited) (Par

Balance Sheets (Unaudited) (Parenthetical) - $ / shares	Sep. 30, 2019	Mar. 31, 2019
Statement of Financial Position [Abstract]
Common stock, par value	$ 0.001	$ 0.001
Common stock, authorized shares	1,500,000,000	1,500,000,000
Common stock, issued shares	6,288,457	6,288,457
Common stock, outstanding shares	6,288,457	6,288,457

Statements of Operations (Unaud

Statements of Operations (Unaudited) - USD ($)	3 Months Ended		6 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Income Statement [Abstract]
Revenue	$ 0	$ 0	$ 0	$ 0
Operating expense
Selling, general and administrative	0	600	4,069	1,200
Professional fees	0	36	48,825	48
Total operating expense	0	636	52,894	1,248
Loss from operations	0	(636)	(52,894)	(1,248)
Other income (expense)
Gain on forgiveness of liabilities	0	0	2	0
Interest expense	(764)	(695)	(1,501)	(1,366)
Accretion of debt discount	0	0	0	0
Total other income (expense)	(764)	(695)	(1,499)	(1,366)
Net loss	$ (764)	$ (1,331)	$ (54,393)	$ (2,614)
Basic and diluted loss per common share	$ 0	$ 0	$ (0.01)	$ 0
Weighted average number of common shares outstanding - basic and diluted	6,288,457	6,288,457	6,288,457	6,288,457

Statements of Stockholders' Equ

Statements of Stockholders' Equity Deficit (Unaudited) - USD ($)	Common Stock	Additional Paid-In Capital	Retained Deficit	Total
Balance at beginning at Mar. 31, 2018	$ 6,288	$ 8,869,147	$ (8,911,476)	$ (36,041)
Balance at beginning (in shares) at Mar. 31, 2018	6,288,457
Net loss for the period			(1,283)	(1,283)
Balance at end at Jun. 30, 2018	$ 6,288	8,869,147	(8,912,759)	(37,324)
Balance at end (in shares) at Jun. 30, 2018	6,288,457
Balance at beginning at Mar. 31, 2018	$ 6,288	8,869,147	(8,911,476)	(36,041)
Balance at beginning (in shares) at Mar. 31, 2018	6,288,457
Net loss for the period				(2,614)
Balance at end at Sep. 30, 2018	$ 6,288	8,869,147	(8,914,090)	(38,655)
Balance at end (in shares) at Sep. 30, 2018	6,288,457
Balance at beginning at Jun. 30, 2018	$ 6,288	8,869,147	(8,912,759)	(37,324)
Balance at beginning (in shares) at Jun. 30, 2018	6,288,457
Net loss for the period			(1,331)	(1,331)
Balance at end at Sep. 30, 2018	$ 6,288	8,869,147	(8,914,090)	(38,655)
Balance at end (in shares) at Sep. 30, 2018	6,288,457
Balance at beginning at Mar. 31, 2019	$ 6,288	8,878,425	(8,932,710)	(47,997)
Balance at beginning (in shares) at Mar. 31, 2019	6,288,457
Net loss for the period			(53,629)	(53,629)
Balance at end at Jun. 30, 2019	$ 6,288	8,878,425	(8,986,339)	(101,626)
Balance at end (in shares) at Jun. 30, 2019	6,288,457
Balance at beginning at Mar. 31, 2019	$ 6,288	8,878,425	(8,932,710)	(47,997)
Balance at beginning (in shares) at Mar. 31, 2019	6,288,457
Net loss for the period				(54,393)
Balance at end at Sep. 30, 2019	$ 6,288	8,878,425	(8,987,103)	(102,390)
Balance at end (in shares) at Sep. 30, 2019	6,288,457
Balance at beginning at Jun. 30, 2019	$ 6,288	8,878,425	(8,986,339)	(101,626)
Balance at beginning (in shares) at Jun. 30, 2019	6,288,457
Net loss for the period			(764)	(764)
Balance at end at Sep. 30, 2019	$ 6,288	$ 8,878,425	$ (8,987,103)	$ (102,390)
Balance at end (in shares) at Sep. 30, 2019	6,288,457

Statements of Cash Flows (Unaud

Statements of Cash Flows (Unaudited) - USD ($)	6 Months Ended
	Sep. 30, 2019	Sep. 30, 2018
Cash flows from operating activities
Net loss	$ (54,393)	$ (2,614)
Changes in operating assets and liabilities:
Increase (decrease) in accounts payable and accrued expenses	3,529	1,248
Increase (decrease) in related party notes	20,669	0
Increase (decrease) in interest payable	1,501	1,366
Net cash flows used in operating activities	(28,694)	0
Cash flows from investing activities:
Net cash flows from investing activities	0	0
Cash flows from financing activities:
Net cash flows from financing activities	0	0
Change in cash and cash equivalents	(28,694)	0
Cash and cash equivalents at beginning of period	44,862	0
Cash and cash equivalents at end of period	16,168	0
Supplemental disclosure of cash flow information:
Interest paid in cash	0	0
Income taxes paid in cash	$ 0	$ 0

Organization and Going Concern

Organization and Going Concern	6 Months Ended
	Sep. 30, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Organization and Going Concern	NOTE 1 –Organization and Going Concern Celexus, Inc. (the Company)(formerly Telupay International, Inc.; formerly i-Level Media Group Incorporated; formerly Jackson Ventures, Inc.) was incorporated in the State of Nevada on August 23, 2005 as Jackson Ventures Ltd. and its initial operations included the acquisition and exploration of mineral resources. In March, 2007 the Company changed its name to i-Level Media Group Incorporated (“i-Level”) and changed its business to that of developing and operating a digital media network service. This business ceased operations on December 1, 2008 and its business was wound-up. On September 24, 2013, the Company effected the acquisition of Telupay, PLC by way of a reverse merger. As a result of the Merger, the Company changed its name to Telupay International Inc., effectuated a 1.5-for-1 forward stock split and Telupay became a wholly-owned subsidiary. Telupay was engaged in the mobile banking and payment processing business primarily in the Philippines, Peru, Indonesia, Myanmar and the United Kingdom. Telupay PLC was the primary operating subsidiary of the Company accounting for most of our assets and liabilities. Telupay PLC never reached profitability and was spun out of the Company shortly after December 31, 2014 to the former directors and officers of the Company whereby the business, including the assets and liabilities of Telupay PLC were transferred for no consideration. As a result, the Company had no operations. On January 18, 2017, Barton Hollow, LLC, a limited liability company, was appointed custodian for the Company by the District Court of Clark County, Nevada. The Company was reinstated by the Nevada Secretary of State on November 9, 2017 and on September 9, 2018 changed its name to Celexus, Inc. The Company currently is looking to acquire an operating business or develop a business. 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 Company has not yet established an ongoing source of revenues sufficient to cover its operating costs to allow it to continue as a going concern. As of September 30, 2019, the Company had an accumulated deficit of $8,987,103. 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 view of these conditions, the ability of the Company to continue as a going concern is in doubt and dependent upon achieving a profitable level of operations and on the ability of the Company to obtain necessary financing to fund ongoing operations. Historically, the Company has relied upon internally generated funds and funds from the sale of shares of stock, issuance of promissory notes and loans from its shareholders and private investors to finance its operations and growth. Management is planning to raise necessary additional funds for working capital through loans and/or additional sales of its common stock. However, there is no assurance that the Company will be successful in raising additional capital or that such additional funds will be available on acceptable terms, if at all. Should the Company be unable to raise this amount of capital its operating plans will be limited to the amount of capital that it can access. These financial statements do not give effect to any adjustments which will be necessary should the Company be unable to continue as a going concern and therefore be required to realize its assets and discharge its liabilities in other than the normal course of business and at amounts different from those reflected in the accompanying financial statements.

Summary of Significant Accounti

Summary of Significant Accounting Policies	6 Months Ended
	Sep. 30, 2019
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	NOTE 2 – Summary of Significant Accounting Policies Use of Estimates The preparation of the Company’s consolidated financial statements requires management to make estimates and use assumptions that affect the reported amounts of assets, liabilities and expenses. These estimates and assumptions are affected by management’s application of accounting policies. On an on-going basis, the Company evaluates its estimates. Actual results and outcomes may differ materially from these estimates and assumptions. Cash Cash includes amounts held in bank accounts. The Company has no amounts deposited with financial institutions in excess of federally insured limits. Fair Value Measurements The Company measures fair value as the price that would be received to sell an asset or paid to transfer a liability (an exit price) in an orderly transaction between market participants at the reporting date. The Company utilizes a three-tier hierarchy which prioritizes the inputs used in the valuation methodologies in measuring fair value: Level 1. Valuations based on quoted prices in active markets for identical assets or liabilities that an entity has the ability to access. The Company has no assets or liabilities measured and recorded on a recurring or nonrecurring basis with Level 1 inputs. Level 2. Valuations based on quoted prices for similar assets or liabilities, quoted prices for identical assets or liabilities in markets that are not active, or other inputs that are observable or can be corroborated by observable data for substantially the full term of the assets or liabilities. The Company has no assets or liabilities measured and recorded on a recurring or nonrecurring basis with Level 2 inputs. Level 3. Valuations based on inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities. The Company has no assets or liabilities measured and recorded on a recurring or nonrecurring basis with Level 3 inputs. Fair Value of Financial Instruments The carrying value of cash and cash equivalents, accounts payable and interest payable approximate their fair value because of the short-term nature of these instruments and their liquidity. It is not practical to determine the fair value of the Company’s debentures payable due to the complex terms. Management is of the opinion that the Company is not exposed to significant interest or credit risks arising from these financial instruments. Stock Based Compensation When applicable, the Company will account for stock-based payments to employees in accordance with ASC 718, “Stock Compensation” (“ASC 718”). Stock-based payments to employees include grants of stock, grants of stock options and issuance of warrants that are recognized in the consolidated statement of operations based on their fair values at the date of grant. The Company accounts for stock-based payments to non-employees in accordance with ASC 505-50, “Equity-Based Payments to Non-Employees.” Stock-based payments to non-employees include grants of stock, grants of stock options and issuances of warrants that are recognized in the consolidated statement of operations based on the value of the vested portion of the award over the requisite service period as measured at its then-current fair value as of each financial reporting date. The Company calculates the fair value of option grants and warrant issuances utilizing the Black-Scholes pricing model. The amount of stock-based compensation recognized during a period is based on the value of the portion of the awards that are ultimately expected to vest. ASC 718 requires forfeitures to be estimated at the time stock options are granted and warrants are issued to employees and non-employees, and revised, if necessary, in subsequent periods if actual forfeitures differ from those estimates. The term “forfeitures” is distinct from “cancellations” or “expirations” and represents only the unvested portion of the surrendered stock option or warrant. The Company estimates forfeiture rates for all unvested awards when calculating the expense for the period. In estimating the forfeiture rate, the Company monitors both stock option and warrant exercises as well as employee termination patterns. The resulting stock-based compensation expense for both employee and non-employee awards is generally recognized on a straight-line basis over the period in which the Company expects to receive the benefit, which is generally the vesting period. Loss per Share The computation of basic earnings per share (“EPS”) is based on the weighted average number of shares that were outstanding during the period, including shares of common stock that are issuable at the end of the reporting period. The computation of diluted EPS is based on the number of basic weighted-average shares outstanding plus the number of common shares that would be issued assuming the exercise of all potentially dilutive common shares outstanding using the treasury stock method. The computation of diluted net income per share does not assume conversion, exercise or contingent issuance of securities that would have an antidilutive effect on earnings per share. Therefore, when calculating EPS if the Company experienced a loss, there is no inclusion of dilutive securities as their inclusion in the EPS calculation is antidilutive. Furthermore, options and warrants will have a dilutive effect under the treasury stock method only when the average market price of the common stock during the period exceeds the exercise price of the options or warrants (they are in the money). See “NOTE 5 - Net Loss Per Share” for further discussion. Income Taxes The Company accounts for income taxes using the asset and liability method. Under the asset and liability method, deferred tax assets and liabilities are recognized for the future tax consequences attributed to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases and tax credits and loss carry-forwards. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences and carry-forwards are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. A valuation allowance is established when necessary to reduce deferred tax assets to amounts expected to be realized. The Company reports a liability for unrecognized tax benefits resulting from uncertain income tax positions, if any, taken or expected to be taken in an income tax return. Estimated interest and penalties are recorded as a component of interest expense or other expense, respectively. Business segments ASC 280, “Segment Reporting” “management approach” Recent Accounting Pronouncements From time to time, new accounting pronouncements are issued by FASB that are adopted by the Company as of the specified effective date. If not discussed, management believes that the impact of recently issued standards, which are not yet effective, will not have a material impact on the Company’s financial statements upon adoption.

Debt - Related Party

Debt - Related Party	6 Months Ended
	Sep. 30, 2019
Debt Disclosure [Abstract]
Debt - Related Party	NOTE 3 – Debt – Related Party On January 18, 2017, the Company entered into a Revolving Demand Note (the “Revolving Demand Note”) with Securities Compliance Group, Ltd. (the “Creditor”). Pursuant the Revolving Demand Note, the Company borrowed $25,000 at an annual interest rate of 9.5% with a default rate of 22%. The Revolving Demand Note may be converted into common stock at an exercise price of par, or $0.001 per share at the discretion of the Creditor. The Revolving Demand Note does not have a maturity date. The debt discount attributable to the fair value of the beneficial conversion feature amounted to $17,500 and was accreted on the date of issuance due to no maturity date of the Revolving Demand Note. During the Six Months ended September 30, 2019 and 2018, the Company recognized $1,501 and $1,366 of interest expense related to the Convertible Debenture. A shareholder who is a related party has loaned the corporation $58,500 as of March 31, 2019 and an additional $20,669 through September 30, 2019. The note bears no interest and is payable on demand.

Common Stock

Common Stock	6 Months Ended
	Sep. 30, 2019
Equity [Abstract]
Common Stock	NOTE 4 – Common Stock On December 10, 2018 it was RESOLVED by the board of director of the corporation that the name change of the corporation be changed to Celexus and that the outstanding shares of stock of the corporation be reverse split on a 1 for 90 basis without change to authorized shares. The name change and 1-90 reverse took place open of business April 9, 2019. The 1-90 reverse split has been retroactively accounted for, accordingly. At September 30, 2019, the Company had 1,500,000,000 authorized shares of common stock with a par value of $0.001 per share and 6,287,384 shares of common stock outstanding.

Net Loss Per Share

Net Loss Per Share	6 Months Ended
	Sep. 30, 2019
Earnings Per Share [Abstract]
Net Loss Per Share	NOTE 5 - Net Loss Per Share During the six months ended September 30, 2019 and 2018, the Company recorded a net loss. Basic net loss per share is computed by dividing the net loss by the weighted average number of common shares outstanding during the period. The Company has not included the effects of convertible debt on net loss per share because to do so would be antidilutive. Following is the computation of basic and diluted net loss per share for the six months ended September 30, 2019 and 2018: Six months Ended September 30, 2019 Six months Ended September 30, 2018 Basic and Diluted EPS Computation Numerator: Loss available to common stockholders' $ (54,393 ) $ (2,614 ) Denominator: Weighted average number of common shares outstanding 6,288,457 6,288,457 Basic and diluted EPS $ (0.01 ) $ (0.00 ) The shares listed below were not included in the computation of diluted losses per share because to do so would have been antidilutive for the periods presented: Convertible debt 32,303,000 30,802,000

Subsequent Events

Subsequent Events	6 Months Ended
	Sep. 30, 2019
Subsequent Events [Abstract]
Subsequent Events	NOTE 6 – Subsequent Events Management has reviewed material events subsequent of the period ended September 30, 2019 and through the date of filing of financial statements in accordance with FASB ASC 855 “Subsequent Events”. On May 13, 2019, Celexus has entered into a definitive agreement by which it will acquire a related entity, HempWave f/k/a Bio Distributions, upon the completion of an appraisal satisfactory to management of both companies. On July 31, 2019 the Exchange Agreement between Celexus and Hempwave was Amended until January 3, 2020 subject to the conditions of the agreement. During December 2019 the date of the merger completion was subsequently changed to May 31, 2020 or sooner.

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	6 Months Ended
	Sep. 30, 2019
Accounting Policies [Abstract]
Use of Estimates	Use of Estimates The preparation of the Company’s consolidated financial statements requires management to make estimates and use assumptions that affect the reported amounts of assets, liabilities and expenses. These estimates and assumptions are affected by management’s application of accounting policies. On an on-going basis, the Company evaluates its estimates. Actual results and outcomes may differ materially from these estimates and assumptions.
Cash	Cash Cash includes amounts held in bank accounts. The Company has no amounts deposited with financial institutions in excess of federally insured limits.
Fair Value Measurements	Fair Value Measurements The Company measures fair value as the price that would be received to sell an asset or paid to transfer a liability (an exit price) in an orderly transaction between market participants at the reporting date. The Company utilizes a three-tier hierarchy which prioritizes the inputs used in the valuation methodologies in measuring fair value: Level 1. Valuations based on quoted prices in active markets for identical assets or liabilities that an entity has the ability to access. The Company has no assets or liabilities measured and recorded on a recurring or nonrecurring basis with Level 1 inputs. Level 2. Valuations based on quoted prices for similar assets or liabilities, quoted prices for identical assets or liabilities in markets that are not active, or other inputs that are observable or can be corroborated by observable data for substantially the full term of the assets or liabilities. The Company has no assets or liabilities measured and recorded on a recurring or nonrecurring basis with Level 2 inputs. Level 3. Valuations based on inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities. The Company has no assets or liabilities measured and recorded on a recurring or nonrecurring basis with Level 3 inputs.
Fair Value of Financial Instruments	Fair Value of Financial Instruments The carrying value of cash and cash equivalents, accounts payable and interest payable approximate their fair value because of the short-term nature of these instruments and their liquidity. It is not practical to determine the fair value of the Company’s debentures payable due to the complex terms. Management is of the opinion that the Company is not exposed to significant interest or credit risks arising from these financial instruments.
Stock Based Compensation	Stock Based Compensation When applicable, the Company will account for stock-based payments to employees in accordance with ASC 718, “Stock Compensation” (“ASC 718”). Stock-based payments to employees include grants of stock, grants of stock options and issuance of warrants that are recognized in the consolidated statement of operations based on their fair values at the date of grant. The Company accounts for stock-based payments to non-employees in accordance with ASC 505-50, “Equity-Based Payments to Non-Employees.” Stock-based payments to non-employees include grants of stock, grants of stock options and issuances of warrants that are recognized in the consolidated statement of operations based on the value of the vested portion of the award over the requisite service period as measured at its then-current fair value as of each financial reporting date. The Company calculates the fair value of option grants and warrant issuances utilizing the Black-Scholes pricing model. The amount of stock-based compensation recognized during a period is based on the value of the portion of the awards that are ultimately expected to vest. ASC 718 requires forfeitures to be estimated at the time stock options are granted and warrants are issued to employees and non-employees, and revised, if necessary, in subsequent periods if actual forfeitures differ from those estimates. The term “forfeitures” is distinct from “cancellations” or “expirations” and represents only the unvested portion of the surrendered stock option or warrant. The Company estimates forfeiture rates for all unvested awards when calculating the expense for the period. In estimating the forfeiture rate, the Company monitors both stock option and warrant exercises as well as employee termination patterns. The resulting stock-based compensation expense for both employee and non-employee awards is generally recognized on a straight-line basis over the period in which the Company expects to receive the benefit, which is generally the vesting period.
Loss per Share	Loss per Share The computation of basic earnings per share (“EPS”) is based on the weighted average number of shares that were outstanding during the period, including shares of common stock that are issuable at the end of the reporting period. The computation of diluted EPS is based on the number of basic weighted-average shares outstanding plus the number of common shares that would be issued assuming the exercise of all potentially dilutive common shares outstanding using the treasury stock method. The computation of diluted net income per share does not assume conversion, exercise or contingent issuance of securities that would have an antidilutive effect on earnings per share. Therefore, when calculating EPS if the Company experienced a loss, there is no inclusion of dilutive securities as their inclusion in the EPS calculation is antidilutive. Furthermore, options and warrants will have a dilutive effect under the treasury stock method only when the average market price of the common stock during the period exceeds the exercise price of the options or warrants (they are in the money). See “NOTE 5 - Net Loss Per Share” for further discussion.
Income Taxes	Income Taxes The Company accounts for income taxes using the asset and liability method. Under the asset and liability method, deferred tax assets and liabilities are recognized for the future tax consequences attributed to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases and tax credits and loss carry-forwards. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences and carry-forwards are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. A valuation allowance is established when necessary to reduce deferred tax assets to amounts expected to be realized. The Company reports a liability for unrecognized tax benefits resulting from uncertain income tax positions, if any, taken or expected to be taken in an income tax return. Estimated interest and penalties are recorded as a component of interest expense or other expense, respectively.
Business segments	Business segments ASC 280, “Segment Reporting” “management approach”
Recent Accounting Pronouncements	Recent Accounting Pronouncements From time to time, new accounting pronouncements are issued by FASB that are adopted by the Company as of the specified effective date. If not discussed, management believes that the impact of recently issued standards, which are not yet effective, will not have a material impact on the Company’s financial statements upon adoption.

Net Loss Per Share (Tables)

Net Loss Per Share (Tables)	6 Months Ended
	Sep. 30, 2019
Earnings Per Share [Abstract]
Schedule of basic and diluted net loss per share	Following is the computation of basic and diluted net loss per share for the six months ended September 30, 2019 and 2018: Six months Ended September 30, 2019 Six months Ended September 30, 2018 Basic and Diluted EPS Computation Numerator: Loss available to common stockholders' $ (54,393 ) $ (2,614 ) Denominator: Weighted average number of common shares outstanding 6,288,457 6,288,457 Basic and diluted EPS $ (0.01 ) $ (0.00 ) The shares listed below were not included in the computation of diluted losses per share because to do so would have been antidilutive for the periods presented: Convertible debt 32,303,000 30,802,000

Organization and Going Concern

Organization and Going Concern (Details Narrative) - USD ($)	Sep. 30, 2019	Mar. 31, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Accumulated deficit	$ (8,987,103)	$ (8,932,710)

Debt - Related Party (Details N

Debt - Related Party (Details Narrative) - USD ($)	1 Months Ended	6 Months Ended
	Jan. 18, 2017	Sep. 30, 2019	Sep. 30, 2018	Mar. 31, 2019
Debt Disclosure [Abstract]
Convertible Revolving Demand Note	$ 25,000
Convertible debt annual interest rate	9.50%
Convertible debt annual interest default rate	22.00%
Convertible debt, conversion price per share	$ 0.001
Beneficial conversion feature	$ 17,500
Interest expense		$ 1,501	$ 1,366
Notes Payable, Related Parties		79,169		$ 58,500
Additional loan		$ 20,669

Common Stock (Details Narrative

Common Stock (Details Narrative) - $ / shares	Apr. 09, 2019	Sep. 30, 2019	Mar. 31, 2019
Equity [Abstract]
Common stock, par value		$ 0.001	$ 0.001
Common stock, authorized shares		1,500,000,000	1,500,000,000
Common stock, outstanding shares		6,288,457	6,288,457
Reverse stock split	1 for 90

Net Loss Per Share (Details)

Net Loss Per Share (Details) - USD ($)	3 Months Ended		6 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Numerator:
Loss available to common stockholders'			$ (54,393)	$ (2,614)
Denominator:
Weighted average number of common shares outstanding	6,288,457	6,288,457	6,288,457	6,288,457
Basic and diluted EPS	$ 0	$ 0	$ (0.01)	$ 0
The shares listed below were not included in the computation of diluted losses per share because to do so would have been antidilutive for the periods presented:
Convertible debt			32,303,000	30,802,000