Cover
Cover - USD ($) | 12 Months Ended | ||
Mar. 31, 2023 | Jul. 11, 2023 | Sep. 30, 2022 | |
Cover [Abstract] | |||
Document Type | 10-K | ||
Amendment Flag | false | ||
Document Annual Report | true | ||
Document Transition Report | false | ||
Document Period End Date | Mar. 31, 2023 | ||
Document Fiscal Period Focus | FY | ||
Document Fiscal Year Focus | 2023 | ||
Current Fiscal Year End Date | --03-31 | ||
Entity File Number | 333-190235 | ||
Entity Registrant Name | ALTAIR INTERNATIONAL CORP. | ||
Entity Central Index Key | 0001570937 | ||
Entity Tax Identification Number | 99-0385465 | ||
Entity Incorporation, State or Country Code | NV | ||
Entity Address, Address Line One | 322 North Shore Drive | ||
Entity Address, Address Line Two | Building 1B, Suite 200 | ||
Entity Address, City or Town | Pittsburgh | ||
Entity Address, State or Province | PA | ||
Entity Address, Postal Zip Code | 15212 | ||
City Area Code | 412 | ||
Local Phone Number | 770-3140 | ||
Entity Well-known Seasoned Issuer | No | ||
Entity Voluntary Filers | No | ||
Entity Current Reporting Status | Yes | ||
Entity Interactive Data Current | Yes | ||
Entity Filer Category | Non-accelerated Filer | ||
Entity Small Business | true | ||
Entity Emerging Growth Company | false | ||
Entity Shell Company | false | ||
Entity Public Float | $ 8,024,044 | ||
Entity Common Stock, Shares Outstanding | 24,692,449 | ||
ICFR Auditor Attestation Flag | false | ||
Document Financial Statement Error Correction [Flag] | false | ||
Auditor Firm ID | 5525 | ||
Auditor Name | Fruci & Associates II, PLLC | ||
Auditor Location | Spokane, Washington |
CONSOLIDATED BALANCE SHEETS (Un
CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) | Mar. 31, 2023 | Mar. 31, 2022 |
Current Assets: | ||
Cash | $ 28,897 | $ 20,917 |
Prepaid stock compensation | 7,980 | 270,000 |
Total Current Assets | 36,877 | 290,917 |
Total Assets | 36,877 | 290,917 |
Current Liabilities: | ||
Accounts payable | 3,500 | |
Accrued compensation | 25,500 | 4,000 |
Loans payable | 14,165 | 49,155 |
Interest payable | 3,889 | 8,701 |
Convertible notes payable, net of debt discount of $91,100 and $129,180, respectively | 47,844 | 56,103 |
Derivative liability | 88,169 | 157,507 |
Total Current Liabilities | 183,067 | 275,466 |
Total Liabilities | 183,067 | 275,466 |
Stockholders’ Equity (Deficit): | ||
Preferred Stock, $0.001 par value, 10,000,000 shares authorized, no shares issued | ||
Common Stock, $0.001 par value, 5,000,000,000 shares authorized; 24,692,449 and 23,769,668 shares issued and outstanding, respectively | 24,693 | 23,770 |
Additional paid in capital | 16,945,642 | 15,357,857 |
Accumulated deficit | (17,116,525) | (15,366,176) |
Total Stockholders' Equity (Deficit) | (146,190) | 15,451 |
Total Liabilities and Stockholders' Deficit | $ 36,877 | $ 290,917 |
CONSOLIDATED BALANCE SHEETS (_2
CONSOLIDATED BALANCE SHEETS (Unaudited) (Parenthetical) - $ / shares | Mar. 31, 2023 | Mar. 31, 2022 |
Statement of Financial Position [Abstract] | ||
Preferred Stock, Par or Stated Value Per Share | $ 0.001 | $ 0.001 |
Preferred Stock, Shares Authorized | 10,000,000 | 10,000,000 |
Preferred Stock, Shares Issued | 0 | 0 |
Preferred Stock, Shares Outstanding | 0 | 0 |
Common Stock, Par or Stated Value Per Share | $ 0.001 | $ 0.001 |
Common Stock, Shares Authorized | 5,000,000,000 | 5,000,000,000 |
Common Stock, Shares, Issued | 24,692,449 | 23,769,668 |
Common Stock, Shares, Outstanding | 24,692,449 | 23,769,668 |
CONSOLIDATED STATEMENTS OF OPER
CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($) | 12 Months Ended | |
Mar. 31, 2023 | Mar. 31, 2022 | |
Operating Expenses: | ||
Mining exploration expense | $ 10,890 | $ 372,195 |
Consulting | 1,317,862 | |
Compensation – related party | 318,000 | 138,000 |
Director fees | 32,500 | 30,000 |
General and administrative | 96,150 | 173,669 |
Total operating expenses | 457,540 | 2,031,726 |
Loss from operations | (457,540) | (2,031,726) |
Other Income (Expense): | ||
Interest expense | (195,528) | (565,067) |
Impairment expense | (107,000) | |
Gain on conversion of debt | 38,444 | 3,269 |
Change in fair value derivative | (1,003,598) | 455,023 |
Gain (loss) on settlement of debt | 6,000 | (5,647) |
Loss on issuance of convertible debt | (138,127) | (219,366) |
Total other expense | (1,292,809) | (438,788) |
Loss before provision for income taxes | (1,750,349) | (2,470,514) |
Provision for income taxes | ||
Net Loss | $ (1,750,349) | $ (2,470,514) |
Loss per share, basic and diluted | $ (0.07) | $ (0.11) |
Weighted average shares outstanding, basic and diluted | 24,234,937 | 22,910,017 |
CONSOLIDATED STATEMENTS OF STOC
CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (DEFICIT) (Unaudited) - USD ($) | Common Stock [Member] | Additional Paid-in Capital [Member] | AOCI Attributable to Parent [Member] | Retained Earnings [Member] | Total |
Beginning balance, value at Mar. 31, 2021 | $ 22,001 | $ 11,972,000 | $ 522,000 | $ (12,895,662) | $ (379,661) |
Shares, Outstanding, Beginning Balance at Mar. 31, 2021 | 22,001,097 | ||||
Shares issued for debt | $ 581 | 889,564 | 890,145 | ||
Stock Issued During Period, Shares, Conversion of Convertible Securities | 580,911 | ||||
Shares issued for services | $ 668 | 1,881,813 | (522,000) | 1,360,481 | |
Stock Issued During Period, Shares, Issued for Services | 667,660 | ||||
Shares issued for accounts payable – related party | $ 520 | 599,480 | 600,000 | ||
Stock Issued During Period, Shares, Other | 520,000 | ||||
Warrant expense | 15,000 | 15,000 | |||
Net loss | (2,470,514) | (2,470,514) | |||
Ending balance, value at Mar. 31, 2022 | $ 23,770 | 15,357,857 | (15,366,176) | 15,451 | |
Shares, Outstanding, Ending Balance at Mar. 31, 2022 | 23,769,668 | ||||
Shares issued for debt | $ 853 | 1 | 1,566,208 | ||
Stock Issued During Period, Shares, Conversion of Convertible Securities | 852,781 | ||||
Shares issued for accounts payable – related party | $ 70 | 22,430 | 22,500 | ||
Stock Issued During Period, Shares, Other | 70,000 | ||||
Net loss | (1,750,349) | (1,750,349) | |||
Ending balance, value at Mar. 31, 2023 | $ 24,693 | $ 16,945,642 | $ (17,116,525) | $ (146,190) | |
Shares, Outstanding, Ending Balance at Mar. 31, 2023 | 24,692,449 |
CONSOLIDATED STATEMENTS OF CASH
CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($) | 12 Months Ended | |
Mar. 31, 2023 | Mar. 31, 2022 | |
CASH FLOW FROM OPERATING ACTIVITIES: | ||
Net loss | $ (1,750,349) | $ (2,470,514) |
Adjustments to reconcile net loss to net cash used in operating activities: | ||
Debt discount expense | 184,389 | 529,432 |
Stock based compensation | 1,536,419 | |
Stock based compensation – related party | 270,000 | 90,000 |
Impairment expense | 107,000 | |
Gain on conversion of debt | (38,444) | (3,269) |
Loss on issuance of convertible debt | 138,127 | 219,366 |
Gain on settlement of debt | (6,000) | 5,647 |
Change in fair value of derivative | 1,003,598 | (455,023) |
Changes in Operating Assets and Liabilities: | ||
Prepaids and deposits | (7,980) | 13,000 |
Accounts payable | 12,000 | (3,014) |
Accrued compensation | 41,500 | 4,000 |
Accrued interest | 11,139 | 30,718 |
Net Cash Used in Operating Activities | (142,020) | (396,238) |
CASH FLOWS FROM FINANCING ACTIVITIES: | ||
Proceeds from convertible notes payable | 100,000 | 520,000 |
Proceeds from notes payable | 50,000 | 75,000 |
Repayment of related party loan | (300,000) | |
Net Cash Provided by Financing Activities | 150,000 | 295,000 |
Net Change in Cash | 7,980 | (101,238) |
Cash at Beginning of Period | 20,917 | 122,155 |
Cash at End of Period | 28,897 | 20,917 |
Interest | ||
Income taxes | ||
Supplemental non-cash disclosure: | ||
Common stock issued for accounts payable – related party | 22,500 | |
Common stock issued for conversion of debt | $ 247,364 | $ 545,079 |
NOTE 1 _ ORGANIZATION AND BUSIN
NOTE 1 – ORGANIZATION AND BUSINESS OPERATIONS | 12 Months Ended |
Mar. 31, 2023 | |
Accounting Policies [Abstract] | |
NOTE 1 – ORGANIZATION AND BUSINESS OPERATIONS | NOTE 1 – ORGANIZATION AND BUSINESS OPERATIONS Organization and Description of Business ALTAIR INTERNATIONAL CORP. (the “Company” “Altair”) was incorporated under the laws of the State of Nevada on December 20, 2012. The Company’s physical address is 322 North Shore Drive, Building 1B, Suite 200, Pittsburgh, PA 15212. License and Royalty Agreement On February 10, 2021, the Company entered into a License and Royalty Agreement (the “License Agreement”) with St-Georges Eco-Mining Corp. (“SX”) and St-Georges Metallurgy Corp. (“SXM”) under which Altair has received a perpetual, non-exclusive license from SX of its lithium extraction technology for Altair to develop its lithium bearing prospects in the United States and SXM’s EV battery recycling technology for which Altair has agreed to act as exclusive master agent to promote the licensing and deployment of the EV battery recycling technology in North America. Altair has agreed to provide SX with a net revenue interest royalty on all metals and minerals extracted (the “Products”) and sold from Altair’s mineral interests in the United States and SX has agreed to provide Altair with a 1% trailer fee on any royalty received by SX from the licensing of the SX EV battery recycling technology to each licensee of the SX EV battery recycling technology referred by Altair or Altair’s sub-agents. Altair will pay a royalty of 5% of the net revenue received by Altair for sales of Products using the lithium extraction technology which decreases to 3% of the net revenue on all payments in excess of US $ 8,000,000 The lithium extraction technology remains under development by SX and SXM. EVLS In August of 2021, the Company filed a patent application with the USPTO for its carbon nanotube/graphene based battery technology, which was comprised of 20 claims. In late November of 2021, we received a non-final rejection notice from the USPTO, citing a number of issues with the claims that would require amendment and/or modification. As we wish to submit a patent application with new ‘artwork,’ or technical drawings, we have decided to file a new patent application when feasible, as per USPTO policy an applicant cannot submit new artwork with an amended application. The technology remains viable, under further development, and, in our view, holds great potential to have a disruptive impact in the battery space. |
NOTE 2 _ SUMMARY OF SIGNIFICANT
NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES | 12 Months Ended |
Mar. 31, 2023 | |
Accounting Policies [Abstract] | |
NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES | NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation The Company’s financial statements have been prepared in accordance with generally accepted accounting principles in the United States of America (“U.S. GAAP”). Use of estimates The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results may differ from those estimates. Concentrations of Credit Risk We maintain our cash in bank deposit accounts, the balances of which at times may exceed federally insured limits. We continually monitor our banking relationships and consequently have not experienced any losses in our accounts. We believe we are not exposed to any significant credit risk on cash. Cash Equivalents The Company considers all highly liquid investments with a maturity of three months or less when purchased to be cash equivalents. There were no cash equivalents as of March 31, 2023 and 2022. Principles of Consolidation The accompanying consolidated financial statements for the years ended March 31, 2023 and 2022, include the accounts of the Company and its wholly owned subsidiary, EV Lithium Solutions, Inc. All significant intercompany transactions have been eliminated in consolidation. Mining Expenses The Company records all mining exploration and evaluation costs as expenses in the period in which they are incurred. Fair Value of Financial Instruments The Company follows paragraph 825-10-50-10 of the FASB Accounting Standards Codification for disclosures about fair value of its financial instruments and paragraph 820-10-35-37 of the FASB Accounting Standards Codification (“Paragraph 820-10-35-37”) to measure the fair value of its financial instruments. Paragraph 820-10-35-37 establishes a framework for measuring fair value in accounting principles generally accepted in the United States of America (U.S. GAAP), and expands disclosures about fair value measurements. To increase consistency and comparability in fair value measurements and related disclosures, Paragraph 820-10-35-37 establishes a fair value hierarchy which prioritizes the inputs to valuation techniques used to measure fair value into three broad levels. The fair value hierarchy gives the highest priority to quoted prices (unadjusted) in active markets for identical assets or liabilities and the lowest priority to unobservable inputs. The three levels of fair value hierarchy defined by Paragraph 820-10-35-37 are described below: Level 1: Quoted market prices available in active markets for identical assets or liabilities as of the reporting date. Level 2: Pricing inputs other than quoted prices in active markets included in Level 1, which are either directly or indirectly observable as of the reporting date. Level 3: Pricing inputs that are generally unobservable inputs and not corroborated by market data. The carrying amount of the Company’s financial assets and liabilities, such as cash, prepaid expenses and accrued expenses approximate their fair value because of the short maturity of those instruments. The Company’s notes payable approximate the fair value of such instruments as the notes bear interest rates that are consistent with current market rates. The following table classifies the Company’s liabilities measured at fair value on a recurring basis into the fair value hierarchy as of: March 31, 2023 Description Level 1 Level 2 Level 3 Derivative $ — $ — $ 88,169 Total $ — $ — $ 88,169 March 31, 2022 Description Level 1 Level 2 Level 3 Derivative $ — $ — $ 157,507 Total $ — $ — $ 157,507 Income taxes The Company follows Section 740-10-30 of the FASB Accounting Standards Codification, which requires recognition of deferred tax assets and liabilities for the expected future tax consequences of events that have been included in the financial statements or tax returns. Under this method, deferred tax assets and liabilities are based on the differences between the financial statement and tax bases of assets and liabilities using enacted tax rates in effect for the fiscal year in which the differences are expected to reverse. Deferred tax assets are reduced by a valuation allowance to the extent management concludes it is more likely than not that the assets will not be realized. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the fiscal years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in the Statements of Income in the period that includes the enactment date. The Company adopted section 740-10-25 of the FASB Accounting Standards Codification (“Section 740-10-25”) with regards to uncertainty income taxes. Section 740-10-25 addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under Section 740-10-25, the Company may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by the taxing authorities, based on the technical merits of the position. The tax benefits recognized in the financial statements from such a position should be measured based on the largest benefit that has a greater than fifty percent (50%) likelihood of being realized upon ultimate settlement. Section 740-10-25 also provides guidance on de-recognition, classification, interest and penalties on income taxes, accounting in interim periods and requires increased disclosures. The Company had no material adjustments to its liabilities for unrecognized income tax benefits according to the provisions of Section 740-10-25. Stock-based Compensation In June 2018, the FASB issued ASU 2018-07, Compensation – Stock Compensation (Topic 718): Improvements to Nonemployee Share-Based Payment Accounting. ASU 2018-07 allows companies to account for nonemployee awards in the same manner as employee awards. The guidance is effective for fiscal years beginning after December 15, 2018, and interim periods within those annual periods. Basic and Diluted Earnings Per Share Net income (loss) per common share is computed pursuant to section 260-10-45 of the FASB Accounting Standards Codification. Basic net income (loss) per common share is computed by dividing net income (loss) by the weighted average number of shares of common stock outstanding during the period. Diluted net income (loss) per common share is computed by dividing net income (loss) by the weighted average number of shares of common stock and potentially outstanding shares of common stock during the period. The weighted average number of common shares outstanding and potentially outstanding common shares assumes that the Company incorporated as of the beginning of the first period presented. As of March 31, 2023, the Company has approximately 2,888,650 40,000 Recent Accounting Pronouncements The Company has implemented all new accounting pronouncements that are in effect. These pronouncements did not have any material impact on the financial statements unless otherwise disclosed, and the Company does not believe that there are any other new accounting pronouncements that have been issued that might have a material impact on its financial position or results of operations. |
NOTE 3 _ GOING CONCERN
NOTE 3 – GOING CONCERN | 12 Months Ended |
Mar. 31, 2023 | |
Organization, Consolidation and Presentation of Financial Statements [Abstract] | |
NOTE 3 – GOING CONCERN | NOTE 3 – GOING CONCERN The Company’s financial statements have been prepared on a going concern basis, which assumes the Company will be able to realize its assets and discharge its liabilities in the normal course of business for the foreseeable future. The Company has incurred losses since inception resulting in an accumulated deficit $ 17,116,525 |
NOTE 4 _ ASSET PURCHASE
NOTE 4 – ASSET PURCHASE | 12 Months Ended |
Mar. 31, 2023 | |
Note 4 Asset Purchase | |
NOTE 4 – ASSET PURCHASE | NOTE 4 – ASSET PURCHASE On March 19, 2021, the Company, through its newly formed Nevada subsidiary, EV Lithium Solutions, Inc., entered into an Asset Purchase Agreement with CryptoSolar LTD, a company formed under the laws of the United Kingdom, that has energy storage technology for a variety of industries, including electric vehicles, to be used in place of traditional batteries that rely upon chemical reactions rather than an electric field for higher energy output and a longer life than traditional batteries. Under the terms of the Asset Purchase Agreement, CryptoSolar received 100,000 36,000 20 4,000 10,000 6,000 The 100,000 4.50 450,000 16,000 2.00 32,000 450,000 32,000 |
NOTE 5 _ CONVERTIBLE NOTES PAYA
NOTE 5 – CONVERTIBLE NOTES PAYABLE | 12 Months Ended |
Mar. 31, 2023 | |
Debt Disclosure [Abstract] | |
NOTE 5 – CONVERTIBLE NOTES PAYABLE | NOTE 5 – CONVERTIBLE NOTES PAYABLE A summary of the Company’s convertible notes as of March 31, 2023, is presented below: Note Holder Date Maturity Date Interest Balance Additions Conversions Balance EROP Enterprises (1) 9/9/2021 9/9/2022 8 % $ 25,000 $ — $ (25,000 ) $ — EROP Enterprises (1) 11/12/2021 11/12/2022 8 % $ 30,000 $ — $ (30,000 ) $ — EROP Enterprises (2) 1/12/2022 1/12/2023 8 % $ 77,783 $ — $ (77,783 ) $ — EROP Enterprises (2) 1/13/2022 1/13/2023 8 % $ 25,000 $ — $ (25,000 ) $ — Thirty 05, LLC (2) 1/25/2022 1/25/2024 8 % $ 5,000 $ — $ — $ 5,000 EROP Enterprises (3) 3/4/2022 3/4/2023 8 % $ 20,000 $ — $ (20,000 ) $ — Thirty 05, LLC (3) 3/7/2022 3/7/2024 8 % $ 2,500 $ — $ — $ 2,500 Thirty 05, LLC (3) 5/19/2022 5/19/2023 8 % $ — $ 15,000 $ — $ 15,000 EROP Enterprises (3) 5/24/2022 5/24/2023 8 % — 20,000 (20,000 ) — EROP Enterprises (4) 11/14/2022 11/14/2023 8 % — $ 10,000 — $ 10,000 EROP Enterprises (5) 12/15/2022 12/15/2023 8 % — $ 51,444 — $ 51,444 EROP Enterprises (5) 12/29/2022 12/29/2023 8 % — $ 25,000 — $ 25,000 EROP Enterprises (5) 2/13/2023 2/13/2024 8 % — 10,000 — 10,000 EROP Enterprises (6) 3/28/2023 3/28/2024 8 % — 20,000 — 20,000 Total $ 185,283 $ 151,444 $ (197,783 ) $ 138,944 Less Discount $ (129,180 ) $ (91,100 ) Total $ 56,103 $ 47,844 On January 25, 2023, EROP Enterprises LLC, agreed to extend the convertible promissory notes dated January 25, 2022 and March 7, 2022 by one additional year. Total accrued interest on the above Notes as of March 31, 2023 and 2022, is $ 3,889 4,780 (1) On notice, the Note holder has the right to convert all or a portion of the outstanding balance of the Note into common shares of the Company at a rate of the lesser of (i)$0.10 or 70% of the lowest closing bid price of the common stock in the 5 days prior to conversion. (2) On notice, the Note holder has the right to convert all or a portion of the outstanding balance of the Note into common shares of the Company at a rate of the lesser of (i)$0.04 or 70% of the lowest closing bid price of the common stock in the 5 days prior to conversion. (3) On notice, the Note holder has the right to convert all or a portion of the outstanding balance of the Note into common shares of the Company at a rate of the lesser of (i)$0.02 or 70% of the lowest closing bid price of the common stock in the 5 days prior to conversion. (4) On notice, the Note holder has the right to convert all or a portion of the outstanding balance of the Note into common shares of the Company at a rate of the lesser of (i)$0.015 or 80% of the lowest closing bid price of the common stock in the 5 days prior to conversion. (5) On notice, the Note holder has the right to convert all or a portion of the outstanding balance of the Note into common shares of the Company at a rate of the lesser of (i)$0.015 or 70% of the lowest closing bid price of the common stock in the 5 days prior to conversion. (6) On notice, the Note holder has the right to convert all or a portion of the outstanding balance of the Note into common shares of the Company at a rate of the lesser of (i)$0.07 or 70% of the lowest closing bid price of the common stock in the 5 days prior to conversion. A summary of the activity of the derivative liability for the notes above is as follows: Balance at March 31, 2021 $ 142,642 Increase to derivative due to new issuances 809,212 Decrease to derivative due to conversion/repayments (339,324 ) Derivative gain due to mark to market adjustment (455,023 ) Balance at March 31, 2022 157,507 Increase to derivative due to new issuances 284,436 Decrease to derivative due to conversion/repayments (1,357,372 ) Derivative loss due to mark to market adjustment 1,003,598 Balance at March 31, 2023 $ 88,169 A summary of quantitative information about significant unobservable inputs (Level 3 inputs) used in measuring the Company’s derivative liability that are categorized within Level 3 of the fair value hierarchy as of March 31, 2023 and 2022, is as follows: Inputs March 31, 2023 March 31, 2022 Stock price $ 0.051 $ 0.0255 Conversion price $ 0.015 – 0.056 $ 0.0172 Volatility (annual) 187.53 200.08 % 122.88 146.18 % Risk-free rate 4.64 4.94 .44 1.63 Dividend rate — — Years to maturity .13 .99 .44 .93 A summary of quantitative information about significant unobservable inputs (Level 3 inputs) used in measuring the Company’s derivative liability that are categorized within Level 3 of the fair value hierarchy at the time of conversion is as follows: Inputs March 31, 2023 March 31, 2022 Stock price $ 0.01 – 0.0141 $ 0.047 0.058 Conversion price $ 0.0106 – 0.0105 $ 0.0291 0.0452 Volatility (annual) 140.81 – 196.26 % 91.3 141.8 % Risk-free rate 1.15 – 4.72 % .05 – .17 % Dividend rate — — Years to maturity .25 .45 .25 1 The development and determination of the unobservable inputs for Level 3 fair value measurements and fair value calculations are the responsibility of the Company’s management. |
NOTE 6 _ LOANS PAYABLE
NOTE 6 – LOANS PAYABLE | 12 Months Ended |
Mar. 31, 2023 | |
Note 6 Loans Payable | |
NOTE 6 – LOANS PAYABLE | NOTE 6 – LOANS PAYABLE A summary of the Company’s loans payable as of March 31, 2023 is presented below: Note Holder Date Maturity Date Interest Balance Additions Repayments Balance Third party 8/24/2020 8/24/2021 0 % 14,165 $ — $ — $ 14,165 Byron Hampton 8/24/2020 8/24/2021 8 % 9,990 — (9,990 ) — Byron Hampton 12/22/2020 12/22/2021 8 % 5,000 — (5,000 ) — Byron Hampton 12/30/2020 12/30/2021 8 % 20,000 — (20,000 ) — EROP Enterprises 8/11/2022 8/11/2023 8 % — 50,000 (50,000 ) — Total $ 49,155 $ 50,000 $ (84,990 ) $ 14,165 On July 19, 2022, the Company and Byron Hampton entered into an agreement to convert the three outstanding notes due to Mr. Hampton for a total of $ 39,684 39,684 8 39,684 79,368 On August 11, 2022, the Company issued a Non-Convertible Promissory Note for $ 50,000 8 1,444 Total accrued interest on the above notes payable as of March 31, 2023 and 2022 was $ 0 3,991 |
NOTE 7 _ COMMON STOCK
NOTE 7 – COMMON STOCK | 12 Months Ended |
Mar. 31, 2023 | |
Equity [Abstract] | |
NOTE 7 – COMMON STOCK | NOTE 7 – COMMON STOCK Effective January 25, 2023, the Company effectuated a 1 for 25 500,000,000 592,619 Shares Issued for Services On April 6, 2022, 100,000 450,000 During the year ended March 31, 2022, the Company issued 198,000 388,000 During the year ended March 31, 2022, the Company issued 9,660 28,980 During the year ended March 31, 2022, the Company issued 2,000 5,500 During the year ended March 31, 2022, the Company issued 4,000 9,000 During the year ended March 31, 2022, the Company issued 2,000 3,000 Shares Issued for Conversion of Liabilities During the year ended March 31, 2022, the Company issued 9,660 24,150 4,830 During the year ended March 31, 2022, the Company issued 10,000 20,000 During the year ended March 31, 2022, the Company issued 2,000 5,000 A $ 3,269 During the year ended March 31, 2022, the Company issued 4,000 8,412 During the year ended March 31, 2022, the Company issued 580,911 517,500 27,579 During the year ended March 31, 2023, EROP Enterprises LLC converted $ 197,783 9,812 773,412 On July 22, 2022, Mr. Hampton converted the note payable of $ 39,684 79,368 Refer to Note 9 for shares issued to related parties. |
NOTE 8 _ WARRANTS
NOTE 8 – WARRANTS | 12 Months Ended |
Mar. 31, 2023 | |
Note 8 Warrants | |
NOTE 8 – WARRANTS | NOTE 8 – WARRANTS On October 15, 2020, the Company entered into a service agreement with a third party for a term of six months. Per the terms of the agreement the party was granted 40,000 0.25 180,000 4.50 0.25 1.57 735.46 A summary of the status of the Company’s outstanding stock warrants and changes during the year is presented below: Number of Warrants Weighted Weighted Aggregate Intrinsic Value Outstanding, March 31, 2021 40,000 $ 0.25 $ 0.18 $ — Issued — $ — $ — — Exercised — $ — $ — — Expired — $ — $ — — Outstanding, March 31, 2022 40,000 $ 0.25 $ 0.18 $ — Issued — $ — $ — — Exercised — $ — $ — — Expired — $ — $ — — Exercisable, March 31, 2023 40,000 $ 0.25 $ 0.18 $ — Range of Exercise Prices Number Outstanding 3/31/2023 Weighted Average Remaining Contractual Life Weighted Average Exercise Price $0.25 40,000 .54 $0.25 The aggregate intrinsic value represents the total pretax intrinsic value, based on warrants with an exercise price less than the Company’s stock price as of March 31, 2023, which would have been received by the warrant holder had the warrant holder exercised their warrants as of that date. |
NOTE 9 _ RELATED PARTY TRANSACT
NOTE 9 – RELATED PARTY TRANSACTIONS | 12 Months Ended |
Mar. 31, 2023 | |
Related Party Transactions [Abstract] | |
NOTE 9 – RELATED PARTY TRANSACTIONS | NOTE 9 – RELATED PARTY TRANSACTIONS During the year ended March 31, 2023 and 2022, the Company paid Mr. Leonard Lovallo $ 34,000 40,000 18,000 4,000 On January 8, 2022, the Company renewed and extended its contract with its CEO for a term of one year. As a signing bonus, Mr. Lovallo was granted 400,000 0.90 360,000 On December 22, 2022, Ramzi Khoury, Director, converted $ 22,500 70,000 7,500 |
NOTE 10 _ INCOME TAX
NOTE 10 – INCOME TAX | 12 Months Ended |
Mar. 31, 2023 | |
Income Tax Disclosure [Abstract] | |
NOTE 10 – INCOME TAX | NOTE 10 – INCOME TAX Deferred taxes are provided on a liability method whereby deferred tax assets are recognized for deductible temporary differences and operating loss and tax credit carry forwards and deferred tax liabilities are recognized for taxable temporary differences. Temporary differences are the differences between the reported amounts of assets and liabilities and their tax bases. Deferred tax assets are reduced by a valuation allowance when, in the opinion of management, it is more likely than not that some portion or all of the deferred tax assets will not be realized. Deferred tax assets and liabilities are adjusted for the effects of changes in tax laws and rates on the date of enactment. The U.S. federal income tax rate is 21%. The provision for Federal income tax consists of the following March 31: 2023 2022 Federal income tax benefit attributable to: Current Operations $ 367,600 $ 503,000 Less: valuation allowance (367,600 ) (503,000 ) Net provision for Federal income taxes $ — $ — The cumulative tax effect at the expected rate of 21% of significant items comprising our net deferred tax amount is as follows: 2023 2022 Deferred tax asset attributable to: Net operating loss carryover $ 3,594,000 $ 3,211,000 Less: valuation allowance (3,594,000 ) (3,211,000 ) Net deferred tax asset $ — $ — At March 31, 2023, the Company had net operating loss carry forwards of approximately $ 3,594,000 Due to the change in ownership provisions of the Tax Reform Act of 1986, net operating loss carry forwards for Federal income tax reporting purposes are subject to annual limitations. Should a change in ownership occur, net operating loss carry forwards may be limited as to use in future years. ASC Topic 740 provides guidance on the accounting for uncertainty in income taxes recognized in a company’s financial statements. Topic 740 requires a company to determine whether it is more likely than not that a tax position will be sustained upon examination based upon the technical merits of the position. If the more-likely-than-not threshold is met, a company must measure the tax position to determine the amount to recognize in the financial statements. The Company includes interest and penalties arising from the underpayment of income taxes in the statements of operations in the provision for income taxes. As of March 31, 2023, the Company had no accrued interest or penalties related to uncertain tax positions. |
NOTE 11 _ SUBSEQUENT EVENTS
NOTE 11 – SUBSEQUENT EVENTS | 12 Months Ended |
Mar. 31, 2023 | |
Subsequent Events [Abstract] | |
NOTE 11 – SUBSEQUENT EVENTS | NOTE 11 – SUBSEQUENT EVENTS In accordance with SFAS 165 (ASC 855-10) management has performed an evaluation of subsequent events through the date that the financial statements were issued and has determined that it does not have any material subsequent events to disclose in these financial statements other than the following. On June 14, 2023, the Company issued a Convertible Promissory Note to EROP Enterprises LLC, for $ 25,000 8 |
NOTE 2 _ SUMMARY OF SIGNIFICA_2
NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies) | 12 Months Ended |
Mar. 31, 2023 | |
Accounting Policies [Abstract] | |
Basis of Presentation | Basis of Presentation The Company’s financial statements have been prepared in accordance with generally accepted accounting principles in the United States of America (“U.S. GAAP”). |
Use of estimates | Use of estimates The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results may differ from those estimates. |
Concentrations of Credit Risk | Concentrations of Credit Risk We maintain our cash in bank deposit accounts, the balances of which at times may exceed federally insured limits. We continually monitor our banking relationships and consequently have not experienced any losses in our accounts. We believe we are not exposed to any significant credit risk on cash. |
Cash Equivalents | Cash Equivalents The Company considers all highly liquid investments with a maturity of three months or less when purchased to be cash equivalents. There were no cash equivalents as of March 31, 2023 and 2022. |
Principles of Consolidation | Principles of Consolidation The accompanying consolidated financial statements for the years ended March 31, 2023 and 2022, include the accounts of the Company and its wholly owned subsidiary, EV Lithium Solutions, Inc. All significant intercompany transactions have been eliminated in consolidation. |
Mining Expenses | Mining Expenses The Company records all mining exploration and evaluation costs as expenses in the period in which they are incurred. |
Fair Value of Financial Instruments | Fair Value of Financial Instruments The Company follows paragraph 825-10-50-10 of the FASB Accounting Standards Codification for disclosures about fair value of its financial instruments and paragraph 820-10-35-37 of the FASB Accounting Standards Codification (“Paragraph 820-10-35-37”) to measure the fair value of its financial instruments. Paragraph 820-10-35-37 establishes a framework for measuring fair value in accounting principles generally accepted in the United States of America (U.S. GAAP), and expands disclosures about fair value measurements. To increase consistency and comparability in fair value measurements and related disclosures, Paragraph 820-10-35-37 establishes a fair value hierarchy which prioritizes the inputs to valuation techniques used to measure fair value into three broad levels. The fair value hierarchy gives the highest priority to quoted prices (unadjusted) in active markets for identical assets or liabilities and the lowest priority to unobservable inputs. The three levels of fair value hierarchy defined by Paragraph 820-10-35-37 are described below: Level 1: Quoted market prices available in active markets for identical assets or liabilities as of the reporting date. Level 2: Pricing inputs other than quoted prices in active markets included in Level 1, which are either directly or indirectly observable as of the reporting date. Level 3: Pricing inputs that are generally unobservable inputs and not corroborated by market data. The carrying amount of the Company’s financial assets and liabilities, such as cash, prepaid expenses and accrued expenses approximate their fair value because of the short maturity of those instruments. The Company’s notes payable approximate the fair value of such instruments as the notes bear interest rates that are consistent with current market rates. The following table classifies the Company’s liabilities measured at fair value on a recurring basis into the fair value hierarchy as of: March 31, 2023 Description Level 1 Level 2 Level 3 Derivative $ — $ — $ 88,169 Total $ — $ — $ 88,169 March 31, 2022 Description Level 1 Level 2 Level 3 Derivative $ — $ — $ 157,507 Total $ — $ — $ 157,507 |
Income taxes | Income taxes The Company follows Section 740-10-30 of the FASB Accounting Standards Codification, which requires recognition of deferred tax assets and liabilities for the expected future tax consequences of events that have been included in the financial statements or tax returns. Under this method, deferred tax assets and liabilities are based on the differences between the financial statement and tax bases of assets and liabilities using enacted tax rates in effect for the fiscal year in which the differences are expected to reverse. Deferred tax assets are reduced by a valuation allowance to the extent management concludes it is more likely than not that the assets will not be realized. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the fiscal years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in the Statements of Income in the period that includes the enactment date. The Company adopted section 740-10-25 of the FASB Accounting Standards Codification (“Section 740-10-25”) with regards to uncertainty income taxes. Section 740-10-25 addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under Section 740-10-25, the Company may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by the taxing authorities, based on the technical merits of the position. The tax benefits recognized in the financial statements from such a position should be measured based on the largest benefit that has a greater than fifty percent (50%) likelihood of being realized upon ultimate settlement. Section 740-10-25 also provides guidance on de-recognition, classification, interest and penalties on income taxes, accounting in interim periods and requires increased disclosures. The Company had no material adjustments to its liabilities for unrecognized income tax benefits according to the provisions of Section 740-10-25. |
Stock-based Compensation | Stock-based Compensation In June 2018, the FASB issued ASU 2018-07, Compensation – Stock Compensation (Topic 718): Improvements to Nonemployee Share-Based Payment Accounting. ASU 2018-07 allows companies to account for nonemployee awards in the same manner as employee awards. The guidance is effective for fiscal years beginning after December 15, 2018, and interim periods within those annual periods. |
Basic and Diluted Earnings Per Share | Basic and Diluted Earnings Per Share Net income (loss) per common share is computed pursuant to section 260-10-45 of the FASB Accounting Standards Codification. Basic net income (loss) per common share is computed by dividing net income (loss) by the weighted average number of shares of common stock outstanding during the period. Diluted net income (loss) per common share is computed by dividing net income (loss) by the weighted average number of shares of common stock and potentially outstanding shares of common stock during the period. The weighted average number of common shares outstanding and potentially outstanding common shares assumes that the Company incorporated as of the beginning of the first period presented. As of March 31, 2023, the Company has approximately 2,888,650 40,000 |
Recent Accounting Pronouncements | Recent Accounting Pronouncements The Company has implemented all new accounting pronouncements that are in effect. These pronouncements did not have any material impact on the financial statements unless otherwise disclosed, and the Company does not believe that there are any other new accounting pronouncements that have been issued that might have a material impact on its financial position or results of operations. |
NOTE 2 _ SUMMARY OF SIGNIFICA_3
NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables) | 12 Months Ended |
Mar. 31, 2023 | |
Accounting Policies [Abstract] | |
Fair Value, Liabilities Measured on Recurring Basis [Table Text Block] | Description Level 1 Level 2 Level 3 Derivative $ — $ — $ 88,169 Total $ — $ — $ 88,169 March 31, 2022 Description Level 1 Level 2 Level 3 Derivative $ — $ — $ 157,507 Total $ — $ — $ 157,507 |
NOTE 5 _ CONVERTIBLE NOTES PA_2
NOTE 5 – CONVERTIBLE NOTES PAYABLE (Tables) | 12 Months Ended |
Mar. 31, 2023 | |
Debt Disclosure [Abstract] | |
Convertible Debt [Table Text Block] | Note Holder Date Maturity Date Interest Balance Additions Conversions Balance EROP Enterprises (1) 9/9/2021 9/9/2022 8 % $ 25,000 $ — $ (25,000 ) $ — EROP Enterprises (1) 11/12/2021 11/12/2022 8 % $ 30,000 $ — $ (30,000 ) $ — EROP Enterprises (2) 1/12/2022 1/12/2023 8 % $ 77,783 $ — $ (77,783 ) $ — EROP Enterprises (2) 1/13/2022 1/13/2023 8 % $ 25,000 $ — $ (25,000 ) $ — Thirty 05, LLC (2) 1/25/2022 1/25/2024 8 % $ 5,000 $ — $ — $ 5,000 EROP Enterprises (3) 3/4/2022 3/4/2023 8 % $ 20,000 $ — $ (20,000 ) $ — Thirty 05, LLC (3) 3/7/2022 3/7/2024 8 % $ 2,500 $ — $ — $ 2,500 Thirty 05, LLC (3) 5/19/2022 5/19/2023 8 % $ — $ 15,000 $ — $ 15,000 EROP Enterprises (3) 5/24/2022 5/24/2023 8 % — 20,000 (20,000 ) — EROP Enterprises (4) 11/14/2022 11/14/2023 8 % — $ 10,000 — $ 10,000 EROP Enterprises (5) 12/15/2022 12/15/2023 8 % — $ 51,444 — $ 51,444 EROP Enterprises (5) 12/29/2022 12/29/2023 8 % — $ 25,000 — $ 25,000 EROP Enterprises (5) 2/13/2023 2/13/2024 8 % — 10,000 — 10,000 EROP Enterprises (6) 3/28/2023 3/28/2024 8 % — 20,000 — 20,000 Total $ 185,283 $ 151,444 $ (197,783 ) $ 138,944 Less Discount $ (129,180 ) $ (91,100 ) Total $ 56,103 $ 47,844 |
Schedule of Derivative Liabilities at Fair Value [Table Text Block] | Balance at March 31, 2021 $ 142,642 Increase to derivative due to new issuances 809,212 Decrease to derivative due to conversion/repayments (339,324 ) Derivative gain due to mark to market adjustment (455,023 ) Balance at March 31, 2022 157,507 Increase to derivative due to new issuances 284,436 Decrease to derivative due to conversion/repayments (1,357,372 ) Derivative loss due to mark to market adjustment 1,003,598 Balance at March 31, 2023 $ 88,169 |
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block] | Inputs March 31, 2023 March 31, 2022 Stock price $ 0.051 $ 0.0255 Conversion price $ 0.015 – 0.056 $ 0.0172 Volatility (annual) 187.53 200.08 % 122.88 146.18 % Risk-free rate 4.64 4.94 .44 1.63 Dividend rate — — Years to maturity .13 .99 .44 .93 A summary of quantitative information about significant unobservable inputs (Level 3 inputs) used in measuring the Company’s derivative liability that are categorized within Level 3 of the fair value hierarchy at the time of conversion is as follows: Inputs March 31, 2023 March 31, 2022 Stock price $ 0.01 – 0.0141 $ 0.047 0.058 Conversion price $ 0.0106 – 0.0105 $ 0.0291 0.0452 Volatility (annual) 140.81 – 196.26 % 91.3 141.8 % Risk-free rate 1.15 – 4.72 % .05 – .17 % Dividend rate — — Years to maturity .25 .45 .25 1 |
NOTE 6 _ LOANS PAYABLE (Tables)
NOTE 6 – LOANS PAYABLE (Tables) | 12 Months Ended |
Mar. 31, 2023 | |
Note 6 Loans Payable | |
Schedule of Debt [Table Text Block] | Note Holder Date Maturity Date Interest Balance Additions Repayments Balance Third party 8/24/2020 8/24/2021 0 % 14,165 $ — $ — $ 14,165 Byron Hampton 8/24/2020 8/24/2021 8 % 9,990 — (9,990 ) — Byron Hampton 12/22/2020 12/22/2021 8 % 5,000 — (5,000 ) — Byron Hampton 12/30/2020 12/30/2021 8 % 20,000 — (20,000 ) — EROP Enterprises 8/11/2022 8/11/2023 8 % — 50,000 (50,000 ) — Total $ 49,155 $ 50,000 $ (84,990 ) $ 14,165 |
NOTE 8 _ WARRANTS (Tables)
NOTE 8 – WARRANTS (Tables) | 12 Months Ended |
Mar. 31, 2023 | |
Note 8 Warrants | |
Schedule of Stockholders' Equity Note, Warrants or Rights [Table Text Block] | Number of Warrants Weighted Weighted Aggregate Intrinsic Value Outstanding, March 31, 2021 40,000 $ 0.25 $ 0.18 $ — Issued — $ — $ — — Exercised — $ — $ — — Expired — $ — $ — — Outstanding, March 31, 2022 40,000 $ 0.25 $ 0.18 $ — Issued — $ — $ — — Exercised — $ — $ — — Expired — $ — $ — — Exercisable, March 31, 2023 40,000 $ 0.25 $ 0.18 $ — |
NOTE 10 _ INCOME TAX (Tables)
NOTE 10 – INCOME TAX (Tables) | 12 Months Ended |
Mar. 31, 2023 | |
Income Tax Disclosure [Abstract] | |
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block] | 2023 2022 Federal income tax benefit attributable to: Current Operations $ 367,600 $ 503,000 Less: valuation allowance (367,600 ) (503,000 ) Net provision for Federal income taxes $ — $ — |
Schedule of Deferred Tax Assets and Liabilities [Table Text Block] | 2023 2022 Deferred tax asset attributable to: Net operating loss carryover $ 3,594,000 $ 3,211,000 Less: valuation allowance (3,594,000 ) (3,211,000 ) Net deferred tax asset $ — $ — |
Liabilities measured at fair va
Liabilities measured at fair value on a recurring basis into the fair value hierarchy (Details) - USD ($) | Mar. 31, 2023 | Mar. 31, 2022 |
Fair Value, Inputs, Level 1 [Member] | ||
Platform Operator, Crypto-Asset [Line Items] | ||
Fair Value, Inputs, Level 2 [Member] | ||
Platform Operator, Crypto-Asset [Line Items] | ||
Fair Value, Inputs, Level 3 [Member] | ||
Platform Operator, Crypto-Asset [Line Items] | ||
88,169 | 157,507 | |
$ 88,169 | $ 157,507 |
NOTE 1 _ ORGANIZATION AND BUS_2
NOTE 1 – ORGANIZATION AND BUSINESS OPERATIONS (Details Narrative) | 11 Months Ended |
Mar. 31, 2022 USD ($) | |
Accounting Policies [Abstract] | |
[custom:RoyaltyAmountPaidMaximumAnnualLimitLicenseAgreement] | $ 8,000,000 |
NOTE 2 _ SUMMARY OF SIGNIFICA_4
NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative) | 12 Months Ended |
Mar. 31, 2023 shares | |
Convertible Debt Securities [Member] | |
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items] | |
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount | 2,888,650 |
Warrant [Member] | |
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items] | |
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount | 40,000 |
NOTE 3 _ GOING CONCERN (Details
NOTE 3 – GOING CONCERN (Details Narrative) - USD ($) | Mar. 31, 2023 | Mar. 31, 2022 |
Organization, Consolidation and Presentation of Financial Statements [Abstract] | ||
Retained Earnings (Accumulated Deficit) | $ (17,116,525) | $ (15,366,176) |
NOTE 4 _ ASSET PURCHASE (Detail
NOTE 4 – ASSET PURCHASE (Details Narrative) - USD ($) | 12 Months Ended | ||
Mar. 31, 2023 | Mar. 31, 2022 | Mar. 31, 2021 | |
Note 4 Asset Purchase | |||
[custom:CompanySharesReceivedByCryptosolar] | 16,000 | 100,000 | |
[custom:AdditionalSharesToBeIssuedToCryptosolar] | 36,000 | ||
[custom:NetProfitPercentageToBePaidToCryptoSolar] | 20% | ||
[custom:MonthlyConsultingFeePaid] | $ 4,000 | ||
[custom:PaymentForSettlementOfConsultingAgreementTermination] | $ 10,000 | ||
[custom:GainOnSettlementOfConsultingAgreementTermination] | $ 6,000 | ||
[custom:SharesIssuedAssetPurchaseAgreementPricePerShare] | $ 2 | $ 4.50 | |
[custom:NoncashExpenseOfShareIssuances] | $ 32,000 | $ 450,000 | |
[custom:NoncashExpenseOfShareIssuancesImpairment] | $ 32,000 | $ 450,000 |
Convertible notes (Details)
Convertible notes (Details) - USD ($) | 12 Months Ended | |
Mar. 31, 2023 | Mar. 31, 2022 | |
Short-Term Debt [Line Items] | ||
Ending balance | $ 25,000 | |
Ending balance | $ 47,844 | 56,103 |
Convertible Debt B 2 [Member] | ||
Short-Term Debt [Line Items] | ||
[custom:NoteHolder] | EROP Enterprises (1) | |
Debt Instrument, Issuance Date | Sep. 09, 2021 | |
Debt Instrument, Maturity Date | Sep. 09, 2022 | |
Debt Instrument, Interest Rate During Period | 8% | |
Ending balance | ||
Additions | ||
Conversions | (25,000) | |
Conversions | $ 25,000 | |
Convertible Debt B 3 [Member] | ||
Short-Term Debt [Line Items] | ||
[custom:NoteHolder] | EROP Enterprises (1) | |
Debt Instrument, Issuance Date | Nov. 12, 2021 | |
Debt Instrument, Maturity Date | Nov. 12, 2022 | |
Debt Instrument, Interest Rate During Period | 8% | |
Ending balance | 30,000 | |
Additions | ||
Conversions | (30,000) | |
Conversions | $ 30,000 | |
Convertible Debt B 4 [Member] | ||
Short-Term Debt [Line Items] | ||
[custom:NoteHolder] | EROP Enterprises (2) | |
Debt Instrument, Issuance Date | Jan. 12, 2022 | |
Debt Instrument, Maturity Date | Jan. 12, 2023 | |
Debt Instrument, Interest Rate During Period | 8% | |
Ending balance | 77,783 | |
Additions | ||
Conversions | (77,783) | |
Conversions | $ 77,783 | |
Convertible Debt B 5 [Member] | ||
Short-Term Debt [Line Items] | ||
[custom:NoteHolder] | EROP Enterprises (2) | |
Debt Instrument, Issuance Date | Jan. 13, 2022 | |
Debt Instrument, Maturity Date | Jan. 13, 2023 | |
Debt Instrument, Interest Rate During Period | 8% | |
Ending balance | 25,000 | |
Additions | ||
Conversions | (25,000) | |
Conversions | $ 25,000 | |
Convertible Debt A 7 [Member] | ||
Short-Term Debt [Line Items] | ||
[custom:NoteHolder] | Thirty 05, LLC (2) | |
Debt Instrument, Issuance Date | Jan. 25, 2022 | |
Debt Instrument, Maturity Date | Jan. 25, 2024 | |
Debt Instrument, Interest Rate During Period | 8% | |
Ending balance | $ 5,000 | 5,000 |
Additions | ||
Conversions | ||
Conversions | ||
Convertible Debt B 6 [Member] | ||
Short-Term Debt [Line Items] | ||
[custom:NoteHolder] | EROP Enterprises (3) | |
Debt Instrument, Issuance Date | Mar. 04, 2022 | |
Debt Instrument, Maturity Date | Mar. 04, 2023 | |
Debt Instrument, Interest Rate During Period | 8% | |
Ending balance | 20,000 | |
Additions | ||
Conversions | (20,000) | |
Conversions | $ 20,000 | |
Convertible Debt A 8 [Member] | ||
Short-Term Debt [Line Items] | ||
[custom:NoteHolder] | Thirty 05, LLC (3) | |
Debt Instrument, Issuance Date | Mar. 07, 2022 | |
Debt Instrument, Maturity Date | Mar. 07, 2024 | |
Debt Instrument, Interest Rate During Period | 8% | |
Ending balance | $ 2,500 | 2,500 |
Additions | ||
Conversions | ||
Conversions | ||
Convertible Debt A 9 [Member] | ||
Short-Term Debt [Line Items] | ||
[custom:NoteHolder] | Thirty 05, LLC (3) | |
Debt Instrument, Issuance Date | May 19, 2022 | |
Debt Instrument, Maturity Date | May 19, 2023 | |
Debt Instrument, Interest Rate During Period | 8% | |
Ending balance | $ 15,000 | |
Additions | 15,000 | |
Conversions | ||
Conversions | ||
Convertible Debt B 7 [Member] | ||
Short-Term Debt [Line Items] | ||
[custom:NoteHolder] | EROP Enterprises (3) | |
Debt Instrument, Issuance Date | May 24, 2022 | |
Debt Instrument, Maturity Date | May 24, 2023 | |
Debt Instrument, Interest Rate During Period | 8% | |
Ending balance | ||
Additions | 20,000 | |
Conversions | (20,000) | |
Conversions | $ 20,000 | |
Convertible Debt B 8 [Member] | ||
Short-Term Debt [Line Items] | ||
[custom:NoteHolder] | EROP Enterprises (4) | |
Debt Instrument, Issuance Date | Nov. 14, 2022 | |
Debt Instrument, Maturity Date | Nov. 14, 2023 | |
Debt Instrument, Interest Rate During Period | 8% | |
Ending balance | $ 10,000 | |
Additions | 10,000 | |
Conversions | ||
Conversions | ||
Convertible Debt B 9 [Member] | ||
Short-Term Debt [Line Items] | ||
[custom:NoteHolder] | EROP Enterprises (5) | |
Debt Instrument, Issuance Date | Dec. 15, 2022 | |
Debt Instrument, Maturity Date | Dec. 15, 2023 | |
Debt Instrument, Interest Rate During Period | 8% | |
Ending balance | $ 51,444 | |
Additions | 51,444 | |
Conversions | ||
Conversions | ||
Convertible Debt B 10 [Member] | ||
Short-Term Debt [Line Items] | ||
[custom:NoteHolder] | EROP Enterprises (5) | |
Debt Instrument, Issuance Date | Dec. 29, 2022 | |
Debt Instrument, Maturity Date | Dec. 29, 2023 | |
Debt Instrument, Interest Rate During Period | 8% | |
Ending balance | $ 25,000 | |
Additions | 25,000 | |
Conversions | ||
Conversions | ||
Convertible Debt B 11 [Member] | ||
Short-Term Debt [Line Items] | ||
[custom:NoteHolder] | EROP Enterprises (5) | |
Debt Instrument, Issuance Date | Feb. 13, 2023 | |
Debt Instrument, Maturity Date | Feb. 13, 2024 | |
Debt Instrument, Interest Rate During Period | 8% | |
Ending balance | $ 10,000 | |
Additions | 10,000 | |
Conversions | ||
Conversions | ||
Convertible Debt B 12 [Member] | ||
Short-Term Debt [Line Items] | ||
[custom:NoteHolder] | EROP Enterprises (6) | |
Debt Instrument, Issuance Date | Mar. 28, 2023 | |
Debt Instrument, Maturity Date | Mar. 28, 2024 | |
Debt Instrument, Interest Rate During Period | 8% | |
Ending balance | $ 20,000 | |
Additions | 20,000 | |
Conversions | ||
Conversions | ||
Convertible Debt Totals [Member] | ||
Short-Term Debt [Line Items] | ||
Ending balance | 138,944 | 185,283 |
Additions | 151,444 | |
Conversions | (197,783) | |
Conversions | 197,783 | |
Ending balance | (91,100) | (129,180) |
Ending balance | $ 47,844 | $ 56,103 |
Summary of the activity of the
Summary of the activity of the derivative liability for the notes (Details) - USD ($) | 12 Months Ended | |
Mar. 31, 2023 | Mar. 31, 2022 | |
Short-Term Debt [Line Items] | ||
Balance at March 31, 2021 | $ 157,507 | |
Balance at March 31, 2023 | 88,169 | $ 157,507 |
Derivative Liabilities [Member] | ||
Short-Term Debt [Line Items] | ||
Balance at March 31, 2021 | 157,507 | |
Increase to derivative due to new issuances | 284,436 | 809,212 |
Decrease to derivative due to conversion/repayments | (1,357,372) | (339,324) |
Derivative loss due to mark to market adjustment | 1,003,598 | (455,023) |
Balance at March 31, 2023 | $ 88,169 | $ 157,507 |
Assumptions used in measuring f
Assumptions used in measuring fair value of derivative liability (Details) - $ / shares | 12 Months Ended | |
Mar. 31, 2023 | Mar. 31, 2022 | |
Short-Term Debt [Line Items] | ||
Share Price | $ 0.051 | $ 0.0255 |
[custom:ConversionPriceMinimum] | 0.015 | |
[custom:ConversionPriceMaximum] | $ 0.056 | $ 0.0172 |
Share-Based Compensation Arrangement by Share-Based Payment Award, Fair Value Assumptions, Expected Volatility Rate, Minimum | 187.53% | 122.88% |
Share-Based Compensation Arrangement by Share-Based Payment Award, Fair Value Assumptions, Expected Volatility Rate, Maximum | 200.08% | 146.18% |
Share-Based Compensation Arrangement by Share-Based Payment Award, Fair Value Assumptions, Risk Free Interest Rate, Minimum | 4.64% | 0.44% |
Share-Based Compensation Arrangement by Share-Based Payment Award, Fair Value Assumptions, Risk Free Interest Rate, Maximum | 4.94% | 1.63% |
Share-Based Compensation Arrangement by Share-Based Payment Award, Fair Value Assumptions, Expected Dividend Rate | ||
Share-Based Compensation Arrangement by Share-Based Payment Award, Fair Value Assumptions, Expected Term | 1 month 17 days | 5 months 8 days |
[custom:SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm2] | 11 months 26 days | 11 months 4 days |
Debt Conversion [Member] | ||
Short-Term Debt [Line Items] | ||
Share Price | $ 0.0141 | $ 0.058 |
[custom:ConversionPriceMinimum] | 0.0106 | 0.0291 |
[custom:ConversionPriceMaximum] | $ 0.0105 | $ 0.0452 |
Share-Based Compensation Arrangement by Share-Based Payment Award, Fair Value Assumptions, Expected Volatility Rate, Minimum | 140.81% | 91.30% |
Share-Based Compensation Arrangement by Share-Based Payment Award, Fair Value Assumptions, Expected Volatility Rate, Maximum | 196.26% | 141.80% |
Share-Based Compensation Arrangement by Share-Based Payment Award, Fair Value Assumptions, Risk Free Interest Rate, Minimum | 1.15% | 0.05% |
Share-Based Compensation Arrangement by Share-Based Payment Award, Fair Value Assumptions, Risk Free Interest Rate, Maximum | 4.72% | 0.17% |
Share-Based Compensation Arrangement by Share-Based Payment Award, Fair Value Assumptions, Expected Dividend Rate | ||
Share-Based Compensation Arrangement by Share-Based Payment Award, Fair Value Assumptions, Expected Term | 3 months | 3 months |
[custom:SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm2] | 5 months 12 days | 1 year |
[custom:SharePriceMinimum-0] | $ 0.01 | $ 0.047 |
NOTE 5 _ CONVERTIBLE NOTES PA_3
NOTE 5 – CONVERTIBLE NOTES PAYABLE (Details Narrative) - USD ($) | Mar. 31, 2023 | Mar. 31, 2022 |
Short-Term Debt [Line Items] | ||
Accrued Liabilities, Current | $ 0 | $ 3,991 |
Convertible Notes Payable [Member] | ||
Short-Term Debt [Line Items] | ||
Accrued Liabilities, Current | $ 3,889 | $ 4,780 |
Summary of loans payable (Detai
Summary of loans payable (Details) - USD ($) | 12 Months Ended | |
Mar. 31, 2023 | Mar. 31, 2022 | |
Short-Term Debt [Line Items] | ||
Ending balance | $ 25,000 | |
Loans Payable A 1 [Member] | ||
Short-Term Debt [Line Items] | ||
[custom:NoteHolder] | Third party | |
Debt Instrument, Issuance Date | Aug. 24, 2020 | |
Debt Instrument, Maturity Date | Aug. 24, 2021 | |
Debt Instrument, Interest Rate During Period | 0% | |
Ending balance | $ 14,165 | 14,165 |
Additions | ||
Repayments | ||
Repayments | ||
Loans Payable B 1 [Member] | ||
Short-Term Debt [Line Items] | ||
[custom:NoteHolder] | Byron Hampton | |
Debt Instrument, Issuance Date | Aug. 24, 2020 | |
Debt Instrument, Maturity Date | Aug. 24, 2021 | |
Debt Instrument, Interest Rate During Period | 8% | |
Ending balance | 9,990 | |
Additions | ||
Repayments | 9,990 | |
Repayments | $ (9,990) | |
Loans Payable B 2 [Member] | ||
Short-Term Debt [Line Items] | ||
[custom:NoteHolder] | Byron Hampton | |
Debt Instrument, Issuance Date | Dec. 22, 2020 | |
Debt Instrument, Maturity Date | Dec. 22, 2021 | |
Debt Instrument, Interest Rate During Period | 8% | |
Ending balance | 5,000 | |
Additions | ||
Repayments | 5,000 | |
Repayments | $ (5,000) | |
Loans Payable B 3 [Member] | ||
Short-Term Debt [Line Items] | ||
[custom:NoteHolder] | Byron Hampton | |
Debt Instrument, Issuance Date | Dec. 30, 2020 | |
Debt Instrument, Maturity Date | Dec. 30, 2021 | |
Debt Instrument, Interest Rate During Period | 8% | |
Ending balance | 20,000 | |
Additions | ||
Repayments | 20,000 | |
Repayments | $ (20,000) | |
Loans Payable C 1 [Member] | ||
Short-Term Debt [Line Items] | ||
[custom:NoteHolder] | EROP Enterprises | |
Debt Instrument, Issuance Date | Aug. 11, 2022 | |
Debt Instrument, Maturity Date | Aug. 11, 2023 | |
Debt Instrument, Interest Rate During Period | 8% | |
Ending balance | ||
Additions | 50,000 | |
Repayments | 50,000 | |
Repayments | (50,000) | |
Loans Payable Totals [Member] | ||
Short-Term Debt [Line Items] | ||
Ending balance | 14,165 | $ 49,155 |
Additions | 50,000 | |
Repayments | 84,990 | |
Repayments | $ (84,990) |
NOTE 6 _ LOANS PAYABLE (Details
NOTE 6 – LOANS PAYABLE (Details Narrative) - USD ($) | 12 Months Ended | ||||
Mar. 31, 2023 | Mar. 31, 2022 | Dec. 15, 2022 | Aug. 11, 2022 | Jul. 19, 2022 | |
Short-Term Debt [Line Items] | |||||
Long-Term Debt, Gross | $ 25,000 | ||||
Stock Issued During Period, Value, Conversion of Convertible Securities | $ 1,566,208 | 890,145 | |||
Accrued Liabilities, Current | $ 0 | $ 3,991 | |||
Loans Payable B [Member] | |||||
Short-Term Debt [Line Items] | |||||
Long-Term Debt, Gross | $ 39,684 | ||||
Debt Instrument, Interest Rate During Period | 8% | ||||
Stock Issued During Period, Value, Conversion of Convertible Securities | $ 39,684 | ||||
Stock Issued During Period, Shares, Conversion of Convertible Securities | 79,368 | ||||
Loans Payable C [Member] | |||||
Short-Term Debt [Line Items] | |||||
Long-Term Debt, Gross | $ 50,000 | ||||
Debt Instrument, Interest Rate During Period | 8% | ||||
[custom:InterestExchangedForNewConvertiblePromissoryNote-0] | $ 1,444 |
NOTE 7 _ COMMON STOCK (Details
NOTE 7 – COMMON STOCK (Details Narrative) - USD ($) | 2 Months Ended | 12 Months Ended | |
Mar. 31, 2023 | Mar. 31, 2023 | Mar. 31, 2022 | |
Accumulated Other Comprehensive Income (Loss) [Line Items] | |||
Stockholders' Equity, Reverse Stock Split | 1 for 25 | ||
Stock Issued During Period, Shares, Reverse Stock Splits | 500,000,000 | ||
[custom:CommonStockReclassedToAdditionalPaidInCapital] | $ 592,619 | ||
Share-Based Payment Arrangement, Noncash Expense | $ 1,536,419 | ||
Shares Issued For Services 1 [Member] | |||
Accumulated Other Comprehensive Income (Loss) [Line Items] | |||
Stock Issued During Period, Shares, Reverse Stock Splits | 100,000 | ||
[custom:CommonStockToBeIssued] | $ 450,000 | ||
Shares Issued For Services 2 [Member] | |||
Accumulated Other Comprehensive Income (Loss) [Line Items] | |||
Stock Issued During Period, Shares, Reverse Stock Splits | 198,000 | ||
Share-Based Payment Arrangement, Noncash Expense | $ 388,000 | ||
Shares Issued For Services 3 [Member] | |||
Accumulated Other Comprehensive Income (Loss) [Line Items] | |||
Stock Issued During Period, Shares, Reverse Stock Splits | 9,660 | ||
Share-Based Payment Arrangement, Noncash Expense | $ 28,980 | ||
Shares Issued For Services 4 [Member] | |||
Accumulated Other Comprehensive Income (Loss) [Line Items] | |||
Stock Issued During Period, Shares, Reverse Stock Splits | 2,000 | ||
Share-Based Payment Arrangement, Noncash Expense | $ 5,500 | ||
Shares Issued For Services 5 [Member] | |||
Accumulated Other Comprehensive Income (Loss) [Line Items] | |||
Stock Issued During Period, Shares, Reverse Stock Splits | 4,000 | ||
Share-Based Payment Arrangement, Noncash Expense | $ 9,000 | ||
Shares Issued For Services 6 [Member] | |||
Accumulated Other Comprehensive Income (Loss) [Line Items] | |||
Stock Issued During Period, Shares, Reverse Stock Splits | 2,000 | ||
Share-Based Payment Arrangement, Noncash Expense | $ 3,000 | ||
Shares Issued For Conversion Of Liabilities 1 [Member] | |||
Accumulated Other Comprehensive Income (Loss) [Line Items] | |||
Stock Issued During Period, Shares, Reverse Stock Splits | 9,660 | ||
[custom:StockIssuedDuringPeriodValueSettlementOfAccountsPayable] | $ 24,150 | ||
[custom:GainLossOnIssuanceOfStockToSettleAccountsPayable] | 4,830 | ||
[custom:GainLossOnIssuanceOfStockToSettleAccountsPayable] | $ (4,830) | ||
Shares Issued For Conversion Of Liabilities 2 [Member] | |||
Accumulated Other Comprehensive Income (Loss) [Line Items] | |||
Stock Issued During Period, Shares, Reverse Stock Splits | 10,000 | ||
[custom:StockIssuedDuringPeriodValueSettlementOfAccountsPayable] | $ 20,000 | ||
Shares Issued For Conversion Of Liabilities 3 [Member] | |||
Accumulated Other Comprehensive Income (Loss) [Line Items] | |||
Stock Issued During Period, Shares, Reverse Stock Splits | 2,000 | ||
[custom:StockIssuedDuringPeriodValueSettlementOfAccountsPayable] | $ 5,000 | ||
[custom:GainLossOnIssuanceOfStockToSettleAccountsPayable] | (3,269) | ||
[custom:GainLossOnIssuanceOfStockToSettleAccountsPayable] | $ 3,269 | ||
Shares Issued For Conversion Of Liabilities 4 [Member] | |||
Accumulated Other Comprehensive Income (Loss) [Line Items] | |||
Stock Issued During Period, Shares, Reverse Stock Splits | 4,000 | ||
[custom:StockIssuedDuringPeriodValueSettlementOfAccountsPayable] | $ 8,412 | ||
Shares Issued For Conversion Of Liabilities 5 [Member] | |||
Accumulated Other Comprehensive Income (Loss) [Line Items] | |||
Stock Issued During Period, Shares, Reverse Stock Splits | 580,911 | ||
[custom:StockIssuedDuringPeriodValueConversionOfDebtPrincipal] | $ 517,500 | ||
[custom:StockIssuedDuringPeriodValueConversionOfDebtInterest] | $ 27,579 | ||
Common Stock 10 [Member] | |||
Accumulated Other Comprehensive Income (Loss) [Line Items] | |||
[custom:StockIssuedDuringPeriodValueConversionOfDebtPrincipal] | 197,783 | ||
[custom:StockIssuedDuringPeriodValueConversionOfDebtInterest] | $ 9,812 | ||
[custom:StockIssuedDuringPeriodSharesConversionOfDebt] | 773,412 | ||
Common Stock 11 [Member] | |||
Accumulated Other Comprehensive Income (Loss) [Line Items] | |||
[custom:StockIssuedDuringPeriodValueConversionOfDebtPrincipal] | $ 39,684 | ||
[custom:StockIssuedDuringPeriodSharesConversionOfDebt] | 79,368 |
Summary of the status of outsta
Summary of the status of outstanding stock warrants and changes (Details) - USD ($) | 12 Months Ended | |
Mar. 31, 2023 | Mar. 31, 2022 | |
Class of Warrant or Right [Line Items] | ||
Weighted average price, outstanding at beginning of period | $ 0.25 | |
Stock Warrant [Member] | ||
Class of Warrant or Right [Line Items] | ||
Number of warrants, outstanding at beginning of period | 40,000 | 40,000 |
Weighted average price, outstanding at beginning of period | $ 0.25 | $ 0.25 |
Weighted average fair value, outstanding at beginning of period | $ 0.18 | $ 0.18 |
Aggregate intrinsic value, outstanding at beginning of period | ||
Number of warrants, outstanding at beginning of period | ||
Weighted average price, outstanding at beginning of period | ||
Weighted average fair value, outstanding at beginning of period | ||
Number of warrants, outstanding at beginning of period | ||
Weighted average price, outstanding at beginning of period | ||
Weighted average fair value, outstanding at beginning of period | ||
Number of warrants, outstanding at beginning of period | ||
Weighted average price, outstanding at beginning of period | ||
Weighted average fair value, outstanding at beginning of period | ||
Number of warrants, outstanding at beginning of period | 40,000 | 40,000 |
Weighted average price, outstanding at beginning of period | $ 0.25 | $ 0.25 |
Weighted average fair value, outstanding at beginning of period | $ 0.18 | |
Aggregate intrinsic value, outstanding at beginning of period | ||
Number of warrants, outstanding at beginning of period | 40,000 | |
Weighted average price, outstanding at beginning of period | $ 0.25 | |
Weighted average fair value, outstanding at beginning of period | $ 0.18 | |
Aggregate intrinsic value, outstanding at beginning of period |
NOTE 8 _ WARRANTS (Details Narr
NOTE 8 – WARRANTS (Details Narrative) - USD ($) | 12 Months Ended | |||
Mar. 31, 2023 | Mar. 31, 2022 | Apr. 15, 2021 | Mar. 31, 2021 | |
Class of Warrant or Right [Line Items] | ||||
Class of Warrant or Right, Outstanding | 40,000 | |||
Class of Warrant or Right, Exercise Price of Warrants or Rights | $ 0.25 | |||
[custom:AggregateFairValueOfWarrants] | $ 180,000 | |||
[custom:WarrantsEstimatesUsedStockPrice-0] | $ 4.50 | |||
[custom:WarrantsEstimatesUsedExercisePrice] | $ 0.25 | |||
[custom:WarrantsEstimatesUsedRiskFreeRate] | 1.57% | |||
[custom:WarrantsEstimatesUsedVolatility] | 735.46% | |||
Weighted average price, outstanding at beginning of period | $ 0.25 | |||
Stock Warrant [Member] | ||||
Class of Warrant or Right [Line Items] | ||||
Class of Warrant or Right, Outstanding | 40,000 | 40,000 | 40,000 | |
Class of Warrant or Right, Exercise Price of Warrants or Rights | $ 0.25 | $ 0.25 | $ 0.25 | |
Range of exercise prices | $ 0.25 | |||
Number of warrants, outstanding at beginning of period | 40,000 | |||
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Outstanding, Weighted Average Remaining Contractual Terms | 6 months 14 days | |||
Weighted average price, outstanding at beginning of period | $ 0.25 |
NOTE 9 _ RELATED PARTY TRANSA_2
NOTE 9 – RELATED PARTY TRANSACTIONS (Details Narrative) - USD ($) | 12 Months Ended | |
Mar. 31, 2023 | Mar. 31, 2022 | |
Related Party Transactions [Abstract] | ||
Salary and Wage, Officer, Excluding Cost of Good and Service Sold | $ 34,000 | $ 40,000 |
Accounts Payable and Other Accrued Liabilities | 18,000 | $ 4,000 |
[custom:StockIssuedDuringPeriodSharesRelatedParties2] | 400,000 | |
[custom:StockIssuedDuringPeriodPricePerShareRelatedParties2] | $ 0.90 | |
[custom:StockIssuedRelatedPartyNonCashStockCompensationExpense2] | $ 360,000 | |
[custom:ConversionOfPayablesIntoCommonStockAmount] | $ 22,500 | |
[custom:ConversionOfPayablesIntoCommonStockShares] | 70,000 | |
[custom:AmountsOwedToRelatedPartyForDirectorFees-0] | $ 7,500 |
Provision for Federal income ta
Provision for Federal income tax (Details) - USD ($) | 12 Months Ended | |
Mar. 31, 2023 | Mar. 31, 2022 | |
Income Tax Disclosure [Abstract] | ||
Current Operations | $ 367,600 | $ 503,000 |
Less: valuation allowance | (367,600) | (503,000) |
Net provision for Federal income taxes |
Cumulative tax effect of signif
Cumulative tax effect of significant items comprising net deferred tax amount (Details) - USD ($) | Mar. 31, 2023 | Mar. 31, 2022 |
Income Tax Disclosure [Abstract] | ||
Net operating loss carryover | $ 3,594,000 | $ 3,211,000 |
Less: valuation allowance | (3,594,000) | (3,211,000) |
Net deferred tax asset |
NOTE 10 _ INCOME TAX (Details N
NOTE 10 – INCOME TAX (Details Narrative) | Mar. 31, 2023 USD ($) |
Income Tax Disclosure [Abstract] | |
Operating Loss Carryforwards | $ 3,594,000 |
NOTE 11 _ SUBSEQUENT EVENTS (De
NOTE 11 – SUBSEQUENT EVENTS (Details Narrative) | Jun. 14, 2023 USD ($) |
Subsequent Events [Abstract] | |
Debt Instrument, Face Amount | $ 25,000 |
Debt Instrument, Interest Rate, Stated Percentage | 8% |