Right On Brands (RTON) 10-Q 20 Feb 18 2018 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Dec. 31, 2017	Feb. 19, 2018
Document And Entity Information
Entity Registrant Name	Right On Brands, Inc.
Entity Central Index Key	1,580,262
Document Type	10-Q
Document Period End Date	Dec. 31, 2017
Amendment Flag	false
Current Fiscal Year End Date	--03-31
Entity a Well-known Seasoned Issuer	No
Entity a Voluntary Filer	No
Entity's Reporting Status Current	Yes
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		55,943,869
Document Fiscal Period Focus	Q3
Document Fiscal Year Focus	2,018

BALANCE SHEETS

BALANCE SHEETS - USD ($)	Dec. 31, 2017	Mar. 31, 2017
Current assets
Cash	$ 32,995	$ 130,787
Accounts receivable	756
Prepaid expense	16,719	8,833
Prepaid stock compensation	224,935
Inventory	31,975	26,144
Deposit	2,000	2,000
Total current assets	309,380	167,764
Non-current assets
Net property and equipment	16,928	13,159
Net intangible assets	922	1,024
Investments	101,470
Total non-current assets	119,320	14,183
Total assets	428,700	181,947
Current liabilities
Accounts payable	18,715	10,154
Accrued executive compensation		9,869
Accrued interest payable	3,897	3,927
Net convertible debt	44,889	68,000
Total current liabilities	67,501	91,950
Total liabilities	67,501	91,950
Stockholders' equity (deficit)
Common stock; par value $.001; 100,000,000 shares authorized 54,991,369 and 50,215,585 shares issued December 31, 2017 and March 31, 2017, respectively	54,992	50,216
Additional paid-in capital	3,470,593	2,867,580
Common stock payable	505,083	464,000
Accumulated deficit	(3,674,469)	(3,296,799)
Total stockholders' equity (deficit)	361,199	89,997
Total liabilities and stockholders' equity (deficit)	428,700	181,947
Series A Preferred Stock [Member]
Stockholders' equity (deficit)
Preferred Stock	$ 5,000	$ 5,000

BALANCE SHEETS (Parenthetical)

BALANCE SHEETS (Parenthetical) - $ / shares	Dec. 31, 2017	Mar. 31, 2017
Common stock, par value	$ .001	$ .001
Common stock, shares authorized	100,000,000	100,000,000
Common stock, shares issued	54,991,369	50,215,585
Series A Preferred Stock [Member]
Preferred stock, par value	$ 0.001	$ 0.001
Preferred stock, shares authorized	10,000,000	10,000,000
Preferred stock, shares issued	5,000,000	5,000,000

STATEMENTS OF OPERATIONS (unaud

STATEMENTS OF OPERATIONS (unaudited) - USD ($)	3 Months Ended		9 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2017	Dec. 31, 2016
Statements Of Operations
Revenue	$ 1,852	$ 105	$ 4,558	$ 587
Cost of goods sold	907		2,799
Gross profit	945	105	1,759	587
Operating expenses
Depreciation and amortization	5,584	5,000	19,858	15,000
General and administrative	90,936	12,456	189,798	24,194
Advertising and promotion	12,150	11,647	48,535	14,191
Legal and professional	13,420	18,157	54,428	26,279
Executive compensation	18,000	15,000	64,162	15,000
Total operating expenses	140,090	62,260	376,781	94,664
Other expenses
Interest expense	(1,459)	(1,144)	(2,648)	(1,144)
Loss on extinguishment of debt		(2,770,451)		(2,770,451)
Total other expenses	(1,459)	(2,771,595)	(2,648)	(2,771,595)
Net loss	$ (140,604)	$ (2,833,750)	$ (377,670)	$ (2,865,672)
Loss per share
Basic and diluted loss per share	$ 0	$ (0.06)	$ (0.01)	$ (0.08)
Basic and diluted weighted average shares outstanding	53,629,412	48,328,085	52,793,373	37,865,752

STATEMENTS OF CASH FLOWS (unaud

STATEMENTS OF CASH FLOWS (unaudited) - USD ($)	9 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Cash flows (used in) operating activities
Net loss	$ (377,670)	$ (2,865,672)
Adjustments to reconcile net loss to net cash used in operating activities
Depreciation and amortization	19,858	15,000
Loss on extinguishment of debt		2,770,451
Amortization of prepaid stock compensation	53,148
Amortization of debt discount	889
(Increase) decrease in assets
Accounts receivable	(756)
Prepaid expense	(7,886)
Inventory	(5,831)
Deposit
Increase (decrease) in liabilities
Accounts payable	8,561	7,480
Accrued interest payable	1,759	1,145
Accrued executive compensation	(9,869)
Net cash (used in) operating activities	(317,797)	(71,596)
Cash flows (used in) investing activities
Purchase investments	(101,470)
Purchase automobile	(13,597)
Purchase tenant improvements	(8,606)
Purchase office equipment	(1,322)	(1,780)
Net cash (used in) investing activities	(124,995)	(1,780)
Cash flows provided by financing activities
Cash acquired at merger		18,971
Proceeds from due to officers		16,850
(Repayments) on due to officers		(3,050)
Proceeds from convertible debt	50,000
Proceeds from issuances of common stock	295,000	92,600
Net cash provided by financing activities	345,000	125,371
Increase (decrease) in cash	(97,792)	51,995
Cash-beginning of period	130,787	3,019
Cash-end of period	32,995	55,014
Supplemental cash flow information
Cash paid for Interest
Cash paid for income taxes
Non-cash activities
Accounts payable assigned to former officers and directors		10,000
Convertible debt converted into common stock	$ 121,191	$ 129,549

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	9 Months Ended
	Dec. 31, 2017
Notes to Financial Statements
1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	The interim unaudited condensed financial statements as of December 31, 2017 and 2016 have been prepared in accordance with accounting principles generally accepted in the United States for interim financial information on the same basis as the annual financial statements and in the opinion of management, reflect all adjustments, which include only normal recurring adjustments, necessary to present fairly the Company’s financial position, results of operations and cash flows for the periods shown. The results of operations for such periods are not necessarily indicative of the results expected for a full year or for any future period. They do not include all of the information and footnotes required by generally accepted accounting principles for complete financial statements. Therefore, these condensed financial statements should be read in conjunction with the Company’s audited consolidated financial statements and notes thereto for the year ended March 31, 2017 filed with the SEC on form 10-K on July 14, 2017. Cash and Cash Equivalents The Company considers all highly liquid debt instruments purchased with an original maturity of six months or less to be cash equivalents. Property and Equipment Property and equipment are stated at cost. Depreciation is provided by the straight-line method over the useful lives of the related assets, from five to seven years. The cost of building the Company’s website has been capitalized and amortized over a period of six years. Expenditures for minor enhancements and maintenance are expensed as incurred. Inventory Inventories are stated at the lower of cost (average cost) or market (net realizable value). Inventory consists of raw materials, work in process inventory and finished goods inventory of $24,993, $0 and $6,982, respectively. 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 could differ from those estimates. Income Taxes The Company is subject to income taxes in the U.S. Significant judgment is required in evaluating our uncertain tax positions and determining our provision for income taxes. In accordance with FASB ASC Topic 740, “Income Taxes,” the Company provides for the recognition of deferred tax assets if realization of such assets is more likely than not. The Company accounts for income tax under the provisions of FASB ASC Topic 740, “Income Taxes”, which requires recognition of deferred tax assets and liabilities for the expected future tax consequences of the events that have been included in the financial statements or tax returns. Deferred income taxes are recognized for all significant temporary differences between tax and financial statements bases of assets and liabilities. Valuation allowances are established against net deferred tax assets when it is more likely than not that some portion or all of the deferred tax asset will not be realized. Fair Value of Financial Instruments The Company applies the provisions of accounting guidance, FASB Topic ASC 825 that requires all entities to disclose the fair value of financial instruments, both assets and liabilities recognized and not recognized on the balance sheet, for which it is practicable to estimate fair value, and defines fair value of a financial instrument as the amount at which the instrument could be exchanged in a current transaction between willing parties. As of December 31, 2017 and March 31, 2017 the fair value of cash and accounts payable, approximated carrying value due to the short maturity of the instruments, quoted market prices or interest rates which fluctuate with market rates. Convertible Instruments The Company evaluates and account for conversion options embedded in convertible instruments in accordance with ASC 815 “ Derivatives and Hedging Activities Applicable GAAP requires companies to bifurcate conversion options from their host instruments and account for them as free standing derivative financial instruments according to certain criteria. The criteria include circumstances in which (a) the economic characteristics and risks of the embedded derivative instrument are not clearly and closely related to the economic characteristics and risks of the host contract, (b) the hybrid instrument that embodies both the embedded derivative instrument and the host contract is not re-measured at fair value under other GAAP with changes in fair value reported in earnings as they occur and (c) a separate instrument with the same terms as the embedded derivative instrument would be considered a derivative instrument. The Company accounts for convertible instruments (when it has been determined that the embedded conversion options should not be bifurcated from their host instruments) as follows: The Company records when necessary, discounts to convertible notes for the intrinsic value of conversion options embedded in debt instruments based upon the differences between the fair value of the underlying common stock at the commitment date of the note transaction and the effective conversion price embedded in the note. Debt discounts under these arrangements are amortized over the term of the related debt to their stated date of redemption.

GOING CONCERN

GOING CONCERN	9 Months Ended
	Dec. 31, 2017
Notes to Financial Statements
2. GOING CONCERN	The accompanying financial statements have been prepared assuming the Company will continue as a going concern, which contemplates, among other things, the realization of assets and satisfaction of liabilities in the normal course of business. For the nine months ended December 31, 2017, the Company had an accumulated deficit of approximately $3,674,000, had net losses of approximately $378,000, and net cash used in operating activities of approximately $318,000, with little revenue earned since inception, and a lack of operational history. These matters, among others, raise substantial doubt about the Company’s ability to continue as a going concern. While the Company is attempting to generate greater revenues, the Company’s cash position may not be significant enough to support the Company’s daily operations. The Company has completed an acquisition in hopes to increase revenue and profitability. Management intends to raise additional funds by way of additional public and/or private offerings of its stock. Management believes that the actions presently being taken to further implement its business plan and generate revenues provide the opportunity for the Company to continue as a going concern. While the Company believes in the viability of its strategy to generate revenues and in its ability to raise additional funds, there can be no assurances to that effect. The ability of the Company to continue as a going concern is dependent upon the Company’s ability to further implement its business plan and generate revenues. The financial statements do not include any adjustments that might be necessary if the Company is unable to continue as a going concern.

PROPERTY AND EQUIPMENT

PROPERTY AND EQUIPMENT	9 Months Ended
	Dec. 31, 2017
Notes to Financial Statements
3. PROPERTY AND EQUIPMENT	As of December 31, 2017 As of March 31, 2017 Website development $ 88,965 $ 88,965 Automobile 13,597 - Studio and office equipment 26,966 25,645 Tenant improvements 11,135 2,528 140,663 117,138 Less: accumulated depreciation and amortization (123,735 ) (103,979 ) Ending Balance $ 16,928 $ 13,159 Depreciation and amortization expense for the nine months ended December 31, 2017 and 2016 were $19,858 and $15,000, respectively.

INVESTMENT

INVESTMENT	9 Months Ended
	Dec. 31, 2017
Notes to Financial Statements
4. INVESTMENT	Investments in partnerships, joint ventures and less-than-majority-owned subsidiaries in which we have significant influence are accounted for under the equity method. As of December 31, 2017, our investment includes a venture for the development of a commercial bottled water operation near Browning, Montana. The new venture will be operated through Spring Hill Water Company, LLC, a Nevada limited liability company (“Spring Hill”). Spring Hill is 49% owned by our newly-formed subsidiary corporation, Humble Water Company, and 51% owned by Doore, LLC. Doore, LLC, which will serve as the Manager of Spring Hill, has contributed the land and water source to be used in the new operation through a Land & Water Lease Agreement under which Spring Hill will have the use of 2 acres of land and no less than 5 acre-feet of water for an initial term of 25 years and at a lease rate of $1 per year. Through Humble Water Company, our initial capital contribution to Spring Hill will be $100,000 to be used in commencing operations. In addition, we have committed to provide additional capital to be used for a bottling facility and equipment, in an amount up to $530,000, within the next 3 years. Should we fail to provide this additional capital within the next 3 years, our ownership percentage in Spring Hill will be reduced from 49% to 20%. Although we hold a minority ownership percentage in Spring Hill, we will have voting control over the company with 75% of the voting membership units. Further, 100% of the losses, expenditures, and deductions from Spring Hill will be allocated to our subsidiary, Humble Water Company. As of December 31, 2017, our investment is $101,470.

CONVERTIBLE DEBT

CONVERTIBLE DEBT	9 Months Ended
	Dec. 31, 2017
Notes to Financial Statements
5. CONVERTIBLE DEBT	During September 2016, the Company agreed to allow four unrelated noteholders holding a total of $129,549 in debt to convert into 5,000,000 shares of common stock which is a conversion rate of approximately $0.03 per share. There is no maturity date and no interest rate. The debt was acquired from John and Vicki Yawn. During October 2016, the Company extinguished $129,549 of debt in exchange for 5,000,000 shares of newly issued common stock. A total of 4,200,000 shares were issued to three of the four noteholders. As of December 31, 2016, the remaining balance of 800,000 shares of common stock which is due to one noteholder is recorded in common stock payable at the fair value of the common stock of $464,000. The Company recorded a loss on extinguishment of debt of $2,770,451. The Company acquired convertible debt from the acquisition of Humbly Hemp as described below. On February 1, 2016, the Company issued a convertible promissory note with an entity for $5,000. The unsecured note bears interest at 8% per annum and is due on January 31, 2017. This note is convertible at $0.01 per share and can be converted on or before the maturity date. The Company and lender mutually agreed to extend the maturity date of the note to March 10, 2017. During the nine months ended December 31, 2017, the entire principal amount was converted into 500,000 shares of common stock. On February 8, 2016, the Company issued a convertible promissory note with an entity for $8,000. The unsecured note bears interest at 8% per annum and is due on February 7, 2017. This note is convertible at $0.02 per share and can be converted on or before the maturity date. The Company and lender mutually agreed to extend the maturity date of the note to March 10, 2017. During the nine months ended December 31, 2017, the entire balance of principal amount of $8,000 and accrued interest of $822 and was converted into 441,118 shares of common stock. On April 11, 2016, the Company issued a convertible promissory note with an entity for $10,000. The unsecured note bears interest at 8% per annum and is due on February 7, 2017. This note is convertible at $0.01 per share and can be converted on or before the maturity date. The Company and lender mutually agreed to extend the maturity date of the note to March 10, 2017. During the nine months ended December 31, 2017, the principal amount of $7,000 was converted into 700,000 shares of common stock. On July 7, 2016, the Company issued a convertible promissory note with an entity for $25,000. The unsecured note bears interest at 6% per annum and is due on January 7, 2017. This note is convertible at $0.10 per share and can be converted on or before the maturity date. The Company and lender mutually agreed to extend the maturity date of the note to April 30, 2017. As of the date of this filing, the note is in default. On July 13, 2016, the Company issued a convertible promissory note with an entity for $20,000. The unsecured note bears interest at 6% per annum and is due on January 13, 2017. This note is convertible at $0.10 per share and can be converted on or before the maturity date. The Company and lender mutually agreed to extend the maturity date of the note to April 30, 2017. During the nine months ended December 31, 2017, the entire balance of principal amount of $20,000 and accrued interest of $967 and was converted into 209,666 shares of common stock. On November 21, 2017, the Company issued a convertible promissory note with an entity for $20,000. The unsecured note bears interest at 6% per annum and is due on May 21, 2018. This note is convertible at $0.20 per share and can be converted on or before the maturity date. During the nine months ended December 31, 2017 interest expense was $2,648 including amortization of debt discount of $889. As of December 31, 2017, the balance of accrued interest was $3,897.

EARNINGS PER SHARE

EARNINGS PER SHARE	9 Months Ended
	Dec. 31, 2017
Notes to Financial Statements
6. EARNINGS PER SHARE	FASB ASC Topic 260, Earnings Per Share, requires a reconciliation of the numerator and denominator of the basic and diluted earnings (loss) per share (EPS) computations. Basic earnings (loss) per share are computed by dividing income available to common shareholders by the weighted-average number of common shares outstanding during the period. Diluted earnings (loss) per share is computed similar to basic earnings per share except that the denominator is increased to include the number of additional common shares that would have been outstanding if the potential common shares had been issued and if the additional common shares were dilutive. The Company had no potential additional dilutive securities outstanding for the nine months ended December 31, 2017 and 2016, except for the 550,000 and no, respectively, shares of common stock from the convertible debt. The following table sets forth the computation of basic and diluted net income per share: Nine Months Ended December 31, 2017 Nine Months Ended December 31, 2016 Net loss attributable to the common stockholders $ (377,670 ) $ (2,865,672 ) Basic weighted average outstanding shares of common stock 52,793,373 37,865,752 Dilutive effect of common stock equivalent - - Diluted weighted average common stock and common stock equivalents 52,793,373 37,865,752 Earnings (loss) per share: Basic and diluted $ (0.01 ) $ (0.08 )

STOCKHOLDERS_ EQUITY

STOCKHOLDERS’ EQUITY	9 Months Ended
	Dec. 31, 2017
Notes to Financial Statements
7. STOCKHOLDERS’ EQUITY	Series A Preferred Stock During October 2016, the Company designated Series A Preferred Stock. The Series A Preferred Stock is convertible to common stock at a rate of five shares for every share held and votes together with our common stock at a rate of sixteen votes for every share held. Our new Series A Preferred Stock ranks equally, on an as-converted basis, to our common stock with respect to rights upon winding up, dissolution, or liquidation. Our Series A Preferred Stock does not have any special dividend rights. Common Stock During the nine months ended December 31, 2017, the Company issued a total of 2,225,000 shares of common stock to thirteen investors for cash of $325,000. As of December 31, 2017, the company has to issue two investors a total of 150,000 shares and $30,000 was recorded to common stock payable. During the nine months ended December 31, 2017, the Company issued a total of 1,850,784 shares of common stock to four lenders for debt converted of $41,789 including $40,000 of principal and $1,789 in accrued interest. During the nine months ended December 31, 2017, the Company issued a total of 700,000 shares of common stock to for a lock up agreement of $39,000 and for services of $228,000. During the nine months ended December 31, 2017, the Company recorded $3,066 of consulting services and the balance of prepaid stock compensation of $224,934. During the nine months ended December 31, 2017, the Company recorded $11,083 to common stock payable and consulting services for the portion of 700,000 shares that were earned for consulting services. The shares were issued in February 2018.

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	9 Months Ended
	Dec. 31, 2017
Notes to Financial Statements
8. SUBSEQUENT EVENTS	In January 2018, the Company sold 200,000 shares of common stock in exchange for cash of $20,000. In January 2018, the Company agreed to issue 52,500 shares of common stock in exchange for a ninety-day consulting agreement.

SUMMARY OF SIGNIFICANT ACCOUN14

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	9 Months Ended
	Dec. 31, 2017
Summary Of Significant Accounting Policies Policies
Cash and Cash Equivalents	The Company considers all highly liquid debt instruments purchased with an original maturity of six months or less to be cash equivalents.
Property and Equipment	Property and equipment are stated at cost. Depreciation is provided by the straight-line method over the useful lives of the related assets, from five to seven years. The cost of building the Company’s website has been capitalized and amortized over a period of six years. Expenditures for minor enhancements and maintenance are expensed as incurred.
Inventory	Inventories are stated at the lower of cost (average cost) or market (net realizable value). Inventory consists of raw materials, work in process inventory and finished goods inventory of $24,993, $0 and $6,982, respectively.
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 could differ from those estimates.
Income Taxes	The Company is subject to income taxes in the U.S. Significant judgment is required in evaluating our uncertain tax positions and determining our provision for income taxes. In accordance with FASB ASC Topic 740, “Income Taxes,” the Company provides for the recognition of deferred tax assets if realization of such assets is more likely than not. The Company accounts for income tax under the provisions of FASB ASC Topic 740, “Income Taxes”, which requires recognition of deferred tax assets and liabilities for the expected future tax consequences of the events that have been included in the financial statements or tax returns. Deferred income taxes are recognized for all significant temporary differences between tax and financial statements bases of assets and liabilities. Valuation allowances are established against net deferred tax assets when it is more likely than not that some portion or all of the deferred tax asset will not be realized.
Fair Value of Financial Instruments	The Company applies the provisions of accounting guidance, FASB Topic ASC 825 that requires all entities to disclose the fair value of financial instruments, both assets and liabilities recognized and not recognized on the balance sheet, for which it is practicable to estimate fair value, and defines fair value of a financial instrument as the amount at which the instrument could be exchanged in a current transaction between willing parties. As of December 31, 2017 and March 31, 2017 the fair value of cash and accounts payable, approximated carrying value due to the short maturity of the instruments, quoted market prices or interest rates which fluctuate with market rates. Convertible Instruments The Company evaluates and account for conversion options embedded in convertible instruments in accordance with ASC 815 “ Derivatives and Hedging Activities Applicable GAAP requires companies to bifurcate conversion options from their host instruments and account for them as free standing derivative financial instruments according to certain criteria. The criteria include circumstances in which (a) the economic characteristics and risks of the embedded derivative instrument are not clearly and closely related to the economic characteristics and risks of the host contract, (b) the hybrid instrument that embodies both the embedded derivative instrument and the host contract is not re-measured at fair value under other GAAP with changes in fair value reported in earnings as they occur and (c) a separate instrument with the same terms as the embedded derivative instrument would be considered a derivative instrument. The Company accounts for convertible instruments (when it has been determined that the embedded conversion options should not be bifurcated from their host instruments) as follows: The Company records when necessary, discounts to convertible notes for the intrinsic value of conversion options embedded in debt instruments based upon the differences between the fair value of the underlying common stock at the commitment date of the note transaction and the effective conversion price embedded in the note. Debt discounts under these arrangements are amortized over the term of the related debt to their stated date of redemption.

PROPERTY AND EQUIPMENT (Tables)

PROPERTY AND EQUIPMENT (Tables)	9 Months Ended
	Dec. 31, 2017
Property And Equipment Tables
Property And Equipment	As of December 31, 2017 As of March 31, 2017 Website development $ 88,965 $ 88,965 Automobile 13,597 - Studio and office equipment 26,966 25,645 Tenant improvements 11,135 2,528 140,663 117,138 Less: accumulated depreciation and amortization (123,735 ) (103,979 ) Ending Balance $ 16,928 $ 13,159

EARNINGS PER SHARE (Tables)

EARNINGS PER SHARE (Tables)	9 Months Ended
	Dec. 31, 2017
Earnings Per Share Tables
Earnings loss per shares	Nine Months Ended December 31, 2017 Nine Months Ended December 31, 2016 Net loss attributable to the common stockholders $ (377,670 ) $ (2,865,672 ) Basic weighted average outstanding shares of common stock 52,793,373 37,865,752 Dilutive effect of common stock equivalent - - Diluted weighted average common stock and common stock equivalents 52,793,373 37,865,752 Earnings (loss) per share: Basic and diluted $ (0.01 ) $ (0.08 )

SUMMARY OF SIGNIFICANT ACCOUN17

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative)	9 Months Ended
	Dec. 31, 2017USD ($)
Raw materials inventory	$ 24,993
Work in process inventory	0
Finished goods inventory	$ 6,982
Building [Member]
Period of amortization	6 years
Minimum [Member] | Property and Equipment [Member]
Estimated useful lives	5 years
Maximum [Member] | Property and Equipment [Member]
Estimated useful lives	7 years

GOING CONCERN (Details Narrativ

GOING CONCERN (Details Narrative) - USD ($)	3 Months Ended		9 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2017	Dec. 31, 2016	Mar. 31, 2017
Going Concern Details Narrative
Accumulated deficit	$ (3,674,469)		$ (3,674,469)		$ (3,296,799)
Net loss	$ (140,604)	$ (2,833,750)	(377,670)	$ (2,865,672)
Net cash used in operating activities			$ (317,797)	$ (71,596)

PROPERTY AND EQUIPMENT (Details

PROPERTY AND EQUIPMENT (Details) - USD ($)	Dec. 31, 2017	Mar. 31, 2017
Property and equipment, gross	$ 140,663	$ 117,138
Less: accumulated depreciation and amortization	(123,735)	(103,979)
Ending balance	16,928	13,159
Website development [Member]
Property and equipment, gross	88,965	88,965
Automobile [Member]
Property and equipment, gross	13,597
Studio and office equipment [Member]
Property and equipment, gross	26,966	25,645
Tenant Improvements [Member]
Property and equipment, gross	$ 11,135	$ 2,528

PROPERTY AND EQUIPMENT (Detai20

PROPERTY AND EQUIPMENT (Details Narrative) - USD ($)	3 Months Ended		9 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2017	Dec. 31, 2016
Property And Equipment Details Narrative
Depreciation and amortization expense	$ 5,584	$ 5,000	$ 19,858	$ 15,000

INVESTMENT (Details Narrative)

INVESTMENT (Details Narrative) - USD ($)	9 Months Ended
	Dec. 31, 2017	Mar. 31, 2017
Investments	$ 101,470
Bottling Facility And Equipment [Member]
Commitment to additional capital	$ 530,000
Commitment to additional capital term	3 years
Failure commitment to additional capital contrbution	Fail to provide this additional capital within the next 3 years, our ownership percentage in Spring Hill will be reduced from 49% to 20%.
Spring Hill Water Company [Member]
Voting membership units, percentage	75.00%
Lease Agreement Description	Spring Hill will have the use of 2 acres of land and no less than 5 acre-feet of water for an initial term of 25 years and at a lease rate of $1 per year
Capital contribution	$ 100,000
Lease term	25 years
Lease rate per year	$ 1
Losses,expenditures, and deductions Percentage	100.00%
Humble Water Company [Member]
Ownership percentage	49.00%
Doore, LLC [Member]
Ownership percentage	51.00%

CONVERTIBLE DEBT (Details Narra

CONVERTIBLE DEBT (Details Narrative) - USD ($)	1 Months Ended			3 Months Ended		9 Months Ended
	Dec. 31, 2016	Oct. 31, 2016	Sep. 30, 2016	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2017	Dec. 31, 2016	Mar. 31, 2017
Common stock, shares issued				54,991,369		54,991,369		50,215,585
Loss on extinguishment of debt					$ (2,770,451)		$ (2,770,451)
Interest expenses				(1,459)	(1,144)	(2,648)	(1,144)
Accrued interest payable				3,897		3,897		$ 3,927
Amortization of debt discount						889
November 21, 2017 [Member]
Convertible note payable				$ 20,000		$ 20,000
Interest rate				6.00%		6.00%
Debt conversion price				$ 0.20		$ 0.20
Maturity date						May 21, 2018
July 13, 2016 [Member]
Convertible note payable				$ 20,000		$ 20,000
Accrued interest converted into common shares				$ 967		$ 967
Interest rate				6.00%		6.00%
Debt conversion price				$ 0.10		$ 0.10
Amount of debt converted						$ 20,000
Common stock shares issued upon conversion of debt						209,666
Maturity date						Jan. 13, 2017
Extended maturity date						Apr. 30, 2017
July 7, 2016 [Member]
Convertible note payable				$ 25,000		$ 25,000
Interest rate				6.00%		6.00%
Debt conversion price				$ 0.10		$ 0.10
Maturity date						Jan. 7, 2017
Extended maturity date						Apr. 30, 2017
April 11, 2016 [Member]
Convertible note payable				$ 10,000		$ 10,000
Interest rate				8.00%		8.00%
Debt conversion price				$ 0.01		$ 0.01
Amount of debt converted						$ 7,000
Common stock shares issued upon conversion of debt						700,000
Maturity date						Feb. 7, 2017
Extended maturity date						Mar. 10, 2017
Convertible note principal amount						$ 7,000
February 8, 2016 [Member]
Convertible note payable				$ 8,000		8,000
Accrued interest converted into common shares				$ 822		$ 822
Interest rate				8.00%		8.00%
Debt conversion price				$ 0.02		$ 0.02
Amount of debt converted						$ 8,000
Common stock shares issued upon conversion of debt						441,118
Maturity date						Feb. 7, 2017
Extended maturity date						Mar. 10, 2017
Convertible note principal amount						$ 8,000
February 1, 2016 [Member]
Convertible note payable				$ 5,000		$ 5,000
Interest rate				8.00%		8.00%
Debt conversion price				$ 0.01		$ 0.01
Common stock shares issued upon conversion of debt						500,000
Maturity date						Jan. 31, 2017
Extended maturity date						Mar. 10, 2017
Convertible Debt [Member]
Loan due from officers			$ 129,549
Common stock, shares issued		5,000,000
Extinguishment of debt		$ 129,549
Debt conversion price			$ 0.03
Common stock shares issued upon conversion of debt			5,000,000
Noteholders Three [Member]
Common stock, shares issued		4,200,000
Loss on extinguishment of debt	$ 2,770,451
Noteholders One [Member]
Common stock payable, fair value	$ 464,000				$ 464,000		$ 464,000
Common stock payable	800,000				800,000		800,000

EARNINGS PER SHARE (Details)

EARNINGS PER SHARE (Details) - USD ($)	3 Months Ended		9 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2017	Dec. 31, 2016
Earnings Per Share Details
Net loss attributable to the common stockholders			$ (377,670)	$ (2,865,672)
Basic weighted average outstanding shares of common stock			52,793,373	37,865,752
Dilutive effect of common stock equivalent
Diluted weighted average common stock and common stock equivalents			52,793,373	37,865,752
Earnings (loss) per share:
Basic and diluted	$ 0	$ (0.06)	$ (0.01)	$ (0.08)

EARNINGS PER SHARE (Details Nar

EARNINGS PER SHARE (Details Narrative) - USD ($)	9 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Earnings Per Share Details Narrative
Potential dilutive securities outstanding	$ 550,000

STOCKHOLDERS_ EQUITY (Details N

STOCKHOLDERS’ EQUITY (Details Narrative)	1 Months Ended	9 Months Ended
	Oct. 31, 2016Integer	Dec. 31, 2017USD ($)Integershares	Dec. 31, 2016USD ($)	Mar. 31, 2017USD ($)
Proceeds from issuances of common stock		$ 295,000	$ 92,600
Common stock payable		$ 505,083		$ 464,000
Series A Preferred Stock [Member]
Convertible preferred stock, terms of conversion feature	The Series A Preferred Stock is convertible to common stock at a rate of five shares for every share held and votes together with our common stock at a rate of sixteen votes for every share held
Number of votes for each common share issued upon conversion of preferred stock | Integer	16
Two Investors [Member]
Number of investors | Integer		2
Common stock shares reserved for future issuance | shares		150,000
Common stock payable		$ 30,000
Lender [Member]
Conversion of debt to common stock		$ 41,789
Debt conversion converted instrument, shares issued | shares		1,850,784
Number of investors | Integer		4
Convertible principal amount		$ 40,000
Accrued interest converted into common shares		$ 1,789
Investor [Member]
Common stock, shares issued, shares | shares		2,225,000
Proceeds from issuances of common stock		$ 325,000
Number of investors | Integer		13
Lock up agreement [Member]
Common stock shares issued under agreement | shares		700,000
Common stock value issued under agreement		$ 39,000
Common stock value issued for services		228,000
Consulting services		3,066
Prepaid stock compensation		224,934
Common stock payable and consulting services attributable to the portion of shares issued under agreement		$ 11,083

SUBSEQUENT EVENTS (Details Narr

SUBSEQUENT EVENTS (Details Narrative) - Subsequent Event [Member]	1 Months Ended
	Jan. 31, 2018USD ($)shares
Common stock shares issued for cash	200,000
Proceeds from issuance of common stock | $	$ 20,000
Consulting agreement [Member]
Common stock shares issued for services	52,500
Term of consulting agreement	90 days