Investview (INVU) 10-Q 22 Aug 16 2017 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Jun. 30, 2016	Aug. 22, 2016
Document and Entity Information:
Entity Registrant Name	INVESTVIEW, INC.
Document Type	10-Q
Document Period End Date	Jun. 30, 2016
Trading Symbol	gisv
Amendment Flag	false
Entity Central Index Key	862,651
Current Fiscal Year End Date	--03-31
Entity Common Stock, Shares Outstanding		27,228,111
Entity Filer Category	Smaller Reporting Company
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Well-known Seasoned Issuer	No
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	Q1
Entity Incorporation, Date of Incorporation	Aug. 10, 2005
Entity Incorporation, State Country Name	Nevada

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)	Jun. 30, 2016	Mar. 31, 2016
Current assets:
Cash and cash equivalents	$ 12,914	$ 7,697
Deferred costs	1,584	1,793
Total current assets	14,498	9,490
Total assets	14,498	9,490
Current liabilities:
Accounts payable and accrued liabilities	1,430,706	1,142,465
Deferred revenue	5,508	13,128
Due to related party	276,848	629,533
Settlement payable	344,392	344,392
Notes payable, current portion	144,224	150,399
Notes payable, current portion-related party	95,000	95,000
Convertible notes payable, short term portion-related party	258,799
Convertible notes payable, current portion	1,441,300	143,769
Current liabilities of discontinued operations	120,266	120,266
Derivative liability, short term portion	291,517	194,087
Total current liabilities	4,408,560	2,833,039
Long term debt:
Convertible notes payable, long term portion	7,772	1,399,190
Convertible notes payable, long term portion-related party		295,101
Derivative liability, long term portion	97,326	64,721
Total long term debt	105,098	1,759,012
Total liabilities	4,513,658	4,592,051
STOCKHOLDERS' DEFICIT
Preferred stock, par value: $0.001; 10,000,000 shares authorized, None issued and outstanding as of June 30, 2016 and March 31, 2016
Common stock, par value $0.001; 60,000,000 shares authorized; 23,579,411 and 14,966,911 issued and 23,578,111 and 14,965,611 outstanding as of June 30, 2016 and March 31, 2016, respectively	23,579	14,967
Additional paid in capital	96,906,621	96,282,849
Common stock subscriptions (receivable)	(250,000)	(250,000)
Treasury stock, 1,300 shares	(8,589)	(8,589)
Accumulated deficit	(101,170,771)	(100,621,788)
Total stockholders' deficit	(4,499,160)	(4,582,561)
Total liabilities and stockholders' deficit	$ 14,498	$ 9,490

CONDENSED CONSOLIDATED BALANCE3

CONDENSED CONSOLIDATED BALANCE SHEETS PARENTHETICAL - $ / shares	Jun. 30, 2016	Mar. 31, 2016
CONDENSED CONSOLIDATED BALANCE SHEETS PARENTHETICAL
Preferred stock par value	$ 0.001	$ 0.001
Preferred stock shares authorized	10,000,000	10,000,000
Preferred stock shares issued
Preferred stock shares outstanding
Common stock par value	$ 0.001	$ 0.001
Common stock shares authorized	60,000,000	60,000,000
Common stock shares issued	23,579,411	14,966,911
Common stock shares outstanding	23,578,111	14,965,611
Treasury shares	1,300	1,300

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)	3 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
Revenue, net:	$ 47,814	$ 125,448
Operating costs and expenses:
Cost of sales and service	1,205	18,427
Selling, general and administrative	264,188	717,824
Total operating costs and expenses	265,393	736,251
Net loss from operations	(217,579)	(610,803)
Other income (expense):
Loss on change in fair value of warrant and derivative liabilities	(43,718)
Interest, net	(287,686)	(35,998)
Total other income (expense)	(331,404)	(35,998)
Loss from continuing operations before income taxes	(548,983)	(646,801)
Income taxes expense
Net loss	(548,983)	(646,801)
Non-controlling interest		16,067
NET LOSS ATTRIBUTABLE TO INVESTVIEW, INC.	$ (548,983)	$ (630,734)
Loss per common share, basic and diluted	$ (0.03)	$ (0.04)
Weighted average number of common shares outstanding-basic and diluted	20,208,257	14,548,538

CONDENSED CONSOLIDATED STATEME5

CONDENSED CONSOLIDATED STATEMENTS OF DEFICIENCY IN STOCKHOLDERS' EQUITY - 3 months ended Jun. 30, 2016 - USD ($)	Common Stock	Additional Paid in Capital	Common Stock Subscription Receivable	Treasury Stock	Accumulated Deficit	Total
Balance at Mar. 31, 2016	$ 14,967	$ 96,282,849	$ (250,000)	$ (8,589)	$ (100,621,788)	$ (4,582,561)
Balance - Shares at Mar. 31, 2016	14,966,911
Common stock issued for services	$ 450	14,400				14,850
Common stock issued for services - shares	450,000
Common stock issued in payment of compensation	$ 5,812	467,148				472,960
Common stock issued in payment of compensation - shares	5,812,500
Common stock issued for director fees	$ 400	13,400				13,800
Common stock issued for director fees - shares	400,000
Common stock issued in settlement of debt	$ 1,950	56,650				58,600
Common stock issued in settlement of debt - shares	1,950,000
Reclass derivative liability to equity upon convertible note payoff		72,174				72,174
Net loss					(548,983)	(548,983)
Balance at Jun. 30, 2016	$ 23,579	$ 96,906,621	$ (250,000)	$ (8,589)	$ (101,170,771)	$ (4,499,160)
Balance - Shares at Jun. 30, 2016	23,579,411

CONDENSED CONSOLIDATED STATEME6

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	3 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss	$ (548,983)	$ (646,801)
Adjustments to reconcile net loss to net cash used in operating activities:
Amortization of debt discount relating to convertible notes payable	117,908
Stock based compensation	28,650	26,250
Non-cash interest	122,131
Change in fair value of warrant and derivative liabilities	43,718
Amortization of deferred compensation		33,844
Changes in operating assets and liabilities:
Change in accounts receivable		57,076
Change in deferred costs	209	579
Change in prepaid and other assets		24
Change in accounts payable and accrued liabilities	87,604	38,441
Change in due to related parties	120,275	(39,590)
Change in deferred revenue	(7,620)	(9,438)
Net cash used in operating activities	(36,108)	(539,615)
CASH FLOWS FROM INVESTING ACTIVITIES:
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from of notes payable	47,500
Repayments of note payable, related party		(25,000)
Repayments of notes payable	(6,175)
Net proceeds provided by (used in) financing activities	41,325	(25,000)
Net increase (decrease) in cash and cash equivalents	5,217	(564,615)
Cash and cash equivalents-beginning of period	7,697	805,737
Cash and cash equivalents-end of period	12,914	241,122
Cash paid during the period for:
Interest
Income taxes
Non-cash financing activities:
Common stock issued in settlement of notes payable and accrued interest	12,750
Common stock issued in settlement of accrued officer salaries	$ 472,960

1. Summary of Significant Accou

1. Summary of Significant Accounting Policies	3 Months Ended
	Jun. 30, 2016
Notes
1. Summary of Significant Accounting Policies	1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES A summary of the significant accounting policies applied in the preparation of the accompanying unaudited condensed consolidated financial statements follows: Business and Basis of Presentation Investview, Inc. (the "Company") was incorporated on August 10, 2005 under the laws of the State of Nevada as Voxpath Holding, Inc. On September 16, 2006, the Company changed its name to TheRetirementSolution.Com, Inc., on October 1, 2008 to Global Investor Services, Inc. and on March 27, 2012 to Investview, Inc. The Company currently markets directly and through its marketing partners as well as online, certain investor products and services that provide financial and educational information to its prospective customers and to its subscribers. In August 2014, the Company formed Vickrey Brown Investments, LLC, a limited liability company under the laws of California with 51% membership interests specializing in investment strategies which combine quantitative strategies, forensic accounting and volatility controls. At formation, the minority members paid an aggregate of $1,000 as equity contribution. The Company contributed $120,000 as equity contribution and is contingently obligated to issue 500,000 shares of common stock upon achieving certain milestones (as defined). Prior to all distributions, the Company is to receive 25% of all revenue generated until at which time the $120,000 equity contribution of the Company has been paid. On December 27, 2015, the Company entered into a Second Amended and Restated Operating Agreement whereby the Company surrendered its equity ownership in Vickrey Brown Investments LLC and transferred ownership of SAFE Management LLC (“Safe”) in exchange for 25% of all revenue generated by Vickrey Brown Investments, LLC until an aggregate of $120,000 has been paid and 30.6% of remaining and future revenue. As such, the Company reclassified operating activities of Vickrey Brown Investments, LLC and Safe to discontinued operations. The unaudited condensed consolidated financial statements include the accounts of the Company and its wholly owned subsidiaries, Investment Tools & Training, LLC ("ITT") and Razor Data Corp ("Razor"). All significant inter-company transactions and balances have been eliminated in consolidation. Interim Financial Statements The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with the rules and regulations (Regulation S-X) of the Securities and Exchange Commission (the “SEC”) and with the instructions to Form 10-Q. Accordingly, they do not include all of the information and footnotes required by generally accepted accounting principles for complete financial statements. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been included. The results of operations for the three months ended June 30, 2016 are not necessarily indicative of the operating results that may be expected for the year ended March 31, 2017. These unaudited condensed consolidated financial statements should be read in conjunction with the March 31, 2016 consolidated financial statements and notes thereto included in the Company’s Annual Report on Form 10-K. Revenue Recognition For revenue from product sales and services, the Company recognizes revenue in accordance with Accounting Standards Codification subtopic 605-10, Revenue Recognition (“ASC 605-10”) which requires that four basic criteria must be met before revenue can be recognized: (1) persuasive evidence of an arrangement exists; (2) delivery has occurred or services have been rendered; (3) the selling price is fixed and determinable; and (4) collectability is reasonably assured. Determination of criteria (3) and (4) are based on management's judgments regarding the fixed nature of the selling prices of the products delivered and the collectability of those amounts. Provisions for discounts and rebates to customers, estimated returns and allowances, and other adjustments are provided for in the same period the related sales are recorded. The Company defers any revenue for which the product or services has not been delivered or is subject to refund until such time that the Company and the customer jointly determine that the product has been delivered or no refund will be required. Revenue arises from subscriptions to the websites/software, workshops, online workshops and training and coaching/counseling services where the customers are charged a monthly subscription fee for access to the online training and courses and website/data. Revenues are recognized in the month the product and services are delivered. The Company sells its products separately and in various bundles that include website/data subscriptions, educational workshops, online workshops and training, one-on-one coaching and counseling sessions, along with other products and services. The deferral policy for each of the different types of revenues is summarized as follows: Product Recognition Policy Live Workshops and Workshop Certificates Deferred and recognized as the workshop is provided or certificate expires Online training and courses Deferred and recognized a.) as the services are delivered, or b.) when usage thresholds are met, or c.) on a straight-line basis over the initial product period Coaching/Counseling services Deferred and recognized as services are delivered, or on a straight-line basis over the life of the customer’s contract Website/data fees (monthly) Not deferred, recognized in the month delivered Website/data fees (pre-paid subscriptions) Deferred and recognized on a straight-line basis over the subscription period Cost of Sales and Service The cost of sales and service consists of the cost of the data feeds that supply twenty minute delayed stock market data to the Company’s stock analysis software based tool, external partner commissions and other costs associated with the repair or maintenance of the website. Use of Estimates The preparation of these unaudited condensed consolidated 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 revenue and expenses during the reporting period. Actual results could differ from those estimates. Fair Value of Financial Instruments Fair value estimates discussed herein are based upon certain market assumptions and pertinent information available to management as of June 30, 2016 and March 31, 2016. The respective carrying value of certain on-balance-sheet financial instruments approximated their fair values. These financial instruments include cash, notes payable, convertible notes payable, derivative liabilities and accounts payable. Fair values were assumed to approximate carrying values for cash and payables because they are short term in nature and their carrying amounts approximate fair values or they are payable on demand. Reliance on Key Personnel and Consultants The Company is heavily dependent on the continued active participation of these current executive officers, employees and key consultants. The loss of any of the senior management or key consultants could significantly and negatively impact the business until adequate replacements can be identified and put in place. Derivative Liability The Company accounts for derivatives in accordance with ASC 815, which establishes accounting and reporting standards for derivative instruments and hedging activities, including certain derivative instruments embedded in other financial instruments or contracts and requires recognition of all derivatives on the balance sheet at fair value, regardless of hedging relationship designation. Accounting for changes in fair value of the derivative instruments depends on whether the derivatives qualify as hedge relationships and the types of relationships designated are based on the exposures hedged. At June 30, 2016 and March 31, 2016, the Company did not have any derivative instruments that were designated as hedges. See Note 8 for discussion of the Company’s derivative liabilities. Net Loss per Share The Company follows Accounting Standards Codification subtopic 260-10, Earnings Per Share (“ASC 260-10”) specifying the computation, presentation and disclosure requirements of earnings per share information. Basic loss per share has been calculated based upon the weighted average number of common shares outstanding. Convertible debt, stock options and warrants have been excluded as common stock equivalents in the diluted loss per share because their effect is anti-dilutive on the computation. In determining the discontinued operations fully diluted earnings per share, the Company did not allocate any common stock equivalents, therefore the basic and fully diluted per share amounts are the same. Potentially dilutive securities excluded from the computation of basic and diluted net loss per share are as follows: June 30, 2016 June 30, 2015 Convertible notes payable 30,955,885 1,603,121 Options to purchase common stock 40,000 40,000 Warrants to purchase common stock 6,534,810 6,298,771 Totals 37,530,695 7,941,892 Stock-Based Compensation The Company accounts for its stock based awards in accordance with Accounting Standards Codification subtopic 718-10, Compensation (“ASC 718-10”), which requires a fair value measurement and recognition of compensation expense for all share-based payment awards made to its employees and directors, including employee stock options and restricted stock awards. The Company estimates the fair value of stock options granted using the Black-Scholes valuation model. This model requires the Company to make estimates and assumptions including, among other things, estimates regarding the length of time an employee will retain vested stock options before exercising them, the estimated volatility of our common stock price and the number of options that will be forfeited prior to vesting. The fair value is then amortized on a straight-line basis over the requisite service periods of the awards, which is generally the vesting period. Changes in these estimates and assumptions can materially affect the determination of the fair value of stock-based compensation and consequently, the related amount recognized in the Company’s unaudited condensed consolidated statements of operations. For the three months ended June 30, 2016 and 2015, the Company did not grant stock options to employees. Segment Information Accounting Standards Codification subtopic Segment Reporting 280-10 (“ASC 280-10”) establishes standards for reporting information regarding operating segments in annual financial statements and requires selected information for those segments to be presented in interim financial reports issued to stockholders. ASC 280-10 also establishes standards for related disclosures about products and services and geographic areas. Operating segments are identified as components of an enterprise about which separate discrete financial information is available for evaluation by the chief operating decision maker, or decision-making group, in making decisions how to allocate resources and assess performance. The information disclosed herein materially represents all of the financial information related to the Company’s only material principal operating segment after the discontinued operations of Instilend (See Note 11). Recent Accounting Pronouncements There are various updates recently issued, most of which represented technical corrections to the accounting literature or application to specific industries and are not expected to a have a material impact on the Company's financial position, results of operations or cash flows.

2. Going Concern and Management

2. Going Concern and Management's Liquidity Plans	3 Months Ended
	Jun. 30, 2016
Notes
2. Going Concern and Management's Liquidity Plans	2. GOING CONCERN AND MANAGEMENT’S LIQUIDITY PLANS The Company’s unaudited condensed consolidated financial statements are prepared using generally accepted accounting principles applicable to a going concern which contemplates the realization of assets and liquidation of liabilities in the normal course of business. The Company has incurred significant recurring losses which have resulted in an accumulated deficit of $101,170,771, net loss of $548,983 and net cash used in operations of $36,108 for the three months ended June 30, 2016 which raises substantial doubt about the Company’s ability to continue as a going concern. During the three months ended June 30, 2016, the Company raised $47,500 in cash proceeds from the issuance of notes. The Company believes that its current cash on hand will not be sufficient to fund its projected operating requirements currently. The Company's primary source of operating funds since inception has been cash proceeds from the private placements of common stock and proceeds from private placements of convertible and other debt. The Company intends to raise additional capital through private placements of debt and equity securities, but there can be no assurance that these funds will be available on terms acceptable to the Company, or will be sufficient to enable the Company to fully complete its development activities or sustain operations. If the Company is unable to raise sufficient additional funds, it will have to develop and implement a plan to further extend payables, reduce overhead, or scale back its current business plan until sufficient additional capital is raised to support further operations. There can be no assurance that such a plan will be successful. Accordingly, the accompanying condensed consolidated financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America (“GAAP”), which contemplate continuation of the Company as a going concern and the realization of assets and satisfaction of liabilities in the normal course of business. The carrying amounts of assets and liabilities presented in the financial statements do not necessarily purport to represent realizable or settlement values. The condensed consolidated financial statements do not include any adjustment that might result from the outcome of this uncertainty.

3. Accounts Payable and Accrued

3. Accounts Payable and Accrued Liabilities	3 Months Ended
	Jun. 30, 2016
Notes
3. Accounts Payable and Accrued Liabilities	3. ACCOUNTS PAYABLE AND ACCRUED LIABILITIES Accounts payable and accrued liabilities consisted of the following at June 30, 2016 and March 31, 2016: June 30, 2016 March 31, 2016 Accounts payable $ 435,891 $ 418,823 Accrued interest payable, short term 338,453 93,000 Accrued payroll and related taxes 656,362 630,642 $ 1,430,706 $ 1,142,465 As of June 30, 2016 and March 31, 2016, accrued payroll taxes included the effects of an estimated payroll tax liability for stock based compensation issued to an officer.

4. Settlement Payable

4. Settlement Payable	3 Months Ended
	Jun. 30, 2016
Notes
4. Settlement Payable	4. SETTLEMENT PAYABLE On August 12, 2013, Evenflow Funding, LLC ("Evenflow") commenced a civil action (the “NJ Action”) against the Company in the Superior Court of New Jersey, Law Division, Monmouth County (the "Court") bearing Docket No. Mon-L-3105-13 in collection of a promissory note issued January 20, 2009 and related accrued interest. On October 13, 2014, the Company and Evenflow agreed to a settlement and a Stipulation of Settlement (the "Settlement") was filed with the Court, in connection with the NJ Action. Pursuant to the Settlement, the Company agreed to pay to Evenflow a total of $425,000 (the "Settlement Amount") in quarterly payments (the "Quarterly Payments") equal to 10% of the net revenue (revenue less allowances, returns and payments to revenue sharing agreements) of the Company as reported in the Company's periodic reports filed on Form 10-Q or Form 10-K (collectively, the "Periodic Reports") commencing with the Company's December 31, 2014 Periodic Report. The Quarterly Payments are due and payable by the Company on the tenth day following the filing of each Periodic Report. In addition to the Quarterly Payments, the Company agreed to make an initial payment in the amount of $25,000 upon the filing of the Settlement with the Court, as well as a payment in the amount of $25,000 due on the 12 month anniversary of the initial payment. The aggregate total of all payments including the upfront $25,000, the one year anniversary $25,000, and the quarterly payments is to be $425,000. As of June 30, 2016, the Company reclassified the promissory note and accrued interest to settlement payable. No material gain or loss was recorded in connection with the settlement. The unpaid balance as of June 30, 2016 and March 31, 2016 was $344,392. The Company is currently renegotiating the payment terms and is currently in default.

5. Notes Payable

5. Notes Payable	3 Months Ended
	Jun. 30, 2016
Notes
5. Notes Payable	5. NOTES PAYABLE On September 30, 2010, the Company issued an aggregate of $120,000 in unsecured promissory notes due five years from issuance at 8% per annum payable at maturity in exchange for the cancellation of 15,000 previously issued warrants. The fair value of the exchanged warrants, approximately equaled the fair value of the issued notes at the date of the exchange. In September 2015, the Company extended one note for $33,333 till December 31, 2015 and four, in aggregate of $86,667 till December 31, 2016. On October 29, 2015, the Company entered into revenue based factoring agreement and received $44,010 in exchange for $54,573 of future receipts relating to monies collected from customers or other third party payors. Under the terms of the agreement, the Company is required to make daily payments equal to 19% of the Company’s daily cash or monetary sales receipts over the term of the agreement (approximately 11 months). The Company has recorded a debt discount which is being amortized to interest expense over the term of the agreement. Summary of outstanding notes payable as of June 30, 2016 and March 31, 2016 are as follows: June 30, 2016 March 31, 2016 Note payable, due December 31, 2015 (in default) $ 33,333 $ 33,333 Notes payable, due December 31, 2016 86,667 86,667 Note payable, due September 2016 24,224 30,399 Total 144,224 150,399 Less: Short term portion (144,224 ) (150,399 ) Long term portion $ - $ -

6. Note Payable, Related Party

6. Note Payable, Related Party	3 Months Ended
	Jun. 30, 2016
Notes
6. Note Payable, Related Party	6. NOTE PAYABLE, RELATED PARTY On August 1, 2014, the Company issued a Secured Promissory Note (Note) payable to a board member and significant shareholder for $120,000 bearing interest at 5% per annum payable at such time as any payment of principal of the Note is made. The Note is payable the earlier of (i) July 31, 2015 or (ii) receipt of proceeds from operations from Vickrey Brown Investments, LLC, a majority owned subsidiary of the Company. The payment terms are currently being renegotiated and the note currently in default. The note is secured by: (i) 240,000 shares of common stock of the Company, $.001 par value per share, to be placed in escrow, and (ii) the Company’s right, title and interest in Vickrey Brown Investments, LLC. During the year ended March 31, 2016, the Company made payments in aggregate of $25,000 towards the principal of the note. As of June 30, 2016 and March 31, 2016, the remaining balance of the note was $95,000.

7. Convertible Notes

7. Convertible Notes	3 Months Ended
	Jun. 30, 2016
Notes
7. Convertible Notes	7. CONVERTIBLE NOTES Summary of outstanding convertible notes payable as of June 30, 2016 and March 31, 2016are as follows: June 30, 2016 March 31, 2016 Convertible Promissory notes due June 30, 2017 $ 1,476,660 $ 1,476,660 Convertible Promissory note, due August 17, 2015, in default 100,000 100,000 Convertible note payable, due September 25, 2017, net of unamortized debt discount of $17,078 and $23,106, respectively 7,772 10,494 Convertible note payable, due November 13, 2016, net of unamortized debt discount of $21,708 - 13,292 Convertible notes payable, due August 31, 2016, net of unamortized debt discount of $57,602 and $129,523, respectively 117,398 30,477 Convertible note payable, due May 31, 2017, net of unamortized debt discount of $67,459 6,041 - Long term accrued interest - 207,137 Total 1,707,871 1,838,060 Less: Short term portion (1,441,300 ) (143,769 ) Less: Short term, related party (258,799 ) ( - ) Less: Long term, related party ( - ) (295,101 ) Long term convertible notes $ 7,772 $ 1,399,190 Azoth Funding LLC On May 31, 2016, the Company entered into a Securities Purchase Agreement with Azoth Fund LLC, for the sale of a 8% convertible note in the principal amount of $73,500 (the “Note”). The total net proceeds the Company received from this Offering was $32,500, net of fees of $3,500 and payoff of a previously outstanding convertible note. The Note bears interest at the rate of 8% per annum. All interest and principal must be repaid on May 31, 2017 and is convertible into common stock, at Azoth Funding LLC’ s option, at a 50% discount to the lowest trading price of the common stock during the 20 trading day period prior to conversion. Convertible Promissory Notes dated April 5, 2016 On April 5, 2016, the Company issued a $15,000 convertible promissory notes bearing interest at 12% per annum due upon maturity along with principal on August 31, 2016. The convertible promissory note is convertible, at the holders’ option, at $0.10 per share at any time, the due date or the time of a $5 million equity event, as defined. In connection with the issuance of the convertible promissory notes, the Company issued detachable warrants granting the holder the right to acquire 30,000 shares of the Company’s common stock at $0.50 per share and expire 2 years from the date of issuance. Due to the nature of the previously issued notes described above, the Company determined that the conversion feature requires classification as an embedded derivative. The accounting treatment requires that the Company record at fair value at inception as a liability. The determined fair value (see below) exceeded the net proceeds received, therefore no value were assigned to the issued detachable warrants as described in ASC 470-20. Summary: The Company has identified the embedded derivatives related to the above described Notes. These embedded derivatives included certain conversion features and reset provisions. The accounting treatment of derivative financial instruments requires that the Company record fair value of the derivatives as of the inception date of the Notes and to fair value as of each subsequent reporting date. In connection with the Azoth financing, the Company paid off a previously issued convertible debt. At the date(s) of payoff or exchange, the Company determined fair value of the embedded derivatives of $72,174, using the Binominal Option Pricing Model with the following assumptions: contractual terms of 0.45 years, an average risk free interest rate of 0.49%, a dividend yield of 0%, and volatility of 426.69%, was reclassified to additional paid in capital. At the inception of the 2016 Notes, the Company determined the aggregate fair value of $204,341 of embedded derivatives. The fair value of the embedded derivatives was determined using the Binomial Option Pricing Model based on the following assumptions: (1) dividend yield of 0%; (2) expected volatility of 412.78% to 426.69%, (3) weighted average risk-free interest rate of 0.36 % to 0.68%, (4) expected life of 0.41 to 1.00 year, and (5) estimated fair value of the Company’s common stock of $0.02 to $0.10 per share. The determined fair value of the debt derivatives of $204,341 was charged as a debt discount up to the net proceeds of the notes with the remainder of $122,131 charged to current period operations as non-cash interest expense. At June 30, 2016, the Company marked to market the fair value of the debt derivatives and determined a fair value of $388,843. The Company recorded a loss from change in fair value of debt derivatives of $43,718 for the three months ended June 30, 2016. The fair value of the embedded derivatives was determined using Binomial Option Pricing Model based on the following assumptions: (1) dividend yield of 0%, (2) expected volatility of 441.77%, (3) weighted average risk-free interest rate of 0.26% to 0.45%, (4) expected life of 0.17 to 1.24 years, and (5) estimated fair value of the Company’s common stock of $0.014 per share. The charge of the amortization and write-off of debt discounts and costs for the three months ended June 30, 2016 was $117,908 which was accounted for as interest expense.

8. Derivative Liabilities

8. Derivative Liabilities	3 Months Ended
	Jun. 30, 2016
Notes
8. Derivative Liabilities	8. DERIVATIVE LIABILITIES As described in Note 7 and 13, the Company issued convertible notes that contain conversion features and reset provision. The accounting treatment of derivative financial instruments requires that the Company record fair value of the derivatives as of the inception date and to fair value as of each subsequent reporting date.

9. Capital Stock

9. Capital Stock	3 Months Ended
	Jun. 30, 2016
Notes
9. Capital Stock	9. CAPITAL STOCK Common Stock In April 2016, the Company issued 250,000 shares of its common stock with a fair value of $20,000 in settlement of $5,250 of convertible notes payable. In April 2016, the Company issued an aggregate of 5,812,500 shares of its common stock as payment of previously accrued officer salaries of $472,960, which represents the value of the services received and which did not differ materially from the value of the stock issued. In April and May 2016, the Company issued an aggregate of 400,000 shares of its common stock as director fees valued at $13,800, which represents the value of the services received and which did not differ materially from the value of the stock issued. In May 2016, the Company issued an aggregate of 450,000 shares of its common stock for consulting services valued at $14,850, which represents the value of the services received and which did not differ materially from the value of the stock issued. In June 2016, the Company issued an aggregate of 1,700,000 shares of its common stock with a fair value of $38,600 in settlement of $7,500 of convertible notes payable.

10. Stock Options and Warrants

10. Stock Options and Warrants	3 Months Ended
	Jun. 30, 2016
Notes
10. Stock Options and Warrants	10. STOCK OPTIONS AND WARRANTS The following table summarizes the changes in employee stock options outstanding and the related prices for the shares of the Company’s common stock issued to employees of the Company under two employee stock option plans. The nonqualified plan adopted in 2007 is for 65,000 shares of which 47,500 have been granted as of June 30, 2016. The qualified plan adopted in October of 2008 authorizing 125,000 shares was approved by a majority of the Shareholders on September 16, 2009. To date 42,500 shares have been granted under the 2008 plan as of June 30, 2016. The following table summarizes the changes in options outstanding and the related prices for the shares of the Company’s common stock issued to employees of the Company at June 30, 2016: Options Outstanding Options Exercisable Weighted Weighted Weighted Average Average Average Exercise Exercise Range of Number of Remaining Price of Number of Price of Exercise Shares Contractual Outstanding Shares Exercisable Prices Outstanding Life (Years) Options Exercisable Options $ 10.00 35,000 3.26 $ 10.00 35,000 $ 10.00 12.00 2,500 0.61 12.00 2,500 12.00 37,500 3.08 $ 10.20 37,500 $ 10.20 Transactions involving stock options issued to employees are summarized as follows: Weighted Average Number of Exercise Shares Price Options outstanding at March 31, 2015 37,500 $ 10.20 Granted - - Exercised - - Canceled - - Options outstanding at March 31, 2016 37,500 10.20 Granted - - Exercised - - Canceled - - Options outstanding at June 30, 2016 37,500 $ 10.20 Stock-based compensation expense in connection with options granted to employees for the three months ended June 30, 2016 and 2015 was $-0-. Non-Employee Stock Options The following table summarizes the changes in options outstanding and the related prices for the shares of the Company’s common stock issued to consultants and non-employees of the Company at June 30, 2016: Options Outstanding Options Exercisable Weighted Average Weighted Weighted Remaining Average Average Exercise Number Contractual Exercise Number of Exercise Prices Outstanding Life (Years) Price Exercisable Price $ 84.00 2,500 0.58 $ 84.00 2,500 $ 84.00 Transactions involving stock options issued to consultants and non-employees are summarized as follows: Weighted Average Number of Price Shares Per Share Options outstanding at March 31, 2015 2,500 $ 84.00 Granted - Exercised - - Expired - Options outstanding at March 31, 2016 2,500 84.00 Granted - - Exercised - - Expired - - Options outstanding at June 30, 2016 2,500 $ 84.00 Warrants The following table summarizes the changes in warrants outstanding and the related prices for the shares of the Company’s common stock issued to shareholders at June 30, 2016: Warrants Outstanding Warrants Exercisable Weighted Average Weighted Weighted Remaining Average Average Exercise Number Contractual Exercise Number Exercise Price Outstanding Life (Years) Price Exercisable Price $ 0.50 350,000 1.66 $ 0.50 350,000 $ 0.50 1.50 6,127,497 2.99 1.50 6,127,497 1.50 2.50 12,000 2.05 2.50 12,000 2.50 6.00 45,313 1.58 6.00 45,313 6.00 Total 6,534,810 2.82 $ 1.48 6,534,810 $ 1.48 Transactions involving the Company’s warrant issuance are summarized as follows: Average Number of Price Shares Per Share Warrants outstanding at March 31, 2015 6,298,771 $ 1.53 Granted /restated 332,500 0.50 Canceled (126,461 ) (1.50 ) Expired - Warrants outstanding at March 31, 2016 6,504,810 1.48 Granted 30,000 0.50 Canceled - - Expired - - Warrants outstanding at June 30, 2016 6,534,810 $ 1.48 As described in Note 7 above, the Company issued detachable warrants granting the holder the right to acquire an aggregate of 30,000 shares of the Company’s common stock at $0.50 per share and expire 2 years from the date of issuance in connection with the issuance of convertible promissory notes.

11. Discontinued Operations

11. Discontinued Operations	3 Months Ended
	Jun. 30, 2016
Notes
11. Discontinued Operations	11. DISCONTINUED OPERATIONS Sale of Instilend Technologies, Inc. On May 2, 2013, the Company, its wholly-owned subsidiary, Instilend Technologies Inc. ("Instilend") and Fortified Management Group, LLC ("Fortified") entered into an Asset Purchase Agreement (the "APA"), pursuant to which Instilend sold all of its assets, including its proprietary Matador, Locate Stock and LendEQS platforms, to Fortified in consideration of $3,000,000 (the "Purchase Price") consisting of 250,000 shares of common stock of the Company which were returned to the Company for cancellation in March of 2013, $2,500 per month commencing on the 90th day after the Closing Date which will be increased to $5,000 per month as of the 270th day following the Closing Date, a Secured Promissory Note in the principal amount of $1,250,000 (the "APA Note"), the assumption by Fortified from the Company of 5% Convertible Promissory Notes (the "Seller Notes") originally issued by the Company to Todd Tabacco, Derek Tabacco and Richard L'Insalata in the aggregate amount of $500,000 and additional monthly royalties of 5% after the payment of the $1,250,000 Secured Promissory Note up to $4,000,000 as set forth in Schedule 3 of the APA. In addition, $150,000 of the Purchase Price (the "Escrow Funds") were used towards the payment by the Company of certain tax liabilities owed by Instilend. The Escrow Funds will be held in escrow until the Company has entered into settlement agreements with the relevant tax authorities, at which time the Company may authorize the Escrow Funds to be released for payment to the relevant tax authorities. In the event of a failure by the Company to make any payments in accordance with the terms of any such settlement agreements, the Company will issue shares of its common stock to Fortified equal to three times the unpaid amount of the remaining unpaid tax liabilities. As a result of the sale of the operating assets relating to the stock loan business, management of the Company, as of the Closing Date, elected to impair the remaining assets in the business including the goodwill, customer list and covenants to not compete. The impaired assets were initially recorded as a result of the acquisition of Instilend. The assets and liabilities of the discontinued operations as of June 30, 2016 and March 31, 2016 were as follows: June 30, 2016 March 31, 2016 Cash $ - $ - Accounts receivable - - Total current assets of discontinued operations $ - $ - Liabilities: Accounts payable $ 120,266 $ 120,266 Total current liabilities of discontinued operations $ 120,266 $ 120,266 The Results of Operations classified as discontinued operations for the three months ended June 30, 2016 and 2015: June 30, 2016 June 30, 2015 Sales $ - $ - Operating costs: Selling, general and administrative - - Total operating costs - - - - Net Income (loss) $ - $ - Accounts payable are primarily comprised of vendors payable.

12. Noncontrolling Interest Dis

12. Noncontrolling Interest Disclosure	3 Months Ended
	Jun. 30, 2016
Notes
12. Noncontrolling Interest Disclosure	12. NON CONTROLLING INTEREST In August 2014, the Company formed Vickrey Brown Investments, LLC, a limited liability company under the laws of California with 51% membership interests specializing in investment strategies which combine quantitative strategies, forensic accounting and volatility controls. On December 27, 2015, the Company entered into a Second Amended and Restated Operating Agreement whereby the Company surrendered its equity ownership in Vickrey Brown Investments LLC and transferred ownership of SAFE Management LLC (“Safe”) in exchange for 25% of all revenue generated by Vickrey Brown Investments, LLC until an aggregate of $120,000 has been paid and 30.6% of remaining and future revenue. In connection with the disposal, the Company incurred a net loss on disposal of subsidiary of $26,058. A reconciliation of the non-controlling loss attributable to the Company: Net loss attributable to non-controlling interest for the three month period ended June 30, 2015: Vickrey Brown Investments Net allocable loss $ 32,790 Average Non-controlling interest percentage 49 % Net loss attributable to the non-controlling interest $ 16,067

13. Fair Value Measurements

13. Fair Value Measurements	3 Months Ended
	Jun. 30, 2016
Notes
13. Fair Value Measurements	13. FAIR VALUE MEASUREMENTS ASC 825-10 defines fair value as the price that would be received from selling an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. When determining the fair value measurements for assets and liabilities required or permitted to be recorded at fair value, the Company considers the principal or most advantageous market in which it would transact and considers assumptions that market participants would use when pricing the asset or liability, such as inherent risk, transfer restrictions, and risk of nonperformance. ASC 825-10 establishes a fair value hierarchy that requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. ASC 825-10 establishes three levels of inputs that may be used to measure fair value: Level 1: Unadjusted quoted prices in active markets that are accessible at the measurement date for identical, unrestricted assets or liabilities; Level 2: Quoted prices in markets that are not active, or inputs which are observable, either directly or indirectly, for substantially the full term of the asset or liability; or Level 3: Prices or valuation techniques that require inputs that are both significant to the fair value measurement and are unobservable. To the extent that valuation is based on models or inputs that are less observable or unobservable in the market, the determination of fair value requires more judgment. In certain cases, the inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, for disclosure purposes, the level in the fair value hierarchy within which the fair value measurement is disclosed and is determined based on the lowest level input that is significant to the fair value measurement. Upon adoption of ASC 825-10, there was no cumulative effect adjustment to beginning retained earnings and no impact on the consolidated financial statements. The carrying value of the Company’s cash and cash equivalents, accounts receivable, accounts payable, short-term borrowings (including convertible notes payable), and other current assets and liabilities approximate fair value because of their short-term maturity. Items recorded or measured at fair value on a recurring basis in the accompanying consolidated financial statements consisted of the following items as of June 30, 2016 and March 31, 2016: June 30, 2016: Level 1 Level 2 Level 3 Total Long-term investments $ – $ – $ – $ – Total $ – $ – $ – $ – Derivative liabilities $ – $ – $ 388,843 $ 388,843 Total $ – $ – $ 388,843 $ 388,843 March 31, 2016: Level 1 Level 2 Level 3 Total Long-term investments $ – $ – $ – $ – Total $ – $ – $ – $ – Derivative liabilities $ – $ – $ 258,808 $ 258,808 Total $ – $ – $ 258,808 $ 258,808 The table below sets forth a summary of changes in the fair value of the Company’s Level 3 financial liabilities (warrant and derivative liabilities) for the three months ended June 30, 2016. Derivative Liabilities Balance, March 31, 2016 258,808 Transfers in upon initial fair value of derivative liabilities 204,341 Transfers out upon payoff or conversion of convertible debt (118,024 ) Mark-to market at June 30, 2016 43,718 Balance, June 30, 2016 $ 388,843 Level 3 Liabilities were comprised of our bifurcated convertible debt features on our convertible notes (see Note 7).

14. Subsequent Events

14. Subsequent Events	3 Months Ended
	Jun. 30, 2016
Notes
14. Subsequent Events	14. SUBSEQUENT EVENTS Subsequent common stock issuances: On July 2016, the Company issued 2,380,000 shares of its common stock in settlement of $4,711 of convertible notes payable. In July 12, 2016 the Company issued a convertible promissory note due December 31, 2016 in settlement with its former auditor, Fiondella Milone, and La Saracina LLP for $45,000 for services rendered during the Company’s fiscal Year ending March 31, 2015. The note bears interest of 8% per annum, and is convertible into common stock of the Company on the maturity date by the sole election of the holder at a discount of 40% of the average closing price for the three days prior to conversion. In August 2016 the Company issued 1,270,000 shares of its common stock in settlement of $1,124 of convertible notes payable and $400 in transfer fees.

1. Summary of Significant Acc21

1. Summary of Significant Accounting Policies: Business and Basis of Presentation (Policies)	3 Months Ended
	Jun. 30, 2016
Policies
Business and Basis of Presentation	Business and Basis of Presentation Investview, Inc. (the "Company") was incorporated on August 10, 2005 under the laws of the State of Nevada as Voxpath Holding, Inc. On September 16, 2006, the Company changed its name to TheRetirementSolution.Com, Inc., on October 1, 2008 to Global Investor Services, Inc. and on March 27, 2012 to Investview, Inc. The Company currently markets directly and through its marketing partners as well as online, certain investor products and services that provide financial and educational information to its prospective customers and to its subscribers. In August 2014, the Company formed Vickrey Brown Investments, LLC, a limited liability company under the laws of California with 51% membership interests specializing in investment strategies which combine quantitative strategies, forensic accounting and volatility controls. At formation, the minority members paid an aggregate of $1,000 as equity contribution. The Company contributed $120,000 as equity contribution and is contingently obligated to issue 500,000 shares of common stock upon achieving certain milestones (as defined). Prior to all distributions, the Company is to receive 25% of all revenue generated until at which time the $120,000 equity contribution of the Company has been paid. On December 27, 2015, the Company entered into a Second Amended and Restated Operating Agreement whereby the Company surrendered its equity ownership in Vickrey Brown Investments LLC and transferred ownership of SAFE Management LLC (“Safe”) in exchange for 25% of all revenue generated by Vickrey Brown Investments, LLC until an aggregate of $120,000 has been paid and 30.6% of remaining and future revenue. As such, the Company reclassified operating activities of Vickrey Brown Investments, LLC and Safe to discontinued operations. The unaudited condensed consolidated financial statements include the accounts of the Company and its wholly owned subsidiaries, Investment Tools & Training, LLC ("ITT") and Razor Data Corp ("Razor"). All significant inter-company transactions and balances have been eliminated in consolidation.

1. Summary of Significant Acc22

1. Summary of Significant Accounting Policies: Interim Financial Statements (Policies)	3 Months Ended
	Jun. 30, 2016
Policies
Interim Financial Statements	Interim Financial Statements The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with the rules and regulations (Regulation S-X) of the Securities and Exchange Commission (the “SEC”) and with the instructions to Form 10-Q. Accordingly, they do not include all of the information and footnotes required by generally accepted accounting principles for complete financial statements. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been included. The results of operations for the three months ended June 30, 2016 are not necessarily indicative of the operating results that may be expected for the year ended March 31, 2017. These unaudited condensed consolidated financial statements should be read in conjunction with the March 31, 2016 consolidated financial statements and notes thereto included in the Company’s Annual Report on Form 10-K.

1. Summary of Significant Acc23

1. Summary of Significant Accounting Policies: Revenue Recognition (Policies)	3 Months Ended
	Jun. 30, 2016
Policies
Revenue Recognition	Revenue Recognition For revenue from product sales and services, the Company recognizes revenue in accordance with Accounting Standards Codification subtopic 605-10, Revenue Recognition (“ASC 605-10”) which requires that four basic criteria must be met before revenue can be recognized: (1) persuasive evidence of an arrangement exists; (2) delivery has occurred or services have been rendered; (3) the selling price is fixed and determinable; and (4) collectability is reasonably assured. Determination of criteria (3) and (4) are based on management's judgments regarding the fixed nature of the selling prices of the products delivered and the collectability of those amounts. Provisions for discounts and rebates to customers, estimated returns and allowances, and other adjustments are provided for in the same period the related sales are recorded. The Company defers any revenue for which the product or services has not been delivered or is subject to refund until such time that the Company and the customer jointly determine that the product has been delivered or no refund will be required. Revenue arises from subscriptions to the websites/software, workshops, online workshops and training and coaching/counseling services where the customers are charged a monthly subscription fee for access to the online training and courses and website/data. Revenues are recognized in the month the product and services are delivered. The Company sells its products separately and in various bundles that include website/data subscriptions, educational workshops, online workshops and training, one-on-one coaching and counseling sessions, along with other products and services. The deferral policy for each of the different types of revenues is summarized as follows: Product Recognition Policy Live Workshops and Workshop Certificates Deferred and recognized as the workshop is provided or certificate expires Online training and courses Deferred and recognized a.) as the services are delivered, or b.) when usage thresholds are met, or c.) on a straight-line basis over the initial product period Coaching/Counseling services Deferred and recognized as services are delivered, or on a straight-line basis over the life of the customer’s contract Website/data fees (monthly) Not deferred, recognized in the month delivered Website/data fees (pre-paid subscriptions) Deferred and recognized on a straight-line basis over the subscription period

1. Summary of Significant Acc24

1. Summary of Significant Accounting Policies: Cost of Sales and Service (Policies)	3 Months Ended
	Jun. 30, 2016
Policies
Cost of Sales and Service	Cost of Sales and Service The cost of sales and service consists of the cost of the data feeds that supply twenty minute delayed stock market data to the Company’s stock analysis software based tool, external partner commissions and other costs associated with the repair or maintenance of the website.

1. Summary of Significant Acc25

1. Summary of Significant Accounting Policies: Use of Estimates (Policies)	3 Months Ended
	Jun. 30, 2016
Policies
Use of Estimates	Use of Estimates The preparation of these unaudited condensed consolidated 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 revenue and expenses during the reporting period. Actual results could differ from those estimates.

1. Summary of Significant Acc26

1. Summary of Significant Accounting Policies: Fair Value of Financial Instruments (Policies)	3 Months Ended
	Jun. 30, 2016
Policies
Fair Value of Financial Instruments	Fair Value of Financial Instruments Fair value estimates discussed herein are based upon certain market assumptions and pertinent information available to management as of June 30, 2016 and March 31, 2016. The respective carrying value of certain on-balance-sheet financial instruments approximated their fair values. These financial instruments include cash, notes payable, convertible notes payable, derivative liabilities and accounts payable. Fair values were assumed to approximate carrying values for cash and payables because they are short term in nature and their carrying amounts approximate fair values or they are payable on demand.

1. Summary of Significant Acc27

1. Summary of Significant Accounting Policies: Reliance On Key Personnel and Consultants (Policies)	3 Months Ended
	Jun. 30, 2016
Policies
Reliance On Key Personnel and Consultants	Reliance on Key Personnel and Consultants The Company is heavily dependent on the continued active participation of these current executive officers, employees and key consultants. The loss of any of the senior management or key consultants could significantly and negatively impact the business until adequate replacements can be identified and put in place.

1. Summary of Significant Acc28

1. Summary of Significant Accounting Policies: Derivative Liability (Policies)	3 Months Ended
	Jun. 30, 2016
Policies
Derivative Liability	Derivative Liability The Company accounts for derivatives in accordance with ASC 815, which establishes accounting and reporting standards for derivative instruments and hedging activities, including certain derivative instruments embedded in other financial instruments or contracts and requires recognition of all derivatives on the balance sheet at fair value, regardless of hedging relationship designation. Accounting for changes in fair value of the derivative instruments depends on whether the derivatives qualify as hedge relationships and the types of relationships designated are based on the exposures hedged. At June 30, 2016 and March 31, 2016, the Company did not have any derivative instruments that were designated as hedges. See Note 8 for discussion of the Company’s derivative liabilities.

1. Summary of Significant Acc29

1. Summary of Significant Accounting Policies: Net Loss Per Share (Policies)	3 Months Ended
	Jun. 30, 2016
Policies
Net Loss Per Share	Net Loss per Share The Company follows Accounting Standards Codification subtopic 260-10, Earnings Per Share (“ASC 260-10”) specifying the computation, presentation and disclosure requirements of earnings per share information. Basic loss per share has been calculated based upon the weighted average number of common shares outstanding. Convertible debt, stock options and warrants have been excluded as common stock equivalents in the diluted loss per share because their effect is anti-dilutive on the computation. In determining the discontinued operations fully diluted earnings per share, the Company did not allocate any common stock equivalents, therefore the basic and fully diluted per share amounts are the same. Potentially dilutive securities excluded from the computation of basic and diluted net loss per share are as follows: June 30, 2016 June 30, 2015 Convertible notes payable 30,955,885 1,603,121 Options to purchase common stock 40,000 40,000 Warrants to purchase common stock 6,534,810 6,298,771 Totals 37,530,695 7,941,892

1. Summary of Significant Acc30

1. Summary of Significant Accounting Policies: Stock-based Compensation (Policies)	3 Months Ended
	Jun. 30, 2016
Policies
Stock-based Compensation	Stock-Based Compensation The Company accounts for its stock based awards in accordance with Accounting Standards Codification subtopic 718-10, Compensation (“ASC 718-10”), which requires a fair value measurement and recognition of compensation expense for all share-based payment awards made to its employees and directors, including employee stock options and restricted stock awards. The Company estimates the fair value of stock options granted using the Black-Scholes valuation model. This model requires the Company to make estimates and assumptions including, among other things, estimates regarding the length of time an employee will retain vested stock options before exercising them, the estimated volatility of our common stock price and the number of options that will be forfeited prior to vesting. The fair value is then amortized on a straight-line basis over the requisite service periods of the awards, which is generally the vesting period. Changes in these estimates and assumptions can materially affect the determination of the fair value of stock-based compensation and consequently, the related amount recognized in the Company’s unaudited condensed consolidated statements of operations. For the three months ended June 30, 2016 and 2015, the Company did not grant stock options to employees.

1. Summary of Significant Acc31

1. Summary of Significant Accounting Policies: Segment Information (Policies)	3 Months Ended
	Jun. 30, 2016
Policies
Segment Information	Segment Information Accounting Standards Codification subtopic Segment Reporting 280-10 (“ASC 280-10”) establishes standards for reporting information regarding operating segments in annual financial statements and requires selected information for those segments to be presented in interim financial reports issued to stockholders. ASC 280-10 also establishes standards for related disclosures about products and services and geographic areas. Operating segments are identified as components of an enterprise about which separate discrete financial information is available for evaluation by the chief operating decision maker, or decision-making group, in making decisions how to allocate resources and assess performance. The information disclosed herein materially represents all of the financial information related to the Company’s only material principal operating segment after the discontinued operations of Instilend (See Note 11).

1. Summary of Significant Acc32

1. Summary of Significant Accounting Policies: Recent Accounting Pronouncements (Policies)	3 Months Ended
	Jun. 30, 2016
Policies
Recent Accounting Pronouncements	Recent Accounting Pronouncements There are various updates recently issued, most of which represented technical corrections to the accounting literature or application to specific industries and are not expected to a have a material impact on the Company's financial position, results of operations or cash flows.

1. Summary of Significant Acc33

1. Summary of Significant Accounting Policies: Net Loss Per Share: Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share (Tables)	3 Months Ended
	Jun. 30, 2016
Tables/Schedules
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share	June 30, 2016 June 30, 2015 Convertible notes payable 30,955,885 1,603,121 Options to purchase common stock 40,000 40,000 Warrants to purchase common stock 6,534,810 6,298,771 Totals 37,530,695 7,941,892

3. Accounts Payable and Accru34

3. Accounts Payable and Accrued Liabilities: Schedule Of Accounts Payable And Accrued Liabilities (Tables)	3 Months Ended
	Jun. 30, 2016
Tables/Schedules
Schedule Of Accounts Payable And Accrued Liabilities	June 30, 2016 March 31, 2016 Accounts payable $ 435,891 $ 418,823 Accrued interest payable, short term 338,453 93,000 Accrued payroll and related taxes 656,362 630,642 $ 1,430,706 $ 1,142,465

5. Notes Payable_ Schedule of D

5. Notes Payable: Schedule of Debt (Tables)	3 Months Ended
	Jun. 30, 2016
Tables/Schedules
Schedule of Debt	June 30, 2016 March 31, 2016 Note payable, due December 31, 2015 (in default) $ 33,333 $ 33,333 Notes payable, due December 31, 2016 86,667 86,667 Note payable, due September 2016 24,224 30,399 Total 144,224 150,399 Less: Short term portion (144,224 ) (150,399 ) Long term portion $ - $ -

7. Convertible Notes_ Convertib

7. Convertible Notes: Convertible Debt (Tables)	3 Months Ended
	Jun. 30, 2016
Tables/Schedules
Convertible Debt	June 30, 2016 March 31, 2016 Convertible Promissory notes due June 30, 2017 $ 1,476,660 $ 1,476,660 Convertible Promissory note, due August 17, 2015, in default 100,000 100,000 Convertible note payable, due September 25, 2017, net of unamortized debt discount of $17,078 and $23,106, respectively 7,772 10,494 Convertible note payable, due November 13, 2016, net of unamortized debt discount of $21,708 - 13,292 Convertible notes payable, due August 31, 2016, net of unamortized debt discount of $57,602 and $129,523, respectively 117,398 30,477 Convertible note payable, due May 31, 2017, net of unamortized debt discount of $67,459 6,041 - Long term accrued interest - 207,137 Total 1,707,871 1,838,060 Less: Short term portion (1,441,300 ) (143,769 ) Less: Short term, related party (258,799 ) ( - ) Less: Long term, related party ( - ) (295,101 ) Long term convertible notes $ 7,772 $ 1,399,190

10. Stock Options and Warrants_

10. Stock Options and Warrants: Schedule of Changes in Options Outstanding (Tables)	3 Months Ended
	Jun. 30, 2016
Tables/Schedules
Schedule of Changes in Options Outstanding	Options Outstanding Options Exercisable Weighted Weighted Weighted Average Average Average Exercise Exercise Range of Number of Remaining Price of Number of Price of Exercise Shares Contractual Outstanding Shares Exercisable Prices Outstanding Life (Years) Options Exercisable Options $ 10.00 35,000 3.26 $ 10.00 35,000 $ 10.00 12.00 2,500 0.61 12.00 2,500 12.00 37,500 3.08 $ 10.20 37,500 $ 10.20

10. Stock Options and Warrant38

10. Stock Options and Warrants: Schedule Of Stock Options Roll Forward Table TextBlock (Tables)	3 Months Ended
	Jun. 30, 2016
Tables/Schedules
Schedule Of Stock Options Roll Forward Table TextBlock	Weighted Average Number of Exercise Shares Price Options outstanding at March 31, 2015 37,500 $ 10.20 Granted - - Exercised - - Canceled - - Options outstanding at March 31, 2016 37,500 10.20 Granted - - Exercised - - Canceled - - Options outstanding at June 30, 2016 37,500 $ 10.20

10. Stock Options and Warrant39

10. Stock Options and Warrants: Changes In Non Employee Stock Options (Tables)	3 Months Ended
	Jun. 30, 2016
Tables/Schedules
Changes In Non Employee Stock Options	Options Outstanding Options Exercisable Weighted Average Weighted Weighted Remaining Average Average Exercise Number Contractual Exercise Number of Exercise Prices Outstanding Life (Years) Price Exercisable Price $ 84.00 2,500 0.58 $ 84.00 2,500 $ 84.00

10. Stock Options and Warrant40

10. Stock Options and Warrants: Non Employee Stock Option Rollforward (Tables)	3 Months Ended
	Jun. 30, 2016
Tables/Schedules
Non Employee Stock Option Rollforward	Weighted Average Number of Price Shares Per Share Options outstanding at March 31, 2015 2,500 $ 84.00 Granted - Exercised - - Expired - Options outstanding at March 31, 2016 2,500 84.00 Granted - - Exercised - - Expired - - Options outstanding at June 30, 2016 2,500 $ 84.00

10. Stock Options and Warrant41

10. Stock Options and Warrants: Warrants Outstanding (Tables)	3 Months Ended
	Jun. 30, 2016
Tables/Schedules
Warrants Outstanding	Warrants Outstanding Warrants Exercisable Weighted Average Weighted Weighted Remaining Average Average Exercise Number Contractual Exercise Number Exercise Price Outstanding Life (Years) Price Exercisable Price $ 0.50 350,000 1.66 $ 0.50 350,000 $ 0.50 1.50 6,127,497 2.99 1.50 6,127,497 1.50 2.50 12,000 2.05 2.50 12,000 2.50 6.00 45,313 1.58 6.00 45,313 6.00 Total 6,534,810 2.82 $ 1.48 6,534,810 $ 1.48

10. Stock Options and Warrant42

10. Stock Options and Warrants: Warrant Rollforward (Tables)	3 Months Ended
	Jun. 30, 2016
Tables/Schedules
Warrant Rollforward	Average Number of Price Shares Per Share Warrants outstanding at March 31, 2015 6,298,771 $ 1.53 Granted /restated 332,500 0.50 Canceled (126,461 ) (1.50 ) Expired - Warrants outstanding at March 31, 2016 6,504,810 1.48 Granted 30,000 0.50 Canceled - - Expired - - Warrants outstanding at June 30, 2016 6,534,810 $ 1.48

11. Discontinued Operations_ Sc

11. Discontinued Operations: Schedule of discontinued operations (Tables)	3 Months Ended
	Jun. 30, 2016
Instilend Technologies
Schedule of discontinued operations	June 30, 2016 March 31, 2016 Cash $ - $ - Accounts receivable - - Total current assets of discontinued operations $ - $ - Liabilities: Accounts payable $ 120,266 $ 120,266 Total current liabilities of discontinued operations $ 120,266 $ 120,266 The Results of Operations classified as discontinued operations for the three months ended June 30, 2016 and 2015: June 30, 2016 June 30, 2015 Sales $ - $ - Operating costs: Selling, general and administrative - - Total operating costs - - - - Net Income (loss) $ - $ -

12. Noncontrolling Interest D44

12. Noncontrolling Interest Disclosure: Net Loss Attributable To Non-controlling Interest (Tables)	3 Months Ended
	Jun. 30, 2016
Tables/Schedules
Net Loss Attributable To Non-controlling Interest	Vickrey Brown Investments Net allocable loss $ 32,790 Average Non-controlling interest percentage 49 % Net loss attributable to the non-controlling interest $ 16,067

13. Fair Value Measurements_ Sc

13. Fair Value Measurements: Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis (Tables)	3 Months Ended
	Jun. 30, 2016
Tables/Schedules
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis	June 30, 2016: Level 1 Level 2 Level 3 Total Long-term investments $ – $ – $ – $ – Total $ – $ – $ – $ – Derivative liabilities $ – $ – $ 388,843 $ 388,843 Total $ – $ – $ 388,843 $ 388,843 March 31, 2016: Level 1 Level 2 Level 3 Total Long-term investments $ – $ – $ – $ – Total $ – $ – $ – $ – Derivative liabilities $ – $ – $ 258,808 $ 258,808 Total $ – $ – $ 258,808 $ 258,808

13. Fair Value Measurements_ 46

13. Fair Value Measurements: Schedule of Changes in Fair Value of Financial Liabilities (Tables)	3 Months Ended
	Jun. 30, 2016
Tables/Schedules
Schedule of Changes in Fair Value of Financial Liabilities	Derivative Liabilities Balance, March 31, 2016 258,808 Transfers in upon initial fair value of derivative liabilities 204,341 Transfers out upon payoff or conversion of convertible debt (118,024 ) Mark-to market at June 30, 2016 43,718 Balance, June 30, 2016 $ 388,843

1. Summary of Significant Acc47

1. Summary of Significant Accounting Policies: Business and Basis of Presentation (Details) - USD ($)	3 Months Ended	12 Months Ended
	Jun. 30, 2016	Mar. 31, 2015
Details
Entity Incorporation, Date of Incorporation	Aug. 10, 2005
Entity Incorporation, State Country Name	Nevada
Equity contribution by non-controlling interest		$ 1,000
Equity Contribution by Company	$ 120,000
Shares Of Common Stock Obligated To Issue Upon Achieving Certain Milestones	500,000

1. Summary of Significant Acc48

1. Summary of Significant Accounting Policies: Net Loss Per Share: Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share (Details) - shares	3 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	37,530,695	7,941,892
Convertible Debt Securities
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	30,955,885	1,603,121
Employee Stock Option
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	40,000	40,000
Warrant
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	6,534,810	6,298,771

2. Going Concern and Manageme49

2. Going Concern and Management's Liquidity Plans (Details) - USD ($)	3 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Mar. 31, 2016
Details
Accumulated deficit	$ 101,170,771		$ 100,621,788
NET LOSS ATTRIBUTABLE TO INVESTVIEW, INC.	548,983	$ 630,734
Net cash used in operating activities	36,108	$ 539,615
Proceeds from of notes payable	$ 47,500

3. Accounts Payable and Accru50

3. Accounts Payable and Accrued Liabilities: Schedule Of Accounts Payable And Accrued Liabilities (Details) - USD ($)	Jun. 30, 2016	Mar. 31, 2016
Details
Accounts Payable	$ 435,891	$ 418,823
Accrued interest payable, short term	338,453	93,000
Accrued payroll and related taxes	656,362	630,642
Accounts payable and accrued liabilities	$ 1,430,706	$ 1,142,465

4. Settlement Payable (Details)

4. Settlement Payable (Details) - USD ($)	12 Months Ended
	Mar. 31, 2015	Jun. 30, 2016	Mar. 31, 2016
Details
Loss Contingency, Settlement Agreement, Terms	the Company agreed to pay to Evenflow a total of $425,000 (the 'Settlement Amount') in quarterly payments (the 'Quarterly Payments') equal to 10% of the net revenue (revenue less allowances, returns and payments to revenue sharing agreements) of the Company as reported in the Company's periodic reports filed on Form 10-Q or Form 10-K (collectively, the 'Periodic Reports') commencing with the Company's December 31, 2014 Periodic Report. The Quarterly Payments are due and payable by the Company on the tenth day following the filing of each Periodic Report. In addition to the Quarterly Payments, the Company agreed to make an initial payment in the amount of $25,000 upon the filing of the Settlement with the Court, as well as a payment in the amount of $25,000 due on the 12 month anniversary of the initial payment. The aggregate total of all payments including the upfront $25,000, the one year anniversary $25,000, and the quarterly payments is to be $425,000.
Litigation Settlement, Amount	$ 425,000
Settlement payable		$ 344,392	$ 344,392

5. Notes Payable (Details)

5. Notes Payable (Details)	3 Months Ended
	Jun. 30, 2016USD ($)
Details
Interest Rate	8.00%
Cancellation of Previously Issued Warrants	$ 15,000

5. Notes Payable_ Schedule of53

5. Notes Payable: Schedule of Debt (Details) - USD ($)	Jun. 30, 2016	Mar. 31, 2016
Notes Payable	$ 144,224	$ 150,399
Notes payable, current portion	(144,224)	(150,399)
Notes Payable 1
Notes Payable	33,333	33,333
Notes Payable 2
Notes Payable	86,667	86,667
Notes Payable 3
Notes Payable	$ 24,224	$ 30,399

6. Note Payable, Related Party

6. Note Payable, Related Party (Details) - USD ($)	3 Months Ended		12 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Mar. 31, 2016	Mar. 31, 2015
Details
Proceeds from note payable, related party				$ 120,000
Note Payable, Related Party Secured by Common Stock Shares	240,000
Repayments of note payable, related party		$ 25,000	$ 25,000
Notes payable, current portion-related party	$ 95,000		$ 95,000

7. Convertible Notes_ Convert55

7. Convertible Notes: Convertible Debt (Details) - USD ($)	Jun. 30, 2016	Mar. 31, 2016
Convertible Notes Payable	$ 1,707,871	$ 1,838,060
Convertible notes payable, current portion	(1,441,300)	(143,769)
Convertible notes payable, short term portion-related party	(258,799)
Convertible notes payable, long term portion-related party		(295,101)
Convertible notes payable, long term portion	7,772	1,399,190
Convertible Promissory Note 1
Convertible Notes Payable	1,476,660	1,476,660
Convertible Promissory Note 2
Convertible Notes Payable	100,000	100,000
Convertible Note Payable 1
Convertible Notes Payable	7,772	10,494
Convertible Note Payable 2
Convertible Notes Payable		13,292
Convertible Note Payable 3
Convertible Notes Payable	117,398	30,477
Convertible Note Payable 4
Convertible Notes Payable	$ 6,041
Long term accrued interest
Convertible Notes Payable		$ 207,137

7. Convertible Notes (Details)

7. Convertible Notes (Details)	3 Months Ended
	Jun. 30, 2016USD ($)
Details
Non-cash interest	$ 122,131
Change in fair value of warrant and derivative liabilities	43,718
Amortization of debt discount relating to convertible notes payable	$ 117,908

9. Capital Stock (Details)

9. Capital Stock (Details)	3 Months Ended
	Jun. 30, 2016USD ($)shares
Common stock issued in settlement of debt	$ 58,600
Common stock issued in payment of compensation	472,960
Common stock issued for director fees	13,800
Common stock issued for services	14,850
Stock Issuance 1
Common stock issued in settlement of debt	20,000
Stock Issuance 2
Common stock issued in settlement of debt	$ 38,600
Common Stock
Common stock issued in settlement of debt - shares | shares	1,950,000
Common stock issued in settlement of debt	$ 1,950
Common stock issued in payment of compensation - shares | shares	5,812,500
Common stock issued in payment of compensation	$ 5,812
Common stock issued for director fees - shares | shares	400,000
Common stock issued for director fees	$ 400
Common stock issued for services - shares | shares	450,000
Common stock issued for services	$ 450
Common Stock | Stock Issuance 1
Common stock issued in settlement of debt - shares | shares	250,000
Common Stock | Stock Issuance 2
Common stock issued in settlement of debt - shares | shares	1,700,000

10. Stock Options and Warrants

10. Stock Options and Warrants (Details)	3 Months Ended
	Jun. 30, 2016shares
Details
Shares Authorized Under 2007 Plan	65,000
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Net of Forfeitures	47,500
Shares Authorized Under 2008 Plan	125,000
Shares Granted Under 2008 Plan	42,500

10. Stock Options and Warrant59

10. Stock Options and Warrants: Schedule of Changes in Options Outstanding (Details) - $ / shares	3 Months Ended
	Jun. 30, 2016	Mar. 31, 2016	Mar. 31, 2015
Options Outstanding	37,500	37,500	37,500
Weighted Average Contractual Life	3 years 29 days
Weighted Average Exercise Price of Outstanding Options	$ 10.20	$ 10.20	$ 10.20
Shares Exercisable	37,500
Weighted Average Exercise Price of Exercisable Options	$ 10.20
N1000Member
Exercise Price	$ 10
Options Outstanding	35,000
Weighted Average Contractual Life	3 years 3 months 4 days
Weighted Average Exercise Price of Outstanding Options	$ 10
Shares Exercisable	35,000
Weighted Average Exercise Price of Exercisable Options	$ 10
N1200Member
Options Outstanding	2,500
Weighted Average Contractual Life	7 months 10 days
Weighted Average Exercise Price of Outstanding Options	$ 12
Shares Exercisable	2,500
Weighted Average Exercise Price of Exercisable Options	$ 12
Exercise Price	$ 12

10. Stock Options and Warrant60

10. Stock Options and Warrants: Schedule Of Stock Options Roll Forward Table TextBlock (Details) - $ / shares	Jun. 30, 2016	Mar. 31, 2016	Mar. 31, 2015
Details
Options Outstanding	37,500	37,500	37,500
Weighted Average Exercise Price of Outstanding Options	$ 10.20	$ 10.20	$ 10.20

10. Stock Options and Warrant61

10. Stock Options and Warrants: Changes In Non Employee Stock Options (Details)	Jun. 30, 2016$ / sharesshares
Details
Exercise Price Lower Limit Non Employee Stock Options	$ 84
Non Employee Stock Options Outstanding at $84 | shares	2,500
Non Employee Stock Options Weighted Average Remaining Life at $84	0.58
Non Employee Stock Options Weighted Average Exercise Price at $84	$ 84
Non Employee Stock Options Exercisable at $84 | shares	2,500
Non Employee Stock Options Weighted Average Exercise Price of Exercisable Options at $84	$ 84

10. Stock Options and Warrant62

10. Stock Options and Warrants: Non Employee Stock Option Rollforward (Details) - $ / shares	Jun. 30, 2016	Mar. 31, 2016	Mar. 31, 2015
Details
Non Employee Options Outstanding	2,500	2,500	2,500
Non Employee Stock Options Weighted Average Exercise Price	$ 84	$ 84	$ 84

10. Stock Options and Warrant63

10. Stock Options and Warrants: Warrants Outstanding (Details)	Jun. 30, 2016$ / sharesshares	Mar. 31, 2016shares	Mar. 31, 2015shares
Outstanding Warrants | shares	6,534,810	6,504,810	6,298,771
Weighted Average Remaining Contractual Life of Warrants	2.82
Weighted Average Exercise Price of Warrants	$ 1.48
Exercisable Warrants | shares	6,534,810
Weighted Average Exercise Price of Exercisable Warrants	$ 1.48
Warrant1Member
Exercise Price of Warrants	$ 0.50
Outstanding Warrants | shares	350,000
Weighted Average Remaining Contractual Life of Warrants	1.66
Weighted Average Exercise Price of Warrants	$ 0.50
Exercisable Warrants | shares	350,000
Weighted Average Exercise Price of Exercisable Warrants	$ 0.50
Warrant2Member
Exercise Price of Warrants	$ 1.50
Outstanding Warrants | shares	6,127,497
Weighted Average Remaining Contractual Life of Warrants	2.99
Weighted Average Exercise Price of Warrants	$ 1.50
Exercisable Warrants | shares	6,127,497
Weighted Average Exercise Price of Exercisable Warrants	$ 1.50
Warrant3Member
Exercise Price of Warrants	$ 2.50
Outstanding Warrants | shares	12,000
Weighted Average Remaining Contractual Life of Warrants	2.05
Weighted Average Exercise Price of Warrants	$ 2.50
Exercisable Warrants | shares	12,000
Weighted Average Exercise Price of Exercisable Warrants	$ 2.50
Warrant4Member
Exercise Price of Warrants	$ 6
Outstanding Warrants | shares	45,313
Weighted Average Remaining Contractual Life of Warrants	1.58
Weighted Average Exercise Price of Warrants	$ 6
Exercisable Warrants | shares	45,313
Weighted Average Exercise Price of Exercisable Warrants	$ 6

10. Stock Options and Warrant64

10. Stock Options and Warrants: Warrant Rollforward (Details) - $ / shares	3 Months Ended	12 Months Ended
	Jun. 30, 2016	Mar. 31, 2016	Mar. 31, 2015
Details
Outstanding Warrants	6,534,810	6,504,810	6,298,771
Warrants Outstanding Exercise Price	$ 1.48		$ 1.53
Warrants Granted / restated		332,500
Warrants Granted / restated Exercise Price		$ 0.50
Warrants Cancelled		(126,461)
Warrants Cancelled Exercise Price		$ (1.50)
Warrants Granted	30,000
Warrants Granted Exercise Price	$ 0.50

11. Discontinued Operations_ 65

11. Discontinued Operations: Schedule of discontinued operations (Details) - USD ($)	Jun. 30, 2016	Mar. 31, 2016
Total current assets	$ 14,498	$ 9,490
Accounts Payable	(435,891)	(418,823)
Total current liabilities	4,408,560	2,833,039
Discontinued Operations
Accounts Payable	120,266	120,266
Total current liabilities	$ 120,266	$ 120,266

12. Noncontrolling Interest D66

12. Noncontrolling Interest Disclosure: Net Loss Attributable To Non-controlling Interest (Details) - Vickrey Brown Investments	3 Months Ended
	Jun. 30, 2015USD ($)
Net Allocable Loss	$ 32,790
Average Non-controlling interest percentage	49.00%
Income (Loss) Attributable to Noncontrolling Interest	$ 16,067

13. Fair Value Measurements_ 67

13. Fair Value Measurements: Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis (Details) - USD ($)	Jun. 30, 2016	Mar. 31, 2016
Derivative Liability, Fair Value, Gross Liability	$ 388,843	$ 258,808
Fair Value, Inputs, Level 3
Derivative Liability, Fair Value, Gross Liability	$ 388,843	$ 258,808

13. Fair Value Measurements_ 68

13. Fair Value Measurements: Schedule of Changes in Fair Value of Financial Liabilities (Details) - USD ($)	3 Months Ended
	Jun. 30, 2016	Mar. 31, 2016
Details
Derivative Liability, Fair Value, Gross Liability	$ 388,843	$ 258,808
Transfer in upon initial fair value of derivative liabilities	204,341
Transfers out upon payoff or conversion of convertible debt	(118,024)
Change in fair value of warrant and derivative liabilities	$ 43,718