Investview (INVU) 10-Q 14 Aug 20 2021 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Jun. 30, 2020	Aug. 10, 2020
Cover [Abstract]
Entity Registrant Name	Investview, Inc.
Entity Central Index Key	0000862651
Document Type	10-Q
Document Period End Date	Jun. 30, 2020
Amendment Flag	false
Current Fiscal Year End Date	--03-31
Entity Reporting Status Current	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business Flag	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		3,035,481,329
Document Fiscal Period Focus	Q1
Document Fiscal Year Focus	2021

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($)	Jun. 30, 2020		Mar. 31, 2020
Current assets:
Cash and cash equivalents	$ 1,122,848		$ 137,177
Restricted cash	26,000
Prepaid assets	3,422,527		5,309,512
Receivables	1,178,549		910,646
Short-term advances	145,000		145,000
Short-term advances - related party	500		500
Other current assets	162,711		96,022
Total current assets	6,058,135		6,598,857
Fixed assets, net	6,589,886		2,997,611
Other assets:
Intangible assets, net	649,713		692,882
Operating lease right-of-use asset	85,983		99,465
Deposits	10,578		11,173
Total other assets	746,274		803,520
Total assets	13,394,295		10,399,988
Current liabilities:
Accounts payable and accrued liabilities	2,845,117		2,896,012
Payroll liabilities	814,055		880,349
Customer advance	2,455,546		392,310
Deferred revenue	834,050		612,500
Derivative liability	445,860		793,495
Operating lease liability, current	52,843	[1]	56,530
Other current liabilities	12,607,200		11,407,200
Related party payables, net of discounts	1,993,601		1,964,760
Debt, net of discounts	2,106,776		1,719,326
Total current liabilities	24,155,048		20,722,482
Operating lease liability, long term	40,974		50,268
Other long term liabilities, net of deferred interest	5,950,968		3,885,464
Total long term liabilities	5,991,942		3,935,732
Total liabilities	30,146,990		24,658,214
Commitments and contingencies
Stockholders' equity (deficit):
Preferred stock, par value: $0.001; 50,000,000 shares authorized, none issued and outstanding as of June 30, 2020 and March 31, 2020
Common stock, par value $0.001; 10,000,000,000 shares authorized; 3,235,481,329 and 3,214,490,408 shares issued and outstanding as of June 30, 2020 and March 31, 2020, respectively	3,235,481		3,214,490
Additional paid in capital	31,327,207		28,929,516
Accumulated other comprehensive income (loss)	(19,422)		(20,058)
Accumulated deficit	(51,295,961)		(46,382,174)
Total stockholders' equity (deficit)	(16,752,695)		(14,258,226)
Total liabilities and stockholders' equity (deficit)	$ 13,394,295		$ 10,399,988
[1]	Represents lease payments to be made in the next 12 months

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - $ / shares	Jun. 30, 2020	Mar. 31, 2020
Statement of Financial Position [Abstract]
Preferred stock, par value	$ 0.001	$ 0.001
Preferred stock, shares authorized	50,000,000	50,000,000
Preferred stock, shares issued
Preferred stock, shares outstanding
Common stock, par value	$ 0.001	$ 0.001
Common stock, shares authorized	10,000,000,000	10,000,000,000
Common stock, shares issued	3,235,481,329	3,214,490,408
Common stock, shares outstanding	3,235,481,329	3,214,490,408

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations and Other Comprehensive Income (Unaudited) - USD ($)	3 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
Revenue:
Total revenue, net	$ 5,589,816	$ 7,511,713
Operating costs and expenses:
Cost of sales and service	912,324	243,453
Commissions	3,373,831	4,868,970
Selling and marketing	217,584	412,488
Salary and related	1,220,835	1,143,854
Professional fees	427,248	309,446
General and administrative	2,444,792	1,358,643
Total operating costs and expenses	8,596,614	8,336,854
Net loss from operations	(3,006,798)	(825,141)
Other income (expense):
Gain (loss) on debt extinguishment	17,826
Gain (loss) on fair value of derivative liability	347,635	(1,759,190)
Gain on deconsolidation		53,739
Realized gain (loss) on cryptocurrency		410
Unrealized gain (loss) on cryptocurrency	91,486	147,410
Interest expense	(2,247,098)	(545,997)
Interest expense, related parties	(178,915)
Other income (expense)	63,062	(71,642)
Total other income (expense)	(1,906,004)	(2,175,270)
Income (loss) before income taxes	(4,912,802)	(3,000,411)
Income tax expense	(985)	(5,544)
Net income (loss)	$ (4,913,787)	$ (3,005,955)
Income (loss) per common share, basic and diluted	$ 0	$ 0
Weighted average number of common shares outstanding, basic and diluted	3,234,791,316	2,234,117,482
Other comprehensive income, net of tax:
Foreign currency translation adjustments	$ 636	$ (18,975)
Total other comprehensive income	636	(18,975)
Comprehensive income (loss)	(4,913,151)	(3,024,930)
Subscription Revenue [Member]
Revenue:
Total revenue, net	4,243,257	7,511,713
Mining Revenue [Member]
Revenue:
Total revenue, net	1,342,546
Fee Revenue [Member]
Revenue:
Total revenue, net	$ 4,013

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Stockholders' Equity (Deficit) - USD ($)	Common Stock [Member]	Additional Paid in Capital [Member]	Accumulated Other Comprehensive Income [Member]	Accumulated Deficit [Member]	Noncontrolling Interest [Member]	Total
Balance at Mar. 31, 2019	$ 2,640,161	$ 23,758,917	$ 1,363	$ (25,096,983)	$ 51,485	$ 1,354,943
Balance, shares at Mar. 31, 2019	2,640,161,318
Common stock issued for cash	$ 39,216	285,784				325,000
Common stock issued for cash, shares	39,215,648
Offering costs		101,387				101,387
Offering costs, shares
Deconsolidation of Kuvera LATAM					(51,485)	(51,485)
Foreign currency translation adjustment			(18,975)			(18,975)
Net income (loss)				(3,005,955)		(3,005,955)
Balance at Jun. 30, 2019	$ 2,679,377	24,146,088	(17,612)	(28,102,938)		(1,295,085)
Balance, shares at Jun. 30, 2019	2,679,376,966
Balance at Mar. 31, 2020	$ 3,214,490	28,929,516	(20,058)	(46,382,174)		(14,258,226)
Balance, shares at Mar. 31, 2020	3,214,490,408
Common stock issued for cash
Common stock issued for cash, shares
Foreign currency translation adjustment			636			$ 636
Common stock issued for services	$ 21,000	397,954				418,954
Common stock issued for services, shares	21,000,000
Share repurchase	$ (9)	(263)
Share repurchase, shares	(9,079)
Beneficial conversion feature		2,000,000				2,000,000
Net income (loss)				(4,913,787)		(4,913,787)
Balance at Jun. 30, 2020	$ 3,235,481	$ 31,327,207	$ (19,422)	$ (51,295,961)		$ (16,752,695)
Balance, shares at Jun. 30, 2020	3,235,481,329

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Cash Flows - USD ($)	3 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss	$ (4,913,787)	$ (3,005,955)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:
Depreciation	377,582	1,220
Amortization of debt discount	402,951	497,868
Amortization of long-term license agreement		37,497
Amortization of intangible assets	43,169	84,306
Stock issued for services and compensation	418,954
Lease cost, net of repayment	501
(Gain) on deconsolidation		(53,739)
(Gain) loss on debt extinguishment	(17,826)
Loss on fair value of derivative liability	(347,635)	1,759,190
Realized (gain) loss on cryptocurrency		(410)
Unrealized (gain) loss on cryptocurrency	(91,486)	(147,410)
Changes in operating assets and liabilities:
Receivables	(267,903)	(99,698)
Prepaid assets	(365,583)	235,728
Short-term advances		(58,285)
Short-term advances from related parties		(10,000)
Other current assets	24,797	200,542
Deposits	595	(5,000)
Accounts payable and accrued liabilities	(104,661)	(106,735)
Customer advance	2,063,236
Deferred revenue	221,550	1,527,516
Other liabilities	3,265,504
Accrued interest	46,830	46,335
Accrued interest, related parties	149,562
Net cash provided by (used in) operating activities	906,350	902,970
CASH FLOWS FROM INVESTING ACTIVITIES
Cash paid for fixed assets	(1,717,289)
Net cash provided by (used in) investing activities	(1,717,289)
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from related parties	4,339,135	206,500
Repayments for related party payables	(2,489,209)	(356,501)
Proceeds from debt	1,405,300	200,000
Repayments for debt	(1,432,344)	(1,309,170)
Payments for share repurchase	(272)
Proceeds from the sale of stock		325,000
Net cash provided by (used in) financing activities	1,822,610	(934,171)
Effect of exchange rate translation on cash		38
Net increase (decrease) in cash, cash equivalents, and restricted cash	1,011,671	(31,163)
Cash, cash equivalents, and restricted cash - beginning of period	137,177	133,644
Cash, cash equivalents and restricted cash - end of period	1,148,848	102,481
Cash paid during the period for:
Interest		51,000
Income taxes	985	5,544
Non cash investing and financing activities:
Reductions to equity for offering costs accrued		101,387
Prepaid assets reclassified to fixed assets	2,252,568
Beneficial conversion feature	$ 2,000,000

Organization and Nature of Busi

Organization and Nature of Business	3 Months Ended
	Jun. 30, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Organization and Nature of Business	NOTE 1 – ORGANIZATION AND NATURE OF BUSINESS Organization Investview, Inc. was incorporated on January 30, 1946, under the laws of the state of Utah as the Uintah Mountain Copper Mining Company. In January 2005 the Company changed domicile to Nevada, and changed its name to Voxpath Holding, Inc. In September of 2006 the Company merged The Retirement Solution Inc. through a Share Purchase Agreement into Voxpath Holdings, Inc. and then changed its name to TheRetirementSolution.Com, Inc. In October 2008 the Company changed its name to Global Investor Services, Inc., before changing its name to Investview, Inc., on March 27, 2012. On March 31, 2017, we entered into a Contribution Agreement with the members of Wealth Generators, LLC, a limited liability company (“Wealth Generators”), pursuant to which the Wealth Generators members agreed to contribute 100% of the outstanding securities of Wealth Generators in exchange for an aggregate of 1,358,670,942 shares of our common stock. The closing of the Contribution Agreement was effective April 1, 2017, and Wealth Generators became our wholly owned subsidiary and the former members of Wealth Generators became our stockholders and control the majority of our outstanding common stock. On June 6, 2017, we entered into an Acquisition Agreement with Market Trend Strategies, LLC, a company whose members are also former members of our management. Under the Acquisition Agreement, we spun-off our operations that existed prior to the merger with Wealth Generators and sold the intangible assets used in those pre-merger operations in exchange for Market Trend Strategies’ assumption of $419,139 in pre-merger liabilities. On February 28, 2018, we filed a name change for Wealth Generators, LLC to Kuvera, LLC (“Kuvera”) and on May 7, 2018 we established WealthGen Global, LLC as a Utah limited liability company and a wholly owned subsidiary of Investview, Inc. On May 7, 2018, we established WealthGen Global, LLC as a Utah limited liability company and our wholly owned subsidiary. On July 20, 2018, we entered into a Purchase Agreement with United Games Marketing LLC, a Utah limited liability company, to purchase its wholly owned subsidiaries United Games, LLC and United League, LLC for 50,000,000 shares of our common stock. On November 12, 2018, we established Kuvera France, S.A.S. to handle sales of our financial education and research in the European Union. On December 30, 2018, our wholly owned subsidiary S.A.F.E. Management, LLC received its registration and disclosure approval from the National Futures Association. S.A.F.E. Management, LLC is now a New Jersey State Registered Investment Adviser, Commodities Trading Advisor, Commodity Pool Operator, and approved for over the counter FOREX advisory services. On January 17, 2019 we renamed our non-operating wholly owned subsidiary WealthGen Global, LLC to SafeTek, LLC, a Utah Limited Liability Company. Effective July 22, 2019 we renamed our non-operating wholly owned subsidiary Razor Data, LLC to APEX Tek, LLC, a Utah Limited Liability Company. Nature of Business We own a number of companies that each operate independently, but are accretive to one another. We are establishing a portfolio of wholly owned subsidiaries delivering leading-edge technologies, services, and research, dedicated primarily to the individual consumer. Following is a description of each of our companies. Kuvera, LLC Kuvera France S.A.S. S.A.F.E. Management, LLC United League, LLC United Games, LLC SAFETek, LLC Apex Tek, LLC Investment Tools & Training, LLC

Summary of Significant Accounti

Summary of Significant Accounting Policies	3 Months Ended
	Jun. 30, 2020
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation 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, 2020, are not necessarily indicative of the operating results that may be expected for the year ending March 31, 2021. These unaudited condensed consolidated financial statements should be read in conjunction with the March 31, 2020 consolidated financial statements and notes thereto included in our Annual Report on Form 10-K for the year ended March 31, 2020. Principles of Consolidation The consolidated financial statements include the accounts of Investview, Inc., and our wholly owned subsidiaries, Kuvera, LLC, Investment Tools & Training, LLC, Apex Tek, LLC (formerly Razor Data, LLC), S.A.F.E. Management, LLC, SafeTek, LLC (formerly WealthGen Global, LLC), United Games, LLC, United League, LLC, and Kuvera France S.A.S. Through March 31, 2019 we had determined that one affiliated entity, Kuvera LATAM S.A.S., which we previously conducted business with, was a variable interest entity and we were the primary beneficiary of the entity’s activities, which are similar to those of Kuvera, LLC. As a result, through March 31, 2019 we had consolidated the accounts of this variable interest entity into the consolidated financial statements. Further, because the Company did not have any ownership interest in this variable interest entity, the Company had allocated the contributed capital in the variable interest entity as a component of noncontrolling interest. As of April 1, 2019 Kuvera LATAM S.A.S. had no operations and ceased to exist, therefore, as of that date, no consolidation of the entity was necessary and we recorded a gain on deconsolidation of $53,739 to eliminate the intercompany account with Kuvera LATAM S.A.S. All intercompany transactions and balances have been eliminated in consolidation. Financial Statement Reclassification Certain account balances from prior periods have been reclassified in these consolidated financial statements to conform to current period classifications. 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. Foreign Exchange We have consolidated the accounts of Kuvera France S.A.S. into our consolidated financial statements. The operations of Kuvera France S.A.S. are conducted in France and its functional currency is the Euro. The financial statements of Kuvera France S.A.S. are prepared using their functional currency and have been translated into U.S. dollars (“USD”). Assets and liabilities are translated into USD at the applicable exchange rates at period-end. Stockholders’ equity is translated using historical exchange rates. Revenue and expenses are translated at the average exchange rates for the period. Any translation adjustments are included as foreign currency translation adjustments in accumulated other comprehensive income in our stockholders’ equity (deficit). The following rates were used to translate the accounts of Kuvera France S.A.S. and Kuvera LATAM S.A.S. into USD at the following balance sheet dates. June 30, 2020 March 31, 2020 Euro to USD 1.12165 1.10314 The following rates were used to translate the accounts of Kuvera France S.A.S. into USD for the following operating periods. Three Months Ended June 30, 2020 2019 Euro to USD 1.10160 1.12398 Restricted Cash The following table provides a reconciliation of cash, cash equivalents, and restricted cash reported within the balance sheet that sum to the total of the same such amounts shown in the statement of cash flows. June 30, 2020 March 31, 2020 Cash and cash equivalents $ 1,122,848 $ 137,177 Restricted Cash 26,000 - Total cash, cash equivalents, and restricted cash shown on the statement of cash flows $ 1,148,848 $ 137,177 Amount included in restricted cash represent funds required to be held in an escrow account by a contractual agreement and will be used for paying dividends to our Series B Preferred Stock holders. Cryptocurrencies We hold cryptocurrency-denominated assets (“cryptocurrencies”) and include them in our consolidated balance sheet as other current assets. We record cryptocurrencies at fair market value and recognize the change in the fair value of our cryptocurrencies as an unrealized gain or loss in the consolidated statement of operations. As of June 30, 2020 and March 31, 2020 the fair value of our cryptocurrencies was $162,711 and $96,022, respectively. During the three months ended June 30, 2020 we recorded $0 and $91,486 as a total realized and unrealized gain (loss) on cryptocurrency, respectively. During the three months ended June 30, 2019 we recorded $410 and $147,410 as a total realized and unrealized gain (loss) on cryptocurrency, respectively. Fixed Assets Fixed assets are stated at cost and depreciated using the straight-line method over their estimated useful lives. When retired or otherwise disposed, the carrying value and accumulated depreciation of the fixed asset is removed from its respective accounts and the net difference less any amount realized from disposition is reflected in earnings. Expenditures for maintenance and repairs which do not extend the useful lives of the related assets are expensed as incurred. As of June 30, 2020 fixed assets were made up of the following: Estimated Useful Life (years) Value Furniture, fixtures, and equipment 10 $ 12,792 Computer equipment 3 22,752 Data processing equipment 3 7,180,453 7,215,997 Accumulated amortization as of June 30, 2020 (626,111 ) Net book value, June 30, 2020 $ 6,589,886 Total depreciation expense for the three months ended June 30, 2020 and 2019, was $377,582 and $1,220, respectively. Long-Lived Assets – Intangible Assets & License Agreement We account for our intangible assets and long-term license agreement in accordance with ASC Subtopic 350-30, General Intangibles Other Than Goodwill, and ASC Subtopic 360-10-05, Accounting for the Impairment or Disposal of Long-Lived Assets. ASC Subtopic 350-30 requires assets to be measured based on the fair value of the consideration given or the fair value of the assets (or net assets) acquired, whichever is more clearly evident and, thus, more reliably measurable. Further, ASC Subtopic 350-30 requires an intangible asset to be amortized over its useful life and for the useful life to be evaluated every reporting period to determine whether events or circumstances warrant a revision to the remaining period of amortization. If the estimate of useful life is changed the remaining carrying amount of the intangible asset is amortized prospectively over the revised remaining useful life. Costs of internally developing, maintaining, or restoring intangible assets are recognized as an expense when incurred. In June of 2017 we issued 80,000,000 shares of common stock with a value of $2,256,000 for a 15-year license agreement. Annual amortization over the 15-year life is expected to be $150,400 per year. Amortization recognized for the three months ended June 30, 2020 and 2019 was $0 and $37,497, respectively, and the long-term license agreement was recorded at a net value of $0 as of June 30, 2020 and March 31, 2020 due to the asset being impaired as of March 31, 2020. In June of 2018 we purchased United Games, LLC and United League, LLC and recorded the transaction as a business combination. Intangible assets acquired in the business combination were recorded at fair value on the date of acquisition and are being amortized on a straight-line method over their estimated useful lives. As of June 30, 2020 intangible assets were made up of the following: Estimated Useful Life (years) Value FireFan mobile application 4 $ 331,000 Back office software 10 408,000 Tradename/trademark - FireFan 5 248,000 Tradename/trademark - United Games 0.45 4,000 991,000 Accumulated amortization as of June 30, 2020 (341,287 ) Net book value, June 30, 2020 $ 649,713 Amortization expense for the three months ended June 30, 2020 and 2019 was $43,169 and $84,306, respectively. Amortization expense is expected to be as follows: Remainder of 2021 $ 129,981 Fiscal year ending March 31, 2022 173,150 Fiscal year ending March 31, 2023 173,150 Fiscal year ending March 31, 2024 32,589 Fiscal year ending March 31, 2025 6,148 Fiscal year ending March 31, 2026 and beyond 134,695 $ 649,713 Impairment of Long-Lived Assets We have adopted ASC Subtopic 360-10, Property, Plant and Equipment (“ASC 360-10”). ASC 360-10 requires that long-lived assets and certain identifiable intangibles held and used by the Company be reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable or when the historical cost carrying value of an asset may no longer be appropriate. Events relating to recoverability may include significant unfavorable changes in business conditions, recurring losses, or a forecasted inability to achieve break-even operating results over an extended period. We evaluate the recoverability of long-lived assets based upon future net cash flows expected to result from the asset, including eventual disposition. Should impairment in value be indicated, the carrying value of intangible assets will be adjusted and an impairment loss is recorded equal to the difference between the asset’s carrying value and fair value or disposable value. During the three months ended June 30, 2020 and 2019 no impairment was recognized. Fair Value of Financial Instruments Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date, based on our principal or, in the absence of a principal, most advantageous market for the specific asset or liability. U.S. generally accepted accounting principles provide for a three-level hierarchy of inputs to valuation techniques used to measure fair value, defined as follows: Level 1: Inputs that are quoted prices (unadjusted) for identical assets or liabilities in active markets that the entity can access. Level 2: Inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly, for substantially the full term of the asset or liability, including: - quoted prices for similar assets or liabilities in active markets; - quoted prices for identical or similar assets or liabilities in markets that are not active; - inputs other than quoted prices that are observable for the asset or liability; and - inputs that are derived principally from or corroborated by observable market data by correlation or other means. Level 3: Inputs that are unobservable and reflect management’s own assumptions about the inputs market participants would use in pricing the asset or liability based on the best information available in the circumstances (e.g., internally derived assumptions surrounding the timing and amount of expected cash flows). Our financial instruments consist of cash, accounts receivable, accounts payable, and debt. We have determined that the book value of our outstanding financial instruments as of June 30, 2020 and March 31, 2020, approximates the fair value due to their short-term nature. 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, 2020: Level 1 Level 2 Level 3 Total Cryptocurrencies $ 162,711 $ - $ - $ 162,711 Total Assets $ 162,711 $ - $ - $ 162,711 Derivative liability $ - $ - $ 445,860 $ 445,860 Total Liabilities $ - $ - $ 445,860 $ 445,860 Items recorded or measured at fair value on a recurring basis in the accompanying consolidated financial statements consisted of the following items as of March 31, 2020: Level 1 Level 2 Level 3 Total Cryptocurrencies $ 96,022 $ - $ - $ 96,022 Total Assets $ 96,022 $ - $ - $ 96,022 Derivative liability $ - $ - $ 793,495 $ 793,495 Total Liabilities $ - $ - $ 793,495 $ 793,495 Sale and Leaseback Through our wholly-owned subsidiary, APEX Tex, LLC, we sell high powered data processing equipment (“APEX”) to our customers and they lease the equipment back to SAFETek, LLC, another of our wholly-owned subsidiaries. We account for these transactions under ASC 842-40 where the leaseback has been deemed a sales-type lease due to the lease term generally covering the entire economic life of the equipment and our likelihood to purchase the asset at the end of the lease term. In accordance with ASC 842-40 we have recorded the data processing equipment as a fixed asset on our balance sheet and we have accounted for the amounts received for the equipment as a financial liability, in other liabilities on our balance sheet. Further, we will recognize interest on the financial liability over the term of the lease to ensure the financial liability equates to the total amounts to be paid over the life of the lease. During the three months ended June 30, 2020 we had the following activity related to our sale and leaseback transactions: Total Financial Contra- Net Financial Current [1] Long Term Balance as of March 31, 2020 $ 53,828,000 $ (38,535,336 ) $ 15,292,664 $ 11,407,200 $ 3,885,464 Proceeds from sales of APEX 2,340,432 - 2,340,432 Interest recorded on financial liability 3,659,568 (3,659,568 ) - Payments made for leased equipment (901,000 ) - (901,000 ) Interest expense - 1,826,072 1,826,072 Balance as of June 30, 2020 $ 58,927,000 $ (40,368,832 ) $ 18,558,168 $ 12,607,200 $ 5,950,968 [1] Represents lease payments to be made in the next 12 months The $40,368,832 is expected to be recognized into interest as follows: Remainder of 2021 $ 7,166,769 Fiscal year ending March 31, 2022 8,158,547 Fiscal year ending March 31, 2023 8,158,547 Fiscal year ending March 31, 2024 8,158,547 Fiscal year ending March 31, 2025 and beyond 8,726,422 $ 40,368,832 During the three months ended June 30, 2020 we received additional proceeds for APEX sales which were recorded in the customer advance amount shown on our balance sheet, resulting in a net increase in the account of $2,063,236. Revenue Recognition Subscription Revenue The majority of our revenue is generated by subscription sales and payment is received at the time of purchase. We recognize subscription revenue in accordance with ASC 606-10 where revenue is measured based on a consideration specified in a contract with a customer and recognized when we satisfy the performance obligation specified in each contract. Our performance obligation is to provide services over a fixed subscription period; therefore, we recognize revenue ratably over the subscription period and deferred revenue is recorded for the portion of the subscription period subsequent to each reporting date. Additionally, we offer a 10-day trial period to first time subscription customers, during which a full refund can be requested if a customer does not like the product. Revenues are deferred during the trial period as collection is not probable until that time has passed. Revenues are presented net of refunds, sales incentives, credits, and known and estimated credit card chargebacks. Mining Revenue Through our wholly owned subsidiary, SAFETek, LLC, we lease equipment under a sales-type lease and use the equipment on blockchain networks to validate and add blocks of transactions to blockchain ledgers (commonly referred to as “mining”). As compensation for mining we are issued fees from processors and/or block rewards that are newly created cryptocurrency units granted to us. Our mining activities constitute our ongoing major and central operations of SAFETek, LLC. Because we do not have contracts, nor do we have customers associated with our mining revenue, we recognize revenue when fees and/or rewards are settled, or ultimately granted to us as a result of our mining activities. Fee Revenue We generate fee revenue from our customers through SAFE Management, our subsidiary licensed as a Registered Investment Advisor and Commodities Trading Advisor. We recognize fee revenue in accordance with ASC 606-10 where revenue is measured based on a consideration specified in a contract with a customer and recognized when we satisfy the performance obligation specified in each contract. Our performance obligation is to deliver fully managed trading services to individuals who do not meet the requirements of Qualified Investors and who lack the time to trade for themselves. We recognize fee revenue as our performance obligation is met and we receive payment for such advisory fees in the month following recognition. Revenue generated for the three months ended June 30, 2020 is as follows: Subscription Mining Revenue Fee Revenue Total Gross billings/receipts $ 4,559,960 $ 1,342,546 $ 4,013 $ 5,906,519 Refunds, incentives, credits, and chargebacks (316,703 ) - - (316,703 ) Net revenue $ 4,243,257 $ 1,342,546 $ 4,013 $ 5,589,816 For the three months ended June 30, 2020 foreign and domestic revenues were approximately $4 million and $1.6 million, respectively. Revenue generated for the three months ended June 30, 2019 is as follows: Subscription Mining Fee Revenue Total Gross billings/receipts $ 8,292,701 $ - $ - $ 8,292,701 Refunds, incentives, credits, and chargebacks (780,988 ) - - (790,988 ) Net revenue $ 7,511,713 $ - $ - $ 7,511,713 For the three months ended June 30, 2019 foreign and domestic revenues were approximately $7.1 million and $400,000, respectively. Net Income (Loss) per Share We follow ASC subtopic 260-10, Earnings per Share (“ASC 260-10”), which specifies 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. Potentially dilutive securities excluded from the computation of basic and diluted net loss per share are as follows: June 30, June 30, Options to purchase common stock - 35,000 Warrants to purchase common stock - 5,052,497 Notes convertible into common stock 180,609,479 172,829,927 Totals 180,609,479 177,914,424 Lease Obligation We determine if an arrangement is a lease at inception. Operating leases are included in the operating lease right-of-use asset account, the operating lease liability, current account, and the operating lease liability, long term account in our balance sheet. Right-of-use assets represent our right to use an underlying asset for the lease term and lease liabilities represent our obligation to make lease payments arising from the lease. Operating lease right-of-use assets and liabilities are recognized at commencement date based on the present value of lease payments over the lease term. For leases in which the rate implicit in the lease is not readily determinable, we use our incremental borrowing rate based on the information available at commencement date in determining the present value of lease payments. Lease terms include options to extend or terminate the lease when it is reasonably certain that we will exercise that option. Lease expense for operating lease arrangements is recognized on a straight-line basis over the lease term. We have elected the practical expedient and will not separate non-lease components from lease components and will instead account for

Recent Accounting Pronouncement

Recent Accounting Pronouncements	3 Months Ended
	Jun. 30, 2020
Accounting Changes and Error Corrections [Abstract]
Recent Accounting Pronouncements	NOTE 3 – RECENT ACCOUNTING PRONOUNCEMENTS There are no recently issued accounting pronouncements that the Company has not yet adopted that they believe are applicable or would have a material impact on the financial statements of the Company.

Going Concern and Liquidity

Going Concern and Liquidity	3 Months Ended
	Jun. 30, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Going Concern and Liquidity	NOTE 4 – GOING CONCERN AND LIQUIDITY Our financial statements are prepared using generally accepted accounting principles applicable to a going concern that contemplates the realization of assets and liquidation of liabilities in the normal course of business. We have incurred significant recurring losses, which have resulted in an accumulated deficit of $51,295,961 as of June 30, 2020, along with a net loss of $4,913,787 for the three months ended June 30, 2020. Additionally, as of June 30, 2020, we had cash of $1,122,848 and a working capital deficit of $18,096,913. These factors raise substantial doubt about our ability to continue as a going concern. Historically we have relied on increasing revenues and new debt and equity financing to pay for operational expenses and debt as it came due. During the three months ended June 30, 2020, we raised $1,405,300 in cash proceeds from new debt arrangements and raised $4,339,135 in cash proceeds from related parties. Additionally, net cash provided by operations was $906,350 for the three months ended June 30, 2020. Subsequent to June 30, 2020, we obtained $100,000 in cash proceeds from new lending arrangements (see NOTE 11). Additionally, subject to a Securities Purchase agreement entered into in April 2020 we have a commitment from an investor to purchase a $9 million promissory note on or before October 31, 2020, subject to certain conditions. On January 30, 2020, the World Health Organization declared the coronavirus outbreak a “Public Health Emergency of International Concern” and on March 11, 2020, declared it to be a pandemic. Actions taken around the world to help mitigate the spread of the coronavirus include restrictions on travel, and quarantines in certain areas, and forced closures for certain types of public places and businesses. The coronavirus and actions taken to mitigate the spread of it have had and are expected to continue to have an adverse impact on the economies and financial markets of many countries, including the geographical area in which the Company operates. On March 27, 2020, the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) was enacted to amongst other provisions, provide emergency assistance for individuals, families and businesses affected by the coronavirus pandemic. It is unknown how long the adverse conditions associated with the coronavirus will last and what the complete financial effect will be to the company. To date, the Company is experiencing challenges in multiple areas of the organization and the full economic impact is yet to be established. During the year ended March 31, 2020 we made significant strides and wide sweeping changes. While we believe they will be beneficial to our bottom line, there is no assurance of this. Some of the concerns we face going forward will continue, including but not limited to: ● Supply chain issues for Apex Tek, LLC and the sourcing of miners due to the worldwide COVID pandemic and manufacturing slow downs ● SAFETek, LLC operations not scaling according to projections with decreased output due to mining difficulty and operational cost ● Regulatory reform that could adversely impact the use and demand of digital currencies ● The recent Bitcoin (BTC) halving event that further reduced mining output in addition to the supply chain issues Apex Tek, LLC and SAFETek, LLC carry additional risk and generated recent losses, however, they also provide Investview a stake in 4IR, HPC, app development, fintech, blockchain and personal money management sectors. Each of these are areas that are targeted for significant growth spurred by innovations through technology which solidify our position in the fintech space. While our liabilities are larger than our assets it is important to note that we seek to further reduce our operating expense. The assets we have acquired and will continue to seek out are those of technology, mobile apps, and human resources. These assets are not easily defined on our balance sheet but represent our ability to carry out our objectives which we believe will ultimately lead to positive cash flow, reduced debt and then profitability. Accordingly, the accompanying financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America, which contemplate our continuation 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 financial statements do not include any adjustment that might result from the outcome of this uncertainty.

Related-Party Transactions

Related-Party Transactions	3 Months Ended
	Jun. 30, 2020
Related Party Transactions [Abstract]
Related-Party Transactions	NOTE 5 – RELATED-PARTY TRANSACTIONS Our related-party payables consisted of the following: June 30, March 31, Short-term advances [1] $ 818,188 $ 876,427 Promissory note entered into on 1/30/20 [2] 1,083,060 1,033,333 Convertible Promissory Note entered into on 4/27/20 [3] 22,782 - Convertible Promissory Note entered into on 5/27/20 [4] 6,571 - Accounts payable – related party [5] 63,000 55,000 $ 1,993,601 $ 1,964,760 [1] We periodically receive advances for operating funds from our current majority shareholders and other related parties, including entities that are owned, controlled, or influenced by our owners or management. These advances are due on demand and are unsecured. During the three months ended June 30, 2020, we received $2,271,135 in cash proceeds from advances, incurred $40,000 in interest expense on the advances, and repaid related parties $2,369,374. [2] We entered into a $1,000,000 promissory note with Joeseph Cammarata, our Chief Executive Officer, on January 30, 2020. The term of the note is one year, at which time the principal and interest of 20%, or $200,000 will be due. During the three months ended June 30, 2020 we recognized $49,727 of interest expense on the note. [3] On April 27, 2020 we received proceeds of $1,300,000 from DBR Capital, LLC, an entity controlled by members of our Board of Directors. The note bears interest at 20% per annum, payable monthly, and the principal is due and payable on April 27, 2030. The note is convertible into common stock at a conversion price of $0.01257 per share therefore during the three months ended June 30, 2020 we recorded a beneficial conversion feature and debt discount of $1,300,000 (see NOTE 8). During the three months ended June 30, 2020 we recognized $22,782 of the debt discount into interest expense as well as expensed and paid an additional $46,222 of interest expense on the note. [4] On May 27, 2020 we received proceeds of $700,000 from DBR Capital, LLC, an entity controlled by members of our Board of Directors. The note bears interest at 20% per annum, payable monthly, and the principal is due and payable on April 27, 2030. The note is convertible into common stock at a conversion price of $0.01257 per share therefore during the three months ended June 30, 2020 we recorded a beneficial conversion feature and debt discount of $700,000 (see NOTE 8). During the three months ended June 30, 2020 we recognized $6,571 of the debt discount into interest expense as well as expensed and paid an additional $13,613 of interest expense on the note. [5] During the three months ended June 30, 2020 we paid $15,000 to an accounting firm owned by our Chief Financial Officer to reduce amounts previously owed. We also incurred $68,000 to reimburse DBR Capital, LLC, for amounts paid on our behalf. Of that $68,000, $45,000 was repaid during the three months ended June 30, 2020.

Debt

Debt	3 Months Ended
	Jun. 30, 2020
Debt Disclosure [Abstract]
Debt	NOTE 6 – DEBT Our debt consisted of the following: June 30, March 31, Short-term advance received on 8/31/18 [1] $ 65,000 $ 65,000 Secured merchant agreement for future receivables entered into on 8/16/19 and 408,637 1,223,615 Secured merchant agreement for future receivables entered into on 8/16/19 [3] - 260,090 Convertible promissory note entered into on 3/5/20 [4] 58,822 13,072 Convertible promissory note entered into on 3/11/20 [5] 41,896 7,549 Short-term advance received on 3/25/20 [6] 122,500 150,000 Promissory note entered into on 4/10/20 [7] 400,000 - Note issued under the Paycheck Protection Program on 4/17/20 [8] 506,325 - Loan with the U.S. Small Business Administration dated 4/19/20 [9] 503,596 - $ 2,106,776 $ 1,719,326 [1] In August 2018, we received a $75,000 short-term advance. The advance is due on demand, has no interest rate, and is unsecured. During the three months ended June 30, 2020 we made no payments on the debt. [2] During August 2019, we entered into a Secured Merchant Agreement for future receivables with an entity that provides quick access to working capital. On August 15, 2019, we received proceeds from this arrangement of $339,270 after paying off $316,093 and $297,033 from two separate February 2018 agreements. In accordance with the terms of the new agreement, we were required to repay $1,399,000 by making daily ACH payments of $6,823. Accordingly, we recorded $446,604 as a debt discount at the inception of the agreement, which was the difference between the funds received plus the earlier debt paid off, and the amount that was to be repaid. Effective December 10, 2019 this debt was refinanced and the outstanding balance of $839,514 was rolled into a new Secured Merchant Agreement for future receivables. Prior to the refinance, we repaid $559,486 and amortized $446,605 into interest expense related to the August 2019 arrangement. As a result of the refinancing arrangement we received proceeds of $854,801. In accordance with the terms of the agreement, we were required to repay $2,448,250 by making daily ACH payments of $10,999. Accordingly, we recorded $753,935 as a debt discount at the inception of the agreement, which was the difference between the funds received plus the earlier debt paid off, and the amount that was to be repaid. During the year ended March 31, 2020, after the refinance, we repaid $747,932 and amortized $277,232 into interest expense related to the new December 2019 agreement. During the three months ended June 30, 2020 we repaid $1,041,496 and amortized $226,518 into interest expense. [3] During August 2019, we entered into a Secured Merchant Agreement for future receivables with an entity that provides quick access to working capital. In August 2019, we received proceeds from this arrangement of $418,381 after paying off $382,000 from an October 2018 agreement. In accordance with the terms of the agreement, we were required to repay $1,189,150 by making daily ACH payments of $5,801. Accordingly, we recorded $388,769 as a debt discount at the inception of the agreement, which was the difference between the funds received plus the earlier debt paid off, and the amount that was to be repaid. During the year ended March 31, 2020, we repaid $853,203 and amortized $312,912 into interest expense. During the three months ended June 30, 2020 we repaid $330,013, recorded a $5,934 gain on settlement of debt, and amortized $75,857 into interest expense [4] In March 2020, we entered into a Convertible Promissory Note and received proceeds of $200,000 after incurring loan fees of $3,000. The note incurs interest at 10% per annum and has a maturity date of June 2, 2021. The Convertible Promissory Note has a variable conversion rate that is 65% of the average of the two lowest trading prices during the previous 15-trading-day period, subject to adjustment. Therefore, the conversion feature is accounted for as a derivative instrument (see Note 7). At inception, we recorded a debt discount of $203,000 and captured loan fees, recorded as interest expense, of $116,077. During the year ended March 31, 2020, we amortized $11,626 into interest expense, and recorded additional interest expense on the note of $1,446. During the three months ended June 30, 2020, we amortized $40,689 into interest expense, and recorded additional interest expense on the note of $5,061. [5] In March 2020, we entered into a Convertible Promissory Note and received proceeds of $150,000 after incurring loan fees of $3,000. The note incurs interest at 10% per annum and has a maturity date of June 10, 2021. The Convertible Promissory Note has a variable conversion rate that is 65% of the average of the two lowest trading prices during the previous 15-trading-day period, subject to adjustment. Therefore, the conversion feature is accounted for as a derivative instrument (see Note 7). At inception, we recorded a debt discount of $153,000 and captured loan fees, recorded as interest expense, of $148,432. During the year ended March 31, 2020, we amortized $6,711 into interest expense, and recorded additional interest expense on the note of $838. During the three months ended June 30, 2020, we amortized $30,533 into interest expense and recorded additional interest expense on the note of $3,814. [6] In March 2020, we received a $150,000 short-term advance. The advance is due on demand, has no interest rate, and is unsecured. During the three months ended June 30, 2020 we made repayments of $27,500 on the debt. [7] In April 2020, we received proceeds of $400,000 after entering into a promissory note that is due six months from the funding date. Under the note six interest only payments of $16,667 are to be made on the 20 th [8] In April 2020 we received $505,300 in proceeds from the Paycheck Protection Program as established by the CARES Act as a result of a Note entered into with the U.S. Small Business Administration. The note has an interest rate of 1% and matures on April 1, 2022. Under the Note we are required to make monthly payments beginning November 1, 2020, however, under the terms of the CARES Act the loan may be forgiven if funds are used for qualifying expenses. During the three months ended June 30, 2020 we recorded $1,025 worth of interest expense on the Note. [9] In April 2020 we received proceeds of $500,000 from a loan entered into with the U.S. Small Business Administration. Under the terms of the loan interest is to accrue at a rate of 3.75% per annum and installment payments of $2,437 monthly will begin twelve months from the date of the loan, with all interest and principal due and payable thirty years from the date of the loan. During the three months ended June 30, 2020 we recorded $3,596 worth of interest on the loan.

Derivative Liability

Derivative Liability	3 Months Ended
	Jun. 30, 2020
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Liability	NOTE 7 – DERIVATIVE LIABILITY During the three months ended June 30, 2020, we had the following activity in our derivative liability account: Derivative liability at March 31, 2020 $ 793,495 Derivative liability recorded on new instruments - Derivative liability reduced by debt settlement - Change in fair value (347,635 ) Derivative liability at June 30, 2020 $ 445,860 We use the binomial option pricing model to estimate fair value for those instruments convertible into common stock, at inception, at conversion date, and at each reporting date. During the three months ended June 30, 2020, the assumptions used in our binomial option pricing model were in the following range: Risk free interest rate 0.16-0.17 % Expected life in years 0.92 – 1.11 Expected volatility 167% - 239 %

Stockholders' Equity (Deficit)

Stockholders' Equity (Deficit)	3 Months Ended
	Jun. 30, 2020
Equity [Abstract]
Stockholders' Equity (Deficit)	NOTE 8 – STOCKHOLDERS’ EQUITY (DEFICIT) Preferred Stock We are authorized to issue up to 50,000,000 shares of preferred stock with a par value of $0.001 and our board of directors has the authority to issue one or more classes of preferred stock with rights senior to those of common stock and to determine the rights, privileges, and preferences of that preferred stock. During the year ended March 31, 2020 our Board of Directors approved the designation of 2,000,000 of the Company’s shares of preferred stock as Series B Cumulative Redeemable Perpetual Preferred Stock (“Series B Preferred Stock”). Our Series B Convertible Preferred Stock holders are entitled to 500 votes per share, are entitled to receive cumulative dividends at the annual rate of 13% per annum of the liquidation price, equal to $3.25 per annum per share. As of June 30, 2020 and March 31, 2020, we had no preferred stock issued or outstanding. Common Stock During the three months ended June 30, 2020, we issued 21,000,000 shares of common stock, valued at $399,000 based on the market value on the day of issuance, for services and compensation, which is subject to forfeiture if the employee or contractor is not in good standing at the time the shares are fully vested. Of the $399,000 value we recognized $83,001 as an expense during the three months ending June 30, 2020 and the remaining $315,999 will be recognized ratably over the vesting term. In addition, during the three months ended June 30, 2020, we recognized $335,953 as expense due to the vesting of shares of common stock previously issued. During the three months ended June 30, 2020, we repurchased 9,079 shares of our common stock from a third party for $272. These shares were immediately canceled. Also during the three months ended June 30, 2020 we recorded an increase in Additional Paid in Capital of $2,000,000 related to beneficial conversion features on our related party debt (see NOTE 5), As of June 30, 2020 and March 31, 2020, the Company had 3,235,481,329 and 3,214,490,408 shares of common stock issued and outstanding, respectively.

Commitments and Contingencies

Commitments and Contingencies	3 Months Ended
	Jun. 30, 2020
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	NOTE 9 – COMMITMENTS AND CONTINGENCIES Litigation In the ordinary course of business, we may be, or have been, involved in legal proceedings from time to time. During the three months ended June 30, 2020 we were not involved in any material legal proceedings.

Operating Lease

Operating Lease	3 Months Ended
	Jun. 30, 2020
Leases [Abstract]
Operating Lease	NOTE 10 – OPERATING LEASE In February 2016, the FASB issued ASU No. 2016-02, Leases In August 2019 we entered an operating lease for office space in Eatontown, New Jersey (the “Eatontown Lease”) and in September 2019 we entered an operating lease for office space in Kaysville, Utah (the “Kaysville Lease”). We have the option to extend the three year lease term of the Eatontown Lease for a period of one year. In addition, we are obligated to pay twelve monthly installments to cover an annual utility charge of $1.75 per rentable square foot for electric usage within the demised premises. As the lessor has the right to digitally meter and charge us accordingly, these payments were deemed variable and will be expensed as incurred. During three months ended June 30, 2020 the variable lease costs amounted to $831. At commencement of the Eatontown Lease, right-of-use assets obtained in exchange for new operating lease liabilities amounted to $110,097. We have the option to extend the twelve-and-a-half-month lease term of the Kaysville Lease for a period of one year. At commencement of the Kaysville Lease, right-of-use assets obtained in exchange for new operating lease liabilities amounted to $21,147. Operating lease expense was $16,397 for the three months ended June 30, 2020. Operating cash flows used for the operating leases during the three months ended June 30, 2020 were $15,897. As of June 30, 2020, the weighted average remaining lease term was 1.98 years and the weighted average discount rate was 12%. Future minimum lease payments under non-cancellable leases as of June 30, 2019 were as follows: Remainder of 2021 $ 37,397 2022 48,000 2023 16,000 Total 101,397 Less: Interest (7,580 ) Present value of lease liability 93,817 Operating lease liability, current [1] (40,974 ) Operating lease liability, long term $ 52,843 [1] Represents lease payments to be made in the next 12 months

Subsequent Events

Subsequent Events	3 Months Ended
	Jun. 30, 2020
Subsequent Events [Abstract]
Subsequent Events	NOTE 11 – SUBSEQUENT EVENTS Subsequent to June 30, 2020, we received proceeds of $100,000 in short-term advances from a related party. Subsequent to June 30, 2020, we cancelled 200,000,000 shares of our common stock that were issued and outstanding. Also, subsequent to June 30, 2020 we issued 4,645 shares of Series B Preferred Stock in connection with the sale of equity units in exchange for net proceeds of $116,125. In accordance with ASC Topic 855, Subsequent Events, we have evaluated subsequent events through the date of this filing and have determined that there are no additional subsequent events that require disclosure.

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	3 Months Ended
	Jun. 30, 2020
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation 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, 2020, are not necessarily indicative of the operating results that may be expected for the year ending March 31, 2021. These unaudited condensed consolidated financial statements should be read in conjunction with the March 31, 2020 consolidated financial statements and notes thereto included in our Annual Report on Form 10-K for the year ended March 31, 2020.
Principles of Consolidation	Principles of Consolidation The consolidated financial statements include the accounts of Investview, Inc., and our wholly owned subsidiaries, Kuvera, LLC, Investment Tools & Training, LLC, Apex Tek, LLC (formerly Razor Data, LLC), S.A.F.E. Management, LLC, SafeTek, LLC (formerly WealthGen Global, LLC), United Games, LLC, United League, LLC, and Kuvera France S.A.S. Through March 31, 2019 we had determined that one affiliated entity, Kuvera LATAM S.A.S., which we previously conducted business with, was a variable interest entity and we were the primary beneficiary of the entity’s activities, which are similar to those of Kuvera, LLC. As a result, through March 31, 2019 we had consolidated the accounts of this variable interest entity into the consolidated financial statements. Further, because the Company did not have any ownership interest in this variable interest entity, the Company had allocated the contributed capital in the variable interest entity as a component of noncontrolling interest. As of April 1, 2019 Kuvera LATAM S.A.S. had no operations and ceased to exist, therefore, as of that date, no consolidation of the entity was necessary and we recorded a gain on deconsolidation of $53,739 to eliminate the intercompany account with Kuvera LATAM S.A.S. All intercompany transactions and balances have been eliminated in consolidation.
Financial Statement Reclassification	Financial Statement Reclassification Certain account balances from prior periods have been reclassified in these consolidated financial statements to conform to current period classifications.
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.
Foreign Exchange	Foreign Exchange We have consolidated the accounts of Kuvera France S.A.S. into our consolidated financial statements. The operations of Kuvera France S.A.S. are conducted in France and its functional currency is the Euro. The financial statements of Kuvera France S.A.S. are prepared using their functional currency and have been translated into U.S. dollars (“USD”). Assets and liabilities are translated into USD at the applicable exchange rates at period-end. Stockholders’ equity is translated using historical exchange rates. Revenue and expenses are translated at the average exchange rates for the period. Any translation adjustments are included as foreign currency translation adjustments in accumulated other comprehensive income in our stockholders’ equity (deficit). The following rates were used to translate the accounts of Kuvera France S.A.S. and Kuvera LATAM S.A.S. into USD at the following balance sheet dates. June 30, 2020 March 31, 2020 Euro to USD 1.12165 1.10314 The following rates were used to translate the accounts of Kuvera France S.A.S. into USD for the following operating periods. Three Months Ended June 30, 2020 2019 Euro to USD 1.10160 1.12398
Restricted Cash	Restricted Cash The following table provides a reconciliation of cash, cash equivalents, and restricted cash reported within the balance sheet that sum to the total of the same such amounts shown in the statement of cash flows. June 30, 2020 March 31, 2020 Cash and cash equivalents $ 1,122,848 $ 137,177 Restricted Cash 26,000 - Total cash, cash equivalents, and restricted cash shown on the statement of cash flows $ 1,148,848 $ 137,177 Amount included in restricted cash represent funds required to be held in an escrow account by a contractual agreement and will be used for paying dividends to our Series B Preferred Stock holders.
Cryptocurrencies	Cryptocurrencies We hold cryptocurrency-denominated assets (“cryptocurrencies”) and include them in our consolidated balance sheet as other current assets. We record cryptocurrencies at fair market value and recognize the change in the fair value of our cryptocurrencies as an unrealized gain or loss in the consolidated statement of operations. As of June 30, 2020 and March 31, 2020 the fair value of our cryptocurrencies was $162,711 and $96,022, respectively. During the three months ended June 30, 2020 we recorded $0 and $91,486 as a total realized and unrealized gain (loss) on cryptocurrency, respectively. During the three months ended June 30, 2019 we recorded $410 and $147,410 as a total realized and unrealized gain (loss) on cryptocurrency, respectively.
Fixed Assets	Fixed Assets Fixed assets are stated at cost and depreciated using the straight-line method over their estimated useful lives. When retired or otherwise disposed, the carrying value and accumulated depreciation of the fixed asset is removed from its respective accounts and the net difference less any amount realized from disposition is reflected in earnings. Expenditures for maintenance and repairs which do not extend the useful lives of the related assets are expensed as incurred. As of June 30, 2020 fixed assets were made up of the following: Estimated Useful Life (years) Value Furniture, fixtures, and equipment 10 $ 12,792 Computer equipment 3 22,752 Data processing equipment 3 7,180,453 7,215,997 Accumulated amortization as of June 30, 2020 (626,111 ) Net book value, June 30, 2020 $ 6,589,886 Total depreciation expense for the three months ended June 30, 2020 and 2019, was $377,582 and $1,220, respectively.
Long-lived Assets - Intangible Assets & License Agreement	Long-Lived Assets – Intangible Assets & License Agreement We account for our intangible assets and long-term license agreement in accordance with ASC Subtopic 350-30, General Intangibles Other Than Goodwill, and ASC Subtopic 360-10-05, Accounting for the Impairment or Disposal of Long-Lived Assets. ASC Subtopic 350-30 requires assets to be measured based on the fair value of the consideration given or the fair value of the assets (or net assets) acquired, whichever is more clearly evident and, thus, more reliably measurable. Further, ASC Subtopic 350-30 requires an intangible asset to be amortized over its useful life and for the useful life to be evaluated every reporting period to determine whether events or circumstances warrant a revision to the remaining period of amortization. If the estimate of useful life is changed the remaining carrying amount of the intangible asset is amortized prospectively over the revised remaining useful life. Costs of internally developing, maintaining, or restoring intangible assets are recognized as an expense when incurred. In June of 2017 we issued 80,000,000 shares of common stock with a value of $2,256,000 for a 15-year license agreement. Annual amortization over the 15-year life is expected to be $150,400 per year. Amortization recognized for the three months ended June 30, 2020 and 2019 was $0 and $37,497, respectively, and the long-term license agreement was recorded at a net value of $0 as of June 30, 2020 and March 31, 2020 due to the asset being impaired as of March 31, 2020. In June of 2018 we purchased United Games, LLC and United League, LLC and recorded the transaction as a business combination. Intangible assets acquired in the business combination were recorded at fair value on the date of acquisition and are being amortized on a straight-line method over their estimated useful lives. As of June 30, 2020 intangible assets were made up of the following: Estimated Useful Life (years) Value FireFan mobile application 4 $ 331,000 Back office software 10 408,000 Tradename/trademark - FireFan 5 248,000 Tradename/trademark - United Games 0.45 4,000 991,000 Accumulated amortization as of June 30, 2020 (341,287 ) Net book value, June 30, 2020 $ 649,713 Amortization expense for the three months ended June 30, 2020 and 2019 was $43,169 and $84,306, respectively. Amortization expense is expected to be as follows: Remainder of 2021 $ 129,981 Fiscal year ending March 31, 2022 173,150 Fiscal year ending March 31, 2023 173,150 Fiscal year ending March 31, 2024 32,589 Fiscal year ending March 31, 2025 6,148 Fiscal year ending March 31, 2026 and beyond 134,695 $ 649,713
Impairment of Long-lived Assets	Impairment of Long-Lived Assets We have adopted ASC Subtopic 360-10, Property, Plant and Equipment (“ASC 360-10”). ASC 360-10 requires that long-lived assets and certain identifiable intangibles held and used by the Company be reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable or when the historical cost carrying value of an asset may no longer be appropriate. Events relating to recoverability may include significant unfavorable changes in business conditions, recurring losses, or a forecasted inability to achieve break-even operating results over an extended period. We evaluate the recoverability of long-lived assets based upon future net cash flows expected to result from the asset, including eventual disposition. Should impairment in value be indicated, the carrying value of intangible assets will be adjusted and an impairment loss is recorded equal to the difference between the asset’s carrying value and fair value or disposable value. During the three months ended June 30, 2020 and 2019 no impairment was recognized.
Fair Value of Financial Instruments	Fair Value of Financial Instruments Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date, based on our principal or, in the absence of a principal, most advantageous market for the specific asset or liability. U.S. generally accepted accounting principles provide for a three-level hierarchy of inputs to valuation techniques used to measure fair value, defined as follows: Level 1: Inputs that are quoted prices (unadjusted) for identical assets or liabilities in active markets that the entity can access. Level 2: Inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly, for substantially the full term of the asset or liability, including: - quoted prices for similar assets or liabilities in active markets; - quoted prices for identical or similar assets or liabilities in markets that are not active; - inputs other than quoted prices that are observable for the asset or liability; and - inputs that are derived principally from or corroborated by observable market data by correlation or other means. Level 3: Inputs that are unobservable and reflect management’s own assumptions about the inputs market participants would use in pricing the asset or liability based on the best information available in the circumstances (e.g., internally derived assumptions surrounding the timing and amount of expected cash flows). Our financial instruments consist of cash, accounts receivable, accounts payable, and debt. We have determined that the book value of our outstanding financial instruments as of June 30, 2020 and March 31, 2020, approximates the fair value due to their short-term nature. 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, 2020: Level 1 Level 2 Level 3 Total Cryptocurrencies $ 162,711 $ - $ - $ 162,711 Total Assets $ 162,711 $ - $ - $ 162,711 Derivative liability $ - $ - $ 445,860 $ 445,860 Total Liabilities $ - $ - $ 445,860 $ 445,860 Items recorded or measured at fair value on a recurring basis in the accompanying consolidated financial statements consisted of the following items as of March 31, 2020: Level 1 Level 2 Level 3 Total Cryptocurrencies $ 96,022 $ - $ - $ 96,022 Total Assets $ 96,022 $ - $ - $ 96,022 Derivative liability $ - $ - $ 793,495 $ 793,495 Total Liabilities $ - $ - $ 793,495 $ 793,495
Sale and Leaseback	Sale and Leaseback Through our wholly-owned subsidiary, APEX Tex, LLC, we sell high powered data processing equipment (“APEX”) to our customers and they lease the equipment back to SAFETek, LLC, another of our wholly-owned subsidiaries. We account for these transactions under ASC 842-40 where the leaseback has been deemed a sales-type lease due to the lease term generally covering the entire economic life of the equipment and our likelihood to purchase the asset at the end of the lease term. In accordance with ASC 842-40 we have recorded the data processing equipment as a fixed asset on our balance sheet and we have accounted for the amounts received for the equipment as a financial liability, in other liabilities on our balance sheet. Further, we will recognize interest on the financial liability over the term of the lease to ensure the financial liability equates to the total amounts to be paid over the life of the lease. During the three months ended June 30, 2020 we had the following activity related to our sale and leaseback transactions: Total Financial Contra- Net Financial Current [1] Long Term Balance as of March 31, 2020 $ 53,828,000 $ (38,535,336 ) $ 15,292,664 $ 11,407,200 $ 3,885,464 Proceeds from sales of APEX 2,340,432 - 2,340,432 Interest recorded on financial liability 3,659,568 (3,659,568 ) - Payments made for leased equipment (901,000 ) - (901,000 ) Interest expense - 1,826,072 1,826,072 Balance as of June 30, 2020 $ 58,927,000 $ (40,368,832 ) $ 18,558,168 $ 12,607,200 $ 5,950,968 [1] Represents lease payments to be made in the next 12 months The $40,368,832 is expected to be recognized into interest as follows: Remainder of 2021 $ 7,166,769 Fiscal year ending March 31, 2022 8,158,547 Fiscal year ending March 31, 2023 8,158,547 Fiscal year ending March 31, 2024 8,158,547 Fiscal year ending March 31, 2025 and beyond 8,726,422 $ 40,368,832 During the three months ended June 30, 2020 we received additional proceeds for APEX sales which were recorded in the customer advance amount shown on our balance sheet, resulting in a net increase in the account of $2,063,236.
Revenue Recognition	Revenue Recognition Subscription Revenue The majority of our revenue is generated by subscription sales and payment is received at the time of purchase. We recognize subscription revenue in accordance with ASC 606-10 where revenue is measured based on a consideration specified in a contract with a customer and recognized when we satisfy the performance obligation specified in each contract. Our performance obligation is to provide services over a fixed subscription period; therefore, we recognize revenue ratably over the subscription period and deferred revenue is recorded for the portion of the subscription period subsequent to each reporting date. Additionally, we offer a 10-day trial period to first time subscription customers, during which a full refund can be requested if a customer does not like the product. Revenues are deferred during the trial period as collection is not probable until that time has passed. Revenues are presented net of refunds, sales incentives, credits, and known and estimated credit card chargebacks. Mining Revenue Through our wholly owned subsidiary, SAFETek, LLC, we lease equipment under a sales-type lease and use the equipment on blockchain networks to validate and add blocks of transactions to blockchain ledgers (commonly referred to as “mining”). As compensation for mining we are issued fees from processors and/or block rewards that are newly created cryptocurrency units granted to us. Our mining activities constitute our ongoing major and central operations of SAFETek, LLC. Because we do not have contracts, nor do we have customers associated with our mining revenue, we recognize revenue when fees and/or rewards are settled, or ultimately granted to us as a result of our mining activities. Fee Revenue We generate fee revenue from our customers through SAFE Management, our subsidiary licensed as a Registered Investment Advisor and Commodities Trading Advisor. We recognize fee revenue in accordance with ASC 606-10 where revenue is measured based on a consideration specified in a contract with a customer and recognized when we satisfy the performance obligation specified in each contract. Our performance obligation is to deliver fully managed trading services to individuals who do not meet the requirements of Qualified Investors and who lack the time to trade for themselves. We recognize fee revenue as our performance obligation is met and we receive payment for such advisory fees in the month following recognition. Revenue generated for the three months ended June 30, 2020 is as follows: Subscription Mining Revenue Fee Revenue Total Gross billings/receipts $ 4,559,960 $ 1,342,546 $ 4,013 $ 5,906,519 Refunds, incentives, credits, and chargebacks (316,703 ) - - (316,703 ) Net revenue $ 4,243,257 $ 1,342,546 $ 4,013 $ 5,589,816 For the three months ended June 30, 2020 foreign and domestic revenues were approximately $4 million and $1.6 million, respectively. Revenue generated for the three months ended June 30, 2019 is as follows: Subscription Mining Fee Revenue Total Gross billings/receipts $ 8,292,701 $ - $ - $ 8,292,701 Refunds, incentives, credits, and chargebacks (780,988 ) - - (790,988 ) Net revenue $ 7,511,713 $ - $ - $ 7,511,713 For the three months ended June 30, 2019 foreign and domestic revenues were approximately $7.1 million and $400,000, respectively.
Net Income (Loss) Per Share	Net Income (Loss) per Share We follow ASC subtopic 260-10, Earnings per Share (“ASC 260-10”), which specifies 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. Potentially dilutive securities excluded from the computation of basic and diluted net loss per share are as follows: June 30, June 30, Options to purchase common stock - 35,000 Warrants to purchase common stock - 5,052,497 Notes convertible into common stock 180,609,479 172,829,927 Totals 180,609,479 177,914,424
Lease Obligation	Lease Obligation We determine if an arrangement is a lease at inception. Operating leases are included in the operating lease right-of-use asset account, the operating lease liability, current account, and the operating lease liability, long term account in our balance sheet. Right-of-use assets represent our right to use an underlying asset for the lease term and lease liabilities represent our obligation to make lease payments arising from the lease. Operating lease right-of-use assets and liabilities are recognized at commencement date based on the present value of lease payments over the lease term. For leases in which the rate implicit in the lease is not readily determinable, we use our incremental borrowing rate based on the information available at commencement date in determining the present value of lease payments. Lease terms include options to extend or terminate the lease when it is reasonably certain that we will exercise that option. Lease expense for operating lease arrangements is recognized on a straight-line basis over the lease term. We have elected the practical expedient and will not separate non-lease components from lease components and will instead account for

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Tables)	3 Months Ended
	Jun. 30, 2020
Accounting Policies [Abstract]
Schedule of Exchange Rates	The following rates were used to translate the accounts of Kuvera France S.A.S. and Kuvera LATAM S.A.S. into USD at the following balance sheet dates. June 30, 2020 March 31, 2020 Euro to USD 1.12165 1.10314 The following rates were used to translate the accounts of Kuvera France S.A.S. into USD for the following operating periods. Three Months Ended June 30, 2020 2019 Euro to USD 1.10160 1.12398
Schedule of Reconciliation of Cash, Cash Equivalents, and Restricted Cash	The following table provides a reconciliation of cash, cash equivalents, and restricted cash reported within the balance sheet that sum to the total of the same such amounts shown in the statement of cash flows. June 30, 2020 March 31, 2020 Cash and cash equivalents $ 1,122,848 $ 137,177 Restricted Cash 26,000 - Total cash, cash equivalents, and restricted cash shown on the statement of cash flows $ 1,148,848 $ 137,177
Schedule of Fixed Assets	As of June 30, 2020 fixed assets were made up of the following: Estimated Useful Life (years) Value Furniture, fixtures, and equipment 10 $ 12,792 Computer equipment 3 22,752 Data processing equipment 3 7,180,453 7,215,997 Accumulated amortization as of June 30, 2020 (626,111 ) Net book value, June 30, 2020 $ 6,589,886
Schedule of Long-Lived Assets	As of June 30, 2020 intangible assets were made up of the following: Estimated Useful Life (years) Value FireFan mobile application 4 $ 331,000 Back office software 10 408,000 Tradename/trademark - FireFan 5 248,000 Tradename/trademark - United Games 0.45 4,000 991,000 Accumulated amortization as of June 30, 2020 (341,287 ) Net book value, June 30, 2020 $ 649,713
Schedule of Amortization Expense	Amortization expense for the three months ended June 30, 2020 and 2019 was $43,169 and $84,306, respectively. Amortization expense is expected to be as follows: Remainder of 2021 $ 129,981 Fiscal year ending March 31, 2022 173,150 Fiscal year ending March 31, 2023 173,150 Fiscal year ending March 31, 2024 32,589 Fiscal year ending March 31, 2025 6,148 Fiscal year ending March 31, 2026 and beyond 134,695 $ 649,713
Schedule of Fair Value Assets and Liabilities Measured on Recurring Basis	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, 2020: Level 1 Level 2 Level 3 Total Cryptocurrencies $ 162,711 $ - $ - $ 162,711 Total Assets $ 162,711 $ - $ - $ 162,711 Derivative liability $ - $ - $ 445,860 $ 445,860 Total Liabilities $ - $ - $ 445,860 $ 445,860 Items recorded or measured at fair value on a recurring basis in the accompanying consolidated financial statements consisted of the following items as of March 31, 2020: Level 1 Level 2 Level 3 Total Cryptocurrencies $ 96,022 $ - $ - $ 96,022 Total Assets $ 96,022 $ - $ - $ 96,022 Derivative liability $ - $ - $ 793,495 $ 793,495 Total Liabilities $ - $ - $ 793,495 $ 793,495
Summary of Activity Related to Sale and Leaseback Transactions	During the three months ended June 30, 2020 we had the following activity related to our sale and leaseback transactions: Total Financial Contra- Net Financial Current [1] Long Term Balance as of March 31, 2020 $ 53,828,000 $ (38,535,336 ) $ 15,292,664 $ 11,407,200 $ 3,885,464 Proceeds from sales of APEX 2,340,432 - 2,340,432 Interest recorded on financial liability 3,659,568 (3,659,568 ) - Payments made for leased equipment (901,000 ) - (901,000 ) Interest expense - 1,826,072 1,826,072 Balance as of June 30, 2020 $ 58,927,000 $ (40,368,832 ) $ 18,558,168 $ 12,607,200 $ 5,950,968 [1] Represents lease payments to be made in the next 12 months
Schedule of Sale and Leaseback Transactions	The $40,368,832 is expected to be recognized into interest as follows: Remainder of 2021 $ 7,166,769 Fiscal year ending March 31, 2022 8,158,547 Fiscal year ending March 31, 2023 8,158,547 Fiscal year ending March 31, 2024 8,158,547 Fiscal year ending March 31, 2025 and beyond 8,726,422 $ 40,368,832
Schedule of Revenue Generated	Revenue generated for the three months ended June 30, 2020 is as follows: Subscription Mining Revenue Fee Revenue Total Gross billings/receipts $ 4,559,960 $ 1,342,546 $ 4,013 $ 5,906,519 Refunds, incentives, credits, and chargebacks (316,703 ) - - (316,703 ) Net revenue $ 4,243,257 $ 1,342,546 $ 4,013 $ 5,589,816 Revenue generated for the three months ended June 30, 2019 is as follows: Subscription Mining Fee Revenue Total Gross billings/receipts $ 8,292,701 $ - $ - $ 8,292,701 Refunds, incentives, credits, and chargebacks (780,988 ) - - (790,988 ) Net revenue $ 7,511,713 $ - $ - $ 7,511,713
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share	Potentially dilutive securities excluded from the computation of basic and diluted net loss per share are as follows: June 30, June 30, Options to purchase common stock - 35,000 Warrants to purchase common stock - 5,052,497 Notes convertible into common stock 180,609,479 172,829,927 Totals 180,609,479 177,914,424

Related Party Transactions (Tab

Related Party Transactions (Tables)	3 Months Ended
	Jun. 30, 2020
Related Party Transactions [Abstract]
Schedule of Related Party Payables	Our related-party payables consisted of the following: June 30, March 31, Short-term advances [1] $ 818,188 $ 876,427 Promissory note entered into on 1/30/20 [2] 1,083,060 1,033,333 Convertible Promissory Note entered into on 4/27/20 [3] 22,782 - Convertible Promissory Note entered into on 5/27/20 [4] 6,571 - Accounts payable – related party [5] 63,000 55,000 $ 1,993,601 $ 1,964,760 [1] We periodically receive advances for operating funds from our current majority shareholders and other related parties, including entities that are owned, controlled, or influenced by our owners or management. These advances are due on demand and are unsecured. During the three months ended June 30, 2020, we received $2,271,135 in cash proceeds from advances, incurred $40,000 in interest expense on the advances, and repaid related parties $2,369,374. [2] We entered into a $1,000,000 promissory note with Joeseph Cammarata, our Chief Executive Officer, on January 30, 2020. The term of the note is one year, at which time the principal and interest of 20%, or $200,000 will be due. During the three months ended June 30, 2020 we recognized $49,727 of interest expense on the note. [3] On April 27, 2020 we received proceeds of $1,300,000 from DBR Capital, LLC, an entity controlled by members of our Board of Directors. The note bears interest at 20% per annum, payable monthly, and the principal is due and payable on April 27, 2030. The note is convertible into common stock at a conversion price of $0.01257 per share therefore during the three months ended June 30, 2020 we recorded a beneficial conversion feature and debt discount of $1,300,000 (see NOTE 8). During the three months ended June 30, 2020 we recognized $22,782 of the debt discount into interest expense as well as expensed and paid an additional $46,222 of interest expense on the note. [4] On May 27, 2020 we received proceeds of $700,000 from DBR Capital, LLC, an entity controlled by members of our Board of Directors. The note bears interest at 20% per annum, payable monthly, and the principal is due and payable on April 27, 2030. The note is convertible into common stock at a conversion price of $0.01257 per share therefore during the three months ended June 30, 2020 we recorded a beneficial conversion feature and debt discount of $700,000 (see NOTE 8). During the three months ended June 30, 2020 we recognized $6,571 of the debt discount into interest expense as well as expensed and paid an additional $13,613 of interest expense on the note. [5] During the three months ended June 30, 2020 we paid $15,000 to an accounting firm owned by our Chief Financial Officer to reduce amounts previously owed. We also incurred $68,000 to reimburse DBR Capital, LLC, for amounts paid on our behalf. Of that $68,000, $45,000 was repaid during the three months ended June 30, 2020.

Debt (Tables)

Debt (Tables)	3 Months Ended
	Jun. 30, 2020
Debt Disclosure [Abstract]
Schedule of Debt	Our debt consisted of the following: June 30, March 31, Short-term advance received on 8/31/18 [1] $ 65,000 $ 65,000 Secured merchant agreement for future receivables entered into on 8/16/19 and 408,637 1,223,615 Secured merchant agreement for future receivables entered into on 8/16/19 [3] - 260,090 Convertible promissory note entered into on 3/5/20 [4] 58,822 13,072 Convertible promissory note entered into on 3/11/20 [5] 41,896 7,549 Short-term advance received on 3/25/20 [6] 122,500 150,000 Promissory note entered into on 4/10/20 [7] 400,000 - Note issued under the Paycheck Protection Program on 4/17/20 [8] 506,325 - Loan with the U.S. Small Business Administration dated 4/19/20 [9] 503,596 - $ 2,106,776 $ 1,719,326 [1] In August 2018, we received a $75,000 short-term advance. The advance is due on demand, has no interest rate, and is unsecured. During the three months ended June 30, 2020 we made no payments on the debt. [2] During August 2019, we entered into a Secured Merchant Agreement for future receivables with an entity that provides quick access to working capital. On August 15, 2019, we received proceeds from this arrangement of $339,270 after paying off $316,093 and $297,033 from two separate February 2018 agreements. In accordance with the terms of the new agreement, we were required to repay $1,399,000 by making daily ACH payments of $6,823. Accordingly, we recorded $446,604 as a debt discount at the inception of the agreement, which was the difference between the funds received plus the earlier debt paid off, and the amount that was to be repaid. Effective December 10, 2019 this debt was refinanced and the outstanding balance of $839,514 was rolled into a new Secured Merchant Agreement for future receivables. Prior to the refinance, we repaid $559,486 and amortized $446,605 into interest expense related to the August 2019 arrangement. As a result of the refinancing arrangement we received proceeds of $854,801. In accordance with the terms of the agreement, we were required to repay $2,448,250 by making daily ACH payments of $10,999. Accordingly, we recorded $753,935 as a debt discount at the inception of the agreement, which was the difference between the funds received plus the earlier debt paid off, and the amount that was to be repaid. During the year ended March 31, 2020, after the refinance, we repaid $747,932 and amortized $277,232 into interest expense related to the new December 2019 agreement. During the three months ended June 30, 2020 we repaid $1,041,496 and amortized $226,518 into interest expense. [3] During August 2019, we entered into a Secured Merchant Agreement for future receivables with an entity that provides quick access to working capital. In August 2019, we received proceeds from this arrangement of $418,381 after paying off $382,000 from an October 2018 agreement. In accordance with the terms of the agreement, we were required to repay $1,189,150 by making daily ACH payments of $5,801. Accordingly, we recorded $388,769 as a debt discount at the inception of the agreement, which was the difference between the funds received plus the earlier debt paid off, and the amount that was to be repaid. During the year ended March 31, 2020, we repaid $853,203 and amortized $312,912 into interest expense. During the three months ended June 30, 2020 we repaid $330,013, recorded a $5,934 gain on settlement of debt, and amortized $75,857 into interest expense [4] In March 2020, we entered into a Convertible Promissory Note and received proceeds of $200,000 after incurring loan fees of $3,000. The note incurs interest at 10% per annum and has a maturity date of June 2, 2021. The Convertible Promissory Note has a variable conversion rate that is 65% of the average of the two lowest trading prices during the previous 15-trading-day period, subject to adjustment. Therefore, the conversion feature is accounted for as a derivative instrument (see Note 7). At inception, we recorded a debt discount of $203,000 and captured loan fees, recorded as interest expense, of $116,077. During the year ended March 31, 2020, we amortized $11,626 into interest expense, and recorded additional interest expense on the note of $1,446. During the three months ended June 30, 2020, we amortized $40,689 into interest expense, and recorded additional interest expense on the note of $5,061. [5] In March 2020, we entered into a Convertible Promissory Note and received proceeds of $150,000 after incurring loan fees of $3,000. The note incurs interest at 10% per annum and has a maturity date of June 10, 2021. The Convertible Promissory Note has a variable conversion rate that is 65% of the average of the two lowest trading prices during the previous 15-trading-day period, subject to adjustment. Therefore, the conversion feature is accounted for as a derivative instrument (see Note 7). At inception, we recorded a debt discount of $153,000 and captured loan fees, recorded as interest expense, of $148,432. During the year ended March 31, 2020, we amortized $6,711 into interest expense, and recorded additional interest expense on the note of $838. During the three months ended June 30, 2020, we amortized $30,533 into interest expense and recorded additional interest expense on the note of $3,814. [6] In March 2020, we received a $150,000 short-term advance. The advance is due on demand, has no interest rate, and is unsecured. During the three months ended June 30, 2020 we made repayments of $27,500 on the debt. [7] In April 2020, we received proceeds of $400,000 after entering into a promissory note that is due six months from the funding date. Under the note six interest only payments of $16,667 are to be made on the 20 th [8] In April 2020 we received $505,300 in proceeds from the Paycheck Protection Program as established by the CARES Act as a result of a Note entered into with the U.S. Small Business Administration. The note has an interest rate of 1% and matures on April 1, 2022. Under the Note we are required to make monthly payments beginning November 1, 2020, however, under the terms of the CARES Act the loan may be forgiven if funds are used for qualifying expenses. During the three months ended June 30, 2020 we recorded $1,025 worth of interest expense on the Note. [9] In April 2020 we received proceeds of $500,000 from a loan entered into with the U.S. Small Business Administration. Under the terms of the loan interest is to accrue at a rate of 3.75% per annum and installment payments of $2,437 monthly will begin twelve months from the date of the loan, with all interest and principal due and payable thirty years from the date of the loan. During the three months ended June 30, 2020 we recorded $3,596 worth of interest on the loan.

Derivative Liability (Tables)

Derivative Liability (Tables)	3 Months Ended
	Jun. 30, 2020
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Derivative Liability	During the three months ended June 30, 2020, we had the following activity in our derivative liability account: Derivative liability at March 31, 2020 $ 793,495 Derivative liability recorded on new instruments - Derivative liability reduced by debt settlement - Change in fair value (347,635 ) Derivative liability at June 30, 2020 $ 445,860
Schedule of Assumptions Used in Binominal Option Pricing Model	During the three months ended June 30, 2020, the assumptions used in our binomial option pricing model were in the following range: Risk free interest rate 0.16-0.17 % Expected life in years 0.92 – 1.11 Expected volatility 167% - 239 %

Operating Lease (Tables)

Operating Lease (Tables)	3 Months Ended
	Jun. 30, 2020
Leases [Abstract]
Schedule of Future Minimum Lease Payments Under Non-cancellable Leases	Future minimum lease payments under non-cancellable leases as of June 30, 2019 were as follows: Remainder of 2021 $ 37,397 2022 48,000 2023 16,000 Total 101,397 Less: Interest (7,580 ) Present value of lease liability 93,817 Operating lease liability, current [1] (40,974 ) Operating lease liability, long term $ 52,843 [1] Represents lease payments to be made in the next 12 months

Organization and Nature of Bu_2

Organization and Nature of Business (Details Narrative) - USD ($)	Jul. 20, 2018	Jun. 06, 2017	Mar. 31, 2017	Jun. 30, 2020
Entity incorporation, date of incorporation				Jan. 30, 1946
Contribution Agreement [Member] | Wealth Generators, LLC [Member]
Percentage on contributed shares			100.00%
Number of shares exchanged for common stock			1,358,670,942
Acquisition Agreement [Member] | Market Trend Strategies, LLC [Member]
Value pre-merger liabilities		$ 419,139
Purchase Agreement [Member] | United Games Marketing, LLC [Member]
Number of shares purchased	50,000,000

Summary of Significant Accoun_4

Summary of Significant Accounting Policies (Details Narrative) - USD ($)	Apr. 02, 2019	Jun. 30, 2017	Jun. 30, 2020	Jun. 30, 2019	Mar. 31, 2020
Gain on deconsolidation				$ 53,739
Other assets current			162,711		$ 96,022
Realized (gain) loss on cryptocurrency				410
Unrealized (gain) loss on cryptocurrency			91,486	147,410
Depreciation expense			377,582	1,220
Amortization				37,497
Long-term license agreement			0		$ 0
Amortization expense			43,169	84,306
Impairment of long lived assets
Expected to be recognized into interest			40,368,832
Increase in customer advance			2,063,236
Revenue			5,589,816	7,511,713
Foreign Revenues [Member]
Revenue			4,000,000	7,100,000
Domestic Revenue [Member]
Revenue			$ 1,600,000	$ 400,000
License Agreement [Member]
Number of shares issued during period		80,000,000
Value of shares issued during period		$ 2,256,000
Agreement term		15 years
Annual amortization on intangible assets		15 years
Amortization		$ 150,400
Kuvera LATAM S.A.S [Member]
Gain on deconsolidation	$ 53,739

Summary of Significant Accoun_5

Summary of Significant Accounting Policies - Schedule of Exchange Rates (Details) - Euro to USD [Member]	3 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Mar. 31, 2020
Exchange Rate at Balance Sheet Dates	1.12165		1.10314
Exchange Rate for Operating Periods	1.10160	1.12398

Summary of Significant Accoun_6

Summary of Significant Accounting Policies - Schedule of Reconciliation of Cash, Cash Equivalents, and Restricted Cash (Details) - USD ($)	Jun. 30, 2020	Mar. 31, 2020	Jun. 30, 2019	Mar. 31, 2019
Accounting Policies [Abstract]
Cash and cash equivalents	$ 1,122,848	$ 137,177
Restricted Cash	26,000
Total cash, cash equivalents, and restricted cash shown on the statement of cash flows	$ 1,148,848	$ 137,177	$ 102,481	$ 133,644

Summary of Significant Accoun_7

Summary of Significant Accounting Policies - Schedule of Fixed Assets (Details) - USD ($)	3 Months Ended
	Jun. 30, 2020	Mar. 31, 2020
Property, plant and equipment, gross	$ 7,215,997
Accumulated amortization	(626,111)
Net book value	$ 6,589,886	$ 2,997,611
Furniture, Fixtures, and Equipment [Member]
Estimated useful life of fixed assets	10 years
Property, plant and equipment, gross	$ 12,792
Computer Equipment [Member]
Estimated useful life of fixed assets	3 years
Property, plant and equipment, gross	$ 22,752
Data Processing Equipment [Member]
Estimated useful life of fixed assets	3 years
Property, plant and equipment, gross	$ 7,180,453

Summary of Significant Accoun_8

Summary of Significant Accounting Policies - Schedule of Long-Lived Assets (Details)	3 Months Ended
	Jun. 30, 2020USD ($)
Long-lived intangible assets	$ 991,000
Accumulated amortization	(341,287)
Net book value	$ 649,713
FireFan Mobile Application [Member]
Estimated Useful Life	4 years
Long-lived intangible assets	$ 331,000
Back Office Software [Member]
Estimated Useful Life	10 years
Long-lived intangible assets	$ 408,000
Tradename/Trademark - FireFan [Member]
Estimated Useful Life	5 years
Long-lived intangible assets	$ 248,000
Tradename/Trademark - United Games [Member]
Estimated Useful Life	5 months 12 days
Long-lived intangible assets	$ 4,000

Summary of Significant Accoun_9

Summary of Significant Accounting Policies - Schedule of Amortization Expense (Details)	Jun. 30, 2020USD ($)
Accounting Policies [Abstract]
Remainder of 2021	$ 129,981
Fiscal year ending March 31, 2022	173,150
Fiscal year ending March 31, 2023	173,150
Fiscal year ending March 31, 2024	32,589
Fiscal year ending March 31, 2025	6,148
Fiscal year ending March 31, 2026 and beyond	134,695
Total	$ 649,713

Summary of Significant Accou_10

Summary of Significant Accounting Policies - Schedule of Fair Value Assets and Liabilities Measured on Recurring Basis (Details) - USD ($)	Jun. 30, 2020	Mar. 31, 2020
Cryptocurrencies	$ 162,711	$ 96,022
Total Assets	162,711	96,022
Derivative liability	445,860	793,495
Total Liabilities	445,860	793,495
Level 1 [Member]
Cryptocurrencies	162,711	96,022
Total Assets	162,711	96,022
Derivative liability
Total Liabilities
Level 2 [Member]
Cryptocurrencies
Total Assets
Derivative liability
Total Liabilities
Level 3 [Member]
Cryptocurrencies
Total Assets
Derivative liability	445,860	793,495
Total Liabilities	$ 445,860	$ 793,495

Summary of Significant Accou_11

Summary of Significant Accounting Policies - Summary of Activity Related to Sale and Leaseback Transactions (Details)	3 Months Ended
	Jun. 30, 2020USD ($)
Beginning balance, long term	$ 3,885,464
Interest expense	226,518
Ending balance, long term	5,950,968
Sale and Leaseback [Member]
Beginning balance, current	11,407,200
Beginning balance, long term	3,885,464
Ending balance, current	12,607,200
Ending balance, long term	5,950,968
Total Financial Liability [Member] | Sale and Leaseback [Member]
Beginning balance, current	53,828,000
Proceeds from sales of APEX	2,340,432
Interest recognized on financial liability	3,659,568
Payments made for leased equipment	(901,000)
Interest expense
Ending balance, current	58,927,000
Contra Liability [Member] | Sale and Leaseback [Member]
Beginning balance, current	(38,535,336)
Proceeds from sales of APEX
Interest recognized on financial liability	(3,659,568)
Payments made for leased equipment
Interest expense	1,826,072
Ending balance, current	(40,368,832)
Net Financial Liability [Member] | Sale and Leaseback [Member]
Beginning balance, current	15,292,664
Proceeds from sales of APEX	2,340,432
Interest recognized on financial liability
Payments made for leased equipment	(901,000)
Interest expense	1,826,072
Ending balance, current	$ 18,558,168

Summary of Significant Accou_12

Summary of Significant Accounting Policies - Schedule of Sale and Leaseback Transactions (Details)	Jun. 30, 2020USD ($)
Accounting Policies [Abstract]
Remainder of 2021	$ 7,166,769
Fiscal year ending March 31, 2022	8,158,547
Fiscal year ending March 31, 2023	8,158,547
Fiscal year ending March 31, 2024	8,158,547
Fiscal year ending March 31, 2025 and beyond	8,726,422
Sale Leaseback Transaction, Net	$ 40,368,832

Summary of Significant Accou_13

Summary of Significant Accounting Policies - Schedule of Revenue Generated (Details) - USD ($)	3 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
Gross billings/receipts	$ 5,906,519	$ 8,292,701
Refunds, incentives, credits, and chargebacks	(316,703)	(780,988)
Net revenue	5,589,816	7,511,713
Subscription Revenue [Member]
Gross billings/receipts	4,559,960	8,292,701
Refunds, incentives, credits, and chargebacks	(316,703)	(780,988)
Net revenue	4,243,257	7,511,713
Mining Revenue [Member]
Gross billings/receipts	1,342,546
Refunds, incentives, credits, and chargebacks
Net revenue	1,342,546
Fee Revenue [Member]
Gross billings/receipts	4,013
Refunds, incentives, credits, and chargebacks
Net revenue	$ 4,013

Summary of Significant Accou_14

Summary of Significant Accounting Policies - Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share (Details) - shares	3 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	180,609,479	177,914,424
Options to Purchase Common Stock [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount		35,000
Warrants to Purchase Common Stock [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount		5,052,497
Note Convertible into Common Stock [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	180,609,479	172,829,927

Going Concern and Liquidity (De

Going Concern and Liquidity (Details Narrative) - USD ($)	1 Months Ended		3 Months Ended
	Aug. 14, 2020	Apr. 30, 2020	Jun. 30, 2020	Jun. 30, 2019	Mar. 31, 2020
Accumulated deficit			$ 51,295,961		$ 46,382,174
Net loss			(4,913,787)	$ (3,005,955)
Cash			1,122,848		$ 137,177
Working capital deficit			18,096,913
Proceeds from new debt arrangements			1,405,300	200,000
Proceeds from related parties			4,339,135
Net cash provided by operations			906,350	$ 902,970
Purchase of promissory notes			$ 1,041,496
On or Before October 31, 2020 [Member]
Purchase of promissory notes		$ 9,000,000
Subsequent Event [Member] | New Lending Arrangements [Member]
Proceeds from new debt arrangements	$ 100,000

Related-Party Transactions - Sc

Related-Party Transactions - Schedule of Related Party Payables (Details) - USD ($)		Jun. 30, 2020	Mar. 31, 2020
Related Party Transactions [Abstract]
Short-term advances	[1]	$ 818,188	$ 876,427
Promissory Note entered into on 1/30/20	[2]	1,083,060	1,033,333
Convertible Promissory Note entered into on 4/27/20	[3]	22,782
Convertible Promissory Note entered into on 5/27/20	[4]	6,571
Accounts payable - related party	[5]	63,000	55,000
Total related party payable		$ 1,993,601	$ 1,964,760
[1]	We periodically receive advances for operating funds from our current majority shareholders and other related parties, including entities that are owned, controlled, or influenced by our owners or management. These advances are due on demand and are unsecured. During the three months ended June 30, 2020, we received $2,271,135 in cash proceeds from advances, incurred $40,000 in interest expense on the advances, and repaid related parties $2,369,374.
[2]	We entered into a $1,000,000 promissory note with Joeseph Cammarata, our Chief Executive Officer, on January 30, 2020. The term of the note is one year, at which time the principal and interest of 20%, or $200,000 will be due. During the three months ended June 30, 2020 we recognized $49,727 of interest expense on the note.
[3]	On April 27, 2020 we received proceeds of $1,300,000 from DBR Capital, LLC, an entity controlled by members of our Board of Directors. The note bears interest at 20% per annum, payable monthly, and the principal is due and payable on April 27, 2030. The note is convertible into common stock at a conversion price of $0.01257 per share therefore during the three months ended June 30, 2020 we recorded a beneficial conversion feature and debt discount of $1,300,000 (see NOTE 8). During the three months ended June 30, 2020 we recognized $22,782 of the debt discount into interest expense as well as expensed and paid an additional $46,222 of interest expense on the note.
[4]	On May 27, 2020 we received proceeds of $700,000 from DBR Capital, LLC, an entity controlled by members of our Board of Directors. The note bears interest at 20% per annum, payable monthly, and the principal is due and payable on April 27, 2030. The note is convertible into common stock at a conversion price of $0.01257 per share therefore during the three months ended June 30, 2020 we recorded a beneficial conversion feature and debt discount of $700,000 (see NOTE 8). During the three months ended June 30, 2020 we recognized $6,571 of the debt discount into interest expense as well as expensed and paid an additional $13,613 of interest expense on the note.
[5]	During the three months ended June 30, 2020 we paid $15,000 to an accounting firm owned by our Chief Financial Officer to reduce amounts previously owed. We also incurred $68,000 to reimburse DBR Capital, LLC, for amounts paid on our behalf. Of that $68,000, $45,000 was repaid during the three months ended June 30, 2020.

Related-Party Transactions - _2

Related-Party Transactions - Schedule of Related Party Payables (Details) (Parenthetical) - USD ($)		May 27, 2020	Apr. 27, 2020	Jan. 30, 2020	Jun. 30, 2020	Jun. 30, 2019	Mar. 31, 2020
Proceeds from related parties					$ 4,339,135	$ 206,500
Interest expense					226,518
Repayments for related party debt					2,489,209	356,501
Promissory note	[1]				1,083,060		$ 1,033,333
Repayments of debt					1,432,344	$ 1,309,170
Joeseph Cammarata [Member] | Promissory Note Entered into on 4/10/20 [Member]
Interest expense					49,727
Promissory note				$ 1,000,000
Debt term				1 year
Debt instrument interest percentage				20.00%
Majority Shareholders and Other Related Parties [Member]
Proceeds from related parties					2,271,135
Interest expense					40,000
Repayments for related party debt					2,369,374
DBR Capital, LLC [Member]
Incurred reimbursement					68,000
Repayments of debt					45,000
DBR Capital, LLC [Member] | Board of Directors [Member]
Proceeds from related parties		$ 700,000	$ 1,300,000
Interest expense		$ 13,613			$ 46,222
Debt instrument interest percentage		20.00%	20.00%
Debt instrument due date		Apr. 27, 2030	Apr. 27, 2030
Debt conversion price		$ 0.01257			$ 0.01257
Beneficial conversion feature		$ 700,000			$ 1,300,000
Debt discount		$ 6,571			22,782
Accounting Firm [Member] | Chief Financial Officer [Member]
Repayments for related party debt					$ 15,000
[1]	We entered into a $1,000,000 promissory note with Joeseph Cammarata, our Chief Executive Officer, on January 30, 2020. The term of the note is one year, at which time the principal and interest of 20%, or $200,000 will be due. During the three months ended June 30, 2020 we recognized $49,727 of interest expense on the note.

Debt - Schedule of Debt (Detail

Debt - Schedule of Debt (Details) - USD ($)		Jun. 30, 2020	Mar. 31, 2020
Debt		$ 2,106,776	$ 1,719,326
Short-term Advance Received on 8/31/18 [Member]
Debt	[1]	65,000	65,000
Secured Merchant Agreement for Future Receivables Entered into on 8/16/19 and Refinanced on 12/10/19 [Member]
Debt	[2]	408,637	1,223,615
Secured Merchant Agreement for Future Receivables Entered into on 8/16/19 [Member]
Debt	[3]		260,090
Convertible Promissory Note Entered into on 3/5/20 [Member]
Debt	[4]	58,822	13,072
Convertible Promissory Note Entered into on 3/11/20 [Member]
Debt	[5]	41,896	7,549
Short-term Advance Received on 3/25/20 [Member]
Debt	[6]	122,500	150,000
Promissory Note Entered into on 4/10/20 [Member]
Debt	[7]	400,000
Notes Issued under the Paycheck Protection Program on 4/17/20 [Member]
Debt	[8]	506,325
Loan with the Small Business Administration Dated 4/19/20 [Member]
Debt	[9]	$ 503,596
[1]	In August 2018, we received a $75,000 short-term advance. The advance is due on demand, has no interest rate, and is unsecured. During the three months ended June 30, 2020 we made no payments on the debt.
[2]	During August 2019, we entered into a Secured Merchant Agreement for future receivables with an entity that provides quick access to working capital. On August 15, 2019, we received proceeds from this arrangement of $339,270 after paying off $316,093 and $297,033 from two separate February 2018 agreements. In accordance with the terms of the new agreement, we were required to repay $1,399,000 by making daily ACH payments of $6,823. Accordingly, we recorded $446,604 as a debt discount at the inception of the agreement, which was the difference between the funds received plus the earlier debt paid off, and the amount that was to be repaid.Effective December 10, 2019 this debt was refinanced and the outstanding balance of $839,514 was rolled into a new Secured Merchant Agreement for future receivables. Prior to the refinance, we repaid $559,486 and amortized $446,605 into interest expense related to the August 2019 arrangement. As a result of the refinancing arrangement we received proceeds of $854,801. In accordance with the terms of the agreement, we were required to repay $2,448,250 by making daily ACH payments of $10,999. Accordingly, we recorded $753,935 as a debt discount at the inception of the agreement, which was the difference between the funds received plus the earlier debt paid off, and the amount that was to be repaid. During the year ended March 31, 2020, after the refinance, we repaid $747,932 and amortized $277,232 into interest expense related to the new December 2019 agreement. During the three months ended June 30, 2020 we repaid $1,041,496 and amortized $226,518 into interest expense.
[3]	During August 2019, we entered into a Secured Merchant Agreement for future receivables with an entity that provides quick access to working capital. In August 2019, we received proceeds from this arrangement of $418,381 after paying off $382,000 from an October 2018 agreement. In accordance with the terms of the agreement, we were required to repay $1,189,150 by making daily ACH payments of $5,801. Accordingly, we recorded $388,769 as a debt discount at the inception of the agreement, which was the difference between the funds received plus the earlier debt paid off, and the amount that was to be repaid. During the year ended March 31, 2020, we repaid $853,203 and amortized $312,912 into interest expense. During the three months ended June 30, 2020 we repaid $330,013, recorded a $5,934 gain on settlement of debt, and amortized $75,857 into interest expense
[4]	In March 2020, we entered into a Convertible Promissory Note and received proceeds of $200,000 after incurring loan fees of $3,000. The note incurs interest at 10% per annum and has a maturity date of June 2, 2021. The Convertible Promissory Note has a variable conversion rate that is 65% of the average of the two lowest trading prices during the previous 15-trading-day period, subject to adjustment. Therefore, the conversion feature is accounted for as a derivative instrument (see Note 7). At inception, we recorded a debt discount of $203,000 and captured loan fees, recorded as interest expense, of $116,077. During the year ended March 31, 2020, we amortized $11,626 into interest expense, and recorded additional interest expense on the note of $1,446. During the three months ended June 30, 2020, we amortized $40,689 into interest expense, and recorded additional interest expense on the note of $5,061.
[5]	In March 2020, we entered into a Convertible Promissory Note and received proceeds of $150,000 after incurring loan fees of $3,000. The note incurs interest at 10% per annum and has a maturity date of June 10, 2021. The Convertible Promissory Note has a variable conversion rate that is 65% of the average of the two lowest trading prices during the previous 15-trading-day period, subject to adjustment. Therefore, the conversion feature is accounted for as a derivative instrument (see Note 7). At inception, we recorded a debt discount of $153,000 and captured loan fees, recorded as interest expense, of $148,432. During the year ended March 31, 2020, we amortized $6,711 into interest expense, and recorded additional interest expense on the note of $838. During the three months ended June 30, 2020, we amortized $30,533 into interest expense and recorded additional interest expense on the note of $3,814.
[6]	In March 2020, we received a $150,000 short-term advance. The advance is due on demand, has no interest rate, and is unsecured. During the three months ended June 30, 2020 we made repayments of $27,500 on the debt.
[7]	In April 2020, we received proceeds of $400,000 after entering into a promissory note that is due six months from the funding date. Under the note six interest only payments of $16,667 are to be made on the 20th of each month beginning in May 2020. Collateral for the note is, in priority order, is: the reserve and current balance in one of our merchant accounts, the reserve account in a second separate merchant accounts, shares of our common stock, and high-speed computer processing equipment. During the three months ended June 30, 2020 we recorded and paid $33,334 worth of interest expense.
[8]	In April 2020 we received $505,300 in proceeds from the Paycheck Protection Program as established by the CARES Act as a result of a Note entered into with the U.S. Small Business Administration. The note has an interest rate of 1% and matures on April 1, 2022. Under the Note we are required to make monthly payments beginning November 1, 2020, however, under the terms of the CARES Act the loan may be forgiven if funds are used for qualifying expenses. During the three months ended June 30, 2020 we recorded $1,025 worth of interest expense on the Note.
[9]	In April 2020 we received proceeds of $500,000 from a loan entered into with the U.S. Small Business Administration. Under the terms of the loan interest is to accrue at a rate of 3.75% per annum and installment payments of $2,437 monthly will begin twelve months from the date of the loan, with all interest and principal due and payable thirty years from the date of the loan. During the three months ended June 30, 2020 we recorded $3,596 worth of interest on the loan.

Debt - Schedule of Debt (Deta_2

Debt - Schedule of Debt (Details) (Parenthetical)	Dec. 10, 2019USD ($)	Aug. 15, 2019USD ($)	Apr. 30, 2020USD ($)	Mar. 31, 2020USD ($)Integer	Aug. 31, 2019USD ($)	Aug. 31, 2018USD ($)	Jun. 30, 2020USD ($)	Jun. 30, 2019USD ($)	Mar. 31, 2020USD ($)
Proceeds from short-term debt						$ 75,000
Repayment of short-term debt							$ 1,041,496
Repayments for debt							1,432,344	$ 1,309,170
Interest expense							226,518
US Small Business Administration [Member]
Proceeds from short-term debt			$ 500,000
Interest expense							3,596
Debt instrument interest percentage			3.75%
Debt description			Installment payments of $2,437 monthly will begin twelve months from the date of the loan, with all interest and principal due and payable thirty years from the date of the loan.
Debt periodic payment			$ 2,437
Convertible Promissory Note [Member]
Debt discount				$ 203,000					$ 203,000
Interest expense				116,077			40,689		$ 11,626
Proceeds form convertible promissory note				200,000
Loan fees				$ 3,000
Debt instrument interest percentage				10.00%					10.00%
Debt maturity date				Jun. 2, 2021
Conversion of lowest trading percentage				65.00%
Conversion of lowest trading days | Integer				15
Additional interest expenses							5,061		$ 1,446
Convertible Promissory Note Entered Two [Member]
Debt discount				$ 153,000					153,000
Interest expense				148,432			30,533		$ 6,711
Proceeds form convertible promissory note				150,000
Loan fees				$ 3,000
Debt instrument interest percentage				10.00%					10.00%
Debt maturity date				Jun. 10, 2102
Conversion of lowest trading percentage				65.00%
Conversion of lowest trading days | Integer				15
Additional interest expenses							3,814		$ 838
Short Term Advance [Member]
Proceeds from short-term debt				$ 150,000
Repayment of short-term debt							27,500
Promissory note [Member]
Proceeds from short-term debt			400,000
Repayment of short-term debt			$ 16,667
Interest expense							33,334
Debt description			Under the note six interest only payments of $16,667 are to be made on the 20th of each month beginning in May 2020.
Secured Merchant Agreement [member]
Proceeds from short-term debt	$ 854,801	$ 339,270
Repayment of short-term debt	2,448,250				$ 1,189,150		330,013		853,203
Debt discount	753,935				446,604
Debt refinanced amount	839,514
Interest expense							75,857		312,912
Gain on settlement of debts							5,934
Secured Merchant Agreement [member] | Inception of the Agreement [Member]
Debt discount					388,769
Secured Merchant Agreement [member] | ACH Payments [Member]
Repayment of short-term debt	10,999				5,801
February 2018 Agreement One [Member]
Repayment of short-term debt		316,093
February 2018 Agreement Two [Member]
Repayment of short-term debt		297,033
New Agreement [Member]
Repayment of short-term debt		1,399,000
New Agreement [Member] | ACH Payments [Member]
Repayment of short-term debt		$ 6,823
August 2019 Arrangement [Member]
Repayments for debt	559,486
Interest expense	$ 446,605
December 2019 Agreement [Member]
Repayment of short-term debt									747,932
Interest expense									$ 277,232
October 2018 Agreement [Member]
Proceeds from short-term debt					418,381
Repayment of short-term debt					$ 382,000
Paycheck Protection Program [Member] | US Small Business Administration [Member]
Proceeds from short-term debt			$ 505,300
Interest expense							$ 1,025
Debt instrument interest percentage			1.00%
Debt maturity date			Apr. 1, 2022

Derivative Liability - Schedule

Derivative Liability - Schedule of Derivative Liability (Details) - USD ($)	3 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative liability	$ 793,495
Derivative liability recorded on new instruments
Derivative liability reduced by debt settlement
Change in fair value	(347,635)	$ 1,759,190
Derivative liability	$ 445,860

Derivative Liability - Schedu_2

Derivative Liability - Schedule of Assumptions Used in Binominal Option Pricing Model (Details)	3 Months Ended
	Jun. 30, 2020
Risk Free Interest Rate [Member] | Minimum [Member]
Fair value measurements valuation techniques, percent	0.16
Risk Free Interest Rate [Member] | Maximum [Member]
Fair value measurements valuation techniques, percent	0.17
Expected Life in Years [Member] | Minimum [Member]
Fair value measurements valuation techniques, term	11 months 1 day
Expected Life in Years [Member] | Maximum [Member]
Fair value measurements valuation techniques, term	1 year 1 month 9 days
Expected Volatility [Member] | Minimum [Member]
Fair value measurements valuation techniques, percent	167
Expected Volatility [Member] | Maximum [Member]
Fair value measurements valuation techniques, percent	239

Stockholders' Equity (Deficit)

Stockholders' Equity (Deficit) (Details Narrative) - USD ($)	3 Months Ended		12 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Mar. 31, 2020
Preferred stock, shares authorized	50,000,000		50,000,000
Preferred stock, par value	$ 0.001		$ 0.001
Preferred stock, shares issued
Preferred stock, shares outstanding
Number of shares issued during period
Number of shares issued during period, value		$ 325,000
Number of common stock repurchased
Common stock issued	3,235,481,329		3,214,490,408
Common stock outstanding	3,235,481,329		3,214,490,408
Common Stock [Member]
Number of shares issued during period	21,000,000
Number of shares issued during period, value	$ 399,000
Stock issued to an employee for compensation, values	83,001
Remaining common stock issued to employees compensation	315,999
Number of common stock repurchased	272
Increase in additional paid-in capital	$ 2,000,000
Third Party [Member] | Common Stock [Member]
Number of common stock repurchased, shares	9,079
Number of common stock repurchased	$ 272
Series B Preferred Stock [Member] | Board of Directors [member]
Preferred stock designated			2,000,000
Cumulative dividends annual rate percentage			13.00%
Liquidation price per share			$ 3.25
Conversion of stock			500
Maximum [Member]
Preferred stock, shares authorized	50,000,000

Operating Lease (Details Narrat

Operating Lease (Details Narrative)	3 Months Ended
	Jun. 30, 2020USD ($)ft²	Mar. 31, 2020USD ($)
Variable lease costs	$ 831
Operating lease liabilities	93,817
Operating lease right-of-use asset	85,983	$ 99,465
Operating lease expense	16,397
Operating cash flow lease for operating leases	$ 15,897
Operating lease weighted average remaining lease term	1 year 11 months 23 days
Operating lease weighted average discount rate	12.00%
Eatontown New Jersey [Member]
Operating lease liabilities	$ 110,097
Kaysville Lease [Member]
Operating lease right-of-use asset	$ 21,147
Eatontown New Jersey and Kaysville Utah [Member]
Operating lease terms	3 years
Area of land | ft²	1.75

Operating Lease - Schedule of F

Operating Lease - Schedule of Future Minimum Lease Payments Under Non-cancellable Leases (Details) - USD ($)	Jun. 30, 2020		Mar. 31, 2020
Leases [Abstract]
Remainder of 2021	$ 37,397
2022	48,000
2023	16,000
Total	101,397
Less: Interest	(7,580)
Present value of lease liability	93,817
Operating lease liability, current	(52,843)	[1]	$ (56,530)
Operating lease liability, long term	$ 40,974		$ 50,268
[1]	Represents lease payments to be made in the next 12 months

Subsequent Events (Details Narr

Subsequent Events (Details Narrative) - USD ($)	1 Months Ended		3 Months Ended
	Aug. 14, 2020	Aug. 31, 2018	Jun. 30, 2020	Jun. 30, 2019
Proceeds from related party		$ 75,000
Proceeds from sale of equity				$ 325,000
Subsequent Event [Member]
Number of common stock cancelled, shares	200,000,000
Subsequent Event [Member] | Series B Preferred Stock [Member]
Number of common stock issued in connection with the sale of equity	4,645
Proceeds from sale of equity	$ 116,125
Subsequent Event [Member] | Related Parties [Member]
Proceeds from related party	$ 100,000