Groove Botanicals (GRVE) 10-Q 25 Apr 19 2018 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	9 Months Ended
	Dec. 31, 2017	Apr. 24, 2019
Document And Entity Information
Entity Registrant Name	GROOVE BOTANICALS INC.
Entity Central Index Key	0000918573
Current Fiscal Year End Date	--03-31
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Trading Symbol	GRVE
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Dec. 31, 2017
Document Fiscal Period Focus	Q3
Document Fiscal Year Focus	2018
Entity Current Reporting Status	No
Entity Common Stock, Shares Outstanding		28,293,062
Entity Public Float

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Unaudited) - USD ($)	Dec. 31, 2017	Mar. 31, 2017
Current Assets:
Cash and cash equivalents	$ 99,380	$ 104,574
Total current assets	99,380	104,574
Property and equipment, net	5,662	9,061
Unproven oil & gas properties	177,000	177,000
Producing oil & gas properties, net	13,775	34,585
Total Assets	295,817	325,220
Current Liabilities:
Accounts payable and accrued liabilities	234,955	208,459
Accrued payroll - related parties	232,017	219,562
Dividends payable	509,429	357,563
Dividends payable - related party	106,450	76,450
Accrued liabilities to joint interest	10,918	10,918
Notes payable - related party	20,000	20,000
Notes payable	149,200	149,200
Total current liabilities	1,262,969	1,042,152
Accrued asset retirement obligation (ARO) liability	161,579	150,306
Total Liabilities	1,424,548	1,192,458
Equity
Convertible Preferred stock Issued to Related Party, Series A, $0.10 par value, 1,000,000 shares authorized; 100 shares issued and outstanding as of December 31, 2017 and March 31, 2017, liquidation preference of $606,450 and $576,450 as of December 31, 2017 and March 31, 2017, respectively	10	10
Preferred stock, Series B, $.10 par value, 2,000 shares authorized; 1,983 and 1,983 shares issued and outstanding as of December 31, 2017 and March 31, 2017, liquidation preference of $2,460,392 and $2,326,526 as of December 31, 2017 and March 31, 2017, respectively	198	198
Common stock, $.001 par value: 200,000,000 shares authorized 18,198,062 and 18,198,062 shares issued and outstanding at December 31, 2017 and March 31, 2017, respectively	18,198	18,198
Additional paid in capital	32,993,499	32,993,499
Accumulated deficit	(34,328,577)	(34,012,256)
Total Stockholders (Deficit) Equity	(1,316,672)	(1,000,351)
Non-controlling interest	187,941	133,113
Total (Deficit) Equity	(1,128,731)	(867,238)
Total Liabilities and Stockholders' Equity	$ 295,817	$ 325,220

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Unaudited) (Parenthetical) - USD ($)	Dec. 31, 2017	Mar. 31, 2017
Common stock, par value	$ 0.001	$ 0.001
Common stock, shares authorized	200,000,000	200,000,000
Common stock, shares issued	18,198,062	18,198,062
Preferred Stock Series A
Preferred stock, shares authorized		100
Preferred stock, shares issued		100
Preferred stock, shares outstanding		100
Liquidation preference		$ 576,450
Series A
Preferred stock, par value	$ .10
Preferred stock, shares authorized	100
Preferred stock, shares issued	100
Preferred stock, shares outstanding	100
Liquidation preference	$ 606,450
Series B
Preferred stock, par value	$ .10	$ .10
Preferred stock, shares authorized	2,000	2,000
Preferred stock, shares issued	1,983	1,983
Preferred stock, shares outstanding	1,983	1,983
Liquidation preference	$ 2,460,392

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations (Unaudited) - USD ($)	3 Months Ended		9 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2017	Dec. 31, 2016
Income Statement [Abstract]
Oil & Gas Sales	$ 28,634	$ 19,600	$ 51,121	$ 45,716
Operating expenses:
Lease operating expense, severance taxes and ARO accretion	12,159	8,676	51,518	39,901
Selling, general and administrative expenses	28,544	125,795	61,579	163,838
Depreciation, depletion, and amortization	1,631	6,523	5,473	18,248
Total operating expenses	42,334	140,994	118,570	221,987
Operating loss	(13,700)	(121,394)	(67,449)	(176,271)
Other income (expense):
Other miscellaneous loss			(3,564)
Interest income (expense), net	(2,873)	(2,900)	(8,614)	(8,667)
Total other income (expense)	(2,873)	(2,900)	(12,178)	(8,667)
Income (Loss) before income tax	(16,573)	(124,294)	(79,627)	(184,938)
Provision for income taxes
Net income (loss)	(16,573)	(124,294)	(79,627)	(184,938)
Less net loss attributable to noncontrolling interests	8	31,589	24	31,647
Net income (loss) attributable to the Company	(16,565)	(92,705)	(79,603)	(153,291)
Preferred stock dividends	(60,622)	(56,655)	(181,866)	(168,891)
Net income (loss) attributable to common shareholders	$ (77,187)	$ (149,360)	$ (261,469)	$ (322,182)
Net income (loss) per share - basic	$ (.004)	$ (.008)	$ (.014)	$ (.018)
Net income (loss) per share - diluted	$ (0.004)	$ (0.008)	$ (0.014)	$ (0.018)
Weighted average shares outstanding - basic	18,198,062	18,198,062	18,198,062	18,198,062
Weighted average shares outstanding - diluted	18,198,062	18,198,062	18,198,062	18,198,062

Condensed Consolidated Statem_2

Condensed Consolidated Statement of Cash Flows (Unaudited) - USD ($)	9 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Cash flows from operating activities:
Net income (loss)	$ (79,627)	$ (184,938)
Adjustments to reconcile net loss to net cash used in operating activities:
Stock issued for services		53,300
Depreciation	3,399	3,399
Depletion	2,074	14,849
ARO Depreciation	2,172	2,172
Loss on sale of property	3,564
Net change in operating assets and liabilities:
Accounts payable and other accrued expenses	26,496	6,285
Accrued payroll - related parties	12,455	14,250
Asset retirement obligation	11,273	9,317
Net cash (used) in operating activities	(18,194)	(81,366)
Cash flows from investing activities:
Cash received on sale of property	13,000
Net cash provided by investing activities	13,000
Cash flows from financing activities:
Non-Controlling Interest stock sale		100,000
Net cash provided in financing activities		100,000
Net (decrease) in cash and cash equivalents	(5,194)	18,634
Cash and cash equivalents at beginning of period	104,574	108,220
Cash and cash equivalents at end of period	99,380	126,854
Supplemental disclosures of cash flow information:
Cash paid during the period for Interest
Cash paid during the period for Taxes
Common stock issued in exchange for consulting services		3,300
Preferred stock issued in exchange for consulting services		$ 50,000

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	9 Months Ended
	Dec. 31, 2017
Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	NOTE 1: DESCRIPTION OF BUSINESS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Corporate Structure Groove Botanicals, Inc. (the "Company"), (formerly known as Avalon Oil & Gas, Inc.), was originally incorporated in Colorado in April 1991 under the name Snow Runner (USA), Inc. The Company was the general partner of Snow Runner (USA) Ltd.; a Colorado limited partnership to sell proprietary snow skates under the name "Sled Dogs" which was dissolved in August 1992. In late 1993, the Company relocated its operations to Minnesota and in January 1994 changed our name to Snow Runner, Inc. In November 1994 we changed our name to the Sled Dogs Company. On November 5, 1997, we filed for protection under Chapter 11 of the U.S. Bankruptcy Code. In September 1998, we emerged from protection of Chapter 11 of the U.S. Bankruptcy Code. In May, 1999, we changed our state of domicile to Nevada and our name to XDOGS.COM, Inc. On July 22, 2005, the Board of Directors and a majority of the Company's shareholders approved an amendment to our Articles of Incorporation to change the Company's name to Avalon Oil & Gas, Inc., and to increase the authorized number of shares of our common stock from 200,000,000 shares to 1,000,000,000 shares par value of $0.001, and engage in the acquisition of producing oil and gas properties. On November 16, 2011, a majority of the Company's shareholders approved an amendment to our Articles of Incorporation to increase the authorized number of shares of our common stock from 1,000,000,000 shares to 3,000,000,000 shares par value of $0.001. This amendment was not filed with the Nevada Secretary of State. On June 4, 2012 the Board of Directors approved an amendment to our Articles of Incorporation to a reverse split of the issued and outstanding shares of Common Stock of the Corporation (“Shares”) such that each holder of Shares as of the record date of June 4, 2012 shall receive one (1) post-split Share on the effective date of June 4, 2012 for each three hundred (300) Shares owned. The reverse split was effective on July 23, 2012. On September 28, 2012, we held a special meeting of Avalon’s shareholders and approved an amendment to the Company’s Articles of Incorporation such that the Company would be authorized to issue up to 200,000,000 shares of common stock. We filed an amendment with the Nevada Secretary of State on April 10, 2013, to increase our authorized shares to 200,000,000. On March 21, 2018 the Board of Directors and a majority of the Company's shareholders approved an amendment to our Articles of Incorporation to change the Company's name to Groove Botanicals, Inc. We filed an amendment to our Articles of Incorporation with the State of Nevada on May 18, 2018. Principles of consolidation The condensed consolidated financial statements include the accounts of the Company and the Company’s subsidiary’s Oiltek, Inc., AFS Holdings, Inc., and Weyer Partners, LLC. All significant inter-company items have been eliminated in consolidation. Basis of Preparation of Financial Statements The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with generally accepted accounting principles for interim financial information and with the instructions to Form 10-Q. They do not include all of the information and footnotes required by Accounting Principles generally accepted accounting principles in United States America (“US GAAP”) for complete financial statements and related notes. The accompanying unaudited condensed consolidated financial statements and related notes should be read in conjunction with the audited consolidated financial statements of the Company and notes thereto for the year ended March 31, 2017. In the opinion of management, the accompanying unaudited condensed consolidated financial statements contain all adjustments (which include only normal recurring adjustments) necessary to present fairly the balance sheets of Groove Botanicals, Inc. and subsidiaries as of December31, 2017 and the results of their operations for the three months and nine months ended December 31, 2017 and 2016, and cash flows for the nine months ended December 31, 2017 and 2016, and are not necessarily indicative of the results to be expected for the entire year. Going Concern The Company has minimal revenues from our remaining oil and gas assets. We are in need additional cash resources to maintain our operations. The company has incurred a loss of $34,328,577 from inception through December 31, 2017. The Company has a working capital deficit of $1,163,589 and total deficit of $1,128,731 at December 31, 2017. The company has not yet received any revenue from the sale our CBD skincare products. These factors raise substantial doubt about its ability to continue as a going concern. The Company’s ability to continue as a going concern is dependent on its ability to raise additional capital or obtain necessary debt financing. The Company is presently dependent on its controlling shareholder to provide us funding for its daily operation and expenses, including professional fee and fees charged by regulators, although he is under no obligation to do so. The Company intends to meet the cash requirements for the next 12 months from the issuance date of this report through a combination of debt and equity financing by way of private placements, friends, family and business associates. The Company currently does not have any arrangements in place to complete any private placement financings and there is no assurance that the Company will be successful in completing any such financings on terms that will be acceptable to it. If we do not have sufficient working capital to pay our operating costs for the next 12 months, we will require additional funds to pay our legal, accounting and other fees associated with our Company and our filing obligations under United States federal securities laws, as well as to pay our other accounts payable generated in the ordinary course of our business. Once these costs are accounted for, we will focus on the manufacture and sale of our CBD skincare products. Any failure to raise money will have the effect of delaying the timeframes in the business plan as set forth above, and the Company may have to push back the dates of such activities. The financial statements have been prepared on a going concern basis which assumes the Company will be able to realize its assets and discharge its liabilities in the normal course of business for the foreseeable future. The Company has incurred losses and further losses are anticipated as a result of the development of business which raises substantial doubt about the Company’s ability to continue as a going concern within the next twelve months from the issuance date of this report. The ability to continue as a going concern is dependent upon the Company generating profitable operations in the future and/or obtaining financing necessary to meet the Company’s obligations and repay its liabilities arising from normal business operations when they come due. Management intends to finance operating costs over the next twelve months with existing cash on hand and loans from directors and/or private placement of the Company’s common stock. Use of Estimates The preparation of financial statements in conformity with generally accepted accounting principles generally accepted in the United States of America requires us to make estimates and assumptions that affect the amounts reported in the condensed consolidated financial statements and accompanying notes. Actual results could differ from those estimates and assumptions. Cash and Cash Equivalents Cash and cash equivalents consist of cash. The Company maintains its cash balances at several financial institutions. Accounts at the institutions are insured by the Federal Deposit Insurance Corporation up to $250,000. Fair Value of Financial Instruments The Company's financial instruments are cash and cash equivalents, accounts payable, notes payable and long-term debt. The recorded values of cash and cash equivalents, and accounts payable approximate their fair values based on their short-term nature. The recorded values of notes payable and long-term debt approximate their fair values, as interest approximates market rates. Oil and Natural Gas Properties The Company follows the full cost method of accounting for natural gas and oil properties. Under the full cost concept, all costs incurred in acquiring, exploring, and developing properties cost center are capitalized when incurred and are amortized as mineral reserves in the cost center are produced, subject to a limitation that the capitalized costs not exceed the value of those reserves. The unamortized costs relating to a property that is surrendered, abandoned, or otherwise disposed of are accounted for as an adjustment of accumulated amortization, rather than as a gain or loss that enters into the determination of net income, until all Property and Equipment, net Property and equipment is reviewed for recoverability when events or changes in circumstances indicate that its carrying value may exceed future undiscounted cash inflows. As of December 31, 2017 and March 31, 2017, the Company had not identified any such impairment. Repairs and maintenance are charged to operations when incurred and improvements and renewals are capitalized. Property and equipment are stated at cost. Depreciation is calculated using the straight-line method for financial reporting purposes and accelerated methods for tax purposes. Their estimated useful lives are as follows: Office Equipment: 5-7 Years Vehicles 5 Years Asset Retirement Obligations In accordance with the provisions of Financial Accounting Standards Board “FASB” Accounting Standard Codification “ASC” 410-20-15, “Accounting for Asset Retirement Obligations”, the Company records the fair value of its liability for asset retirement obligations in the period in which it is incurred and a corresponding increase in the carrying amount of the related long live assets. Over time, the liability is accreted to its present value at the end of each reporting period, and the capitalized cost is depreciated over the useful life of the related assets. Upon settlement of the liability, the Company will either settle the obligation for its recorded amount or incur a gain or loss upon settlement. The Company's asset retirement obligations relate to the plugging and abandonment of its oil properties. Stock Based Compensation Share awards granted to employees and independent directors are accounted for under ASC 718, "Share-Based Payment". ASC 718-10 eliminates accounting for share-based compensation transaction using the intrinsic value method and requires instead that such transactions be accounted for using a fair-value-based method. The Company has elected to adopt the provisions of ASC 718-10 effective January 1, 2006, under the modified prospective transition method, in which compensation cost was recognized beginning with the effective date (a) based on the requirements of ASC 718-10 for all share-based payments granted after the effective date and (b) based on the requirements of ASC 718-10 for all awards granted to employees prior to the effective date of ASC 718-10 that remain unvested on the effective date. The Company records share-based compensation expense for awards granted to non-employees in exchange for services at fair value in accordance with the provisions of ASC 505-50, "Equity Based" payment to non-employees. For the awards granted to non-employees, the Company will record compensation expenses equal to the fair value of the share options at the measurement date, which is determined to be the earlier of the performance commitment date or the service completion date. Earnings (loss) per Common Share ASC 260-10-45, “Earnings Per Share”, requires presentation of "basic" and "diluted" earnings per share on the face of the statements of operations for all entities with complex capital structures. Basic earnings per share are computed by dividing net income by the weighted average number of common shares outstanding for the period. Diluted earnings per share reflect the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted during the period. Dilutive securities having an anti-dilutive effect on diluted earnings per share are excluded from the calculation. Income Taxes Deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets, including tax loss and credit carry forwards, and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. Deferred income tax expense represents the change during the period in the deferred tax assets and deferred tax liabilities. The components of the deferred tax assets and liabilities are individually classified as current and non-current based on their characteristics. Deferred tax assets are reduced by a valuation allowance when, in the opinion of management, it is more likely than not that some portion or all of the deferred tax assets will not be realized. ASC 740-10-25, “Accounting for Uncertainty in Income Taxes”, is intended to clarify the accounting for uncertainty in income taxes recognized in a company's financial statements and prescribes the recognition and measurement of a tax position taken or expected to be taken in a tax return. ASC 740-10-25 also provides guidance on de-recognition, classification, interest and penalties, accounting in interim periods, disclosure and transition. Under ASC 740-10-25, evaluation of a tax position is a two-step process. The first step is to determine whether it is more-likely-than-not that a tax position will be sustained upon examination, including the resolution of any related appeals or litigation based on the technical merits of that position. The second step is to measure a tax position that meets the more-likely-than-not threshold to determine the amount of benefit to be recognized in the financial statements. A tax position is measured at the largest amount of benefit that is greater than 50 percent likely of being realized upon ultimate settlement. Tax positions that previously failed to meet the more-likely-than-not recognition threshold should be recognized in the first subsequent period in which the threshold is met. Previously recognized tax positions that no longer meet the more-likely-than-not criteria should be de-recognized in the first subsequent financial reporting period in which the threshold is no longer met. Revenue Recognition In accordance with the requirements ASC topic 605 "Revenue Recognition", revenues are recognized at such time as (1) persuasive evidence of an arrangement exists, (2) delivery has occurred or services have been rendered, (3) the seller's price to the buyer is fixed or determinable and (4) collectability is reasonably assured. Specifically, oil and gas sales are recognized as income at such time as the oil and gas are delivered to a viable third party purchaser at an agreed price. Interest income is recognized as it is earned. Recently Issued Accounting Policies In May 2014, the FASB issued ASU 2014-9, "Revenue from Contracts with Customers (Topic 606)," which supersedes the revenue recognition requirements in ASC Topic 605, "Revenue Recognition," and most industry-specific guidance. ASU 2014-9 is based on the principle that revenue is recognized to depict the transfer of goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. ASU 2014-9 also requires additional disclosure about the nature, amount, timing and uncertainty of revenue and cash flows arising from customer contracts. ASU 2014-9 applies to all contracts with customers except those that are within the scope of other topics in the FASB ASC. The new guidance is effective for interim and annual reporting periods beginning after December 15, 2017 for public companies. Early adoption is not permitted. Entities have the option of using either a full retrospective or modified retrospective approach to adopt ASU 2014-9. Additionally, in March 2016, the FASB issued ASU No. 2016-08, Revenue from Contracts with Customers (Topic 606): Principal versus agent considerations (reporting revenue gross versus net), which clarifies the implementation guidance on principal versus agent considerations on such matters. In April 2016, the FASB issued ASU No. 2016-10, Revenue from Contracts with Customers (Topic 606): Identifying performance obligations and licensing, which clarifies guidance related to identifying performance obligations and licensing implementation guidance contained in the new revenue recognition standard. In May 2016, the FASB issued ASU No. 2016-12, Revenue from Contracts with Customers (Topic 606): Narrow-scope improvements and practical expedients, which addresses narrow-scope improvements to the guidance on collectability, non-cash consideration, and completed contracts at transition. Additionally, the amendments in this update provide a practical expedient for contract modifications at transition and an accounting policy election related to the presentation of sales taxes and other similar taxes collected from customers. In December 2016, the FASB issued ASU No. 2016-20, Technical Corrections and Improvements to Topic 606, Revenue from Contracts with Customers, which clarifies the guidance or corrects unintended application of guidance. The Company completed its assessment of the new accounting standard and does not expect the adoption of this standard to have a material impact to our revenue recognition based on our existing contracts with customers. We adopted the new standard during the first quarter of 2018 using the modified retrospective approach and there will be no material impact to our previously recorded revenue under the new standard.

PROPERTY AND EQUIPMENT

PROPERTY AND EQUIPMENT	9 Months Ended
	Dec. 31, 2017
Property, Plant and Equipment [Abstract]
PROPERTY AND EQUIPMENT	NOTE 2: PROPERTY AND EQUIPMENT, NET A summary of property and equipment at December 31, 2017 and March 31, 2017 is as follows: December 31, 2017 March 31, 2017 Office Equipment $ 41,778 $ 41,778 Vehicles 22,657 22,657 64,435 64,435 Less: Accumulated depreciation (58,773 ) (55,374 ) Total $ 5,662 $ 9,061 Depreciation expense for the three months periods ended December 31, 2017 and 2016 was $1,133 and $1,133, respectively. Depreciation expense for the nine months periods ended December 31, 2017 and 2016 was $3,399 and $3,399, respectively.

OIL AND GAS PROPERTY ACTIVITY

OIL AND GAS PROPERTY ACTIVITY	9 Months Ended
	Dec. 31, 2017
Extractive Industries [Abstract]
OIL AND GAS PROPERTY ACTIVITY	NOTE 3: OIL AND GAS PROPERTY ACTIVITY Producing oil and gas properties consist of the following at December 31, 2017 and March 31, 2017: December 31, 2017 March 31, 2017 (Unaudited) Lincoln County, Oklahoma $ 111,402 $ 111,402 Lipscomb County, Texas — 250,082 Miller County, Arkansas 139,909 139,909 Ward Petroleum Assets 290,500 290,500 Kensington Energy Assets 120,000 120,000 Other Properties 325,185 325,185 Total Properties 986,996 1,237,078 Asset retirement cost, net 29,712 31,884 Property impairments (401,636 ) (635,154 ) Less: Depletion (601,297 ) (599,223 ) Net $ 13,775 $ 34,585 For the three month periods ended December 31, 2017 and 2016, depletion per Bbl was $1.30 and $8.81. For the nine month periods ended December 31, 2017 and 2016, depletion per Bbl was $1.30 and $8.81.

ACCOUNTS PAYABLE AND ACCRUED LI

ACCOUNTS PAYABLE AND ACCRUED LIABILITIES	9 Months Ended
	Dec. 31, 2017
Payables and Accruals [Abstract]
ACCOUNTS PAYABLE AND ACCRUED LIABILITIES	NOTE 4: ACCOUNTS PAYABLE AND ACCRUED LIABILITIES Accounts payable and accrued liabilities consisted of the following: December 31, 2017 March 31, 2017 (Unaudited) Accounts payable $ 157,091 $ 132,746 Accrued interest 77,864 75,713 Total $ 234,955 $ 208,459

NOTES PAYABLE

NOTES PAYABLE	9 Months Ended
	Dec. 31, 2017
Debt Disclosure [Abstract]
NOTES PAYABLE	NOTE 5: NOTES PAYABLE Notes Payable are summarized as follows: December 31, 2017 March 31, 2017 (Unaudited) Notes payable – long-term portion $ — $ — Notes payable – current portion 149,200 149,200 Total $ 149,200 $ 149,200 The maturity of notes payable, amount of $9,200, has been extended until April 1, 2018. The outstanding principal balance and all outstanding interest was converted into 1,850,000 shares in subsequent three months. The note payable in the amount of $50,000, issued on November 11, 2008, and its accrued interest, and the $30,000 note payable, issued in the amount of $50,000 on January 27, 2009, and its accrued interest, were settled on March 9, 2018 for $2,500 plus the issuance of 600,000 shares of Common Stock The principal and accrued interest on $60,000 notes payables were settled in March 20, 2018 for $5,000.

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	9 Months Ended
	Dec. 31, 2017
Related Party Transactions [Abstract]
Related Party Transactions	NOTE 6: RELATED PARTY TRANSACTIONS Notes Payable On April 21, 2011, Mr. Rodriguez advanced the Company $35,000. As of December 31, 2017 and March 31, 2017, amount outstanding is $20,000. This note is non-interest bearing and is due on demand. Series A Convertible Preferred Stock issued to Related Party Refer to Notes 8, STOCKHOLDERS’ EQUITY, for details of series A convertible preferred stock issued to related party transactions. Employment Agreements In 2017, Mr. Rodriguez, our President, was under an employment agreement dated April 1, 2015 that expires on March 31, 2019, The Company charged to operations the amount of $12,000 and $36,000 for the three and nine month periods ended December 31, 2017 and December 31, 2016, of which $7,520 and $23,545 was paid to him during the three month and nine month periods ending December 31, 2017, and $12,450 and $21,750 during the three and nine month periods ending December 31 2016, respectively. As of December 31, 2017, and March 31, 2017, the balances of accrued and unpaid salaries were $232,017 and $219,562.

INCOME TAXES

INCOME TAXES	9 Months Ended
	Dec. 31, 2017
Income Tax Disclosure [Abstract]
INCOME TAXES	NOTE 7: INCOME TAXES Deferred income taxes result from the temporary difference arising from the use of accelerated depreciation methods for income tax purposes and the straight-line method for financial statement purposes, and an accumulation of Net Operating Loss carry-forwards for income tax purposes with a valuation allowance against the carry-forwards for book purposes. In assessing the value of deferred tax assets, management considers whether it is more likely than not that some portion or all of the deferred tax assets will not be realized. Included in deferred tax assets are Federal and State net operating loss carry forwards of $34,328,577, which will expire beginning in 2028. The ultimate realization of deferred tax assets is dependent upon the generation of future taxable income during the periods in which those temporary differences become deductible. Management considers the scheduled reversal of deferred tax liabilities, projected future taxable income, and tax planning strategies in making this assessment. Based upon our cumulative losses through December 31, 2017, we have provided a valuation allowance reducing the net realizable benefits of these deductible differences to $0 at December 31, 2017. The amount of the deferred tax asset considered realizable could change in the near term if projected future taxable income is realized. Due to significant changes in the Company's ownership, the Company's future use of its existing net operating losses may be limited. December 31, 2017 March 31, 2017 (Unaudited) U.S. Federal statutory graduated rate 35.00 % 35.00 % State income tax rate, net of federal benefit 6.47 % 6.47 % Net rate 41.47 % 41.47 % Net operating loss used 0.00 % 0.00 % Net operating loss for which no tax benefits is currently available (41.47 )% (41.47 )% 0.00 % 0.00 %

STOCKHOLDERS' EQUITY

STOCKHOLDERS' EQUITY	9 Months Ended
	Dec. 31, 2017
Equity [Abstract]
STOCKHOLDERS' EQUITY	NOTE 8: STOCKHOLDERS' DEFICIT Preferred Stock Series A Convertible Preferred Stock Issued to Related Party The company is authorized 1,000,000 shares of preferred stock, par value of $0.10 per share. The 100 shares of Series A Convertible Preferred Stock Issued to Related Party (“Series A Convertible Preferred Stock”) were issued on June 3, 2002 as payment for $500,000 in promissory notes, are convertible into the number of shares of common stock sufficient to represent forty percent (40%) of the fully diluted shares outstanding after their issuance The holder of these shares of Series A Convertible Preferred Stock is our President, Kent Rodriguez. The Series A Convertible Preferred Stock pays an eight percent (8%) dividend. The dividends are cumulative and payable quarterly. The Series A Convertible Preferred Stock carries liquidating preference, over all other classes of stock, equal to the amount paid for the stock plus any unpaid dividends. The Series A Convertible Preferred Stock provides for voting rights on an "as converted to common stock" basis. During the years ended March 31, 2017 and 2016, the Company incurred $40,000 in series A convertible preferred stock dividends, respectively. The holders of the Series A Convertible Preferred Stock have the right to convert each share of preferred stock into a sufficient number of shares of common stock to equal 40% of the then fully-diluted shares outstanding. Fully diluted shares outstanding is computed as the sum of the number of shares of common stock outstanding plus the number of shares of common stock issuable upon exercise, conversion or exchange of outstanding options, and warrants. In the event that the Company does not have an adequate number of shares of Common Stock authorized, upon a conversion request, only the maximum allowable number of shares of Series A convertible preferred stock shall convert into Common Stock and the remaining shares of Series A convertible preferred Stock shall convert upon lapse of the applicable restrictions. On January 12, 2018, our Board of Directors agreed to amend Designation of the Series A Convertible Preferred Stock be amended by changing the ratio for conversion, in Article IV, subparagraph (a), from .4% to .51% so that upon conversion the number of shares of common stock to be exchanged shall equal 51% of then issued and outstanding common stock. As of December 31, 2017, the Company has 100 shares of Series A convertible preferred stock issued and outstanding. During the three months ended December 31, 2017 and 2016, the Company incurred $10,000 and $10,000 in Series A Convertible Preferred Stock dividends, paid $0 and $0 for the three months ended December 31, 2017 and 2016. During the nine months ended December 31, 2017 and 2016, the Company incurred $30,000 and $30,000 in Series A Convertible Preferred Stock dividends, and paid $0 and $1,000 for the nine months ended December 31, 2017 and 2016. As of December 31, 2017 and March 31, 2017, the accrued balance due Mr. Rodriguez was $106,450 and $76,450 respectively. The liquidation preference of Series A Convertible Preferred Stock as of December 31, 2017 and March 31, 2017 was $606,450 and $576,450 or $6,064.50 and $5,764.50 per share. Dividends payable for Series A convertible preferred stock at December 31, 2017 and March 31, 2017 were $106,450 and $76,450, respectively. Series B Preferred Stock In March, 2013, our Board of Directors authorized the issuance of 2,000 shares of Series B Preferred Stock, (the "Series B Preferred Stock"). The face amount of share of the Series B Preferred Stock is $1,000. As of December 31, 2017 and March 31, 2017, the Company has 1,983 and 1,983 shares of Series B preferred stock respectively issued and outstanding. The Series B Preferred Stock accrues dividends at the rate of 9% per annum on the original purchase price for the shares. These dividends are payable annually, beginning in January 2014. We are prohibited from paying any dividends on our Common Stock until all accrued dividends are paid on our Series B Preferred Stock. The Series B Preferred Stock ranks junior to the Series A Convertible Preferred Stock owned by our President and Chief Executive Officer, as to Dividends and to a distribution of assets in the event of a liquidation of assets. The Holders of Series B Preferred Stock do not have any voting rights and their consent is not required to take any sort of corporate action. During the nine month periods ended December 31, 2017 and December 31, 2016, the Company did not issue any Series B Preferred Stock. During the three month periods ended December 31, 2017 and 2016, the Company incurred $44,622 and $44,622 in dividends on Series B preferred stock. The Company did not pay any dividends for the three or nine months period ended December 31, 2017 and December 31, 2016. During the nine month periods ended December 31, 2017 and 2016, the Company incurred $133,866 and $133,866 in dividends on Series B preferred stock. Dividends payable for Series B Preferred Stock at December 31, 2017 and March 31, 2017 were $477,392 and $343,526 respectively. The liquidation preference of Series B Preferred Stock as of December 31, 2017 and March 31, 2017 was $2,460,392 and $2,326,526 or $1,240,74 and $1,173.24 per share, respectively. Total dividends payable from both Series A and Series B preferred shares at December 31, 2017 and March 31, 2017 were $583,842 and $419,976 respectively. AFS Holdings, Inc. Series A Preferred Stock On October 5, 2015, the Articles of Incorporation of AFS were amended to authorize the issuance of 5,000,000 shares of Preferred Stock, par value $0.001, of which 1,000 shares are designated as Series A Preferred Stock. As of December 31, 2017 and March 31, 2017, the Company has 200 shares of Series A preferred stock respectively, issued and outstanding. AFS Series A Preferred Stock accrues dividends at the rate of 12% per annum on the original purchase price for the shares. These dividends are payable annually in cash or the AFS Common Stock at the discretion of the Board of Directors, beginning in March 2016. AFS is prohibited from paying any dividends on AFS Common Stock until all accrued dividends are paid on our Series A preferred Stock. Upon liquidation, the Series A Preferred Stock shareholders shall be entitled to the stated value of each shares held, in addition to accrued and unpaid dividends, as long as AFS possesses the funds necessary to make payments. AFS may, at any time, redeem the shares of Series A Preferred Stock without the prior written consent of the Series A Preferred Stock shareholders. The Series A Preferred Stock ranks senior to AFS Common Stock in a distribution of assets in the event of a liquidation of assets. During the three months ended December 31, 2017, the Company did not issue any Series A Preferred Stock. During the three months ended December 31, 2016, AFS issued issued 50 shares of its Series A Preferred Stock for consulting services and 100 shares for $100,000 in cash to an unaffiliated third parties. During the three month periods ended December 31, 2017 and 2016, the Company incurred $6,000 and $2,037 in dividends on Series A preferred stock. The Company did not pay any dividends for the three or nine months periods ended December 31, 2017 and December 31, 2016. During the nine month periods ended December 31, 2017 and 2016, the Company incurred $18,000 and $5,037 in dividends on Series A preferred stock. Dividends payable for Series A Preferred Stock at December 31, 2017 and March 31, 2017 were $32,037 and $14,037 respectively. The liquidation preference of Series A Preferred Stock as of December 31, 2017 and March 31, 2017 was $232,037 and $214,037 or $1,160.19 and $1,070.19 per share, respectively. Common Stock We did not issue any common stock for the three and nine month periods ended December 31, 2017 and December 31, 2016. Our subsidiary AFS, Inc., issued 825,000 Shares of common stock to 100,000 to our President, 25,000 shares to each of our directors, 50,000 shares to a holder of our Series A Preferred Stock for consulting services rendered, 100,000 shares for consulting services rendered and 500,000 shares to a consultant for services rendered., during the three month period ending December 31, 2016. Warrants There are no warrants outstanding as of December 31, 2017 and March 31, 2017.

TECHNOLOGY LICENSE AGREEMENTS

TECHNOLOGY LICENSE AGREEMENTS	9 Months Ended
	Dec. 31, 2017
Goodwill and Intangible Assets Disclosure [Abstract]
TECHNOLOGY LICENSE AGREEMENTS	NOTE 9: TECHNOLOGY LICENSE AGREEMENTS On December 1, 2014, the Company entered into an exclusive license agreement for anti-corrosion technology from Ronald Knight in exchange for three hundred thousand (300,000) shares of our common stock. This license calls for an earned royalty of three percent (3.00%) on sales of licensed products and services as they may relate to corrosion prevention and maintenance of sump pumps at gasoline and diesel dispensing locations, including, but not limited to gas stations, convenience stores, trucking companies, bus companies, and any other locations where gasoline and/or diesel is dispensed. We did not have any revenue for the period from December 1, 2014 through December 31, 2016. This agreement was terminated on August 7, 2017.

EARNINGS (LOSS) PER SHARE

EARNINGS (LOSS) PER SHARE	9 Months Ended
	Dec. 31, 2017
Earnings Per Share [Abstract]
LOSS PER SHARE	NOTE 10: LOSS PER SHARE ASC 260-10-45 requires a reconciliation of the numerator and denominator of the basic and diluted earnings per share (EPS) computations. We have included the basic and diluted earnings per share (EPS) computation for the three and nine months periods ended December 31, 2017 and 2016. Basic and diluted earnings per share for each of the periods presented is calculated as follows: For the nine months ended December 31, For the nine months ended December 31, 2017 2016 (Unaudited) (Unaudited) Net loss $ (79,603 ) $ (153,291 )) Less: Preferred stock dividends (181,866 ) (168,891 ) Net loss attributable to common shareholders (numerator for basic loss per share) (261,469 ) (322,182 ) Weighted average number of common shares outstanding - Basic 18,198,062 18,198,062 Effect of diluted securities: Series A Convertible Preferred Stock Issued to Related Party — — Weighted average number of common shares outstanding - Diluted 18,198,062 18,198,062 Loss per share- Basic $ (0.014 ) $ (0.018 ) Loss per share- Diluted $ (0.014 ) $ (0.018 ) For the three months ended December 31, For the three months ended December 31, 2017 2016 (Unaudited) (Unaudited) Net loss $ (16,565 ) $(92,705) Less: Preferred stock dividends (60,622 ) (56,655) Net loss attributable to common shareholders (numerator for basic earnings per share) (77,187 ) (149,360) Weighted average number of common shares outstanding - Basic 18,198,062 18,198,062 Effect of diluted securities: Series A Convertible Preferred Stock Issued to Related Party — — Weighted average number of common shares outstanding Diluted 18,198,062 18,198,062 Loss per share- Basic $ (0.004 ) $(0.008) Loss per share- Diluted $ (0.004 ) $(0.008) For the three months ending December 31, 2017 and December 31, 2016, the diluted earnings per share calculation did not include the effect of the shares resulted from assumed conversion of the Series A convertible preferred stock and the shares convertible from convertible notes payable with the principal amount of $149,200 and the related accrued interest, because the effect is anti-dilutive, as the Company incurred a loss during the periods. For the nine months ending December 31, 2017 and December 31, 2016, the diluted earnings per share calculation did not include the effect of the shares resulted from assumed conversion of the Series A convertible preferred stock and the shares convertible from convertible notes payable with the principal amount of $149,200 and the related accrued interest, because the effect is anti-dilutive, as the Company incurred a loss during the periods. The holders of the Series A Convertible Preferred Stock have the right to convert each share of preferred stock into a sufficient number of shares of common stock to equal 40% of the then fully-diluted shares outstanding. Fully diluted shares outstanding is computed as the sum of the number of shares of common stock outstanding plus the number of shares of common stock issuable upon exercise, conversion or exchange of outstanding options, and warrants. In the event that the Company does not have an adequate number of shares of Common Stock authorized, upon a conversion request, only the maximum allowable number of shares of Series A convertible preferred stock shall convert into Common Stock and the remaining shares of Series A convertible preferred Stock shall convert upon lapse of the applicable restrictions. On January 12, 2018, our Board of Directors agreed to amend Designation of the Series A Convertible Preferred Stock be amended by changing the ratio for conversion, in Article IV, subparagraph (a), from .4% to .51% so that upon conversion the number of shares of common stock to be exchanged shall equal 51% of then issued and outstanding common stock.

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	9 Months Ended
	Dec. 31, 2017
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	NOTE 11: COMMITMENTS AND CONTINGENCIES Commitments and contingencies through the date of these financial statements were issued have been considered by the Company and none were noted which were required to be disclosed.

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	9 Months Ended
	Dec. 31, 2017
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	NOTE 12: SUBSEQUENT EVENTS The company has reviewed the subsequent event through the date of this report. Below are our subsequent events: On January 12, 2018, our Board of Directors agreed to amend Designation of the Series A Convertible Preferred Stock be amended by changing the ratio for conversion, in Article IV, subparagraph (a), from .4% to .51% so that upon conversion the number of shares of common stock to be exchanged shall equal 51% of then issued and outstanding common stock. On January 29, 2018 the Company executed a Promissory Note between the Company and Carebourn Capital, LLC in the amount of $230,000. On December 18, 2018, the maturity date of this note was extended until July 31, 2019. On March 9, 2018, we issued 600,000 shares of Common Stock and $2,500 in cash for settlement of two promissory notes payable in the amount of $80,000, plus $69,279 in accrued interest. The shares were valued at $12,000 or $0.02 per share. The value of the shares was based on the closing bid price of the Company's common stock on the date the Agreement was executed by the Company. On March 19, 2018 we issued 2,015,000 to our Series B Preferred Stock shareholder’s for all accrued interest from the date of issuance to March 31, 2018 on their Series B Preferred Stock. The shares were valued at $43,300 or $0.02 per share and were valued based on the closing bid price of the Company's common stock on the date the shares were issued. $481,714 was treated as a gain from this transaction. The principal and accrued interest on $60,000 notes payables were settled in March 20, 2018 for $5,000. On March 21, 2018 the Board of Directors and a majority of the Company's shareholders approved an amendment to our Articles of Incorporation to change the Company's name to Groove Botanicals, Inc. We filed an amendment to our Articles of Incorporation with the State of Nevada on May 18, 2018. Our Company’s new name reflects our new corporate direction as a consumer health products company dedicated to improving people’s health and well-being. We will assemble a portfolio of assets via royalty agreements, equity investments, and licensing agreements, as well as develop our own proprietary CB3 skin care products. Our products will contain premium hemp extracts with a broad range of cannabinoids, including cannabidiol (CBD). CBD is a cannabinoid compound naturally derived from the hemp plant. It is not a drug and has no intoxicating effects, but has a long history of natural uses. Recent breakthroughs in research have shown the powerful health benefits of CBD on the body. CBD is also rich in vitamins A, B, D, and E, antioxidants, and fatty acids, all of which dramatically improve skin health. When applied topically to the skin, CBD has been shown to reduce inflammation, retain skin moisture levels, reduce cellular damage, inhibit oil production leading to breakouts, and protect skin from free radicals that damage collagen and elastin. On March 26, 2018 we issued 300,000 shares of our Common Stock to our directors for their services. The shares were valued at $6,000 or $0.02 per share and were valued based on the closing bid price of the Company's common stock on the date the shares were issued. On March 26, 2018 we issued 4,800,000 to seven Consultants for services rendered. The shares were valued at $96,000 or $0.02 per share and were valued based on the closing bid price of the Company's common stock on the date the shares were issued. The maturity of notes payable, amount of $9,200, has been extended until April 1, 2018. The outstanding principal balance and all outstanding interest was converted into 1,850,000 shares in subsequent three months. On July 7, 2018, we issued 700,000 shares of our common stock to a consultant. We valued the shares at $14,000 or $0.02 per share. The value of the shares was based on the closing bid price of the Company's common stock on the date the Agreement was executed by the Company. On August 29, 2018, we issued 1,000,000 shares of our common stock to a consultant. We valued the shares at $30,000 or $0.03 per share. The value of the shares was based on the closing bid price of the Company's common stock on the date the Agreement was executed by the Company. On October 4, 2018, we issued 1,100,000 shares of our common stock to a holder of 368 shares of our Series B Preferred Stock for accrued interest for the period from April 1, 2018 to March 31, 2019. We valued the shares at $66,000 or $0.06 per shares. The value of the shares was based on the closing bid price of the Company's common stock on the date the Agreement was executed by the Company.

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	9 Months Ended
	Dec. 31, 2017
Accounting Policies [Abstract]
Corporate Structures	Corporate Structure Groove Botanicals, Inc. (the "Company"), (formerly known as Avalon Oil & Gas, Inc.), was originally incorporated in Colorado in April 1991 under the name Snow Runner (USA), Inc. The Company was the general partner of Snow Runner (USA) Ltd.; a Colorado limited partnership to sell proprietary snow skates under the name "Sled Dogs" which was dissolved in August 1992. In late 1993, the Company relocated its operations to Minnesota and in January 1994 changed our name to Snow Runner, Inc. In November 1994 we changed our name to the Sled Dogs Company. On November 5, 1997, we filed for protection under Chapter 11 of the U.S. Bankruptcy Code. In September 1998, we emerged from protection of Chapter 11 of the U.S. Bankruptcy Code. In May, 1999, we changed our state of domicile to Nevada and our name to XDOGS.COM, Inc. On July 22, 2005, the Board of Directors and a majority of the Company's shareholders approved an amendment to our Articles of Incorporation to change the Company's name to Avalon Oil & Gas, Inc., and to increase the authorized number of shares of our common stock from 200,000,000 shares to 1,000,000,000 shares par value of $0.001, and engage in the acquisition of producing oil and gas properties. On November 16, 2011, a majority of the Company's shareholders approved an amendment to our Articles of Incorporation to increase the authorized number of shares of our common stock from 1,000,000,000 shares to 3,000,000,000 shares par value of $0.001. This amendment was not filed with the Nevada Secretary of State. On June 4, 2012 the Board of Directors approved an amendment to our Articles of Incorporation to a reverse split of the issued and outstanding shares of Common Stock of the Corporation (“Shares”) such that each holder of Shares as of the record date of June 4, 2012 shall receive one (1) post-split Share on the effective date of June 4, 2012 for each three hundred (300) Shares owned. The reverse split was effective on July 23, 2012. On September 28, 2012, we held a special meeting of Avalon’s shareholders and approved an amendment to the Company’s Articles of Incorporation such that the Company would be authorized to issue up to 200,000,000 shares of common stock. We filed an amendment with the Nevada Secretary of State on April 10, 2013, to increase our authorized shares to 200,000,000. On March 21, 2018 the Board of Directors and a majority of the Company's shareholders approved an amendment to our Articles of Incorporation to change the Company's name to Groove Botanicals, Inc. We filed an amendment to our Articles of Incorporation with the State of Nevada on May 18, 2018.
Principles of consolidation	Principles of consolidation The condensed consolidated financial statements include the accounts of the Company and the Company’s subsidiary’s Oiltek, Inc., AFS Holdings, Inc., and Weyer Partners, LLC. All significant inter-company items have been eliminated in consolidation.
Basis of Preparation of Financial Statements	Basis of Preparation of Financial Statements The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with generally accepted accounting principles for interim financial information and with the instructions to Form 10-Q. They do not include all of the information and footnotes required by Accounting Principles generally accepted accounting principles in United States America (“US GAAP”) for complete financial statements and related notes. The accompanying unaudited condensed consolidated financial statements and related notes should be read in conjunction with the audited consolidated financial statements of the Company and notes thereto for the year ended March 31, 2017. In the opinion of management, the accompanying unaudited condensed consolidated financial statements contain all adjustments (which include only normal recurring adjustments) necessary to present fairly the balance sheets of Groove Botanicals, Inc. and subsidiaries as of December31, 2017 and the results of their operations for the three months and nine months ended December 31, 2017 and 2016, and cash flows for the nine months ended December 31, 2017 and 2016, and are not necessarily indicative of the results to be expected for the entire year.
Going Concern	Going Concern The Company has minimal revenues from our remaining oil and gas assets. We are in need additional cash resources to maintain our operations. The company has incurred a loss of $34,328,577 from inception through December 31, 2017. The Company has a working capital deficit of $1,163,589 and total deficit of $1,128,731 at December 31, 2017. The company has not yet received any revenue from the sale our CBD skincare products. These factors raise substantial doubt about its ability to continue as a going concern. The Company’s ability to continue as a going concern is dependent on its ability to raise additional capital or obtain necessary debt financing. The Company is presently dependent on its controlling shareholder to provide us funding for its daily operation and expenses, including professional fee and fees charged by regulators, although he is under no obligation to do so. The Company intends to meet the cash requirements for the next 12 months from the issuance date of this report through a combination of debt and equity financing by way of private placements, friends, family and business associates. The Company currently does not have any arrangements in place to complete any private placement financings and there is no assurance that the Company will be successful in completing any such financings on terms that will be acceptable to it. If we do not have sufficient working capital to pay our operating costs for the next 12 months, we will require additional funds to pay our legal, accounting and other fees associated with our Company and our filing obligations under United States federal securities laws, as well as to pay our other accounts payable generated in the ordinary course of our business. Once these costs are accounted for, we will focus on the manufacture and sale of our CBD skincare products. Any failure to raise money will have the effect of delaying the timeframes in the business plan as set forth above, and the Company may have to push back the dates of such activities. The financial statements have been prepared on a going concern basis which assumes the Company will be able to realize its assets and discharge its liabilities in the normal course of business for the foreseeable future. The Company has incurred losses and further losses are anticipated as a result of the development of business which raises substantial doubt about the Company’s ability to continue as a going concern within the next twelve months from the issuance date of this report. The ability to continue as a going concern is dependent upon the Company generating profitable operations in the future and/or obtaining financing necessary to meet the Company’s obligations and repay its liabilities arising from normal business operations when they come due. Management intends to finance operating costs over the next twelve months with existing cash on hand and loans from directors and/or private placement of the Company’s common stock.
Use of Estimates	Use of Estimates The preparation of financial statements in conformity with generally accepted accounting principles generally accepted in the United States of America requires us to make estimates and assumptions that affect the amounts reported in the condensed consolidated financial statements and accompanying notes. Actual results could differ from those estimates and assumptions.
Cash and Cash Equivalents	Cash and Cash Equivalents Cash and cash equivalents consist of cash. The Company maintains its cash balances at several financial institutions. Accounts at the institutions are insured by the Federal Deposit Insurance Corporation up to $250,000.
Fair Value of Financial Instruments	Fair Value of Financial Instruments The Company's financial instruments are cash and cash equivalents, accounts payable, notes payable and long-term debt. The recorded values of cash and cash equivalents, and accounts payable approximate their fair values based on their short-term nature. The recorded values of notes payable and long-term debt approximate their fair values, as interest approximates market rates.
Oil and Natural Gas Properties	Oil and Natural Gas Properties The Company follows the full cost method of accounting for natural gas and oil properties. Under the full cost concept, all costs incurred in acquiring, exploring, and developing properties cost center are capitalized when incurred and are amortized as mineral reserves in the cost center are produced, subject to a limitation that the capitalized costs not exceed the value of those reserves. The unamortized costs relating to a property that is surrendered, abandoned, or otherwise disposed of are accounted for as an adjustment of accumulated amortization, rather than as a gain or loss that enters into the determination of net income, until all
Property and Equipment, net	Property and Equipment, net Property and equipment is reviewed for recoverability when events or changes in circumstances indicate that its carrying value may exceed future undiscounted cash inflows. As of December 31, 2017 and March 31, 2017, the Company had not identified any such impairment. Repairs and maintenance are charged to operations when incurred and improvements and renewals are capitalized. Property and equipment are stated at cost. Depreciation is calculated using the straight-line method for financial reporting purposes and accelerated methods for tax purposes. Their estimated useful lives are as follows: Office Equipment: 5-7 Years Vehicles 5 Years
Asset Retirement Obligations	Asset Retirement Obligations In accordance with the provisions of Financial Accounting Standards Board “FASB” Accounting Standard Codification “ASC” 410-20-15, “Accounting for Asset Retirement Obligations”, the Company records the fair value of its liability for asset retirement obligations in the period in which it is incurred and a corresponding increase in the carrying amount of the related long live assets. Over time, the liability is accreted to its present value at the end of each reporting period, and the capitalized cost is depreciated over the useful life of the related assets. Upon settlement of the liability, the Company will either settle the obligation for its recorded amount or incur a gain or loss upon settlement. The Company's asset retirement obligations relate to the plugging and abandonment of its oil properties.
Stock Based Compensation	Stock Based Compensation Share awards granted to employees and independent directors are accounted for under ASC 718, "Share-Based Payment". ASC 718-10 eliminates accounting for share-based compensation transaction using the intrinsic value method and requires instead that such transactions be accounted for using a fair-value-based method. The Company has elected to adopt the provisions of ASC 718-10 effective January 1, 2006, under the modified prospective transition method, in which compensation cost was recognized beginning with the effective date (a) based on the requirements of ASC 718-10 for all share-based payments granted after the effective date and (b) based on the requirements of ASC 718-10 for all awards granted to employees prior to the effective date of ASC 718-10 that remain unvested on the effective date. The Company records share-based compensation expense for awards granted to non-employees in exchange for services at fair value in accordance with the provisions of ASC 505-50, "Equity Based" payment to non-employees. For the awards granted to non-employees, the Company will record compensation expenses equal to the fair value of the share options at the measurement date, which is determined to be the earlier of the performance commitment date or the service completion date.
Earnings (loss) per Common Share	Earnings (loss) per Common Share ASC 260-10-45, “Earnings Per Share”, requires presentation of "basic" and "diluted" earnings per share on the face of the statements of operations for all entities with complex capital structures. Basic earnings per share are computed by dividing net income by the weighted average number of common shares outstanding for the period. Diluted earnings per share reflect the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted during the period. Dilutive securities having an anti-dilutive effect on diluted earnings per share are excluded from the calculation.
Income Taxes	Income Taxes Deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets, including tax loss and credit carry forwards, and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. Deferred income tax expense represents the change during the period in the deferred tax assets and deferred tax liabilities. The components of the deferred tax assets and liabilities are individually classified as current and non-current based on their characteristics. Deferred tax assets are reduced by a valuation allowance when, in the opinion of management, it is more likely than not that some portion or all of the deferred tax assets will not be realized. ASC 740-10-25, “Accounting for Uncertainty in Income Taxes”, is intended to clarify the accounting for uncertainty in income taxes recognized in a company's financial statements and prescribes the recognition and measurement of a tax position taken or expected to be taken in a tax return. ASC 740-10-25 also provides guidance on de-recognition, classification, interest and penalties, accounting in interim periods, disclosure and transition. Under ASC 740-10-25, evaluation of a tax position is a two-step process. The first step is to determine whether it is more-likely-than-not that a tax position will be sustained upon examination, including the resolution of any related appeals or litigation based on the technical merits of that position. The second step is to measure a tax position that meets the more-likely-than-not threshold to determine the amount of benefit to be recognized in the financial statements. A tax position is measured at the largest amount of benefit that is greater than 50 percent likely of being realized upon ultimate settlement. Tax positions that previously failed to meet the more-likely-than-not recognition threshold should be recognized in the first subsequent period in which the threshold is met. Previously recognized tax positions that no longer meet the more-likely-than-not criteria should be de-recognized in the first subsequent financial reporting period in which the threshold is no longer met.
Revenue Recognition	Revenue Recognition In accordance with the requirements ASC topic 605 "Revenue Recognition", revenues are recognized at such time as (1) persuasive evidence of an arrangement exists, (2) delivery has occurred or services have been rendered, (3) the seller's price to the buyer is fixed or determinable and (4) collectability is reasonably assured. Specifically, oil and gas sales are recognized as income at such time as the oil and gas are delivered to a viable third party purchaser at an agreed price. Interest income is recognized as it is earned.
Recent Accounting Standards	Recently Issued Accounting Policies In May 2014, the FASB issued ASU 2014-9, "Revenue from Contracts with Customers (Topic 606)," which supersedes the revenue recognition requirements in ASC Topic 605, "Revenue Recognition," and most industry-specific guidance. ASU 2014-9 is based on the principle that revenue is recognized to depict the transfer of goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. ASU 2014-9 also requires additional disclosure about the nature, amount, timing and uncertainty of revenue and cash flows arising from customer contracts. ASU 2014-9 applies to all contracts with customers except those that are within the scope of other topics in the FASB ASC. The new guidance is effective for interim and annual reporting periods beginning after December 15, 2017 for public companies. Early adoption is not permitted. Entities have the option of using either a full retrospective or modified retrospective approach to adopt ASU 2014-9. Additionally, in March 2016, the FASB issued ASU No. 2016-08, Revenue from Contracts with Customers (Topic 606): Principal versus agent considerations (reporting revenue gross versus net), which clarifies the implementation guidance on principal versus agent considerations on such matters. In April 2016, the FASB issued ASU No. 2016-10, Revenue from Contracts with Customers (Topic 606): Identifying performance obligations and licensing, which clarifies guidance related to identifying performance obligations and licensing implementation guidance contained in the new revenue recognition standard. In May 2016, the FASB issued ASU No. 2016-12, Revenue from Contracts with Customers (Topic 606): Narrow-scope improvements and practical expedients, which addresses narrow-scope improvements to the guidance on collectability, non-cash consideration, and completed contracts at transition. Additionally, the amendments in this update provide a practical expedient for contract modifications at transition and an accounting policy election related to the presentation of sales taxes and other similar taxes collected from customers. In December 2016, the FASB issued ASU No. 2016-20, Technical Corrections and Improvements to Topic 606, Revenue from Contracts with Customers, which clarifies the guidance or corrects unintended application of guidance. The Company completed its assessment of the new accounting standard and does not expect the adoption of this standard to have a material impact to our revenue recognition based on our existing contracts with customers. We adopted the new standard during the first quarter of 2018 using the modified retrospective approach and there will be no material impact to our previously recorded revenue under the new standard.

PROPERTY AND EQUIPMENT (Tables)

PROPERTY AND EQUIPMENT (Tables)	9 Months Ended
	Dec. 31, 2017
Property, Plant and Equipment [Abstract]
Property and Equipment	December 31, 2017 March 31, 2017 Office Equipment $ 41,778 $ 41,778 Vehicles 22,657 22,657 64,435 64,435 Less: Accumulated depreciation (58,773 ) (55,374 ) Total $ 5,662 $ 9,061

OIL AND GAS PROPERTY ACTIVITY (

OIL AND GAS PROPERTY ACTIVITY (Tables)	9 Months Ended
	Dec. 31, 2017
Extractive Industries [Abstract]
Producing oil and gas properties	December 31, 2017 March 31, 2017 (Unaudited) Lincoln County, Oklahoma $ 111,402 $ 111,402 Lipscomb County, Texas — 250,082 Miller County, Arkansas 139,909 139,909 Ward Petroleum Assets 290,500 290,500 Kensington Energy Assets 120,000 120,000 Other Properties 325,185 325,185 Total Properties 986,996 1,237,078 Asset retirement cost, net 29,712 31,884 Property impairments (401,636 ) (635,154 ) Less: Depletion (601,297 ) (599,223 ) Net $ 13,775 $ 34,585

ACCOUNTS PAYABLE AND ACCRUED _2

ACCOUNTS PAYABLE AND ACCRUED LIABILITIES (Tables)	9 Months Ended
	Dec. 31, 2017
Payables and Accruals [Abstract]
Accounts payable and accrued liabilities	December 31, 2017 March 31, 2017 (Unaudited) Accounts payable $ 157,091 $ 132,746 Accrued interest 77,864 75,713 Total $ 234,955 $ 208,459

NOTES PAYABLE (Tables)

NOTES PAYABLE (Tables)	9 Months Ended
	Dec. 31, 2017
Debt Disclosure [Abstract]
Schedule of notes payable with classification	December 31, 2017 March 31, 2017 (Unaudited) Notes payable – long-term portion $ — $ — Notes payable – current portion 149,200 149,200 Total $ 149,200 $ 149,200

INCOME TAXES (Tables)

INCOME TAXES (Tables)	9 Months Ended
	Dec. 31, 2017
Income Tax Disclosure [Abstract]
Schedule of Income Taxes	December 31, 2017 March 31, 2017 (Unaudited) U.S. Federal statutory graduated rate 35.00 % 35.00 % State income tax rate, net of federal benefit 6.47 % 6.47 % Net rate 41.47 % 41.47 % Net operating loss used 0.00 % 0.00 % Net operating loss for which no tax benefits is currently available (41.47 )% (41.47 )% 0.00 % 0.00 %

EARNINGS (LOSS) PER SHARE (Tabl

EARNINGS (LOSS) PER SHARE (Tables)	9 Months Ended
	Dec. 31, 2017
Earnings Per Share [Abstract]
Basic and diluted earnings per share	For the nine months ended December 31, For the nine months ended December 31, 2017 2016 (Unaudited) (Unaudited) Net loss $ (79,603 ) $ (153,291 )) Less: Preferred stock dividends (181,866 ) (168,891 ) Net loss attributable to common shareholders (numerator for basic loss per share) (261,469 ) (322,182 ) Weighted average number of common shares outstanding - Basic 18,198,062 18,198,062 Effect of diluted securities: Series A Convertible Preferred Stock Issued to Related Party — — Weighted average number of common shares outstanding - Diluted 18,198,062 18,198,062 Loss per share- Basic $ (0.014 ) $ (0.018 ) Loss per share- Diluted $ (0.014 ) $ (0.018 ) For the three months ended December 31, For the three months ended December 31, 2017 2016 (Unaudited) (Unaudited) Net loss $ (16,565 ) $ (92,705 ) Less: Preferred stock dividends (60,622 ) (56,655 ) Net loss attributable to common shareholders (numerator for basic earnings per share) (77,187 ) (149,360 ) Weighted average number of common shares outstanding - Basic 18,198,062 18,198,062 Effect of diluted securities: Series A Convertible Preferred Stock Issued to Related Party — — Weighted average number of common shares outstanding Diluted 18,198,062 18,198,062 Loss per share- Basic $ (0.004 ) $ (0.008 ) Loss per share- Diluted $ (0.004 ) $ (0.008 )

SUMMARY OF SIGNIFICANT ACCOUN_3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative) - USD ($)	2 Months Ended	9 Months Ended		297 Months Ended
	Jul. 23, 2012	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2017	Mar. 31, 2017	Apr. 10, 2013	Sep. 28, 2012	Nov. 16, 2011	Jul. 22, 2005
Authorized number of shares of common stock		200,000,000		200,000,000	200,000,000	200,000,000	200,000,000	3,000,000,000	1,000,000,000
Common stock authorized, par value		$ 0.001		$ 0.001	$ 0.001			$ 0.001	$ 0.001
Reverse split terms	300 to 1
Loss incurred from inception				$ (34,328,577)
Working capital deficiency		$ 1,163,589		1,163,589
Stockholders' Equity		(1,316,672)		(1,316,672)	$ (1,000,351)
Accounts at institutions insured by FDIC		250,000		$ 250,000
Impaired in Oil and Gas Properties		$ 0	$ 0
Office Equipment
Estimated useful lives		5 years
Vehicles
Estimated useful lives		5 years

PROPERTY AND EQUIPMENT (Details

PROPERTY AND EQUIPMENT (Details) - USD ($)	Dec. 31, 2017	Mar. 31, 2017
Total Gross	$ 64,435	$ 64,435
Less: Accumulated depreciation	(58,773)	(55,374)
Total	5,662	9,061
Office Equipment
Total Gross	41,778	41,778
Vehicles
Total Gross	$ 22,657	$ 22,657

PROPERTY AND EQUIPMENT (Detai_2

PROPERTY AND EQUIPMENT (Details Narrative) - USD ($)	3 Months Ended		9 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2017	Dec. 31, 2016
Property, Plant and Equipment [Abstract]
Depreciation expense	$ 1,133	$ 1,133	$ 3,399	$ 3,399

OIL AND GAS PROPERTY ACTIVITY -

OIL AND GAS PROPERTY ACTIVITY - Producing oil and gas properties (Details) - USD ($)	Dec. 31, 2017	Mar. 31, 2017
Ward Petroleum Assets	$ 290,500	$ 290,500
Kensington Energy Assets	120,000	120,000
Other Properties	325,185	325,185
Total Properties	986,996	1,237,078
Asset retirement obligation	29,712	31,884
Property impairments	(401,636)	(635,154)
Less: Depletion	(601,297)	(599,223)
Net	13,775	34,585
Lincoln County, Oklahoma
Properties	111,402	111,402
Lipscomb County, Texas
Properties		250,082
Miller County, Arkansas
Properties	$ 139,909	$ 139,909

ACCOUNTS PAYABLE AND ACCRUED _3

ACCOUNTS PAYABLE AND ACCRUED LIABILITIES - Accounts payable and accrued liabilities (Details) - USD ($)	Dec. 31, 2017	Mar. 31, 2017
Payables and Accruals [Abstract]
Accounts payable	$ 157,091	$ 132,746
Accrued liabilities	77,864	75,713
Total	$ 234,955	$ 208,459

NOTES PAYABLE - SCHEDULE OF NOT

NOTES PAYABLE - SCHEDULE OF NOTES PAYABLE WITH CLASSIFICATION (Details) - USD ($)	Mar. 09, 2018	Dec. 31, 2017	Mar. 31, 2017
Summary of notes payable
Notes payable - long term portion
Notes payable - current portion	$ 80,000	149,200	149,200
Total		$ 149,200	$ 149,200

NOTES PAYABLE (Details Narrativ

NOTES PAYABLE (Details Narrative)	9 Months Ended
	Dec. 31, 2017USD ($)shares
Notes Payable (1)
Note amount	$ 9,200
Conversion of shares | shares	1,850,000
Notes Payable (2)
Note amount	$ 50,000
Conversion of shares | shares	600,000
Issue date	Nov. 11, 2018
Cash issued on settlement of debt	$ 2,500
Notes Payable (3)
Note amount	$ 50,000
Conversion of shares | shares	600,000
Issue date	Mar. 9, 2019
Cash issued on settlement of debt	$ 2,500
Notes Payable (4)
Note amount	60,000
Cash issued on settlement of debt	$ 5,000

RELATED PARTY TRANSACTIONS (Det

RELATED PARTY TRANSACTIONS (Details Narrative) - USD ($)	3 Months Ended		9 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2017	Dec. 31, 2016	Mar. 31, 2017	Apr. 21, 2011
Amount charged to operations in annual salary	$ 12,000	$ 12,000	$ 36,000	$ 36,000
Amount of compensation paid to Mr. Rodriquez	7,520	$ 12,450	23,545	$ 21,750
Kent Rodriguez
Balance of accrued and unpaid salaries	232,017		232,017		$ 219,562
Notes payable	$ 20,000		$ 20,000		$ 20,000	$ 35,000

INCOME TAXES - Schedule of Inco

INCOME TAXES - Schedule of Income Taxes (Details)	9 Months Ended	12 Months Ended
	Dec. 31, 2017	Mar. 31, 2017
Income Tax Disclosure [Abstract]
U.S. Federal statutory graduated rate	35.00%	35.00%
State income tax rate, net of federal benefit	6.47%	6.47%
Net rate	41.47%	41.47%
Net operating loss used	0.00%	0.00%
Net operating loss for which no tax benefit is currently available	(41.47%)	(41.47%)
Deferred tax rate	0.00%	0.00%

INCOME TAXES (Details Narrative

INCOME TAXES (Details Narrative)	Dec. 31, 2017USD ($)
Income Tax Disclosure [Abstract]
Federal and State net operating loss carry forwards	$ 34,328,577
Valuation allowance reducing the net realizable benefits of deductible differences	$ 0

STOCKHOLDERS' EQUITY - Preferre

STOCKHOLDERS' EQUITY - Preferred Stock (Details Narrative) - USD ($)	3 Months Ended		4 Months Ended	9 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2016	Dec. 31, 2017	Dec. 31, 2016	Mar. 31, 2017	Mar. 31, 2016	Oct. 05, 2015
Preferred stock dividends	$ 60,622	$ 56,655		$ 181,866	$ 168,891
Preferred stock dividends paid	60,622	56,655		$ 181,866	168,891
Preferred stock issued				300,000
Accrued dividends	$ 509,429			$ 509,429		$ 357,563
AFS
Preferred stock, shares authorized								5,000,000
Preferred stock, par value								$ 0.001
Series A
Preferred stock, shares authorized	100			100
Preferred stock, par value	$ .10			$ .10
Preferred stock, shares issued	100			100
Preferred stock, shares outstanding	100			100
Preferred stock dividends	$ 10,000	10,000		$ 30,000	30,000
Preferred stock dividends paid	0	0		0	1,000
Liquidation preference	$ 606,450	$ 576,450	$ 576,450	$ 606,450	$ 576,450
Liquidation preference per share	$ 5,964.50	$ 5,764.50	$ 5,764.50	$ 5,964.50	$ 5,764.50
Preferred stock issued to officer/director on conversion of promissory notes, Shares				100
Preferred stock issued to officer/director on conversion of promissory notes				$ 500,000
Dividend rate on preferred stock				8.00%
Accrued dividends	$ 106,450	$ 76,450	$ 76,450	$ 106,450	$ 76,450
Series A | AFS
Preferred stock, shares authorized								1,000
Preferred stock, shares outstanding								50
Preferred stock dividends	6,000	2,037		18,000	5,037
Liquidation preference	$ 232,037	$ 214,037	$ 214,037	$ 232,037	$ 214,037
Liquidation preference per share	$ 1,160.19	$ 1,070.19	$ 1,070.19	$ 1,160.19	$ 1,070.19
Preferred stock issued				0	0
Accrued dividends	$ 32,037	$ 14,037	$ 14,037	$ 32,037	$ 14,037
Shares issued for services		50
Shares issued for cash		100
Shares issued value		$ 100,000
Series B
Preferred stock, shares authorized	2,000			2,000		2,000
Preferred stock, par value	$ .10			$ .10		$ .10
Preferred stock, shares issued	1,983			1,983		1,983
Preferred stock, shares outstanding	1,983			1,983		1,983
Preferred stock dividends				$ 133,866	$ 133,866
Liquidation preference	$ 2,460,392			$ 2,460,392			$ 2,326,526
Liquidation preference per share	$ 1,240.74			$ 1,240.74			$ 1,173.24
Preferred stock issued				0	0
Accrued dividends	$ 477,392			$ 477,392			$ 343,526
Common Stock | AFS | President
Shares issued					825,000
Common Stock | AFS | Directors
Shares issued					25,000
Common Stock | AFS | Series A Holder
Shares issued					50,000
Common Stock | AFS | Consultant
Shares issued			500,000		100,000

TECHNOLOGY LICENSE AGREEMENT (D

TECHNOLOGY LICENSE AGREEMENT (Details Narrative)	9 Months Ended
	Dec. 31, 2017shares
Goodwill and Intangible Assets Disclosure [Abstract]
Shares exchanged for exclusive license agreement	300,000
Percentage of net sales as royalty income	3.00%

EARNINGS (LOSS) PER SHARE - Bas

EARNINGS (LOSS) PER SHARE - Basic and diluted earnings per share (Details) - USD ($)	3 Months Ended		9 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2017	Dec. 31, 2016
Earnings Per Share [Abstract]
Net income (loss) attributable to Avalon Oil & Gas, Inc.	$ (16,565)	$ (92,705)	$ (79,603)	$ (153,291)
Preferred stock dividends	(60,622)	(56,655)	(181,866)	(168,891)
Net income (loss) attributable to common shareholders of Avalon Oil & Gas, Inc. (numerator for basic earnings per share)	$ (77,187)	$ (149,360)	$ (261,469)	$ (322,182)
Weighted average number of common shares outstanding - Basic	18,198,062	18,198,062	18,198,062	18,198,062
Effect of diluted securities:
Weighted average number of common shares outstanding - Diluted	18,198,062	18,198,062	18,198,062	18,198,062
Earnings (loss) per share- Basic	$ (.004)	$ (.008)	$ (.014)	$ (.018)
Earnings (loss) per share- Diluted	$ (0.004)	$ (0.008)	$ (0.014)	$ (0.018)

EARNINGS (LOSS) PER SHARE (Deta

EARNINGS (LOSS) PER SHARE (Details Narrative) - USD ($)	3 Months Ended		9 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2017	Dec. 31, 2016
Earnings Per Share [Abstract]
Net loss per share	$ (.004)	$ (.008)	$ (.014)	$ (.018)
Convertible notes not included in the calculation of the diluted earnings	$ 149,200	$ 149,200	$ 149,200	$ 149,200

SUBSEQUENT EVENTS (Details Narr

SUBSEQUENT EVENTS (Details Narrative) - USD ($)	Oct. 04, 2018	Aug. 29, 2018	Jul. 07, 2018	Mar. 26, 2018	Mar. 20, 2018	Mar. 19, 2018	Mar. 09, 2018	Jan. 29, 2018	Dec. 31, 2017	Mar. 31, 2017
Note Payable							$ 80,000		$ 149,200	$ 149,200
Shares issued	1,100,000						600,000
Cash issued					$ 5,000		$ 2,500
Value of shares	$ 66,000						$ 12,000
Price per share	$ 0.06						$ 0.02
Accrued interest					$ 60,000		$ 69,279
Common Stock
Shares issued						2,015,000
Value of shares						$ 43,300
Price per share						$ 0.02
Gain from transaction						$ 481,714
Common Stock | Directors
Shares issued				300,000
Value of shares				$ 6,000
Price per share				$ 0.02
Common Stock | Consultant
Shares issued		1,000,000	700,000	4,800,000
Value of shares		$ 30,000	$ 14,000	$ 96,000
Price per share		$ 0.03	$ 0.02	$ 0.02
Convertible Promissory Note [Member]
Note Payable								$ 230,000