Sector 10 (SECI) 10-K 14 Jun 18 2018 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Mar. 31, 2018	Jun. 11, 2018	Sep. 30, 2017
Document and Entity Information:
Entity Registrant Name	SECTOR 10 INC
Document Type	10-K
Document Period End Date	Mar. 31, 2018
Trading Symbol	seci
Amendment Flag	false
Entity Central Index Key	925,661
Current Fiscal Year End Date	--03-31
Entity Common Stock, Shares Outstanding		305,778
Entity Public Float			$ 1,223
Entity Filer Category	Smaller Reporting Company
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Well-known Seasoned Issuer	No
Document Fiscal Year Focus	2,018
Document Fiscal Period Focus	FY

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($)	Mar. 31, 2018	Mar. 31, 2017
Current assets:
Cash
Inventory, net
Total current assets
Fixed assets cost	22,250	22,250
Less: accumulated depreciation	(22,250)	(22,250)
Net fixed assets
Other assets - Network acquisition/development costs
Total assets
Current liabilities:
Accounts payable and accrued liabilities	8,928,642	7,707,510
Note payable - short term	803,615	803,615
Total current liabilities	9,732,257	8,511,125
Long term liabilities:
Note payable
Total long term liabilities
Total liabilities	9,732,257	8,511,125
Shareholders' equity (deficit)
Preferred shares - $0.001 par value; 1,000,000 authorized, no shares issued or outstanding
Common shares - $0.001 par value; 199,000,000 authorized; 305,778 and 305,778 shares issued and outstanding, respectively	306	306
Additional paid-in-capital	6,148,229	6,148,229
Deficit accumulated during development stage	(15,880,792)	(14,659,660)
Total shareholders' equity (deficit)	(9,732,257)	(8,511,125)
Total liabilities and shareholders' equity (deficit)

CONSOLIDATED BALANCE SHEETS PAR

CONSOLIDATED BALANCE SHEETS PARENTHETICAL - $ / shares	Mar. 31, 2018	Mar. 31, 2017
CONSOLIDATED BALANCE SHEETS PARENTHETICAL
Preferred shares par value	$ 0.001	$ 0.001
Preferred shares authorized	1,000,000	1,000,000
Preferred shares issued
Preferred shares outstanding
Common shares par value	$ 0.001	$ 0.001
Common shares authorized	199,000,000	199,000,000
Common shares issued	305,778	305,778
Common shares outstanding	305,778	305,778

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)	12 Months Ended		187 Months Ended
	Mar. 31, 2018	Mar. 31, 2017	Mar. 31, 2018
CONSOLIDATED STATEMENTS OF OPERATIONS
Sales			$ 18,500
Cost of Sales			(18,032)
Gross Profit			468
Expenses:
General and administrative	$ 800,575	$ 854,789	12,746,123
Depreciation			24,106
Research and development			226,108
Total expenses	800,575	854,789	12,996,337
Income (loss) from operations	(800,575)	(854,789)	(12,995,869)
Interest expense	(420,557)	(364,291)	(2,254,128)
Other income (expense)			(630,795)
Net income (loss) before income taxes	(1,221,132)	(1,219,080)	(15,880,792)
Provision for income taxes
Net income (loss) after income taxes	$ (1,221,132)	$ (1,219,080)	$ (15,880,792)
Weighted Average Shares Outstanding - basic and diluted*	305,778	305,778
Basic and diluted income (loss) per share
Continuing Operations	$ (3.99)	$ (3.99)
Net Income (Loss)	$ (3.99)	$ (3.99)

CONSOLIDATED STATEMENT OF SHARE

CONSOLIDATED STATEMENT OF SHAREHOLDERS' DEFICIT - USD ($)	Total	Common Stock	Additional Paid in Capital	Deficit Accumulated During Development Stage
Balance at Mar. 31, 2010		$ 101	$ 4,274,432	$ (5,247,939)
Balance - Shares at Mar. 31, 2010		100,819
Issued Shares (unaudited)		$ 243	1,199,745
Issued Shares (unaudited) - Shares		243,443
Adjustment to value of stock options at March 31, 2011 (unaudited)			116,455
Discount on Convertible notes (unaudited)			206,324
Net Loss				(2,572,447)
Balance at Mar. 31, 2011		$ 344	5,796,956	(7,820,386)
Balance - Shares at Mar. 31, 2011		344,262
Issued Shares (unaudited)		$ (23)	76,988
Issued Shares (unaudited) - Shares		(23,315)
Net Loss				(1,447,492)
Adjust for 500-to 1 reverse split		$ (15)	152,451
Adjust for 500-to 1 reverse split - Shares		(15,169)
Adjustment to value of stock options at March 31, 2012 (unaudited)			97,048
Balance at Mar. 31, 2012		$ 306	6,123,443	(9,267,878)
Balance - Shares at Mar. 31, 2012		305,778
Net Loss				(963,191)
Adjustment to value of stock options at March 31, 2012 (unaudited)			24,786
Balance at Mar. 31, 2013		$ 306	6,148,229	(10,231,069)
Balance - Shares at Mar. 31, 2013		305,778
Net Loss				(997,806)
Balance at Mar. 31, 2014		$ 306	6,148,229	(11,228,875)
Balance - Shares at Mar. 31, 2014		305,778
Net Loss				(1,074,487)
Balance at Mar. 31, 2015		$ 306	6,148,229	(12,303,362)
Balance - Shares at Mar. 31, 2015		305,778
Net Loss				(1,137,218)
Balance at Mar. 31, 2016		$ 306	6,148,229	(13,440,580)
Balance - Shares at Mar. 31, 2016		305,778
Net Loss	$ (1,219,080)			(1,219,080)
Balance at Mar. 31, 2017	(8,511,125)	$ 306	6,148,229	(14,659,660)
Balance - Shares at Mar. 31, 2017		305,778
Net Loss	(1,221,132)			(1,221,132)
Balance at Mar. 31, 2018	$ (9,732,257)	$ 306	$ 6,148,229	$ (15,880,792)
Balance - Shares at Mar. 31, 2018		305,778

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	12 Months Ended		187 Months Ended
	Mar. 31, 2018	Mar. 31, 2017	Mar. 31, 2018
Cash Flows from Operating Activities:
Net Loss	$ (1,221,132)	$ (1,219,080)	$ (15,880,792)
Adjustments to reconcile net loss to net cash used in operating activities:
Stock for services			5,114,493
Depreciation			24,106
Net discount on convertible debt			206,324
Loss due to Impairment / Gain on restructuring			630,795
Changes in inventory and other current assets			(4,869)
Changes in accounts payable and accrued liabilities	1,221,132	1,139,080	9,442,345
Net cash used in operating activities		(80,000)	(467,598)
Cash Flows from Investing Activities:
Fixed asset / Other asset purchases			(189,541)
Net cash used in investing activities			(189,541)
Cash Flows from Financing Activities:
Net Proceeds from general financing		80,000	737,500
Net Proceeds (payments) from shareholder / officers			(113,947)
Proceeds from issuance of common stock			33,586
Net cash provided by financing activities		80,000	657,139
Net increase (decrease) in cash
Beginning of period - continuing operations
End of period - continuing operations
Cash paid for interest			24,295
Cash paid for income taxes

Note 1 - Organization and Busin

Note 1 - Organization and Business Operations	12 Months Ended
	Mar. 31, 2018
Notes
Note 1 - Organization and Business Operations	Note 1 - ORGANIZATION AND BUSINESS OPERATIONS The Company markets the MRU and SRU products and the PLX-3D technology. In 2009, the Company was planning to release the technology and its MRU and SRU products in San Francisco and other cities in the US with the help of the Gage Group and other parties. In 2009, the outside Manufacturer breached the manufacturing contract. In 2009 and in subsequent years, it was also discovered that the manufacturer and its affiliates had been conducting a technology transfer to other parties. Litigation is pending regarding these matters in Utah state court

Note 2 - Summary of Significant

Note 2 - Summary of Significant Accounting Policies	12 Months Ended
	Mar. 31, 2018
Notes
Note 2 - Summary of Significant Accounting Policies	Note 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation and Consolidation The accompanying unaudited consolidated condensed financial statements of Sector 10, Inc. (“Sector 10” or the “Company”), have been prepared in accordance with accounting principles generally accepted in the United States of America for interim financial information and with the instructions to Form 10-Q and required by Rule 10-01 of Regulation S-X. They do not include all of the information and footnotes required by accounting principles generally accepted in the United States of America for complete financial statements. In the opinion of management, all adjustments, consisting only of normal recurring adjustments, considered necessary for a fair presentation, have been included in the accompanying unaudited consolidated financial statements. Operating results for the periods presented are not necessarily indicative of the results that may be expected for the full year. Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect certain reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Cash and Cash Equivalents It is the Company’s policy to invest cash with financial institutions judged to be highly secure. For purposes of the statement of cash flow, the Company considers all highly liquid investments with a maturity of three months or less when purchased to be cash equivalents. Accounts Receivable The Company extends credit to its customers in the normal course of business. The Company reviews outstanding receivables, and provides for estimated losses through an allowance for doubtful accounts. In evaluating the level of established loss reserves, the Company makes judgments regarding its customers’ ability to make required payments, economic events and other factors. As the financial condition of these parties change, circumstances develop or additional information becomes available, adjustments to the allowance for doubtful accounts may be required. The Company has no sales and no receivables outstanding for the fiscal year ended March 31, 2018. Inventory Inventories are valued at the lower of cost and net realizable value. Cost is determined on a first-in, first-out basis. Due to pending litigation, there was no sales activity and no inventory on hand at the fiscal year ended March 31, 2018. Due to the impact of the extended litigation, the inventory has been recorded at no value as of March 31, 2018. Therefore, for the fiscal year ended March 31, 2018, all inventory and the related reserve was $0. Property and Equipment and Depreciation Property and equipment are carried at historical cost less accumulated depreciation. The cost of maintenance and repairs is charged to income as incurred, whereas significant renewals and betterments are capitalized. The cost and the related accumulated depreciation of assets sold or otherwise retired are eliminated from the accounts and any gain or loss is included in the statement of income. The Company provides for depreciation of property and equipment principally by use of the straight-line method for financial reporting purposes. Depreciation begins in the month that depreciable assets are placed in service. The only assets currently placed in service are computers and furniture and equipment. Computers and depreciable equipment are estimated to have a useful life of 5 years. Depreciation is computed based on a straight line basis over the estimated useful life. All property and equipment is fully depreciated at the end of the fiscal year end. Notes Payable The Company received funding from outside investors. The Company is currently in litigation and any additional funding (if any) will be used for legal fees. No additional operational funding is expected until at least during the fiscal year ended March 31, 2019. Contingencies We account for loss contingencies in accordance with ASC 450, "Accounting for Contingencies." Accordingly, when management determines that it is probable that an asset has been impaired or a liability has been incurred, we accrue our best estimate of the loss if it can be reasonably estimated. Our legal costs related to litigation are expensed as incurred. Income Tax Deferred taxes are provided on a liability method whereby deferred tax assets are recognized for deductible temporary differences and operating loss, tax credit carryforwards and deferred tax liabilities are recognized for taxable temporary differences. Temporary differences are the differences between the reported amounts of assets and liabilities and their tax basis. Deferred tax assets are reduced by a valuation allowance when, in the opinion of management, it is more likely than not that some portion or all of the deferred tax assets will not be realized. Deferred tax assets and liabilities are adjusted for the effects of changes in the tax laws and rates on the date of enactment. Loss Per Share In accordance with ASC 280, "Earnings Per Share," we report basic loss per common share, which excludes the effect of potentially dilutive securities, and diluted loss per common share, which includes the effect of all potentially dilutive securities unless their impact is anti-dilutive. Share-Based Compensation We may, from time to time, issue common stock, stock options or common stock warrants to acquire services or goods from non-employees. Common stock, stock options and common stock warrants issued to persons other than employees or directors are recorded on the basis of their fair value. Long Lived Assets The Company maintains a Long Lived Asset which is reviewed regularly for impairment. In its review for impairment, the Company prepares estimates of future cash flows to assist in the determination of the asset’s recoverability. If there is an issue regarding recoverability, an independent valuation will be obtained to determine any required adjustment for impairment The estimates used in determining for recoverability are updated by the Company on a regular basis to provide guidance for management’s quarterly and annual reporting. Revenue Recognition The Company had no sales activity during the current fiscal year ended March 31, 2018. The Company records sales of its products based upon the terms of the contract; when title passes to its customers; and, when collectability is reasonably assured. Impact of Recent Accounting Pronouncements Sector 10 does not expect the adoption of any recently issued accounting pronouncements to have a material impact on its financial condition or results of operations.

Note 3 - Inventory

Note 3 - Inventory	12 Months Ended
	Mar. 31, 2018
Notes
Note 3 - Inventory	Note 3 – INVENTORY There were no sales in the year ended March 31, 2018. The inventory reflected on the books was $0 ~ for the fiscal year ended March 31. 2018.

Note 4 - Notes Payable

Note 4 - Notes Payable	12 Months Ended
	Mar. 31, 2018
Notes
Note 4 - Notes Payable	Note 4 – NOTES PAYABLE Johnson Financing Total interest accrued as of March 31, 2018 was $61,686 of which $10,394 was accrued during the fiscal year ended March 31, 2018. Dutro Financing: The contingent reserve - interest includes all interest accrued on the Dutro Company note and all interest accrued after July 1, 2010 for the Vicki Davis and William Dutro note. Interest accrued during the was $36,225 comprised of Dutro Company - $18,750 , Vick Davis - $12,600 and William Dutro - $4,875 . Total contingent reserve - interest for the period ended March 31, 2018 is $297,629 comprised of Dutro Company - $162,198, Vick Davis - $97,650 and William Dutro - $37,781 . Employee Agreement: The financial statements reflect an accrual of interest on unpaid wages and other compensation in the amount of $1,488,578 of which $355,218 is accrued during the . Other Notes Individuals – short term An additional individual short term note of $30,000 was issued in July 2016 to pay for legal fees. Another individual short term note of $50,000 was issued in December 2016 to pay for legal fees. Both new notes accrue interest at an annual rate of 8%. Total interest accrued as of March 31, 2018 was $66,729 of which $13,520 was accrued during the fiscal year ended March 31, 2018. The current period interest is included as part of other notes interest. Asher Enterprises, Inc. The Company entered into multiple financing transactions with Asher Enterprises, Inc. to raise capital for Company operations. Each transaction was structured as a Convertible Debenture due 9 months after the issue accruing interest at an annual rate of 8%. Total interest accrued (without discount amortization) as of March 31, 2018 was $42,102 of which $5,200 was accrued during the fiscal year ended March 31, 2018. The current period interest is included as part of other notes interest. Summary of Interest and Notes Payable Interest expense March 31, 2018 March 31, 2017 Interest – Johnson 10,394 10,394 Interest – Dutro Group 36,225 36,225 Interest - Employee Group 355,218 302,418 Interest – Other Notes 18,720 15,254 Total interest expense $ 420,557 $ 364,291 Note Payable Balance March 31, 2018 March 31, 2017 Edward Johnson – Johnson Financing $ 86,615 $ 86,615 Various Individuals – Other Notes 169,000 169,000 Asher Enterprises, Inc. – Other Notes 65,000 65,000 Vicki Davis - Dutro Group 168,000 168,000 William Dutro – Dutro Group 65,000 65,000 Dutro Company – Dutro Group 250,000 250,000 Total Note Payable – short term $ 803,615 $ 803,615 Total Note Payable – long term - $ - Total Notes Payable $ 803,615 $ 723,615 Debt Maturity Schedule As of March 31, 2018 the annual maturities for notes payable are scheduled as follows: Fiscal Year Amount March 31, 2018 803,615 March 31, 2019 - March 31, 2020 - Total $ 803,615 All interest is due under the terms of the various agreements. However future interest payments will not be made until all pending litigation is resolved and a satisfactory revised payment arrangement is completed by all parties.

Note 5 - Equity

Note 5 - Equity	12 Months Ended
	Mar. 31, 2018
Notes
Note 5 - Equity	Note 5 – EQUITY During the Fiscal Year ended: March 31, 2017: No equity transactions occurred in the period ended March 31, 2017 During the Fiscal Year ended: March 31, 2018: No equity transactions occurred in the period ended March 31, 2018

Note 6 - Going Concern

Note 6 - Going Concern	12 Months Ended
	Mar. 31, 2018
Notes
Note 6 - Going Concern	Note 6 – GOING CONCERN The Company generated minimal revenues prior to the current fiscal year. No revenues were generated for the fiscal year ended March 31, 2018. This level of revenues is not sufficient for the Company to meet its future obligations. This factor raises substantial doubt about the Company’s ability to continue as a going concern. The Company is in the midst of the Dutro litigation and other litigation. The litigation has hindered the operation of the Company and have set back the ability to raise capital and develop ongoing business in order to continue forward as a going concern. It is expected that litigation will continue to hinder the ability to continue as a going concern through the end of the fiscal year ended March 31, 2019.

Note 7 - Income Tax

Note 7 - Income Tax	12 Months Ended
	Mar. 31, 2018
Notes
Note 7 - Income Tax	Note 7 - INCOME TAX Income taxes are accounted for using the asset and liability method. Deferred taxes are provided on a liability method whereby deferred tax assets are recognized for deductible temporary differences and operating loss and tax credit carryforwards and deferred tax liabilities are recognized for taxable temporary differences. Temporary differences are the differences between the reported amounts of assets and liabilities and their tax bases. Deferred tax assets are reduced by a valuation allowance when, in the opinion of management, it is more likely than not that some portion or all of the deferred tax assets will not be realized. Deferred tax assets and liabilities are adjusted for the effects of changes in tax laws and rates on the date of enactment. Net deferred tax assets /liabilities consist of the following components as of March 31, 2018 and 2017: March 31, 2018 March 31, 2017 Deferred tax assets: NOL Carryover $ 433,761 $ 464,961 Related Party Accruals 2,454,304 2,054,159 Accrued Expenses 1,027,866 951,769 Deferred tax liabilities Depreciation - - Valuation allowance (3,915,931) (3,470,889) Net deferred tax asset $ - $ - The income tax provision differs from the amount of income tax determined by applying the U.S. federal and state income tax rate to pretax income from continuing operations for the years ended March 31, 2018 and 2017 due to the following: March 31, 2018 March 31, 2017 Book Income $ (476,241) $ (475,441) Depreciation 0 0 Meals & Entertainment 0 0 Stock for Services & Finance 0 0 Related Party Accruals 400,145 351,178 Accrued Expenses 76,097 93,063 Impairment Loss 0 0 Valuation Allowance (1) 31,200 $ - $ - At March 31, 2018, the Company had net operating loss carryforwards of approximately $1,192,200 that may be offset against future taxable income from the year 2019 through 2039. No tax benefit has been reported in the March 31, 2018 financial statements since the potential tax benefit is offset by a valuation allowance of the same amount. Net operating loss carryforwards for Federal income tax reporting purposes are subject to annual limitations. Should a change in ownership occur, net operating loss carryforwards may be limited as to use in future years. The Financial Accounting Standards Board ("FASB") has issued ASC 740 for Accounting for Income Taxes that clarifies the accounting for uncertainty in income taxes recognized in an enterprise's financial statements. ASC 740 requires a company to determine whether it is more likely than not that a tax position will be sustained upon examination based upon the technical merits of the position. If the more-likely-than-not threshold is met, a company must measure the tax position to determine the amount to recognize in the financial statements. As a result of the implementation of ASC 740, the Company performed a review of its material tax positions in accordance with recognition and measurement standards established by ASC 740. The Company had no unrecognized tax benefit which would affect the effective tax rate if recognized. The Company includes interest and penalties arising from the underpayment of income taxes in the consolidated statements of operations in the provision for income taxes. As of March 31, 2018 the Company had no accrued interest or penalties related to uncertain tax positions. The Company files income tax returns in the U.S. federal jurisdiction and in the states of Delaware, Utah and any other jurisdiction where required. With few exceptions, the Company is no longer subject to U.S. federal, state and local, or non-U.S. income tax examinations by tax authorities for years before 2015.

Note 8 - Fair Value Disclosures

Note 8 - Fair Value Disclosures	12 Months Ended
	Mar. 31, 2018
Notes
Note 8 - Fair Value Disclosures	NOTE 8 – FAIR VALUE OF FINANCIAL INSTRUMENTS The Company’s financial instruments consist of cash and cash equivalents, payables, and notes payable. The carrying amount of cash and cash equivalents and payables approximates fair value because of the short-term nature of these items. The carrying amount of the notes payable approximates fair value as the individual borrowings bear interest at rates that approximate market interest rates for similar debt instruments.

Note 9 - Subsequent Events

Note 9 - Subsequent Events	12 Months Ended
	Mar. 31, 2018
Notes
Note 9 - Subsequent Events	Note 9 – SUBSEQUENT EVENTS The Company has evaluated subsequent events per the requirements of ASC Topic 855 and has determined that the following events should be disclosed. 1) Litigation involving Dutro Company, Reality Engineering, William Dutro, Vicki Davis, Lee Allen, Valley Inception, LLC, Incisive Software Corporation and Promixex Corporation continues and is expected to continue for the foreseeable future. The Court has scheduled a hearing for August 22, 2018 to determine if the case will proceed with further discovery and trial . Company Counsel is preparing for dependent depositions. The Company expects a trial date is expected to be set before the end of the fiscal year ended March 31, 2019. 2) The impact of the issues surrounding the litigation impact the Company’s ability to obtain funding needed to operate the Company according to their strategic plans. 3) Federal and State authorities have and will continue to be updated on the litigation issues and proceedings.

Note 2 - Summary of Significa16

Note 2 - Summary of Significant Accounting Policies: Basis of Presentation and Consolidation (Policies)	12 Months Ended
	Mar. 31, 2018
Policies
Basis of Presentation and Consolidation	Basis of Presentation and Consolidation The accompanying unaudited consolidated condensed financial statements of Sector 10, Inc. (“Sector 10” or the “Company”), have been prepared in accordance with accounting principles generally accepted in the United States of America for interim financial information and with the instructions to Form 10-Q and required by Rule 10-01 of Regulation S-X. They do not include all of the information and footnotes required by accounting principles generally accepted in the United States of America for complete financial statements. In the opinion of management, all adjustments, consisting only of normal recurring adjustments, considered necessary for a fair presentation, have been included in the accompanying unaudited consolidated financial statements. Operating results for the periods presented are not necessarily indicative of the results that may be expected for the full year.

Note 2 - Summary of Significa17

Note 2 - Summary of Significant Accounting Policies: Estimates (Policies)	12 Months Ended
	Mar. 31, 2018
Policies
Estimates	Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect certain reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.

Note 2 - Summary of Significa18

Note 2 - Summary of Significant Accounting Policies: Cash and Cash Equivalents (Policies)	12 Months Ended
	Mar. 31, 2018
Policies
Cash and Cash Equivalents	Cash and Cash Equivalents It is the Company’s policy to invest cash with financial institutions judged to be highly secure. For purposes of the statement of cash flow, the Company considers all highly liquid investments with a maturity of three months or less when purchased to be cash equivalents.

Note 2 - Summary of Significa19

Note 2 - Summary of Significant Accounting Policies: Accounts Receivable (Policies)	12 Months Ended
	Mar. 31, 2018
Policies
Accounts Receivable	Accounts Receivable The Company extends credit to its customers in the normal course of business. The Company reviews outstanding receivables, and provides for estimated losses through an allowance for doubtful accounts. In evaluating the level of established loss reserves, the Company makes judgments regarding its customers’ ability to make required payments, economic events and other factors. As the financial condition of these parties change, circumstances develop or additional information becomes available, adjustments to the allowance for doubtful accounts may be required. The Company has no sales and no receivables outstanding for the fiscal year ended March 31, 2018.

Note 2 - Summary of Significa20

Note 2 - Summary of Significant Accounting Policies: Inventory (Policies)	12 Months Ended
	Mar. 31, 2018
Policies
Inventory	Inventory Inventories are valued at the lower of cost and net realizable value. Cost is determined on a first-in, first-out basis. Due to pending litigation, there was no sales activity and no inventory on hand at the fiscal year ended March 31, 2018. Due to the impact of the extended litigation, the inventory has been recorded at no value as of March 31, 2018. Therefore, for the fiscal year ended March 31, 2018, all inventory and the related reserve was $0.

Note 2 - Summary of Significa21

Note 2 - Summary of Significant Accounting Policies: Property and Equipment and Depreciation (Policies)	12 Months Ended
	Mar. 31, 2018
Policies
Property and Equipment and Depreciation	Property and Equipment and Depreciation Property and equipment are carried at historical cost less accumulated depreciation. The cost of maintenance and repairs is charged to income as incurred, whereas significant renewals and betterments are capitalized. The cost and the related accumulated depreciation of assets sold or otherwise retired are eliminated from the accounts and any gain or loss is included in the statement of income. The Company provides for depreciation of property and equipment principally by use of the straight-line method for financial reporting purposes. Depreciation begins in the month that depreciable assets are placed in service. The only assets currently placed in service are computers and furniture and equipment. Computers and depreciable equipment are estimated to have a useful life of 5 years. Depreciation is computed based on a straight line basis over the estimated useful life. All property and equipment is fully depreciated at the end of the fiscal year end.

Note 2 - Summary of Significa22

Note 2 - Summary of Significant Accounting Policies: Debt, Policy (Policies)	12 Months Ended
	Mar. 31, 2018
Policies
Debt, Policy	Notes Payable The Company received funding from outside investors. The Company is currently in litigation and any additional funding (if any) will be used for legal fees. No additional operational funding is expected until at least during the fiscal year ended March 31, 2019.

Note 2 - Summary of Significa23

Note 2 - Summary of Significant Accounting Policies: Contingencies (Policies)	12 Months Ended
	Mar. 31, 2018
Policies
Contingencies	Contingencies We account for loss contingencies in accordance with ASC 450, "Accounting for Contingencies." Accordingly, when management determines that it is probable that an asset has been impaired or a liability has been incurred, we accrue our best estimate of the loss if it can be reasonably estimated. Our legal costs related to litigation are expensed as incurred.

Note 2 - Summary of Significa24

Note 2 - Summary of Significant Accounting Policies: Income Tax (Policies)	12 Months Ended
	Mar. 31, 2018
Policies
Income Tax	Income Tax Deferred taxes are provided on a liability method whereby deferred tax assets are recognized for deductible temporary differences and operating loss, tax credit carryforwards and deferred tax liabilities are recognized for taxable temporary differences. Temporary differences are the differences between the reported amounts of assets and liabilities and their tax basis. Deferred tax assets are reduced by a valuation allowance when, in the opinion of management, it is more likely than not that some portion or all of the deferred tax assets will not be realized. Deferred tax assets and liabilities are adjusted for the effects of changes in the tax laws and rates on the date of enactment.

Note 2 - Summary of Significa25

Note 2 - Summary of Significant Accounting Policies: Loss Per Share (Policies)	12 Months Ended
	Mar. 31, 2018
Policies
Loss Per Share	Loss Per Share In accordance with ASC 280, "Earnings Per Share," we report basic loss per common share, which excludes the effect of potentially dilutive securities, and diluted loss per common share, which includes the effect of all potentially dilutive securities unless their impact is anti-dilutive.

Note 2 - Summary of Significa26

Note 2 - Summary of Significant Accounting Policies: Share-based Compensation (Policies)	12 Months Ended
	Mar. 31, 2018
Policies
Share-based Compensation	Share-Based Compensation We may, from time to time, issue common stock, stock options or common stock warrants to acquire services or goods from non-employees. Common stock, stock options and common stock warrants issued to persons other than employees or directors are recorded on the basis of their fair value.

Note 2 - Summary of Significa27

Note 2 - Summary of Significant Accounting Policies: Long Lived Assets (Policies)	12 Months Ended
	Mar. 31, 2018
Policies
Long Lived Assets	Long Lived Assets The Company maintains a Long Lived Asset which is reviewed regularly for impairment. In its review for impairment, the Company prepares estimates of future cash flows to assist in the determination of the asset’s recoverability. If there is an issue regarding recoverability, an independent valuation will be obtained to determine any required adjustment for impairment The estimates used in determining for recoverability are updated by the Company on a regular basis to provide guidance for management’s quarterly and annual reporting.

Note 2 - Summary of Significa28

Note 2 - Summary of Significant Accounting Policies: Revenue Recognition (Policies)	12 Months Ended
	Mar. 31, 2018
Policies
Revenue Recognition	Revenue Recognition The Company had no sales activity during the current fiscal year ended March 31, 2018. The Company records sales of its products based upon the terms of the contract; when title passes to its customers; and, when collectability is reasonably assured.

Note 2 - Summary of Significa29

Note 2 - Summary of Significant Accounting Policies: Impact of Recent Accounting Pronouncements (Policies)	12 Months Ended
	Mar. 31, 2018
Policies
Impact of Recent Accounting Pronouncements	Impact of Recent Accounting Pronouncements Sector 10 does not expect the adoption of any recently issued accounting pronouncements to have a material impact on its financial condition or results of operations.

Note 4 - Notes Payable_ Summary

Note 4 - Notes Payable: Summary of Interest and Notes Payable (Tables)	12 Months Ended
	Mar. 31, 2018
Tables/Schedules
Summary of Interest and Notes Payable	Summary of Interest and Notes Payable Interest expense March 31, 2018 March 31, 2017 Interest – Johnson 10,394 10,394 Interest – Dutro Group 36,225 36,225 Interest - Employee Group 355,218 302,418 Interest – Other Notes 18,720 15,254 Total interest expense $ 420,557 $ 364,291

Note 4 - Notes Payable_ Schedul

Note 4 - Notes Payable: Schedule Of Debt Table TextBlock (Tables)	12 Months Ended
	Mar. 31, 2018
Tables/Schedules
Schedule Of Debt Table TextBlock	Note Payable Balance March 31, 2018 March 31, 2017 Edward Johnson – Johnson Financing $ 86,615 $ 86,615 Various Individuals – Other Notes 169,000 169,000 Asher Enterprises, Inc. – Other Notes 65,000 65,000 Vicki Davis - Dutro Group 168,000 168,000 William Dutro – Dutro Group 65,000 65,000 Dutro Company – Dutro Group 250,000 250,000 Total Note Payable – short term $ 803,615 $ 803,615 Total Note Payable – long term - $ - Total Notes Payable $ 803,615 $ 723,615

Note 4 - Notes Payable_ Sched32

Note 4 - Notes Payable: Schedule of maturities of notes payable (Tables)	12 Months Ended
	Mar. 31, 2018
Tables/Schedules
Schedule of maturities of notes payable	Fiscal Year Amount March 31, 2018 803,615 March 31, 2019 - March 31, 2020 - Total $ 803,615

Note 7 - Income Tax_ Schedule o

Note 7 - Income Tax: Schedule of Deferred Tax Assets and Liabilities (Tables)	12 Months Ended
	Mar. 31, 2018
Tables/Schedules
Schedule of Deferred Tax Assets and Liabilities	March 31, 2018 March 31, 2017 Deferred tax assets: NOL Carryover $ 433,761 $ 464,961 Related Party Accruals 2,454,304 2,054,159 Accrued Expenses 1,027,866 951,769 Deferred tax liabilities Depreciation - - Valuation allowance (3,915,931) (3,470,889) Net deferred tax asset $ - $ -

Note 7 - Income Tax_ Schedule34

Note 7 - Income Tax: Schedule of Effective Income Tax Rate Reconciliation (Tables)	12 Months Ended
	Mar. 31, 2018
Tables/Schedules
Schedule of Effective Income Tax Rate Reconciliation	March 31, 2018 March 31, 2017 Book Income $ (476,241) $ (475,441) Depreciation 0 0 Meals & Entertainment 0 0 Stock for Services & Finance 0 0 Related Party Accruals 400,145 351,178 Accrued Expenses 76,097 93,063 Impairment Loss 0 0 Valuation Allowance (1) 31,200 $ - $ -

Note 2 - Summary of Significa35

Note 2 - Summary of Significant Accounting Policies: Inventory (Details)	Mar. 31, 2018USD ($)
Details
Inventory Valuation Reserves	$ 0

Note 3 - Inventory (Details)

Note 3 - Inventory (Details) - USD ($)	Mar. 31, 2018	Mar. 31, 2017
Details
Inventory, net

Note 4 - Notes Payable_ Johnson

Note 4 - Notes Payable: Johnson Financing (Details) - USD ($)	Mar. 31, 2018	Mar. 31, 2017
Details
Johnson Financing - Interest Accrued	$ 10,394	$ 61,686

Note 4 - Notes Payable_ Dutro F

Note 4 - Notes Payable: Dutro Financing (Details)	12 Months Ended
	Mar. 31, 2018USD ($)
Contingent Reserve Interest Accrued	$ 36,225
DutroCompanyDutroGroupMember
Contingent Reserve Interest Accrued	18,750
VickiDavisDutroGroupMember
Contingent Reserve Interest Accrued	12,600
WilliamDutroDutroGroupMember
Contingent Reserve Interest Accrued	4,875
Total Contingent Reserve -Interest	$ 37,781

Note 4 - Notes Payable_ Employe

Note 4 - Notes Payable: Employee Agreement (Details)	12 Months Ended
	Mar. 31, 2018USD ($)
Details
Accrual of interest on unpaid wages and other compensation	$ 355,218

Note 4 - Notes Payable_ Other N

Note 4 - Notes Payable: Other Notes (Details)	12 Months Ended
	Mar. 31, 2018USD ($)
Accrued Interest	$ 66,729
Individuals - short term
Debt Instrument, Increase, Accrued Interest	13,520
AsherEnterprisesIncOtherNotesMember
Accrued Interest	42,102
Debt Instrument, Increase, Accrued Interest	$ 5,200

Note 4 - Notes Payable_ Summa41

Note 4 - Notes Payable: Summary of Interest and Notes Payable (Details) - USD ($)	12 Months Ended		187 Months Ended
	Mar. 31, 2018	Mar. 31, 2017	Mar. 31, 2018
Interest expense	$ 420,557	$ 364,291	$ 2,254,128
EdwardJohnsonJohnsonFinancingMember
Interest expense	10,394	10,394
DutroCompanyDutroGroupMember
Interest expense	36,225	36,225
Employee Group
Interest expense	355,218	302,418
OtherMember
Interest expense	$ 18,720	$ 15,254

Note 4 - Notes Payable_ Sched42

Note 4 - Notes Payable: Schedule Of Debt Table TextBlock (Details) - USD ($)	Mar. 31, 2018	Mar. 31, 2017
Note payable - short term	$ 803,615	$ 803,615
Note payable
Notes Payable	803,615	723,615
EdwardJohnsonJohnsonFinancingMember
Note payable - short term	86,615	86,615
PatrickMadisonOtherNotesMember
Note payable - short term	169,000	169,000
AsherEnterprisesIncOtherNotesMember
Note payable - short term	65,000	65,000
VickiDavisDutroGroupMember
Note payable - short term	168,000	168,000
WilliamDutroDutroGroupMember
Note payable - short term	65,000	65,000
DutroCompanyDutroGroupMember
Note payable - short term	$ 250,000	$ 250,000

Note 4 - Notes Payable_ Sched43

Note 4 - Notes Payable: Schedule of maturities of notes payable (Details) - USD ($)	Mar. 31, 2018	Mar. 31, 2017
Details
Long-term Debt, Maturities, Repayments of Principal, Remainder of Fiscal Year	$ 803,615
Notes Payable	$ 803,615	$ 723,615

Note 7 - Income Tax_ Schedule44

Note 7 - Income Tax: Schedule of Deferred Tax Assets and Liabilities (Details) - USD ($)	Mar. 31, 2018	Mar. 31, 2017
Details
NOL Carryover	$ 433,761	$ 464,961
Related Party Accruals	2,454,304	2,054,159
Accrued Expenses	1,027,866	951,769
Deferred Tax Assets, Valuation Allowance	$ (3,915,931)	$ (3,470,889)

Note 7 - Income Tax_ Schedule45

Note 7 - Income Tax: Schedule of Effective Income Tax Rate Reconciliation (Details) - USD ($)	12 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Details
Book Income	$ (476,241)	$ (475,441)
Depreciation	0	0
Meals and Entertainment	$ 0	$ 0
Stock for Services and Finance	0.00%	0.00%
Related Party Accruals	$ 400,145	$ 351,178
Accrued Expenses	76,097	93,063
Impairment Loss	0	0
Valuation Allowance	$ (1)	$ 31,200

Note 7 - Income Tax (Details)

Note 7 - Income Tax (Details)	Mar. 31, 2018USD ($)
Details
Operating Loss Carryforwards	$ 1,192,200

Uncategorized Items - seci-2018

Label	Element	Value
Common Stock
Issued Shares	us-gaap_StockIssuedDuringPeriodValueNewIssues	$ 10
Issued Shares 3/31/2009	us-gaap_StockIssuedDuringPeriodValueShareBasedCompensation	20
Issued Shares 3/31/2010	fil_IssuedShares3312010	65
Recapitalization	us-gaap_RecapitalizationCosts	$ 6
Issued Shares 3/31/2009 - Shares	us-gaap_StockIssuedDuringPeriodSharesShareBasedCompensation	20,256
Recapitalization - Shares	fil_RecapitalizationShares	5,464
Issued Shares - Shares	us-gaap_StockIssuedDuringPeriodSharesNewIssues	10,000
Issued Shares 3/31/2010 - Shares	fil_IssuedShares3312010Shares	65,099
Additional Paid in Capital {1}
Issued Shares	us-gaap_StockIssuedDuringPeriodValueNewIssues	$ (1,414)
Issued Shares 3/31/2009	us-gaap_StockIssuedDuringPeriodValueShareBasedCompensation	1,702,735
Issued Shares 3/31/2010	fil_IssuedShares3312010	3,265,424
Recapitalization	us-gaap_RecapitalizationCosts	(703,166)
Gain on extinguishment of debt	us-gaap_GainsLossesOnExtinguishmentOfDebt	10,850
Deficit Accumulated During Development Stage
Net loss for the period 12/31/2002	fil_NetLossForThePeriod12312002	(3,586)
Net loss for the period 3/31/2009	fil_NetLossForThePeriod3312009	(532,775)
Net loss for the period 3/31/2008	fil_NetLossForThePeriod3312008	(123,946)
Net loss for the period 3/31/2010	fil_NetLossForThePeriod3312010	$ (4,587,632)