STATEMENTS OF OPERATIONS - USD ($)
|
12 Months Ended |
Mar. 31, 2016 |
Mar. 31, 2015 |
| REVENUES |
|
|
| Sales, related party |
$ 186,837
|
|
| Sales, other |
205,035
|
190
|
| Total sales |
391,872
|
190
|
| Cost of services |
199,068
|
|
| GROSS PROFIT |
192,804
|
190
|
| OPERATING EXPENSES |
|
|
| Advertisement and Promotion |
118,678
|
18,900
|
| General and Administrative |
625,302
|
1,687,903
|
| Research and development |
492,986
|
|
| Professional Fees |
539,861
|
88,580
|
| Amortization and Depreciation |
32,165
|
5,166
|
| TOTAL OPERATING EXPENSES |
1,808,992
|
1,800,549
|
| OPERATING LOSS |
(1,616,188)
|
(1,800,359)
|
| OTHER INCOME (EXPENSES) |
|
|
| Interest Expense |
(363,302)
|
(193,314)
|
| Interest expense related party |
(51,914)
|
|
| Loss on acquisition of assets from related party |
(1,044,817)
|
|
| Loss on investment in unconsolidated investee |
(150,000)
|
|
| Derivative expense |
(942,280)
|
(279,521)
|
| Loss on derivative liabilities |
|
(160,869)
|
| Gain (loss) on extinguishment of debt |
4,096
|
(714,711)
|
| Amortization of debt discount |
(1,186,654)
|
(166,568)
|
| Debt forgiveness |
|
(14,543)
|
| Financing Cost |
|
5,893
|
| TOTAL OTHER EXPENSES |
(3,734,871)
|
(1,523,633)
|
| NET LOSS |
$ (5,351,059)
|
$ (3,323,992)
|
| WEIGHTED AVERAGE SHARES OUTSTANDING Basic and diluted |
158,967
|
5,344
|
| Loss per share Basic and diluted |
$ (33.66)
|
$ (622.00)
|