XML 70 R48.htm IDEA: XBRL DOCUMENT v3.20.2
Convertible Promissory Notes (Details Narrative)
12 Months Ended
Jan. 30, 2020
USD ($)
$ / shares
Jan. 15, 2020
USD ($)
$ / shares
Jun. 05, 2019
USD ($)
$ / shares
shares
Mar. 29, 2019
USD ($)
shares
Feb. 28, 2019
$ / shares
Jan. 09, 2019
USD ($)
$ / shares
Mar. 31, 2020
USD ($)
$ / shares
shares
Mar. 31, 2019
USD ($)
$ / shares
shares
Debt issuance percentage 8.00%              
Convertible promissory note principal amount               $ 300,000
Note issuance costs               24,144
Debt instrument maturity date description Mature on October 15, 2020 and October 30, 2020.              
Conversion price per share | $ / shares     $ 2.50          
Gross proceeds from convertible debt             $ 2,171,000 1,534,000
Conversion rate 0.667              
Convertible promissory notes     $ 300,000 $ 1,410,000        
Accrued interest payable     $ 18,226 $ 52,065     $ 352,157 $ 22,196
Debt instrument conversion shares | shares     127,291 731,039        
Number of warrants outstanding | shares       365,523    
Unamortized note issuance costs               $ 24,144
Common stock, par value | $ / shares             $ 0.001 $ 0.001
Debt instrument, description If a Qualified Financing has not occurred on or before the Maturity Date, the Notes shall become convertible into shares of the Company's Common Stock at a conversion price that is equal to 50.0% of the arithmetic mean of the VWAP in the ten consecutive Trading Days immediately preceding the Maturity Date.           The note bears interest per annum at approximately 4.6% payable in arrears monthly.  
Debt instrument effective interest percentage 15.00%              
Subscription Agreements [Member]                
Conversion rate 0.50              
Paulson Investment Company [Member]                
Interest expense debt       $ 358,800        
Debt instrument conversion debt amount     $ 9,000 $ 42,300        
Debt instrument conversion rate     3.00% 3.00%        
Unamortized note issuance costs       $ 118,351        
Joseph Gunnar & Co [Member]                
Gross proceeds from convertible debt $ 200,000              
Conversion rate 1.25              
Warrant terms 5 years              
Common stock percentage 5.00%              
Holders [Member]                
Conversion price per share | $ / shares         $ 2.00      
Warrant exercise price | $ / shares         $ 2.40      
Conversion, description         Conversion price of $2.00 per share and receive one-half warrant exercisable at $2.40 per share for five years in conjunction with each converted share      
Qualified Financing [Member]                
Debt instrument maturity date description           The Maturity Date of the notes is the two year anniversary from the date of issuance.    
Conversion price per share | $ / shares           $ 2.50    
Gross proceeds from convertible debt           $ 10,000,000    
Qualified Financing [Member] | Common Shares [Member]                
Conversion price per share | $ / shares           $ 2.50    
Conversion rate           1.00    
Convertible Promissory Notes [Member]                
Interest expense debt               $ 65,291
Accredited Investors [Member]                
Debt issuance percentage           10.00%    
Convertible promissory note principal amount           $ 1,710,000    
Note issuance costs           176,000    
Accredited Investors [Member] | Commission Fees [Member]                
Debt instrument fee amount           171,000    
Accredited Investors [Member] | Escrow Fees [Member]                
Debt instrument fee amount           $ 5,000    
Five Accredited Investors [Member]                
Gross proceeds from convertible debt $ 850,000 $ 1,650,000            
Warrant terms 5 years 5 years            
Common stock, par value | $ / shares $ 0.001 $ 0.001