Subsequent Events

9 Months Ended

Dec. 31, 2020

Subsequent Events [Abstract]

Subsequent Events

NOTE 14 – SUBSEQUENT EVENTS

From January 1, 2021 to February 5, 2021, the Company issued shares of its Common Stock for the exercise of warrants. There were 4,194,623 shares of Common Stock issued for warrants exercised at per share prices ranging from $2.00 to $2.40 for an aggregate value of $9,014,006. Additionally, there were 543,589 shares of Common Stock issued pursuant to cashless exercises of 974,076 warrants with exercise prices ranging from $1.65 to $2.00.

On January 1, 2021, The Company issued 70,000 shares of Common Stock to employees as compensation for a total value of $122,500 or $1.75 per share. Subsequent to December 31, 2020, the Company issued 881,250 shares of Common Stock for services at per share prices ranging from $1.75 to $2.00 for a total value of $1,612,500.

On February 4, 2020, the Company entered into a Settlement Agreement and Release with a third party. Per the terms of the agreement, the Company issued 150,000 warrants with an exercise price of $6.72 and paid $125,000. The agreement releases both the Company and the third party from all claims or disputes that have arisen surrounding previous agreements.