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SUBSEQUENT EVENTS
12 Months Ended
Mar. 31, 2022
Subsequent Events [Abstract]  
SUBSEQUENT EVENTS

NOTE 21 - SUBSEQUENT EVENTS

 

Construction Loan

 

As of June 24, 2022, subsequent to the year ended March 31, 2022, Hiawatha has made advances of Loan funds totaling approximately $5.8 million, including a $1.0 million cash collateral advance per the terms of the agreement.

 

Common Stock Issuances

 

Subsequent to March 31, 2022, we issued 65,000 shares of Common Stock to employees as compensation for a total value of $227,500 or $3.50 per share. We issued 99,762 shares of our Common Stock issued in accordance with the cashless exercise of a warrant for a total value of $496,043. Additionally, 62,500 shares of Common Stock were cancelled for a total value of $218,750.