LIQUIDITY REQUIREMENTS AND GOING CONCERN	12 Months Ended
Mar. 31, 2023
Liquidity Requirements And Going Concern
LIQUIDITY REQUIREMENTS AND GOING CONCERN	(9) LIQUIDITY REQUIREMENTS AND GOING CONCERN Since the Company’s inception on January 31, 2013, its operations have been primarily financed through sales of equity, debt financing from related parties and the issuance of notes payable and convertible debentures. As of March 31, 2023, the Company had $533 of cash assets, compared to $267,966 as of March 31, 2022. As of March 31, 2023, the Company had access to draw an additional $4,411,892 on the notes payable, related party (see Note 8) and $3,000,000 on the Convertible Debenture Agreement (see Note 8). For the year ended March 31, 2023, the Company’s average monthly operating expenses were approximately $57,000, which includes salaries of our employees, consulting agreements and contract labor, general and administrative expenses and legal and accounting expenses. In addition to the monthly operating expenses, the Company continues to pursue other debt and equity financing opportunities, and as a result, financing expenses of $54,000 and $197,761 were incurred during the years ended March 31, 2023, and 2022, respectively. As management continues to explore additional financing alternatives, beginning April 1, 2023 the Company is expected to spend up to an additional $300,000 on these efforts. Outstanding Accounts Payable as of March 31, 2023 totaled $753,050. Management has concluded that its existing capital resources and availability under its existing convertible debentures and debt agreements with related parties will be sufficient to fund its operating working capital requirements for the 12 months from the issuance of the financial statements. Related parties have given assurance that their continued support, by way of either extensions of due dates, or increases in lines-of-credit, can be relied on. As mentioned above, the Company also continues to evaluate other debt and equity financing opportunities. The accompanying financial statements have been prepared on a going concern basis under which the Company is expected to be able to realize its assets and satisfy its liabilities in the normal course of business.

LIQUIDITY REQUIREMENTS AND GOING CONCERN

12 Months Ended

Mar. 31, 2023

Liquidity Requirements And Going Concern

LIQUIDITY REQUIREMENTS AND GOING CONCERN

(9) LIQUIDITY REQUIREMENTS AND GOING CONCERN

Since the Company’s inception on January 31, 2013, its operations have been primarily financed through sales of equity, debt financing from related parties and the issuance of notes payable and convertible debentures. As of March 31, 2023, the Company had $533 of cash assets, compared to $267,966 as of March 31, 2022. As of March 31, 2023, the Company had access to draw an additional $4,411,892 on the notes payable, related party (see Note 8) and $3,000,000 on the Convertible Debenture Agreement (see Note 8). For the year ended March 31, 2023, the Company’s average monthly operating expenses were approximately $57,000, which includes salaries of our employees, consulting agreements and contract labor, general and administrative expenses and legal and accounting expenses. In addition to the monthly operating expenses, the Company continues to pursue other debt and equity financing opportunities, and as a result, financing expenses of $54,000 and $197,761 were incurred during the years ended March 31, 2023, and 2022, respectively. As management continues to explore additional financing alternatives, beginning April 1, 2023 the Company is expected to spend up to an additional $300,000 on these efforts. Outstanding Accounts Payable as of March 31, 2023 totaled $753,050. Management has concluded that its existing capital resources and availability under its existing convertible debentures and debt agreements with related parties will be sufficient to fund its operating working capital requirements for the 12 months from the issuance of the financial statements. Related parties have given assurance that their continued support, by way of either extensions of due dates, or increases in lines-of-credit, can be relied on. As mentioned above, the Company also continues to evaluate other debt and equity financing opportunities.

The accompanying financial statements have been prepared on a going concern basis under which the Company is expected to be able to realize its assets and satisfy its liabilities in the normal course of business.