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DERIVATIVE LIABILITY AND EXPENSE (Tables)
12 Months Ended
Mar. 31, 2022
Derivative Liability And Expense  
SCHEDULE OF DERIVATIVE LIABILITY ASSUMPTIONS

The Company used the following assumptions for determining the fair value of the conversion feature in the RDCN referenced in Note 8 to these financial statements, under the binomial pricing model with Monte Carlo simulations at June 15, 2020, September 30, 2020 and October 26, 2020, the issuance, balance sheet, and conversion dates, respectively:

 

   June 15, 2020   September 30, 2020   October 26, 2020 
Stock price on valuation date  $1.68   $1.60   $6.56 
Conversion price  $1.12   $1.12   $1.12 
Days to maturity   273    166    140 
Weighted-average volatility*   367%   327%   197%
Risk-free rate   .18%   .12%   .11%