RELATED PARTY TRANSACTIONS

12 Months Ended

Mar. 31, 2024

Related Party Transactions [Abstract]

RELATED PARTY TRANSACTIONS

NOTE 13 – RELATED PARTY TRANSACTIONS

Parties are considered to be related if one party has the ability to control or exercise significant influence over the other party in making financial and operating decisions. Transactions with related parties have been disclosed in debt, acquisition and officer’s compensation notes.

June 5, 2023- Total amount of principal and interest converted $165,000 at an applicable avg closing price of $0.0378, discounted after 25% reduction from avg $0.0283, the number of shares to be issued pursuant to the conversion of the note 5,820,106.

June 12, 2023- Total amount of principal and interest converted $220,000 at an applicable avg 10 closing prices of $0.04, discounted after 25% reduction from average $0.029, the number of common stock issued pursuant to the conversion 7,586,207.

Officer compensation totaling $3,611,594 was incurred during the year, paid to Point 96 Consultant owned by Giorgio R. Saumat and Tabraue Consulting, owned by Mario Tabraue.

Additionally, the Company reimbursed Point 96 Consultant for marketing and SG&A in the amount of $428,000.