NOTE 5 – CONVERTIBLE NOTES PAYABLE

12 Months Ended

Mar. 31, 2023

Debt Disclosure [Abstract]

NOTE 5 – CONVERTIBLE NOTES PAYABLE

NOTE 5 – CONVERTIBLE NOTES PAYABLE

A summary of the Company’s convertible notes as of March 31, 2023, is presented below:

Note Holder	Date		Maturity Date	Interest			Balance March 31, 2022			Additions		Conversions			Balance March 31, 2023
EROP Enterprises (1)		9/9/2021	9/9/2022		8	%	$	25,000		$	—	$	(25,000	)	$	—
EROP Enterprises (1)		11/12/2021	11/12/2022		8	%	$	30,000		$	—	$	(30,000	)	$	—
EROP Enterprises (2)		1/12/2022	1/12/2023		8	%	$	77,783		$	—	$	(77,783	)	$	—
EROP Enterprises (2)		1/13/2022	1/13/2023		8	%	$	25,000		$	—	$	(25,000	)	$	—
Thirty 05, LLC (2)		1/25/2022	1/25/2024		8	%	$	5,000		$	—	$	—		$	5,000
EROP Enterprises (3)		3/4/2022	3/4/2023		8	%	$	20,000		$	—	$	(20,000	)	$	—
Thirty 05, LLC (3)		3/7/2022	3/7/2024		8	%	$	2,500		$	—	$	—		$	2,500
Thirty 05, LLC (3)		5/19/2022	5/19/2023		8	%	$	—		$	15,000	$	—		$	15,000
EROP Enterprises (3)		5/24/2022	5/24/2023		8	%		—			20,000		(20,000	)		—
EROP Enterprises (4)		11/14/2022	11/14/2023		8	%		—		$	10,000		—		$	10,000
EROP Enterprises (5)		12/15/2022	12/15/2023		8	%		—		$	51,444		—		$	51,444
EROP Enterprises (5)		12/29/2022	12/29/2023		8	%		—		$	25,000		—		$	25,000
EROP Enterprises (5)		2/13/2023	2/13/2024		8	%		—			10,000		—			10,000
EROP Enterprises (6)		3/28/2023	3/28/2024		8	%		—			20,000		—			20,000
			Total				$	185,283		$	151,444	$	(197,783	)	$	138,944
			Less Discount				$	(129,180	)						$	(91,100	)
			Total				$	56,103							$	47,844

On January 25, 2023, EROP Enterprises LLC, agreed to extend the convertible promissory notes dated January 25, 2022 and March 7, 2022 by one additional year.

Total accrued interest on the above Notes as of March 31, 2023 and 2022, is $3,889 and $4,780, respectively.

(1)	On notice, the Note holder has the right to convert all or a portion of the outstanding balance of the Note into common shares of the Company at a rate of the lesser of (i)$0.10 or 70% of the lowest closing bid price of the common stock in the 5 days prior to conversion.
(2)	On notice, the Note holder has the right to convert all or a portion of the outstanding balance of the Note into common shares of the Company at a rate of the lesser of (i)$0.04 or 70% of the lowest closing bid price of the common stock in the 5 days prior to conversion.
(3)	On notice, the Note holder has the right to convert all or a portion of the outstanding balance of the Note into common shares of the Company at a rate of the lesser of (i)$0.02 or 70% of the lowest closing bid price of the common stock in the 5 days prior to conversion.
(4)	On notice, the Note holder has the right to convert all or a portion of the outstanding balance of the Note into common shares of the Company at a rate of the lesser of (i)$0.015 or 80% of the lowest closing bid price of the common stock in the 5 days prior to conversion.
(5)	On notice, the Note holder has the right to convert all or a portion of the outstanding balance of the Note into common shares of the Company at a rate of the lesser of (i)$0.015 or 70% of the lowest closing bid price of the common stock in the 5 days prior to conversion.

(6) On notice, the Note holder has the right to convert all or a portion of the outstanding balance of the Note into common shares of the Company at a rate of the lesser of (i)$0.07 or 70% of the lowest closing bid price of the common stock in the 5 days prior to conversion.

A summary of the activity of the derivative liability for the notes above is as follows:

Balance at March 31, 2021	$	142,642
Increase to derivative due to new issuances		809,212
Decrease to derivative due to conversion/repayments		(339,324	)
Derivative gain due to mark to market adjustment		(455,023	)
Balance at March 31, 2022		157,507
Increase to derivative due to new issuances		284,436
Decrease to derivative due to conversion/repayments		(1,357,372	)
Derivative loss due to mark to market adjustment		1,003,598
Balance at March 31, 2023	$	88,169

A summary of quantitative information about significant unobservable inputs (Level 3 inputs) used in measuring the Company’s derivative liability that are categorized within Level 3 of the fair value hierarchy as of March 31, 2023 and 2022, is as follows:

Inputs	March 31, 2023			March 31, 2022
Stock price	$	0.051		$	0.0255
Conversion price	$	0.015 – 0.056		$	0.0172
Volatility (annual)		187.53% - 200.08	%		122.88% - 146.18	%
Risk-free rate		4.64 - 4.94			.44 - 1.63
Dividend rate		—			—
Years to maturity		.13 - .99			.44 - .93

A summary of quantitative information about significant unobservable inputs (Level 3 inputs) used in measuring the Company’s derivative liability that are categorized within Level 3 of the fair value hierarchy at the time of conversion is as follows:

Inputs	March 31, 2023			March 31, 2022
Stock price	$	0.01 – 0.0141		$	0.047 – 0.058
Conversion price	$	0.0106 – 0.0105		$	0.0291 – 0.0452
Volatility (annual)		140.81 – 196.26	%		91.3% – 141.8	%
Risk-free rate		1.15 – 4.72	%		.05 – .17	%
Dividend rate		—			—
Years to maturity		.25 – .45			.25 – 1

The development and determination of the unobservable inputs for Level 3 fair value measurements and fair value calculations are the responsibility of the Company’s management.