12. Subsequent Events

12 Months Ended

Mar. 31, 2014

Subsequent Events

14. Subsequent Events

Note 12. Subsequent Events

 On various dates since the fiscal year end, the Company has reached full and complete settlements with employees, creditors and/or note holders.  These settlements include:

· Officer and employee payments of $827,000 settled for $36,500 cash plus common shares;

· Former subsidiary owners payments of $467,000 settled for $17,000 cash plus convertible preferred shares;

· Note holder payments of $357,000 settled for future cash payments of $135,000 plus convertible preferred shares.

In October, 2014, the Company issued 10,000,000 common shares for services.

In October, 2014, the Company issued 20,000,000 common shares to Fuselier Consulting in accordance with the terms of a consulting contract.  The stock was valued at $.0071 per share, its fair market value at the date of issuance

In November, 2014, the Company issued 13,500,000 common shares for services.  The stock was valued at $.0072 per share, its fair market value at the date of issuance

In November, 2014, the Company issued 8,278,265 common shares for accrued compensation to Officers of the Company.  The shares were valued using a volume weighted average price of $.017 per share

In January, 2015, the Company issued 35,219,711 common shares in satisfaction of convertible debt

In February, 2015, the Company issued 14,925,926 common shares in satisfaction of convertible debt

In February, 2015, the Company issued 875,000 common shares as part of a negotiated settlement on debt

In February, 2015, the Company issued 9,198,529 common shares for services.

In February, 2015, the Company issued 6,666,667 common shares in satisfaction of convertible debt

In February, 2015, the Company issued 7,163,128 common shares in satisfaction of convertible debt

In February, 2015, the Company issued 7,555,000 common shares in satisfaction of convertible debt

In March, 2015, the Company issued 12,646,271 common shares in satisfaction of convertible debt

In March, 2015, the Company issued 11,443,366 common shares in satisfaction of convertible debt

In March, 2015, the Company issued 16,134,167 common shares in satisfaction of convertible debt