5. Convertible Notes Payable (Tables)

9 Months Ended

Dec. 31, 2017

Debt Disclosure [Abstract]

Convertible notes payable

Convertible Notes Payable, Net consisted of the following at December 31, 2017:

	Principal		Unamortized Discount			Net Amount		Accrued Interest
Convertible Notes Payable, Net – Non-Current Portion:
November 2014 10% Convertible Notes	$	612,811	$	(112,194	)	$	500,617	$	19,066
December 2016 10% Convertible Notes		379,780		(69,531	)		310,249		11,820
Total Convertible Notes Payable, Net	$	992,591	$	(181,725	)	$	810,866	$	30,886

Convertible Notes Payable, Net consisted of the following at March 31, 2017 (our most recent fiscal year end):

	Principal		Unamortized Discount			Net Amount		Accrued Interest
Convertible Notes Payable, Net – Non-Current Portion:
November 2014 10% Convertible Notes	$	612,811	$	(275,363	)	$	337,448	$	2,555
December 2016 10% Convertible Notes		680,400		(498,648	)		181,752		2,836
Total Convertible Notes Payable, Net	$	1,293,211	$	(774,011	)	$	519,200	$	5,391

Changes to principal balance of Convertible Note

The following table shows the changes to the principal balance of the November 2014 10% Convertible Notes:

Activity in the November 2014 10% Convertible Notes
Initial principal balance	$	527,780
Increase in principal balance under the second amendment (see above)		165,031
Conversions during the fiscal year ended March 31, 2017		(80,000	)
Balance as of December 31, 2017	$	612,811

The following table shows the changes to the principal balance of the December 2016 10% Convertible Notes:

Activity in the December 2016 10% Convertible Notes
Initial principal balance	$	680,400
Conversions during the nine months ended December 31, 2017		(300,620	)
Balance as of December 31, 2017	$	379,780