v3.22.2.2
Notes Payable (Tables)
6 Months Ended
Sep. 30, 2022
Debt Disclosure [Abstract]  
Schedule of Fair Value of the Warrants

 

   June 24, 2022 
Market price of common stock on date of issuance  $0.30 
Risk-free interest rate   0.48%
Expected dividend yield   0 
Expected term (in years)   3 
Expected volatility   199.6%
Schedule of Nonconvertible Notes Related Party

Interest Rate   Issuance Date  Maturity 

September 30,

2022

 
            
 4.00%  12/31/2018  12/31/2023   55,250 
 4.00%  12/31/2018  12/31/2022   66,900 
 4.00%  12/31/2018  12/31/2023   74,220 
 4.00%  9/30/2019  9/29/2023   314,000 
 4.00%  9/17/2019  9/16/2023   81,500 
 4.00%  9/30/2019  9/29/2023   12,450 
 1.00%  12/31/2020  12/30/2022   254,382 
 1.00%  12/31/2020  12/30/2022   235,600 
 1.00%  12/31/2020  12/30/2022   83,785 
 4.00%  12/31/2020  12/31/2022   53,100 
 4.00%  12/31/2020  12/31/2022   13,468 
 12.00%  1/10/22  5/10/2023   750,000 
            1,994,655 
Schedule of Nonconvertible Notes Non Related

Interest Rate   Default Rate   Issuance Date  Maturity 

September

30, 2022

 
 14%   N/A   8/1/18  1/31/22  $500,000 
 14.2%   25%  9/18/19  9/18/23  $23,347 
 14.2%   25%  10/9/19  10/9/23  $37,037 
 14%   Additional 2%  10/30/19  10/29/21  $229,500 
 14%   Additional 2%  12/31/19  12/31/20  $102,000 
 14%   N/A   2/5/20  2/5/21  $50,000 
 20%   Additional 2%  2/25/20  2/25/2023  $220,000 
 20%   Additional 2%  2/28/20  6/30/22  $104,000 
 14.2%   25%  3/10/20  3/10/24  $90,654 
 20%   Additional 2%  4/24/20  4/23/21  $20,000 
 30%   Additional 2%  10/29/20  2/28/21  $25,500 
 12%   Additional 2%  10/30/20  11/1/21  $25,500 
 12%   Additional 2%  10/30/20  11/1/21  $25,500 
 20%   N/A%  2/2/21  5/31/22  $45,000 
 15%   N/A%  4/1/21  3/31/24  $38,880 
 10%   N/A%  4/1/21  3/31/22  $100,000 
 N/A%    N/A%  8/11/21  12/31/21  $322,219 
                $1,959,137 
Schedule of Convertible Notes

Interest Rate   Conversion Rate  Issuance Date  Maturity   September 30,
2022
 
 12%  $1.80   5/5/19   1/26/21   $102,000 
 12%  $1.80   7/10/19   7/9/21   $153,000 
 12%  $1.80   2/12/20   2/11/21   $102,000 
 8%  $0.22   3/9/21   3/8/22   $100,000 
 2%  $0.30   6/16/21   3/31/22   $250,000 
 10%  $0.30   6/22/21   6/21/22   $50,000 
 10%  $7.50   8/30/21   8/29/22   $150,000 
 10%  $7.50   8/31/21   8/30/22   $75,000 
 10%  $*   8/31/21   8/30/22   $50,000 
 10%  $*   9/15/21   9/14/22   $20,000 
 10%  $*   9/20/21   9/19/22   $10,000 
 10%  $*   9/22/21   9/21/22   $10,000 
 10%  $*   10/13/21   10/12/22   $50,000 
 10%  $7.50   10/18/21   10/17/22   $25,000 
 10%  $7.50   10/20/21   10/19/22   $20,000 
 10%  $*   10/28/21   10/27/22   $20,000 
 10%  $*   12/27/21   12/26/22   $20,000 
 10%  $*   2/11/22   2/10/23   $10,000 
 10%  $*   2/22/22   2/21/23   $5,000 
 8%  $*   5/05/22   11/5/23   $70,000 
 8%  $*   5/17/22   5/11/23   $55,000 
 8%  $*   5/31/22   5/30/23   $33,750 
 10%  $*   8/31/22   8/30/23   $25,000 
 10%  $*   9/15/22   9/14/23   $25,000 
 adjustment                $7,443 
                  $1,438,193 

 

  * Upon commencement by the Company of a Qualified Financing, all of the outstanding principal and interest shall convert into that number of shares of New Round Stock, based upon a conversion price equal to the actual price per share of New Round Stock in the Qualified Financing. If not converted prior to the twelve-month anniversary of the issuance of the Notes, the Notes will be payable upon demand. Prepayment is not permitted prior to a payoff event.