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NOTES PAYABLE
6 Months Ended
Sep. 30, 2026
Notes Payable  
NOTES PAYABLE

NOTE 5 - NOTES PAYABLE

 

Notes Payable

 

The Company’s unsecured notes payable bore interest at 0% per annum and were due and payable on demand. The Company may from time to time borrow additional funds from these non-affiliated sources on similar terms, if available. The Company used these funds primarily for working capital purposes. These notes payable were made in the ordinary course of business. As of September 30, 2026 and March 31, 2026 the Company had $227,815 and $209,515 in outstanding notes payable, respectively.

 

The Company, during the six-month period ended September 30, 2026, received proceeds of $18,300 from one of its notes payable holders. No payments were made during the six-month period ended September 30, 2026. The Company, during the six-month period ended September 30, 2025, received proceeds of $13,355 and no payments were made to the note payable holders. The Company has no current plans on repaying the promissory notes payable and may seek to convert these notes payable into common stock of the Company or through some other means.