Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Cash Flows

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Consolidated Statements of Cash Flows - USD ($)
3 Months Ended 6 Months Ended
Sep. 30, 2018
Sep. 30, 2018
Sep. 30, 2017
CASH FLOWS FROM OPERATING ACTIVITIES      
Net income (loss) $ (568,616) $ (1,035,479) $ (697,688)
Adjustments to reconcile net loss to net cash used by operating activities:      
Gain (loss) on extinguishment of debt (91,621) (91,621)  
Gain (loss) on extinguishment of debentures 43,829 43,829  
Gain (loss) on extinguishment of obligation   (17,500)  
Amortization of debt discount   594,621 156,406
Change in fair value of embedded derivative 2,000 120,000 54,000
Share based compensation for services   10,000 39,549
Changes in operating assets and liabilities:      
(Increase) decrease in accounts payable and accrued expenses   104,601 232,564
(Increase) decrease in accrued technology fee   (8,888) 17,688
(Increase) decrease in accrued debenture interest   36,954 21,153
Increase (decrease) in prepaid expenses     1,248
Net cash provided by (used in) operating activities   (352,899) (283,080)
CASH FLOWS FROM FINANCING ACTIVITIES      
Proceeds from issuance of convertible debentures     127,000
Proceeds from issuance of convertible debentures related party   265,000 175,000
Net cash provided by financing activities   265,000 302,000
Net increase (decrease) in cash   (87,899) 18,920
Cash, beginning of period   109,426 32,275
Cash, end of period $ 21,527 21,527 51,195
Schedule of non-cash financing activities      
Beneficial conversion feature - convertible debentures     35,000
Conversion of secured convertible debentures into common shares   388,302  
Issuance of shares for accounts payable   $ 70,000 $ 27,178