v3.21.2
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Jun. 30, 2021
Mar. 31, 2021
Current assets    
Cash $ 5,972,617 $ 155,795
Prepaid expenses 578,839 655,339
Total current assets 6,551,456 811,134
Fixed assets 12,342,347 12,236,557
Other assets    
Construction-in-process 2,622,870 1,873,219
Patents 6,951,000 0
Right of Use asset 0 275,400
Deposits 20,633 20,633
Total other assets 9,594,503 2,169,252
Total assets 28,488,306 15,216,943
Current liabilities    
Accounts payable 656,150 963,289
Accrued interest 73,350 73,350
Accrued interest - related parties 187,520 187,520
Other accrued expenses 568,532 602,368
Short-term Promissory Note and Lines of credit 20,833 573,621
Bank loan 8,725 8,725
PPP loan 0 103,200
Convertible debentures 0 483,637
Notes payable 96,000 96,000
Notes payable - related parties 495,412 1,151,162
Dividends payable 0 182,639
Total current liabilities 2,106,522 4,425,511
Bank loans, less current maturities 204,085 206,127
Note payables 5,000,000 5,000,000
Note payable, less current maturities 191,604 215,604
Lease Liability 0 275,400
Total liabilities 7,502,211 10,122,642
Stockholders' deficit    
Common stock, $0.0001 par value, 900,000,000 shares authorized, 603,019,728 and 560,745,180 shares issued and 602,644,728 and 560,745,180 shares outstanding at June 30, 2021 and March 31, 2021, respectively 60,266 56,075
Additional paid in capital 74,585,336 56,649,491
Stock Payable 7,160,900 136,000
Accumulated deficit (62,856,334) (53,683,268)
Total stockholders' deficit attributable to NaturalShrimp Incorporated shareholders 18,950,668 3,158,798
Non-controlling interest in NAS 0 (87,830)
Total stockholders' deficit 18,950,668 3,070,968
Total liabilities mezzanine and stockholders' deficit 28,488,306 15,216,943
Series E Redeemable Convertible Preferred stock [Member]    
Stockholders' deficit    
Preferred Stock Value 2,035,427 0
Series D Redeemable Convertible Preferred stock [Member]    
Stockholders' deficit    
Preferred Stock Value 0 2,023,333
Series A Preferred Stock [Member]    
Stockholders' deficit    
Preferred Stock Value 500 500
Series B Preferred Stock [Member]    
Stockholders' deficit    
Preferred Stock Value $ 0 $ 0

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