General form of registration statement for all companies including face-amount certificate companies

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

v3.21.2
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
 6 Months Ended 12 Months Ended
Sep. 30, 2021
Mar. 31, 2021
REVISION OF PREVIOUSLY ISSUED FINANCIAL STATEMENTS    
Useful life property, plant and equipment

Buildings

39 years

Machinery and Equipment

7 - 10 years

Vehicles

10 years

Furniture and Fixtures

3 - 10 years

Buildings

39 years

Machinery and Equipment

7–10 years

Vehicles

10 years

Furniture and Fixtures

3–10 years
Schedule of Derivative liability  

 

 

2021 ($)

 

 

2020 ($)

 

Derivative liability balance at beginning of period

 

 

 176,000

 

 

 

 157,000

 

Reclass to equity upon conversion or redemption

 

 

 (205,000 )

 

 

 (8,000 )

Change in fair value

 

 

 29,000

 

 

 

 27,000

 

Balance at end of period

 

 

 -

 

 

 

 176,000

 
Schedule of Warrant liability  

 

 

2021 ($)

 

 

2020 ($)

 

Warrant liability balance at beginning of period

 

 

 90,000

 

 

 

 93,000

 

Reclass to equity upon cancellation or exercise

 

 

 (90,000 )

 

 

 -

 

Change in fair value

 

 

 -

 

 

 

 (3,000 )

Balance at end of period

 

 

 -

 

 

 

 90,000