Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED BALANCE SHEETS

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CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2016
Mar. 31, 2016
CURRENT    
Cash and cash equivalents $ 89,663 $ 6,158
Prepaid expenses 4,000 0
Total current assets 93,663 6,158
Fixed assets    
Land 202,293 202,293
Buildings 1,328,161 1,328,161
Machinery and equipment 929,214 929,214
Autos and trucks 14,063 14,063
Furniture and fixtures 22,060 22,060
Accumulated depreciation (1,203,644) (1,161,144)
Fixed assets, net 1,292,147 1,334,647
Other assets    
Deposits 21,500 11,500
Total other assets 21,500 11,500
Total assets 1,407,310 1,352,305
Current liabilities    
Short-term note and Lines of credit 828,090 837,469
Accounts Payable 520,342 568,806
Accrued interest - related parties 427,481 320,822
Other accrued expenses 304,479 154,558
Notes payable - related parties 1,272,162 654,906
Notes payable in default - related party 2,305,953 2,305,953
TOTAL CURRENT LIABILITIES 5,658,507 4,842,514
TOTAL LIABILITIES 5,658,507 4,842,514
Commitments and contingencies (Note 11)
STOCKHOLDERS DEFICIT    
Common stock, $0.0001 par value, 300,000,000 shares authorized 89,482,583 and 89,399,012 shares issued and outstanding at September 30, 2016 and March 31, 2016, respectively 8,948 8,940
Additional Paid In Capital 25,377,685 25,342,943
Accumulated deficit (29,637,830) (28,842,092)
Total stockholders' deficit (4,251,197) (3,490,209)
Total liabilities and stockholders' deficit $ 1,407,310 $ 1,352,305