Annual report pursuant to Section 13 and 15(d)

2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

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2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
 12 Months Ended
Mar. 31, 2019
Accounting Policies [Abstract]  
Level 3 liabilities

Derivatives

 

    2019     2018  
Derivative liability balance at beginning of period   $ 3,455,000     $ 218,000  
Additions to derivative liability for new debt     2,090,000       2,213,000  
Reclass to equity upon conversion or redemption     (4,068,500 )     (576,000 )
Change in fair value     (1,319,500 )     1,600,000  
Balance at end of period   $ 157,000     $ 3,455,000  

 

Warrant liability

 

    2019     2018  
Warrant liability balance at beginning of period   $ 277,000     $ 28,000  
Additions to warrant liability for new warrants     -       493,000  
Reclass to equity upon exercise     (231,000 )     -  
Change in fair value     47,000       (244,000 )
Balance at end of period   $ 93,000     $ 277,000  

 
Useful life property, plant and equipment
Buildings 27.5 – 39 years
Other Depreciable Property 5 – 10 years
Furniture and Fixtures 3 – 10 years