9. RELATED PARTY TRANSACTIONS (Details Narrative) - USD ($) |
Mar. 31, 2020 |
Mar. 31, 2019 |
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Convertible debentures, related party | $ 52,400 | $ 87,600 |
Former Chief Executive Officer | ||
Accrued payroll, related party | 176,000 | 216,000 |
President and Chief Executive Officer | ||
Accrued payroll, related party | 84,000 | 69,000 |
Chief Operating Officer | ||
Accrued payroll, related party | 166,000 | 96,000 |
NaturalShrimp Holdings, Inc. | ||
Note payable related party | 735,000 | 735,000 |
Accrued interest payable | 21,570 | 36,174 |
Multiple Shareholders | ||
Note payable related party | 426,404 | 426,404 |
Accrued interest payable | 275,054 | 266,616 |
Randall Steele | ||
Note payable related party | $ 50,000 | $ 50,000 |
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- Definition Carrying amount as of the balance sheet date of obligations due all related parties. For classified balance sheets, represents the current portion of such liabilities (due within one year or within the normal operating cycle if longer). Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Total of the carrying values as of the balance sheet date of obligations incurred through that date and payable for obligations related to services received from employees, such as accrued salaries and bonuses, payroll taxes and fringe benefits. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of interest payable on debt, including, but not limited to, trade payables. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The amount for notes payable (written promise to pay), due to related parties. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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