Quarterly report pursuant to Section 13 or 15(d)

RIGHTS AGREEMENTS (Details Narrative)

v3.22.0.1
RIGHTS AGREEMENTS (Details Narrative) - USD ($)
3 Months Ended 9 Months Ended
Dec. 31, 2021
Dec. 31, 2021
Dec. 31, 2020
Aug. 25, 2021
Agreements term   10 years    
Ownership percentage       100.00%
Consideration for the equipment rights   $ 2,500,000    
Consideration for the equipment rights in cash   500,000    
Consideration for the equipment rights paid next quarter   500,000    
Consideration for the equipment rights paid in full   $ 0 $ 5,000,000  
Royalty fees percentage   12.5    
Amortization of rights $ 270,000      
Year one 1,076,000 $ 1,076,000    
Year two 1,076,000 1,076,000    
Year three 1,076,000 1,076,000    
Year four 1,076,000 1,076,000    
Year five 1,076,000 1,076,000    
After year five $ 5,381,000 5,381,000    
Technology Rights Agreement        
Additional consideration for the equipment rights   1,000,000    
Consideration for the equipment rights   $ 10,000,000    
Market value price per share $ 0.505 $ 0.505   $ 0.37
Unrestricted common shares of stock value $ 6,500,000 $ 6,500,000    
Shares issued 12,871,287 12,871,287    
Fair market value of shares issued       $ 4,762,376
Fair value total consideration       $ 8,262,376