Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
 9 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Cash flows from operating activities    
Net Loss $ (3,036,803) $ (795,738)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock-based compensation 0 24,750
Depreciation and amortization expense 53,170 42,500
Amortization of debt discount 401,313 0
Change in fair value of derivative liability 239,000 0
Change in fair value of warrant liability 436,000 0
Financing costs 895,640 0
Shares issued for services 100,000 0
Changes in operating assets and liabilities:    
Prepaid expenses and other current assets 42,448 (4,000)
Deposits 0 (10,000)
Accounts payable 43,129 (48,465)
Other accrued expenses 108,846 149,921
Accrued interest - related parties 36,646 106,659
Cash used in operating activities (680,610) (534,373)
Cash flows from financing activities    
Payments on bank loan (4,684) 0
Repayment Line of Credit Short-term (2,486) (9,379)
Borrowing on Notes payable - related party 0 617,257
Proceeds from sale of stock 25,000 10,000
Proceeds from convertible debentures 730,200 0
Proceeds from convertible debentures, related party 180,000 0
Payments on convertible debentures (227,500) 0
Payments on convertible debentures, related party (92,400) 0
Cash provided by financing activities 608,130 617,878
Net change in cash (72,480) 83,505
Cash at beginning of period 88,195 6,158
Cash at end of period 15,715 89,663
Interest paid 87,740 57,830
Supplemental Disclosure of Non-Cash Investing and Financing Activities:    
Notes receivable issued as consideration for convertible debenture 131,200 0
Cashless exercise of warrants $ 67,000 $ 0