Quarterly report pursuant to Section 13 or 15(d)

Notes Payable (Tables)

v3.20.1
Notes Payable (Tables)
 6 Months Ended
Sep. 30, 2019
Equity [Abstract]  
Schedule of notes payable

    September 30, 2019     March 31, 2019  
    (Unaudited)        
Notes payable, due January 1, 2018   $ 50,000     $ 50,000  
Senior secured promissory note, due November 12, 2019     200,000       200,000  
Senior secured convertible notes, due April 1, 2019 - March 27, 2020     2,877,710       2,238,535  
      3,127,710       2,488,535  
Less: unamortized debt discount     (390,803 )     (562,418 )
Total notes   $ 2,736,907     $ 1,926,117  
Schedule of carrying value of senior secured promissory notes

    September 30,
2019		     March 31,
2019		  
    (Unaudited)        
Principal value of convertible notes   $ 2,877,710     $ 2,238,535  
Original issue discount     (236,710 )     (217,535 )
Discount resulting from allocation of proceeds to warrant liability     (1,002,026 )     (801,693 )
Discount resulting from beneficial conversion feature     (299,570 )     (271,652 )
Discount resulting from issuance of common stock     (561,000 )     (240,000 )
Amortization of discount     1,708,503       968,462  
Net carrying value of Senior Secured Convertible Notes   $ 2,486,907     $ 1,676,117