Quarterly report pursuant to Section 13 or 15(d)

5. Convertible Notes Payable (Tables)

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5. Convertible Notes Payable (Tables)
6 Months Ended
Sep. 30, 2018
Convertible notes payable

Convertible Notes Payable, Net consisted of the following at September 30, 2018:

 

    Principal     Unamortized
Discount
    Net
Amount
    Accrued
Interest
 
Convertible Notes Payable, Net:                                
November 2014 10% Convertible Notes (due July 1, 2019)   $ 612,811     $ (56,098 )   $ 556,713     $ 6,668  
December 2016 10% Convertible Notes (due July 1, 2019)     379,780       (34,766 )     345,014       3,275  
Total Convertible Notes Payable, Net   $ 992,591     $ (90,864 )   $ 901,727     $ 9,943  

  

Convertible Notes Payable, Net consisted of the following at March 31, 2018:

 

    Principal     Unamortized
Discount
    Net
Amount
    Accrued
Interest
 
Convertible Notes Payable, Net – Non-Current Portion:                                
November 2014 10% Convertible Notes (due July 1, 2019)   $ 612,811     $ (93,590 )   $ 519,221     $ 34,386  
December 2016 10% Convertible Notes (due July 1, 2019)     379,780       (57,848 )     321,932       21,315  
Total Convertible Notes Payable, Net   $ 992,591     $ (151,438 )   $ 841,153     $ 55,701  

 

November 2014 10% Convertible Notes [Member]  
Changes to principal balance of Convertible Note
Activity in the November 2014 10% Convertible Notes
Initial principal balance   $ 527,780  
Increase in principal balance under the second amendment (see above)     165,031  
Conversions during the fiscal year ended March 31, 2017     (80,000 )
Balance as of September 30, 2018 and March 31, 2018   $ 612,811  
December 2016 10% Convertible Notes [Member]  
Changes to principal balance of Convertible Note
Activity in the December 2016 10% Convertible Notes
Initial principal balance   $ 680,400  
Conversions during the fiscal year ended March 31, 2018     (300,620 )
Balance as of September 30, 2018 and March 31, 2018   $ 379,780