Quarterly report pursuant to Section 13 or 15(d)

5. Convertible Notes Payable (Tables)

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5. Convertible Notes Payable (Tables)
9 Months Ended
Dec. 31, 2016
Debt Disclosure [Abstract]  
Convertible notes payable

Convertible Notes Payable, Net consisted of the following at December 31, 2016:

 

    Principal     Unamortized
Discount
    Net
Amount
    Accrued
Interest
 
Convertible Notes Payable, Net – Non-Current Portion:                                
November 2014 10% Convertible Notes   $ 662,811     $ (330,437 )   $ 332,374     $ 4,603  
December 2016 10% Convertible Notes     680,400       (598,376 )     82,024       366  
Total Convertible Notes Payable, Net   $ 1,343,211     $ (928,813 )   $ 414,398     $ 4,969  

  

Convertible Notes Payable consisted of the following at March 31, 2016 (our most recent fiscal year end):

 

    Principal     Unamortized
Discount
    Net
Amount
    Accrued
Interest
 
Convertible Notes Payable, Net – Non-Current Portion:                                
November 2014 10% Convertible Notes   $ 527,780     $ (27,641 )   $ 500,139     $ 74,036  
Total Convertible Notes Payable, Net   $ 527,780     $ (27,641 )   $ 500,139     $ 74,036  

 

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 nine months ended December 31, 2016     (30,000 )
Balance as of December 31, 2016   $ 662,811