Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY

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CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY - USD ($)
Preferred Stock [Member]
Common Stock [Member]
Additional Paid in Capital [Member]
Deficit Accumulated [Member]
Total
Beginning Balance at Mar. 31, 2015 $ 20,000 $ 2,491 $ 11,899,999 $ (11,652,350) $ 270,140
Beginning Balance (Shares) at Mar. 31, 2015 20,000,000 2,489,917      
Value of warrants issued with Capital lease agreement     78,031   78,031
Shares issued for cash Private Placement   $ 9,222 3,731,042   3,740,264
Shares issued for cash Private Placement (Shares)   9,223,200      
Shares issued in connection with note payable   $ 871 1,053,279   1,054,150
Shares issued in connection with note payable (Shares)   871,246      
Shares issued to contractors   $ 1,600 2,124,541   2,126,141
Shares issued to contractors (Shares)   1,600,000      
Shares issued to employees   $ 129 168,065   168,194
Shares issued to employees (Shares)   129,000      
Warrant exercises   $ 255 127,090   127,345
Warrant exercises (Shares)   255,607      
Stock Options issued to employees     2,241,200   2,241,200
Preferred Stock issued to directors $ 3,000       3,000
Preferred Stock issued to directors (Shares) 3,000,000        
Net (loss)       (8,281,584) (8,281,584)
Ending Balance at Mar. 31, 2016 $ 23,000 $ 14,568 21,423,247 (19,933,934) 1,526,881
Ending Balance (Shares) at Mar. 31, 2016 23,000,000 14,568,970      
Shares issued for cash Private Placement   $ 425 424,575   425,000
Shares issued for cash Private Placement (Shares)   425,000      
Shares issued in connection with note payable   $ 1,240 1,698,380   1,699,620
Shares issued in connection with note payable (Shares)   1,240,000      
Shares issued to contractors   $ 251 378,874   379,125
Shares issued to contractors (Shares)   251,220      
Warrant exercises   $ 814 299,185   299,999
Warrant exercises (Shares)   814,518      
Stock Options issued to employees   $ 250 (250)    
Stock Options issued to employees (Shares)   249,887      
Stock Repurchase   $ (17) (42,982)   (42,999)
Stock Repurchase (Shares)   (17,144)      
Net (loss)       (3,454,600) (3,454,600)
Ending Balance at Mar. 31, 2017 $ 23,000 $ 17,531 $ 24,181,029 $ (23,388,534) $ 833,026
Ending Balance (Shares) at Mar. 31, 2017 23,000,000 17,532,451