Annual and transition report of foreign private issuers pursuant to Section 13 or 15(d)

CONSOLIDATED STATEMENTS OF CASH FLOW

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CONSOLIDATED STATEMENTS OF CASH FLOW - USD ($)
 12 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Cash flows from operating activities:    
Net Loss $ (1,749,870) $ (672,915)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock-based compensation 290,364  
Gain on debt extinguishment (5,596)  
Interest expense 5,986 26,991
Foreign currency translation (gains)/losses 5,657 (3,873)
Net changes in operating assets & liabilities:    
Accounts receivable 928 (928)
Prepaid expense and deposit 2,185  
Inventory 121 (21,072)
Accounts payable and accrued liabilities 641,156 81,611
Net cash used in operating activities (809,069) (590,186)
Cash flows from financing activities:    
Proceeds from related parties 193,592 181,982
Proceeds from shares issuance for cash 519,613 403,216
Proceeds from convertible note payable 100,000  
Net cash provided by financing activities 813,205 585,198
Net change in cash and cash equivalents 4,135 (4,988)
Cash and cash equivalents at beginning of year 17,621  
Cash and cash equivalents at end of year 21,756 17,621
Supplemental disclosure of non-cash investing and financing activities:    
Settlement of fees due to a former SingaporeCo non-executive director   604,890
Shares issued for settlement of related party payable 452,861 $ 25,000
Shares issued for conversion of convertible debt $ 100,000