v3.20.4

Balance Sheets - USD ($)	Dec. 31, 2018	Mar. 31, 2018
ASSETS
TOTAL ASSETS
CURRENT LIABILITIES:
Accounts payable	135,478	137,278
Accrued liabilities	522,079	429,361
Loans payable	143,924	143,924
Convertible notes, net of debt discount	480,740	459,091
Derivative liabilities	4,500	5,474
Total Current Liabilities	1,286,721	1,175,128
TOTAL LIABILITIES	1,286,721	1,175,128
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS’ DEFICIT:
Preferred stock: $0.001 par value; 10,000,000 shares authorized; No share issued or outstanding at December 31, 2018 and March 31, 2018
Common stock: $0.001 par value; 190,000,000 shares authorized; 62,570,659 shares issued and outstanding at December 31, 2018 and March 31, 2018	62,571	62,571
Additional paid-in capital	9,182,575	9,182,575
Accumulated deficit	(10,531,867)	(10,420,274)
TOTAL STOCKHOLDERS’ DEFICIT	(1,286,721)	(1,175,128)
TOTAL LIABILITIES AND STOCKHOLDERS’ DEFICIT

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

LegacyXChange, Inc. 10-Q