ORGANIZATION AND BUSINESS (Tables)

12 Months Ended

Mar. 31, 2021

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Disposal Groups, Including Discontinued Operations

In March 2021, due to the transfer of subsidiaries and assets discussed above to Capital Vario in satisfaction of amounts due to them, the Company has ceased operations relate to the Tortec Tornado unit. The Company has reflected these operations as discontinued operations in the accompanying consolidated financial statements. The following is a summary of discontinued operations included within the consolidated financial statements as of March 31, 2021 and 2020 and for the years then ended.

	March 31,		March 31,
	2021		2020

ASSETS
Construction in progress	$	-	$	291,346
License		-		35,051
Deposit		-		3,000
Total Assets - Discontinued Operations	$	-	$	329,397

LIABILITIES
Current Liabilities
Accounts payable and accrued liabilities	$	-	$	2,387
Short term advances - related parties		-		288,690
Total Current Liabilities - Discontinued Operations	$	-	$	291,077

	For the Years Ended March 31,
	2021		2020

Operating Expenses
Research and development	$	47,146	$	302,328
General and administrative		92,064		33,583
Impairment of property and equipment		45,000		389,000
Loss on disposal of subsidiary		225,855		-
Total Operating Expenses		410,065		724,911
Non-controlling interest		(118,245)		-
Operating Loss - Discontinued Operations	$	(291,820)	$	(724,911)

- Definition

Tabular disclosure of information related to a disposal group. Includes, but is not limited to, a discontinued operation, disposal classified as held-for-sale or disposed of by means other than sale or disposal of an individually significant component.

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+ Details

TORtec Group Corp 10-K