Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited)

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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
 9 Months Ended
Dec. 31, 2016
Dec. 31, 2015
CASH FLOWS FROM OPERATING ACTIVITIES    
Net loss $ (435,228) $ (389,233)
Adjustments to reconcile net loss to cash used in operating activities:    
Depreciation expense 2,508 2,465
Deferred taxes 0 3,293
Changes in operating assets and liabilities:    
Employee receivables 0 1,300
Prepaid expenses 49,440 476
Accounts payable 95,597 (17,358)
Accrued payroll and other liabilities 1,691 (4,700)
State tax payable (100) 0
Net cash used in operating activities (286,092) (403,757)
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchase of fixed assets 0 (198)
Cash resulting from acquisition of BMB Munai, Inc. 0 8,586,822
Net cash from investing activities 0 8,586,624
CASH FLOWS FROM FINANCING ACTIVITIES    
Capital contributions 200,000 50,000
Net cash from financing activities 200,000 50,000
NET CHANGE IN CASH AND CASH EQUIVALENTS (86,092) 8,232,867
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD 8,633,244 402,718
CASH AND CASH EQUIVALENTS, END OF PERIOD 8,547,152 8,635,585
Supplemental disclosure of cash flows for:    
Cash paid for interest 0 0
Cash paid for income taxes 100 0
Non-cash investing and financing:    
Assumption of liabilities in connection with acquisition $ 0 $ 8,675,580