What changed in this filing

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Item 1A. Risk Factors

2018-08-28 compared with 2015-08-14 · 38 added, 28 removed, 36 unchanged (65% of the section changed)

7 unchanged sentences

For the year ended March 31, 2016,

we incurred a net profit of $100,314.

The net profit was due to a one time gain from the extinguishment of debt.

no assurance that we will ever be profitable from our operations.

we incurred a net loss attributable to common shareholders of $2,711,972.

The net loss was primarily due to the impairment

of our oil and gas assets.

There can be no assurance that we will ever be profitable from our operations.

need additional capital.

1 unchanged sentence

The amount required depends upon our business operations, and the capital needs

of our acquisition of the certain oil and gas leasehold interests.

We may be unable to secure this additional required financing

on a timely basis, under terms acceptable to us, or at all.

To obtain additional financing, we will likely sell additional equity

securities, which will further dilute shareholders' ownership in us.

Ultimately, if we do not raise the required capital, we may

need to cease operations.

to develop and market our CBD skincare products.

We may be unable to secure this additional required financing on a timely basis,

under terms acceptable to us, or at all.

To obtain additional financing, we will likely sell additional equity securities, which

will further dilute shareholders' ownership in us.

Ultimately, if we do not raise the required capital, we may need to cease operations.

are dependent upon our key personnel.

4 unchanged sentences

is only a limited trading market for our securities.

Common Stock is traded on the OTCQB.

The prices quoted may not reflect the price at which you can resell your shares.

of the low price of our stock, we are subject to particular rules of the U.S.

Securities and Exchange Commission that make it

difficult for stock brokers to solicit customers to purchase our stock.

This reduces the number of potential buyers of our stock

and may reduce the value of your shares.

There can be no assurance that a trading market for our stock will continue or that you

will ever be able to resell your shares at a profit, or at all.

Common Stock is traded on the OTC Pink Sheets.

The prices quoted may not reflect the price at which you can resell your

Because of the low price of our stock, we are subject to particular rules of the U.S.

Securities and Exchange Commission

that make it difficult for stock brokers to solicit customers to purchase our stock.

This reduces the number of potential buyers

of our stock and may reduce the value of your shares.

There can be no assurance that a trading market for our stock will continue

or that you will ever be able to resell your shares at a profit, or at all.

management controls us.

3 unchanged sentences

to vote 40% of our voting securities.

On January 12, 2018, our Board of Directors agreed to amend Designation of the Series A

Convertible Preferred Stock be amended by changing the ratio for conversion, in Article IV, subparagraph (a), from .4% to .51%

so that upon conversion the number of shares of common stock to be exchanged shall equal 51% of then issued and outstanding common

Accordingly, even if we issue additional shares to third parties, Mr.

Rodriguez will continue

to control at least 40% of our voting securities.

This voting concentration may also have the effect of delaying or preventing

a change in our management or control or otherwise discourage potential acquirers from attempting to gain control of us.

acquirers are deterred, you may lose an opportunity to profit from a possible acquisition.

See "Security Ownership of Certain

Beneficial Owners and Management and Related Stockholder Matters"

and "Market for Common Equity and Related Stockholder

Matters".

Rodriguez will continue to control at least

40% of our voting securities.

This voting concentration may also have the effect of delaying or preventing a change in our management

or control or otherwise discourage potential acquirers from attempting to gain control of us.

If potential acquirers are deterred,

you may lose an opportunity to profit from a possible acquisition.

See "Security Ownership of Certain Beneficial Owners and

Management and Related Stockholder Matters"

and "Market for Common Equity and Related Stockholder Matters".

significant number of shares are eligible for public sale, potentially depressing our stock price.

11 unchanged sentences

Act which may deter changes in control of our management which have not been approved by our Board of Directors.

corporate office is located at 310 Fourth Avenue South, Suite 7000, Minneapolis, Minnesota 55415.

This office space is leased

from an unaffiliated third party on a month to month lease, for a monthly rental of $1,000.

LEGAL PROCEEDINGS

Company is not a party to any legal proceedings that would have a material effect on the Company’s operations.

MINE SAFETY DISCLOSURES

(Not applicable)

Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.

What changed 10-K

Item 1A. Risk Factors