General form of registration statement for all companies including face-amount certificate companies

Convertible Notes (Tables)

v3.19.2
Convertible Notes (Tables)
9 Months Ended 12 Months Ended
Mar. 31, 2019
Jun. 30, 2018
Debt Disclosure [Abstract]    
Schedule of Convertible Notes

The Company’s convertible notes outstanding at March 31, 2019 were as follows:

 

Convertible notes and debenture   $ 1,179,145  
Unamortized discounts     (25,162 )
Accrued interest     85,570  
Premiums     828,164  
Convertible notes, net   $ 2,067,717  

Convertible notes at June 30, 2018 and 2017 were as follows:

 

    June 30, 2018     June 30, 2017  
Convertible notes and debenture   $ 3,096,935     $ 2,863,271  
Unamortized discounts     (277,733 )     (445,594 )
Accrued interest     148,930       86,334  
Premium, net     1,731,167       975,834  
Convertible notes, net   $ 4,699,299     $ 3,479,845