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

Condensed Consolidated Balance Sheets

v3.19.3.a.u2
Condensed Consolidated Balance Sheets - USD ($)
Sep. 30, 2019
Jun. 30, 2019
Jun. 30, 2018
CURRENT ASSETS:      
Cash $ 96,123 $ 2,394 $ 19,921
GST tax receivable 5,874 5,439 6,257
Prepaid expenses and other current assets 45,838 83,299 34,712
TOTAL CURRENT ASSETS 147,835 91,132 60,890
Security deposit - related party 2,024 2,103 2,220
Operating lease right-of-use assets, net - related party 40,329  
Property and equipment, net 7,475 8,417 8,277
TOTAL ASSETS 197,663 101,652 71,387
CURRENT LIABILITIES:      
Accounts payable 959,971 917,337 1,157,369
Accrued expenses and other payables 535,684 723,042 364,404
Convertible notes and related accrued interest, net of discounts and premiums 2,547,085 1,657,377 4,699,299
Operating lease liability - current portion - related party 19,132  
Embedded conversion option liabilities 254,308 698,264 371,532
Due to former director - related parties 29,995 31,164 32,898
Loans from directors and officer - related parties 49,920 51,867 54,753
Employee benefit liability 321,139 323,837 143,052
TOTAL CURRENT LIABILITIES 4,717,234 4,402,888 6,823,307
NON-CURRENT LIABILITIES:      
Operating lease liability - long-term portion - related party 22,161  
TOTAL NON-CURRENT LIABILITIES 22,161  
TOTAL LIABILITIES 4,739,395 4,402,888  
Commitments and Contingencies
STOCKHOLDERS' DEFICIT:      
Common stock, value 1,170 968 93
Additional paid-in capital 46,400,877 45,713,322 38,214,213
Accumulated other comprehensive income (loss) 1,630,685 1,066,998 357,929
Accumulated deficit (52,532,987) (51,041,047) (45,282,678)
Treasury stock (49 shares) (46,477) (46,477) (46,477)
TOTAL STOCKHOLDERS' DEFICIT (4,541,732) (4,301,236) (6,751,920)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT 197,663 101,652 71,387
Series A Preferred Stock [Member]      
STOCKHOLDERS' DEFICIT:      
Preferred stock, 1,500,005 shares authorized, $0.01 par value: 5,000 5,000 5,000
TOTAL STOCKHOLDERS' DEFICIT 5,000 5,000 5,000
Series B Preferred Stock [Member]      
STOCKHOLDERS' DEFICIT:      
Preferred stock, 1,500,005 shares authorized, $0.01 par value:
TOTAL STOCKHOLDERS' DEFICIT