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

Convertible Notes (Tables)

v3.20.1
Convertible Notes (Tables)
6 Months Ended 12 Months Ended
Dec. 31, 2019
Jun. 30, 2019
Debt Disclosure [Abstract]    
Schedule of Convertible Notes

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

 

Convertible notes and debenture   $ 2,016,365  
Unamortized discounts     (415,712 )
Accrued interest     182,581  
Premiums     1,151,106  
Convertible notes, net   $ 2,934,340  

The Company’s convertible notes outstanding at June 30, 2019 and 2018 were as follows:

 

    June 30, 2019     June 30, 2018  
Convertible notes and debenture   $ 1,076,785     $ 3,096,935  
Unamortized discounts     (131,893 )     (277,733 )
Accrued interest     99,482       148,930  
Premium, net     613,003       1,731,167  
Convertible notes, net   $ 1,657,377     $ 4,699,299