Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED BALANCE SHEETS

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CONSOLIDATED BALANCE SHEETS - USD ($)
Sep. 30, 2015
Jun. 30, 2015
CURRENT ASSETS:    
Cash $ 77,458 $ 107,627
GST tax receivable 15,109 11,647
Prepaid expenses and other current assets 207,347 502,616
TOTAL CURRENT ASSETS 299,914 621,890
Security deposit 1,535 1,684
Property and equipment, net 3,672 3,494
TOTAL ASSETS 305,121 627,068
CURRENT LIABILITIES:    
Accounts payable 303,127 236,466
Accrued expenses and other payables 429,198 386,311
Convertible notes and related accrued interest, net 2,148,900 1,794,375
Loans payable 6,278 27,558
Embedded conversion option liabilities 350,063 780,281
Warrant derivative liability 86,662 269,648
Due to directors - related parties 31,994 35,108
Loans from directors and officer - related parties 59,360 79,416
Employee benefit liability 71,883 71,421
TOTAL CURRENT LIABILITIES 3,487,465 3,680,584
Commitments and Contingencies (See Note 7) 0 0
STOCKHOLDERS' DEFICIT:    
Common stock, $0.001 par value; 2,000,000,000 shares authorized; 356,624,597 and 347,442,013 shares issued and outstanding as of September 30, 2015 and June 30, 2015, respectively 356,625 347,442
Additional paid-in capital 17,901,198 17,458,745
Accumulated other comprehensive income (loss) 359,398 100,968
Accumulated deficit (21,804,565) (20,965,671)
TOTAL STOCKHOLDERS' DEFICIT (3,182,344) (3,053,516)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT 305,121 627,068
Series A Preferred Stock [Member]    
STOCKHOLDERS' DEFICIT:    
Preferred stock value 5,000 5,000
Series B Preferred Stock [Member]    
STOCKHOLDERS' DEFICIT:    
Preferred stock value $ 0 $ 0