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

Convertible Notes (Tables)

v3.20.2
Convertible Notes (Tables)
12 Months Ended
Jun. 30, 2020
Debt Disclosure [Abstract]  
Schedule of Convertible Notes

The Company’s convertible notes outstanding at June 30, 2020 and 2019 were as follows:

 

    June 30, 2020     June 30, 2019  
Convertible notes and debenture   $ 1,029,496     $ 1,076,785  
Unamortized discounts     (126,667 )     (131,893 )
Accrued interest     80,101       99,482  
Premium, net     574,804       613,003  
Convertible notes, net   $ 1,557,734     $ 1,657,377