Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Changes in Stockholders' Deficit

v3.21.2
Consolidated Statements of Changes in Stockholders' Deficit - USD ($)
Series A Preferred Stock [Member]
Series B Preferred Stock [Member]
Common Stock [Member]
Common Stock Issuable [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
Accumulated Other Comprehensive Income Loss [Member]
Treasury Stock [Member]
Total
Beginning balance, value at Jun. 30, 2019 $ 5,000 $ 1 $ 45,714,289 $ (51,041,047) $ 1,066,998 $ (46,477) $ (4,301,236)
Balance, shares at Jun. 30, 2019 500,000 1 968          
Issuance of common stock for cash $ 1 424,989 424,990
Issuance of common stock for cash, shares 0 0 804            
Issuance of common stock for conversion of convertible debt and accrued interest $ 248 2,124,926 2,125,174
Issuance of common stock for conversion of convertible debt and accrued interest, shares 247,619          
Reclassification of put premium upon debt conversion 874,924 874,924
Issuance of common stock for services $ 8 113,634 113,642
Issuance of common stock for services, shares     8,729            
Relative fair value of warrants issued with convertible debt 375,905 375,905
Stock based compensation in connection with stock option grants 300,416 300,416
Stock based compensation in connection with fair value of warrants issued for services 984,810 984,810
Foreign currency translation loss 200,673   200,673
Net loss (4,740,723)   (4,740,723)
Net loss                 (4,740,723)
Ending balance, value at Jun. 30, 2020 $ 5,000 $ 258 50,913,893 (55,781,770) 1,267,671 (46,477) (3,641,425)
Balance, shares at Jun. 30, 2020 500,000 1 258,120          
Issuance of common stock for cash, shares 0 0              
Issuance of common stock for conversion of convertible debt and accrued interest $ 8,787 1,230,288 1,239,075
Issuance of common stock for conversion of convertible debt and accrued interest, shares     8,786,113            
Reversal of common stock issuable due to cancellation of conversions of convertible debt and accrued interest $ (24) (19,992) (20,016)
Reversal of common stock issuable due to cancellation of conversions of convertible debt and accrued interest, shares     (24,427)            
Issuance of common stock for exercise of warrants $ 29 776,015 776,044
Issuance of common stock for exercise of warrants, shares     29,820            
Issuance of common stock for cashless exercise of warrants $ 4,200   (4,200)
Issuance of common stock for cashless exercise of warrants, shares     4,199,979            
Reversal of put premium upon cancellation of conversions of convertible debt (11,785) (11,785)
Vested restricted stock units
Vested restricted stock units, shares       59          
Fractional difference due to the reverse stock-split
Fractional difference due to the reverse stock-split, shares     142            
Deemed dividend upon alternate cashless exercise of warrants 391,749 (391,749)
Reclassification of put premium upon debt conversion 590,504 590,504
Issuance of common stock for services $ 806 124,766 125,572
Issuance of common stock for services, shares     805,646            
Stock based compensation in connection with stock option grants 82,872 82,872
Foreign currency translation loss (182,467) (182,467)
Net loss                 (2,417,696)
Net loss (2,025,947) (2,025,947)
Ending balance, value at Jun. 30, 2021 $ 5,000 $ 14,056 $ 54,074,110 $ (58,199,466) $ 1,085,204 $ (46,477) $ (3,067,573)
Balance, shares at Jun. 30, 2021 500,000 1 14,055,393 59