Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Changes in Stockholders' Deficit

v3.22.2.2
Consolidated Statements of Changes in Stockholders' Deficit - USD ($)
Preferred Stock [Member]
Series A Preferred Stock [Member]
Preferred Stock [Member]
Series B Preferred Stock [Member]
Common Stock [Member]
Common Stock Issuable [Member]
Additional Paid-in Capital [Member]
Subscription Receivable [Member]
Retained Earnings [Member]
AOCI Attributable to Parent [Member]
Treasury Stock [Member]
Total
Beginning balance, value at Jun. 30, 2020 $ 5,000 $ 258 $ 50,913,893 $ (55,781,770) $ 1,267,671 $ (46,477) $ (3,641,425)
Beginning balance, shares at Jun. 30, 2020 500,000 1 258,120            
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 services $ 806 124,766 125,572
Issuance of common stock for services, shares     805,646              
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              
Reclassification of put premium upon debt conversion 590,504 590,504
Reversal of put premium upon cancellation of conversions of convertible debt (11,785) (11,785)
Stock based compensation in connection with stock option grants 82,872 82,872
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              
Foreign currency translation gain (182,467) (182,467)
Deemed dividend upon alternate cashless exercise of warrants 391,749 (391,749)
Net loss (2,025,947) (2,025,947)
Issuance of common stock for cash, shares     29,820              
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)
Ending balance, shares at Jun. 30, 2021 500,000 1 14,055,393 59            
Issuance of common stock for exercise of warrants $ 15 624,986 625,001
Issuance of common stock for exercise of warrants, shares     15,625              
Reclassification of put premium upon debt conversion 335,677 335,677
Stock based compensation in connection with stock option grants 72,513 72,513
Foreign currency translation gain 149,345 149,345
Deemed dividend upon alternate cashless exercise of warrants 700,340 (700,340)
Net loss (2,658,087) (2,658,087)
Issuance of common stock for cash $ 25,663 97,380 (23,758) $ 99,285
Issuance of common stock for cash, shares     25,663,288             56,799,716
Issuance of common stock for offering cost $ 1,000 (1,000)
Issuance of common stock for offering cost, shares     1,000,000              
Issuance of common stock for conversion of convertible debt, conversion fee and accrued interest $ 96,960 $ 7,326 552,839 657,125
Issuance of common stock for conversion of convertible debt, conversion fee and accrued interest, shares     96,959,620 7,326,007            
Issuance of common stock for services and accrued expenses $ 25,857 $ 12,271 724,937 763,065
Issuance of common stock for services and accrued expenses, shares     25,857,279 12,270,958            
Issuance of common stock for alternate cashless exercise of warrants $ 56,800 (56,800)
Issuance of common stock for alternate cashless exercise of warrants, shares     56,799,716              
Ending balance, value at Jun. 30, 2022 $ 5,000 $ 220,351 $ 19,597 $ 57,124,982 $ (23,758) $ (61,557,893) $ 1,234,549 $ (46,477) $ (3,023,649)
Ending balance, shares at Jun. 30, 2022 500,000 1 220,350,921 19,597,024