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

STOCKHOLDERS??? DEFICIT (Tables)

v3.23.2
STOCKHOLDERS’ DEFICIT (Tables)
9 Months Ended 12 Months Ended
Mar. 31, 2023
Jun. 30, 2022
Equity [Abstract]    
SCHEDULE OF SHARE BASED COMPENSATION STOCK OPTIONS ACTIVITY

A summary of the Company’s option activity during the nine months ended March 31, 2023 is presented below:

 

          Weighted  
    Number of     Average Exercise  
    Shares     Price Per Share  
Outstanding at June 30, 2022     0.059     $ 4,533,000  
Granted     -       -  
Exercised     -       -  
Forfeited     -       -  
Expired     -       -  
Outstanding at March 31, 2023     0.059     $ 4,533,000  
                 
Exercisable at March 31, 2023     0.059     $ 4,533,000  
Outstanding and Exercisable:                
                 
Weighted average remaining contractual term     6.13          
Weighted average fair value of options granted during the period   $ -          
Aggregate intrinsic value   $ -          

A summary of the Company’s stock option activity during the years ended June 30, 2022 and 2021 is presented below:

 

          Weighted  
    Number of     Average  
    Options     Price Per Share  
Outstanding at June 30, 2020     0.06     $ 76,370,00  
Issued     -       -  
Exercised     -       -  
Expired     (0.001 )     3,750,000,000  
Outstanding at June 30, 2021     0.059     $ 13,730,00  
Issued     -       -  
Exercised     -       -  
Expired     -       -  
Outstanding at June 30, 2022     0.059     $ 4,533,000  
                 
Exercisable at June 30, 2022     0.059     $ 4,531,000  
Outstanding and Exercisable:                
                 
Weighted average remaining contractual term     6.88          
Weighted average fair value of options granted during the period   $ -          
Aggregate intrinsic value   $ -          
SCHEDULE OF WARRANT ACTIVITY

The following table summarizes common stock warrant activity for the nine months ended March 31, 2023:

 

          Weighted  
    Number of     Average  
    Shares     Price Per Share  
Outstanding at June 30, 2022     105     $ 200,270  
Granted     3,305       10  
Exercised     (10 )     54,860  
Forfeited     (1 )     2,000,000  
Expired     -       -  
Outstanding at March 31, 2023     3,399 *   $ 5,510  
                 
Exercisable at March 31, 2023     3,380     $ 5,550  
Outstanding and Exercisable:                
                 
Weighted average remaining contractual term     2.38          
Aggregate intrinsic value   $ -          

 

* The 3,399,085 total warrants above which are exercisable into common stock consisted of the following:

The following table summarizes common stock warrant activity for the years ended June 30, 2022 and 2021:

 

          Weighted  
    Number of     Average  
    Warrants     Price Per Share  
Outstanding at June 30, 2020     151     $ 150,000.00  
Issued     -       -  
Exercised     (30 )     26,150  
Forfeited     -       -  
Expired     -       -  
Outstanding at June 30, 2021     121     $ 179,630  
Issued     -       -  
Exercised     (16 )     42,860  
Forfeited     -       -  
Expired     -       -  
Outstanding at June 30, 2022     105 *   $ 200,270  
                 
Exercisable at June 30, 2022     77     $ 275,370  
Outstanding and Exercisable:                
                 
Weighted average remaining contractual term     0.77          
Aggregate intrinsic value   $ -          

 

* The total warrants of 105,420 above consisted of the following:
SCHEDULE OF WARRANT OUTSTANDING AND EXERCISABLE

    Number of Warrants     Exercisable  
Series A warrants     10       10  
Series B warrants     19       19  
Series C warrants     64       44  
Warrants with no class designation     3,306       3,306  
Total     3,399       3,379  

    Number of Warrants     Exercisable  
Series A warrants     11       11  
Series B warrants     29       29  
Series C warrants     63       35  
Warrants with no class designation     22       2  
Total     125       77