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

STOCKHOLDERS??? DEFICIT (Tables)

v3.23.3
STOCKHOLDERS’ DEFICIT (Tables)
12 Months Ended
Jun. 30, 2023
Equity [Abstract]  
SCHEDULE OF SHARE BASED COMPENSATION STOCK OPTIONS ACTIVITY

A summary of the Company’s stock option activity during the years ended June 30, 2023 and 2022 is presented below:

 

          Weighted  
    Number of     Average  
    Options     Price Per Share  
Outstanding at June 30, 2021     0.059     $ 13,730,000  
Issued     -       -  
Exercised     -       -  
Expired     -       -  
Outstanding at June 30, 2022     0.059     $ 4,533,000  
Issued     -       -  
Exercised     -       -  
Expired     -       -  
Outstanding at June 30, 2023     0.059     $ 4,533,000  
                 
Exercisable at June 30, 2023     0.059     $ 4,533,000  
Outstanding and Exercisable:                
                 
Weighted average remaining contractual term     5.88          
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 years ended June 30, 2023 and 2022:

          Weighted  
    Number of     Average  
    Warrants     Price Per Share  
Outstanding at June 30, 2021     121     $ 179,630  
Issued     -       -  
Exercised     (16 )     42,860  
Forfeited     -       -  
Expired     -       -  
Outstanding at June 30, 2022     105     $ 200,270  
Issued     3,305       10  
Exercised     (13 )     52,081  
Forfeited     (1 )     2,000,000  
Expired     -       -  
Outstanding at June 30, 2023     3,396 *   $ 5,440  
                 
Exercisable at June 30, 2023     3,379     $ 5,467  
Outstanding and Exercisable:                
                 
Weighted average remaining contractual term     2.14          
Aggregate intrinsic value   $ -          

 

* The total warrants of 3,396 above which are exercisable into common stock consisted of the following:

SCHEDULE OF WARRANT OUTSTANDING AND EXERCISABLE

    Number of Warrants     Exercisable  
Series A warrants     10       10  
Series B warrants     17       17  
Series C warrants     64       47  
Warrants with no class designation     3,305       3,305  
Total     3,396       3,379