Quarterly report [Sections 13 or 15(d)]

STOCKHOLDERS??? DEFICIT (Tables)

v3.25.1
STOCKHOLDERS’ DEFICIT (Tables)
9 Months Ended
Mar. 31, 2025
Equity [Abstract]  
SUMMARY OF WARRANT ACTIVITY

The following table summarizes warrant activity for the nine months ended March 31, 2025:

 

          Weighted  
    Number of     Average  
    Shares     Price Per Share  
Outstanding at June 30, 2024     250     $ 74,400  
Granted     -       -  
Exercised     -       -  
Cancelled *     -       -  
Expired     -       -  
Outstanding at March 31, 2025     250 *   $ 0.01  
                 
Exercisable at March 31, 2025     250     $ 0.01  
Outstanding and Exercisable:                
                 
Weighted average remaining contractual term     1.26          

Aggregate intrinsic value

  $ -          

 

* On March 3, 2025, the Company cancelled all the existing warrants (0.0002 Series A warrants, 0.0003 Series B warrants, and 0.0008 Series C warrants) held by an investor pursuant to a Warrant Exchange Agreement (see above).