Annual report pursuant to Section 13 and 15(d)

Consolidated Statement of Changes in Stockholders Deficit

v3.19.3
Consolidated Statement of Changes in Stockholders Deficit - USD ($)
Series A Preferred Stock [Member]
Series B Preferred Stock [Member]
Common Stock [Member]
Additional Paid-In Capital [Member]
Accumulated Deficit [Member]
Treasury Stock [Member]
Accumulated Other Comprehensive Income (Loss) [Member]
Total
Balance at Jun. 30, 2017 $ 5,000 $ 9 $ 32,984,989 $ (38,243,523) $ (46,477) $ (141,749) $ (5,441,751)
Balance, shares at Jun. 30, 2017 500,000 1 9,156          
Issuance of common stock for conversion of convertible debt and accrued interest $ 82 2,770,106 2,770,188
Issuance of common stock for conversion of convertible debt and accrued interest, shares 81,795          
Reclassification of put premium upon debt conversion 948,129 948,129
Extinguishment of derivative liability associated with convertible notes 809,642 809,642
Loss on settlement of debt, net 55,201 55,201
Loss on settlement of debt, net, shares (30)          
Issuance of common stock for services $ 2 129,998 130,000
Issuance of common stock for services, shares 1,938          
Stock option expense 516,148 516,148
Foreign currency translation gain 499,678 $ 499,678
Issuance of common stock for exercise of warrants, shares              
Net loss (7,039,155) $ (7,039,155)
Balance at Jun. 30, 2018 $ 5,000 $ 93 38,214,213 (45,282,678) (46,477) 357,929 (6,751,920)
Balance, shares at Jun. 30, 2018 500,000 1 92,859          
Issuance of common stock for conversion of convertible debt and accrued interest $ 704 3,350,079 3,350,783
Issuance of common stock for conversion of convertible debt and accrued interest, shares 704,258          
Reclassification of put premium upon debt conversion 1,824,317 1,824,317
Extinguishment of derivative liability associated with convertible notes 1,029,039 1,029,039
Issuance of common stock for services $ 16 168,984 169,000
Issuance of common stock for services, shares 16,000          
Foreign currency translation gain 709,069 709,069
Issuance of common stock under equity purchase agreement $ 147 1,100,233 1,100,380
Issuance of common stock under equity purchase agreement, shares 147,200          
Issuance of common stock for exercise of warrants 30 $ 30
Issuance of common stock for exercise of warrants, shares 24        
Issuance of stock for offering costs $ 8 298,914 $ 298,922
Issuance of stock for offering costs, shares 7,701          
Stock based compensation in connection with stock option grants and restricted stock unit grants 41,436 41,436
Amortization of offering costs (313,923) (313,923)
Net loss (5,758,369) (5,758,369)
Balance at Jun. 30, 2019 $ 5,000 $ 968 $ 45,713,322 $ (51,041,047) $ (46,477) $ 1,066,998 $ (4,301,236)
Balance, shares at Jun. 30, 2019 500,000 1 968,042