Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) (Unaudited)

v3.10.0.1
Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) (Unaudited) - USD ($)
3 Months Ended
Sep. 30, 2018
Sep. 30, 2017
REVENUE    
Revenue
OPERATING EXPENSES    
Administration expenses 384,600 631,406
Occupancy expenses 8,078 8,830
Research and development 56,193 563,739
TOTAL OPERATING EXPENSES 448,871 1,203,975
LOSS FROM OPERATIONS (448,871) (1,203,975)
OTHER INCOME (EXPENSE)    
Interest expense (624,538) (892,432)
Interest income 4 28
Change in fair value of derivative liabilities (1,971,116) 30,274
Gain on debt settlements, net 14,421 8,570
Gain on extinguishment of debt, net 1,185,871
Foreign currency transaction gain (loss) (280,707) 133,792
TOTAL OTHER INCOME (EXPENSE) (1,676,065) (719,768)
LOSS BEFORE TAXES (2,124,936) (1,923,743)
TAX BENEFIT
NET LOSS $ (2,124,936) $ (1,923,743)
BASIC AND DILUTED NET LOSS PER SHARE $ (0.02) $ (0.36)
BASIC AND DILUTED WEIGHTED AVERAGE SHARES OUTSTANDING 112,482,281 5,285,552
NET LOSS $ (2,124,936) $ (1,923,743)
OTHER COMPREHENSIVE INCOME (LOSS)    
Unrealized foreign currency translation gain (loss) 276,216 (189,593)
TOTAL OTHER COMPREHENSIVE INCOME (LOSS) 276,216 (189,593)
TOTAL COMPREHENSIVE INCOME (LOSS) $ (1,848,720) $ (2,113,336)