Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Changes in Stockholders' Deficit (Unaudited)

v3.21.2
Condensed Consolidated Statements of Changes in Stockholders' Deficit (Unaudited) - USD ($)
Preferred Stock [Member]
Series A Preferred Stock [Member]
Preferred Stock [Member]
Series B Preferred Stock [Member]
Common Stock [Member]
Common Stock Issuable [Member]
Additional Paid-in Capital [Member]
Subscription receivable [Member]
Retained Earnings [Member]
AOCI Attributable to Parent [Member]
Treasury Stock [Member]
Total
Beginning balance, value at Jun. 30, 2020 $ 5,000 $ 258 $ 50,913,893 $ (55,781,770) $ 1,267,671 $ (46,477) $ (3,641,425)
Balance, shares at Jun. 30, 2020 500,000 1 258,120              
Issuance of common stock for conversion of convertible debt, conversion fee, and accrued interest $ 442 480,133 480,575
Issuance of common stock for conversion of convertible debt and accrued interest, shares     442,031              
Reclassification of put premium upon debt conversion 204,919 204,919
Issuance of common stock for exercise of warrants $ 15 201,029 201,044
Issuance of common stock for exercise of warrants, shares     15,445              
Stock based compensation in connection with fair value of warrants issued for services 20,718 20,718
Foreign currency translation gain (75,755)   (75,755)
Net loss (425,545)   (425,545)
Ending balance, value at Sep. 30, 2020 $ 5,000 $ 715 51,820,692 (56,207,315) 1,191,916 (46,477) (3,235,469)
Balance, shares at Sep. 30, 2020 500,000 1 715,596              
Beginning balance, value at Jun. 30, 2021 $ 5,000 $ 14,056 54,074,110 (58,199,466) 1,085,204 (46,477) (3,067,573)
Balance, shares at Jun. 30, 2021 500,000 1 14,055,393 59            
Issuance of common stock for conversion of convertible debt, conversion fee, and accrued interest $ 9,445 190,741 200,186
Issuance of common stock for conversion of convertible debt and accrued interest, shares     9,445,009              
Issuance of common stock for services and accrued expenses $ 17,934 563,927 581,861
Issuance of common stock for services and accrued expenses, shares     17,934,379              
Reclassification of put premium upon debt conversion 109,643 109,643
Stock based compensation in connection with stock option grants 20,718 20,718
Deemed dividend upon alternate cashless exercise of warrants 114,844 (114,844)
Issuance of common stock for exercise of warrants $ 7 $ 2 374,991 (100,000) 275,000
Issuance of common stock for exercise of warrants, shares     6,875 2,500            
Issuance of common stock for alternate cashless exercise of warrants $ 2,400 $ 2,000 (4,400)
Issuance of common stock for alternate cashless exercise of warrants, shares     2,399,988 1,999,990            
Foreign currency translation gain 64,193 64,193
Net loss (490,658) (490,658)
Ending balance, value at Sep. 30, 2021 $ 5,000 $ 43,842 $ 2,002 $ 55,444,574 $ (100,000) $ (58,804,968) $ 1,149,397 $ (46,477) $ (2,306,630)
Balance, shares at Sep. 30, 2021 500,000 1 43,841,644 2,002,549