Quarterly report pursuant to Section 13 or 15(d)

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

v3.22.2.2
Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) (Unaudited) - USD ($)
3 Months Ended
Sep. 30, 2022
Sep. 30, 2021
REVENUE    
Revenue
OPERATING EXPENSES    
Administration expenses 465,132 431,740
Occupancy expenses - related party 6,373 7,736
Research and development 101,325 46,554
TOTAL OPERATING EXPENSES 572,830 486,030
LOSS FROM OPERATIONS (572,830) (486,030)
OTHER INCOME (EXPENSE)    
Interest expense (162,752) (109,853)
Interest income 2
Change in fair value of derivative liabilities 65,173 (3,904)
Gain from settlement of accounts payable 17,499
Loss on extinguishment of debt, net (610)
Foreign currency transaction gain 36,223 109,129
TOTAL OTHER EXPENSE, NET (44,465) (4,628)
LOSS BEFORE TAXES (617,295) (490,658)
Tax benefit
NET LOSS (617,295) (490,658)
Deemed Dividend (389,235) (114,844)
NET LOSS AVAILABLE TO COMMON STOCKHOLDERS $ (1,006,530) $ (605,502)
BASIC AND DILUTED NET LOSS PER SHARE AVAILABLE TO COMMON STOCKHOLDERS $ (0.00) $ (0.02)
BASIC AND DILUTED WEIGHTED AVERAGE SHARES OUTSTANDING 473,589,083 27,142,519
OTHER COMPREHENSIVE INCOME    
Unrealized foreign currency translation gain $ 126,396 $ 64,193
TOTAL OTHER COMPREHENSIVE INCOME 126,396 64,193
TOTAL COMPREHENSIVE LOSS $ (880,134) $ (541,309)