Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

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Condensed Consolidated Balance Sheets - USD ($)
Dec. 31, 2022
Jun. 30, 2022
CURRENT ASSETS:    
Cash $ 24,476 $ 4,067
GST tax receivable 4,543 2,342
Prepaid expenses and other current assets 25,207 8,621
TOTAL CURRENT ASSETS 54,226 15,030
Security deposit - related party 2,042 2,075
Operating lease right-of-use assets, net - related party 50,671 62,523
Property and equipment, net 1,083 2,023
TOTAL ASSETS 108,022 81,651
CURRENT LIABILITIES:    
Accounts payable 914,491 943,023
Accrued expenses and other payables 556,114 466,115
Accrued interest 59,733 57,822
Loan payable 65,280
Note payable, net of debt discount 72,404
Convertible notes, net of discounts and including premiums 633,740 926,438
Operating lease liability - related party, current portion 21,102 20,605
Embedded conversion option liabilities 10,623 151,262
Due to former director - related party 30,257 30,746
Loan from former director - related party 50,357 51,171
Employee benefit liability 578,453 415,799
TOTAL CURRENT LIABILITIES 2,992,554 3,062,981
NON-CURRENT LIABILITIES:    
Operating lease liability - long-term portion - related party 30,885 42,319
TOTAL NON-CURRENT LIABILITIES 30,885 42,319
TOTAL LIABILITIES 3,023,439 3,105,300
Commitments and Contingencies (See Note 8)
STOCKHOLDERS’ DEFICIT:    
Common stock, $0.001 par value; 10,000,000,000 shares authorized; 1,245,699,501 and 220,350,921 shares issued and outstanding as of December 31, 2022 and June 30, 2022, respectively 1,245,700 220,351
Common stock issuable (59 and 19,597,024 shares as of December 31, 2022 and June 30, 2022, respectively) 19,597
Additional paid-in capital 57,696,390 57,124,982
Subscription receivable (23,758)
Accumulated other comprehensive income 1,253,133 1,234,549
Accumulated deficit (63,069,163) (61,557,893)
Treasury stock (1 share) (46,477) (46,477)
TOTAL STOCKHOLDERS’ DEFICIT (2,915,417) (3,023,649)
TOTAL LIABILITIES AND STOCKHOLDERS’ DEFICIT 108,022 81,651
Series A Preferred Stock [Member]    
STOCKHOLDERS’ DEFICIT:    
Preferred stock value 5,000 5,000
Series B Preferred Stock [Member]    
STOCKHOLDERS’ DEFICIT:    
Preferred stock value