Quarterly report pursuant to Section 13 or 15(d)

Unaudited Condensed Consolidated Statements of Cash Flows

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Unaudited Condensed Consolidated Statements of Cash Flows - USD ($)
 6 Months Ended
Dec. 31, 2018
Dec. 31, 2017
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (972,011) $ (2,218,513)
Adjustments to reconcile net loss to net cash used in operations activities:    
Stock issued for services 111,233 260,156
Stock issued for conversion of debt 117,000
Stock issued as part of loan agreement 19,363 3,988
Amortization of debt discount and deferred financing fees 1,026,471 679,714
Change in derivative liability (781,127) 250,465
Change in accounts receivable 61
Change in inventory 6,296 85,750
Change in other current assets (17,917) (71,475)
Change in accounts payable 11,811 23,937
Change in accrued expenses (24,000) 12,000
Net cash used in operating activities (619,882) (856,917)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from the sale of stock 36,117
Proceeds from the issuance of debt-net 756,005 884,093
Advance from shareholders 10,800
Repayment of short-term debt (1,000) (1,096)
Repayment of convertible debt (102,076) (75,000)
Net cash provided by financing activities 652,928 854,914
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 33,046 (2,004)
Cash and cash equivalents, beginning of period 48,440 14,326
Cash and cash equivalents, end of period 81,487 12,322
Cash Paid For:    
Interest 19,363 30
Income taxes
Summary of Non-Cash Investing and Financing Information:    
Debt discount due to beneficial conversion feature 871,755
Value of embedded derivative liabilities 101,511
Stock issued for conversion of debt $ 347,500 $ 0