Quarterly report pursuant to Section 13 or 15(d)

Intangible asset ??? placement fee

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Intangible asset – placement fee
 6 Months Ended
Dec. 31, 2019
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
Intangible asset – placement fee
7. Intangible asset – placement fee ● Intangible asset consist of the following vendor deposits at December 31, 2019 and June 30, 2019.  This amount relates to distribution and marketing partnerships and placement fees.

 

    December 31,
2019		     June 30,
2019		  
Placement fees   $ 1,166,825     $        -  
Amortization of placement fee     (194,471 )     -  
                 
TOTAL   $ 972,354     $ -