Quarterly report pursuant to Section 13 or 15(d)

Notes Payable (Tables)

v3.20.4
Notes Payable (Tables)
6 Months Ended
Dec. 31, 2020
Debt Disclosure [Abstract]  
Schedule of notes payable

    Principal
($)
    Debt Discount ($)     Net
Value
($)
 
Balance at June 30, 2019     1,748,000       (630,259 )     1,117,741  
Convertible notes payable issued during fiscal year ended June 30, 2020     2,148,400       -       2,148,400  
Notes converted into shares of common stock     (961,000 )     -       (961,000 )
Debt discount associated with new convertible notes     -       (1,684,711 )     (1,684,711 )
Amortization of debt discount     -       1,709,759       1,709,759  
Balance at June 30, 2020     2,935,400       (605,211 )     2,330,189  
Convertible notes payable issued during six months ended December 31, 2020     617,100       -       617,100  
Notes converted into shares of common stock     (562,000 )     -       (562,000 )
Debt discount associated with new convertible notes     -       (373,612 )     (373,612 )
Amortization of debt discount     -       576,787       576,787  
True-up adjustment in debt discount and derivative liability     -       (37,360 )     (37,360 )
Balance at September 30, 2020     2,990,500       (439,396 )     2,551,104