Schedule of convertible notes payable |
|
|
Principal
($) |
|
|
Debt
Discount ($) |
|
|
Net
Value ($) |
|
Balance
at June 30, 2018 |
|
|
1,576,024 |
|
|
|
(942,154 |
) |
|
|
633,870 |
|
Convertible
notes payable issued during fiscal year ended June 30, 2019 |
|
|
1,602,005 |
|
|
|
- |
|
|
|
1,602,005 |
|
Note
paid |
|
|
(102,076 |
) |
|
|
- |
|
|
|
(102,076 |
) |
Notes
converted into shares of common stock |
|
|
(1,327,953 |
) |
|
|
- |
|
|
|
(1,327,953 |
) |
Debt
discount associated with new convertible notes |
|
|
- |
|
|
|
(1,482,314 |
) |
|
|
(1,482,314 |
) |
Amortization
of debt discount |
|
|
- |
|
|
|
1,794,209 |
|
|
|
1,794,209 |
|
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 |
|
|