Quarterly report pursuant to Section 13 or 15(d)

Debt (Tables)

v3.22.2.2
Debt (Tables)
3 Months Ended
Sep. 30, 2022
Debt Disclosure [Abstract]  
Schedule of convertible notes payable
    Principal
($)
   

Stock-

settled Debt

($)

    Debt Discount
($)
    Net Value
($)
 
Balance at June 30, 2021    
-
     
-
     
-
     
-
 
Convertible notes payable issued during fiscal year ended June 30, 2022     1,086,957                       1,086,957  
Debt discount associated with new convertible notes                     (1,018,229 )     (1,018,229 )
Conversion price adjusted from $0.25 to $0.20             217,391       (217,391 )    
-
 
Amortization of debt discount                     275,423       275,423  
Balance at June 30, 2022     1,086,957       217,391       (960,197 )     344,151  
Cash repayment     (289,855 )                     (289,855 )
Gain on extinguish of portion of principal             (57,971 )             (57,971 )
Amortization of debt discount                     539,570       539,570  
Balance at September 30, 2022     797,102       159,420       (420,627 )     535,895  

  

Schedule of promissory notes payable
   

Principal

$

   

Debt Discount

$

    Net Value
$
 
Balance at June 30, 2022    
-
     
-
     
-
 
Promissory notes payable issued during the three months ended September 30, 2022     700,000               700,000  
Debt discount associated with Promissory notes             (347,070 )     (347,070 )
Amortization of debt discount             4,975       4,975  
Balance at September 30, 2022   $ 700,000     $ (341,095 )   $ 358,905