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 |
|
|
(362,319 |
) |
|
|
|
|
|
|
|
|
|
|
(362,319 |
) |
Gain on extinguish of portion of principal |
|
|
|
|
|
|
(72,464 |
) |
|
|
|
|
|
|
(72,464 |
) |
Amortization of debt discount |
|
|
|
|
|
|
|
|
|
|
960,197 |
|
|
|
960,197 |
|
Penalty |
|
|
181,159 |
|
|
|
|
|
|
|
|
|
|
|
181,159 |
|
Conversion price change |
|
|
|
|
|
|
1,843,475 |
|
|
|
|
|
|
|
1,843,475 |
|
Balance at December 31, 2022 |
|
|
905,797 |
|
|
|
1,988,402 |
|
|
|
- |
|
|
|
2,894,199 |
|
|
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 |
|
|
|
|
|
|
(346,070 |
) |
|
|
(346,070 |
) |
Amortization
of debt discount |
|
|
|
|
|
|
69,256 |
|
|
|
69,256 |
|
Balance
at December 31, 2022 |
|
$ |
700,000 |
|
|
$ |
(276,814 |
) |
|
$ |
423,186 |
|
|