v3.8.0.1
Unaudited Condensed Consolidated Statements of Cash Flows - USD ($)
9 Months Ended
Mar. 31, 2018
Mar. 31, 2017
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (3,578,315) $ (422,334)
Adjustments to reconcile net loss to net cash used in operations activities:    
Stock issued for services 476,900 141,800
Stock issued as part of loan agreement 9,517 5,000
Amortization of debt discount and deferred financing fees 1,499,255 4,922
Change in derivative liability 187,255
Change in accounts receivable 382 (2,980)
Change in inventory (29,986) 18,145
Change in other current assets 1,170 1,400
Change in accounts payable (21,425) 19,444
Change in accrued expenses 18,000 54,000
Net cash used in operating activities (1,437,247) (180,602)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from the sale of stock 36,117 10,000
Proceeds from the issuance of debt-net 1,714,093 262,750
Advance from shareholders 10,800 21,984
Repayment to shareholders (43,989)
Repayment of short-term debt (1,496) (2,089)
Repayment of related party advance (11,795) (1,000)
Repayment of convertible debt (316,500)
Net cash provided by financing activities 1,431,219 247,656
NET (DECREASE) IN CASH AND CASH EQUIVALENTS (6,028) 67,055
Cash and cash equivalents, beginning of period 14,326 5,481
Cash and cash equivalents, end of period 8,298 72,536
Cash Paid For:    
Interest 20,723 1,029
Income taxes
Summary of Non-Cash Investing and Financing Information:    
Debt discount due to beneficial conversion feature 1,559,886 261,596
Value of embedded derivative liabilities 522,722
Stock issued for conversion of debt $ 292,901

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