Quarterly report pursuant to Section 13 or 15(d)

Subsequent Events

Subsequent Events
9 Months Ended
Mar. 31, 2020
Subsequent Events [Abstract]  
Subsequent Events

17. Subsequent Events On April 30, 2020 the Company entered into a convertible promissory note and security purchase agreement funded May 1, 2020, in the net amount of $187,000. The lender was Eagle Equities, LLC.
    On May 11, 2020, The Company issued 215,000 shares to vendors and consultants for services provided.  
    The Company continues to monitor the ongoing impact of the conroavirus pandemic on our operations and our market. This is an evolving situation, and one that contains certain positive components, and certain negative components for our business, addressed extensively in Management's Discussion and Analysis of our Financial Statements. As such, the outcome of the impact on our Company remains uncertain.

In April, 2020, the Company successfully negotiated a Debt Incentive Agreement with one of its creditors to whom it owed $731,118. This Debt Incentive Agreement provides for the elimination of the entire debt should the Company make payments in calendar 2020 totaling $166,224 in cash, and approximately 4,000 pints of ice cream. Because this reduction in debt is conditional, the full $731,118.33 is currently included in the liabilities section of our balance sheet. Should the Company make the payment and retire the debt during calendar 2020, The Company would realize a Gain on Extinguishment of Debt of approximately $560,000.