Quarterly report pursuant to Section 13 or 15(d)

Unaudited Condensed Consolidated Statements of Cash Flows

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Unaudited Condensed Consolidated Statements of Cash Flows - USD ($)
6 Months Ended
Dec. 31, 2017
Dec. 31, 2016
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (2,218,513) $ (158,538)
Adjustments to reconcile net loss to net cash used in operations activities:    
Stock issued for services 260,156 51,500
Stock issued for conversion of debt 117,000
Stock issued as part of loan agreement 3,988 5,000
Amortization of debt discount and deferred financing fees 679,714
Change in derivative liability 250,465
Change decrease in accounts receivable 61 (9,677)
Change in inventory 85,750 11,611
Change in other current assets (71,475) 1,400
Change in accounts payable 23,937 33,071
Change in accrued expenses 12,000 36,000
Net cash used in operating activities (856,917) (29,633)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from the sale of stock 36,117 10,000
Proceeds from the issuance of debt-net 884,093
Advance from shareholders 10,800 21,984
Advance from related party 28
Repayment of short-term debt (1,096) (1,464)
Repayment of related party advance (1,000)
Repayment of convertible debt (75,000)
Net cash provided by financing activities 854,914 29,548
NET (DECREASE) IN CASH AND CASH EQUIVALENTS (2,004) (86)
Cash and cash equivalents, beginning of period 14,326 5,481
Cash and cash equivalents, end of period 12,322 5,396
Cash Paid For:    
Interest 30 301
Income taxes
Summary of Non-Cash Investing and Financing Information:    
Debt discount due to beneficial conversion feature 871,755
Value of embedded derivative liabilities $ 101,511