CONSOLIDATED BALANCE SHEETS - USD ($)
|
Jun. 30, 2016 |
Jun. 30, 2015 |
| CURRENT ASSETS: |
|
|
| Cash |
$ 121,070
|
$ 107,627
|
| GST tax receivable |
29,355
|
11,647
|
| Prepaid expenses and other current assets |
210,122
|
502,616
|
| Prepaid rent - related party |
2,220
|
0
|
| TOTAL CURRENT ASSETS |
362,767
|
621,890
|
| Security deposit |
1,628
|
1,684
|
| Security deposit - related party |
2,220
|
0
|
| Property and equipment, net |
12,527
|
3,494
|
| TOTAL ASSETS |
379,142
|
627,068
|
| CURRENT LIABILITIES: |
|
|
| Accounts payable |
370,093
|
236,466
|
| Accrued expenses and other payables |
137,487
|
386,311
|
| Convertible notes and related accrued interest, net of discount and premiums |
1,202,523
|
1,794,375
|
| Loans payable |
2,220
|
27,558
|
| Embedded conversion option liabilities |
994,343
|
780,281
|
| Warrant derivative liability |
55,839
|
269,648
|
| Due to directors - related parties |
33,943
|
35,108
|
| Loans from directors and officer - related parties |
54,767
|
79,416
|
| Employee benefit liability |
93,220
|
71,421
|
| TOTAL CURRENT LIABILITIES |
2,944,435
|
3,680,584
|
| Commitments and Contingencies (See Note 9) |
|
|
| STOCKHOLDERS' DEFICIT: |
|
|
| Common stock, $0.001 par value; 2,000,000,000 shares authorized; 728,616,312 and 347,442,013 shares issued and outstanding as of June 30, 2016 and June 30, 2015, respectively |
728,617
|
347,442
|
| Additional paid-in capital |
26,945,849
|
17,458,745
|
| Accumulated other comprehensive income |
131,264
|
100,968
|
| Accumulated deficit |
(30,376,023)
|
(20,965,671)
|
| TOTAL STOCKHOLDERS' DEFICIT |
(2,565,293)
|
(3,053,516)
|
| TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT |
379,142
|
627,068
|
| Series A Preferred Stock [Member] |
|
|
| STOCKHOLDERS' DEFICIT: |
|
|
| Preferred stock value |
5,000
|
5,000
|
| TOTAL STOCKHOLDERS' DEFICIT |
5,000
|
5,000
|
| Series B Preferred Stock [Member] |
|
|
| STOCKHOLDERS' DEFICIT: |
|
|
| Preferred stock value |
0
|
0
|
| TOTAL STOCKHOLDERS' DEFICIT |
$ 0
|
$ 0
|