Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($) |
3 Months Ended | 12 Months Ended | ||
|---|---|---|---|---|
Sep. 30, 2021 |
Sep. 30, 2020 |
Jun. 30, 2021 |
Jun. 30, 2020 |
|
| REVENUE | ||||
| Revenue | ||||
| OPERATING EXPENSES | ||||
| Administration expenses | 431,740 | 323,111 | 1,553,075 | 3,281,464 |
| Occupancy expenses | 7,736 | 9,204 | 28,112 | 32,809 |
| Research and development | 46,554 | 50,846 | 230,956 | 179,987 |
| TOTAL OPERATING EXPENSES | 486,030 | 383,161 | 1,812,143 | 3,494,260 |
| LOSS FROM OPERATIONS | (486,030) | (383,161) | (1,812,143) | (3,494,260) |
| OTHER INCOME (EXPENSE) | ||||
| Interest expense | (109,853) | (159,281) | (449,457) | (1,748,381) |
| Interest income | 1 | 946 | ||
| Other income | 57,636 | |||
| Change in fair value of derivative liabilities | (3,904) | 64,952 | (8,186) | 385,293 |
| Gain from settlement of debt, net | 49,319 | |||
| Gain on extinguishment of debt, net | 49,985 | 50,607 | 67,123 | |
| Foreign currency transaction gain | 109,129 | 1,960 | 30,497 | (143,808) |
| TOTAL OTHER EXPENSE, NET | (4,628) | (42,384) | (327,219) | (1,381,191) |
| LOSS BEFORE TAXES | (490,658) | (425,545) | (2,139,362) | (4,875,451) |
| Tax benefit | 113,415 | 134,728 | ||
| NET LOSS | (490,658) | (425,545) | (2,025,947) | (4,740,723) |
| Deemed Dividend | (114,844) | (391,749) | ||
| NET LOSS AVAILABLE TO COMMON STOCKHOLDERS | $ (605,502) | $ (425,545) | $ (2,417,696) | $ (4,740,723) |
| BASIC AND DILUTED NET LOSS PER SHARE | $ (0.02) | $ (0.71) | $ (0.80) | $ (192.45) |
| BASIC AND DILUTED WEIGHTED AVERAGE SHARES OUTSTANDING | 27,142,519 | 597,314 | 3,032,612 | 24,634 |
| NET LOSS AVAILABLE TO COMMON STOCKHOLDERS | $ (605,502) | $ (425,545) | $ (2,417,696) | $ (4,740,723) |
| OTHER COMPREHENSIVE INCOME (LOSS) | ||||
| Unrealized foreign currency translation gain (loss) | 64,193 | (75,755) | (182,467) | 200,673 |
| TOTAL OTHER COMPREHENSIVE INCOME (LOSS) | 64,193 | (75,755) | (182,467) | 200,673 |
| TOTAL COMPREHENSIVE LOSS | $ (541,309) | $ (501,300) | $ (2,600,163) | $ (4,540,050) |