Consolidated Balance Sheets - USD ($)
|
Jun. 30, 2020 |
Jun. 30, 2019 |
| CURRENT ASSETS: |
|
|
| Cash |
$ 67,007
|
$ 2,394
|
| GST tax receivable |
2,015
|
5,439
|
| Prepaid expenses and other current assets |
|
83,299
|
| TOTAL CURRENT ASSETS |
69,022
|
91,132
|
| Security deposit - related party |
2,067
|
2,103
|
| Operating lease right-of-use assets, net - related party |
21,682
|
|
| Property and equipment, net |
5,747
|
8,417
|
| TOTAL ASSETS |
98,518
|
101,652
|
| CURRENT LIABILITIES: |
|
|
| Accounts payable |
842,156
|
917,337
|
| Accrued expenses and other payables |
702,231
|
723,042
|
| Convertible notes and related accrued interest and premiums, net of discounts |
1,557,734
|
1,657,377
|
| Operating lease liability - related party |
25,072
|
|
| Embedded conversion option liabilities |
177,009
|
698,264
|
| Due to former director - related parties |
30,639
|
31,164
|
| Loans from directors and officer - related parties |
50,993
|
51,867
|
| Employee benefit liability |
354,109
|
323,837
|
| TOTAL CURRENT LIABILITIES |
3,739,943
|
4,402,888
|
| TOTAL LIABILITIES |
3,739,943
|
4,402,888
|
| Commitments and Contingencies (See Note 9) |
|
|
| STOCKHOLDERS' DEFICIT: |
|
|
| Common stock, $0.001 par value; 1,000,000,000 shares authorized; 258,120,381 and 968,042 shares issued; 258,120,332 and 967,993 outstanding as of June 30, 2020 and 2019, respectively |
258,120
|
968
|
| Additional paid-in capital |
50,656,031
|
45,713,322
|
| Accumulated other comprehensive income |
1,267,671
|
1,066,998
|
| Accumulated deficit |
(55,781,770)
|
(51,041,047)
|
| Treasury stock (49 shares) |
(46,477)
|
(46,477)
|
| TOTAL STOCKHOLDERS' DEFICIT |
(3,641,425)
|
(4,301,236)
|
| TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT |
98,518
|
101,652
|
| Series A Preferred Stock [Member] |
|
|
| STOCKHOLDERS' DEFICIT: |
|
|
| Preferred stock, 1,500,005 shares authorized, $0.01 par value: |
5,000
|
5,000
|
| TOTAL STOCKHOLDERS' DEFICIT |
5,000
|
5,000
|
| Series B Preferred Stock [Member] |
|
|
| STOCKHOLDERS' DEFICIT: |
|
|
| Preferred stock, 1,500,005 shares authorized, $0.01 par value: |
|
|
| TOTAL STOCKHOLDERS' DEFICIT |
|
|