Accrued Interest Payable

9 Months Ended

Mar. 31, 2021

Payables and Accruals [Abstract]

Accrued Interest Payable

Changes in accrued interest payable during the nine months ended March 31, 2021 is as follows:

Accrued interest payable at June 30, 2020	$	677,857
Interest expense accrued for the nine months ended March 31, 2021		94,289
Cash paid for accrued interest		(40,970	)
Conversion of accrued interest into common stock		(21,602	)
Accrued interest payable at March 31, 2021	$	709,574

Interest expense for the nine months ended March 31, 2021 was comprised of the following:

Interest expense for the nine months ended March 31, 2021	$	94,289
Amortization of debt discount on notes payable		153,290
Total interest expense for the nine months ended March 31, 2021	$	247,579