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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
6 Months Ended
Dec. 31, 2023
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES  
Schedule of Potential dilutive common shares

 

 

December 31,

 

 

June 30,

 

 

 

2023

 

 

2023

 

Weighted average common shares outstanding

 

 

57,608,052

 

 

 

6,306,120

 

Effect of dilutive securities-when applicable:

 

 

 

 

 

 

 

 

Convertible promissory notes

 

 

24,712,177

 

 

 

38,998,249

 

Preferred stock

 

 

11,348

 

 

 

11,348

 

Common stock options

 

 

2,222

 

 

 

2,222

 

Warrants

 

 

5,114,576

 

 

 

5,115,207

 

Fully diluted earnings per share—adjusted weighted-average shares and assumed conversions

 

 

87,448,375

 

 

 

50,433,146