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CONVERTIBLE NOTES PAYABLE AND NOTES PAYABLE (Tables)
3 Months Ended
Sep. 30, 2024
CONVERTIBLE NOTES PAYABLE AND NOTES PAYABLE  
Schdule of Convertible debentures

 

 

September 30,

 

 

June 30,

 

 

 

2024

 

 

2024

 

Convertible notes payable

 

$293,046

 

 

$541,383

 

Discount on convertible notes

 

 

(4,523 )

 

 

(7,022 )

Convertible notes, net

 

$288,523

 

 

$534,361

 

Schedule of convertible notes payable

Convertible payable at June 30, 2024

 

$534,361

 

Convertible notes issued during the three months ended September 30, 2024

 

 

-

 

Convertible notes repaid in cash

 

 

-

 

Discount amortization related to convertible notes payable

 

 

2,499

 

Write off of convertible note principal balance

 

 

(208,500 )

Conversion of convertible notes payable into common stock

 

 

(39,838 )

Convertible payable at September 30, 2024

 

$288,523

 

Schdule of conversion of debt of common shares

 

 

 

 

Amount of

 

 

 Amount of

 

 

 

 

 

 

Conversion

 

 

 

Shares

 

 

Converted

 

 

 Converted

 

 

Conversion

 

 

 

 

Price

 

Name

 

Issued

 

 

Principal

 

 

Interest

 

 

Expense

 

 

Total

 

 

Per Share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Mast Hill

 

 

10,691,000

 

 

 

39,838

 

 

 

3,315

 

 

 

1,750

 

 

 

44,902

 

 

 

0.0042

 

Total

 

 

10,691,000

 

 

$39,838

 

 

$3,315

 

 

$1,750

 

 

$44,902

 

 

$0.0042

 

Schedule of Gain on extinguishment of debt

Accrued interest expense

 

361,559

 

Convertible notes payable

 

 

208,500

 

Promissory notes payable

 

 

155,000

 

 Gain on extinguishment of debt for the three months ended September 30, 2024

 

$725,059

 

Schedule of recap of gain on extinguishment of debt

Loss on extinguishment of debt related to payoff of convertible note

 

$(12,035 )

Gain on extinguishment of debt related to note conversions

 

 

66,765

 

Gain on extinguishment of debt for the three months ended September 30, 2023

 

$54,730