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STOCKBASED COMPENSATION (Tables)
3 Months Ended
Sep. 30, 2024
STOCKBASED COMPENSATION  
Valuation assumptions

 

 

Year ended June 30,

 

 

 

2024

 

 

2023

 

Expected volatility

 

-

 

-

Expected term

 

 

-

 

 

 

-

 

Risk-free interest rate

 

-

 

-

Forfeiture Rate

 

-

 

-

Expected dividend yield

 

-

 

-

Schedule of stock options outstanding

 

 

 

 

Weighted Average

 

 

 

 

Weighted

 

 

 

 

 

Exercise

 

 

Grant Date

Fair

 

 

Aggregate

Intrinsic

 

 

Average

Remaining

 

 

 

Shares

 

 

Price

 

 

Value

 

 

Value

 

 

Term (Yrs)

 

Options

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

At June 30, 2024

 

 

2,222

 

 

$27.00

 

 

$-

 

 

$-

 

 

 

1.59

 

Granted

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

 

 

Exercised

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

 

 

Forfeiture and cancelled

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

 

 

At September 30, 2024

 

 

2,222

 

 

$27.00

 

 

$-

 

 

$-

 

 

 

1.59

 

Schedule of employee outstanding stock options

 

 

Outstanding Options

 

 

Vested Options

 

 

 

Number

 

 

 

 

 

 

 

 

Number

 

 

 

 

 

 

 

 

 

Outstanding

 

 

Weighted

 

 

Weighted

 

 

Exercisable

 

 

Weighted

 

 

Weighted

 

 

 

at

 

 

Averaged

 

 

Averaged

 

 

at

 

 

Averaged

 

 

Averaged

 

 

 

September 30,

 

 

Remaining

 

 

Exercise

 

 

September 30,

 

 

Exercise

 

 

Remaining

 

Range of Exercise Price

 

2024

 

 

Life

 

 

Price

 

 

2024

 

 

Price

 

 

Life

 

$27.00

 

 

2,222

 

 

 

1.59

 

 

$27.00

 

 

 

2,222

 

 

$27.00

 

 

 

1.59

 

Outstanding options

 

 

2,222

 

 

 

1.59

 

 

$27.00

 

 

 

2,222

 

 

$27.00

 

 

 

1.59

 

Schedule of restricted stock activity

 

 

For the three months ended

 

 

 

September 30, 2024

 

 

 

 

 

 

Weighted

 

 

 

 

 

 

Average

 

 

 

 

 

 

Grant Date

 

 

 

Shares

 

 

Fair Value

 

Unvested at June 30, 2024

 

 

-

 

 

$-

 

Granted

 

 

17,850,000

 

 

$0.00424

 

Forfeited

 

 

-

 

 

$-

 

Vested

 

 

(17,850,000 )

 

$0.00424

 

Unvested at September 30, 2024

 

 

-

 

 

$-