XML 16 R4.htm IDEA: XBRL DOCUMENT v3.20.2
Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($)
12 Months Ended
Jun. 30, 2020
Jun. 30, 2019
REVENUES    
License revenues $ 28,915 $ 88,001
GROSS MARGIN 28,915 88,001
OPERATING EXPENSES    
Research and development 8,311 27,226
Professional fees 161,036 209,516
General and administrative 39,753 188,894
Depreciation and amortization 1,209 0
Total Operating Expenses 210,309 425,636
OPERATING LOSS (181,394) (337,635)
OTHER INCOME (EXPENSE)    
Loss on out of court settlement (6,714) 0
Gain on foreign exchange 3,680 6,807
Interest expense (14,098) (11,686)
Total other income (expense) (17,132) (4,879)
LOSS BEFORE INCOME TAXES AND NON-CONTROLLING INTEREST (198,526) (342,514)
Provision for income taxes 0 0
NET LOSS BEFORE NON-CONTROLLING INTEREST (198,526) (342,514)
Less: Net loss attributable to non-controlling interest 5,785 18,938
NET LOSS ATTRIBUTABLE TO COMMON STOCKHOLDERS (192,741) (323,576)
OTHER COMPREHENSIVE LOSS    
Foreign currency translation adjustments 460 (1,474)
COMPREHENSIVE LOSS $ (198,066) $ (343,988)
BASIC AND DILUTED LOSS PER SHARE $ (0.00) $ (0.00)
NUMBER OF SHARES OUTSTANDING 201,746,752 197,127,973