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Fair Value Measurements (Tables)
9 Months Ended
Mar. 31, 2022
Fair Value Disclosures [Abstract]  
Schedule of fair values determined by level 3 inputs
      

At March 31, 2022

 

Total

Level 1

Level 2

Level 3

 

Derivative liability, convertible note features

$              -

$            -

$             -

$               -

 

 

 

 

 

 

 

 

 

 

 

 

At June 30, 2021

 

Total

Level 1

Level 2

Level 3

 

 

 

 

 

 

 

Derivative liability, convertible note features

$1,842,000

$        -

$       -

$1,842,000

 

Schedule of derivative liability valued using monte carlo pricing model

At June 30, 2021

 

 

 

Risk-free interest rate:

 

0.17%

 

Expected dividend yield:

 

0.00%

 

Expected stock price volatility:

 

295.00%

 

Expected option life in years:

 

.037 to .70 years

 

Schedule of reconciliation of changes in fair value of convertible debt

Balance at June 30, 2021

$

1,842,000

Realized

 

                     (1,842,000)

Unrealized

 

-

Balance at March 31, 2022

$

-

 

 

 

Balance at June 30, 2020

$

246,612

Convertible securities at inception

 

4,000

Realized

 

  (80,924)

Unrealized

 

1,672,312

Balance at June 30, 2021

$

 1,842,000