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DERIVATIVE FINANCIAL INSTRUMENTS (Tables)
12 Months Ended
Jun. 30, 2021
Jun. 30, 2020
DERIVATIVE FINANCIAL INSTRUMENTS    
Schedule of derivative financial instruments

 

 

June 30, 2021

 

The financings giving rise to derivative financial instruments

 

Indexed

 

 

Fair

 

 

Shares

 

Values

 

Compound embedded derivative

 

 

405,106

 

 

$

(254,700

)

  

 

 

June 30, 2020

 

The financings giving rise to derivative financial instruments

 

Indexed

 

 

Fair

 

 

Shares

 

 

Values

 

Compound embedded derivative

 

 

3,764,003,526

 

 

$

(257,493

)

 
Schedule of Fair value derivative liabilities

 

 

Years Ended

 

 

 

June 30,

2021

 

 

June 30,

2020

 

Compound embedded derivative

 

$

(223,264

)

 

$

97,024

 

Day one derivative loss

 

 

 -

 

 

 

-

 

Total derivative gain (loss)

 

$

(223,264

)

 

$

97,024

 

 
Schedule of Convertible Notes

 

 

 

 

 

June 30,

 

 

June 30,

 

 

 

Inception

 

 

2021

2020

 

Quoted market price on valuation date

 

$ 0.01

 

 

$ 1.35

 

 

$ 0.0002

 

Contractual conversion rate

 

$

 0.0054 - $0.0081

 

 

$

0.88 - $1.08

 

 

$

0.00010 - $0.00016

 

Range of effective contractual conversion rates

 

 

--

 

 

 

--

 

 

 

--

 

Contractual term to maturity

 

1.00 Year

 

 

0.23 Years

 

 

0.25 Years

 

Market volatility:

 

 

 

 

 

 

 

 

 

 

 

 

Volatility

 

138.28%-238.13

%

 

187.33

%

 

138.28%-238.13

%

Contractual interest rate

 

5%-12

%

 

5%-12

%

 

5%-12

%

 

 
Schedule of compound embedded derivatives

 

 

June 30,

2021

 

 

June 30,

2020

 

Beginning balance

 

$

257,493

 

 

$

534,491

 

Issuances:

 

 

 

 

 

 

 

 

Convertible Note Financing

 

 

-

 

 

 

-

 

Removals

 

 

-

 

 

 

-

 

Changes in fair value inputs and assumptions reflected

 

 

223,264

 

 

 

(97,024

)

Conversions

 

 

(257,493

)

 

 

(179,974

)

Ending balance

 

$

223,264

 

 

$

257,493

 

97024