FAIR VALUE MEASUREMENTS (Tables)

9 Months Ended

Mar. 31, 2024

FAIR VALUE MEASUREMENTS

Schedule of Company's assets and liabilities measured at fair value on a recurring basis

	March 31, 2024						June 30, 2023
Description	Level 1		Level 2		Level 3		Level 1		Level 2		Level 3
Assets
Convertible Bridge Loans	$	—	$	—	$	—	$	—	$	—	$	247,254

Schedule of redemption feature component of convertible bridge loans

	Inception Dates
Quoted market price on valuation date	$0.017 - $0.05
Effective contractual conversion rates	$0.01 - $0.012
Contractual term to maturity	0.4 -3 year
Market volatility:
Volatility	115% - 137%
Risk-adjusted interest rate	4.32% - 5.14%

Schedule of carrying value of the Company's Level 3 instruments

	Period Ended March 31,			Year Ended June 30,
	2024			2023
Balances at beginning of period	$	247,254		$	-
Issuances:
Convertible Bridge Loans		-			189,886
Changes in fair value inputs and assumptions reflected in income		2,448			57,368
Reclassified from fair value to straight debt		(249,702	)		-
Balances at end of period	$	-		$	247,254