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CONVERTIBLE NOTES PAYABLE (Tables)
12 Months Ended
Jun. 30, 2025
CONVERTIBLE NOTES PAYABLE  
Convertible notes payable, net of discount

 

 

June 30,

 

 

June 30,

 

Convertible Notes Payable

 

2025

 

 

2024

 

Convertible notes payable (10% interest)

 

$1,885,000

 

 

$2,180,000

 

Less unamortized discount

 

 

(31,677 )

 

 

(47,471 )

Total face value

 

$1,853,323

 

 

$2,132,529

 

Redemption feature component of the warrants

Quoted market price on valuation date

 

$0.016 - $0.022

 

Effective contractual conversion rates

 

$0.01

 

Contractual term to maturity

 

3 years

 

Market volatility:

 

 

 

 

Volatility

 

137.43% - 137.86%

 

Risk-adjusted interest rate

 

4.33% - 4.39%