PROMISSORY NOTES (Tables)

3 Months Ended

Sep. 30, 2022

PROMISSORY NOTES

Schedule of fair value of the outstanding promissory notes

Risk free rate	0.268	%
Credit spread	6.513	%
Liquidity risk premium	5.000	%

Schedule of beginning and ending balances of notes payable

	September 30,		June 30,
	2022		2022
Balance at the beginning of period or year	$	18,484,028	$	16,535,942
Interest expense		526,227		1,948,086
Balance at the end of period or year	$	19,010,255	$	18,484,028