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CONVERTIBLE LOANS (Tables)
12 Months Ended
Jun. 30, 2019
CONVERTIBLE LOANS (Tables)  
Schedule of convertible debt

 

 

June 30,

 

June 30,

 

2019

 

2018

 

March 2015 Note

 

$

-

 

$

-

 

November 2016 Note -1

 

147,000

 

150,000

 

Convertible notes - Issued in fiscal year 2018

 

49,438

 

195,614

 

Convertible notes - Issued in fiscal year 2019

 

105,000

 

-

 

Total convertible notes payable

 

301,438

 

345,614

 

Accrued interest

 

28,794

 

27,177

 

Less: Unamortized debt discount

 

(15,000

)

 

(81,968

)

Total convertible notes

 

315,232

 

290,823

 

Less: current portion of convertible notes

 

315,232

 

290,823

 

Long-term convertible notes

 

$

-

 

$

-

 

Schedule of stockholders equity note warrants or rights

 

 

Warrants Outstanding

 

Weighted Average

 

Shares

 

Exercise Price

 

Outstanding, June 30, 2017

 

5,000,000

 

$

0.03

 

Granted

 

437,235,000

 

0.0002

 

Reset feature

 

150,681,818

 

0.0001

 

Exercised

 

-

 

-

 

Forfeited/canceled

 

-

 

-

 

Outstanding, June 30, 2018

 

592,916,818

 

$

0.0004

 

Granted

 

800,000,000

 

-

 

Reset feature

 

193,181,818

 

0.0000

 

Exercised

 

-

 

-

 

Forfeited/canceled

 

-

 

-

 

Outstanding, June 30, 2019

 

1,586,098,636

 

$

0.0002

 

Summarizes relating to outstanding and exercisable warrants

 

Warrants Outstanding

 

Warrants Exercisable

 

Number of

Shares

 

Weighted Average

Remaining

Contractual life

(in years)

 

Weighted

Average

Exercise

Price

 

Number of

Shares

 

Weighted

Average

Exercise

Price

 

5,000,000

 

0.38

 

$

0.03

 

5,000,000

 

$

0.03

 

386,363,636

 

3.29

 

$

0.000055

 

386,363,636

 

$

0.000055

 

1,194,735,000

 

1.99

 

$

0.0001

 

1,194,735,000

 

$

0.0001

 

1,586,098,636

 

2.30

 

$

0.0002

 

1,586,098,636

 

$

0.0002