10-Q

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 10-Q

(Mark One)

☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended 

December 31, 2020

or

☐	TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
	For the transition period from ________________ to _____________________

Commission File Number 

333-188152

BIONOVATE TECHNOLOGIES CORP.

(Exact name of registrant as specified in its charter)

Nevada	33-1229553
(State or other jurisdiction of incorporation or organization)	(IRS Employer Identification No.)
Gewerbestrasse 10, Cham, Switzerland	6330
(Address of principal executive offices)	(Zip Code)

(646)224-1160

(Registrant’s telephone number, including area code)

N/A

(Former name, former address and former fiscal year, if changed since last report)

Securities registered pursuant to Section 12(b) of the Act:

Title of each class	Trading Symbol(s)	Name of each exchange on which registered
None	None	None

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. ☒ YES   ☐ NO

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). ☒ YES   ☐ NO

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.

Large accelerated filer	☐	Accelerated filer	☐
Non-accelerated filer	☒	Smaller reporting company	☒
		Emerging growth company	☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act) ☐ YES   ☒ NO

Indicate the number of shares outstanding of each of the issuer’s classes of common stock, as of the latest practicable date.

45,603,598 common shares issued and outstanding as of January 22, 2021.

TABLE OF CONTENTS

PART I - FINANCIAL INFORMATION		3
Item 1.	Financial Statements	3
Item 2.	Management's Discussion and Analysis of Financial Condition or Plan of Operation	13
Item 3.	Quantitative and Qualitative Disclosures About Market Risk	18
Item 4.	Controls and Procedures	18
PART II - OTHER INFORMATION		19
Item 1.	Legal Proceedings	19
Item 1A.	Risk Factors	19
Item 2.	Unregistered Sales of Equity Securities and Use of Proceeds	19
Item 3.	Defaults Upon Senior Securities	19
Item 4.	Mine Safety Disclosures	19
Item 5.	Other Information	19
Item 6.	Exhibits	20
SIGNATURES		21

2

PART I - FINANCIAL INFORMATION

Item 1. Financial Statements

Bionovate Technologies Corp

BALANCE SHEETS

(Unaudited)

	December 31,			June 30,
	2020			2020
ASSETS
Current Assets
Cash	$	-		$	-
Total Current Assets		-			-
TOTAL ASSETS	$	-		$	-
LIABILITIES AND STOCKHOLDERS' DEFICIT
Current Liabilities
Accounts payable and accrued liabilities	$	251,130		$	211,290
Due to related party		15,468			-
Convertible notes payable		185,375			185,375
Total Current Liabilities		451,973			396,665
TOTAL LIABILITIES		451,973			396,665
Stockholders' Deficit
Preferred stock: 90,000,000 authorized; $0.0001 par value - no shares issued and outstanding		-			-
Common stock: 100,000,000 authorized; $0.0001 par value
45,603,598 and 59,423,598 shares issued and outstanding		4,560			5,942
Additional paid in capital		2,297,015			2,295,633
Accumulated deficit		(2,753,548	)		(2,698,240	)
Total Deficit		(451,973	)		(396,665	)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	$	-		$	-

The accompanying notes are an integral part of these unaudited financial statements

3

Bionovate Technologies Corp

STATEMENT OF OPERATIONS

(Unaudited)

	Three Months Ended						Six Months Ended
	December 31,						December 31,
	2020			2019			2020			2019
Revenues	$	-		$	-		$	-		$	-
Operating Expenses
General and administration		850			-			850			-
Professional		19,838			10,950			23,460			24,362
Total operating expenses		20,688			10,950			24,310			24,362
Net loss from operations		(20,688	)		(10,950	)		(24,310	)		(24,362	)
Other income (expense)
Realized foreign currency gain (loss)		(282	)		(175	)		(282	)		(107	)
Interest expense		(11,464	)		(34,444	)		(30,716	)		(50,476	)
Total other expense		(11,746	)		(34,619	)		(30,998	)		(50,583	)
Net loss before taxes		(32,434	)		(45,569	)		(55,308	)		(74,945	)
Net loss	$	(32,434	)	$	(45,569	)	$	(55,308	)	$	(74,945	)
Basic and dilutive loss per share
Net loss	$	(0.00	)	$	(0.29	)	$	(0.00	)	$	(0.48	)
Weighted average number of shares outstanding		56,869,902			155,798			58,146,750			155,798

The accompanying notes are an integral part of these unaudited financial statements

4

Bionovate Technologies Corp

STATEMENT OF STOCKHOLDERS’ DEFICIENCY

(Unaudited)

For the Three and Six Months Ended December 31, 2020

							Additional
	Common Stock						Paid in		Accumulated
	Shares			Amount			Capital		Deficit			Total
Balance, June 30, 2020		59,423,598		$	5,942		$	2,295,633	$	(2,698,240	)	$	(396,665	)
Net loss		-			-			-		(22,874	)		(22,874	)
Balance, September 30, 2020		59,423,598		$	5,942		$	2,295,633	$	(2,721,114	)	$	(419,539	)
Cancellation of shares		(13,820,000	)		(1,382	)		1,382		-			-
Net loss		-			-			-		(32,434	)		(32,434	)
Balance, December 31, 2020		45,603,598		$	4,560		$	2,297,015	$	(2,753,548	)	$	(451,973	)

5

For the Three and Six Months Ended December 31, 2019

					Additional
	Common Stock				Paid in		Accumulated
	Shares		Amount		Capital		Deficit			Total
Balance, June 30, 2019		155,798	$	15	$	2,243,891	$	(2,576,195	)	$	(332,289	)
Beneficial conversion feature		-		-		526		-			526
Net loss		-		-		-		(29,376	)		(29,376	)
Balance, September 30, 2019		155,798	$	15	$	2,244,417	$	(2,605,571	)	$	(361,139	)
Beneficial conversion feature		-		-		18,892		-			18,892
Net loss		-		-		-		(45,569	)		(45,569	)
Balance, December 31, 2019		155,798	$	15	$	2,263,309	$	(2,651,140	)	$	(387,816	)

The accompanying notes are an integral part of these unaudited financial statements

6

Bionovate Technologies Corp

STATEMENT OF CASH FLOWS

(Unaudited)

	Six Months Ended
	December 31,
	2020			2019
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss	$	(55,308	)	$	(74,945	)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:
Expenses paid by convertible notes		-			19,418
Expenses paid by related party		15,468			-
Amortization of debt discount		-			19,418
Foreign currency adjustment		282			107
Changes in operating assets and liabilities:
Accounts payable and accrued liabilities		39,558			36,002
Net cash provided by operating activities		-			-
Net change in cash and cash equivalents		-			-
Cash and cash equivalents, beginning of period		-			-
Cash and cash equivalents, end of period	$	-		$	-
Supplemental cash flow information
Cash paid for interest	$	-		$	-
Cash paid for taxes	$	-		$	-
Non-cash transactions:
Beneficial conversion feature	$	-		$	19,418
Cancellation of shares	$	1,382		$	-

The accompanying notes are an integral part of these unaudited financial statements

7

Bionovate Technologies Corp

NOTES TO THE FINANCIAL STATEMENTS

December 31, 2020

NOTE 1 – NATURE AND CONTINUANCE OF OPERATIONS

Bionovate Technologies Corp. (the “Company”, or the “Corporation”) was incorporated in the state of Nevada, United States on October 24, 2012 under the name MJP International Ltd. On December 1, 2017, the Company’s corporate name was changed to Bionovate Technologies Corp.

The Corporation was formed and organized to capitalize on new opportunities found in the North American market for light-emitting diode (“LED”) lighting. With China as the manufacturing backbone of future LED products, the Corporation has set up an office in Guangzhou, China in search of high-quality products offered by reputable manufacturers to be introduced to Canada, the United States, and abroad. The Corporation has set out further details of the acquisition below as well as in Notes 3 and 4 to these consolidated financial statements.

Bionovate Technologies Corp. focuses on investments and the marketing of patents and licenses which bring healthcare and lifestyle diagnostics to your smartphone. With strong emphasis on digital transformation, the company intends to build an FDA-approved ecosystem of medical devices, biosensors and mobile applications to turn tests that were previously only done in physical labs into tests that can be carried through by anyone with a mobile device.

On October 7, 2020, Bionovate Technologies Corp. (the “Company”) entered into a Share Exchange Agreement (the “Share Exchange Agreement”) facilitated between Evergreen Solutions, Ltd, a private Company (“Evergreen”), and Human Data AG, a private Switzerland Company (“Human Data”).

Pursuant to the Share Exchange Agreement, in exchange for the acquisition of all of the outstanding Company shares which Evergreen owns, to wit, 54,270,000 shares (the “Exchange Shares”), the Company will receive 12,500 shares of Digital Diagnostics AG (“Digital”) owned by Human Data, which equates to 25% of the currently issued shares of Digital.

The Share Exchange Agreement contains customary representations and warranties made by the Company, on the one hand, and Evergreen and Human Data on the other hand, made solely for the benefit of the other, which in certain cases are subject to specified exceptions and qualifications contained in the Share Exchange Agreement or in information provided pursuant to certain disclosure schedules to the Share Exchange Agreement

The share exchange agreement gave the other party 90 days to transfer shares of Digital to Bionovate. Bionovate did not receive these shares yet and does not own any of Digital Diagnostics as of the date of this report.

GOING CONCERN

The accompanying financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America, which contemplate continuation of the Company as a going concern. However, the Company has an accumulated deficit at December 31, 2020 of $2,753,548, is in a net liability position and needs cash to maintain its operations.

These factors raise substantial doubt about the Company’s ability to continue as a going concern. The accompanying financial statements do not include any adjustments that might result from the outcome of this uncertainty. The Company’s continued existence is dependent upon management’s ability to develop profitable operations, continued contributions from the Company’s executive officers to finance its operations and the ability to obtain additional funding sources to explore potential strategic relationships and to provide capital and other resources for the further development and marketing of the Company’s products and business.

NOTE 2– SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Basis of Presentation

The accompanying unaudited financial statements have been prepared in accordance with generally accepted accounting principles for interim financial information and with the instructions for Form 10-Q and Article 210 8-03 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by generally accepted accounting principles for complete financial statements. In the opinion of management, all adjustments considered necessary for a fair presentation have been included. All such adjustments are of a normal recurring nature. Operating results for the three months ended December 31, 2020, are not necessarily indicative of the results that may be expected for the fiscal year ending June 30, 2021. For further information, refer to the financial statements and footnotes thereto included in the Corporation’s filed Form 10-K for the year ended June 30, 2020.

8

The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect application of policies and the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the year. Actual results could differ from these estimates. Estimates and their underlying assumptions are reviewed on an ongoing basis. Changes in estimates are recorded in the accounting period in which they are determined. The critical accounting estimates and assumptions in the accompanying unaudited condensed interim financial statements include the provision for unpaid loss and loss adjustment expenses which may result from product warranty provisions; valuation of deferred income taxes; valuation and impairment assessment of intangible assets; goodwill recoverability; and deferred acquisition costs.

Fair Value of Financial Instrument

The Corporation follows FASB ASC 820, Fair Value Measurements and Disclosures, for all financial instruments and non-financial instruments accounted for at fair value on a recurring basis. This new accounting standard establishes a single definition of fair value and a framework for measuring fair value, sets out a fair value hierarchy to be used to classify the source of information used in fair value measurement and expands disclosures about fair value measurements required under other accounting pronouncements. It does not change existing guidance as to whether or not an instrument is carried at fair value. The Corporation defines fair value as the price that would be received from selling an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date.

When determining the fair value measurements for assets and liabilities, which are required to be recorded at fair value, the Corporation considers the principal or most advantageous market in which the Corporation would transact and the market-based risk measurements or assumptions that market participants would use in pricing the asset or liability, such as inherent risk, transfer restrictions and credit risk.

The Corporation applies FASB ASC 825, Financial Instruments, which allows companies to choose to measure eligible financial instruments and certain other items at fair value that are not required to be measured at fair value. The Corporation has not elected the fair value option for any eligible financial instruments.

Basic and Diluted Loss per Common Stock

FASB ASC 260 requires dual presentation of basic and diluted earnings per share (EPS) with a reconciliation of the numerator and denominator of the EPS computations. Basic earnings per share amounts are based on the weighted average shares of common stock outstanding. If applicable, diluted earnings per stock would assume the conversion, exercise or issuance of all potential common stock instruments such as options, warrants and convertible securities, unless the effect is to reduce a loss or increase earnings per share. Diluted net income (loss) per common stock on the potential exercise of the equity-based financial instruments is not presented where anti-dilutive.

For the six months ended December 31, 2020 and 2019, the following common stock equivalents were excluded from the computation of diluted net loss per share as the result of the computation was anti-dilutive.

	December 31,		December 31,
	2020		2019
	(shares)		(shares)
Convertible notes		26,740,500		27,544,200

NOTE 3 – ACCOUNTS PAYABLE AND ACCRUED LIABILITEIS

As of December 31, 2020, and June 30, 2020, accounts payable and accrued liabilities consisted of as follows,

	December 31,		June 30,
	2020		2020
Accounts payable	$	47,479	$	25,702
Accrued expense		-		12,654
Accrued interest		162,626		131,909
Due to a former related party		41,025		41,025
	$	251,130	$	211,290

9

NOTE 4 – CONVERTIBLE NOTE

Convertible notes payable at December 31, 2020 and June 30,2020, consists of the following:

	December 31,		June 30,
	2020		2020
Dated November 1, 2016	$	4,439	$	4,439
Dated June 30, 2017		9,969		9,969
Dated April 1, 2018 - 1		10,000		10,000
Dated April 1, 2018 - 2		10,000		10,000
Dated June 30, 2018		28,376		28,376
Dated July 5, 2018 - 1		30,000		30,000
Dated July 5, 2018 - 2		15,000		15,000
Dated July 5, 2018 - 3		15,000		15,000
Dated December 31, 2018		17,302		17,302
Dated March 31, 2019		1,000		1,000
Dated June 30, 2019		17,037		17,037
Dated September 30, 2019		526		526
Dated December 31, 2019		18,892		18,892
Dated March 31, 2020		5,834		5,834
Dated June 30, 2020		2,000		2,000
Total convertible notes payable		185,375		185,375
Less: Unamortized debt discount		-		-
Total convertible notes		185,375		185,375
Less: current portion of convertible notes		185,375		185,375
Long-term convertible notes	$	-	$	-

For the six months ended December 31, 2020 and 2019, the Company recognized interest expense of $30,716 and $31,058 and amortization of discount, included in interest expense, of $0 and $19,418, respectively. As of December 31, 2020, and June 30, 2020, the Company recorded accrued interest of $162,626 and $131,909, respectively.

Dated November 1, 2016

On November 1, 2016, the Company issued a convertible note with a conversion price of $0.005 to extinguish debt of $18,239. The convertible note is unsecured, bears interest at 4% per annum and due and payable on November 1, 2017. The Company recorded a discount on the convertible note due to a beneficial conversion feature of $18,239.

Dated June 30, 2017

On June 30, 2017, the Company issued a convertible note with a conversion price of $0.01 to pay operating expenses of $9,969. The convertible note is unsecured, bears interest at 35% per annum, has no maturity date and due on demand. The Company recorded a discount on the convertible note due to a beneficial conversion feature of $9,969.

10

Dated April 1, 2018 – 1 and 2

On April 1, 2018, the Company issued 2 convertible notes totaling of $20,000 with a conversion price of $$0.01 to pay a purchase of a patent of $10,000. The convertible note is unsecured, bears interest at 45% per annum, has no maturity date and is due on demand. The Company recorded a discount on the convertible note due to a beneficial conversion feature of $20,000.

Dated June 30, 2018

On June 30, 2018, the Company issued a convertible note with a conversion price of $0.01 to pay operating expenses of $28,376. The convertible note is unsecured, bears interest at 30% per annum, has no maturity date and is due on demand. The Company recorded a discount on the convertible note due to a beneficial conversion feature of $28,376.

Dated July 5, 2018 – 1, 2 and 3

On June 30, 2018, the Company issued 3 convertible notes totaling of $60,000 with a conversion price of $0.01 to extinguish amounts due to related parties of $145,523. The convertible notes are unsecured, bears interest at 30% per annum, has no maturity date and is due on demand. The Company recorded a discount on the convertible notes due to a beneficial conversion feature of $60,000.

Dated December 31, 2018

On December 31, 2018, the Company issued a convertible note with a conversion price of $0.005 to pay operating expenses of $17,302. The convertible note is unsecured, bears interest at 35% per annum, has no maturity date and is due on demand. The Company recorded a discount on the convertible notes due to a beneficial conversion feature of $17,302.

Dated March 31, 2019

On March 31, 2019, the Company issued a convertible note with a conversion price of $0.01 to pay operating expenses of $6,427. The convertible note is unsecured, bears interest at 20% per annum, has no maturity date and is due on demand. The Company recorded a discount on the convertible notes due to a beneficial conversion feature of $6,427.

Effective January 28, 2020, the Company amended a convertible note. The Note reduces the interest rate from 20% to 0 and changes the conversion price from $0.01 to $0.0001.

Effective January 28, 2020, the Note of $6,427 was assigned to Evergreen Solutions Ltd., and $5,427 was immediately converted for the issuance of 54,270,000 shares of common stock of the Company resulting in a change of control.

Dated June 30, 2019

On June 30, 2019, the Company issued a convertible note with a conversion price of $0.005 to pay operating expenses of $17,037. The convertible note is unsecured, bears interest at 35% per annum, has no maturity date and is due on demand. The Company recorded a discount on the convertible notes due to a beneficial conversion feature of $17,037.

Dated September 30, 2019

On September 30, 2019, the Company issued a convertible note with a conversion price of $0.005 to pay operating expenses of $526. The convertible note is unsecured, bears interest at 35% per annum, has no maturity date and is due on demand. The Company recorded a discount on the convertible notes due to a beneficial conversion feature of $526.

Dated December 31, 2019

On December 31, 2019, the Company issued a convertible note with a conversion price of $0.005 to pay operating expenses of $18,892. The convertible note is unsecured, bears interest at 35% per annum, has no maturity date and is due on demand. The Company recorded a discount on the convertible notes due to a beneficial conversion feature of $18,892.

11

Dated March 31, 2020

On March 31, 2020, the Company issued a convertible note with a conversion price of $0.005 to pay operating expenses of $5,834. The convertible note is unsecured, bears interest at 35% per annum, has no maturity date and is due on demand. The Company recorded a discount on the convertible notes due to a beneficial conversion feature of $5,834.

Dated June 30, 2020

On June 30, 2020, the Company issued a convertible note with a conversion price of $0.001 to pay operating expenses of $2,000. The convertible note is unsecured, bears interest at 35% per annum, has no maturity date and is due on demand. The Company recorded a discount on the convertible notes due to a beneficial conversion feature of $2,000.

NOTE 5 - RELATED PARTY TRANSACTIONS

During the six months ended December 31, 2020, the Company’s sole officer paid $15,468 for operating expenses on behalf of the Company. As of December 31, 2020, the Company was obligated to the officer, for an unsecured, non-interest-bearing demand loan with a balance of $15,468.

NOTE 6 – EQUITY

Preferred Stock

The Company is authorized to issue 90,000,000 shares of preferred stock at a par value of $0.0001.

No shares were issued and outstanding as of December 31, 2020 and June 30,2020, respectively.

Common Stock

The Company is authorized to issue 100,000,000 shares of preferred stock at a par value of $0.0001.

During the six months ended December 31, 2020, 13,820,000 shares were canceled.

As of December 31, 2020 and June 30, 2020, 45,603,598 and 59,423,598 shares of common stock were issued and outstanding.

As of December 31, 2020, there were no warrants or options outstanding.

NOTE 7 – SUBSEQUENT EVENT

Management has evaluated subsequent events through the date these financial statements were available to be issued. Based on our evaluation no material events have occurred that require disclosure.

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Item 2. Management’s Discussion and Analysis of Financial Condition or Plan of Operation

FORWARD-LOOKING STATEMENTS

This quarterly report contains forward-looking statements. These statements relate to future events or our future financial performance. In some cases, you can identify forward-looking statements by terminology such as “may”, “should”, “expects”, “plans”, “anticipates”, “believes”, “estimates”, “predicts”, “potential” or “continue” or the negative of these terms or other comparable terminology. These statements are only predictions and involve known and unknown risks, uncertainties and other factors that may cause our or our industry’s actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. Except as required by applicable law, including the securities laws of the United States, we do not intend to update any of the forward-looking statements to conform these statements to actual results.

Our consolidated unaudited financial statements are stated in United States Dollars (US$) and are prepared in accordance with United States Generally Accepted Accounting Principles. The following discussion should be read in conjunction with our financial statements and the related notes that appear elsewhere in this quarterly report. The following discussion contains forward-looking statements that reflect our plans, estimates and beliefs. Our actual results could differ materially from those discussed in the forward-looking statements. Factors that could cause or contribute to such differences include, but are not limited to, those discussed below and elsewhere in this quarterly report.

Unless otherwise specified in this quarterly report, all dollar amounts are expressed in United States dollars and all references to “common stock” refer to shares of our common stock.

As used in this quarterly report, the terms “we”, “us”, “our” and “our company” mean Bionovate Technologies Corp., unless otherwise indicated.

Corporate Overview

Our company was incorporated in the State of Nevada on October 24, 2012. Founded in Calgary, Canada, we were formed and organized to capitalize on new opportunities found in the North American market for light-emitting diode (“LED”) lighting. With China as the manufacturing backbone of future LED products, we have set up an office in Guangzhou, China in search of high quality products offered by reputable manufacturers to be introduced to Canada, the United States, and abroad. In November 2016, we expanded our operations to include reselling various energy products and green technology products. We achieved this by acquiring Energy Alliance Labs Inc. (“Energy Alliance”), which is the 80% owner of Human Energy Alliance Laboratories Corp., an Idaho corporation (“HEAL”). HEAL is a “green technology” and retail company with the mission of developing and distributing technologies that relieve its customers of certain burdens, while simultaneously decreasing the energy they use. HEAL’s primary products are mid-sized wind turbines, small solar panels and related controllers and inverters.

On October 28, 2016, we entered into a share exchange agreement with Cohen Mizrahi, a director of our company, whereby on the same date we issued 4,000,000 shares of our common stock in exchange for 100% of the issued and outstanding equity interests of Energy Alliance.

On November 1, 2016, Energy Alliance closed the transactions contemplated under an agreement with certain shareholders of HEAL, in which the shareholders holding 80% of the outstanding equity interests of HEAL sold all of their shares of HEAL to Energy Alliance.

As a result of such transactions we became the owner of 100% of the issued and outstanding equity interests of Energy Alliance and Energy Alliance became the owner of 80% of the issued and outstanding equity interests of HEAL.

Effective October 4, 2016, we filed a Certificate of Dissolution of MJP Holdings Ltd., our wholly-owned subsidiary.

13

Effective November 28, 2016, we entered into a Share Exchange Agreement with MJP Lighting Solutions Ltd., a British Virgin Islands (“BVI”) corporation and Tong Tang and Zhao Hui Ma (the “Shareholders”) whereby the parties exchanged 100% of the issued and outstanding shares of BVI, belonging to our company for the tender of 5,500,000 restricted common shares of our company, belonging to the Shareholders, to our treasury for cancellation.

On January 1, 2017, MJP entered into transfer agreement with Cohen Mizrahi, whereby we transferred 100% of the issued and outstanding equity interests of Energy Alliance for consideration of $20,000 for past services provided to our company by Mr. Guo.

On December 1, 2017, a majority of our stockholders and our board of directors approved a change of name of our company to “Bionovate Technologies Corp.” and a reverse stock split of our issued and outstanding shares of common stock on a fifty (50) old for one (1) new basis.

A Certificate of Amendment was filed with the Nevada Secretary of State on December 11, 2017 with an effective date of December 21, 2017.

The name change and reverse split became effective with the OTC Markets at the opening of trading on December 21, 2017 under the symbol “BIIO”.

Effective January 11, 2018, we entered into a Patent Purchase and License Agreement with Lily Innovation Advisors Ltd. wherein we agreed to purchase the rights to U.S. Patent No. 7,963,959 “Automated Cryogenic Skin Treatment” (the “Lily Patent”). We paid $10,000 as consideration for the Lily Patent, and agreed to pay royalties of one percent (1%) of the (a) net sales of all products that are derived from the invention covered under the Lily Patent and sold by our company or any licensees or transferees and (b) licensing fees, royalties or similar payments in respect of the Lily Patent received by any such entity, such royalties to be paid quarterly in January, April, July and October for all sales incurred in the previous calendar quarter.

The assignment of the Lily Patent was registered with the United States Patent and Trademark Office on January 31, 2018.

The foregoing description of the Patent Purchase and License Agreement is included to provide information regarding its terms. It does not purport to be a complete description and is qualified by its entirety by reference to the full text of the Patent Purchase and License Agreement, which is filed as Exhibit 10.1 hereto and is incorporated herein by reference.

Effective February 19, 2018, we entered into a Patent Purchase and License Agreement with Ramot at Tel-Aviv University Ltd. wherein we agreed to purchase the rights to U.S. Patent No. 6,858,007 “Method and system for automatic classification and quantitative evaluation of adnexal masses based on a cross-sectional or projectional images of the adnexs” (the “Ramot Patent”). We paid $10,000 as consideration for the Ramot Patent and agreed to pay royalties of one percent (1%) of the net sales of all products sold by our company that are derived from the invention covered by the Ramot Patent, such royalties to be paid quarterly in January, April, July and October from sales incurred in the previous calendar quarter.

The assignment of the Ramot Patent was registered with the United States Patent and Trademark Office on March 5, 2018.

October 1, 2019, a majority of our shareholders approved a reverse stock split on a basis of 100 old shares for one (1) new share of our issued and outstanding common stock. As a result of the reverse split, our issued and outstanding shares of common stock decreased from 15,579,749 to 155,798 shares of common stock, our authorized capital remained unchanged. The reverse split became effective with the OTC Markets at the opening of trading on January 9, 2020.

Effective January 28, 2020, the Company amended a 20% Convertible Note originally issued on March 31, 2019 (the “Note”). The Note reduces the interest rate from 20% to 0 and changes the conversion price from $0.01 to $0.0001.

14

Effective January 28, 2020, the Note was assigned to Evergreen Solutions Ltd., and was immediately converted for the issuance of 54,270,000 shares of common stock of the Company resulting in a change of control.

On February 3, 2020, Cohen Mizrahi resigned as a director and as an officer of our company. Dr. Mizrahi’s resignation was not the result of a disagreement between Dr. Mizrahi and our company on any matter relating to our company’s operations, policies or practices. On February 3, 2020, David Magana Gonzalez was appointed as a director to replace Dr. Mizrahi and he was also appointed President, Chief Executive Officer, Chief Financial Officer, Secretary and Treasurer of our company. On July 22, 2020, David Magna Gonzalez resigned as a director and as an officer of our company. Mr. Gonzalez’s resignation was not the result of a disagreement between Mr. Gonzalez and our company on any matter relating to our company’s operations, policies or practices. On July 22, 2020, Marc Applbaum was appointed as a director to replace David Magna Gonzolez and he was also appointed President, Chief Executive Officer, Chief Financial Officer, Secretary and Treasurer of our company. On September 28, 2020, Marc Applbaum resigned as a director and as an officer of our company. Mr. Applbaums resignation was not the result of a disagreement between Mr. Applbaum and our company on any matter relating to our company’s operations, policies or practices. On September 28, 2020, Aleksander Vucak was appointed as a director to replace Marc Applbaum and he was also appointed President, Chief Executive Officer, Chief Financial Officer, Secretary and Treasurer of our company.

On October 7, 2020, Bionovate Technologies Corp. (the “Company”) entered into a Share Exchange Agreement (the “Share Exchange Agreement”) facilitated between Evergreen Solutions, Ltd, a private Company (“Evergreen”), and Human Data AG, a private Switzerland Company (“Human Data”).

Pursuant to the Share Exchange Agreement, in exchange for the acquisition of all of the outstanding Company shares which Evergreen owns, to wit, 54,270,000 shares (the “Exchange Shares”), the Company will receive 12,500 shares of Digital Diagnostics AG (“Digital”) owned by Human Data, which equates to 25% of the currently issued shares of Digital.

The Share Exchange Agreement contains customary representations and warranties made by the Company, on the one hand, and Evergreen and Human Data on the other hand, made solely for the benefit of the other, which in certain cases are subject to specified exceptions and qualifications contained in the Share Exchange Agreement or in information provided pursuant to certain disclosure schedules to the Share Exchange Agreement.

The share exchange agreement gave the other party 90 days to transfer shares of Digital to Bionovate. Bionovate did not receive these shares yet and does not own any of Digital Diagnostics as of the date of this report

On December 4, 2020, 13,820,000 shares were canceled by the CEO.

Our corporate address is Gewerbestrasse 10, Cham, Switzerland 6330. We do not have a corporate website.

We do not have any subsidiaries.

We have not been subject to any bankruptcy, receivership, or similar proceeding.

Current Business

Bionovate Technologies Corp. focuses on investments and the marketing of patents and licenses which bring healthcare and lifestyle diagnostics to your smartphone. With strong emphasis on digital transformation, the company intends to build an FDA-approved ecosystem of medical devices, biosensors and mobile applications to turn tests that were previously only done in physical labs into tests that can be carried through by anyone with a mobile device.  

15

Results of Operations

Our operations for the three and six ended December 31, 2020 and 2019 are outlined below:

Three months ended December 31, 2020 compared to three months ended December 31, 2019.

	Three Months Ended
	December 31,				Change
	2020		2019		Amount			%
Revenues	$	-	$	-	$	-			-
Operating Expenses		20,688		10,950		9,738			89	%
Total other expense		11,746		34,619		(22,873	)		(66	)%
Net Loss	$	32,434	$	45,569	$	(13,135	)		(29	)%

For the three months ended December 31, 2020 and 2019, we had no revenue. Expenses for the three months ended December 31, 2020 totaled $32,434 resulting in a net loss of $32,434 as compared to a net loss of $45,569 for the three months ended December 31, 2019. The decrease in net loss for the three months ended December 31, 2020 is a result of a decrease in interest expense offset by an increase in professional fee.

Six months ended December 31, 2020 compared to six months ended December 31, 2019.

	Six Months Ended
	December 31,				Change
	2020		2019		Amount			%
Revenues	$	-	$	-	$	-			-
Operating Expenses		24,310		24,362		(52	)	(0%)
Total other expense		30,998		50,583		(19,585	)		(39	)%
Net Loss	$	55,308	$	74,945	$	(19,637	)		(26	)%

For the six months ended December 31, 2020 and 2019, we had no revenue. Expenses for the six months ended December 31, 2020 totaled $55,308 resulting in a net loss of $55,308 as compared to a net loss of $74,945 for the six months ended December 31, 2019. The decrease in net loss for the six months ended December 31, 2020 is a result of a decrease in interest expense.

Liquidity and Capital Resources

The following table provides selected financial data about our company as of December 31, 2020 and June 30, 2020, respectively.

Working Capital 

	December 31,			June 30,			Change
	2020			2020			Amount			%
Current Assets	$	-		$	-		$	-			-
Current Liabilities	$	451,973		$	396,665			55,308			14	%
Working Capital (Deficit)	$	(451,973	)	$	(396,665	)	$	(55,308	)		14	%

16

Cash Flows

	Six Months Ended
	December 31,
	2020		2019
Net Cash Provided by Operating Activities	$	-	$	-
Net Cash Provided by Investing Activities	$	-	$	-
Net Cash Provided by Financing Activities	$	-	$	-
Net Change in Cash During the Period	$	-	$	-

On December 31, 2020, our Company’s cash balance was $0 and total assets were $0. On June 30, 2020, our Company’s cash balance was $0 and total assets were $0.

On December 31, 2020, our Company had total liabilities of $451,973, compared with total liabilities of $396,665 as at June 30, 2020.

On December 31, 2020, our Company had working capital deficiency of $451,973 compared with working capital deficiency of $396,665 as at June 30, 2020. The increase in working capital was primarily attributed to an increase in accounts payable and accrued liabilities and due to related party.

Cash Flow from Operating Activities

During the six months ended December 31, 2020, our Company provided $0 by operating activities, compared to $0 provided by operating activities during the six months ended December 31, 2019.

Cash Flow from Investing Activities

During the six months ended December 31, 2020 and 2019, our Company did not have any investing activities.

Cash Flow from Financing Activities

During the six months ended December 31, 2020 and 2019, our Company did not have any investing activities.

Off-Balance Sheet Arrangements

We have no off-balance sheet arrangements that have or are reasonably likely to have a current or future effect on our financial condition, changes in financial condition, revenues or expenses, results of operations, liquidity, and capital expenditures or capital resources that are material to stockholders.

Critical Accounting Policies

Revenue Recognition

Revenues are recognized when control of the promised goods or services are transferred to a customer, in an amount that reflects the consideration that the Company expects to receive in exchange for those goods or services. The Company applies the following five steps in order to determine the appropriate amount of revenue to be recognized as it fulfills its obligations under each of its agreements:

· identify the contract with a customer;

· identify the performance obligations in the contract;

· determine the transaction price;

· allocate the transaction price to performance obligations in the contract; and

· recognize revenue as the performance obligation is satisfied.

17

Recent Accounting Pronouncements

We have implemented all new accounting pronouncements that are in effect and that may impact our financial statements and does not believe that there are any other new accounting pronouncements that have been issued that might have a material impact on our financial position or results of operations. Our company regularly reviews and analyses the recent accounting pronouncements.

Item 3. Quantitative and Qualitative Disclosures About Market Risk

As a “smaller reporting company”, we are not required to provide the information required by this Item.

Item 4. Controls and Procedures

Evaluation of Disclosure Controls and Procedures

Our management is responsible for establishing and maintaining a system of disclosure controls and procedures (as defined in Rule 13a-15(e) and 15d-15(e) under the Exchange Act) that is designed to ensure that information required to be disclosed by us in the reports that we file or submit under the Exchange Act is recorded, processed, summarized and reported, within the time periods specified in the Commission’s rules and forms. Disclosure controls and procedures include, without limitation, controls and procedures designed to ensure that information required to be disclosed by an issuer in the reports that it files or submits under the Exchange Act is accumulated and communicated to the issuer’s management, including its principal executive officer or officers and principal financial officer or officers, or persons performing similar functions, as appropriate to allow timely decisions regarding required disclosure.

An evaluation was conducted under the supervision and with the participation of our management of the effectiveness of the design and operation of our disclosure controls and procedures as of March 31, 2020. Based on that evaluation, our management concluded that our disclosure controls and procedures were not effective as of such date to ensure that information required to be disclosed in the reports that we file or submit under the Exchange Act, is recorded, processed, summarized and reported within the time periods specified in SEC rules and forms. Such officer also confirmed that there was no change in our internal control over financial reporting during the period ended March 31, 2020, that has materially affected, or is reasonably likely to materially affect, our internal control over financial reporting.

Changes in Internal Control Over Financial Reporting

There have been no changes in our internal control over financial reporting that occurred during the quarter ended December 31, 2020, that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.

18

PART II - OTHER INFORMATION

Item 1. Legal Proceedings

We know of no material, existing or pending legal proceedings against our Company, nor are we involved as a plaintiff in any material proceeding or pending litigation. There are no proceedings in which any of our directors, officers or affiliates, or any registered beneficial shareholder, is an adverse party or has a material interest adverse to our interest.

Item 1A. Risk Factors

As a “smaller reporting company”, we are not required to provide the information required by this Item.

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds

None.

Item 3. Defaults Upon Senior Securities

None.

Item 4. Mine Safety Disclosures

Not Applicable.

Item 5. Other Information

None

19

Item 6. Exhibits

Exhibit Number	Description
(31)	Rule 13a-14 (d)/15d-14d) Certifications
31.1*	Section 302 Certification under the Sarbanes-Oxley Act of 2002
(32)	Section 1350 Certifications
32.1*	Section 906 Certification under the Sarbanes-Oxley Act of 2002
101*	Interactive Data File
101.INS**	XBRL Instance Document
101.SCH**	XBRL Taxonomy Extension Schema Document
101.CAL**	XBRL Taxonomy Extension Calculation Linkbase Document
101.DEF**	XBRL Taxonomy Extension Definition Linkbase Document
101.LAB**	XBRL Taxonomy Extension Label Linkbase Document
101.PRE**	XBRL Taxonomy Extension Presentation Linkbase Document

* Filed herewith.

** XBRL Information is furnished and not filed or a part of a registration statement or prospectus for purposes of Sections 11 or 12 of the Securities Act of 1933, as amended, is deemed not filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, and otherwise is not subject to liability under these sections.

20

SIGNATURES

In accordance with Section 13 or 15(d) of the Exchange Act, the registrant caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	BIONOVATE TECHNOLOGIES CORP.
	(Registrant)
Dated: January 28, 2021	/s/ Aleksander Vucak
	Aleksander Vucak
	President, Chief Executive Officer, Chief Financial Officer, Secretary, Treasurer and Director
	(Principal Executive Officer, Principal Financial Officer and Principal Accounting Officer)

21

EX-31.1

EXHIBIT 31.1

CERTIFICATION PURSUANT TO
18 U.S.C. ss 1350, AS ADOPTED PURSUANT TOSECTION 302 OF THE SARBANES-OXLEY ACT OF 2002

I, Aleksander Vucak, certify that:

1.	I have reviewed this quarterly report on Form 10-Q of Bionovate Technologies Corp.;
2	Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;
3.	Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;
4.	The registrant’s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

(a)	Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
(b)	Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;
(c)	Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and
(d)	Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

5. The registrant’s other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

(a)	All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and
(b)	Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

Date: January 28, 2021

/s/ Aleksander Vucak

Aleksander Vucak

President, Chief Executive Officer, Chief Financial

Officer, Secretary, Treasurer and Director

(Principal Executive Officer, Principal Financial Officer

and Principal Accounting Officer)

EX-32.1

EXHIBIT 32.1

CERTIFICATION PURSUANT TO

18 U.S.C. SECTION 1350, AS ADOPTED PURSUANT TO

SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

I, Aleksander Vucak, hereby certify, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that:

(1)	the Quarterly Report on Form 10-Q of Bionovate Technologies Corp. for the period ended December 31, 2020 (the “Report”) fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and
(2)	the information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of Bionovate Technologies Corp.

Dated: January 28, 2021	/s/ Aleksander Vucak
	Aleksander Vucak
	President, Chief Executive Officer, Chief Financial Officer, Secretary, Treasurer and Director
	(Principal Executive Officer, Principal Financial Officer and Principal Accounting Officer)
	Bionovate Technologies Corp.

A signed original of this written statement required by Section 906, or other document authenticating, acknowledging, or otherwise adopting the signature that appears in typed form within the electronic version of this written statement required by Section 906, has been provided to Bionovate Technologies Corp. and will be retained by Bionovate Technologies Corp. and furnished to the Securities and Exchange Commission or its staff upon request.

XML

Cover - shares	6 Months Ended
	Dec. 31, 2020	Jan. 22, 2021
Cover [Abstract]
Entity Registrant Name	BIONOVATE TECHNOLOGIES CORP.
Entity Central Index Key	0001575420
Document Type	10-Q
Amendment Flag	false
Current Fiscal Year End Date	--06-30
Entity Small Business	true
Entity Shell Company	false
Entity Emerging Growth Company	false
Entity Current Reporting Status	Yes
Document Period End Date	Dec. 31, 2020
Entity Filer Category	Non-accelerated Filer
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2021
Entity Common Stock Shares Outstanding		45,603,598
Document Quarterly Report	true
Document Transition Report	false
Entity Interactive Data Current	Yes

XML

BALANCE SHEETS - USD ($)	Dec. 31, 2020	Jun. 30, 2020
Current Assets
Cash	$ 0	$ 0
Total Current Assets	0	0
TOTAL ASSETS	0	0
Current Liabilities
Accounts payable and accrued liabilities	251,130	211,290
Due to related party	15,468	0
Convertible notes payable	185,375	185,375
Total Current Liabilities	451,973	396,665
TOTAL LIABILITIES	451,973	396,665
Stockholders' Deficit
Preferred stock: 90,000,000 authorized; $0.0001 par value - no shares issued and outstanding	0	0
Common stock: 100,000,000 authorized; $0.0001 par value 45,603,598 and 59,423,598 shares issued and outstanding	4,560	5,942
Additional paid in capital	2,297,015	2,295,633
Accumulated deficit	(2,753,548)	(2,698,240)
Total Deficit	(451,973)	(396,665)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	$ 0	$ 0

XML

BALANCE SHEETS (Parenthetical) - $ / shares	Dec. 31, 2020	Jun. 30, 2020
Stockholders' Deficit
Preferred stock, shares par value	$ 0.0001	$ 0.0001
Preferred stock, shares authorized	90,000,000	90,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, shares par value	$ 0.0001	$ 0.0001
Common stock, shares authorized	100,000,000	100,000,000
Common stock, shares issued	45,603,598	59,423,598
Common stock, shares outstanding	45,603,598	59,423,598

XML

STATEMENT OF OPERATIONS (Unaudited) - USD ($)	3 Months Ended		6 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2020	Dec. 31, 2019
STATEMENT OF OPERATIONS (Unaudited)
Revenues	$ 0	$ 0	$ 0	$ 0
Operating Expenses
General and administration	850	0	850	0
Professional	19,838	10,950	23,460	24,362
Total operating expenses	20,688	10,950	24,310	24,362
Net loss from operations	(20,688)	(10,950)	(24,310)	(24,362)
Other income (expense)
Realized foreign currency gain (loss)	(282)	(175)	(282)	(107)
Interest expense	(11,464)	(34,444)	(30,716)	(50,476)
Total other expense	(11,746)	(34,619)	(30,998)	(50,583)
Net loss before taxes	(32,434)	(45,569)	(55,308)	(74,945)
Net loss	$ (32,434)	$ (45,569)	$ (55,308)	$ (74,945)
Basic and dilutive loss per share
Net loss	$ (0.00)	$ (0.29)	$ (0.00)	$ (0.48)
Weighted average number of shares outstanding	56,869,902	155,798	58,146,750	155,798

XML

STATEMENT OF STOCKHOLDERS DEFICIT (Unaudited) - USD ($)	Total	Common Stock	Additional Paid-in Capital	Accumulated Deficit
Balance, shares at Jun. 30, 2019		155,798
Balance, amount at Jun. 30, 2019	$ (332,289)	$ 15	$ 2,243,891	$ (2,576,195)
Beneficial conversion feature	526	0	526	0
Net loss	(29,376)	$ 0	0	(29,376)
Balance, shares at Sep. 30, 2019		155,798
Balance, amount at Sep. 30, 2019	(361,139)	$ 15	2,244,417	(2,605,571)
Balance, shares at Jun. 30, 2019		155,798
Balance, amount at Jun. 30, 2019	(332,289)	$ 15	2,243,891	(2,576,195)
Net loss	(74,945)
Balance, shares at Dec. 31, 2019		155,798
Balance, amount at Dec. 31, 2019	(387,816)	$ 15	2,263,309	(2,651,140)
Balance, shares at Sep. 30, 2019		155,798
Balance, amount at Sep. 30, 2019	(361,139)	$ 15	2,244,417	(2,605,571)
Beneficial conversion feature	18,892	0	18,892	0
Net loss	(45,569)	$ 0	0	(45,569)
Balance, shares at Dec. 31, 2019		155,798
Balance, amount at Dec. 31, 2019	(387,816)	$ 15	2,263,309	(2,651,140)
Balance, shares at Jun. 30, 2020		59,423,598
Balance, amount at Jun. 30, 2020	(396,665)	$ 5,942	2,295,633	(2,698,240)
Net loss	(22,874)	$ 0	0	(22,874)
Balance, shares at Sep. 30, 2020		59,423,598
Balance, amount at Sep. 30, 2020	(419,539)	$ 5,942	2,295,633	(2,721,114)
Balance, shares at Jun. 30, 2020		59,423,598
Balance, amount at Jun. 30, 2020	(396,665)	$ 5,942	2,295,633	(2,698,240)
Net loss	(55,308)
Balance, shares at Dec. 31, 2020		45,603,598
Balance, amount at Dec. 31, 2020	(451,973)	$ 4,560	2,297,015	(2,753,548)
Balance, shares at Sep. 30, 2020		59,423,598
Balance, amount at Sep. 30, 2020	(419,539)	$ 5,942	2,295,633	(2,721,114)
Net loss	(32,434)	$ 0	0	(32,434)
Cancellation of shares, shares		(13,820,000)
Cancellation of shares, amount	0	$ (1,382)	1,382	0
Balance, shares at Dec. 31, 2020		45,603,598
Balance, amount at Dec. 31, 2020	$ (451,973)	$ 4,560	$ 2,297,015	$ (2,753,548)

XML

STATEMENT OF CASH FLOWS (Unaudited) - USD ($)	6 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss	$ (55,308)	$ (74,945)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:
Expenses paid by convertible notes	0	19,418
Expenses paid by related party	15,468	0
Amortization of debt discount	0	19,418
Foreign currency adjustment	282	107
Changes in operating assets and liabilities:
Accounts payable and accrued liabilities	39,558	36,002
Net cash provided by operating activities	0	0
Net change in cash and cash equivalents	0	0
Cash and cash equivalents, beginning of period	0	0
Cash and cash equivalents, end of period	0	0
Supplemental cash flow information
Cash paid for interest	0	0
Cash paid for taxes	0	0
Non-cash transactions:
Beneficial conversion feature	0	19,418
Cancellation of shares	$ 1,382	$ 0

XML

NATURE AND CONTINUANCE OF OPERATIONS

6 Months Ended

Dec. 31, 2020

NATURE AND CONTINUANCE OF OPERATIONS

NOTE 1 - NATURE AND CONTINUANCE OF OPERATIONS

Bionovate Technologies Corp. (the “Company”, or the “Corporation”) was incorporated in the state of Nevada, United States on October 24, 2012 under the name MJP International Ltd. On December 1, 2017, the Company’s corporate name was changed to Bionovate Technologies Corp.

The Corporation was formed and organized to capitalize on new opportunities found in the North American market for light-emitting diode (“LED”) lighting. With China as the manufacturing backbone of future LED products, the Corporation has set up an office in Guangzhou, China in search of high-quality products offered by reputable manufacturers to be introduced to Canada, the United States, and abroad. The Corporation has set out further details of the acquisition below as well as in Notes 3 and 4 to these consolidated financial statements.

Bionovate Technologies Corp. focuses on investments and the marketing of patents and licenses which bring healthcare and lifestyle diagnostics to your smartphone. With strong emphasis on digital transformation, the company intends to build an FDA-approved ecosystem of medical devices, biosensors and mobile applications to turn tests that were previously only done in physical labs into tests that can be carried through by anyone with a mobile device.

On October 7, 2020, Bionovate Technologies Corp. (the “Company”) entered into a Share Exchange Agreement (the “Share Exchange Agreement”) facilitated between Evergreen Solutions, Ltd, a private Company (“Evergreen”), and Human Data AG, a private Switzerland Company (“Human Data”).

Pursuant to the Share Exchange Agreement, in exchange for the acquisition of all of the outstanding Company shares which Evergreen owns, to wit, 54,270,000 shares (the “Exchange Shares”), the Company will receive 12,500 shares of Digital Diagnostics AG (“Digital”) owned by Human Data, which equates to 25% of the currently issued shares of Digital.

The Share Exchange Agreement contains customary representations and warranties made by the Company, on the one hand, and Evergreen and Human Data on the other hand, made solely for the benefit of the other, which in certain cases are subject to specified exceptions and qualifications contained in the Share Exchange Agreement or in information provided pursuant to certain disclosure schedules to the Share Exchange Agreement.

The share exchange agreement gave the other party 90 days to transfer shares of Digital to Bionovate. Bionovate did not receive these shares yet and does not own any of Digital Diagnostics as of the date of this report.

GOING CONCERN

The accompanying financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America, which contemplate continuation of the Company as a going concern. However, the Company has an accumulated deficit at December 31, 2020 of $2,753,548, is in a net liability position and needs cash to maintain its operations.

These factors raise substantial doubt about the Company’s ability to continue as a going concern. The accompanying financial statements do not include any adjustments that might result from the outcome of this uncertainty. The Company’s continued existence is dependent upon management’s ability to develop profitable operations, continued contributions from the Company’s executive officers to finance its operations and the ability to obtain additional funding sources to explore potential strategic relationships and to provide capital and other resources for the further development and marketing of the Company’s products and business.

XML

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

6 Months Ended

Dec. 31, 2020

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Basis of Presentation

The accompanying unaudited financial statements have been prepared in accordance with generally accepted accounting principles for interim financial information and with the instructions for Form 10-Q and Article 210 8-03 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by generally accepted accounting principles for complete financial statements. In the opinion of management, all adjustments considered necessary for a fair presentation have been included. All such adjustments are of a normal recurring nature. Operating results for the three months ended December 31, 2020, are not necessarily indicative of the results that may be expected for the fiscal year ending June 30, 2021. For further information, refer to the financial statements and footnotes thereto included in the Corporation’s filed Form 10-K for the year ended June 30, 2020.

The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect application of policies and the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the year. Actual results could differ from these estimates. Estimates and their underlying assumptions are reviewed on an ongoing basis. Changes in estimates are recorded in the accounting period in which they are determined. The critical accounting estimates and assumptions in the accompanying unaudited condensed interim financial statements include the provision for unpaid loss and loss adjustment expenses which may result from product warranty provisions; valuation of deferred income taxes; valuation and impairment assessment of intangible assets; goodwill recoverability; and deferred acquisition costs.

Fair Value of Financial Instrument

The Corporation follows FASB ASC 820, Fair Value Measurements and Disclosures, for all financial instruments and non-financial instruments accounted for at fair value on a recurring basis. This new accounting standard establishes a single definition of fair value and a framework for measuring fair value, sets out a fair value hierarchy to be used to classify the source of information used in fair value measurement and expands disclosures about fair value measurements required under other accounting pronouncements. It does not change existing guidance as to whether or not an instrument is carried at fair value. The Corporation defines fair value as the price that would be received from selling an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date.

When determining the fair value measurements for assets and liabilities, which are required to be recorded at fair value, the Corporation considers the principal or most advantageous market in which the Corporation would transact and the market-based risk measurements or assumptions that market participants would use in pricing the asset or liability, such as inherent risk, transfer restrictions and credit risk.

The Corporation applies FASB ASC 825, Financial Instruments, which allows companies to choose to measure eligible financial instruments and certain other items at fair value that are not required to be measured at fair value. The Corporation has not elected the fair value option for any eligible financial instruments.

Basic and Diluted Loss per Common Stock

FASB ASC 260 requires dual presentation of basic and diluted earnings per share (EPS) with a reconciliation of the numerator and denominator of the EPS computations. Basic earnings per share amounts are based on the weighted average shares of common stock outstanding. If applicable, diluted earnings per stock would assume the conversion, exercise or issuance of all potential common stock instruments such as options, warrants and convertible securities, unless the effect is to reduce a loss or increase earnings per share. Diluted net income (loss) per common stock on the potential exercise of the equity-based financial instruments is not presented where anti-dilutive.

For the six months ended December 31, 2020 and 2019, the following common stock equivalents were excluded from the computation of diluted net loss per share as the result of the computation was anti-dilutive.

	December 31,		December 31,
	2020		2019
	(shares)		(shares)
Convertible notes		26,740,500		27,544,200

XML

ACCOUNTS PAYABLE AND ACCRUED LIABILITEIS

6 Months Ended

Dec. 31, 2020

ACCOUNTS PAYABLE AND ACCRUED LIABILITEIS

NOTE 3 - ACCOUNTS PAYABLE AND ACCRUED LIABILITEIS

As of December 31, 2020, and June 30, 2020, accounts payable and accrued liabilities consisted of as follows,

	December 31,		June 30,
	2020		2020
Accounts payable	$	47,479	$	25,702
Accrued expense		-		12,654
Accrued interest		162,626		131,909
Due to a former related party		41,025		41,025
	$	251,130	$	211,290

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CONVERTIBLE NOTE

6 Months Ended

Dec. 31, 2020

CONVERTIBLE NOTE

NOTE 4 - CONVERTIBLE NOTE

Convertible notes payable at December 31, 2020 and June 30,2020, consists of the following:

	December 31,		June 30,
	2020		2020
Dated November 1, 2016	$	4,439	$	4,439
Dated June 30, 2017		9,969		9,969
Dated April 1, 2018 - 1		10,000		10,000
Dated April 1, 2018 - 2		10,000		10,000
Dated June 30, 2018		28,376		28,376
Dated July 5, 2018 - 1		30,000		30,000
Dated July 5, 2018 - 2		15,000		15,000
Dated July 5, 2018 - 3		15,000		15,000
Dated December 31, 2018		17,302		17,302
Dated March 31, 2019		1,000		1,000
Dated June 30, 2019		17,037		17,037
Dated September 30, 2019		526		526
Dated December 31, 2019		18,892		18,892
Dated March 31, 2020		5,834		5,834
Dated June 30, 2020		2,000		2,000
Total convertible notes payable		185,375		185,375
Less: Unamortized debt discount		-		-
Total convertible notes		185,375		185,375
Less: current portion of convertible notes		185,375		185,375
Long-term convertible notes	$	-	$	-

For the six months ended December 31, 2020 and 2019, the Company recognized interest expense of $30,716 and $31,058 and amortization of discount, included in interest expense, of $0 and $19,418, respectively. As of December 31, 2020, and June 30, 2020, the Company recorded accrued interest of $162,626 and $131,909, respectively.

Dated November 1, 2016

On November 1, 2016, the Company issued a convertible note with a conversion price of $0.005 to extinguish debt of $18,239. The convertible note is unsecured, bears interest at 4% per annum and due and payable on November 1, 2017. The Company recorded a discount on the convertible note due to a beneficial conversion feature of $18,239.

Dated June 30, 2017

On June 30, 2017, the Company issued a convertible note with a conversion price of $0.01 to pay operating expenses of $9,969. The convertible note is unsecured, bears interest at 35% per annum, has no maturity date and due on demand. The Company recorded a discount on the convertible note due to a beneficial conversion feature of $9,969.

Dated April 1, 2018 – 1 and 2

On April 1, 2018, the Company issued 2 convertible notes totaling of $20,000 with a conversion price of $$0.01 to pay a purchase of a patent of $10,000. The convertible note is unsecured, bears interest at 45% per annum, has no maturity date and is due on demand. The Company recorded a discount on the convertible note due to a beneficial conversion feature of $20,000.

Dated June 30, 2018

On June 30, 2018, the Company issued a convertible note with a conversion price of $0.01 to pay operating expenses of $28,376. The convertible note is unsecured, bears interest at 30% per annum, has no maturity date and is due on demand. The Company recorded a discount on the convertible note due to a beneficial conversion feature of $28,376.

Dated July 5, 2018 – 1, 2 and 3

On June 30, 2018, the Company issued 3 convertible notes totaling of $60,000 with a conversion price of $0.01 to extinguish amounts due to related parties of $145,523. The convertible notes are unsecured, bears interest at 30% per annum, has no maturity date and is due on demand. The Company recorded a discount on the convertible notes due to a beneficial conversion feature of $60,000.

Dated December 31, 2018

On December 31, 2018, the Company issued a convertible note with a conversion price of $0.005 to pay operating expenses of $17,302. The convertible note is unsecured, bears interest at 35% per annum, has no maturity date and is due on demand. The Company recorded a discount on the convertible notes due to a beneficial conversion feature of $17,302.

Dated March 31, 2019

On March 31, 2019, the Company issued a convertible note with a conversion price of $0.01 to pay operating expenses of $6,427. The convertible note is unsecured, bears interest at 20% per annum, has no maturity date and is due on demand. The Company recorded a discount on the convertible notes due to a beneficial conversion feature of $6,427.

Effective January 28, 2020, the Company amended a convertible note. The Note reduces the interest rate from 20% to 0 and changes the conversion price from $0.01 to $0.0001.

Effective January 28, 2020, the Note of $6,427 was assigned to Evergreen Solutions Ltd., and $5,427 was immediately converted for the issuance of 54,270,000 shares of common stock of the Company resulting in a change of control.

Dated June 30, 2019

On June 30, 2019, the Company issued a convertible note with a conversion price of $0.005 to pay operating expenses of $17,037. The convertible note is unsecured, bears interest at 35% per annum, has no maturity date and is due on demand. The Company recorded a discount on the convertible notes due to a beneficial conversion feature of $17,037.

Dated September 30, 2019

On September 30, 2019, the Company issued a convertible note with a conversion price of $0.005 to pay operating expenses of $526. The convertible note is unsecured, bears interest at 35% per annum, has no maturity date and is due on demand. The Company recorded a discount on the convertible notes due to a beneficial conversion feature of $526.

Dated December 31, 2019

On December 31, 2019, the Company issued a convertible note with a conversion price of $0.005 to pay operating expenses of $18,892. The convertible note is unsecured, bears interest at 35% per annum, has no maturity date and is due on demand. The Company recorded a discount on the convertible notes due to a beneficial conversion feature of $18,892.

Dated March 31, 2020

On March 31, 2020, the Company issued a convertible note with a conversion price of $0.005 to pay operating expenses of $5,834. The convertible note is unsecured, bears interest at 35% per annum, has no maturity date and is due on demand. The Company recorded a discount on the convertible notes due to a beneficial conversion feature of $5,834.

Dated June 30, 2020

On June 30, 2020, the Company issued a convertible note with a conversion price of $0.001 to pay operating expenses of $2,000. The convertible note is unsecured, bears interest at 35% per annum, has no maturity date and is due on demand. The Company recorded a discount on the convertible notes due to a beneficial conversion feature of $2,000.

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RELATED PARTY TRANSACTIONS

6 Months Ended

Dec. 31, 2020

RELATED PARTY TRANSACTIONS

NOTE 5 - RELATED PARTY TRANSACTIONS

During the six months ended December 31, 2020, the Company’s sole officer paid $15,468 for operating expenses on behalf of the Company. As of December 31, 2020, the Company was obligated to the officer, for an unsecured, non-interest-bearing demand loan with a balance of $15,468.

XML

EQUITY

6 Months Ended

Dec. 31, 2020

EQUITY

NOTE 6 - EQUITY

Preferred Stock

The Company is authorized to issue 90,000,000 shares of preferred stock at a par value of $0.0001.

No shares were issued and outstanding as of December 31, 2020 and June 30,2020, respectively.

Common Stock

The Company is authorized to issue 100,000,000 shares of preferred stock at a par value of $0.0001.

During the six months ended December 31, 2020, 13,820,000 shares were canceled.

As of December 31, 2020 and June 30, 2020, 45,603,598 and 59,423,598 shares of common stock were issued and outstanding.

As of December 31, 2020, there were no warrants or options outstanding.

XML

SUBSEQUENT EVENTS

6 Months Ended

Dec. 31, 2020

SUBSEQUENT EVENTS

NOTE 7 - SUBSEQUENT EVENTS

Management has evaluated subsequent events through the date these financial statements were available to be issued. Based on our evaluation no material events have occurred that require disclosure.

XML

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)

6 Months Ended

Dec. 31, 2020

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Basis Of Presentation

The accompanying unaudited financial statements have been prepared in accordance with generally accepted accounting principles for interim financial information and with the instructions for Form 10-Q and Article 210 8-03 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by generally accepted accounting principles for complete financial statements. In the opinion of management, all adjustments considered necessary for a fair presentation have been included. All such adjustments are of a normal recurring nature. Operating results for the three months ended December 31, 2020, are not necessarily indicative of the results that may be expected for the fiscal year ending June 30, 2021. For further information, refer to the financial statements and footnotes thereto included in the Corporation’s filed Form 10-K for the year ended June 30, 2020.

The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect application of policies and the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the year. Actual results could differ from these estimates. Estimates and their underlying assumptions are reviewed on an ongoing basis. Changes in estimates are recorded in the accounting period in which they are determined. The critical accounting estimates and assumptions in the accompanying unaudited condensed interim financial statements include the provision for unpaid loss and loss adjustment expenses which may result from product warranty provisions; valuation of deferred income taxes; valuation and impairment assessment of intangible assets; goodwill recoverability; and deferred acquisition costs.

Fair Value of Financial Instrument

The Corporation follows FASB ASC 820, Fair Value Measurements and Disclosures, for all financial instruments and non-financial instruments accounted for at fair value on a recurring basis. This new accounting standard establishes a single definition of fair value and a framework for measuring fair value, sets out a fair value hierarchy to be used to classify the source of information used in fair value measurement and expands disclosures about fair value measurements required under other accounting pronouncements. It does not change existing guidance as to whether or not an instrument is carried at fair value. The Corporation defines fair value as the price that would be received from selling an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date.

When determining the fair value measurements for assets and liabilities, which are required to be recorded at fair value, the Corporation considers the principal or most advantageous market in which the Corporation would transact and the market-based risk measurements or assumptions that market participants would use in pricing the asset or liability, such as inherent risk, transfer restrictions and credit risk.

The Corporation applies FASB ASC 825, Financial Instruments, which allows companies to choose to measure eligible financial instruments and certain other items at fair value that are not required to be measured at fair value. The Corporation has not elected the fair value option for any eligible financial instruments.

Basic and Diluted Loss per Common Stock

FASB ASC 260 requires dual presentation of basic and diluted earnings per share (EPS) with a reconciliation of the numerator and denominator of the EPS computations. Basic earnings per share amounts are based on the weighted average shares of common stock outstanding. If applicable, diluted earnings per stock would assume the conversion, exercise or issuance of all potential common stock instruments such as options, warrants and convertible securities, unless the effect is to reduce a loss or increase earnings per share. Diluted net income (loss) per common stock on the potential exercise of the equity-based financial instruments is not presented where anti-dilutive.

For the six months ended December 31, 2020 and 2019, the following common stock equivalents were excluded from the computation of diluted net loss per share as the result of the computation was anti-dilutive.

	December 31,		December 31,
	2020		2019
	(shares)		(shares)
Convertible notes		26,740,500		27,544,200

XML

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

6 Months Ended

Dec. 31, 2020

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

Schedule of diluted net loss per share

	December 31,		December 31,
	2020		2019
	(shares)		(shares)
Convertible notes		26,740,500		27,544,200

XML

ACCOUNTS PAYABLE AND ACCRUED LIABILITEIS (Tables)

6 Months Ended

Dec. 31, 2020

ACCOUNTS PAYABLE AND ACCRUED LIABILITEIS (Tables)

Schedule of accounts payable and accrued liabilities

	December 31,		June 30,
	2020		2020
Accounts payable	$	47,479	$	25,702
Accrued expense		-		12,654
Accrued interest		162,626		131,909
Due to a former related party		41,025		41,025
	$	251,130	$	211,290

XML

CONVERTIBLE NOTE (Tables)

6 Months Ended

Dec. 31, 2020

CONVERTIBLE NOTE

Schedule of convertible note payable

	December 31,		June 30,
	2020		2020
Dated November 1, 2016	$	4,439	$	4,439
Dated June 30, 2017		9,969		9,969
Dated April 1, 2018 - 1		10,000		10,000
Dated April 1, 2018 - 2		10,000		10,000
Dated June 30, 2018		28,376		28,376
Dated July 5, 2018 - 1		30,000		30,000
Dated July 5, 2018 - 2		15,000		15,000
Dated July 5, 2018 - 3		15,000		15,000
Dated December 31, 2018		17,302		17,302
Dated March 31, 2019		1,000		1,000
Dated June 30, 2019		17,037		17,037
Dated September 30, 2019		526		526
Dated December 31, 2019		18,892		18,892
Dated March 31, 2020		5,834		5,834
Dated June 30, 2020		2,000		2,000
Total convertible notes payable		185,375		185,375
Less: Unamortized debt discount		-		-
Total convertible notes		185,375		185,375
Less: current portion of convertible notes		185,375		185,375
Long-term convertible notes	$	-	$	-

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NATURE AND CONTINUANCE OF OPERATIONS (Details Narrative) - USD ($)	1 Months Ended
	Oct. 07, 2020	Dec. 31, 2020	Jun. 30, 2020
Accumulated deficit		$ (2,753,548)	$ (2,698,240)
Digital Diagnostics AG [Member] | Share Exchange Agreement [Member]
Acqusition of shares	12,500
Percentage of shares acquired	25.00%
Evergreen Solutions Ltd. [Member]
Acqusition of shares	54,270,000

XML

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details ) - shares	6 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Convertible notes	26,740,500	27,544,200

XML

ACCOUNTS PAYABLE AND ACCRUED LIABILITEIS (Details) - USD ($)	Dec. 31, 2020	Jun. 30, 2020
ACCOUNTS PAYABLE AND ACCRUED LIABILITEIS (Tables)
Accounts payable	$ 47,479	$ 25,702
Accrued expense	0	12,654
Accrued interest	162,626	131,909
Due to a former related party	41,025	41,025
Total	$ 251,130	$ 211,290

XML

CONVERTIBLE NOTE (Details) - USD ($)	Dec. 31, 2020	Jun. 30, 2020
Total convertible notes payable	$ 185,375	$ 185,375
Less: Unamortized debt discount	0	0
Total convertible notes	185,375	185,375
Less: current portion of convertible notes	185,375	185,375
Long-term convertible notes	0	0
November 1, 2016 [Member] | Convertible Notes Payable [Member]
Total convertible notes payable	4,439	4,439
June 30, 2017 [Member] | Convertible Notes Payable [Member]
Total convertible notes payable	9,969	9,969
April 1, 2018 - 1 [Member] | Convertible Notes Payable [Member]
Total convertible notes payable	10,000	10,000
April 1, 2018 - 2 [Member] | Convertible Notes Payable [Member]
Total convertible notes payable	10,000	10,000
July 5, 2018 - 1 [Member] | Convertible Notes Payable [Member]
Total convertible notes payable	30,000	30,000
July 5, 2018 - 2 [Member] | Convertible Notes Payable [Member]
Total convertible notes payable	15,000	15,000
July 5, 2018 - 3 [Member] | Convertible Notes Payable [Member]
Total convertible notes payable	15,000	15,000
December 31, 2018 [Member] | Convertible Notes Payable [Member]
Total convertible notes payable	17,302	17,302
March 31, 2019 [Member] | Convertible Notes Payable [Member]
Total convertible notes payable	1,000	1,000
June 30, 2019 [Member] | Convertible Notes Payable [Member]
Total convertible notes payable	17,037	17,037
September 30, 2019 [Member] | Convertible Notes Payable [Member]
Total convertible notes payable	526	526
December 31, 2019 [Member] | Convertible Notes Payable [Member]
Total convertible notes payable	18,892	18,892
March 31, 2020 [Member] | Convertible Notes Payable [Member]
Total convertible notes payable	5,834	5,834
June 30, 2020 [Member] | Convertible Notes Payable [Member]
Total convertible notes payable	$ 2,000	$ 2,000

XML

CONVERTIBLE NOTE (Details Narrative) - USD ($)	1 Months Ended	3 Months Ended		6 Months Ended
	Jan. 28, 2020	Dec. 31, 2019	Sep. 30, 2019	Dec. 31, 2020	Dec. 31, 2019	Jun. 30, 2020
Interest expenses				$ 30,716	$ 31,058
Amortization of debt discount				0	$ 19,418
Accrued interest				$ 162,626		$ 131,909
Beneficial conversion feature		$ 18,892	$ 526
Common stock shares issued upon conversion of debt, shares				26,740,500	27,544,200
Evergreen Solutions Ltd. [Member]
Common stock shares issued upon conversion of debt, shares	54,270,000
March 31, 2019 [Member] | Convertible Notes Payable [Member]
Convertible note conversion price				$ 0.01
Convertible note bearing interest				20.00%
Debt conversion, converted instrument, principal amount	$ 5,427
Beneficial conversion feature	$ 6,427			$ 6,427
Operating expenses				$ 6,427
March 31, 2019 [Member] | Convertible Notes Payable [Member] | Minimum [Member]
Convertible note conversion price	$ 0.01
Convertible note bearing interest	0.00%
March 31, 2019 [Member] | Convertible Notes Payable [Member] | Maximum [Member]
Convertible note conversion price	$ 0.0001
Convertible note bearing interest	20.00%
July 5, 2018 - 1 [Member] | Convertible Notes Payable [Member]
Convertible note conversion price				$ 0.001
Convertible note bearing interest				30.00%
Debt conversion, converted instrument, principal amount				$ 60,000
Extinguisment of debt				145,523
Beneficial conversion feature				$ 60,000
November 1, 2016 [Member] | Convertible Notes Payable [Member]
Convertible note conversion price				$ 0.005
Convertible note bearing interest				4.00%
Extinguisment of debt				$ 18,239
Beneficial conversion feature				$ 18,239
Maturity date				Nov. 01, 2017
June 30, 2017 [Member] | Convertible Notes Payable [Member]
Convertible note conversion price				$ 0.01
Convertible note bearing interest				35.00%
Beneficial conversion feature				$ 9,969
Operating expenses				$ 9,969
April 1, 2018 - 1 and 2 [Member] | Convertible Notes Payable [Member]
Convertible note conversion price				$ 0.01
Convertible note bearing interest				45.00%
Beneficial conversion feature				$ 20,000
Convertible promissory note				20,000
Patent purchase				$ 10,000
June 30, 2018 [Member] | Convertible Notes Payable [Member]
Convertible note conversion price				$ 0.01
Convertible note bearing interest				30.00%
Beneficial conversion feature				$ 28,376
Operating expenses				$ 28,376
December 31, 2018 [Member] | Convertible Notes Payable [Member]
Convertible note conversion price				$ 0.005
Convertible note bearing interest				35.00%
Beneficial conversion feature				$ 17,302
Operating expenses				$ 17,302
June 30, 2019 [Member] | Convertible Notes Payable [Member]
Convertible note conversion price				$ 0.005
Convertible note bearing interest				35.00%
Beneficial conversion feature				$ 17,037
Operating expenses				$ 17,037
September 30, 2019 [Member] | Convertible Notes Payable [Member]
Convertible note conversion price				$ 0.005
Convertible note bearing interest				35.00%
Beneficial conversion feature				$ 526
Operating expenses				$ 526
December 31, 2019 [Member] | Convertible Notes Payable [Member]
Convertible note conversion price				$ 0.005
Convertible note bearing interest				35.00%
Beneficial conversion feature				$ 18,892
Operating expenses				$ 18,892
March 31, 2020 [Member] | Convertible Notes Payable [Member]
Convertible note conversion price				$ 0.005
Convertible note bearing interest				35.00%
Beneficial conversion feature				$ 5,834
Operating expenses				$ 5,834
June 30, 2020 [Member] | Convertible Notes Payable [Member]
Convertible note conversion price				$ 0.001
Convertible note bearing interest				35.00%
Beneficial conversion feature				$ 2,000
Operating expenses				$ 2,000

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RELATED PARTY TRANSACTIONS (Details Narrative) - USD ($)	3 Months Ended		6 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2020	Dec. 31, 2019
Non-interest-bearing loan			$ 15,468
Operating expenses	$ 20,688	$ 10,950	24,310	$ 24,362
Sole Officer [Member]
Operating expenses			$ 15,468

XML

EQUITY (Details Narrative) - $ / shares	6 Months Ended
	Dec. 31, 2020	Jun. 30, 2020
EQUITY (Details Narrative)
Preferred stock, shares authorized	90,000,000	90,000,000
Preferred stock, par value	$ 0.0001	$ 0.0001
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, shares authorized	100,000,000	100,000,000
Common stock, shares par value	$ 0.0001	$ 0.0001
Cancellation of shares	13,820,000
Common stock, shares issued	45,603,598	59,423,598
Common stock, shares outstanding	45,603,598	59,423,598