Derivative Liabilities (Tables)

6 Months Ended

Dec. 31, 2020

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Derivative Liability Inputs and Assumptions Outstanding

The following inputs and assumptions were used to value the derivative liabilities outstanding at December 31, 2020 and June 30, 2020:

	December 31, 2020			June 30, 2020
Expected volatility		158-208	%		158-240	%
Risk free rate		0.12-0.14	%		0.16	%
Expected life (in years)		0.25-1.0			0.5-1.0

Summary of Derivative Liability Activity

A summary of the activity of the derivative liability is shown below:

	$
Balance, June 30, 2020		4,519,654
Derivative additions associated with convertible notes		275,000
Adjustment for conversion/prepayment		(5,143,495	)
Mark-to-market adjustment		7,018,171
Balance, December 31, 2020		6,669,330