Derivative Liabilities (Tables)

9 Months Ended

Mar. 31, 2021

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 March 31, 2021 and June 30, 2020:

	March 31, 2021			June 30, 2020
Expected volatility		136-286	%		158-240	%
Risk free rate		0.04-0.14	%		0.16	%
Expected life (in years)		0.2-1.0			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		403,378
Adjustment for conversion/prepayment		(24,578,328	)
Mark-to-market adjustment		19,655,296
Balance, March 31, 2021		–