Description of Business (Tables)

12 Months Ended

Jun. 30, 2021

Balance Sheet – June 30, 2020

	As Computed - Restated		As Reported		Effect of Change
Convertible Preferred Stock Series A - Value	$	324	$	3,000	$	(2,676	)
Convertible Preferred Stock Series B - Value	$	8	$	1,120	$	(1,112	)
Additional Paid in Capital	$	16,471,549	$	16,467,761	$	3,788

Convertible Preferred Stock Series A - Shares		324,325		3,000,000		(2,675,675	)
Convertible Preferred Stock Series B - Shares		7,567		1,120,000		(1,112,433	)

Schedule of derivative and number of shares of common stock issuable

The following table represents the value of the derivative and number of shares of common stock issuable for the holders to obtain 55% of the number of outstanding shares of common stock:

Balance Sheet – June 30, 2020

	As Computed - Restated			As Reported		Effect of Change
Derivative liability	$	3,775,678		$	-	$	3,775,678
Total current liabilities	$	7,032,322		$	3,256,644	$	3,775,678
Total liabilities	$	8,199,949		$	4,424,271	$	3,775,678

Accumulated deficit	$	19,776,802		$	16,001,124	$	3,775,678
Total equity (deficit)	$	(3,223,148	)	$	552,530	$	(3,775,678	)

Income Statement – June 30, 2020

	As Computed - Restated		As Reported			Effect of Change
Unrealized gain(loss) on derivative	$	6,811,623	$	-		$	6,811,623
Other income/ (expense)	$	5,794,379	$	(1,017,244	)	$	6,811,623
Net (loss) income	$	1,302,375	$	(5,509,248	)	$	6,811,623
Earnings (loss) per share - Basic	$	0.02	$	(0.07	)	$	0.09
Earnings (loss) per share - Basic	$	0.01	$	(0.07	)	$	0.08

Statement of Cash Flow – June 30, 2020

	As Computed - Restated			As Reported		Effect of Change
Net (loss) income	$	1,302,375		$	5,509,248	$	6,811,623
Loss (gain) on derivative liability	$	(6,811,623	)	$	-	$	(6,811,623	)

Statement of Equity – June 30, 2020

		As Computed - Restated				As Reported				Effect of Change
June 30, 2019 – Accumulated Deficit		$	(21,079,177	)		$	(10,491,876	)		$	(10,587,301	)