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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Mar. 31, 2022
Mar. 31, 2021
Operating Expenses:        
    General & administrative expenses $ 223,624 $ 10,964 $ 359,221 $ 10,964
Compensation expense 101,176 211,456
Professional fees 81,730 112,741
    Stock based compensation 854,550
            Total operating expenses 406,530 10,964 1,537,968 10,964
Loss from operations (406,530) (10,964) (1,537,968) (10,964)
Other expense:        
    Interest expense (72,715) (3,781) (90,007) (15,125)
Loss on issuance of convertible debt (773,636) (1,072,346)
Change in fair value of derivatives 385,084 516,136
Debt discount amortization 108,633 140,728 12,500
Impairment expense (22,800) (22,800)
Loss on asset acquisition – related party (2,704,865) (2,704,865)
Loss on disposition of assets and liabilities (365,019) (365,019)
Total other expense (592,700) (3,073,665) (809,745) (3,097,509)
Loss before income taxes (999,230) (3,084,629) (2,347,713) (3,108,473)
Provision for income taxes
Net loss from continuing operations (999,230) (3,084,629) (2,347,713) (3,108,473)
Net income from discontinued operations 8,713 25,422
Net Loss $ (999,230) $ (3,075,916) $ (2,347,713) $ (3,083,051)
Net loss per common share, basic & diluted from continuing operations $ (0.00) $ (0.11) $ (0.01) $ (0.14)
Net income per common share, basic & diluted from discontinued operations 0.00 0.00
Net loss per common Share, basic & diluted $ (0.00) $ (0.11) $ (0.00) $ (0.14)
Weighted common shares outstanding, basic & diluted 295,432,901 27,988,889 288,361,958 21,348,175