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Going Concern Uncertainty
9 Months Ended
Mar. 31, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Going Concern Uncertainty

NOTE 18 GOING CONCERN UNCERTAINTY

 

As shown in the accompanying consolidated financial statements, the Company has accumulated deficit of $41,554,550 as of March 31, 2019 and total stockholders’ deficit of $2,503,736. For the nine months ended March 31, 2019, the Company incurred a net loss of $1,003,251 as compared to a net loss in the amount of $1,673,680 during the same period ended March 31, 2018. These factors as well as the uncertain conditions that the Company faces in its day-to-day operations with respect to cash flows create an uncertainty as to the Company’s ability to continue as a going concern. The financial statements do not include any adjustments that might be necessary should the Company be unable to continue as a going concern. Management believes the Company will be able to generate sufficient cash to meet its operating needs through June 30, 2019 and beyond.