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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
9 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Cash flows from operating activities:    
Net income (loss) from operations $ (1,003,251) $ (1,673,680)
Adjustments to reconcile net income to net cash used in operating activities:    
(Increase) decrease in other assets and prepaid expenses (4,095,163) (880,049)
Increase (decrease) in accounts payable and accrued expenses 2,885,648 1,524,220
Net cash provided by (used in) operating activities (2,212,766) (1,029,509)
Cash flows from investing activities:    
Investments in other companies (1,311,419) (25,005,000)
Net cash provided by (used in) investing activities (1,311,419) (25,005,000)
Cash flows from financing activities:    
Changes in Common stock and APIC 2,507,216 1,594,686
Changes in Preferred stock and APIC 1,311,539 20,000,000
Acc. Other comprehensive income (loss) (474,494) (26,178)
Changes in Treasury stock (3,262)
Demand Promissory Note 4,809,500
Changes in Long-term Liabilities 223,647 (218,020)
Net cash provided by (used in) financing activities 3,567,909 26,156,725
Net increase in cash and cash equivalents 43,724 122,217
Cash and cash equivalents, beginning of period 13,937 38,369
Cash and cash equivalents, end of period $ 57,661 $ 160,585