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Consolidated Balance Sheets (Unaudited) - USD ($)
Mar. 31, 2024
Jun. 30, 2023
Current Assets    
Cash and cash equivalents $ 41,745 $ 19,765
Marketable securities 420
Other current assets 83,333 241,426
Total current assets 125,078 261,611
Other assets:    
Investments 32,400 32,604
Total Assets 157,478 294,215
Current Liabilities    
Accounts payable 621,280 616,245
Sub-fund obligations 1,624,775 1,624,775
Accrued expenses 2,288,990 1,485,310
Short-term loans and notes payable 3,167,163 1,164,685
Convertible Promissory Notes 54,420 297,805
Advances from customers and client deposits 1,029,757 1,079,038
Derivative liabilities and Note Discount 12,964 1,220,576
Total Liabilities 9,094,131 8,516,217
Stockholders’ deficit:    
Total Preferred Stock 2,440 2,440
Common stock, value 46,150,490 39,414,493
APIC - Common Stock 29,544,056 32,773,102
Common Stock to be issued 1,106,790 22,500
Common Stock to be cancelled (35,500) (35,500)
Treasury stock: 484,767 shares as of 3/31/24 and 6/30/23, respectively - cost method. (44,170) (44,170)
Accumulated deficit (83,711,642) (77,319,372)
Total Acc. Other Comprehensive Income (Loss) (1,949,117) (3,035,495)
Total stockholders’ deficit (8,936,653) (8,222,002)
Total liabilities and stockholders’ deficit 157,478 294,215
Class B Series I Preferred Stock [Member]    
Stockholders’ deficit:    
Preferred Stock, $0.001 par value; 500,000,000 shares authorized. 600,000 shares of Class B Series I issued and outstanding as of 3/31/2024 and 6/30/2023 respectively. Par value: 600 600
APIC - Class B Series I 1,840 1,840
Related Party [Member]    
Current Liabilities    
Due to officers $ 294,782 $ 1,027,782