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GOING CONCERN UNCERTAINTY
9 Months Ended
Mar. 31, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
GOING CONCERN UNCERTAINTY

NOTE 14 - GOING CONCERN UNCERTAINTY

 

As shown in the accompanying consolidated financial statements, the Company has accumulated deficit of $as of March 31, 2024 and total stockholders’ deficit of $8,936,653. For the quarter ended March 31, 2024, the Company incurred a net loss of $1,690,405 as compared to a net loss of $1,778,712 during the same period ended March 31, 2023. 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 has taken action to strengthen the Company’s working capital position and generate sufficient cash to meet its operating needs through June 30, 2024 and beyond.