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Consolidated Balance Sheets (Unaudited) - USD ($)
Dec. 31, 2024
Jun. 30, 2024
Current Assets    
Cash and cash equivalents $ 310 $ 303
Other current assets 8,333 58,333
Total current assets 8,643 58,636
Other assets:    
Investments 31,200 32,220
Total Assets 39,843 90,856
Current Liabilities    
Accounts payable 628,120 626,730
Sub-fund obligations 1,624,775 1,624,775
Accrued expenses 1,983,283 1,795,874
Short-term loans and notes payable 6,063,081 4,460,981
Convertible Promissory Notes - Institutional Investor 5,000 5,000
Due to Officers 266,954 278,812
Advances from customers 948,964 952,650
Total Liabilities 11,520,177 9,744,823
Stockholders’ deficit:    
Total Preferred Stock 2,440 2,440
Common stock, $0.001 par value; 60 billion shares authorized;46,873,940,565 shares issued and outstanding on 12/31/2024; 60 billion shares authorized and 46,873,940,565 shares issued and outstanding on 6/30/2024, respectively, adjusted for 1 for 1,500 reverse split effective March 15, 2012. Par value: 46,873,941 46,873,941
APIC - Common Stock 29,109,985 29,109,985
Common Stock to be issued 2,090,873 1,890,290
Common Stock to be cancelled (35,500) (35,500)
Treasury stock: 484,767 shares as of 12/31/24 and 6/30/24, respectively - cost method. (44,170) (44,170)
Accumulated deficit (87,540,740) (85,514,751)
Total Acc. Other Comprehensive Income (Loss) (1,937,163) (1,936,201)
Total stockholders’ deficit (11,480,334) (9,653,967)
Total liabilities and stockholders’ deficit 39,842 90,856
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 12/31/2024 and 6/30/2024 respectively. Par value: 600 600
APIC - Class B Series I $ 1,840 $ 1,840