XML 32 R6.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Statements of Cash Flows (Unaudited) - USD ($)
6 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Statement of Cash Flows [Abstract]    
Net loss $ (532,448) $ (758,114)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 3,894 3,893
Stock option expense 60,699
Changes in assets and liabilities and stockholders deficit:    
(Increase) decrease in due from related party (99,165)
(Increase) decrease in employee advances (5,000)  
(Increase) decrease in royalty receivable 21,753
(Increase) decrease in other receivables (11,115)
(Increase) decrease in prepaid expenses 943 538
Increase (decrease) in accounts payable and accrued expenses 159,910 (13,426)
Increase (decrease) in accrued payroll taxes and penalties 1
Change in right of use asset/lease obligation, net 10,682
Total adjustments 231,128 (97,521)
Net cash used in operating activities (301,320) (855,635)
Cash flows from financing activities:    
Proceeds from promissory notes, related party 220,000 400,000
Proceeds from issuance of common stock 70,000 150,000
Proceeds from common stock subscription deposits 50,000
Net cash provided by financing activities 290,000 600,000
Net decrease in cash and cash equivalents (11,320) (255,635)
Cash and cash equivalents at beginning of period 44,615 271,540
Cash and cash equivalents at end of period 33,295 15,905
Supplemental Disclosure of cash flow information:    
Cash paid for interest $ 23,712 $ 12,822