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Income Taxes (Tables)
12 Months Ended
Jun. 30, 2019
Income Tax Disclosure [Abstract]  
Summary of Effective Income Tax Rates

At June 30, 2019 and 2018, the difference between the effective income tax rate and the applicable statutory federal income tax rate is summarized as follows:

 

   June 30, 
   2019   2018 
Statutory federal rate   (21.0)%   (21.0)%
State income tax rate, net of federal benefit   (7.2)%   (7.2)%
Permanent differences, including stock based compensation and beneficial conversion interest expense   28.9%   

29.0

%
Change in valuation allowance   (0.7)%   (0.8)%
Effective tax rate   -%   -%
Schedule of Deferred Tax Assets and Liability

At June 30, 2019 and 2018, the Company’s deferred tax assets were as follows:

 

   June 30, 
   2019   2018 
Deferred tax liability          
Property and equipment  $     -   $     - 
Total deferred tax liability  $-   $- 

 

    June 30,  
    2019     2018  
Deferred tax asset                
Federal and state net operating loss carry forward   $ 26,156,755     $ 27,672,065  
Other temporary differences     -       -  
Total deferred tax asset     26,156,755      

27,672,065

 
Net deferred tax asset     26,156,755       27,672,065  
Less: valuation allowance     (26,156,755 )     (27,672,065 )
    $ -     $ -