Discontinued Operations (Tables)

12 Months Ended

Jun. 30, 2019

Discontinued Operations and Disposal Groups [Abstract]

Schedule of Disposal Groups, Including Discontinued Operations

The assets and liabilities associated with discontinued operations included in our Consolidated Balance Sheets were as follows:

	June 30, 2019						June 30, 2018
	Discontinued		Continuing		Total		Discontinued		Continuing		Total
Assets
Current Assets
Cash	$	-	$	33,996	$	33,996	$	-	$	261	$	261
Accounts receivable, net		-		2,526,155		2,526,155		-		-		-
Prepaid expenses		-		8,820		8,820		-		-		-
Total Current Assets		-		2,568,971		2,568,971		-		261		261
Property and equipment, net		-		11,048		11,048		-		-		-
Goodwill		-		6,020		6,020		-		-		-
Intangible asset - developed software, net		-		3,025,801		3,025,801		-		-		-
Other assets		-		3,058		3,058		-		800		800
Total Assets	$	-	$	5,614,898	$	5,614,898	$	-	$	1,061	$	1,061
Liabilities
Current Liabilities
Accounts payable	$	82,795	$	366,274	$	449,069	$	124,508	$	421,056	$	545,564
Accrued expenses		-		3,368,801		3,368,801		-		1,273,569		1,273,569
Due to related parties		-		65,459		65,459		-		226,045		226,045
Notes payable to officers		-		25,251		25,251		-		777,912		777,912
Convertible notes payable, net		-		2,351		2,351		-		-		-
Notes payable to director and investor		-		-		-		-		133,274		133,274
Note payable to finance company		-		-		-		39,468		-		39,468
Liabilities in arrears with convertible features		-		109,000		109,000		-		997,698		997,698
Liabilities in arrears - judgement settlement agreement (Note 9)		-		855,660		855,660		-		-		-
Derivative liability		-		133,669		133,669		-		-		-
Total Current Liabilities	$	82,795	$	4,926,465	$	5,009,260	$	163,976	$	3,829,554	$	3,993,530

The revenues and expenses associated with discontinued operations included in our Consolidated Statements of Operations were as follows:

	Year Ended
	June 30,
	2019									2018
	Discontinued			Continuing			Total			Discontinued			Continuing			Total
Revenue	$	-		$	2,500,000		$	2,500,000		$	-		$	-		$	-
Cost of revenue		-			-			-			-			-			-
Gross Profit		-			2,500,000			2,500,000			-			-			-
General and administrative expenses		-			4,265,886			4,265,886			22,009			735,026			757,035
Operating loss		-			(1,765,886	)		(1,765,886	)		(22,009	)		(735,026	)		(757,035	)
Other Income (Expense):
Interest expense		(11,508	)		(210,594	)		(222,102	)		(41,957	)		(246,162	)		(288,119	)
Loss on change in fair value of derivative liability		-			(30,508	)		(30,508	)		-			-			-
Initial derivative expense		-			(25,161	)		(25,161	)		-			-			-
Amortization of debt discount		-			(2,260	)		(2,260	)		-			-			-
Amortization of deferred financing costs		-			(90	)		(90	)		-			-			-
Gain on extinguishment of debt		30,448			60,398			90,846			250,570			1,107,922			1,358,492
Other income		-			-			-			566			-			566
Total Other Income (Expense)		18,940			(208,215	)		(189,275	)		209,179			861,760			1,070,939
Income (Loss) before income taxes		18,940			(1,974,101	)		(1,955,161	)		187,170			126,734			313,904
Income taxes		-			-			-			-			-			-
Net income (loss)	$	18,940		$	(1,974,101	)	$	(1,955,161	)	$	187,170		$	126,734		$	313,904