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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Jun. 30, 2023
Jun. 30, 2022
OPERATING ACTIVITIES:    
Net (loss) $ (1,034,040) $ (1,278,315)
Adjustment to reconcile net loss to net cash provided by operating activities:    
Issuance of common stock for stock-based professional fees 75,000
Issuance of Series L preferred stock in settlement of related party accounts due 27,171
Derivative liability (gain) loss 67,799 51,274
Forgiveness of debt and accrued interest (449,293)
Loss on issuance of note payable 217,372
Write-off of note, accrued interest receivable and accounts receivable 369,838
Impairment of goodwill 473,323
Depreciation 5,192 5,193
Amortization of debt discounts 49,863 425,122
Changes in operating assets and liabilities:    
Accounts and loans receivable (31,218)
Prepaid director’s compensation 12,000
Accounts payable 16,095 11,439
Accrued interest 30,645 78,693
Net cash (used in) operating activities (392,437) (484,410)
INVESTING ACTIVITIES:    
Deposit on building (15,000)
Note receivable (350,000)
Net cash (used in) investing activities (15,000) (350,000)
FINANCING ACTIVITIES:    
Borrowings from loans payable officer 11,243
Issuance of stock for Regulation A financing 915,200
Proceeds from notes payable-third parties 90,000
Payments under notes payable (26,597)
Borrowings from notes payable 223,750
Payments on related party loans (9,749)
Net cash provided by financing activities 101,243 1,102,604
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS (306,194) 268,194
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD 324,494 56,300
CASH AND CASH EQUIVALENTS, END OF PERIOD 18,300 324,494
Supplemental Disclosures of Cash Flow Information:    
Taxes paid
Interest paid
Non-cash investing and financing activities:    
Cancellation of common stock as per court order 299,100
Cancellation of common stock to be issued 212,803
Issuance of common stock for debt 251,098 411,119
Issuance of Series L Preferred stock for payment of professional services 75,000
Issuance of common stock for return of Series L Preferred stock $ 102,803