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CONVERTIBLE NOTES PAYABLE AND NOTES PAYABLE (Tables)
6 Months Ended
Dec. 31, 2022
CONVERTIBLE NOTES PAYABLE AND NOTES PAYABLE  
Schdule of Convertible debentures

 

 

December 31,

 

 

June 30,

 

 

 

2022

 

 

2022

 

Convertible notes payable

 

$1,558,481

 

 

$1,487,431

 

Discount on convertible notes

 

 

-

 

 

 

(412,944 )

Convertible notes, net

 

 

1,558,481

 

 

 

1,074,487

 

Schedule of convertible notes payable

Convertible payable at June 30, 2022

 

$1,487,431

 

Convertible notes issued during the six months ended December 31, 2022

 

 

105,000

 

Conversion of convertible notes payable into common stock

 

 

(33,950 )

Convertible payable at December 31, 2022

 

$1,558,481

 

Schedule of loss on a extinguishment of debt

Value of warrants issued

 

$186,972

 

Write-off of unamortized debt discount

 

 

317,953

 

Loss on extinguishment of debt

 

$504,925

 

Schdule of conversion of debt of common shares

 

 

 

 

Amount of

 

 

 Amount of

 

 

 

 

 

 

Conversion

 

 

 

Shares

 

 

Converted

 

 

 Converted

 

 

Conversion

 

 

 

 

Price

 

Name

 

Issued

 

 

Principal

 

 

Interest

 

 

Expense

 

 

Total

 

 

Per Share

 

Talos Victory Fund

 

 

150,000

 

 

$33,950

 

 

$10,800

 

 

$1,750

 

 

$46,500

 

 

$0.31

 

Mast Hill

 

 

98,550

 

 

 

0

 

 

 

28,799

 

 

 

1,750

 

 

 

30,549

 

 

 

0.31

 

Total

 

 

248,550

 

 

$33,950

 

 

$39,599

 

 

$3,500

 

 

$77,049

 

 

$0.31