CONVERTIBLE NOTES PAYABLE AND NOTE PAYABLE (Details Narrative) - USD ($) |
1 Months Ended | ||
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Sep. 30, 2022 |
Mar. 31, 2023 |
Jun. 30, 2022 |
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Promissory notes | $ 343,262 | ||
Loss on Convertible notes payable | 15,068 | ||
Convertible notes payable | 1,431,790 | $ 1,074,487 | |
Promissory Notes [Member] | |||
Promissory notes | 205,000 | ||
Issued common stock warrants | 138,667 | ||
Convertible notes payable | 324,000 | ||
Convertible promissory notes | $ 150,000 | ||
Interest | 12.00% | ||
Exercise price | $ 1.35 | ||
Minimum | Notes Payable | |||
Accrued interest | $ 205,000 | 207,000 | |
Discount | $ 11,738 | 205,000 | |
Debt instrument interest rate percentage | 0.00% | ||
Minimum | Convertible Notes Payable [Member] | |||
Convertible debt instrument conversion price per share | $ 0.21 | ||
Accrued interest | $ 230,000 | $ 197,800 | |
Debt instrument interest rate percentage | 0.00% | ||
Maximum | Notes Payable | |||
Debt instrument interest rate percentage | 16.00% | ||
Maximum | Convertible Notes Payable [Member] | |||
Convertible debt instrument conversion price per share | $ 22,500 | ||
Debt instrument interest rate percentage | 18.00% |
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- Definition Including the current and noncurrent portions, carrying amount of debt identified as being convertible into another form of financial instrument (typically the entity's common stock) as of the balance sheet date, which originally required full repayment more than twelve months after issuance or greater than the normal operating cycle of the company. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Including the current and noncurrent portions, carrying value as of the balance sheet date of a written promise to pay a note, initially due after one year or beyond the operating cycle if longer, which can be exchanged for a specified amount of one or more securities (typically common stock), at the option of the issuer or the holder. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The price per share of the conversion feature embedded in the debt instrument. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Contractual interest rate for funds borrowed, under the debt agreement. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount, after accumulated amortization, of debt discount. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of interest payable on debt, including, but not limited to, trade payables. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Rate of interest on investment. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Number of new stock issued during the period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Per share increase in exercise price of option. Excludes change due to standard antidilution provision and option granted under share-based payment arrangement. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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