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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Cash Flows from Operating Activities    
Net loss $ (777,340) $ (4,924,936)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation 10,346 5,905
Original issue discount on debt 15,200 61,596
Stock compensation 0 1,361,133
Financing cost 0 0
Loss on equity investment 0 0
Imputed interest 5,205 11,893
Changes in operating Assets and Liabilities:    
Account receivable 919 (918)
Other receivable 0 61,771
Other long term asset 2,000 (13,138)
Other short term asset 0 0
Inventory 7,709 (108,211)
Accounts payable and accrued expense 13,050 1,380,314
Customer advances 66,331 157,000
Other liabilities (7,863) 194,318
Other payable (88,459) 333,415
Net cash used in operating activities from continuing operations (752,902) (1,479,858)
Net cash used in operating activities (752,902) (1,479,858)
Cash Flows from Investing Activities    
Purchase of property and equipment (44,420) (16,851)
Net cash used in investing activities (44,420) (16,851)
Cash Flows from Financing Activities    
Proceeds from issuance of common stock 92,080 97,500
Short term loan 521,284 183,932
Long term loan 324,682 639,734
Advances from related party (148,718) 250,109
Repayment to related party 0 (8,219)
Net cash provided by financing activities 789,328 1,163,056
Net increase in cash (7,994) (333,653)
Cash beginning of period 62,643 396,136
Effect of foreign currency translation (499) 160
Cash end of period 54,150 62,643
Interest paid 0 0
Taxes paid 0 0
Non-cash transactions    
Shares issued for equity investment $ 0 $ 0