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Condensed Consolidated Balance Sheets - USD ($)
Sep. 30, 2022
Jun. 30, 2022
Current Assets    
Cash and cash equivalents $ 2,706,441 $ 6,491,937
Prepaid expenses 186,576 85,538
Other asset 2,000,000 0
Total Current Assets 4,893,017 6,577,475
Intangible assets 8,318 10,714
Total Assets 4,901,335 6,588,189
Current Liabilities    
Accounts payable and accrued expenses 364,679 256,534
Accounts payable - related party 66,464 37,723
Loan payable - related party 154,401 165,304
Advances payable - related parties 2,936 3,143
Other current liability 7,198 7,740
Total Current Liabilities 595,678 470,444
Total Liabilities 595,678 470,444
Stockholders' Equity    
Preferred Shares - 10,000,000 authorized, $0.001 par value Seed Preferred Shares, 7,800,000 designated, $0.001 par value, of which 4,660,000 are issued and outstanding as of September 30, 2022 and June 30, 2022, respectively 4,660 4,660
Common Shares - 290,000,000 authorized, $0.001 par value, 47,704,920 and 44,004,920 shares issued and outstanding as at September 30, 2022 and June 30, 2022, respectively 47,705 44,005
Additional Paid in Capital 31,062,322 14,653,403
Deferred compensation (10,956,215) 0
Accumulated Deficit (15,871,290) (8,590,925)
Other Comprehensive Income 18,475 6,602
Total Stockholders' Equity 4,305,657 6,117,745
Total Liabilities and Stockholders' Equity $ 4,901,335 $ 6,588,189