DERIVATIVE LIABILITIES (Details 1) - USD ($) |
12 Months Ended | |
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Jun. 30, 2019 |
Jun. 30, 2018 |
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DERIVATIVE LIABILITIES | ||
Beginning Balance | $ 1,016,865 | $ 114,316 |
Addition of new derivatives recognized as debt discounts | 85,000 | 285,500 |
Addition of new derivatives recognized as loss on derivatives | 461,198 | 689,272 |
Settled on issuance of common stock | (295,541) | |
Settled due to conversion of debt | (987,744) | |
Loss on change in fair value of the derivative | 3,493 | 223,318 |
Ending Balance | $ 578,812 | $ 1,016,865 |
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- Definition Amount of amortization expense attributable to debt discount (premium) and debt issuance costs. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of gain (loss) from the increase (decrease) in fair value of derivative and nonderivative instruments designated as fair value hedging instruments recognized in the income statement. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of unrealized gain (loss) recognized in income from liability measured at fair value on recurring basis using unobservable input (level 3) and still held. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of cash inflow from capital contributions to an entity associated with a dividend reinvestment plan. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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