Convertible Promissory Notes and Notes Payable (Tables)

6 Months Ended

Dec. 31, 2021

Convertible Promissory Notes and Notes Payable

Schedule Convertible Promissory Notes and Notes Payable

	Maturity Date	December 31, 2021
6% $500,000 Note Payable	January 31, 2022	$	500,000
6% $500,000 Note Payable, convertible to common shares at $5.00 per share	August 1, 2022		500,000
5% $33,967 Note Payable	November 7, 2026		32,963
Total notes payable			1,032,963
Less current portion of notes payable			1,006,197
Notes payable, net of current portion		$	26,766

Schedule of future payment

Future payments on notes payable are as follows:
For the year ended June 30:
2022	$	503,061
2023		506,350
2024		6,668
2025		7,001
2026		7,351
Thereafter		2,532
	$	1,032,963