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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended 9 Months Ended 12 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Mar. 31, 2021
Mar. 31, 2020
Jun. 30, 2020
Jun. 30, 2019
CASH FLOWS FROM OPERATING ACTIVITIES            
Net loss $ (1,549,823) $ (507,259) $ (2,798,680) $ (1,713,826) $ (4,553,000) $ (2,659,000)
Adjustments to reconcile net loss to net cash used in operating activities:            
Depreciation expense 206 347 620 1,041    
Forgiveness of debt (34,800) (34,800)    
Accrued interest on loans payable, deferred compensation and other     572,431 381,536    
Stock-based compensation     1,072,481 117,100    
Decrease in prepaid expenses     1,906 4,022    
(Decrease) increase in accounts payable and accrued expenses     (39,521) 57,195    
Increase in deferred compensation     341,705 399,616    
Net cash used in operating activities     (883,858) (753,316)    
CASH FLOWS FROM FINANCING ACTIVITIES            
Proceeds from sale of units     1,850,000 1,159,000    
Commissions on sale of units     (160,000) (105,400)    
Proceeds from sale of common shares     300,000    
Proceeds from exercise of warrants     3,750    
Proceeds from loans payable - affiliates     35,000    
Repayment of loans payable - affiliates     (20,000)    
Net cash provided by financing activities     1,993,750 1,068,600    
Net increase in cash     1,109,892 315,284    
Cash at beginning of period     560,828 41,335 41,335  
Cash at end of period $ 1,670,720 $ 356,619 1,670,720 356,619 $ 560,828 $ 41,335
Supplemental disclosure of cash flow information:            
Cash paid for interest     28    
Non-cash investing and financing transactions:            
Conversion of debt and liabilities into common units     168,151 71,658    
Conversion of deferred compensation into notes payable - related party     636,081    
Warrants issued for unit commissions     $ 16,100 $ 10,984