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Derivative Liabilities (Tables)
12 Months Ended
Jun. 30, 2021
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Binomial Model Assumptions Inputs

The Binomial model with the following assumption inputs:

 

    June 30, 2020  
Annual Dividend Yield      
Expected Life (Years)     0.50-1.00    
Risk-Free Interest Rate     0.16-2.10 %
Expected Volatility     113-175 %

 

    June 30, 2021  
Annual Dividend Yield      
Expected Life (Years)     0.50-3.00  
Risk-Free Interest Rate     0.01-0.46 %
Expected Volatility     89-236 %

Schedule of Fair Value of Derivative

Fair value of the derivative is summarized as below:

 

Beginning Balance, June 30, 2020   $ 5,597,095  
Additions   $ 2,663,892  
Mark to Market   $ (230,573 )
Cancellation of Derivative Liabilities Due to Cash Repayment   $ (856,910 )
Reclassification to APIC Due to Conversions   $ (4,956,143 )
Ending Balance, June 30, 2021     2,217,361