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Derivative liabilities (Tables)
9 Months Ended
Mar. 31, 2022
Derivative Liabilities  
Schedule of Binomial Model Assumptions Inputs

 

    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 %

 

      March 31, 2022  
Annual Dividend Yield      
Expected Life (Years)     0.50-3.00  
Risk-Free Interest Rate     0.74-2.45 %
Expected Volatility     103-164 %
Schedule of Fair Value of Derivative

Fair value of the derivative is summarized as below:

 

Beginning Balance, June 30, 2021   $ 2,217,361  
Additions   $ 1,568,862  
Mark to Market   $ 2,853,589  
Cancellation of Derivative Liabilities Due to Cash Repayment   $  
Reclassification to APIC Due to Conversions   $ (1,214,071 )
Ending Balance, March 31, 2022     5,425,741