Debt settlements

12 Months Ended

Jun. 30, 2017

Notes to Financial Statements

Debt settlements

8. Debt settlements  

During the year ended June 30, 2017, the following debts were converted into 25,441,007 of the Company’s common shares:   

On October 3, 2016, $8,334 principal with $4,181 accrued interest were converted into 439,086 shares.

On October 3, 2016, $20,833 principal with $9,515 accrued interest were converted into 1,064,841 shares.

On November 3, 2016, $50,000 principal with $24,955 accrued interest were converted into 982,620 shares.

On February 8, 2017, $25,000 principal with $15,225 accrued interest were converted into 8,045,000 shares.

On May 1, 2017, $25,000 principal with $15,295 accrued interest were converted into 1,343,167 shares.

On March 30, 2017, $25,000 principal with $12,482 accrued interest were converted into 1,070,943 shares.

On March 30, 2017, $40,000 principal with $20,668 accrued interest were converted into 1,733,400 shares.

On April 4, 2017, $25,000 principal with $15,505 accrued interest were converted into 1,350,167 shares.

On May 5, 2017, $25,000 principal with $15,314 accrued interest were converted into 2,000,000 shares.

On June 26, 2017, $115,518 principal and interest were converted into 3,300,507 shares.

On May 30, 2017, $43,297 principal with accrued interest of $4,365 was converted into 1,550,000 shares.

On May 31, 2017, $25,000 principal and interest were converted into 727,272 shares.

On June 7, 2017, $25,000 principal and interest were converted into 826,446 shares.

On June 15, 2017, $30,478 principal and interest were converted into 1,007,558 shares.

During the year ended June 30, 2016, $25,000 convertible notes with $10,207 accrued interest were converted into 697,730 shares.