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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
6 Months Ended
Dec. 31, 2022
Dec. 31, 2021
OPERATING ACTIVITIES:    
Net income $ 124,268 $ 451,956
Adjustment to reconcile net loss to net cash provided by operating activities:    
Gain from forgiveness of debt and interest (449,294)
Derivative liability loss (gain) (544,017) (562,995)
Loss on issuance of notes payable 154,355
Depreciation 2,596 2,598
Amortization of debt discounts 49,863 261,682
Changes in operating assets and liabilities:    
Accounts receivable (40,000)
Interest receivable (8,822) (277)
Prepaid director’s compensation 12,000
Loans receivable 847 (14,598)
Accounts payable 17,590 (1,395)
Accrued interest 15,176 48,042
Accrued director’s compensation 18,074
Net cash (used in) provided by operating activities (324,425) (137,926)
INVESTING ACTIVITIES:    
Notes receivable-long-term (150,000)
Net cash (used in) investing activities (150,000)
FINANCING ACTIVITIES:    
Issuance of stock for Regulation A financing 740,150
Repayments under loans payable-related parties (405)
Repayments under notes payable (26,597)
Borrowings from notes payable 136,250
Net cash provided by (used in) financing activities 849,398
NET INCREASE IN CASH AND CASH EQUIVALENTS (324,425) 561,472
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD 324,494 56,300
CASH AND CASH EQUIVALENTS, END OF PERIOD 69 617,772
Supplemental Disclosures of Cash Flow Information:    
Taxes paid
Interest paid
Non-cash investing and financing activities:    
Cancellation of common stock and stock to be issued 68,000
Cancellation of common stock as per court order 299,100
Issuance of common stock for debt and accrued interest $ 206,382