DERIVATIVE LIABILITY (Tables)

6 Months Ended

Dec. 31, 2023

Derivative Instruments and Hedging Activities Disclosure [Abstract]

SCHEDULE OF DERIVATIVE LIABILITY

The derivative liability at December 31, 2023 and June 30, 2023 consisted of:

	December 31, 2023		June 30, 2023
Convertible Promissory Notes payable to TXC Services, LLC. Please see NOTE F – NOTES PAYABLE, THIRD PARTIES for further information	$	2,277,788	$	-
Convertible Promissory Notes payable to Tri-Bridge Ventures, LLC. Please see NOTE F – NOTES PAYABLE, THIRD PARTIES for further information		1,501,458		1,180,680
Total derivative liability	$	3,779,246	$	1,180,680

SCHEDULE OF EMBEDDED DERIVATIVE LIABILITY MEASURED AT FAIR VALUE USING SIGNIFICANT UNOBSERVABLE INPUTS

The following table provides a reconciliation of the beginning and ending balances for the convertible note embedded derivative liability measured at fair value using significant unobservable inputs (Level 3):

	Level 3
Balance at June 30, 2023	$	1,180,680
Additions		-
(Gain) Loss		2,598,566
Change resulting from conversions and payoffs		-
Balance at December 31, 2023	$	3,779,246