v3.21.1
Summary of Significant Accounting Policies (Tables)
9 Months Ended
Mar. 31, 2021
Accounting Policies [Abstract]  
Schedule of Capital Structure

In accordance with ASC 505, Equity, the Company's capital structure is as follows:

                      

 

 

 

March 31, 2021

 

 

 

 

 

 

 

Authorized

 

Issued

 

Outstanding

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Common stock

 

     4,000,000,000

 

2,860,944,203

 

   2,810,905,578

 

$.0001 par value, one vote per share

 

 

Preferred stock

 

        200,000,000

 

                  -   

 

                      -   

 

$.0001 par value, one vote per share

 

 

Preferred stock - Class A

 

               750,000

 

                  -   

 

                      -   

 

$.0001 par value; no voting rights

 

 

Preferred stock - Class B

 

            1,000,000

 

                  -   

 

                      -   

 

Voting rights of 10 votes for

Preferred B share; 2% preferred dividend payable annually

 

 

 

 

 

 

 

 

 

 

Preferred stock - Class C

 

            9,000,000

 

                  -   

 

                      -   

 

$.0001 par value; 500 votes per share, convertible to common stock

 

         
         
         

 

 

 

 

 

 

 

 

 

 

Preferred stock - Class D

 

             1,000,000

 

                  -   

 

                      -   

 

$.0001 par value; no voting

 rights, convertible to common stock, mandatory conversion to common stock 18 months after issue

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Preferred stock - Class E

 

               500,000

 

          500,000

 

             500,000

 

$.0001 par value; no voting

rights, convertible to common

stock

 

 

June 30, 2020

 

 

 

 

 

 

Authorized

 

Issued

 

Outstanding

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Common stock

 

       4,000,000,000

 

628,039,242

 

628,000,617

 

$.0001 par value, one vote per share

 

 

     

 

 

 

 

Preferred stock

 

         200,000,000

 

                  -   

 

                      -   

 

$.0001 par value, one vote per share

 

 

     

 

 

 

 

Preferred stock - Class A

 

               750,000

 

                  -   

 

                      -   

 

$.0001 par value; no voting rights

 

 

     

 

 

 

 

Preferred stock - Class B

 

             1,000,000

 

                  -   

 

                      -   

 

Voting rights of 10 votes for 1 Preferred B share; 2% preferred dividend payable annually

 

 

     

 

 

 

 

Preferred stock - Class C

 

             9,000,000

 

                  -   

 

                      -   

 

$.0001 par value; 500 votes per share, convertible to common stock

 

Preferred stock - Class D

 

           

  1,000,000

 

 

  -   

 

 

                  

    -   

 

 

$.0001 par value; no voting

rights, convertible to common stock, mandatory conversion to common stock 18 months after issue

 

 

     

 

 

 

     

 

 

 

 

Preferred stock - Class E

 

               500,000

 

        500,000

 

       500,000

 

$.0001 par value; no voting rights, convertible to common stock