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v3.21.2

Condensed Consolidated Balance Sheets - USD ($) | Jun. 30, 2021 | Jun. 30, 2020
--- | --- | ---
CURRENT ASSETS: |  |
Cash and cash equivalents | $ 174,189 | $ 988,696
Accounts receivable | 3,191,711 |
Other receivables | 8,900 | 1,002,300
Prepayments and advances | 4,267,827 | 1,170,000
Total current assets | 7,642,627 | 3,160,996
OTHER ASSETS |  |
Prepayments, non-current | 52,000,000 |
Property, plant and equipment, net | 9,160,214 | 3,958,335
Intangible assets, net | 12,272,326 |
Total other assets | 73,432,540 | 3,958,335
Total assets | 81,075,167 | 7,119,331
CURRENT LIABILITIES: |  |
Other payables and accrued liabilities | 517,134 | 518,122
Other payables - related party | 10,711 | 10,711
Deferred revenue | 3,596,821 |
Total current liabilities | 4,124,666 | 528,833
Total liabilities | 4,124,666 | 528,833
COMMITMENTS AND CONTINGENCIES |  |
SHAREHOLDERS’ EQUITY: |  |
Ordinary shares, $0.001 par value, 200,000,000 shares authorized, 110,356,629 and 25,623,822 shares issued and outstanding as of June 30, 2021 and 2020, respectively | 110,357 | 25,624
Additional paid-in-capital | 147,684,772 | 69,689,789
Deferred stock compensation | (682,383) | (1,201,183)
Deficit | (70,162,245) | (61,923,732)
Total shareholders’ equity | 76,950,501 | 6,590,498
Total liabilities and shareholders’ equity | $ 81,075,167 | $ 7,119,331

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