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Condensed Financial Information of the Parent Company (Tables) | 12 Months Ended
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Jun. 30, 2021
Condensed Financial Information Disclosure [Abstract] |
Schedule of parent company balance sheets |
|  | June 30, 2021 |  |  | June 30, 2020 |
ASSETS
CURRENT ASSETS: |  |  |  |  |  |
Cash |  | $ | 26,636 |  |  | $ | 793,234 |
Other receivables |  |  | 8,900 |  |  |  | 1,002,300 |
Prepayments and advances |  |  | 4,300 |  |  |  | 150,000 |
Total current assets |  |  | 39,836 |  |  |  | 1,945,534 |
OTHER ASSETS: |  |  |  |  |  |  |  |
Intercompany receivable |  |  | 74,858,613 |  |  |  | 1,709,710 |
Investment in subsidiaries |  |  | 2,459,560 |  |  |  | 3,457,764 |
Total other assets |  |  | 77,318,173 |  |  |  | 5,167,474 |
Total assets |  | $ | 77,358,009 |  |  | $ | 7,113,008 |
LIABILITIES AND SHAREHOLDERS’ EQUITY |  |  |  |  |  |  |  |
CURRENT LIABILITIES: |  |  |  |  |  |  |  |
Other payables and accrued liabilities |  | $ | 396,797 |  |  | $ | 511,799 |
Other payables - shareholders |  |  | 10,711 |  |  |  | 10,711 |
Total current liabilities |  |  | 407,508 |  |  |  | 552,510 |
Total liabilities |  |  | 407,508 |  |  |  | 552,510 |
COMMITMENTS AND CONTINGENCIES |  |  |  |  |  |  |  |
SHAREHOLDERS’ EQUITY: |  |  |  |  |  |  |  |
Preferred share, $0.001 par value, 1,000,000 shares authorized, no share issued or outstanding |  |  | - |  |  |  | - |
Ordinary share, $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 |  | $ | 77,358,009 |  |  | $ | 7,113,008 |
Schedule of parent company statements of operations and comprehensive loss |
|  | For the Years Ended June 30, |
|  | 2021 |  |  | 2020 |  |  | 2019 |
GENERAL AND ADMINISTRATIVE EXPENSES |  | $ | (2,821,121 | ) |  | $ | (1,402,044 | ) |  | $ | (1,756,972 | )
STOCK COMPENSATION EXPENSE |  |  | (5,717,900 | ) |  |  | (3,444,617 | ) |  |  | (4,592,200 | )
LOSS FROM OPERATIONS |  |  | (8,539,021 | ) |  |  | (4,846,661 | ) |  |  | (6,349,172 | )
OTHER INCOME (EXPENSE), NET |  |  |  |  |  |  |  |  |  |  |  |
Interest income |  |  | - |  |  |  | - |  |  |  | 84 |
Finance expense |  |  | (6,480 | ) |  |  | (5,007 | ) |  |  | (1,465 | )
Equity loss of subsidiaries |  |  | (1,118,204 | ) |  |  | (12,562,142 | ) |  |  | (8,037,977 | )
Gain on debt settlement |  |  | 25,092 |  |  |  | - |  |  |  | - |
Gain on sale of subsidiaries |  |  | 1,400,100 |  |  |  | 5,787,213 |  |  |  | - |
TOTAL OTHER INCOME (EXPENSE), NET |  |  | 300,508 |  |  |  | (6,779,936 | ) |  |  | (8,039,358 | )
NET LOSS |  |  | (8,238,513 | ) |  |  | (11,626,597 | ) |  |  | (14,388,530 | )
OTHER COMPREHENSIVE LOSS: |  |  |  |  |  |  |  |  |  |  |  |
Foreign currency translation loss |  |  | - |  |  |  | - |  |  |  | (335,080 | )
COMPREHENSIVE LOSS |  | $ | (8,238,513 | ) |  | $ | (11,626,597 | ) |  | $ | (14,723,610 | )
Schedule of parent company statements of cash flows |
|  | For the Years Ended June 30, |
|  | 2021 |  |  | 2020 |  |  | 2019 |
CASH FLOWS FROM OPERATING ACTIVITIES: |  |  |  |  |  |  |  |  |
Net loss |  | $ | (8,238,513 | ) |  | $ | (11,626,597 | ) |  | $ | (14,388,530 | )
Adjustments to reconcile net loss to cash used in operating activities: |  |  |  |  |  |  |  |  |  |  |  |
Stock compensation expense |  |  | 5,717,900 |  |  |  | 3,444,617 |  |  |  | 4,592,200 |
Equity loss of subsidiaries |  |  | 1,118,204 |  |  |  | 12,562,142 |  |  |  | 8,037,977 |
Gain on debt settlement |  |  | (25,092 | ) |  |  | - |  |  |  | - |
Gain on sale of discontinued operations |  |  | (1,400,100 | ) |  |  | (5,787,213 | ) |  |  | - |
Changes in operating assets and liabilities |  |  |  |  |  |  |  |  |  |  |  |
Other receivables |  |  | (6,600 | ) |  |  | - |  |  |  | - |
Prepayments and advances |  |  | (4,300 | ) |  |  | (125,000 | ) |  |  | 15,458 |
Intercompany receivables |  |  | (65,500,903 | ) |  |  | (1,231,449 | ) |  |  | (575,094 | )
Other payables and accrued liabilities |  |  | 60,090 |  |  |  | 93,711 |  |  |  | 509,381 |
Other payables – related parties |  |  | - |  |  |  | - |  |  |  | 540,000 |
Net cash used in operating activities |  |  | (68,279,314 | ) |  |  | (2,669,789 | ) |  |  | (1,268,608 | )
CASH FLOWS FROM INVESTING ACTIVITIES: |  |  |  |  |  |  |  |  |  |  |  |
Purchase of equipment |  |  | - |  |  |  | (2,000,000 | ) |  |  | - |
Proceeds from disposal of subsidiaries |  |  | 100 |  |  |  | 600,000 |  |  |  | - |
Net cash provided by (used in) investing activities |  |  | 100 |  |  |  | (1,400,000 | ) |  |  | - |
CASH FLOWS FROM FINANCING ACTIVITIES: |  |  |  |  |  |  |  |  |  |  |  |
Borrowings from shareholders |  |  | - |  |  |  | 300,000 |  |  |  | - |
Proceeds from sale of ordinary shares |  |  | 62,341,025 |  |  |  | 4,502,901 |  |  |  | 950,000 |
Proceeds from exercise of warrants |  |  | 5,171,591 |  |  |  | - |  |  |  | - |
Net cash provided by financing activities |  |  | 67,512,616 |  |  |  | 4,802,901 |  |  |  | 950,000 |
NET CHANGE IN CASH |  |  | (766,598 | ) |  |  | 733,112 |  |  |  | (318,608 | )
CASH, beginning of year |  |  | 793,234 |  |  |  | 60,122 |  |  |  | 378,730 |
CASH, end of year |  | $ | 26,636 |  |  | $ | 793,234 |  |  | $ | 60,122 |
NON-CASH TRANSACTIONS OF INVESTING AND FINANCING ACTIVITIES: |  |  |  |  |  |  |  |  |  |  |  |
Accrued liabilities reclassified to loans payable – employees upon tri-party agreements |  | $ | - |  |  | $ | - |  |  | $ | 308,089 |
Ordinary shares issued to repay other payables – related parties and service providers |  | $ | - |  |  | $ | 1,137,378 |  |  | $ | 4,928,400 |
Ordinary shares issued to repay debt in subsidiary |  | $ | - |  |  | $ | 5,240,679 |  |  | $ | - |
Ordinary share issued for acquisition of subsidiary |  | $ | - |  |  | $ | 1,889,799 |  |  | $ | - |
Ordinary share issued for acquisition of equipment |  | $ | 3,818,000 |  |  | $ | 1,963,607 |  |  | $ | - |
Ordinary share issued for acquisition of intangible assets held in a subsidiary |  | $ | 1,550,000 |  |  | $ | - |  |  | $ | - |
Other receivables outstanding from disposal of subsidiary |  | $ | - |  |  | $ | 1,000,000 |  |  | $ | - |
Forgiveness of former subsidiary’s receivable upon disposal of subsidiary |  | $ | 120,000 |  |  | $ | - |  |  | $ | - |
Recognition of accrued liabilities from subsidiary |  | $ | - |  |  | $ | 214,792 |  |  | $ | - |
Derecognition of intercompany balance upon disposal of subsidiary |  | $ | - |  |  | $ | 23,164,488 |  |  | $ | - |
Proceeds from disposal of subsidiary received by intercompany |  | $ | 1,400,000 |  |  | $ | - |  |  | $ | - |

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