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LONG-TERM INVESTMENT (Tables)
12 Months Ended
Jun. 30, 2022
Investments, All Other Investments [Abstract]  
SCHEDULE OF LONG TERM INVESTMENT

The following table reflects the above investments at June 30, 2022.

 

   Drivemate   WRLD3D   Total 
Gross investment  $1,800,000   $3,888,889   $5,688,889 
Cumulative net loss on investment   (740,632)   (3,238,647)   (3,979,279)
Cumulative other comprehensive income (loss)   -    (650,242)   (650,242)
Net investment  $1,059,368   $-   $1,059,368 

 

The following table reflects the above investments at June 30, 2021.

 

   Drivemate   WRLD3D   Total 
Gross investment  $1,800,000   $3,888,889   $5,688,889 
Cumulative net loss on investment   (38,853)   (1,924,134)   (1,962,987)
Cumulative other comprehensive income (loss)   -    (570,050)   (570,050)
Net investment  $1,761,147   $1,394,705   $3,155,852