Initial general form for registration of a class of securities pursuant to Section 12(g)

Supplemental Disclosure of Cash Flow Information (Tables)

v3.22.1
Supplemental Disclosure of Cash Flow Information (Tables)
 6 Months Ended 12 Months Ended
Dec. 31, 2021
Jun. 30, 2021
Supplemental Cash Flow Elements [Abstract]    
Schedule of Supplemental Disclosure of Cash Flow Information

 

    2021     2020  
    Six Months Ended December 31,  
    2021     2020  
Cash paid for interest   $ —     $ —  
Cash paid for income taxes   $ —     $ —  

 

    Year Ended June 30,  
    2021     2020  
Cash paid for interest   $ —     $ —  
Cash paid for income taxes   $ —     $ —  
Schedule of Non-cash Investing and financing activities  

Non-cash investing and financing activities in connection with the acquisition consist of the following for the year ended June 30, 2021:

 

    Year ended
June 30, 2021		  
Purchase of working capital deficit for preferred stock and debt forgiveness   $ 2,110,770  
Purchase of fixed assets for preferred stock and debt forgiveness     (711 )
Purchase of intangibles for preferred stock and debt forgiveness     (2,904,000 )
Purchase of goodwill for preferred stock and debt forgiveness     (7,956,824 )
Assumption of long-term notes payable     298,454  
Consideration given     8,452,357  
Cash received   $ 46