Integrated Ventures (INTV) 10-Q 24 Jan 19 2019 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Sep. 30, 2018	Jan. 24, 2019
Document And Entity Information
Entity Registrant Name	INTEGRATED VENTURES, INC.
Entity Central Index Key	1,520,118
Document Type	10-Q
Document Period End Date	Sep. 30, 2018
Amendment Flag	false
Current Fiscal Year End Date	--06-30
Is Entity's Reporting Status Current?	Yes
Entity Filer Category	Non-accelerated Filer
Entity Common Stock, Shares Outstanding		9,874,103
Document Fiscal Period Focus	Q1
Document Fiscal Year Focus	2,019
Entity Emerging Growth Company	false
Entity Small Business	true

Condensed Balance Sheets

Condensed Balance Sheets - USD ($)	Sep. 30, 2018	Jun. 30, 2018
Current assets:
Cash	$ 199,096	$ 749
Restricted cash		40,321
Prepaid expenses and other current assets	6,000	9,000
Inventories	114,851	114,851
Equipment deposits		3,896
Marketable securities		1,700
Total current assets	319,947	170,517
Non-current assets:
Property and equipment, net	1,469,421	633,105
Digital currencies	4,460	11,227
Deposits	14,673	14,673
Total assets	1,808,501	829,522
Current liabilities:
Accounts payable	29,690	26,973
Accrued expenses	1,974	29,428
Due to related party	48,975	20,974
Derivative liabilities	1,917,301	2,886,965
Convertible notes payable, net of discounts	91,929
Total current liabilities	2,089,869	2,964,340
Total liabilities	2,089,869	2,964,340
Commitments and contingencies
Stockholders' deficit:
Common stock, $0.001 par value, (40,000,000 shares authorized, 9,774,103 and 8,964,103 shares issued and outstanding as of September 30, 2018 and June 30, 2018, respectively)	9,775	8,965
Additional paid-in capital	12,818,163	9,290,344
Stock subscriptions payable	60,000	35,000
Accumulated deficit	(13,170,158)	(11,469,936)
Total stockholders' deficit	(281,368)	(2,134,818)
Total liabilities and stockholders' deficit	1,808,501	829,522
Series A Preferred Stock [Member]
Stockholders' deficit:
Preferred stock	500	500
Series B Preferred Stock [Member]
Stockholders' deficit:
Preferred stock	$ 352	$ 309

Condensed Balance Sheets (Paren

Condensed Balance Sheets (Parenthetical) - $ / shares	Sep. 30, 2018	Jun. 30, 2018	Dec. 21, 2015
Common stock, par value per share	$ 0.001	$ 0.001
Common stock, shares authorized	40,000,000	40,000,000
Common stock, shares issued	9,774,103	8,964,103
Common stock, shares outstanding	9,774,103	8,964,103
Series A Preferred Stock [Member]
Preferred stock, par value per share	$ 0.001	$ 0.001
Preferred stock, shares authorized	1,000,000	1,000,000
Preferred stock, shares issued	500,000	500,000
Preferred stock, shares outstanding	500,000	500,000
Series B Preferred Stock [Member]
Preferred stock, par value per share	$ 0.001	$ 0.001	$ 0.001
Preferred stock, shares authorized	500,000	500,000	500,000
Preferred stock, shares issued	352,184	309,166
Preferred stock, shares outstanding	352,184	309,166

Condensed Statements of Operati

Condensed Statements of Operations (Unaudited) - USD ($)	3 Months Ended
	Sep. 30, 2018	Sep. 30, 2017
Revenues:
Cryptocurrency mining	$ 100,465
Sales of cryptocurrency mining equipment	14,780
Total revenues	115,245
Cost of revenues	201,260
Gross loss	(86,015)
Operating expenses:
General and administrative	556,922	161,358
Impairment of assets	2,097,930
Total operating expenses	2,654,852	161,358
Loss from operations	(2,740,867)	(161,358)
Other income (expense):
Interest and other income		98
Interest expense	(3,324)	(86,880)
Realized gain (loss) on investments	(7,238)	281,223
Unrealized gain on investments		61,111
Gain on extinguishment of debt		4,675
Change in fair value of derivative liabilities	1,051,207	(11,749)
Total other income (expense)	1,040,645	248,478
Income (loss) before income taxes	(1,700,222)	87,120
Provision for income taxes
Net income (loss)	$ (1,700,222)	$ 87,120
Net income (loss) per common share:
Basic	$ (0.18)	$ 0.01
Diluted	$ (0.18)	$ 0
Weighted average number of common shares outstanding:
Basic	9,253,016	7,169,767
Diluted	9,253,016	27,749,240

Condensed Statements of Cash Fl

Condensed Statements of Cash Flows (Unaudited) - USD ($)	3 Months Ended
	Sep. 30, 2018	Sep. 30, 2017
Cash flows from operating activities:
Net income (loss)	$ (1,700,222)	$ 87,120
Adjustments to reconcile net income (loss) to net cash used in operating activities:
Depreciation and amortization expense	110,218
Stock-based compensation - related party	417,000	9,000
Stock-based compensation	55,000
Amortization of debt discount	2,777	53,342
Amortization of original issue discount		1,347
Impairment of assets	2,097,930
Change in fair value of derivative liabilities	(1,051,207)	11,749
Gain on extinguishment of debt		(4,675)
Financing fees related to notes payable		31,858
Realized (gain) loss on sale of investments	7,238	(281,223)
Unrealized gain on investments		(61,111)
Changes in assets and liabilities:
Digital currencies	(100,225)
Prepaid expenses and other current assets	3,000	2,500
Accrued interest receivable - related party		(98)
Accounts payable	2,717	4,485
Accrued expenses	(27,454)	22,730
Due to related party	28,001	(22,685)
Net cash used in operating activities	(155,227)	(145,661)
Cash flows from investing activities:
Net proceeds from the sale of investments	101,454	551,800
Increase in notes receivable - related party		(49,880)
Purchase of property and equipment	(37,146)	(281,757)
Net cash provided by investing activities	64,308	220,163
Cash flows from financing activities:
Proceeds from convertible notes payable	223,945
Proceeds from stock subscriptions payable	25,000
Net cash provided by financing activities	248,945
Net increase in cash	158,026	74,502
Cash, beginning of period	41,070	15,691
Cash, end of period	199,096	90,193
Supplemental disclosure of cash flow information:
Cash paid for interest	29,257
Cash paid for income taxes
Non-cash investing and financing activities:
Equipment deposits for property and equipment	3,896
Common shares issued for cashless exercise of warrants	560	188
Common shares issued for debt discount	53,250
Debt discount for derivative liability	81,543	47,617
Series B preferred shares for property and equipment	3,003,422
Settlement of derivative liabilities		45,788
Common shares issued for convertible notes payable		117,263
Common shares issued for accrued compensation		15,624
Accrued interest payable added to note payable		1,117
Note receivable and accrued interest receivable - related party for marketable securities		$ 66,850

ORGANIZATION AND BASIS OF PRESE

ORGANIZATION AND BASIS OF PRESENTATION	3 Months Ended
	Sep. 30, 2018
Notes to Financial Statements
NOTE 1 - ORGANIZATION AND BASIS OF PRESENTATION	Organization Integrated Ventures, Inc. (the "Company," "we," "our," or "EMS Find") was incorporated in the State of Nevada on March 22, 2011, under the name of Lightcollar, Inc. On March 20, 2015, the Company amended its articles of incorporation and changed its name from Lightcollar, Inc. to EMS Find, Inc. On May 30, 2017, Integrated Ventures, Inc. (“Integrated Ventures”), a Nevada corporation, was formed as a wholly owned subsidiary of the Company. Pursuant to an Agreement and Plan of Merger dated May 30, 2017, Integrated Ventures was merged into the Company, with the Company being the surviving corporation and changing its name to Integrated Ventures, Inc. The Company has discontinued its prior operations and changed its business focus from its prior technologies relating to the EMS Find platform to acquiring, launching and operating companies in the cryptocurrency sector, mainly in digital currency mining, equipment manufacturing, and sales of branded mining rigs, as well as blockchain software development. The Company is developing and acquiring a diverse portfolio of digital currency assets and block chain technologies, and now operates cryptocurrency mining operations in two facilities located in Pennsylvania and New Jersey. Cryptocurrency mining revenues commenced in November 2017. Crypto-currencies are a medium of exchange that uses decentralized control (a block chain) as opposed to a central bank to track and validate transactions. The Company, through its wholly owned subsidiary, BitcoLab, Inc., is currently mining Bitcoin, Litecoin and Ethereum, whereby the Company earns revenue by solving “blocks” to be added to the block chain. The Company expanded its cryptocurrency mining operations in April 2018 by acquiring the operations of digiMine LLC (“digiMine”) (Note 6) and by purchasing 182 cryptocurrency mining machines from Secure Hosting LLC (“Secure Hosting”) in August 2018 (see Note 5). Basis of Presentation The accompanying unaudited condensed financial statements of the Company have been prepared in accordance with U.S. generally accepted accounting principles ("US GAAP") for interim financial information and the instructions to Form 10-Q and Article 8 of Regulation S-X. The results of operations for the interim periods ended September 30, 2018 shown in this report are not necessarily indicative of results to be expected for the full fiscal year ending June 30, 2019. In the opinion of the Company's management, the information contained herein reflects all adjustments (consisting of normal recurring adjustments) necessary for a fair presentation of the Company's results of operations, financial position and cash flows. The unaudited interim financial statements should be read in conjunction with the audited financial statements in the Company's Annual Report on Form 10-K for the year ended June 30, 2018 filed on December 27, 2018 and Management's Discussion and Analysis of Financial Condition and Results of Operations.

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	3 Months Ended
	Sep. 30, 2018
Notes to Financial Statements
NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	The significant accounting policies of the Company are disclosed in Notes to Financial Statements included in the Company’s Annual Report on Form 10-K. The following summary of significant accounting policies of the Company is presented to assist in understanding the Company’s interim financial statements. These accounting policies conform to accounting principles generally accepted in the United States of America and have been consistently applied in the preparation of the financial statements. Restatement The Company is restating its condensed financial statements for the three months ended September 30, 2017 to correct reporting of derivative liabilities associated with its convertible notes payable and warrants, stock-based compensation, gain on sale of investments and other miscellaneous corrections. Use of Estimates The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Because of the use of estimates inherent in the financial reporting process, actual results could differ significantly from those estimates. Digital Currencies Digital currencies consist of Bitcoin, Litecoin and Ethereum, generally received for the Company’s own account as compensation for cryptocurrency mining services. Given that there is limited precedent regarding the classification and measurement of cryptocurrencies under current Generally Accepted Accounting Principles (“GAAP”), the Company has determined to account for these digital currencies as indefinite-lived intangible assets in accordance with Accounting Standards Update ("ASU") No. 350, Intangibles – Goodwill and Other Inventories Inventories at September 30, 2018 consist of cryptocurrency mining units held for sale or deployment in mining operations, and are stated at the lower of cost or estimated realizable value. Payments to equipment suppliers prior to shipment of the equipment are recorded as equipment deposits. Property and Equipment Property and equipment, consisting primarily of computer and other cryptocurrency mining equipment (transaction verification servers) and leasehold improvements, is stated at the lower of cost or estimated realizable value and is depreciated when placed into service using the straight-line method over estimated useful lives. The Company operates in an emerging industry for which limited data is available to make estimates of the useful economic lives of specialized equipment. Management has assessed the basis of depreciation of these assets and believes they should be depreciated over a three-year period due to technological obsolescence reflecting rapid development of hardware that has faster processing capacity and other factors. Additionally, as of September 30, 2018, the Company wrote down cryptocurrency mining equipment by $2,097,930 to estimated net realizable value. Maintenance and repairs are expensed as incurred and improvements are capitalized. Gains or losses on the disposition of property and equipment are recorded upon disposal. Management has determined that the three-year diminishing value best reflects the current expected useful life of transaction verification servers. This assessment takes into consideration the availability of historical data and management’s expectations regarding the direction of the industry including potential changes in technology. Management will review this estimate annually and will revise such estimates as and when data becomes available. To the extent that any of the assumptions underlying management’s estimate of useful life of its transaction verification servers are subject to revision in a future reporting period, either as a result of changes in circumstances or through the availability of greater quantities of data, then the estimated useful life could change and have a prospective impact on depreciation expense and the carrying amounts of these assets. Accounting for Derivatives The Company evaluates its convertible debt, options, warrants or other contracts to determine if those contracts or embedded components of those contracts qualify as derivatives to be separately accounted for. The result of this accounting treatment is that under certain circumstances the fair value of the derivative is marked-to-market each balance sheet date and recorded as a liability. In the event that the fair value is recorded as a liability, the change in fair value is recorded in the statement of operations as other income or expense. Upon conversion or exercise of a derivative instrument, the instrument is marked to fair value at the conversion date and then that fair value is reclassified to equity. Equity instruments that are initially classified as equity that become subject to reclassification under this accounting standard are reclassified to liability at the fair value of the instrument on the reclassification date. Where the number of warrants or common shares to be issued under these agreements is indeterminate, the Company has concluded that the equity environment is tainted, and all additional warrants and convertible debt are included in the value of the derivatives. We estimate the fair value of the derivatives associated with our convertible notes payable, warrants and put-back rights associated with two asset purchase agreements using, as applicable, either the Black-Scholes pricing model or multinomial lattice models that value the derivative liability based on a probability weighted discounted cash flow model using future projections of the various potential outcomes. We estimate the fair value of the derivative liabilities at the inception of the financial instruments, and, in the case of our convertible notes payable, at the date of conversions to equity and at each reporting date, recording a derivative liability, debt discount, additional paid-in capital and a gain or loss on change in derivative liabilities as applicable. These estimates are based on multiple inputs, including the market price of our stock, interest rates, our stock price volatility, variable conversion prices based on market prices as defined in the respective agreements and probabilities of certain outcomes based on management projections. These inputs are subject to significant changes from period to period and to management’s judgment; therefore, the estimated fair value of the derivative liabilities will fluctuate from period to period, and the fluctuation may be material. Impairment of Long-Lived Assets All assets, including intangible assets subject to amortization, are reviewed for impairment when changes in circumstances indicate that the carrying amount of the asset may not be recoverable in accordance with ASC 350 and ASC 360. If the carrying amount of the asset exceeds the expected undiscounted cash flows of the asset, an impairment charge is recognized equal to the amount by which the carrying amount exceeds fair value or net realizable value. The testing of these intangibles under established guidelines for impairment requires significant use of judgment and assumptions. Changes in forecasted operations and other assumptions could materially affect the estimated fair values. Changes in business conditions could potentially require adjustments to these asset valuations. Total impairment expense, consisting of write downs for cryptocurrency mining equipment totaled $2,097,930 for the three months ended September 30, 2018. Fair Value of Financial Instruments Disclosures about fair value of financial instruments require disclosure of the fair value information, whether or not recognized in the balance sheet, where it is practicable to estimate that value. As of September 30, 2018 and June 30, 2018, the amounts reported for cash, prepaid expenses and other current assets, accounts payable, accrued expenses and due to related party approximate fair value because of their short maturities. Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. ASC Topic 820 established a three-tier fair value hierarchy, which prioritizes the inputs used in measuring fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (level 1measurements) and the lowest priority to unobservable inputs (level 3 measurements). These tiers include: · Level 1, defined as observable inputs such as quoted prices for identical instruments in active markets; · Level 2, defined as inputs other than quoted prices in active markets that are either directly or indirectly observable such as quoted prices for similar instruments in active markets or quoted prices for identical or similar instruments in markets that are not active; and · Level 3, defined as unobservable inputs in which little or no market data exists, therefore requiring an entity to develop its own assumptions, such as valuations derived from valuation techniques in which one or more significant inputs or significant value drivers are unobservable. At September 30, 2018, we had no financial instrument assets measured at fair value. Our marketable securities as of June 30, 2018 are measured at fair value on a recurring basis and estimated as follows: Total Level 1 Level 2 Level 3 Marketable securities $ 1,700 $ 1,700 $ - $ - Total assets measured at fair value $ 1,700 $ 1,700 $ - $ - Our derivative liabilities are measured at fair value on a recurring basis and estimated as follows: Total Level 1 Level 2 Level 3 September 30, 2018: Derivative liabilities $ 1,917,301 $ - $ - $ 1,917,301 Total liabilities measured at fair value $ 1,917,301 $ - $ - $ 1,917,301 June 30, 2018: Derivative liabilities $ 2,886,965 $ - $ - $ 2,886,965 Total liabilities measured at fair value $ 2,886,965 $ - $ - $ 2,886,965 During the three months ended September 30, 2018, the Company had the following activity in its derivative liabilities: Convertible Notes Payable Warrants Put Back Rights Total Derivative liabilities at June 30, 2018 $ - $ - $ 2,886,965 $ 2,886,965 Addition to liabilities for new debt/warrants 81,543 - - 81,543 Change in fair value (455 ) 85,294 (1,136,046 ) (1,051,207 ) Derivative liabilities at September 30, 2018 $ 81,088 $ 85,294 $ 1,750,919 $ 1,917,301 Stock-Based Compensation The Company accounts for all equity-based payments in accordance with ASC Topic 718, Compensation – Stock Compensation. The Company accounts for non-employee share-based awards based upon ASC 505-50, Equity-Based Payments to Non-Employees. Revenue Recognition Effective July 1, 2018, we adopted ASC 606, Revenue from Contracts with Customers, Our revenues currently consist of cryptocurrency mining revenues and revenues from the sale of cryptocurrency mining equipment recognized in accordance with ASC 606 as discussed above. Amounts collected from customers prior to shipment of products are recorded as deferred revenue. The Company earns its cryptocurrency mining revenues by providing transaction verification services within the digital currency networks of crypto-currencies, such as Bitcoin, Litecoin and Ethereum. The Company satisfies its performance obligation at the point in time that the Company is awarded a unit of digital currency through its participation in the applicable network and network participants benefit from the Company’s verification service. In consideration for these services, the Company receives digital currencies, which are recorded as revenue using the closing U.S. dollar price of the related cryptocurrency on the date of receipt. Expenses associated with running the cryptocurrency mining operations, such as equipment depreciation, rent, operating supplies, rent, utilities and monitoring services are recorded as cost of revenues. There is currently no specific definitive guidance in GAAP or alternative accounting frameworks for the accounting for the production and mining of digital currencies and management has exercised significant judgment in determining appropriate accounting treatment for the recognition of revenue for mining of digital currencies. Management has examined various factors surrounding the substance of the Company’s operations and the guidance in ASC 606, including identifying the transaction price, when performance obligations are satisfied, and collectability is reasonably assured being the completion and addition of a block to a blockchain and the award of a unit of digital currency to the Company. In the event authoritative guidance is enacted by the FASB, the Company may be required to change its policies which could result in a change in the Company’s financial statements. Income Taxes The Company adopted the provisions of ASC 740-10, Accounting for Uncertain Income Tax Positions. The Company adopted ASC 740-10, Definition of Settlement in FASB Interpretation No. 48, Income (Loss) Per Share Basic net income or loss per share is calculated by dividing net income or loss by the weighted average number of common shares outstanding for the period. Diluted income or loss per share reflects the potential dilution that could occur if securities or other contracts to issue common stock, such as “in-the-money” stock options and warrants, convertible debt and convertible preferred stock, were exercised or converted into common stock. Equivalent shares are not utilized when the effect is anti-dilutive. The common shares used in the computation of basic and diluted net income (loss) per share are reconciled as follows: Three Months Ended September 30, 2018 2017 Weighted average number of shares outstanding – basic 9,253,016 7,169,767 Dilutive effect of convertible debt - 2,579,473 Dilutive effect of Series B convertible preferred stock - 18,000,000 Weighted average number of shares outstanding – diluted 9,253,016 27,749,240 For the three months ended September 30, 2018, common stock equivalent shares which may dilute future earnings per share include 348,375 common shares issuable upon exercise of warrants, and 23,250,000 common shares issuable upon conversion of Series B Preferred Stock. The conversion feature of the Company’s convertible notes payable was not in effect as of September 30, 2018. Since these potential dilutive securities had an anti-dilutive effect, they were not included in the calculation of diluted net loss per common share; therefore, basic net loss per share is the same as diluted net loss per share for the three months ended September 30, 2018. Recently Issued Accounting Pronouncements In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842) There were no new accounting pronouncements issued or proposed by the FASB during the three months ended September 30, 2018 and through the date of filing this report which the Company believes will have a material impact on its financial financial statements. Reclassifications Certain amounts in the condensed financial statements for the prior-year periods have been reclassified to conform to the presentation for the current-year periods.

GOING CONCERN

GOING CONCERN	3 Months Ended
	Sep. 30, 2018
Notes to Financial Statements
NOTE 3 - GOING CONCERN	The Company has reported recurring net losses since its inception and used net cash in operating activities of $155,227 in the three months ended September 30, 2018. As of September 30, 2018, the Company had an accumulated deficit of $13,170,158 and a total stockholders’ deficit of $281,368. These conditions raise substantial doubt about the Company's ability to continue as a going concern. The accompanying financial statements have been prepared in conformity with U.S. GAAP, which contemplate continuation of the Company as a going concern and the realization of assets and satisfaction of liabilities in the normal course of business. The ability of the Company to reach a successful level of operations is dependent on the execution of management's plans, which include the raising of capital through the debt and/or equity markets, until such time that funds provided by operations are sufficient to fund working capital requirements. If the Company were not to continue as a going concern, it would likely not be able to realize its assets at values comparable to the carrying value or the fair value estimates reflected in the balances set out in the preparation of the financial statements. There can be no assurances that the Company will be successful in attaining a profitable level of operations or in generating additional cash from the equity/debt markets or other sources fund its operations. The financial statements do not include any adjustments relating to the recoverability of assets and classification of assets and liabilities that might be necessary. Should the Company not be successful in its business plan or in obtaining the necessary financing to fund its operations, the Company would need to curtail certain or all operational activities and/or contemplate the sale of its assets, if necessary.

PROPERTY AND EQUIPMENT

PROPERTY AND EQUIPMENT	3 Months Ended
	Sep. 30, 2018
Notes to Financial Statements
NOTE 4 - PROPERTY AND EQUIPMENT	Property and equipment consisted of the following at: September 30, 2018 June 30, 2018 Cryptocurrency mining equipment $ 1,483,194 $ 573,806 Furniture and equipment 16,064 14,427 Leasehold improvements 138,441 102,932 Total 1,637,699 691,165 Less accumulated depreciation and amortization (168,278 ) (58,060 ) Net $ 1,469,421 $ 633,105 Depreciation and amortization expense, included in cost of revenues, for the three months ended September 30, 2018 and 2017 was $110,218 and $0, respectively.

ASSET PURCHASE AGREEMENT

ASSET PURCHASE AGREEMENT	3 Months Ended
	Sep. 30, 2018
Notes to Financial Statements
NOTE 5 - ASSET PURCHASE AGREEMENT	On August 2, 2018, the Company entered into an Asset Purchase Agreement with Secure Hosting LLC, a Florida limited liability, for the purchase of 182 Ethereum mining machines. As consideration for the purchase of the machines, the Company issued 38,018 restricted shares of its Series B convertible preferred stock, valued on an “as converted to common” basis at an aggregate of $3,801,800, based on the market value of the Company’s common stock on the date of the transaction. Of the 182 machines purchased, 152 were placed into operations, and 30 units deemed to be under-performing will be utilized by the Company as repair parts or sold as repair parts. The Company performed a lower of cost or market impairment analysis on the machines purchased, including writing off the purchase price allocated to the defective machines, and recorded an impairment expense of $2,097,930, which amount is included in operating expenses for the three months ended September 30, 2018. The Agreement contains customary representations and warranties and covenants as of the Closing Date, including, without limitation, that the Equipment is (i) in good condition, (ii) free of all liens, (iii) not subject to any intellectual property rights other than software used in the Equipment and (iv) covered by certain manufacturer warranties. Because a portion of the machines were defective, certain shares of the Series B preferred stock issued in the transaction were subsequently returned to the Company and cancelled.

DIGIMINE ACQUISITION

DIGIMINE ACQUISITION	3 Months Ended
	Sep. 30, 2018
Notes to Financial Statements
NOTE 6 - DIGIMINE ACQUISITION	In April 2018, the Company acquired the digital currency mining operations of digiMine LLC (“digiMine”) through two Asset Purchase Agreements (the “digiMine Acquisition”) in a transaction recorded as a business combination. On April 16, 2018, the Company entered into an Asset Purchase Agreement with digiMine for the purchase of digiMine’s digital currency mining assets located in Marlboro, New Jersey, the principal assets consisting of: 150 cryptocurrency mining machines; all right, title and interest in, the lease and leasehold improvements for the premises on which digiMine’s business operates; all books and records pertaining to ownership of digiMine’s business as applicable; and restricted cash of $175,000. The Company issued 16,666 shares of its Series B preferred stock to digiMine. The Company also entered into a separate Security and Pledge Agreement, dated as of April 13, 2018, securing its obligations to digiMine under the Asset Purchase Agreement. digiMine has the right (the “Put-Back Right”), at any time commencing April 1, 2019, to require that the Company redeem for cash any of Seller’s then-outstanding Shares at a redemption price equal to 72% of the Shares. The Conversion Amount on execution is equal to $1,200,000 (the “Put-Back Price”) of such Shares; provided, that the Put Back Right expires with respect to any of the Shares at such time as the Shares are registered for resale. Each of the Shares for purposes of the Put-Back Price is equal to a fixed price of $100 per share. On April 30, 2018, the Company entered into a second Asset Purchase Agreement with digiMine for the purchase of digiMine’s digital currency mining assets located in Marlboro, New Jersey, the principal assets consisting of: 97 cryptocurrency mining machines and computer workstation; digital currency portfolio with an estimated value of $15,487; all right, title and interest in, the lease and leasehold improvements for the premises on which digiMine’s business operates; all books and records pertaining to ownership of digiMine’s business as applicable; and restricted cash of $200,000. The Company issued 20,000 shares of its Series B preferred stock to digiMine. The Company also entered into a separate Security and Pledge Agreement, dated as of April 30, 2018, securing its obligations to digiMine under the Agreement. digiMine has the right (the “Put-Back Right”), at any time commencing May 1, 2019, to require that the Company redeem for cash any of Seller’s then-outstanding Shares at a redemption price equal to 72% of the Shares. The Conversion Amount on execution is equal to $1,440,000 (the “Put-Back Price”) of such Shares; provided, that the Put Back Right expires with respect to any of the Shares at such time as the Shares are registered for resale. Each of the Shares for purposes of the Put-Back Price is equal to a fixed price of $100 per share. The Company has identified the Put-Back Rights associated with the two Asset Purchase Agreements as derivatives. The Company engaged an independent valuation firm to estimate the fair value of the Series B preferred stock issued in the two Asset Purchase Agreements, to estimate the value of the derivative liabilities associated with the Put-Back Rights, and allocate the total consideration paid to the assets acquired. The valuation firm developed multinomial lattice models that valued the derivative liability based on a probability weighted discounted cash flow model using future projections of the various potential outcomes. The total consideration paid in the Acquisition is summarized as follows: Value of 36,667 total Series B preferred shares $ 1,163,806 Derivative liabilities associated with Put-Back Rights 3,729,109 Total consideration paid $ 4,892,915 The total consideration paid was allocated to the fair value of the assets acquired as follows: Restricted cash $ 375,000 Property and equipment 350,349 Digital currencies 14,056 Goodwill 4,153,510 Total consideration allocated $ 4,892,915 No liabilities of digiMine were assumed by the Company in the Acquisition. The excess of consideration paid over fair value of assets acquired was recorded as goodwill. The Company performed an impairment analysis on the goodwill at June 30, 2018 and recorded an impairment expense of $4,153,510, which amount is included in operating expenses for the year ended June 30, 2018. The total cash acquired of $375,000 is restricted to fund digital mining operations.

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	3 Months Ended
	Sep. 30, 2018
Notes to Financial Statements
NOTE 7 - RELATED PARTY TRANSACTIONS	We have one executive officer, Steve Rubakh, who is currently our only full-time employee and sole member of our Board of Directors. Mr. Rubakh is paid an annual salary established by the Board of Directors and is issued shares of Series B Preferred Stock for additional compensation. The number of shares issued, generally on a quarterly basis, is at the discretion of the Board of Directors. On March 18, 2018, the Board of Directors of the Company modified the annual compensation for Steve Rubakh, effective April 1, 2018 to include annual salary of $150,000 per year and the issuance on a quarterly basis of 5,000 shares of Series B preferred stock. On July 1, 2018, the Company issued to Mr. Rubakh 5,000 shares of Series B convertible preferred stock valued on an “as converted to common” basis at $417,000. The stock-based compensation – related party is included in general and administrative expenses for the three months ended September 30, 2018. On August 1, 2017, the Company issued to Mr. Rubakh 30,000 shares of Series B convertible preferred stock valued on an “as converted to common” basis at $9,000. The stock-based compensation – related party is included in general and administrative expenses for the three months ended September 30, 2017. Amounts due to related party, including accrued salary to Mr. Rubakh, totaled $48,975 and $20,974 as of September 30, 2018 and June 30, 2018, respectively.

CONVERTIBLE NOTES PAYABLE

CONVERTIBLE NOTES PAYABLE	3 Months Ended
	Sep. 30, 2018
Notes to Financial Statements
NOTE 8 - CONVERTIBLE NOTES PAYABLE	Convertible notes payable, all classified as current, consist of the following at September 30, 2018: Debt Principal Discount Net Geneva Roth Remark Holdings, Inc. $ 128,000 $ 47,418 $ 80,582 BHP Capital NY, Inc. 52,000 46,326 5,674 Armada Investment Fund, LLC 52,000 46,327 5,673 Total $ 232,000 $ 140,071 $ 91,929 On September 17, 2018, the Company entered into a convertible promissory note with Geneva Roth Remark Holdings, Inc. (“Geneva”) in the principal amount of $128,000. The note matures on September 26, 2019 and bears interest at 10%. A debt discount of $49,169 was recorded, including a derivative liability of $46,169. Geneva has the right beginning on the date that is 170 days following the date of the note to convert principal and accrued interest into shares of the Company’s common stock. The conversion price is 70% of the average of the three lowest trading prices of the Company’s common stock during the ten trading days ending on the latest complete trading day prior to the date of conversion. As of September 30, 2018, $1,751 of the debt discount had been amortized and there was accrued interest payable of $459. The Company recorded a derivative liability of $45,818 as of September 30, 2018. On September 26, 2018, the Company entered into a convertible promissory note with with BHP Capital NY, Inc. (“BHP”) in the principal amount of $52,000, with an original issue discount of $2,000. The note matures on September 17, 2019 and bears interest at 8%. BHP was issued 75,000 shares of the Company’s common stock valued at $26,625 as a fee. A debt discount of $46,840 was recorded, including a derivative liability of $17,687. BHP has the right beginning on the date that is 31 days following the date of the note to convert principal and accrued interest into shares of the Company’s common stock. The conversion price is 70% of the average of the three lowest trading prices of the Company’s common stock during the ten trading days ending on the latest complete trading day prior to the date of conversion. As of September 30, 2018, $513 of the debt discount had been amortized and there was accrued interest payable of $46. The Company recorded a derivative liability of $17,635 as of September 30, 2018. On September 26, 2018, the Company entered into a convertible promissory note with with Armada Investment Fund, LLC (“Armada”) in the principal amount of $52,000, with an original issue discount of $2,000. The note matures on September 17, 2019 and bears interest at 8%. Armada was issued 75,000 shares of the Company’s common stock valued at $26,625 as a fee. A debt discount of $46,840 was recorded, including a derivative liability of $17,687. Armada has the right beginning on the date that is 31 days following the date of the note to convert principal and accrued interest into shares of the Company’s common stock. The conversion price is 70% of the average of the three lowest trading prices of the Company’s common stock during the ten trading days ending on the latest complete trading day prior to the date of conversion. As of September 30, 2018, $513 of the debt discount had been amortized and there was accrued interest payable of $46. The Company recorded a derivative liability of $17,635 as of September 30, 2018.

STOCKHOLDERS DEFICIT

STOCKHOLDERS DEFICIT	3 Months Ended
	Sep. 30, 2018
Notes to Financial Statements
NOTE 9 - STOCKHOLDERS DEFICIT	Preferred Stock Series A Preferred Stock In March 2015, the Company filed with the State of Nevada a Certificate of Designation establishing the designations, preferences, limitations and relative rights of 1,000,000 shares of the Company's Series A preferred stock ("Series A Preferred Stock"). Holders of the Series A Preferred Stock have the right to vote in aggregate, on all shareholder matters equal to 1,000 votes per share of Series A Preferred Stock. The shares of Series A Preferred Stock are not convertible into shares of common stock. The Company has 1,000,000 shares of Series A Preferred Stock authorized, with 500,000 shares issued and outstanding as of September 30, 2018 and June 30, 2018, which were issued in March 2015 in consideration for services to members of the Company’s Board of Directors. Series B Preferred Stock On December 21, 2015, the Company filed a Certificate of Designation for a new Series B Convertible Preferred Stock with the State of Nevada following approval by the board of directors of the Company. Five Hundred (500,000) Thousand shares of the Company's authorized preferred stock are designated as the Series B Convertible Preferred Stock (the "Series B Preferred Stock"), par value of $0.001 per share and with a stated value of $0.001 per share (the "Stated Value"). Holders of Series B Preferred Stock shall be entitled to receive dividends, when and as declared by the Board of Directors out of funds legally available therefor. At any time and from time to time after the issuance of shares of the Series B Preferred Stock, each issued share of Series B Preferred Stock is convertible into One (100) Hundred shares of Common Stock ("Conversion Ratio"). The holders of the Series B Preferred Stock shall have the right to vote together with holders of Common Stock, on an as "converted basis", on any matter that the Company's shareholders may be entitled to vote on, either by written consent or by proxy. Upon any liquidation, dissolution or winding-up of the Company, the holders of the Series B Preferred Stock shall be entitled to receive out of the assets of the Company, whether such assets are capital or surplus, for each share of Series B Preferred Stock an amount equal to the Stated Value, and all other amounts in respect thereof then due and payable prior to any distribution or payment shall be made to the holders of any junior securities. The Company has 500,000 shares of Series B Preferred Stock authorized, with 352,184 and 309,166 shares issued and outstanding as of September 30, 2018 and June 30, 2018, respectively. On March 18, 2018, the Board of Directors of the Company modified the annual compensation for Steve Rubakh, effective April 1, 2018 to include annual salary of $150,000 per year and the issuance on a quarterly basis of 5,000 shares of Series B preferred stock. On July 1, 2018, the Company issued to Mr. Rubakh 5,000 shares of Series B convertible preferred stock valued on an “as converted to common” basis at $417,000. The stock-based compensation – related party is included in general and administrative expenses for the three months ended September 30, 2018. As discussed in Note 5, on August 2, 2018, the Company entered into an Asset Purchase Agreement for the purchase of 182 cryptocurrency mining machines. As consideration for the purchase of the machines, the Company issued 38,018 shares of its Series B convertible preferred stock, valued on an “as converted to common” basis at an aggregate of $3,801,800. On August 1, 2017, the Company issued to Mr. Rubakh 30,000 shares of Series B convertible preferred stock valued on an “as converted to common” basis at $9,000. The stock-based compensation – related party is included in general and administrative expenses for the three months ended September 30, 2017. Common Stock The Company has 40,000,000 shares of common stock authorized, with 9,774,103 and 8,964,103 shares issued and outstanding as of September 30, 2018 and June 30, 2018, respectively. During the three months ended September 30, 2018, the Company issued a total of 810,000 shares of its common stock. On August 14, 2018, 100,000 shares of common stock valued at $55,000 were issued to a consultant. On August 23, 2018, 560,000 shares of common stock were issued to a lender in the cashless exercise of warrants recorded at par value of $560. See Note 10. On September 26, 2018, a total of 150,000 shares of common stock valued at $53,250 were issued to two lenders as loan fees. See Note 8. During the three months ended September 30, 2017, the Company issued a total of 2,529,837 shares of its common stock. On July 6, 2017, 188,240 shares of common stock were issued to a lender in the cashless exercise of warrants recorded at par value of $188. During the three months ended September 30, 2017, a total of 1,994,081 shares of the Company’s common stock, valued at $117,263, were issued in conversion of $42,276 note principal, $2,715 accrued interest payable, $40,414 in derivative liabilities, $1,949 in fees and $29,909 in penalties. On September 30, 2017, the Company increased the number of outstanding common shares by 114 shares due to rounding of shares in the reverse stock split.

WARRANTS

WARRANTS	3 Months Ended
	Sep. 30, 2018
Notes to Financial Statements
NOTE 10 - WARRANTS	The Company has granted warrants to non-employee lenders in connection with the issuance of certain convertible promissory notes and to an investor in connection with the purchase of common shares of the Company. The Company has also granted warrants to officers and directors. Certain of the warrants have been subsequently surrendered to the Company and cancelled. Warrant activity for the three months ended September 30, 2018 is as follows: Number of Warrants Weighted Average Exercise Price Weighted Average Remaining Contract Term (Years) Aggregate Intrinsic Value Outstanding at June 30, 2018 348,375 $ 2.20 2.55 $ - Granted - $ - Exercised (34,333 ) $ 2.16 Forfeited or expired - $ - Outstanding and exercisable at September 30, 2018 314,042 $ 2.20 2.30 $ - Because the number of common shares to be issued under convertible notes payable is indeterminate, the Company concluded that the equity environment was tainted as of September 30, 2018. Therefore, all warrants issued prior to that date were included in the Company’s calculations of derivative liabilities.

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	3 Months Ended
	Sep. 30, 2018
Notes to Financial Statements
NOTE 11 - COMMITMENTS AND CONTINGENCIES	Legal Matters From time to time, we may be involved in litigation relating to claims arising out of our operations in the normal course of business. As of the date of filing of this report, there were no pending or threatened lawsuits, except as stated below. Operating Leases During the year ended June 30, 2018, the Company consolidated its cryptocurrency mining operations in two locations, Huntingdon Valley, Pennsylvania and Marlboro, New Jersey, where facilities are leased under operating leases. The lease for the Pennsylvania location is on a month-to-month basis at $850 per month. The lease for the New Jersey location was effective April 1, 2018 for a period of one year at a monthly rental of $6,986, with an automatic one-year renewal period with a 5% increase in the monthly rent.

RESTATEMENT

RESTATEMENT	3 Months Ended
	Sep. 30, 2018
Notes to Financial Statements
NOTE 12 - RESTATEMENT	The Company has restated its financial statements as of September 30, 2017 and for the three months then ended to correct reporting of derivative liabilities associated with its convertible notes payable and warrants, stock-based compensation, gain on sale of investments and other miscellaneous corrections. The following adjustments were made to the September 30, 2017 Restated Balance Sheet: Integrated Ventures, Inc. Balance Sheet As Originally Reported on September 30, 2017 Adjustments As Restated September 30, 2017 ASSETS Current assets: Cash $ 90,193 $ - $ 90,193 Marketable securities 112,901 - 112,901 Prepaid expenses and other current assets 5,000 - 5,000 Total current assets 208,094 - 208,094 Non-current assets: Property and equipment 281,757 - 281,757 Deposits 700 - 700 Total assets $ 490,551 $ - $ 490,551 LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT) Current liabilities: Accounts payable $ 31,901 $ - $ 31,901 Accrued expenses 29,498 10,781 (a) 40,279 Due to related party 5,022 (5,022 ) (b) - Derivative liabilities 346,183 (287,828 ) (c) 58,355 Convertible notes payable, net of discounts 9,590 647 (c) 10,237 Note payable 125,000 - 125,000 Total current liabilities 547,194 (281,422 ) 265,772 Total liabilities 547,194 (281,422 ) 265,772 Commitments and contingencies Stockholders’ equity (deficit): Series A preferred stock, $0.001 par value, (1,000,000 shares authorized, 500,000 shares issued and outstanding) 500 - 500 Series B preferred stock, $0.001 par value, (500,000 shares authorized, 150,000 shares issued and outstanding) 180 - 180 Common stock, $0.001 par value, (40,000,000 shares authorized, 7,742,401 shares issued and outstanding) 7,742 - 7,742 Additional paid-in capital 4,988,413 1,033,310 (c) 6,021,723 Accumulated deficit (5,053,478 ) (751,888 ) (b)(c)(d) (5,805,366 ) Total stockholders’ equity (deficit) (56,643 ) 281,422 224,779 Total liabilities and stockholders’ equity (deficit) $ 490,551 $ - $ 490,551 The following adjustments were made to the Restated Statement of Operations for the three months ended September 30, 2017: Integrated Ventures, Inc. Statement of Operations As Originally Reported for the Three Months Ended September 30, 2017 Adjustments As Restated for the Three Months Ended September 30, 2017 Revenue $ - $ - $ - Operating expenses: General and administrative 139,877 21,481 (d) 161,358 Total operating expenses 139,877 21,481 161,358 Loss from operations (139,877 ) (21,481 ) (161,358 ) Other income (expense): Interest and other income 98 - 98 Interest expense (85,581 ) (1,299 ) (c) (86,880 ) Realized gain on sale of investments 281,223 - 281,223 Unrealized gain on investments 61,111 - 61,111 Loss on extinguishment of debt (271,735 ) 276,410 (c) 4,675 Change in fair value of derivative liabilities (71,835 ) 60,086 (c) (11,749 ) Total other income (expense) (86,719 ) 335,197 248,478 Income (loss) before income taxes (226,596 ) 313,716 87,120 Provision for income taxes - - - Net income (loss) $ (226,596 ) $ 313,716 $ 87,120 Net income (loss) per common share: Basic $ (0.03 ) $ 0.04 (e) $ 0.01 Diluted $ (0.03 ) $ 0.03 (e) $ 0.00 Weighted average number of common shares outstanding: Basic 7,169,768 - 7,169,768 Diluted 7,169,768 20,579,473 (e) 27,749,240 The following adjustments were made to the Restated Statement of Cash Flows for the three months ended September 30, 2017: Integrated Ventures, Inc. Statement of Cash Flows As Originally Reported for the Three Months Ended September 30, 2017 Adjustments As Restated for the Three Months Ended September 30, 2017 Cash flows from operating activities: Net income (loss) $ (226,596 ) $ 313,716 $ 87,120 Adjustments to reconcile net income (loss) to net cash used in operating activities: Stock-based compensation – related party 9,000 - 9,000 Amortization of debt discount 49,205 4,137 (c) 53,342 Amortization of original issue discount 1,347 - 1,347 Change in fair value of derivative liabilities 71,835 (60,086 ) 11,749 (Gain) loss on extinguishment of debt 271,735 (276,410 ) (4,675 ) Financing fees related to notes payable 31,858 - 31,858 Realized gain on sale of investments (281,223 ) - (281,223 ) Unrealized gain on investments (61,111 ) - (61,111 ) Changes in assets and liabilities: Prepaid expenses and other current assets 2,500 - 2,500 Accrued interest receivable – related party - (98 ) (f) (98 ) Accounts payable 4,484 - 4,484 Accrued expenses (3,501 ) 26,232 (a) 22,731 Due to related party (15,194 ) (7,491 ) (b) (22,685 ) Net cash used in operating activities (145,661 ) - (145,661 ) Cash flows from investing activities: Net proceeds from the sale of investments 551,800 - 551,800 Increase in notes receivable – related party (49,880 ) - (49,880 ) Purchase of property and equipment (281,757 ) - (281,757 ) Net cash provided by investing activities 220,163 - 220,163 Cash flows from financing activities: - - - Net increase in cash 74,502 - 74,502 Cash, beginning of year 15,691 - 15,691 Cash, end of year $ 90,193 $ - $ 90,193 Supplemental disclosure of cash flow information: Cash paid for interest $ - $ - $ - Cash paid for income taxes - - - Non-cash investing and financing activities: Common shares issued for convertible notes payable $ 353,258 (235,995 ) (c) 117,263 Common shares issued for due to related party 15,624 - 15,624 Common shares issued for cashless exercise of warrants - 188 (f) 188 Debt discount for derivative liability 47,617 - 47,617 Accrued interest added to convertible notes payable 1,117 - 1,117 Settlement of derivative liabilities - 45,788 (c) 45,788 (a) Accrued officer compensation was reclassified from accrued expenses to due to related party and accrued interest payable was increased. (b) Accrued officer compensation was reclassified from accrued expenses to due to related party and subsequently reduced. Shareholder loans were offset by other payments and expenses and reduced. (c) The Company engaged an outside consultant to revise derivative liabilities associated with convertible notes payable and to add derivative liabilities associated with warrants. The calculations were made for each issuance of new debt and warrants and for each conversion, exchange or exercise of debt and warrants. As a result, total derivative liabilities decreased, and modifications were made to the calculation of debt discount, interest expense for the amortization of debt discount, and change in fair value of derivative. In addition, convertible notes payable, net of discounts, decreased, interest expense decreased, and change in fair value of derivative liabilities decreased. Additionally, no loss on extinguishment of debt for note conversions was recorded, resulting in a decrease in the loss and an increase in additional paid-in capital. (d) Total general and administrative expenses decreased as a result of corrections to certain operating expenses. (e) As a result of the adjustments discussed above, net loss as previously reported changed to net income, changing net loss per common share to net income per common share. Common stock equivalents for convertible debt and convertible preferred stock are no longer anti-dilutive and added to basic weighted average common shares to compute diluted weighted average common shares outstanding. (f) Disclosure added which was previously omitted.

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	3 Months Ended
	Sep. 30, 2018
Notes to Financial Statements
NOTE 13 - SUBSEQUENT EVENTS	Management has evaluated subsequent events according to the requirements of ASC TOPIC 855, and has reported the following: Issuance of Shares On October 5, 2018, the Company issued to a consultant 100,000 common shares valued at $15,000. On January 9, 2019, 3,500 shares of Series B preferred stock were issued for stock subscriptions payable of $35,000. Return of Shares In December 2018, a total of 2,000 shares of Series B preferred stock originally issued pursuant to an Asset Purchase Agreement were returned to the Company and cancelled.

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	3 Months Ended
	Sep. 30, 2018
Summary Of Significant Accounting Policies
Restatement	The Company is restating its condensed financial statements for the three months ended September 30, 2017 to correct reporting of derivative liabilities associated with its convertible notes payable and warrants, stock-based compensation, gain on sale of investments and other miscellaneous corrections.
Use of Estimates	The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Because of the use of estimates inherent in the financial reporting process, actual results could differ significantly from those estimates.
Digital Currencies	Digital currencies consist of Bitcoin, Litecoin and Ethereum, generally received for the Company’s own account as compensation for cryptocurrency mining services. Given that there is limited precedent regarding the classification and measurement of cryptocurrencies under current Generally Accepted Accounting Principles (“GAAP”), the Company has determined to account for these digital currencies as indefinite-lived intangible assets in accordance with Accounting Standards Update ("ASU") No. 350, Intangibles – Goodwill and Other
Inventories	Inventories at September 30, 2018 consist of cryptocurrency mining units held for sale or deployment in mining operatons, and are stated at the lower of cost or estimated realizable value. Payments to equipment suppliers prior to shipment of the equipment are recorded as equipment deposits.
Property and Equipment	Property and equipment, consisting primarily of computer and other cryptocurrency mining equipment (transaction verification servers) and leasehold improvements, is stated at the lower of cost or estimated realizable value and is depreciated when placed into service using the straight-line method over estimated useful lives. The Company operates in an emerging industry for which limited data is available to make estimates of the useful economic lives of specialized equipment. Management has assessed the basis of depreciation of these assets and believes they should be depreciated over a three-year period due to technological obsolescence reflecting rapid development of hardware that has faster processing capacity and other factors. Additionally, as of September 30, 2018, the Company wrote down cryptocurrency mining equipment by $2,097,930 to estimated net realizable value. Maintenance and repairs are expensed as incurred and improvements are capitalized. Gains or losses on the disposition of property and equipment are recorded upon disposal. Management has determined that the three-year diminishing value best reflects the current expected useful life of transaction verification servers. This assessment takes into consideration the availability of historical data and management’s expectations regarding the direction of the industry including potential changes in technology. Management will review this estimate annually and will revise such estimates as and when data becomes available. To the extent that any of the assumptions underlying management’s estimate of useful life of its transaction verification servers are subject to revision in a future reporting period, either as a result of changes in circumstances or through the availability of greater quantities of data, then the estimated useful life could change and have a prospective impact on depreciation expense and the carrying amounts of these assets.
Accounting for Derivatives	The Company evaluates its convertible debt, options, warrants or other contracts to determine if those contracts or embedded components of those contracts qualify as derivatives to be separately accounted for. The result of this accounting treatment is that under certain circumstances the fair value of the derivative is marked-to-market each balance sheet date and recorded as a liability. In the event that the fair value is recorded as a liability, the change in fair value is recorded in the statement of operations as other income or expense. Upon conversion or exercise of a derivative instrument, the instrument is marked to fair value at the conversion date and then that fair value is reclassified to equity. Equity instruments that are initially classified as equity that become subject to reclassification under this accounting standard are reclassified to liability at the fair value of the instrument on the reclassification date. Where the number of warrants or common shares to be issued under these agreements is indeterminate, the Company has concluded that the equity environment is tainted, and all additional warrants and convertible debt are included in the value of the derivatives. We estimate the fair value of the derivatives associated with our convertible notes payable, warrants and put-back rights associated with two asset purchase agreements using, as applicable, either the Black-Scholes pricing model or multinomial lattice models that value the derivative liability based on a probability weighted discounted cash flow model using future projections of the various potential outcomes. We estimate the fair value of the derivative liabilities at the inception of the financial instruments, and, in the case of our convertible notes payable, at the date of conversions to equity and at each reporting date, recording a derivative liability, debt discount, additional paid-in capital and a gain or loss on change in derivative liabilities as applicable. These estimates are based on multiple inputs, including the market price of our stock, interest rates, our stock price volatility, variable conversion prices based on market prices as defined in the respective agreements and probabilities of certain outcomes based on management projections. These inputs are subject to significant changes from period to period and to management’s judgment; therefore, the estimated fair value of the derivative liabilities will fluctuate from period to period, and the fluctuation may be material.
Impairment of Long-Lived Assets	All assets, including intangible assets subject to amortization, are reviewed for impairment when changes in circumstances indicate that the carrying amount of the asset may not be recoverable in accordance with ASC 350 and ASC 360. If the carrying amount of the asset exceeds the expected undiscounted cash flows of the asset, an impairment charge is recognized equal to the amount by which the carrying amount exceeds fair value or net realizable value. The testing of these intangibles under established guidelines for impairment requires significant use of judgment and assumptions. Changes in forecasted operations and other assumptions could materially affect the estimated fair values. Changes in business conditions could potentially require adjustments to these asset valuations. Total impairment expense, consisting of write downs for cryptocurrency mining equipment totaled $2,097,930 for the three months ended September 30, 2018.
Fair Value of Financial Instruments	Disclosures about fair value of financial instruments require disclosure of the fair value information, whether or not recognized in the balance sheet, where it is practicable to estimate that value. As of September 30, 2018 and June 30, 2018, the amounts reported for cash, prepaid expenses and other current assets, accounts payable, accrued expenses and due to related party approximate fair value because of their short maturities. Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. ASC Topic 820 established a three-tier fair value hierarchy, which prioritizes the inputs used in measuring fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (level 1measurements) and the lowest priority to unobservable inputs (level 3 measurements). These tiers include: · Level 1, defined as observable inputs such as quoted prices for identical instruments in active markets; · Level 2, defined as inputs other than quoted prices in active markets that are either directly or indirectly observable such as quoted prices for similar instruments in active markets or quoted prices for identical or similar instruments in markets that are not active; and · Level 3, defined as unobservable inputs in which little or no market data exists, therefore requiring an entity to develop its own assumptions, such as valuations derived from valuation techniques in which one or more significant inputs or significant value drivers are unobservable. At September 30, 2018, we had no financial instrument assets measured at fair value. Our marketable securities as of June 30, 2018 are measured at fair value on a recurring basis and estimated as follows: Total Level 1 Level 2 Level 3 Marketable securities $ 1,700 $ 1,700 $ - $ - Total assets measured at fair value $ 1,700 $ 1,700 $ - $ - Our derivative liabilities are measured at fair value on a recurring basis and estimated as follows: Total Level 1 Level 2 Level 3 September 30, 2018: Derivative liabilities $ 1,917,301 $ - $ - $ 1,917,301 Total liabilities measured at fair value $ 1,917,301 $ - $ - $ 1,917,301 June 30, 2018: Derivative liabilities $ 2,886,965 $ - $ - $ 2,886,965 Total liabilities measured at fair value $ 2,886,965 $ - $ - $ 2,886,965 During the three months ended September 30, 2018, the Company had the following activity in its derivative liabilities: Convertible Notes Payable Warrants Put Back Rights Total Derivative liabilities at June 30, 2018 $ - $ - $ 2,886,965 $ 2,886,965 Addition to liabilities for new debt/warrants 81,543 - - 81,543 Change in fair value (455 ) 85,294 (1,136,046 ) (1,051,207 ) Derivative liabilities at September 30, 2018 $ 81,088 $ 85,294 $ 1,750,919 $ 1,917,301
Stock-Based Compensation	The Company accounts for all equity-based payments in accordance with ASC Topic 718, Compensation – Stock Compensation. The Company accounts for non-employee share-based awards based upon ASC 505-50, Equity-Based Payments to Non-Employees.
Revenue Recognition	Effective July 1, 2018, we adopted ASC 606, Revenue from Contracts with Customers, Our revenues currently consist of cryptocurrency mining revenues and revenues from the sale of cryptocurrency mining equipment recognized in accordance with ASC 606 as discussed above. Amounts collected from customers prior to shipment of products are recorded as deferred revenue. The Company earns its cryptocurrency mining revenues by providing transaction verification services within the digital currency networks of crypto-currencies, such as Bitcoin, Litecoin and Ethereum. The Company satisfies its performance obligation at the point in time that the Company is awarded a unit of digital currency through its participation in the applicable network and network participants benefit from the Company’s verification service. In consideration for these services, the Company receives digital currencies, which are recorded as revenue using the closing U.S. dollar price of the related cryptocurrency on the date of receipt. Expenses associated with running the cryptocurrency mining operations, such as equipment depreciation, rent, operating supplies, rent, utilities and monitoring services are recorded as cost of revenues. There is currently no specific definitive guidance in GAAP or alternative accounting frameworks for the accounting for the production and mining of digital currencies and management has exercised significant judgment in determining appropriate accounting treatment for the recognition of revenue for mining of digital currencies. Management has examined various factors surrounding the substance of the Company’s operations and the guidance in ASC 606, including identifying the transaction price, when performance obligations are satisfied, and collectability is reasonably assured being the completion and addition of a block to a blockchain and the award of a unit of digital currency to the Company. In the event authoritative guidance is enacted by the FASB, the Company may be required to change its policies which could result in a change in the Company’s financial statements.
Income Taxes	The Company adopted the provisions of ASC 740-10, Accounting for Uncertain Income Tax Positions. The Company adopted ASC 740-10, Definition of Settlement in FASB Interpretation No. 48,
Income (Loss) Per Share	Basic net income or loss per share is calculated by dividing net income or loss by the weighted average number of common shares outstanding for the period. Diluted income or loss per share reflects the potential dilution that could occur if securities or other contracts to issue common stock, such as “in-the-money” stock options and warrants, convertible debt and convertible preferred stock, were exercised or converted into common stock. Equivalent shares are not utilized when the effect is anti-dilutive. The common shares used in the computation of basic and diluted net income (loss) per share are reconciled as follows: Three Months Ended September 30, 2018 2017 Weighted average number of shares outstanding – basic 9,253,016 7,169,767 Dilutive effect of convertible debt - 2,579,473 Dilutive effect of Series B convertible preferred stock - 18,000,000 Weighted average number of shares outstanding – diluted 9,253,016 27,749,240 For the three months ended September 30, 2018, common stock equivalent shares which may dilute future earnings per share include 348,375 common shares issuable upon exercise of warrants, and 23,250,000 common shares issuable upon conversion of Series B Preferred Stock. The conversion feature of the Company’s convertible notes payable was not in effect as of September 30, 2018. Since these potential dilutive securities had an anti-dilutive effect, they were not included in the calculation of diluted net loss per common share; therefore, basic net loss per share is the same as diluted net loss per share for the three months ended September 30, 2018.
Recently Issued Accounting Pronouncements	In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842) There were no new accounting pronouncements issued or proposed by the FASB during the three months ended September 30, 2018 and through the date of filing this report which the Company believes will have a material impact on its financial financial statements.
Reclassifications	Certain amounts in the condensed financial statements for the prior-year periods have been reclassified to conform to the presentation for the current-year periods.

SUMMARY OF SIGNIFICANT ACCOUN_3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	3 Months Ended
	Sep. 30, 2018
Organization And Summary Of Significant Accounting Policies Tables Abstract
Fair value of marketable securities	Our marketable securities as of June 30, 2018 are measured at fair value on a recurring basis and estimated as follows: Total Level 1 Level 2 Level 3 Marketable securities $ 1,700 $ 1,700 $ - $ - Total assets measured at fair value $ 1,700 $ 1,700 $ - $ -
Fair value of derivative liabilities	Our derivative liabilities are measured at fair value on a recurring basis and estimated as follows: Total Level 1 Level 2 Level 3 September 30, 2018: Derivative liabilities $ 1,917,301 $ - $ - $ 1,917,301 Total liabilities measured at fair value $ 1,917,301 $ - $ - $ 1,917,301 June 30, 2018: Derivative liabilities $ 2,886,965 $ - $ - $ 2,886,965 Total liabilities measured at fair value $ 2,886,965 $ - $ - $ 2,886,965
Derivative liability	During the three months ended September 30, 2018, the Company had the following activity in its derivative liabilities: Convertible Notes Payable Warrants Put Back Rights Total Derivative liabilities at June 30, 2018 $ - $ - $ 2,886,965 $ 2,886,965 Addition to liabilities for new debt/warrants 81,543 - - 81,543 Change in fair value (455 ) 85,294 (1,136,046 ) (1,051,207 ) Derivative liabilities at September 30, 2018 $ 81,088 $ 85,294 $ 1,750,919 $ 1,917,301
Schedule of earnings per share, basic and diluted	The common shares used in the computation of basic and diluted net income (loss) per share are reconciled as follows: Three Months Ended September 30, 2018 2017 Weighted average number of shares outstanding – basic 9,253,016 7,169,767 Dilutive effect of convertible debt - 2,579,473 Dilutive effect of Series B convertible preferred stock - 18,000,000 Weighted average number of shares outstanding – diluted 9,253,016 27,749,240

PROPERTY AND EQUIPMENT (Tables)

PROPERTY AND EQUIPMENT (Tables)	3 Months Ended
	Sep. 30, 2018
Property And Equipment
Property and equipment	Property and equipment consisted of the following at: September 30, 2018 June 30, 2018 Cryptocurrency mining equipment $ 1,483,194 $ 573,806 Furniture and equipment 16,064 14,427 Leasehold improvements 138,441 102,932 Total 1,637,699 691,165 Less accumulated depreciation and amortization (168,278 ) (58,060 ) Net $ 1,469,421 $ 633,105

DIGIMINE ACQUISITION (Tables)

DIGIMINE ACQUISITION (Tables)	3 Months Ended
	Sep. 30, 2018
Digimine Acquisition
Summarized of acquisition	The total consideration paid in the Acquisition is summarized as follows: Value of 36,667 total Series B preferred shares $ 1,163,806 Derivative liabilities associated with Put-Back Rights 3,729,109 Total consideration paid $ 4,892,915
Schedule of fair value of the assets acquired	The total consideration paid was allocated to the fair value of the assets acquired as follows: Restricted cash $ 375,000 Property and equipment 350,349 Digital currencies 14,056 Goodwill 4,153,510 Total consideration allocated $ 4,892,915

CONVERTIBLE NOTES PAYABLE (Tabl

CONVERTIBLE NOTES PAYABLE (Tables)	3 Months Ended
	Sep. 30, 2018
Convertible Notes Payable
Schedule of convertible notes payable	Convertible notes payable, all classified as current, consist of the following at September 30, 2018: Debt Principal Discount Net Geneva Roth Remark Holdings, Inc. $ 128,000 $ 47,418 $ 80,582 BHP Capital NY, Inc. 52,000 46,326 5,674 Armada Investment Fund, LLC 52,000 46,327 5,673 Total $ 232,000 $ 140,071 $ 91,929

WARRANTS (Tables)

WARRANTS (Tables)	3 Months Ended
	Sep. 30, 2018
Non Employees [Member]
Schedule of warrant	Warrant activity for the three months ended September 30, 2018 is as follows: Number of Warrants Weighted Average Exercise Price Weighted Average Remaining Contract Term (Years) Aggregate Intrinsic Value Outstanding at June 30, 2018 348,375 $ 2.20 2.55 $ - Granted - $ - Exercised (34,333 ) $ 2.16 Forfeited or expired - $ - Outstanding and exercisable at September 30, 2018 314,042 $ 2.20 2.30 $ -

RESTATEMENT (Tables)

RESTATEMENT (Tables)	3 Months Ended
	Sep. 30, 2018
Restatement Tables Abstract
Restated Balance Sheet	Integrated Ventures, Inc. Balance Sheet As Originally Reported on September 30, 2017 Adjustments As Restated September 30, 2017 ASSETS Current assets: Cash $ 90,193 $ - $ 90,193 Marketable securities 112,901 - 112,901 Prepaid expenses and other current assets 5,000 - 5,000 Total current assets 208,094 - 208,094 Non-current assets: Property and equipment 281,757 - 281,757 Deposits 700 - 700 Total assets $ 490,551 $ - $ 490,551 LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT) Current liabilities: Accounts payable $ 31,901 $ - $ 31,901 Accrued expenses 29,498 10,781 (a) 40,279 Due to related party 5,022 (5,022 ) (b) - Derivative liabilities 346,183 (287,828 ) (c) 58,355 Convertible notes payable, net of discounts 9,590 647 (c) 10,237 Note payable 125,000 - 125,000 Total current liabilities 547,194 (281,422 ) 265,772 Total liabilities 547,194 (281,422 ) 265,772 Commitments and contingencies Stockholders’ equity (deficit): Series A preferred stock, $0.001 par value, (1,000,000 shares authorized, 500,000 shares issued and outstanding) 500 - 500 Series B preferred stock, $0.001 par value, (500,000 shares authorized, 150,000 shares issued and outstanding) 180 - 180 Common stock, $0.001 par value, (40,000,000 shares authorized, 7,742,401 shares issued and outstanding) 7,742 - 7,742 Additional paid-in capital 4,988,413 1,033,310 (c) 6,021,723 Accumulated deficit (5,053,478 ) (751,888 ) (b)(c)(d) (5,805,366 ) Total stockholders’ equity (deficit) (56,643 ) 281,422 224,779 Total liabilities and stockholders’ equity (deficit) $ 490,551 $ - $ 490,551
Restated Statement of Operations	Integrated Ventures, Inc. Statement of Operations As Originally Reported for the Three Months Ended September 30, 2017 Adjustments As Restated for the Three Months Ended September 30, 2017 Revenue $ - $ - $ - Operating expenses: General and administrative 139,877 21,481 (d) 161,358 Total operating expenses 139,877 21,481 161,358 Loss from operations (139,877 ) (21,481 ) (161,358 ) Other income (expense): Interest and other income 98 - 98 Interest expense (85,581 ) (1,299 )(c) (86,880 ) Realized gain on sale of investments 281,223 - 281,223 Unrealized gain on investments 61,111 - 61,111 Loss on extinguishment of debt (271,735 ) 276,410 (c) 4,675 Change in fair value of derivative liabilities (71,835 ) 60,086 (c) (11,749 ) Total other income (expense) (86,719 ) 335,197 248,478 Income (loss) before income taxes (226,596 ) 313,716 87,120 Provision for income taxes - - - Net income (loss) $ (226,596 ) $ 313,716 $ 87,120 Net income (loss) per common share: Basic $ (0.03 ) $ 0.04 (e) $ 0.01 Diluted $ (0.03 ) $ 0.03 (e) $ 0.00 Weighted average number of common shares outstanding: Basic 7,169,768 - 7,169,768 Diluted 7,169,768 20,579,473 (e) 27,749,240
Restated Statement of Cash Flows	Integrated Ventures, Inc. Statement of Cash Flows As Originally Reported for the Three Months Ended September 30, 2017 Adjustments As Restated for the Three Months Ended September 30, 2017 Cash flows from operating activities: Net income (loss) $ (226,596 ) $ 313,716 $ 87,120 Adjustments to reconcile net income (loss) to net cash used in operating activities: Stock-based compensation – related party 9,000 - 9,000 Amortization of debt discount 49,205 4,137 (c) 53,342 Amortization of original issue discount 1,347 - 1,347 Change in fair value of derivative liabilities 71,835 (60,086 ) 11,749 (Gain) loss on extinguishment of debt 271,735 (276,410 ) (4,675 ) Financing fees related to notes payable 31,858 - 31,858 Realized gain on sale of investments (281,223 ) - (281,223 ) Unrealized gain on investments (61,111 ) - (61,111 ) Changes in assets and liabilities: Prepaid expenses and other current assets 2,500 - 2,500 Accrued interest receivable – related party - (98 )(f) (98 ) Accounts payable 4,484 - 4,484 Accrued expenses (3,501 ) 26,232 (a) 22,731 Due to related party (15,194 ) (7,491 )(b) (22,685 ) Net cash used in operating activities (145,661 ) - (145,661 ) Cash flows from investing activities: Net proceeds from the sale of investments 551,800 - 551,800 Increase in notes receivable – related party (49,880 ) - (49,880 ) Purchase of property and equipment (281,757 ) - (281,757 ) Net cash provided by investing activities 220,163 - 220,163 Cash flows from financing activities: - - - Net increase in cash 74,502 - 74,502 Cash, beginning of year 15,691 - 15,691 Cash, end of year $ 90,193 $ - $ 90,193 Supplemental disclosure of cash flow information: Cash paid for interest $ - $ - $ - Cash paid for income taxes - - - Non-cash investing and financing activities: Common shares issued for convertible notes payable $ 353,258 (235,995 )(c) 117,263 Common shares issued for due to related party 15,624 - 15,624 Common shares issued for cashless exercise of warrants - 188 (f) 188 Debt discount for derivative liability 47,617 - 47,617 Accrued interest added to convertible notes payable 1,117 - 1,117 Settlement of derivative liabilities - 45,788 (c) 45,788

ORGANIZATION AND BASIS OF PRE_2

ORGANIZATION AND BASIS OF PRESENTATION (Details Narrative)	3 Months Ended
	Sep. 30, 2018
Organization And Basis Of Presentation
State of Incorporation	Nevada
Date of incorporation	Mar. 22, 2011

SUMMARY OF SIGNIFICANT ACCOUN_4

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details)	Sep. 30, 2018USD ($)
Marketable securities	$ 1,700
Total assets measured at fair value	1,700
Level 1 [Member]
Marketable securities	1,700
Total assets measured at fair value	1,700
Level 2 [Member]
Marketable securities
Total assets measured at fair value
Level 3 [Member]
Marketable securities
Total assets measured at fair value

SUMMARY OF SIGNIFICANT ACCOUN_5

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details 1) - USD ($)	Sep. 30, 2018	Jun. 30, 2018
Derivative liabilities	$ 1,917,301	$ 2,886,965
Total liabilities measured at fair value	1,917,301	2,886,965
Level 1 [Member]
Derivative liabilities
Total liabilities measured at fair value
Level 2 [Member]
Derivative liabilities
Total liabilities measured at fair value
Level 3 [Member]
Derivative liabilities	1,917,301	2,886,965
Total liabilities measured at fair value	$ 1,917,301	$ 2,886,965

SUMMARY OF SIGNIFICANT ACCOUN_6

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details 2)	3 Months Ended
	Sep. 30, 2018USD ($)
Derivative liability Beginning	$ 2,886,965
Addition to liabilities for new debt/warrants	81,543
Change in fair value	(1,051,207)
Derivative liability Ending	1,917,301
Warrants [Member]
Derivative liability Beginning
Addition to liabilities for new debt/warrants
Change in fair value	85,294
Derivative liability Ending	85,294
Convertible Notes Payable [Member]
Derivative liability Beginning
Addition to liabilities for new debt/warrants	81,543
Change in fair value	(455)
Derivative liability Ending	81,088
Put Back Rights [Member]
Derivative liability Beginning	2,886,965
Addition to liabilities for new debt/warrants
Change in fair value	(1,136,046)
Derivative liability Ending	$ 1,750,919

SUMMARY OF SIGNIFICANT ACCOUN_7

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details 3) - shares	3 Months Ended
	Sep. 30, 2018	Sep. 30, 2017
Summary Of Significant Accounting Policies Details 2Abstract
Weighted average number of shares outstanding – basic	9,253,016	7,169,767
Dilutive effect of convertible debt		2,579,473
Dilutive effect of Series B convertible preferred stock		18,000,000
Weighted average number of shares outstanding – diluted	9,253,016	27,749,240

SUMMARY OF SIGNIFICANT ACCOUN_8

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative) - USD ($)	3 Months Ended
	Sep. 30, 2018	Jun. 30, 2018
Property and equipment	$ 1,469,421	$ 633,105
Impairment expense of long-lived assets	2,097,930
Crypto-Currency Mining Equipment [Member]
Property and equipment	$ 2,097,930
Property and equipment estimated useful life	3 years
Common Stock
Antidilutive securities excluded from the computation of EPS	348,375
Series B Preferred Stock [Member]
Antidilutive securities excluded from the computation of EPS	23,250,000

GOING CONCERN (Details Narrativ

GOING CONCERN (Details Narrative) - USD ($)	3 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Jun. 30, 2018
Going Concern
Net cash used in operating activities	$ (155,227)	$ (145,661)
Accumulated deficit	(13,170,158)		$ (11,469,936)
Total stockholders' deficit	$ (281,368)		$ (2,134,818)

PROPERTY AND EQUIPMENT (Details

PROPERTY AND EQUIPMENT (Details) - USD ($)	Sep. 30, 2018	Jun. 30, 2018
Property and Equipment, Total	$ 1,637,699	$ 691,165
Less accumulated depreciation and amortization	(168,278)	(58,060)
Property and Equipment, Net	1,469,421	633,105
Cryptocurrency mining equipment [Member]
Property and Equipment, Total	1,483,194	573,806
Furniture and equipment [Member]
Property and Equipment, Total	16,064	14,427
Leasehold Improvements [Member]
Property and Equipment, Total	$ 138,441	$ 102,932

PROPERTY AND EQUIPMENT (Detai_2

PROPERTY AND EQUIPMENT (Details Narrative) - USD ($)	3 Months Ended
	Sep. 30, 2018	Sep. 30, 2017
Property And Equipment Details Abstract
Depreciation and amortization expense	$ 110,218	$ 0

ASSET PURCHASE AGREEMENT (Detai

ASSET PURCHASE AGREEMENT (Details Narrative)	Aug. 02, 2018USD ($)Numbershares	Sep. 30, 2018USD ($)
Impairment expense | $		$ 2,097,930
Asset Purchase Agreement [Member] | Ethereum mining machines [Member]
Number of machines to be purchased under agreement	182
Number of machines placed in operations	152
Number of machines deemed to be defective	30
Asset Purchase Agreement [Member] | Series B Convertible Preferred Stock [Member] | Ethereum mining machines [Member]
Restricted stock shares issued for the purchase of machine under agreement | shares	38,018
Amount of restricted stock shares issued for the purchase of machine under agreement | $	$ 3,801,800

DIGIMINE ACQUISITION (Details)

DIGIMINE ACQUISITION (Details)	Sep. 30, 2018USD ($)
Digimine Acquisition Details Abstract
Value of 36,667 total Series B preferred shares	$ 1,163,806
Derivative liabilities associated with Put-Back Rights	3,729,109
Total consideration paid	$ 4,892,915

DIGIMINE ACQUISITION (Details 1

DIGIMINE ACQUISITION (Details 1) - USD ($)	Sep. 30, 2018	Jun. 30, 2018
Restricted cash		$ 375,000
Property and equipment	$ 1,637,699	691,165
Digital currencies	4,460	$ 11,227
DigiMine LLC [Member]
Restricted cash	375,000
Property and equipment	350,349
Digital currencies	14,056
Goodwill	4,153,510
Total consideration allocated	$ 4,892,915

DIGIMINE ACQUISITION (Details N

DIGIMINE ACQUISITION (Details Narrative) - USD ($)	Apr. 16, 2018	Apr. 30, 2018	Jun. 30, 2018	Sep. 30, 2018
Restricted cash			$ 375,000
Impairment expense			$ 4,153,510
DigiMine LLC [Member]
Restricted cash				$ 375,000
Goodwill				$ 4,153,510
Asset Purchase Agreement [Member] | DigiMine LLC [Member]
Restricted cash	$ 175,000	$ 200,000
Description for shares of redemption price	DigiMine has the right (the "Put-Back Right"), at any time commencing April 1, 2019, to require that the Company redeem for cash any of Seller's then-outstanding Shares at a redemption price equal to 72% of the Shares	DigiMine has the right (the "Put-Back Right"), at any time commencing May 1, 2019, to require that the Company redeem for cash any of Seller's then-outstanding Shares at a redemption price equal to 72% of the Shares
Put-Back Price	$ 1,200,000	$ 1,440,000
Fixed price	$ 100	$ 100
Description of put-back price	The Conversion Amount on execution is equal to $1,200,000 (the "Put-Back Price") of such Shares; provided, that the Put Back Right expires with respect to any of the Shares at such time as the Shares are registered for resale. Each of the Shares for purposes of the Put-Back Price is equal to a fixed price of $100 per share	The Conversion Amount on execution is equal to $1,440,000 (the "Put-Back Price") of such Shares; provided, that the Put Back Right expires with respect to any of the Shares at such time as the Shares are registered for resale. Each of the Shares for purposes of the Put-Back Price is equal to a fixed price of $100 per share
Digital currency portfolio an estimated value		$ 15,487
Asset Purchase Agreement [Member] | DigiMine LLC [Member] | Series B Preferred Stock [Member]
Shares issued	16,666	20,000

RELATED PARTY TRANSACTIONS (Det

RELATED PARTY TRANSACTIONS (Details Narrative) - USD ($)	1 Months Ended	3 Months Ended
	Mar. 18, 2018	Sep. 30, 2018	Sep. 30, 2017	Jun. 30, 2018
Stock-based compensation - related party		$ 417,000	$ 9,000
Due to related party		$ 48,975		$ 20,974
Series B Preferred Stock [Member]
Preferred stock shares issued		352,184		309,166
Mr. Rubakh [Member]
Due to related party		$ 48,975	$ 20,974
Mr. Rubakh [Member] | Series B Preferred Stock [Member]
Preferred stock shares reserved for future issuance periodically	5,000
Frequency of periodic issuance	Quarterly
Mr. Rubakh [Member] | On August 1, 2017 [Member] | Series B Preferred Stock [Member]
Preferred stock shares issued			30,000
Stock-based compensation - related party			$ 9,000
Mr. Rubakh [Member] | On July 1, 2018 [Member] | Series B Preferred Stock [Member]
Preferred stock shares issued		5,000
Stock-based compensation - related party		$ 417,000
Mr. Rubakh [Member] | April 1, 2018 [Member]
Accrued compensation	$ 150,000

CONVERTIBLE NOTES PAYABLE (Deta

CONVERTIBLE NOTES PAYABLE (Details) - USD ($)	Sep. 30, 2018	Jun. 30, 2018
Principal	$ 232,000
Debt Discount	140,071
Net	91,929
Convertible Notes Payable [Member] | Geneva Roth Remark Holdings, Inc. [Member]
Principal	128,000
Debt Discount	47,418
Net	80,582
Convertible Notes Payable [Member] | BHP Capital NY, Inc. [Member]
Principal	52,000
Debt Discount	46,326
Net	5,674
Convertible Notes Payable [Member] | Armada Investment Fund, LLC [Member]
Principal	52,000
Debt Discount	46,327
Net	$ 5,673

CONVERTIBLE NOTES PAYABLE (De_2

CONVERTIBLE NOTES PAYABLE (Details Narrative) - USD ($)	1 Months Ended		3 Months Ended
	Sep. 26, 2018	Sep. 17, 2018	Sep. 30, 2018	Sep. 30, 2017	Jun. 30, 2018
Principal amount			$ 232,000
Common stock shares issued			9,774,103		8,964,103
Derivative liability			$ 1,917,301		$ 2,886,965
Amortization of debt discount			2,777	$ 53,342
Convertible Promissory Note [Member] | Armada Investment Fund, LLC [Member]
Principal amount	$ 52,000
Original issue discount	$ 2,000
Maturity date	Sep. 17, 2019
Interest rate	8.00%
Common stock shares issued	75,000
Proceeds from issuance of common stock	$ 26,625
Debt discount	46,840
Derivative liability	$ 17,687		17,635
Terms of conversion feature	Armada has the right beginning on the date that is 31 days following the date of the note to convert principal and accrued interest into shares of the Company’s common stock
Conversion price, description	The conversion price is 70% of the average of the three lowest trading prices of the Company’s common stock during the ten trading days ending on the latest complete trading day prior to the date of conversion.
Amortization of debt discount	$ 513
Accrued interest	46
Convertible Promissory Note [Member] | BHP Capital NY, Inc. [Member]
Principal amount	52,000
Original issue discount	$ 2,000
Maturity date	Sep. 17, 2019
Interest rate	8.00%
Common stock shares issued	75,000
Proceeds from issuance of common stock	$ 26,625
Debt discount	46,840
Derivative liability	$ 17,687		17,635
Terms of conversion feature	BHP has the right beginning on the date that is 31 days following the date of the note to convert principal and accrued interest into shares of the Company’s common stock
Conversion price, description	The conversion price is 70% of the average of the three lowest trading prices of the Company’s common stock during the ten trading days ending on the latest complete trading day prior to the date of conversion.
Amortization of debt discount	$ 513
Accrued interest	$ 46
Convertible Promissory Note [Member] | Geneva Roth Remark Holdings, Inc. [Member]
Principal amount		$ 128,000
Maturity date		Sep. 26, 2019
Interest rate		10.00%
Debt discount		$ 49,169
Derivative liability		$ 46,169	$ 45,818
Terms of conversion feature		Geneva has the right beginning on the date that is 170 days following the date of the note to convert principal and accrued interest into shares of the Company’s common stock
Conversion price, description		The conversion price is 70% of the average of the three lowest trading prices of the Company’s common stock during the ten trading days ending on the latest complete trading day prior to the date of conversion.
Amortization of debt discount		$ 1,751
Accrued interest		$ 459

STOCKHOLDERS' DEFICIT (Details

STOCKHOLDERS' DEFICIT (Details Narrative)	Aug. 02, 2018USD ($)Numbershares	Jul. 06, 2017USD ($)shares	Sep. 26, 2018USD ($)shares	Aug. 23, 2018USD ($)shares	Mar. 18, 2018USD ($)shares	Sep. 30, 2018USD ($)$ / sharesshares	Sep. 30, 2017USD ($)shares	Aug. 14, 2018USD ($)shares	Jun. 30, 2018USD ($)$ / sharesshares	Dec. 21, 2015$ / sharesshares	Mar. 31, 2015shares
Stock-based compensation - related party | $						$ 417,000	$ 9,000
Common stock value | $						$ 9,775			$ 8,965
Common stock, par value | $ / shares						$ 0.001			$ 0.001
Common stock, shares authorized						40,000,000			40,000,000
Common stock, shares issued						9,774,103			8,964,103
Common stock, shares outstanding						9,774,103			8,964,103
Common shares issued for cashless exercise of warrants, amount | $						$ 560	$ 188
Common stock shares issued, shares						810,000	2,529,837
Asset Purchase Agreement [Member] | Ethereum mining machines [Member]
Number of machines to be purchased under agreement | Number	182
Consultant [Member]
Common stock value | $								$ 55,000
Common stock, shares issued								100,000
Mr. Rubakh [Member] | April 1, 2018 [Member]
Accrued compensation | $					$ 150,000
Common Stock | Lender [Member]
Common shares issued for cashless exercise of warrants, amount | $		$ 188		$ 560
Common shares issued for cashless exercise of warrants, shares		188,240		560,000
Common stock shares issued, shares			150,000
Common stock shares issued, amount | $			$ 53,250
Convertible debt [Member]
Debt conversion converted instrument, shares issued							1,994,081
Value of shares issued upon conversion of debt | $							$ 117,263
Debt conversion converted amount, principal | $							42,276
Debt conversion converted amount, derivative liabilities | $							40,414
Debt conversion converted amount, fees | $							1,949
Debt conversion converted amount, penalties | $							$ 29,909
Common Stock
Reverse stock split, description							The Company increased the number of outstanding common shares by 114 shares due to rounding of shares in the reverse stock split
Series B Preferred Stock [Member]
Preferred stock, shares authorized						500,000			500,000	500,000
Preferred stock, shares issued						352,184			309,166
Preferred stock, shares outstanding						352,184			309,166
Common stock shares issuable upon conversion of preferred stock										100
Preferred stock, par value per share | $ / shares						$ 0.001			$ 0.001	$ 0.001
Series B Preferred Stock [Member] | Mr. Rubakh [Member]
Preferred stock shares reserved for future issuance periodically					5,000
Frequency of periodic issuance					Quarterly
Series B Preferred Stock [Member] | Mr. Rubakh [Member] | On August 1, 2017 [Member]
Preferred stock, shares issued							30,000
Stock-based compensation - related party | $							$ 9,000
Series B Preferred Stock [Member] | Mr. Rubakh [Member] | On July 1, 2018 [Member]
Preferred stock, shares issued						5,000
Stock-based compensation - related party | $						$ 417,000
Series B Convertible Preferred Stock [Member] | Asset Purchase Agreement [Member] | Ethereum mining machines [Member]
Restricted shares issued	38,018
Amount of restricted stock shares issued for the purchase of machine under agreement | $	$ 3,801,800
Series A Preferred Stock [Member]
Preferred stock, shares authorized						1,000,000			1,000,000
Preferred stock, shares issued						500,000			500,000
Preferred stock, shares outstanding						500,000			500,000
Preferred stock, par value per share | $ / shares						$ 0.001			$ 0.001
Series A Preferred Stock [Member] | Board of Directors [Member]
Preferred stock, shares authorized											1,000,000
Preferred stock, shares issued											500,000
Preferred stock, shares outstanding											500,000
limitations and relative rights											1,000,000

WARRANTS (Details)

WARRANTS (Details) - Warrant [Member]	3 Months Ended
	Sep. 30, 2018USD ($)$ / sharesshares
Number of Outstanding Shares, Beginning Balance | shares	348,375
Granted | shares
Exercised | shares	(34,333)
Forfeited or expired | shares
Number of Outstanding Shares, Ending Balance | shares	314,042
Weighted Average Exercise Price, Beginning Balance | $ / shares	$ 2.20
Granted | $ / shares
Exercised | $ / shares	2.16
Forfeited or expired | $ / shares
Weighted Average Exercise Price, Ending Balance | $ / shares	$ 2.20
Weighted average remaining contractual life (Years), Outstanding and exercisable, Beginning Balance	2 years 6 months 18 days
Weighted average remaining contractual life (Years), Outstanding and exercisable, Ending Balance	2 years 3 months 19 days
Aggregate intrinsic value, Beginning Balance | $
Aggregate intrinsic value, Ending Balance | $

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Details Narrative)	12 Months Ended
	Jun. 30, 2018
Pennsylvania [Member]
Operating lease term description	The lease for the Pennsylvania location is on a month-to-month basis at $850 per month.
New Jersey [Member]
Operating lease term description	The lease for the New Jersey location was effective April 1, 2018 for a period of one year at a monthly rental of $6,986, with an automatic one-year renewal period with a 5% increase in the monthly rent.

RESTATEMENT (Details)

RESTATEMENT (Details) - USD ($)		Sep. 30, 2018	Jun. 30, 2018	Sep. 30, 2017	Jun. 30, 2017
Current assets:
Cash		$ 199,096	$ 749
Marketable securities			1,700
Prepaid expenses and other current assets		6,000	9,000
Total current assets		319,947	170,517
Non-current assets:
Property and equipment		1,469,421	633,105
Deposits		14,673	14,673
Total assets		1,808,501	829,522
Current liabilities:
Accounts payable		29,690	26,973
Accrued expenses		1,974	29,428
Due to related party		48,975	20,974
Derivative liabilities		1,917,301	2,886,965
Convertible notes payable, net of discounts		91,929
Total current liabilities		2,089,869	2,964,340
Total liabilities		2,089,869	2,964,340
Commitments and contingencies
Stockholders’ equity (deficit):
Common stock, $0.001 par value, (2,000,000,000 shares authorized, 7,742,401 shares issued and outstanding)		9,775	8,965
Additional paid-in capital		12,818,163	9,290,344
Accumulated deficit		(13,170,158)	(11,469,936)
Total stockholders’ equity (deficit)		(281,368)	(2,134,818)
Total liabilities and stockholders’ equity (deficit)		1,808,501	829,522
Series A Preferred Stock [Member]
Stockholders’ equity (deficit):
Preferred stock		500	500
Series B Preferred Stock [Member]
Stockholders’ equity (deficit):
Preferred stock		$ 352	$ 309
As Originally Reported [Member]
Current assets:
Cash				$ 90,193	$ 15,691
Marketable securities				112,901
Prepaid expenses and other current assets				5,000
Total current assets				208,094
Non-current assets:
Property and equipment				281,757
Deposits				700
Total assets				490,551
Current liabilities:
Accounts payable				31,901
Accrued expenses				29,498
Due to related party				5,022
Derivative liabilities				346,183
Convertible notes payable, net of discounts				9,590
Note payable				125,000
Total current liabilities				547,194
Total liabilities				547,194
Stockholders’ equity (deficit):
Common stock, $0.001 par value, (2,000,000,000 shares authorized, 7,742,401 shares issued and outstanding)				7,742
Additional paid-in capital				4,988,413
Accumulated deficit				(5,053,478)
Total stockholders’ equity (deficit)				(56,643)
Total liabilities and stockholders’ equity (deficit)				490,551
As Originally Reported [Member] | Series A Preferred Stock [Member]
Stockholders’ equity (deficit):
Preferred stock				500
As Originally Reported [Member] | Series B Preferred Stock [Member]
Stockholders’ equity (deficit):
Preferred stock				180
Adjustments [Member]
Current assets:
Cash
Marketable securities
Prepaid expenses and other current assets
Total current assets
Non-current assets:
Property and equipment
Deposits
Total assets
Current liabilities:
Accounts payable
Accrued expenses	[1]			10,781
Due to related party	[2]			(5,022)
Derivative liabilities	[3]			(287,828)
Convertible notes payable, net of discounts	[3]			647
Note payable
Total current liabilities				(281,422)
Total liabilities				(281,422)
Stockholders’ equity (deficit):
Common stock, $0.001 par value, (2,000,000,000 shares authorized, 7,742,401 shares issued and outstanding)
Additional paid-in capital	[3]			1,033,310
Accumulated deficit	[2],[3],[4]			(751,888)
Total stockholders’ equity (deficit)				281,422
Total liabilities and stockholders’ equity (deficit)
Adjustments [Member] | Series A Preferred Stock [Member]
Stockholders’ equity (deficit):
Preferred stock
Adjustments [Member] | Series B Preferred Stock [Member]
Stockholders’ equity (deficit):
Preferred stock
As Restated [Member]
Current assets:
Cash				90,193	$ 15,691
Marketable securities				112,901
Prepaid expenses and other current assets				5,000
Total current assets				208,094
Non-current assets:
Property and equipment				281,757
Deposits				700
Total assets				490,551
Current liabilities:
Accounts payable				31,901
Accrued expenses				40,279
Due to related party
Derivative liabilities				58,355
Convertible notes payable, net of discounts				10,237
Note payable				125,000
Total current liabilities				265,772
Total liabilities				265,772
Stockholders’ equity (deficit):
Common stock, $0.001 par value, (2,000,000,000 shares authorized, 7,742,401 shares issued and outstanding)				7,742
Additional paid-in capital				6,021,723
Accumulated deficit				(5,805,366)
Total stockholders’ equity (deficit)				224,779
Total liabilities and stockholders’ equity (deficit)				490,551
As Restated [Member] | Series A Preferred Stock [Member]
Stockholders’ equity (deficit):
Preferred stock				500
As Restated [Member] | Series B Preferred Stock [Member]
Stockholders’ equity (deficit):
Preferred stock				$ 180
[1]	(a) Accrued officer compensation was reclassified from accrued expenses to due to related party and accrued interest payable was increased.
[2]	(b) Accrued officer compensation was reclassified from accrued expenses to due to related party and subsequently reduced. Shareholder loans were offset by other payments and expenses and reduced.
[3]	(c) The Company engaged an outside consultant to revise derivative liabilities associated with convertible notes payable and to add derivative liabilities associated with warrants. The calculations were made for each issuance of new debt and warrants and for each conversion, exchange or exercise of debt and warrants. As a result, total derivative liabilities decreased, and modifications were made to the calculation of debt discount, interest expense for the amortization of debt discount, and change in fair value of derivative. In addition, convertible notes payable, net of discounts, decreased, interest expense decreased, and change in fair value of derivative liabilities decreased. Additionally, no loss on extinguishment of debt for note conversions was recorded, resulting in a decrease in the loss and an increase in additional paid-in capital.
[4]	(d) Total general and administrative expenses decreased as a result of corrections to certain operating expenses.

RESTATEMENT (Details 1)

RESTATEMENT (Details 1) - USD ($)		3 Months Ended
		Sep. 30, 2018	Sep. 30, 2017
Revenues		$ 115,245
Operating expenses:
General and administrative		556,922	161,358
Total operating expenses		2,654,852	161,358
Loss from operations		(2,740,867)	(161,358)
Other income (expense):
Interest and other income			98
Interest expense		(3,324)	(86,880)
Realized gain on sale of investments		(7,238)	281,223
Unrealized gain on investments			(61,111)
Loss on extinguishment of debt			4,675
Change in fair value of derivative liabilities		1,051,207	(11,749)
Total other income (expense)		1,040,645	248,478
Income (loss) before income taxes		(1,700,222)	87,120
Provision for income taxes
Net income (loss)		$ (1,700,222)	$ 87,120
Net income (loss) per common share:
Basic		$ (0.18)	$ 0.01
Diluted		$ (0.18)	$ 0
Weighted average number of common shares outstanding:
Basic		9,253,016	7,169,767
Diluted		9,253,016	27,749,240
As Originally Reported [Member]
Revenues
Operating expenses:
General and administrative			139,877
Total operating expenses			139,877
Loss from operations			(139,877)
Other income (expense):
Interest and other income			98
Interest expense			(85,581)
Realized gain on sale of investments			281,223
Unrealized gain on investments			61,111
Loss on extinguishment of debt			(271,735)
Change in fair value of derivative liabilities			(71,835)
Total other income (expense)			(86,719)
Income (loss) before income taxes			(226,596)
Provision for income taxes
Net income (loss)			$ (226,596)
Net income (loss) per common share:
Basic			$ (0.03)
Diluted			$ (0.03)
Weighted average number of common shares outstanding:
Basic			7,169,768
Diluted			7,169,768
Adjustments [Member]
Revenues
Operating expenses:
General and administrative	[1]		21,481
Total operating expenses			21,481
Loss from operations			(21,481)
Other income (expense):
Interest and other income
Interest expense	[2]		(1,299)
Realized gain on sale of investments
Unrealized gain on investments
Loss on extinguishment of debt	[2]		276,410
Change in fair value of derivative liabilities	[2]		60,086
Total other income (expense)			335,197
Income (loss) before income taxes			313,716
Provision for income taxes
Net income (loss)			$ 313,716
Net income (loss) per common share:
Basic	[3]		$ 0.04
Diluted	[3]		$ 0.03
Weighted average number of common shares outstanding:
Basic
Diluted	[3]		20,579,473
As Restated [Member]
Revenues
Operating expenses:
General and administrative			161,358
Total operating expenses			161,358
Loss from operations			(161,358)
Other income (expense):
Interest and other income			98
Interest expense			(86,880)
Realized gain on sale of investments			281,223
Unrealized gain on investments			61,111
Loss on extinguishment of debt			4,675
Change in fair value of derivative liabilities			(11,749)
Total other income (expense)			248,478
Income (loss) before income taxes			87,120
Provision for income taxes
Net income (loss)			$ 87,120
Net income (loss) per common share:
Basic			$ 0.01
Diluted			$ 0
Weighted average number of common shares outstanding:
Basic			7,169,768
Diluted			27,749,240
[1]	(d) Total general and administrative expenses decreased as a result of corrections to certain operating expenses.
[2]	(c) The Company engaged an outside consultant to revise derivative liabilities associated with convertible notes payable and to add derivative liabilities associated with warrants. The calculations were made for each issuance of new debt and warrants and for each conversion, exchange or exercise of debt and warrants. As a result, total derivative liabilities decreased, and modifications were made to the calculation of debt discount, interest expense for the amortization of debt discount, and change in fair value of derivative. In addition, convertible notes payable, net of discounts, decreased, interest expense decreased, and change in fair value of derivative liabilities decreased. Additionally, no loss on extinguishment of debt for note conversions was recorded, resulting in a decrease in the loss and an increase in additional paid-in capital.
[3]	(e) As a result of the adjustments discussed above, net loss as previously reported changed to net income, changing net loss per common share to net income per common share. Common stock equivalents for convertible debt and convertible preferred stock are no longer anti-dilutive and added to basic weighted average common shares to compute diluted weighted average common shares outstanding.

RESTATEMENT (Details 2)

RESTATEMENT (Details 2) - USD ($)		3 Months Ended
		Sep. 30, 2018	Sep. 30, 2017
Cash flows from operating activities:
Net income (loss)		$ (1,700,222)	$ 87,120
Adjustments to reconcile net income (loss) to net cash used in operating activities:
Stock-based compensation - related party		55,000
Amortization of debt discount		2,777	53,342
Amortization of original issue discount			1,347
Change in fair value of derivative liabilities		(1,051,207)	11,749
Gain (loss) on extinguishment of debt			(4,675)
Financing fees related to notes payable			31,858
Realized gain on sale of investments		7,238	(281,223)
Unrealized gain on investments			61,111
Changes in assets and liabilities:
Prepaid expenses and other current assets		3,000	2,500
Accrued interest receivable – related party			(98)
Accounts payable		2,717	4,485
Accrued expenses		(27,454)	22,730
Due to related party		28,001	(22,685)
Net cash used in operating activities		(155,227)	(145,661)
Cash flows from investing activities:
Net proceeds from the sale of investments		101,454	551,800
Increase in notes receivable – related party			(49,880)
Purchase of property and equipment		(37,146)	(281,757)
Net cash provided by investing activities		64,308	220,163
Cash flows from financing activities:		248,945
Net increase in cash		158,026	74,502
Cash, beginning of year		749
Cash, end of year		199,096
Supplemental disclosure of cash flow information:
Cash paid for interest		29,257
Non-cash investing and financing activities:
Common shares issued for convertible notes payable			117,263
Common shares issued for cashless exercise of warrants		560	188
Debt discount for derivative liability		81,543	47,617
Settlement of derivative liabilities			45,788
As Originally Reported [Member]
Cash flows from operating activities:
Net income (loss)			(226,596)
Adjustments to reconcile net income (loss) to net cash used in operating activities:
Stock-based compensation - related party			9,000
Amortization of debt discount			49,205
Amortization of original issue discount			1,347
Change in fair value of derivative liabilities			71,835
Gain (loss) on extinguishment of debt			271,735
Financing fees related to notes payable			31,858
Realized gain on sale of investments			(281,223)
Unrealized gain on investments			(61,111)
Changes in assets and liabilities:
Prepaid expenses and other current assets			2,500
Accrued interest receivable – related party
Accounts payable			4,484
Accrued expenses			(3,501)
Due to related party			(15,194)
Net cash used in operating activities			(145,661)
Cash flows from investing activities:
Net proceeds from the sale of investments			551,800
Increase in notes receivable – related party			(49,880)
Purchase of property and equipment			(281,757)
Net cash provided by investing activities			220,163
Cash flows from financing activities:
Net increase in cash			74,502
Cash, beginning of year			15,691
Cash, end of year			90,193
Supplemental disclosure of cash flow information:
Cash paid for interest
Cash paid for income taxes
Non-cash investing and financing activities:
Common shares issued for convertible notes payable			353,258
Common shares issued for due to related party			15,624
Common shares issued for cashless exercise of warrants
Debt discount for derivative liability			47,617
Accrued interest added to convertible notes payable			1,117
Settlement of derivative liabilities
Adjustments [Member]
Cash flows from operating activities:
Net income (loss)			313,716
Adjustments to reconcile net income (loss) to net cash used in operating activities:
Stock-based compensation - related party
Amortization of debt discount	[1]		4,137
Amortization of original issue discount
Change in fair value of derivative liabilities			(60,086)
Gain (loss) on extinguishment of debt	[1]		(276,410)
Financing fees related to notes payable
Realized gain on sale of investments
Unrealized gain on investments
Changes in assets and liabilities:
Prepaid expenses and other current assets
Accrued interest receivable – related party	[2]		(98)
Accounts payable
Accrued expenses	[3]		26,232
Due to related party	[4]		(7,491)
Net cash used in operating activities
Cash flows from investing activities:
Net proceeds from the sale of investments
Increase in notes receivable – related party
Purchase of property and equipment
Net cash provided by investing activities
Cash flows from financing activities:
Net increase in cash
Cash, beginning of year
Cash, end of year
Supplemental disclosure of cash flow information:
Cash paid for interest
Cash paid for income taxes
Non-cash investing and financing activities:
Common shares issued for convertible notes payable	[1]		(235,995)
Common shares issued for due to related party
Common shares issued for cashless exercise of warrants	[2]		188
Debt discount for derivative liability
Accrued interest added to convertible notes payable
Settlement of derivative liabilities	[1]		45,788
As Restated [Member]
Cash flows from operating activities:
Net income (loss)			87,120
Adjustments to reconcile net income (loss) to net cash used in operating activities:
Stock-based compensation - related party			9,000
Amortization of debt discount			53,342
Amortization of original issue discount			1,347
Change in fair value of derivative liabilities			11,749
Gain (loss) on extinguishment of debt			(4,675)
Financing fees related to notes payable			31,858
Realized gain on sale of investments			(281,223)
Unrealized gain on investments			(61,111)
Changes in assets and liabilities:
Prepaid expenses and other current assets			2,500
Accrued interest receivable – related party			(98)
Accounts payable			4,484
Accrued expenses			22,731
Due to related party			(22,685)
Net cash used in operating activities			(145,661)
Cash flows from investing activities:
Net proceeds from the sale of investments			551,800
Increase in notes receivable – related party			(49,880)
Purchase of property and equipment			(281,757)
Net cash provided by investing activities			220,163
Cash flows from financing activities:
Net increase in cash			74,502
Cash, beginning of year			15,691
Cash, end of year			90,193
Supplemental disclosure of cash flow information:
Cash paid for interest
Cash paid for income taxes
Non-cash investing and financing activities:
Common shares issued for convertible notes payable			117,263
Common shares issued for due to related party			15,624
Common shares issued for cashless exercise of warrants			188
Debt discount for derivative liability			47,617
Accrued interest added to convertible notes payable			1,117
Settlement of derivative liabilities			$ 45,788
[1]	(c) The Company engaged an outside consultant to revise derivative liabilities associated with convertible notes payable and to add derivative liabilities associated with warrants. The calculations were made for each issuance of new debt and warrants and for each conversion, exchange or exercise of debt and warrants. As a result, total derivative liabilities decreased, and modifications were made to the calculation of debt discount, interest expense for the amortization of debt discount, and change in fair value of derivative. In addition, convertible notes payable, net of discounts, decreased, interest expense decreased, and change in fair value of derivative liabilities decreased. Additionally, no loss on extinguishment of debt for note conversions was recorded, resulting in a decrease in the loss and an increase in additional paid-in capital.
[2]	(f) Disclosure added which was previously omitted.
[3]	(a) Accrued officer compensation was reclassified from accrued expenses to due to related party and accrued interest payable was increased.
[4]	(b) Accrued officer compensation was reclassified from accrued expenses to due to related party and subsequently reduced. Shareholder loans were offset by other payments and expenses and reduced.

SUBSEQUENT EVENTS (Details Narr

SUBSEQUENT EVENTS (Details Narrative) - USD ($)	Jan. 09, 2019	Dec. 31, 2018	Oct. 05, 2018	Sep. 30, 2018	Aug. 14, 2018	Jun. 30, 2018
Common stock, shares issued				9,774,103		8,964,103
Common stock value				$ 9,775		$ 8,965
Stock subscriptions payable				$ 60,000		$ 35,000
Consultant [Member]
Common stock, shares issued					100,000
Common stock value					$ 55,000
Subsequent Event [Member] | Consultant [Member]
Common stock, shares issued			100,000
Common stock value			$ 15,000
Subsequent Event [Member] | Series B Preferred Stock [Member]
Shares issued	3,500
Stock subscriptions payable	$ 35,000
Subsequent Event [Member] | Series B Preferred Stock [Member] | Asset Purchase Agreement [Member]
Preferred stock shares cancelled		2,000