Cover
Cover - shares | 9 Months Ended | |
Mar. 31, 2022 | May 23, 2022 | |
Cover [Abstract] | ||
Document Type | 10-Q | |
Amendment Flag | false | |
Document Quarterly Report | true | |
Document Transition Report | false | |
Document Period End Date | Mar. 31, 2022 | |
Document Fiscal Period Focus | Q3 | |
Document Fiscal Year Focus | 2022 | |
Current Fiscal Year End Date | --06-30 | |
Entity File Number | 333-197692 | |
Entity Registrant Name | STAR ALLIANCE INTERNATIONAL CORP. | |
Entity Central Index Key | 0001614556 | |
Entity Tax Identification Number | 37-1757067 | |
Entity Incorporation, State or Country Code | NV | |
Entity Address, Address Line One | 5743 Corsa Avenue | |
Entity Address, Address Line Two | Suite 218 | |
Entity Address, City or Town | Westlake Village | |
Entity Address, State or Province | CA | |
Entity Address, Postal Zip Code | 91362 | |
City Area Code | 833 | |
Local Phone Number | 443-7827 | |
Title of 12(b) Security | Common | |
Trading Symbol | STAL | |
Entity Current Reporting Status | No | |
Entity Interactive Data Current | No | |
Entity Filer Category | Non-accelerated Filer | |
Entity Small Business | true | |
Entity Emerging Growth Company | false | |
Entity Shell Company | false | |
Entity Common Stock, Shares Outstanding | 159,013,028 |
CONDENSED BALANCE SHEETS (Unaud
CONDENSED BALANCE SHEETS (Unaudited) - USD ($) | Mar. 31, 2022 | Jun. 30, 2021 |
Current assets: | ||
Cash | $ 171,233 | $ 6,789 |
Prepaids and other assets | 664,062 | 0 |
Prepaid stock for services | 2,898,229 | 0 |
Total current assets | 3,733,524 | 6,789 |
Property and equipment | 476,000 | 450,000 |
Mining claims | 57,532 | 57,532 |
Total other assets | 533,532 | 507,532 |
Total Assets | 4,267,056 | 514,321 |
Current liabilities: | ||
Accounts payable | 11,583 | 18,378 |
Accrued expenses | 26,528 | 12,888 |
Accrued compensation | 235,406 | 171,370 |
Notes payable | 500,804 | 467,380 |
Convertible note payable, net of discount of $173,780 | 226,220 | 0 |
Derivative liability | 650,113 | 0 |
Loans payable – related parties | 26,344 | 0 |
Note payable – former related party | 32,000 | 32,000 |
Due to former related party | 42,651 | 42,651 |
Total current liabilities | 1,751,649 | 744,667 |
Total liabilities | 1,751,649 | 744,667 |
COMMITMENTS AND CONTINGENCIES (see footnotes) | ||
Stockholders’ Equity (Deficit): | ||
Additional paid-in capital | 15,108,716 | 2,793,609 |
Common stock to be issued | 0 | 41,633 |
Stock subscription receivable | (160,000) | (20,000) |
Accumulated deficit | (12,593,705) | (3,172,791) |
Total stockholders’ equity (deficit) | 2,515,407 | (230,346) |
Total liabilities and stockholders’ deficit | 4,267,056 | 514,321 |
Preferred Stock [Member] | ||
Stockholders’ Equity (Deficit): | ||
Preferred Stock, Value, Issued | 0 | 0 |
Series A Preferred Stock [Member] | ||
Stockholders’ Equity (Deficit): | ||
Preferred Stock, Value, Issued | 1,000 | 1,000 |
Series B Preferred Stock [Member] | ||
Stockholders’ Equity (Deficit): | ||
Preferred Stock, Value, Issued | 1,883 | 1,883 |
Series C Preferred Stock [Member] | ||
Stockholders’ Equity (Deficit): | ||
Preferred Stock, Value, Issued | $ 157,513 | $ 124,320 |
CONDENSED BALANCE SHEETS (Una_2
CONDENSED BALANCE SHEETS (Unaudited) (Parenthetical) - USD ($) | Mar. 31, 2022 | Jun. 30, 2021 |
Discount | $ 173,780 | $ 173,780 |
Preferred stock, par value | $ 0.001 | $ 0.001 |
Preferred stock, shares authorized | 25,000,000 | 25,000,000 |
Common stock, par value | $ 0.001 | $ 0.001 |
Common stock, shares authorized | 175,000,000 | 175,000,000 |
Common stock, shares issued | 157,513,028 | 124,319,584 |
Common stock, shares outstanding | 157,513,028 | 124,319,584 |
Series A Preferred Stock [Member] | ||
Preferred stock, par value | $ 0.001 | $ 0.001 |
Preferred stock, shares authorized | 1,000,000 | 1,000,000 |
Preferred stock, shares issued | 1,000,000 | 1,000,000 |
Preferred stock, shares outstanding | 1,000,000 | 1,000,000 |
Series B Preferred Stock [Member] | ||
Preferred stock, par value | $ 0.001 | $ 0.001 |
Preferred stock, shares authorized | 1,900,000 | 1,900,000 |
Preferred stock, shares issued | 1,833,000 | 1,833,000 |
Preferred stock, shares outstanding | 1,833,000 | 1,833,000 |
Series C Preferred Stock [Member] | ||
Preferred stock, par value | $ 1 | $ 1 |
Preferred stock, shares authorized | 1,000,000 | 1,000,000 |
Preferred stock, shares issued | 0 | 0 |
Preferred stock, shares outstanding | 0 | 0 |
CONDENSED STATEMENTS OF OPERATI
CONDENSED STATEMENTS OF OPERATIONS (Unaudited) - USD ($) | 3 Months Ended | 9 Months Ended | ||
Mar. 31, 2022 | Mar. 31, 2021 | Mar. 31, 2022 | Mar. 31, 2021 | |
Operating expenses: | ||||
General and administrative | $ 189,558 | $ 18,212 | $ 1,237,958 | $ 61,011 |
General and administrative – related party | 10,000 | 5,000 | 13,000 | 9,000 |
Mine development | 788,500 | 0 | 788,500 | 0 |
Professional fees | 93,500 | 17,839 | 106,520 | 46,029 |
Consulting | 3,827,475 | 5,000 | 4,015,837 | 38,350 |
Director compensation | 1,469,000 | 30,000 | 1,529,000 | 60,000 |
Officer compensation | 817,500 | 45,000 | 907,500 | 110,000 |
Total operating expenses | 7,195,533 | 121,051 | 8,598,315 | 324,390 |
Loss from operations | (7,195,533) | (121,051) | (8,598,315) | (324,390) |
Other expense: | ||||
Interest expense | (6,780) | (882) | (8,844) | (9,918) |
Change in fair value of derivative | (470,635) | 0 | (470,635) | 0 |
Loss on conversion of debt | (343,120) | 0 | (343,120) | 0 |
Loss on conversion of accrued salary | 0 | 0 | 0 | (46,200) |
Gain on forgiveness of debt | 0 | 0 | 0 | 3,870 |
Total other expense | (820,535) | (882) | (822,599) | (52,248) |
Loss before provision for income taxes | (8,016,068) | (121,933) | (9,420,914) | (376,638) |
Provision for income taxes | 0 | 0 | 0 | 0 |
Net loss | $ (8,016,068) | $ (121,933) | $ (9,420,914) | $ (376,638) |
Net loss per common share – basic | $ (0.05) | $ 0 | $ (0.07) | $ 0 |
Net loss per common share – diluted | $ (0.05) | $ 0 | $ (0.07) | $ 0 |
Weighted average common shares outstanding – basic | 152,311,461 | 114,625,671 | 140,588,063 | 112,164,693 |
Weighted average common shares outstanding – diluted | 152,311,461 | 114,625,671 | 140,588,063 | 112,164,693 |
CONDENSED STATEMENTS OF CHANGES
CONDENSED STATEMENTS OF CHANGES IN STOCKHOLDERS DEFICIT (Unaudited) - USD ($) | Series A Preferred Stocks [Member] | Series B Preferred Stocks [Member] | Common Stock [Member] | Additional Paid-in Capital [Member] | Common Stock To Be Issued [Member] | Stock Subscription Receivable [Member] | Retained Earnings [Member] | Total |
Beginning balance, value at Jun. 30, 2020 | $ 1,883 | $ 107,314 | $ 2,382,859 | $ 8,633 | $ (9,900) | $ (2,669,774) | $ (178,985) | |
Beginning balance, shares at Jun. 30, 2020 | 1,833,000 | 107,313,334 | ||||||
Stock issued for services | $ 1,250 | 23,750 | 25,000 | |||||
Stock issued for services, shares | 1,250,000 | |||||||
Stock issued for debt | $ 1,375 | 128,325 | 129,700 | |||||
Stock issued for debt, shares | 1,375,000 | |||||||
Stock sold for cash | $ 1,555 | 18,445 | (2,000) | 9,900 | 27,900 | |||
Stock sold for cash, shares | 1,555,000 | |||||||
Stock issued for accrued officer compensation | $ 1,000 | 67,556 | 68,556 | |||||
Stock issued for accrued officer compensation, shares | 1,000,000 | |||||||
Net loss | (186,417) | (186,417) | ||||||
Ending balance, value at Sep. 30, 2020 | $ 1,000 | $ 1,883 | $ 111,494 | 2,620,935 | 6,633 | (2,856,191) | (114,246) | |
Ending balance, shares at Sep. 30, 2020 | 1,000,000 | 1,833,000 | 111,493,334 | |||||
Beginning balance, value at Jun. 30, 2020 | $ 1,883 | $ 107,314 | 2,382,859 | 8,633 | (9,900) | (2,669,774) | (178,985) | |
Beginning balance, shares at Jun. 30, 2020 | 1,833,000 | 107,313,334 | ||||||
Ending balance, value at Mar. 31, 2021 | $ 1,000 | $ 1,883 | $ 119,300 | 2,697,629 | 6,633 | (20,000) | (3,046,412) | (239,967) |
Ending balance, shares at Mar. 31, 2021 | 1,000,000 | 1,833,000 | 119,299,584 | |||||
Beginning balance, value at Jun. 30, 2020 | $ 1,883 | $ 107,314 | 2,382,859 | 8,633 | (9,900) | (2,669,774) | (178,985) | |
Beginning balance, shares at Jun. 30, 2020 | 1,833,000 | 107,313,334 | ||||||
Ending balance, value at Jun. 30, 2021 | $ 1,000 | $ 1,883 | $ 124,320 | 2,793,609 | 41,633 | (20,000) | (3,172,791) | (230,346) |
Ending balance, shares at Jun. 30, 2021 | 1,000,000 | 1,833,000 | 124,319,584 | |||||
Beginning balance, value at Sep. 30, 2020 | $ 1,000 | $ 1,883 | $ 111,494 | 2,620,935 | 6,633 | (2,856,191) | (114,246) | |
Beginning balance, shares at Sep. 30, 2020 | 1,000,000 | 1,833,000 | 111,493,334 | |||||
Stock sold for cash | $ 1,806 | 22,694 | 24,500 | |||||
Stock sold for cash, shares | 1,806,250 | |||||||
Net loss | (68,288) | (68,288) | ||||||
Ending balance, value at Dec. 31, 2020 | $ 1,000 | $ 1,883 | $ 113,300 | 2,643,629 | 6,633 | (2,924,479) | (158,034) | |
Ending balance, shares at Dec. 31, 2020 | 1,000,000 | 1,833,000 | 113,299,584 | |||||
Stock sold for cash | $ 6,000 | 54,000 | (20,000) | 40,000 | ||||
Stock sold for cash, shares | 6,000,000 | |||||||
Net loss | (121,933) | (121,933) | ||||||
Ending balance, value at Mar. 31, 2021 | $ 1,000 | $ 1,883 | $ 119,300 | 2,697,629 | 6,633 | (20,000) | (3,046,412) | (239,967) |
Ending balance, shares at Mar. 31, 2021 | 1,000,000 | 1,833,000 | 119,299,584 | |||||
Beginning balance, value at Jun. 30, 2021 | $ 1,000 | $ 1,883 | $ 124,320 | 2,793,609 | 41,633 | (20,000) | (3,172,791) | (230,346) |
Beginning balance, shares at Jun. 30, 2021 | 1,000,000 | 1,833,000 | 124,319,584 | |||||
Stock issued for services | $ 4 | 19,996 | 20,000 | |||||
Stock issued for services, shares | 4,444 | |||||||
Stock sold for cash | $ 10,790 | 574,210 | (35,000) | (550,000) | ||||
Stock sold for cash, shares | 10,790,000 | |||||||
Net loss | (88,444) | (88,444) | ||||||
Ending balance, value at Sep. 30, 2021 | $ 1,000 | $ 1,883 | $ 135,114 | 3,387,815 | 6,633 | (570,000) | (3,261,235) | (298,790) |
Ending balance, shares at Sep. 30, 2021 | 1,000,000 | 1,833,000 | 135,114,028 | |||||
Beginning balance, value at Jun. 30, 2021 | $ 1,000 | $ 1,883 | $ 124,320 | 2,793,609 | 41,633 | (20,000) | (3,172,791) | (230,346) |
Beginning balance, shares at Jun. 30, 2021 | 1,000,000 | 1,833,000 | 124,319,584 | |||||
Ending balance, value at Mar. 31, 2022 | $ 1,000 | $ 1,883 | $ 157,513 | 15,108,716 | (160,000) | (12,593,705) | 2,515,407 | |
Ending balance, shares at Mar. 31, 2022 | 1,000,000 | 1,833,000 | 157,513,028 | |||||
Beginning balance, value at Sep. 30, 2021 | $ 1,000 | $ 1,883 | $ 135,114 | 3,387,815 | 6,633 | (570,000) | (3,261,235) | (298,790) |
Beginning balance, shares at Sep. 30, 2021 | 1,000,000 | 1,833,000 | 135,114,028 | |||||
Stock issued for services | $ 2,562 | 3,951,738 | 2,000,000 | 5,954,300 | ||||
Stock issued for services, shares | 2,562,000 | |||||||
Stock sold for cash | $ 300 | 29,700 | 19,000 | (10,000) | 39,000 | |||
Stock sold for cash, shares | 300,000 | |||||||
Cash not collectible | (520,000) | 520,000 | ||||||
Net loss | (1,316,402) | (1,316,402) | ||||||
Ending balance, value at Dec. 31, 2021 | $ 1,000 | $ 1,883 | $ 137,976 | 6,849,253 | 2,025,633 | (60,000) | (4,577,637) | 4,378,108 |
Ending balance, shares at Dec. 31, 2021 | 1,000,000 | 1,833,000 | 137,976,028 | |||||
Stock issued for services | $ 8,100 | 6,414,600 | (2,003,000) | 4,419,700 | ||||
Stock issued for services, shares | 8,100,000 | |||||||
Stock issued for debt | $ 672 | 394,628 | 395,300 | |||||
Stock issued for debt, shares | 672,000 | |||||||
Stock issued for investment | $ 200 | 299,800 | 300,000 | |||||
Stock issued for investment, shares | 200,000 | |||||||
Stock sold for cash | $ 10,565 | 1,150,435 | (22,633) | (100,000) | 1,038,367 | |||
Stock sold for cash, shares | 10,565,000 | |||||||
Net loss | (8,016,068) | (8,016,068) | ||||||
Ending balance, value at Mar. 31, 2022 | $ 1,000 | $ 1,883 | $ 157,513 | $ 15,108,716 | $ (160,000) | $ (12,593,705) | $ 2,515,407 | |
Ending balance, shares at Mar. 31, 2022 | 1,000,000 | 1,833,000 | 157,513,028 |
CONDENSED STATEMENTS OF CASH FL
CONDENSED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($) | 3 Months Ended | 9 Months Ended | 12 Months Ended | ||
Mar. 31, 2022 | Mar. 31, 2021 | Mar. 31, 2022 | Mar. 31, 2021 | Jun. 30, 2021 | |
CASH FLOWS FROM OPERATING ACTIVITIES: | |||||
Net loss | $ (8,016,068) | $ (121,933) | $ (9,420,914) | $ (376,638) | |
Adjustments to reconcile net loss to net cash used in operating activities: | |||||
Common stock issued for services | 7,495,770 | 25,000 | |||
Loss on conversion of debt | 343,120 | 46,200 | |||
Change in fair value of derivative | 470,635 | 0 | 470,635 | 0 | |
Debt discount amortization | 5,698 | 0 | |||
Gain of forgiveness of debt | 0 | (3,870) | |||
Changes in assets and liabilities: | |||||
Prepaids and other assets | (364,061) | 0 | |||
Accounts payable | (6,795) | (30,182) | |||
Accrued expenses | 13,640 | 7,918 | |||
Accrued compensation | 64,036 | 114,598 | |||
Net cash used in operating activities | (1,398,871) | (216,974) | |||
CASH FLOWS FROM INVESTING ACTIVITIES: | |||||
Purchase of automobile | (26,000) | 0 | |||
Net cash used in investing activities | (26,000) | 0 | |||
CASH FLOWS FROM FINANCING ACTIVITIES: | |||||
Proceeds of borrowings from a related party | 6,344 | 23,932 | |||
Repayment to related party | 0 | (20,473) | |||
Proceeds from the sale of common stock | 1,084,000 | 82,500 | |||
Proceeds from convertible note payable | 400,000 | 0 | |||
Proceeds from notes payable | 118,971 | 213,500 | |||
Payment on notes payable | (20,000) | (98,010) | |||
Net cash provided by financing activities | 1,589,315 | 201,449 | |||
Net change in cash | 164,444 | (15,525) | |||
Cash at the beginning of period | 6,789 | 20,058 | $ 20,058 | ||
Cash at the end of period | $ 171,233 | $ 4,533 | 171,233 | 4,533 | $ 6,789 |
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION: | |||||
Interest paid | 0 | 0 | |||
Income taxes paid | 0 | 0 | |||
NON-CASH TRANSACTIONS: | |||||
Conversion of debt | 395,300 | 83,500 | |||
Common stock issued for investment | 300,000 | 0 | |||
Common stock issued for prepaid services | $ 4,755,104 | $ 0 |
NATURE OF BUSINESS
NATURE OF BUSINESS | 9 Months Ended |
Mar. 31, 2022 | |
Organization, Consolidation and Presentation of Financial Statements [Abstract] | |
NATURE OF BUSINESS | NOTE 1 – NATURE OF BUSINESS Star Alliance International Corp. (“the Company”, “we”, “us”) was originally incorporated with the name Asteriko Corp. in the State of Nevada on April 17, 2014 under the laws of the state of Nevada, for the purpose of acquiring and developing gold mining as well as certain other mining properties worldwide and is now acquiring new environmentally safe technology to extract gold and other rare earth minerals form oxide rock. |
SIGNIFICANT AND CRITICAL ACCOUN
SIGNIFICANT AND CRITICAL ACCOUNTING POLICIES AND PRACTICES | 9 Months Ended |
Mar. 31, 2022 | |
Accounting Policies [Abstract] | |
SIGNIFICANT AND CRITICAL ACCOUNTING POLICIES AND PRACTICES | NOTE 2 – SIGNIFICANT AND CRITICAL ACCOUNTING POLICIES AND PRACTICES Basis of Presentation The accompanying unaudited interim financial statements of the Company have been prepared in accordance with accounting principles generally accepted in the United States of America and the rules of the Securities and Exchange Commission ("SEC"), and should be read in conjunction with the audited financial statements and notes thereto contained in the Company's latest Annual Report on Form 10-K filed with the SEC. In the opinion of management, all adjustments, consisting of normal recurring adjustments, necessary for a fair presentation of the results of operations for the interim periods presented have been reflected herein. The results of operations for interim periods are not necessarily indicative of operations for the full year. Notes to the financial statements which would substantially duplicate the disclosures contained in the audited financial statements for the most recent fiscal year, as reported in the Form 10-K for the fiscal year ended June 30, 2021, have been omitted. 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 revenues and expenses during the reporting period. Actual results could differ from those estimates. Fair Value of Financial Instruments The Company follows paragraph 825-10-50-10 of the FASB Accounting Standards Codification for disclosures about fair value of its financial instruments and paragraph 820-10-35-37 of the FASB Accounting Standards Codification (“Paragraph 820-10-35-37”) to measure the fair value of its financial instruments. Paragraph 820-10-35-37 establishes a framework for measuring fair value in accounting principles generally accepted in the United States of America (U.S. GAAP), and expands disclosures about fair value measurements. To increase consistency and comparability in fair value measurements and related disclosures, Paragraph 820-10-35-37 establishes a fair value hierarchy which prioritizes the inputs to valuation techniques used to measure fair value into three broad levels. The fair value hierarchy gives the highest priority to quoted prices (unadjusted) in active markets for identical assets or liabilities and the lowest priority to unobservable inputs. The three levels of fair value hierarchy defined by Paragraph 820-10-35-37 are described below: Level 1: Quoted market prices available in active markets for identical assets or liabilities as of the reporting date. Level 2: Pricing inputs other than quoted prices in active markets included in Level 1, which are either directly or indirectly observable as of the reporting date. Level 3: Pricing inputs that are generally unobservable inputs and not corroborated by market data. The carrying amount of the Company’s financial assets and liabilities, such as cash, prepaid expenses and accrued expenses approximate their fair value because of the short maturity of those instruments. The Company’s notes payable approximates the fair value of such instruments as the notes bear interest rates that are consistent with current market rates. The following table classifies the Company’s liabilities measured at fair value on a recurring basis into the fair value hierarchy as of March 31, 2022: March 31, 2022: Schedule Of Fair Value, Liabilities Measured on Recurring Basis Description Level 1 Level 2 Level 3 Derivative $ – $ – $ 650,113 Total $ – $ – $ 650,113 |
GOING CONCERN
GOING CONCERN | 9 Months Ended |
Mar. 31, 2022 | |
Organization, Consolidation and Presentation of Financial Statements [Abstract] | |
GOING CONCERN | NOTE 3 – GOING CONCERN The unaudited accompanying financial statements have been prepared assuming that the Company will continue as a going concern, which contemplates continuity of operations, realization of assets, and liquidation of liabilities in the normal course of business. As shown in the accompanying unaudited financial statements, the Company has an accumulated deficit of $ 12,593,705 9,420,914 1,398,871 The Company is attempting to commence operations and generate sufficient revenue; however, the Company’s cash position may not be sufficient to support its daily operations. While the Company believes in the viability of its strategy to commence operations and generate sufficient revenue and in its ability to raise additional funds, there can be no assurances to that effect. The ability of the Company to continue as a going concern is dependent upon its ability to further implement its business plan and generate sufficient revenue and its ability to raise additional funds. The financial statements do not include any adjustments relating to the recoverability and classification of asset carrying amounts or the amount and classification of liabilities that may result should the Company be unable to continue as a going concern. |
ACQUISITION
ACQUISITION | 9 Months Ended |
Mar. 31, 2022 | |
Business Combination and Asset Acquisition [Abstract] | |
ACQUISITION | NOTE 4 – ACQUISITION On August 13, 2019, The Company closed an Asset Purchase Agreement (the “APA”) with Troy Mining Corporation (“Troy”). Under the APA, the company acquired 78 4,800 1,883,000 500,000 Under the Purchase Note, we paid $50,000 at the time of the closing, and are required to pay an additional $50,000 within sixty days of the closing, and $25,000 every other month thereafter, with the entire remaining amount due no later than March 31, 2020. In the event of default under the Purchase Note, all assets acquired under the APA will be forfeited back to Troy. We are current on all the terms of the agreement. On October 9, 2019, a contract extension was agreed between Star Alliance International Corporation and Troy Mining Corporation. The agreement gives the Company 150 days to file an S-1 registration statement and obtain approval for the shares that are to be issued to the Troy shareholders to become free trading. The S-1 registration was filed on August 14, 2020. On July 14, 2020 a contract extension was agreed between Star Alliance International Corporation and Troy Mining Corporation. The agreement provides for a sixty-day extension on the loan agreement with Troy mining Corporation and also an extension to file the S-1 registration. On February 16, 2021, a contract extension for ninety (90) days was signed between Troy Mining Corporation and Star Alliance International Corporation. A payment of $ 40,000 330,000 On October 21, 2021, a contract extension for ninety (90) days was signed between Troy Mining Corporation and Star Alliance International Corporation. A payment of $ 20,000 310,000 On January 2, 2022 The Company acquired a 51% interest in Compania Minera Metalurgica Centro Americana S.A. (“Commsa”) which owns 5 gold mines in Honduras. The purchase price is $1,000,000 in cash and 5,000,000 in restricted shares of common stock. In addition, the Company has agreed to provide up to $7,500,000 working capital to expand the mining operations. |
RELATED PARTY TRANSACTIONS
RELATED PARTY TRANSACTIONS | 9 Months Ended |
Mar. 31, 2022 | |
Related Party Transactions [Abstract] | |
RELATED PARTY TRANSACTIONS | NOTE 5 – RELATED PARTY TRANSACTIONS On January 1, 2021 the employment agreements for Richard Carey and Anthony Anish were updated to include salaries of $ 180,000 120,000 114,862 128,778 48,628 126,778 60,000 Mr. Carey is using his personal office space at no cost to the Company. As of December 31, 2021, the Company owes Mr. Anish $ 4,550 As of December 31, 2021, the Company owes Mr. Carey $ 20,000 On January 10, 2022, the Company issued 1,000,000 1.40 1,400,000 On January 24, 2022, the Board of Directors appointed Mr. Weverson Correia as the Chief Executive Officer and a Director of the Company. Mr. Correia was issued 500,000 1.55 772,500 |
NOTES PAYABLE
NOTES PAYABLE | 9 Months Ended |
Mar. 31, 2022 | |
Debt Disclosure [Abstract] | |
NOTES PAYABLE | NOTE 6 – NOTES PAYABLE As of December 31, 2021, and June 30, 2021, the Company owed Kok Chee Lee, the former CEO and Director of the Company, $ 42,651 42,651 On June 1, 2018, the Company executed a promissory note in the amount of $ 32,000 5 December 1, 2018 6,159 4,949 On June 11, 2019, the company executed a promissory note with Troy for $ 500,000 50,000 35,000 20,000 310,000 On June 26, 2020, an individual loaned the Company $ 25,000 6,000 600,000 14,000 1,400,000 25,000 10,734 As of March 31, 2022, the Company owes various other individuals and entities a total of $ 190,804 |
CONVERTIBLE NOTE
CONVERTIBLE NOTE | 9 Months Ended |
Mar. 31, 2022 | |
Convertible Note | |
CONVERTIBLE NOTE | NOTE 6 - CONVERTIBLE NOTE On March 28, 2022, we received short term financing from a private investor under a 10% Fixed Convertible Secured Promissory Note in the principal amount of $ 400,000 A summary of the activity of the derivative liability for the notes above is as follows: Schedule of derivative liabilities Balance at June 30, 2021 $ – Increase to derivative due to new issuances 179,478 Derivative loss due to mark to market adjustment 470,635 Balance at March 31, 2022 $ 650,113 A summary of quantitative information about significant unobservable inputs (Level 3 inputs) used in measuring the Company’s derivative liability that are categorized within Level 3 of the fair value hierarchy as of March 31, 2022 is as follows: Schedule of fair value assumptions Inputs March 31, Initial Stock price $ .49 $ .42 Conversion price $ .21 $ 0.2995 Volatility (annual) 232.22 256.36 Risk-free rate . 52 . 59 Dividend rate – – Years to maturity .33 .34 |
PREFERRED STOCK
PREFERRED STOCK | 9 Months Ended |
Mar. 31, 2022 | |
Equity [Abstract] | |
PREFERRED STOCK | NOTE 7 – PREFERRED STOCK Of the 25,000,000 0.001 1,000,000 1,900,000 Series A Preferred Stock Each Share of Series A preferred stock shall have 500 votes per share and each share can be converted into 500 shares of common stock. The holders of the Series A preferred stock are not entitled to dividends. On July 2, 2020, the Board granted all 1,000,000 68,556 Series B Preferred Stock Only one person or entity, is entitled to be designated as the owner of all of the Series B Preferred Stock (the “Holder”), in whose name the initial certificates representing the Series B Preferred Stock shall be issued. Any transfer of the Series B Preferred Stock to a different Holder must be approved in advance by the Corporation; provided, however, the Holder shall have the right to transfer the Series B Preferred Stock, or any portion thereof, to any affiliate of Holder or nominee of Holder, without the approval of the Corporation. Each share of Preferred Stock shall have one vote per share. Holder is not entitled to dividends or distributions and each share of Series B Preferred Stock shall be convertible at the rate of two Common Shares for each one B Preferred stock. In conjunction with the APA with Troy, the company issued 1,883,000 7,532 3,666,000 On October 9, 2019, the parties have agreed to extend the date for filing the registration statement relating to the preferred shares of the Company to be issued to the Troy shareholders and that would in turn extend the date that the shares would become free trading. This extension will be for 150 days for filing the registration statement and obtaining approval for the shares to become free trading. All the remaining terms included in the contract will remain the same. Series C Preferred Stock One Million shares of Series C Preferred Stock at $1.00 per share was authorized on March 30, 2022. No shares were issued prior to March 31, 2022. Series C Preferred shares have no voting rights on any matters with the exception of any matters relating to the Series C Preferred stock. In any vote on the preferred stock the shareholders have a one vote per share. |
COMMON STOCK
COMMON STOCK | 9 Months Ended |
Mar. 31, 2022 | |
Equity [Abstract] | |
COMMON STOCK | NOTE 8 – COMMON STOCK During the year ended June 30, 2021, the Company granted 1,250,000 25,000 During the year ended June 30, 2021, the Company issued 1,375,000 46,200 During the year ended June 30, 2021, the Company sold 9,381,000 129,400 20,000 41,633 During the six months ended December 31, 2021, the Company granted 4,444 20,000 20,000 During the six months ended December 31, 2021, the Company granted 4,000,000 2,000,000 2,000,000 During the six months ended December 31, 2021, the Company granted 10,000 11,200 During the six months ended December 31, 2021, the Company granted 52,000 80,600 During the six months ended December 31, 2021, the Company granted 1,500,000 2,317,500 2,317,500 During the six months ended December 31, 2021, the Company granted 500,000 775,500 During the three months ended March 31, 2022, the Company granted 6,600,000 2,980,700 During the three months ended March 31, 2022, the Company issued 300,000 shares of common stock in conversion of $52,180 of debt. A loss of $343,120 was recognized on the conversion. During the nine months ended March 31, 2022, the Company sold 16,885,000 1,634,000 160,000 4,770,000 |
SUBSEQUENT EVENTS
SUBSEQUENT EVENTS | 9 Months Ended |
Mar. 31, 2022 | |
Subsequent Events [Abstract] | |
SUBSEQUENT EVENTS | NOTE 9 – SUBSEQUENT EVENTS Management has evaluated subsequent events pursuant to the requirements of ASC Topic 855, from the balance sheet date through the date the financial statements were available to be issued and has determined that no material subsequent events exist other than the following. 1/. In April, 2022 Star paid the remaining balance due for purchase of the assets and mining leases of the Troy Mine. 2/. In April, 2022 there were changes to the Board of Director. Bryan Cappeilli was appointed to the Board and Alexei Tchernov was removed from the Board. 3/. In April 2022 Star issued 153,750 Series C Preferred shares at $1.00 per share in a convertible note that is due for repayment 180 days from the date of issuance. These shares may be converted into common stock of Star or the note can be paid in full with interest at 25%. 3/. In May 2022, Star acquired 51% of NSM USA, a Wyoming corporation that owns the rights to 4 lithium mines located in Africa. Star has agreed to invest $2 million to pay for equipment and some infrastructure to speed up the mining process. 4/. In May 2022, Star acquired 51% of NGM USA, a Wyoming corporation that owns the rights to 3 Gold mines located in Africa. Star has agreed to invest $2 million to pay for equipment and some infrastructure to speed up the mining process. 5/. In May 2022, Star completed its due diligence on the Genesis, gold extraction process and is now moving forward to close the acquisition of 51% of assets of the Guatemala corporation that owns the technology |
SIGNIFICANT TRANSACTIONS
SIGNIFICANT TRANSACTIONS | 9 Months Ended |
Mar. 31, 2022 | |
Significant Transactions | |
SIGNIFICANT TRANSACTIONS | NOTE 10 – SIGNIFICANT TRANSACTIONS On December 15, 2021, the Company signed a definitive agreement to purchase 51% of Compania Minera Metalurgica Centro Americana SA. (“Commsa”). For $ 1,000,000 5,000,000 7,500,000 This project, that runs along a 12.5 mile stretch of the Rio Jalan River, is a peaceful agrarian area, with only farmers and ranchers in the nearby five villages. The environmental licenses have been obtained and exploration is ongoing. The mines are expected to be producing gold in the second quarter of 2022 and will be expanded during the year. Gold resources are estimated to be in excess of 1 million oz. This estimate came from a limited appraisal of the area in which the mines are located. The environmental licenses have been obtained and exploration is ongoing. The mines will be producing gold early in 2022 and will be expanded early next year. Local small mining operations are producing a minimum of 250 to 300 oz of gold per site per month while losing approximately 50% of the recoverable gold particles. Our expanded operations, using modern equipment and our new Genesis program, should result in up to a 98% rate of recoverable gold, leading to significantly higher quantities of gold per site. Upon close, STAR will, once mining operations begin, start to generate significant revenues and of utmost importance the mine will be able to gain all the benefits of our Green Environmentally Safe Gold resources are in excess of 1 million oz. This estimate came from a limited appraisal of the area in which the mines are located. |
SIGNIFICANT AND CRITICAL ACCO_2
SIGNIFICANT AND CRITICAL ACCOUNTING POLICIES AND PRACTICES (Policies) | 9 Months Ended |
Mar. 31, 2022 | |
Accounting Policies [Abstract] | |
Basis of Presentation | Basis of Presentation The accompanying unaudited interim financial statements of the Company have been prepared in accordance with accounting principles generally accepted in the United States of America and the rules of the Securities and Exchange Commission ("SEC"), and should be read in conjunction with the audited financial statements and notes thereto contained in the Company's latest Annual Report on Form 10-K filed with the SEC. In the opinion of management, all adjustments, consisting of normal recurring adjustments, necessary for a fair presentation of the results of operations for the interim periods presented have been reflected herein. The results of operations for interim periods are not necessarily indicative of operations for the full year. Notes to the financial statements which would substantially duplicate the disclosures contained in the audited financial statements for the most recent fiscal year, as reported in the Form 10-K for the fiscal year ended June 30, 2021, have been omitted. |
Use of Estimates | 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 revenues and expenses during the reporting period. Actual results could differ from those estimates. |
Fair Value of Financial Instruments | Fair Value of Financial Instruments The Company follows paragraph 825-10-50-10 of the FASB Accounting Standards Codification for disclosures about fair value of its financial instruments and paragraph 820-10-35-37 of the FASB Accounting Standards Codification (“Paragraph 820-10-35-37”) to measure the fair value of its financial instruments. Paragraph 820-10-35-37 establishes a framework for measuring fair value in accounting principles generally accepted in the United States of America (U.S. GAAP), and expands disclosures about fair value measurements. To increase consistency and comparability in fair value measurements and related disclosures, Paragraph 820-10-35-37 establishes a fair value hierarchy which prioritizes the inputs to valuation techniques used to measure fair value into three broad levels. The fair value hierarchy gives the highest priority to quoted prices (unadjusted) in active markets for identical assets or liabilities and the lowest priority to unobservable inputs. The three levels of fair value hierarchy defined by Paragraph 820-10-35-37 are described below: Level 1: Quoted market prices available in active markets for identical assets or liabilities as of the reporting date. Level 2: Pricing inputs other than quoted prices in active markets included in Level 1, which are either directly or indirectly observable as of the reporting date. Level 3: Pricing inputs that are generally unobservable inputs and not corroborated by market data. The carrying amount of the Company’s financial assets and liabilities, such as cash, prepaid expenses and accrued expenses approximate their fair value because of the short maturity of those instruments. The Company’s notes payable approximates the fair value of such instruments as the notes bear interest rates that are consistent with current market rates. The following table classifies the Company’s liabilities measured at fair value on a recurring basis into the fair value hierarchy as of March 31, 2022: March 31, 2022: Schedule Of Fair Value, Liabilities Measured on Recurring Basis Description Level 1 Level 2 Level 3 Derivative $ – $ – $ 650,113 Total $ – $ – $ 650,113 |
SIGNIFICANT AND CRITICAL ACCO_3
SIGNIFICANT AND CRITICAL ACCOUNTING POLICIES AND PRACTICES (Tables) | 9 Months Ended |
Mar. 31, 2022 | |
Accounting Policies [Abstract] | |
Schedule Of Fair Value, Liabilities Measured on Recurring Basis | Schedule Of Fair Value, Liabilities Measured on Recurring Basis Description Level 1 Level 2 Level 3 Derivative $ – $ – $ 650,113 Total $ – $ – $ 650,113 |
CONVERTIBLE NOTE (Tables)
CONVERTIBLE NOTE (Tables) | 9 Months Ended |
Mar. 31, 2022 | |
Convertible Note | |
Schedule of derivative liabilities | Schedule of derivative liabilities Balance at June 30, 2021 $ – Increase to derivative due to new issuances 179,478 Derivative loss due to mark to market adjustment 470,635 Balance at March 31, 2022 $ 650,113 |
Schedule of fair value assumptions | Schedule of fair value assumptions Inputs March 31, Initial Stock price $ .49 $ .42 Conversion price $ .21 $ 0.2995 Volatility (annual) 232.22 256.36 Risk-free rate . 52 . 59 Dividend rate – – Years to maturity .33 .34 |
SIGNIFICANT AND CRITICAL ACCO_4
SIGNIFICANT AND CRITICAL ACCOUNTING POLICIES AND PRACTICES (Details) | Mar. 31, 2022USD ($) |
Fair Value, Inputs, Level 1 [Member] | |
Defined Benefit Plan Disclosure [Line Items] | |
Derivative | $ 0 |
Fair Value, Inputs, Level 1 [Member] | Derivative [Member] | |
Defined Benefit Plan Disclosure [Line Items] | |
Derivative | 0 |
Fair Value, Inputs, Level 2 [Member] | |
Defined Benefit Plan Disclosure [Line Items] | |
Derivative | 0 |
Fair Value, Inputs, Level 2 [Member] | Derivative [Member] | |
Defined Benefit Plan Disclosure [Line Items] | |
Derivative | 0 |
Fair Value, Inputs, Level 3 [Member] | |
Defined Benefit Plan Disclosure [Line Items] | |
Derivative | 650,113 |
Fair Value, Inputs, Level 3 [Member] | Derivative [Member] | |
Defined Benefit Plan Disclosure [Line Items] | |
Derivative | $ 650,113 |
GOING CONCERN (Details Narrativ
GOING CONCERN (Details Narrative) - USD ($) | 3 Months Ended | 9 Months Ended | |||
Mar. 31, 2022 | Mar. 31, 2021 | Mar. 31, 2022 | Mar. 31, 2021 | Jun. 30, 2021 | |
Organization, Consolidation and Presentation of Financial Statements [Abstract] | |||||
Accumulated deficit | $ 12,593,705 | $ 12,593,705 | $ 3,172,791 | ||
Net loss | $ 8,016,068 | $ 121,933 | 9,420,914 | $ 376,638 | |
Net cash used in operating activities | $ 1,398,871 | $ 216,974 |
ACQUISITION (Details Narrative)
ACQUISITION (Details Narrative) | Oct. 21, 2021USD ($) | Feb. 16, 2021USD ($) | Aug. 13, 2019USD ($)Integerashares | Mar. 31, 2022USD ($) |
Troy [Member] | ||||
Business Acquisition [Line Items] | ||||
Note Payable | $ 310,000 | |||
Asset Purchase Agreement [Member] | Series B Preferred Stock [Member] | ||||
Business Acquisition [Line Items] | ||||
Stock issued for acquisition, shares | shares | 1,883,000 | |||
Asset Purchase Agreement [Member] | Troy [Member] | ||||
Business Acquisition [Line Items] | ||||
Number of mining claims | Integer | 78 | |||
Acreage of mining claims | a | 4,800 | |||
Note payable issued | $ 500,000 | |||
Payment for acquisition | $ 20,000 | $ 40,000 | ||
Note Payable | $ 310,000 | $ 330,000 |
RELATED PARTY TRANSACTIONS (Det
RELATED PARTY TRANSACTIONS (Details Narrative) - USD ($) | Jan. 10, 2022 | Mar. 31, 2022 | Dec. 16, 2021 | Jun. 30, 2021 | Jan. 10, 2020 |
Related Party Transaction [Line Items] | |||||
Common stock shares issued | 157,513,028 | 124,319,584 | |||
common stock value per share | $ 0.001 | $ 0.001 | |||
Themis Glatman [Member] | |||||
Related Party Transaction [Line Items] | |||||
Common stock shares issued | 1,000,000 | ||||
common stock value per share | $ 1.40 | ||||
Non cash expense | $ 1,400,000 | ||||
Weverson Correia [Member] | |||||
Related Party Transaction [Line Items] | |||||
Common stock shares issued | 500,000 | ||||
common stock value per share | $ 1.55 | ||||
Non cash expense | $ 772,500 | ||||
Anthony Anish [Member] | |||||
Related Party Transaction [Line Items] | |||||
Due to related party | 180,000 | $ 120,000 | |||
Accrued compensation | 128,778 | 126,778 | |||
Cash advance | 4,550 | ||||
Richard Carey [Member] | |||||
Related Party Transaction [Line Items] | |||||
Accrued compensation | 114,862 | $ 48,628 | |||
Cash advance | 20,000 | ||||
John Baird [Member] | |||||
Related Party Transaction [Line Items] | |||||
Accrued compensation | $ 60,000 |
NOTES PAYABLE (Details Narrativ
NOTES PAYABLE (Details Narrative) - USD ($) | 1 Months Ended | 3 Months Ended | 9 Months Ended | 11 Months Ended | 12 Months Ended | |||||||
Apr. 30, 2021 | Jul. 27, 2020 | Mar. 31, 2020 | Aug. 13, 2019 | Sep. 21, 2021 | Mar. 31, 2022 | Mar. 31, 2021 | Jun. 01, 2018 | Jun. 26, 2020 | Mar. 28, 2022 | Jun. 30, 2021 | Jun. 11, 2019 | |
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items] | ||||||||||||
Debt face amount | $ 400,000 | |||||||||||
Proceeds from note payable | $ 118,971 | $ 213,500 | ||||||||||
Due to related party | 190,804 | |||||||||||
Kok Chee Lee [Member] | ||||||||||||
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items] | ||||||||||||
Note payable | 42,651 | $ 42,651 | ||||||||||
Former Secy Of Board [Member] | ||||||||||||
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items] | ||||||||||||
Debt face amount | $ 32,000 | |||||||||||
Debt stated interest rate | 5.00% | |||||||||||
Debt maturity date | Dec. 1, 2018 | |||||||||||
Accrued interest | 6,159 | $ 4,949 | ||||||||||
Troy [Member] | ||||||||||||
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items] | ||||||||||||
Note payable | 310,000 | |||||||||||
Debt face amount | $ 500,000 | |||||||||||
Repayment of debt | $ 35,000 | $ 50,000 | $ 20,000 | |||||||||
An Individual [Member] | ||||||||||||
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items] | ||||||||||||
Note payable | 25,000 | |||||||||||
Accrued interest | $ 10,734 | |||||||||||
Proceeds from note payable | $ 25,000 | |||||||||||
Debt converted, amount converted | $ 14,000 | $ 6,000 | ||||||||||
Debt converted, shares issued | 1,400,000 | 600,000 |
CONVERTIBLE NOTE (Details - Sch
CONVERTIBLE NOTE (Details - Schedule of derivative liability) | 9 Months Ended |
Mar. 31, 2022USD ($) | |
Convertible Note | |
Derivative Liability, beginning | $ 0 |
Increase to derivative due to new issuances | 179,478 |
Derivative loss due to mark to market adjustment | 470,635 |
Derivative Liability, ending | $ 650,113 |
CONVERTIBLE NOTE (Details - Val
CONVERTIBLE NOTE (Details - Valuation assumptions) - $ / shares | 9 Months Ended | |
Mar. 31, 2022 | Mar. 31, 2021 | |
Convertible Note | ||
Stock price | $ 0.49 | $ 0.42 |
Conversion price | $ 0.21 | $ 0.2995 |
Volatility (annual) | 232.22% | 256.36% |
Risk-free rate | 52.00% | 59.00% |
Dividend rate | 0.00% | 0.00% |
Years to maturity | 3 months 29 days | 4 months 2 days |
CONVERTIBLE NOTE (Details Narra
CONVERTIBLE NOTE (Details Narrative) | Mar. 28, 2022USD ($) |
Convertible Note | |
Principal amount | $ 400,000 |
PREFERRED STOCK (Details Narrat
PREFERRED STOCK (Details Narrative) - USD ($) | Jul. 02, 2020 | Aug. 13, 2019 | Sep. 30, 2020 | Mar. 31, 2022 | Jun. 30, 2021 |
Class of Stock [Line Items] | |||||
Preferred stock, shares authorized | 25,000,000 | 25,000,000 | |||
Preferred stock, par value | $ 0.001 | $ 0.001 | |||
Stock issued for compensation, value | $ 68,556 | ||||
Series A Preferred Stock [Member] | |||||
Class of Stock [Line Items] | |||||
Preferred stock, shares authorized | 1,000,000 | 1,000,000 | |||
Preferred stock, par value | $ 0.001 | $ 0.001 | |||
Series A Preferred Stock [Member] | Richard Carey [Member] | |||||
Class of Stock [Line Items] | |||||
Stock issued for compensation, shares | 1,000,000 | ||||
Stock issued for compensation, value | $ 68,556 | ||||
Series B Preferred Stock [Member] | |||||
Class of Stock [Line Items] | |||||
Preferred stock, shares authorized | 1,900,000 | 1,900,000 | |||
Preferred stock, par value | $ 0.001 | $ 0.001 | |||
Common stock to be issued | 3,666,000 | ||||
Series B Preferred Stock [Member] | Asset Purchase Agreement [Member] | |||||
Class of Stock [Line Items] | |||||
Stock issued for acquisition, shares | 1,883,000 | ||||
Stock issued for acquisition, value | $ 7,532 |
COMMON STOCK (Details Narrative
COMMON STOCK (Details Narrative) - USD ($) | 3 Months Ended | 9 Months Ended | 12 Months Ended | |||||
Mar. 31, 2022 | Dec. 31, 2021 | Sep. 30, 2021 | Mar. 31, 2021 | Sep. 30, 2020 | Mar. 31, 2022 | Mar. 31, 2021 | Jun. 30, 2021 | |
Class of Stock [Line Items] | ||||||||
Stock issued for services, value | $ 4,419,700 | $ 5,954,300 | $ 20,000 | $ 25,000 | ||||
Loss on conversion of debt | (343,120) | $ 0 | $ (343,120) | $ 0 | ||||
Proceeds from sale of stock | 1,084,000 | $ 82,500 | ||||||
Common stock subscription receivable | 160,000 | 160,000 | $ 20,000 | |||||
Common stock to be issued | $ 0 | 0 | $ 41,633 | |||||
Stock issued for services, shares | $ 4,000,000 | |||||||
Common Stock [Member] | ||||||||
Class of Stock [Line Items] | ||||||||
Debt converted, stock issued shares | 1,375,000 | |||||||
Loss on conversion of debt | $ 46,200 | |||||||
Common Stock [Member] | Services [Member] | ||||||||
Class of Stock [Line Items] | ||||||||
Stock issued for services, shares | 1,250,000 | |||||||
Stock issued for services, value | $ 25,000 | |||||||
Common Stock [Member] | Stock Sale [Member] | ||||||||
Class of Stock [Line Items] | ||||||||
Stock sold for cash, shares | 16,885,000 | 9,381,000 | ||||||
Proceeds from sale of stock | $ 1,634,000 | $ 129,400 | ||||||
Common Stock [Member] | Services 1 [Member] | ||||||||
Class of Stock [Line Items] | ||||||||
Stock issued for services, shares | 4,444 | |||||||
Stock issued for services, value | $ 20,000 | |||||||
Amortized amount | 20,000 | |||||||
Common Stock [Member] | Services 2 [Member] | ||||||||
Class of Stock [Line Items] | ||||||||
Stock issued for services, value | 2,000,000 | |||||||
Amortized amount | $ 2,000,000 | |||||||
Common Stock [Member] | Services 3 [Member] | ||||||||
Class of Stock [Line Items] | ||||||||
Stock issued for services, shares | 10,000 | |||||||
Stock issued for services, value | $ 11,200 | |||||||
Common Stock [Member] | Services 4 [Member] | ||||||||
Class of Stock [Line Items] | ||||||||
Stock issued for services, shares | 52,000 | |||||||
Stock issued for services, value | $ 80,600 | |||||||
Common Stock [Member] | Services 5 [Member] | ||||||||
Class of Stock [Line Items] | ||||||||
Stock issued for services, shares | 1,500,000 | |||||||
Stock issued for services, value | $ 2,317,500 | |||||||
Common Stock [Member] | Services 6 [Member] | ||||||||
Class of Stock [Line Items] | ||||||||
Stock issued for services, shares | 500,000 | |||||||
Stock issued for services, value | $ 775,500 | |||||||
Common Stock [Member] | Services 7 [Member] | ||||||||
Class of Stock [Line Items] | ||||||||
Stock issued for services, shares | 6,600,000 | |||||||
Stock issued for services, value | $ 2,980,700 | |||||||
Common Stock [Member] | Sold In Prior Year [Member] | ||||||||
Class of Stock [Line Items] | ||||||||
Stock sold for cash, shares | 4,770,000 |
SIGNIFICANT TRANSACTIONS (Detai
SIGNIFICANT TRANSACTIONS (Details Narrative) - USD ($) | Dec. 15, 2021 | Mar. 31, 2022 | Jun. 30, 2021 |
Significant Transactions | |||
Cash | $ 1,000,000 | $ 171,233 | $ 6,789 |
Restricted shares of common stock | 5,000,000 | ||
Working capital | $ 7,500,000 |