Cover
Cover | 3 Months Ended |
Sep. 30, 2023 | |
Cover [Abstract] | |
Document Type | S-1/A |
Amendment Flag | true |
Amendment Description | various edits |
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 | 2300 West Sahara Avenue #800 |
Entity Address, City or Town | Las Vegas |
Entity Address, State or Province | NV |
Entity Address, Postal Zip Code | 89102 |
City Area Code | 310 |
Local Phone Number | 571-0020 |
Entity Filer Category | Non-accelerated Filer |
Entity Small Business | true |
Entity Emerging Growth Company | false |
BALANCE SHEETS
BALANCE SHEETS - USD ($) | Sep. 30, 2023 | Jun. 30, 2023 |
Current assets: | ||
Cash | $ 13,529 | $ 4,391 |
Prepaids and other assets | 482,500 | 482,500 |
Total current assets | 496,029 | 486,891 |
Property and equipment | 450,000 | 450,000 |
Mining claims | 57,532 | 57,532 |
Total other assets | 507,532 | 507,532 |
Total Assets | 1,003,561 | 994,423 |
Current liabilities: | ||
Accounts payable | 117,823 | 110,565 |
Accrued expenses | 85,803 | 75,681 |
Due to related parties | 54,381 | 55,654 |
Accrued compensation | 439,353 | 346,060 |
Notes payable | 227,851 | 202,051 |
Convertible notes payable, net of discount of $56,197 and $105,354, respectively | 411,411 | 396,652 |
Derivative liability | 1,013,959 | 1,010,145 |
Total current liabilities | 2,350,581 | 2,196,808 |
Total Liabilities | 2,350,581 | 2,196,808 |
COMMITMENTS AND CONTINGENCIES (see footnotes) | ||
Stockholders’ Equity (Deficit): | ||
Common stock, $0.001 par value, 500,000,000 shares authorized, 308,156,163 and 227,097,537 shares issued and outstanding, respectively | 308,156 | 227,098 |
Additional paid-in capital | 24,308,367 | 24,171,513 |
Common stock to be issued | 10,000 | 0 |
Stock subscription receivable | (56,250) | (56,250) |
Accumulated deficit | (25,920,266) | (25,547,794) |
Total stockholders’ (deficit) equity | (1,347,020) | (1,202,385) |
Total liabilities and stockholders’ deficit | 1,003,561 | 994,423 |
Preferred Stock [Member] | ||
Stockholders’ Equity (Deficit): | ||
Preferred stock, value | 0 | 0 |
Series A Preferred Stock [Member] | ||
Stockholders’ Equity (Deficit): | ||
Preferred stock, value | 1,000 | 1,000 |
Series B Preferred Stock [Member] | ||
Stockholders’ Equity (Deficit): | ||
Preferred stock, value | 1,883 | 1,883 |
Series C Preferred Stock [Member] | ||
Stockholders’ Equity (Deficit): | ||
Preferred stock, value | $ 90 | $ 165 |
BALANCE SHEETS (Parenthetical)
BALANCE SHEETS (Parenthetical) - USD ($) | Sep. 30, 2023 | Jun. 30, 2023 |
Convertible notes payable, net of discount | $ 56,197 | $ 105,354 |
Preferred stock, par value | $ 0.001 | $ 0.001 |
Preferred stock, shares authorized | 25,000,000 | 25,000,000 |
Preferred stock, shares issued | 0 | 0 |
Preferred stock, shares outstanding | 0 | 0 |
Common stock, par value | $ 0.001 | $ 0.001 |
Common stock, shares authorized | 500,000,000 | 500,000,000 |
Common stock, shares issued | 308,156,163 | 227,097,537 |
Common stock, shares outstanding | 308,156,163 | 227,097,537 |
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 | $ 0.001 | $ 0.001 |
Preferred stock, shares authorized | 1,000,000 | 1,000,000 |
Preferred stock, shares issued | 88,812 | 163,950 |
Preferred stock, shares outstanding | 88,812 | 163,950 |
STATEMENT OF OPERATIONS (Unaudi
STATEMENT OF OPERATIONS (Unaudited) - USD ($) | 3 Months Ended | |
Sep. 30, 2023 | Sep. 30, 2022 | |
Operating expenses: | ||
General and administrative | $ 20,415 | $ 568,444 |
Professional fees | 3,000 | 0 |
Consulting | 0 | 579,375 |
Director compensation | 0 | 4,410,000 |
Officer compensation | 105,000 | 1,445,000 |
Total operating expenses | 128,415 | 7,002,819 |
Loss from operations | (128,415) | (7,002,819) |
Other expense: | ||
Interest expense | (64,623) | (135,655) |
Change in fair value of derivative | (36,159) | (238,205) |
Loss on conversion of debt | (2,422) | 0 |
Loss on conversion of preferred stock | (140,853) | 0 |
Total other expense | (244,057) | (373,860) |
Loss before provision for income taxes | (372,472) | (7,376,679) |
Provision for income taxes | 0 | 0 |
Net loss | $ (372,472) | $ (7,376,679) |
STATEMENT OF OPERATIONS (Unau_2
STATEMENT OF OPERATIONS (Unaudited) (Parenthetical) - $ / shares | 3 Months Ended | |
Sep. 30, 2023 | Sep. 30, 2022 | |
Income Statement [Abstract] | ||
Net loss per common share - basic | $ 0 | $ (0.04) |
Net loss per common share - diluted | $ 0 | $ (0.04) |
Weighted average common shares outstanding - basic | 245,125,335 | 170,041,289 |
Weighted average common shares outstanding - diluted | 245,125,335 | 170,041,289 |
STATEMENT OF CHANGES IN STOCKHO
STATEMENT OF CHANGES IN STOCKHOLDERS' DEFICIT (Unaudited) - USD ($) | Series A Preferred Stocks [Member] | Series B Preferred Stocks [Member] | Series C 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, 2022 | $ 1,000 | $ 1,883 | $ 208 | $ 162,788 | $ 16,384,983 | $ (50,000) | $ (15,058,400) | $ (1,442,462) | |
Shares outstanding, beginning balance at Jun. 30, 2022 | 1,000,000 | 1,833,000 | 207,500 | 162,788,028 | |||||
Preferred stock sold for cash | $ 47 | 46,453 | 46,500 | ||||||
Preferred stock sold for cash, shares | 46,500 | ||||||||
Stock sold for cash | $ 50 | 6,200 | (6,250) | ||||||
Stock sold for cash, shares | 50,000 | ||||||||
Stock issued for services – related party | $ 20,000 | 5,730,000 | 5,750,000 | ||||||
Stock issued for services - related party, shares | 20,000,000 | ||||||||
Net loss | (7,376,679) | (7,376,679) | |||||||
Ending balance, value at Sep. 30, 2022 | $ 1,000 | $ 1,883 | $ 255 | $ 182,838 | 22,167,636 | (56,250) | (22,435,079) | (137,717) | |
Shares outstanding,ending balance at Sep. 30, 2022 | 1,000,000 | 1,833,000 | 254,000 | 182,838,028 | |||||
Beginning balance, value at Jun. 30, 2023 | $ 1,000 | $ 1,883 | $ 165 | $ 227,098 | 24,171,513 | (56,250) | (25,547,794) | (1,202,385) | |
Shares outstanding, beginning balance at Jun. 30, 2023 | 1,000,000 | 1,833,000 | 163,950 | 227,097,537 | |||||
Stock issued for debt | $ 27,687 | 48,758 | 76,445 | ||||||
Stock issued for debt, shares | 27,687,342 | ||||||||
Preferred stock converted to common stock | $ (75) | $ 53,371 | 88,096 | 141,392 | |||||
Preferred stock converted to common stock, shares | (75,138) | 53,371,284 | |||||||
Stock sold for cash | 10,000 | 10,000 | |||||||
Net loss | (372,472) | (372,472) | |||||||
Ending balance, value at Sep. 30, 2023 | $ 1,000 | $ 1,883 | $ 90 | $ 308,156 | $ 24,308,367 | $ 10,000 | $ (56,250) | $ (25,920,266) | $ (1,347,020) |
Shares outstanding,ending balance at Sep. 30, 2023 | 1,000,000 | 1,833,000 | 88,812 | 308,156,153 |
STATEMENT OF CASH FLOWS (Unaudi
STATEMENT OF CASH FLOWS (Unaudited) - USD ($) | 3 Months Ended | |
Sep. 30, 2023 | Sep. 30, 2022 | |
CASH FLOWS FROM OPERATING ACTIVITIES: | ||
Net loss | $ (372,472) | $ (7,376,679) |
Adjustments to reconcile net loss to net cash used in operating activities: | ||
Prepaid stock issued for services | 0 | 1,081,041 |
Common stock issued for services - related party | 0 | 5,750,000 |
Loss on conversion of debt | 2,422 | 0 |
Loss on conversion of preferred stock | 140,853 | 0 |
Change in fair value of derivative | 36,159 | 238,205 |
Debt discount amortization | 49,157 | 114,583 |
Changes in assets and liabilities: | ||
Prepaids and other assets | 0 | 16,712 |
Accounts payable | 7,258 | 2,167 |
Accrued expenses | 17,941 | 20,548 |
Accrued expenses – related party | (1,273) | 15,316 |
Accrued compensation | 93,293 | 32,688 |
Net cash used in operating activities | (26,662) | (105,419) |
CASH FLOWS FROM INVESTING ACTIVITIES: | ||
Net cash used in investing activities | 0 | 0 |
CASH FLOWS FROM FINANCING ACTIVITIES: | ||
Proceeds from the sale of common stock | 10,000 | 0 |
Proceeds from the sale of preferred stock | 0 | 46,500 |
Proceeds from notes payable | 25,800 | 0 |
Payment on notes payable | 0 | (5,881) |
Net cash provided by financing activities | 35,800 | 40,619 |
Net change in cash | 9,138 | (64,800) |
Cash at the beginning of period | 4,391 | 71,724 |
Cash at the end of period | 13,529 | 6,924 |
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION: | ||
Interest paid | 0 | 0 |
Income taxes paid | 0 | 0 |
NON-CASH TRANSACTIONS: | ||
Conversion of debt | $ 39,203 | $ 97,154 |
NATURE OF BUSINESS
NATURE OF BUSINESS | 3 Months Ended |
Sep. 30, 2023 | |
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. The primary purpose of the Company is to acquire and develop gold mining as well as certain other mining properties worldwide, finding patented new mining technologies and proprietary technology outside the mining industry. |
SIGNIFICANT AND CRITICAL ACCOUN
SIGNIFICANT AND CRITICAL ACCOUNTING POLICIES AND PRACTICES | 3 Months Ended |
Sep. 30, 2023 | |
Accounting Policies [Abstract] | |
SIGNIFICANT AND CRITICAL ACCOUNTING POLICIES AND PRACTICES | NOTE 2 – SIGNIFICANT AND CRITICAL ACCOUNTING POLICIES AND PRACTICES Basis of Presentation These unaudited condensed financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“US GAAP”) and the rules and regulations of the Securities and Exchange Commission (“SEC”). These financial statements and the notes attached hereto should be read in conjunction with the financial statements and notes included in the Company’s 10-K for its fiscal year ended June 30, 2023. In the opinion of the Company, all adjustments, including normal recurring adjustments necessary to present fairly the financial position of the Company, as of September 30, 2023, and the results of its operations and cash flows for the three months then ended have been included. The results of operations for the interim period are not necessarily indicative of the results for the full year ending June 30, 2024. 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. Reclassifications Certain reclassifications have been made to the prior period financial information to conform to the presentation used in the financial statements for the three months ended September 30, 2023. 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: Schedule of fair value, liabilities measured on recurring basis At September 30, 2023 Description Level 1 Level 2 Level 3 Derivative $ – $ – $ 1,013,959 Total $ – $ – $ 1,013,959 At June 30, 2023 Description Level 1 Level 2 Level 3 Derivative $ – $ – $ 1,010,145 Total $ – $ – $ 1,010,145 |
GOING CONCERN
GOING CONCERN | 3 Months Ended |
Sep. 30, 2023 | |
Organization, Consolidation and Presentation of Financial Statements [Abstract] | |
GOING CONCERN | NOTE 3 – GOING CONCERN The 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 $ 25,920,266 372,472 26,662 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. |
AGREEMENTS TO ACQUIRE
AGREEMENTS TO ACQUIRE | 3 Months Ended |
Sep. 30, 2023 | |
Business Combination and Asset Acquisition [Abstract] | |
AGREEMENTS TO ACQUIRE | NOTE 4 – AGREEMENTS TO ACQUIRE Share Purchase Agreements with Juan Lemus for the proposed acquisitions of 51% ownership in Commsa and Lion Works. On December 15, 2021, the Company entered into a share purchase agreement (the “Share Purchase Agreement”) with Juan Lemus, the sole shareholder of Commsa. The Share Purchase Agreement contemplated the acquisition by the Company of 51 1,000,000 5,000,000 7,500,000 On August 14, 2023, the Company and Juan Lemus executed an addendum to the Share Purchase Agreement (the which provided for the extension of the Company’s obligations to pay $1,000,000 in cash, the issuance of 5,000,000 shares of the Company’s common stock to Mr. Lemus and the payment of $7,500,000 in working capital until September 30, 2023. The first addendum provides that if the Company does not comply with these obligations set forth in the Addendum until September 30, 2023, the Share Purchase Agreement will be null and void. On September 28, 2023, the parties executed the second addendum, extending the timing of the Company’s payment from September 30, 2023 to December 31, 2023. On March 19, 2023, the Company entered into and executed a share purchase agreement (the “Share Purchase Agreement”) with Lion Works and Juan Lemus, the sole shareholder of Lion Works, which contemplated the acquisition by the Company, as Buyer, from Mr. Lemus, as Seller, of 51 51 51 · The total purchase price of $ 5,100,000 2,550,000 2,550,000 · The Company will invest an additional 5,000,000 2,000,000 3,000,000 · The Company will engage a patent attorney and pay for the cost of that patent attorney to prepare the patent application related to Genesis and to register that patent, provided that Lion Works will engage an expert to prepare a report on the Genesis system, to be used in this patent application. The parties agreed that the closing of the transactions contemplated by the Share Purchase Agreement will occur on or before March 19, 2023 or at such other time and place as the Buyer and the Seller may agree, provided that (i) the Seller receives the first tranche of working capital funds in the amount of $2,000 prior to the execution and delivery of (i) the paperwork necessary for the attorney to complete the patent submission, (ii) all documentation necessary for the buyer to market the Genesis program, (iii) any other document, certificate or instrument to consummate the transactions contemplated by the Share Purchase Agreement. On July 21, 2023, Juan Lemus and the Company executed the first addendum to the Share Purchase Agreement, pursuant to which the Company’s obligations to pay $ 2,000,000 2,550,000 |
PROPERTY AND EQUIPMENT
PROPERTY AND EQUIPMENT | 3 Months Ended |
Sep. 30, 2023 | |
Property, Plant and Equipment [Abstract] | |
PROPERTY AND EQUIPMENT | NOTE 5 – PROPERTY AND EQUIPMENT Long lived assets, including property and equipment assets to be held and used by the Company are reviewed for impairment whenever events or changes in circumstances indicate that the carrying value of the assets may not be recoverable. Impairment losses are recognized if expected future cash flows of the related assets are less than their carrying values. Measurement of an impairment loss is based on the fair value of the asset. Long-lived assets to be disposed of are reported at the lower of carrying amount or fair value less cost to sell. Property and equipment are first recorded at cost. Depreciation and is computed using the straight-line method over the estimated useful lives of the various classes of assets. Maintenance and repair expenses, as incurred, are charged to expense. Betterments and renewals are capitalized in plant and equipment accounts. Cost and accumulated depreciation applicable to items replaced or retired are eliminated from the related accounts with any gain or loss on the disposition included as income. Assets stated at cost, less accumulated depreciation consisted of the following: Schedule of assets stated at cost, less accumulated depreciation September 30, June 30, Mine Assets $ 450,000 $ 450,000 Total $ 450,000 $ 450,000 Once operations utilizing the property and equipment have begun, the Company will begin depreciation of the assets. |
RELATED PARTY TRANSACTIONS
RELATED PARTY TRANSACTIONS | 3 Months Ended |
Sep. 30, 2023 | |
Related Party Transactions [Abstract] | |
RELATED PARTY TRANSACTIONS | NOTE 6 – RELATED PARTY TRANSACTIONS On August 1, 2019, the Company entered into and executed initial employment agreements with Richard Carey, John Baird and Anthony Anish. Each initial employment agreement provided that the initial term of the employment agreement has the term of 36 months starting from August 1, 2019 and continues until July 31, 2022. Thereafter, such employment agreement may be renewed upon mutual agreement of the parties. The employment agreement also may be terminated by each party upon 30 days’ notice to the other party, provided that in the event the Executive breaches his material obligations to the Company, the Company may terminate the executive employment immediately. Each executive agreement included the compensation for the executive, including the base and incentive salary. On January 1, 2021, the Company amended the employment agreements with Richard Carey, CEO and Anthony Anish, CFO, which increased the base annual salaries for Mr. Carey from $ 120,000 180,000 60,000 120,000 On March 14, 2023, the Company renewed the employment agreements with Mr. Carey and Mr. Anish (the “New Employment Agreements”), stating that the effective date of the New Employment Agreement is August 1, 2022 and that they have the term of 36 months, the same as the terms of the initial employment agreements. Except for the compensation provisions, the New Employment Agreements contain the same provisions as the initial employment agreement for each executive. Under the terms of the New Employment Agreement, Mr. Carey is entitled to receive the following compensation: · For the period from August 1, 2022 to December 31, 2022, Mr. Carey received the base salary equal to $180,000; · For the period from January 1, 2023 to July 31, 2024, Mr. Carey will receive the base salary equal to $240,000; and · For the period from August 1, 2024 to July 31, 2025, Mr. Carey will receive the base salary equal to $270,000. In addition, Mr. Carey is entitled to receive an equity compensation, as to be determined by the Board of Directors of the Company. Under the terms of the New Employment Agreement, Mr. Anish is entitled to receive s the following compensation: · For the period from August 1, 2022 to December 31, 2022, Mr. Anish received the base salary equal to $120,000; · For the period from January 1, 2023 to July 31, 2024, Mr. Anish will receive the base salary equal to $180,000; and · For the period from August 1, 2024 to July 31, 2025, Mr. Anish will receive the base salary equal to $210,000. In addition, Mr. Anish is entitled to receive an equity compensation, as to be determined by the Board of Directors of the Company. On November 17, 2022, Mr. Carey agreed to give 4 million of his own shares of common stock in exchange for $ 42,000 41,715 As of September 30, 2023, the Company owes Themis Glatman, Director, $ 2,500 5,000 As of September 30, 2023, the Company owes Mr. Anish, $ 5,166 |
NOTES PAYABLE
NOTES PAYABLE | 3 Months Ended |
Sep. 30, 2023 | |
Debt Disclosure [Abstract] | |
NOTES PAYABLE | NOTE 7 – NOTES PAYABLE As of September 30, 2023 and June 30, 2023, 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 8,562 6,562 As of September 30, 2023 and June 30, 2023, the Company owes various other individuals and entities $ 153,200 127,400 |
CONVERTIBLE NOTES
CONVERTIBLE NOTES | 3 Months Ended |
Sep. 30, 2023 | |
Convertible Notes | |
CONVERTIBLE NOTES | NOTE 8 - CONVERTIBLE NOTES On March 28, 2022, the Company received short term financing from a private investor under a 10% Fixed Convertible Secured Promissory Note in the principal amount of $ 400,000 On February 27, 2023, the Company repaid $ 15,000 75,000 39,300 75,000 7,000,000 On February 7, 2023, the Company executed a 12 0.05 price per share equal to the 65% of the lowest trading price of the Company’s common stock during the 20 consecutive trading days prior to the date on which lender elects to convert all or part of the Note. 1,211,111 0.05 5 On February 8, 2023, the Company executed a 10 0.02 price per share equal to the 65% of the lowest trading price of the Company’s common stock during the 20 consecutive trading days prior to the date on which lender elects to convert all or part of the Note. On June 8, 2023, the Company executed a 9 price per share equal to 65% of the lowest trading price of the Company’s common stock during the 20 consecutive trading days prior to the date on which lender elects to convert all or part of the Note. The following table summarizes the convertible notes outstanding as of September 30, 2023: Schedule of convertible notes Note Holder Date Maturity Date Interest Balance Additions Conversions Balance Private investor 3/28/2022 7/31/2022 14 $ 310,000 $ – $ – $ 310,000 Quick Capital LLC 2/7/2023 11/8/2023 12 60,556 – (21,898) 38,658 AES Capital Management, LLC 2/8/2023 2/7/2024 10 38,000 – (12,500) 25,500 Rock Bay Partners 10 35,700 – – 35,700 1800 Diagonal Lending, LLC 6/8/2023 3/8/2024 9 57,750 – – 57,750 Total $ 502,006 $ – $ (34,398 ) $ 467,608 Less debt discount $ (105,354 ) $ (56,197 ) Convertible notes payable, net $ 396,652 $ 411,411 Schedule of derivative liabilities A summary of the activity of the derivative liability for the notes above is as follows: Balance at June 30, 2023 $ 1,010,145 Increase to derivative due to new issuances – Decrease to derivative due to conversion (32,345 ) Derivative loss due to mark to market adjustment 36,159 Balance at September 30, 2023 $ 1,013,959 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 September 30, 2023, is as follows: Schedule of fair value assumptions Inputs September 30, Initial Stock price $ 0.0011 $ 0.015 - 0.42 Conversion price $ 0.0004 - 0.00005 $ 0.015 - 0.2995 Volatility (annual) 210.61% - 235.86% 265.91% - 381.28% Risk-free rate 5.53% – 5.55% 0.59% - 5.12% Dividend rate – – Years to maturity .25 - 0.58 0.34 - 1 |
PREFERRED STOCK
PREFERRED STOCK | 3 Months Ended |
Sep. 30, 2023 | |
Equity [Abstract] | |
PREFERRED STOCK | NOTE 9 – PREFERRED STOCK Of the 25,000,000 0.001 1,000,000 1,900,000 1,000,000 Series A Preferred Stock Each Share of Series A preferred stock has 500 votes per share and each share can be converted into 500,000,000 shares of common stock. The holders of the Series A preferred stock are not entitled to dividends. 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 has 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. 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 On March 30, 2022, the Company created and designated 1,000,000 1.00 During the three months ended September 30, 2023, the Company sold 268,200 268,200 During the three months ended September 30, 2023, Geneva Roth converted 75,138 53,371,284 140,853 |
COMMON STOCK
COMMON STOCK | 3 Months Ended |
Sep. 30, 2023 | |
Equity [Abstract] | |
COMMON STOCK | NOTE 10 – COMMON STOCK During the three months ended September 30, 2023, Quick Capital LLC converted $ 21,898 21,582,313 During the three months ended September 30, 2023, AES converted $ 12,500 6,105,029 During the three months ended September 30, 2023, Geneva Roth converted 75,138 53,371,284 140,853 |
SUBSEQUENT EVENTS
SUBSEQUENT EVENTS | 3 Months Ended |
Sep. 30, 2023 | |
Subsequent Events [Abstract] | |
SUBSEQUENT EVENTS | NOTE 11 – 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., Management has determined that no material subsequent events exist other than the following: 1/. 2/. outlines the mutual intentions of the Parties to collaborate and leverage their respective strengths to achieve the following objectives: 1. Market Expansion in Asia: 2. Development of Gold-Backed Digital Asset: 3. Exploration of Digital Asset Opportunities: 4. Legal Representation: 5. Equity Issuance: The definitive agreements still need to be finalized together with the terms of the series D Preferred stock. 3/. |
SIGNIFICANT AND CRITICAL ACCO_2
SIGNIFICANT AND CRITICAL ACCOUNTING POLICIES AND PRACTICES (Policies) | 3 Months Ended |
Sep. 30, 2023 | |
Accounting Policies [Abstract] | |
Basis of Presentation | Basis of Presentation These unaudited condensed financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“US GAAP”) and the rules and regulations of the Securities and Exchange Commission (“SEC”). These financial statements and the notes attached hereto should be read in conjunction with the financial statements and notes included in the Company’s 10-K for its fiscal year ended June 30, 2023. In the opinion of the Company, all adjustments, including normal recurring adjustments necessary to present fairly the financial position of the Company, as of September 30, 2023, and the results of its operations and cash flows for the three months then ended have been included. The results of operations for the interim period are not necessarily indicative of the results for the full year ending June 30, 2024. |
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. |
Reclassifications | Reclassifications Certain reclassifications have been made to the prior period financial information to conform to the presentation used in the financial statements for the three months ended September 30, 2023. |
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: Schedule of fair value, liabilities measured on recurring basis At September 30, 2023 Description Level 1 Level 2 Level 3 Derivative $ – $ – $ 1,013,959 Total $ – $ – $ 1,013,959 At June 30, 2023 Description Level 1 Level 2 Level 3 Derivative $ – $ – $ 1,010,145 Total $ – $ – $ 1,010,145 |
SIGNIFICANT AND CRITICAL ACCO_3
SIGNIFICANT AND CRITICAL ACCOUNTING POLICIES AND PRACTICES (Tables) | 3 Months Ended |
Sep. 30, 2023 | |
Accounting Policies [Abstract] | |
Schedule of fair value, liabilities measured on recurring basis | Schedule of fair value, liabilities measured on recurring basis At September 30, 2023 Description Level 1 Level 2 Level 3 Derivative $ – $ – $ 1,013,959 Total $ – $ – $ 1,013,959 At June 30, 2023 Description Level 1 Level 2 Level 3 Derivative $ – $ – $ 1,010,145 Total $ – $ – $ 1,010,145 |
PROPERTY AND EQUIPMENT (Tables)
PROPERTY AND EQUIPMENT (Tables) | 3 Months Ended |
Sep. 30, 2023 | |
Property, Plant and Equipment [Abstract] | |
Schedule of assets stated at cost, less accumulated depreciation | Schedule of assets stated at cost, less accumulated depreciation September 30, June 30, Mine Assets $ 450,000 $ 450,000 Total $ 450,000 $ 450,000 |
CONVERTIBLE NOTES (Tables)
CONVERTIBLE NOTES (Tables) | 3 Months Ended |
Sep. 30, 2023 | |
Convertible Notes | |
Schedule of convertible notes | Schedule of convertible notes Note Holder Date Maturity Date Interest Balance Additions Conversions Balance Private investor 3/28/2022 7/31/2022 14 $ 310,000 $ – $ – $ 310,000 Quick Capital LLC 2/7/2023 11/8/2023 12 60,556 – (21,898) 38,658 AES Capital Management, LLC 2/8/2023 2/7/2024 10 38,000 – (12,500) 25,500 Rock Bay Partners 10 35,700 – – 35,700 1800 Diagonal Lending, LLC 6/8/2023 3/8/2024 9 57,750 – – 57,750 Total $ 502,006 $ – $ (34,398 ) $ 467,608 Less debt discount $ (105,354 ) $ (56,197 ) Convertible notes payable, net $ 396,652 $ 411,411 |
Schedule of derivative liabilities | Schedule of derivative liabilities A summary of the activity of the derivative liability for the notes above is as follows: Balance at June 30, 2023 $ 1,010,145 Increase to derivative due to new issuances – Decrease to derivative due to conversion (32,345 ) Derivative loss due to mark to market adjustment 36,159 Balance at September 30, 2023 $ 1,013,959 |
Schedule of fair value assumptions | Schedule of fair value assumptions Inputs September 30, Initial Stock price $ 0.0011 $ 0.015 - 0.42 Conversion price $ 0.0004 - 0.00005 $ 0.015 - 0.2995 Volatility (annual) 210.61% - 235.86% 265.91% - 381.28% Risk-free rate 5.53% – 5.55% 0.59% - 5.12% Dividend rate – – Years to maturity .25 - 0.58 0.34 - 1 |
SIGNIFICANT AND CRITICAL ACCO_4
SIGNIFICANT AND CRITICAL ACCOUNTING POLICIES AND PRACTICES (Details) - USD ($) | Sep. 30, 2023 | Jun. 30, 2023 |
Fair Value, Inputs, Level 1 [Member] | ||
Platform Operator, Crypto-Asset [Line Items] | ||
Derivative fair value | $ 0 | $ 0 |
Fair Value, Inputs, Level 1 [Member] | Derivative [Member] | ||
Platform Operator, Crypto-Asset [Line Items] | ||
Derivative fair value | 0 | 0 |
Fair Value, Inputs, Level 2 [Member] | ||
Platform Operator, Crypto-Asset [Line Items] | ||
Derivative fair value | 0 | 0 |
Fair Value, Inputs, Level 2 [Member] | Derivative [Member] | ||
Platform Operator, Crypto-Asset [Line Items] | ||
Derivative fair value | 0 | 0 |
Fair Value, Inputs, Level 3 [Member] | ||
Platform Operator, Crypto-Asset [Line Items] | ||
Derivative fair value | 1,013,959 | 1,010,145 |
Fair Value, Inputs, Level 3 [Member] | Derivative [Member] | ||
Platform Operator, Crypto-Asset [Line Items] | ||
Derivative fair value | $ 1,013,959 | $ 1,010,145 |
GOING CONCERN (Details Narrativ
GOING CONCERN (Details Narrative) - USD ($) | 3 Months Ended | ||
Sep. 30, 2023 | Sep. 30, 2022 | Jun. 30, 2023 | |
Organization, Consolidation and Presentation of Financial Statements [Abstract] | |||
Accumulated deficit | $ 25,920,266 | $ 25,547,794 | |
Net loss | 372,472 | $ 7,376,679 | |
Cash in operating activities | $ 26,662 | $ 105,419 |
AGREEMENTS TO ACQUIRE (Details
AGREEMENTS TO ACQUIRE (Details Narrative) - Share Purchase Agreement [Member] - USD ($) | Jul. 21, 2023 | Mar. 19, 2023 | Dec. 15, 2021 |
Commsa Acquisition [Member] | Juan Lemus [Member] | |||
Business Acquisition [Line Items] | |||
Acquisition percentage | 51% | ||
Consideration in cash | $ 1,000,000 | ||
Issuance of shares | 5,000,000 | ||
Working capital | $ 2,000,000 | $ 7,500,000 | |
First minimum payment amount | $ 2,550,000 | ||
Lion Works [Member] | |||
Business Acquisition [Line Items] | |||
Acquisition percentage | 51% | ||
Purchase price in cash | $ 5,100,000 | ||
First minimum payment amount | 2,550,000 | ||
Remaining outstanding balance | $ 2,550,000 | ||
Lion Works [Member] | Juan Lemus [Member] | |||
Business Acquisition [Line Items] | |||
Acquisition percentage | 51% | ||
Lion Works [Member] | Genesis [Member] | |||
Business Acquisition [Line Items] | |||
Acquisition percentage | 51% | ||
First minimum payment amount | $ 2,000,000 | ||
Remaining outstanding balance | $ 3,000,000 | ||
Invest additional share | 5,000,000 |
PROPERTY AND EQUIPMENT (Details
PROPERTY AND EQUIPMENT (Details) - USD ($) | Sep. 30, 2023 | Jun. 30, 2023 |
Property, Plant and Equipment [Abstract] | ||
Mine Assets | $ 450,000 | $ 450,000 |
Total | $ 450,000 | $ 450,000 |
RELATED PARTY TRANSACTIONS (Det
RELATED PARTY TRANSACTIONS (Details Narrative) - USD ($) | 3 Months Ended | |||
Nov. 17, 2022 | Jan. 02, 2021 | Aug. 01, 2019 | Sep. 30, 2023 | |
Richard Carey [Member] | ||||
Related Party Transaction [Line Items] | ||||
Debt conversion amount | $ 42,000 | |||
Mr Anish [Member] | ||||
Related Party Transaction [Line Items] | ||||
Related party transaction amount | $ 41,715 | |||
Expense reimbursement | 5,166 | |||
Themis Glatman [Member] | ||||
Related Party Transaction [Line Items] | ||||
Short term advance | 2,500 | |||
Rent expense | $ 5,000 | |||
Amended Employment Agreement [Member] | Richard Carey [Member] | ||||
Related Party Transaction [Line Items] | ||||
Annual base salary | $ 180,000 | $ 120,000 | ||
Amended Employment Agreement [Member] | Anthony Anish [Member] | ||||
Related Party Transaction [Line Items] | ||||
Annual base salary | $ 120,000 | $ 60,000 |
NOTES PAYABLE (Details Narrativ
NOTES PAYABLE (Details Narrative) - USD ($) | Jun. 01, 2018 | Sep. 30, 2023 | Jun. 30, 2023 |
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items] | |||
Other notes payable | $ 153,200 | $ 127,400 | |
Kok Chee Lee [Member] | |||
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items] | |||
Note payable | 42,651 | 42,651 | |
Former Secretary Of Board [Member] | |||
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items] | |||
Debt face amount | $ 32,000 | ||
Debt stated interest rate | 5% | ||
Debt maturity date | Dec. 01, 2018 | ||
Accrued interest | $ 8,562 | $ 6,562 |
CONVERTIBLE NOTES (Details)
CONVERTIBLE NOTES (Details) - USD ($) | 3 Months Ended | |
Sep. 30, 2023 | Jun. 30, 2023 | |
Short-Term Debt [Line Items] | ||
Beginning balance | $ 502,006 | |
Additions | 0 | |
Conversions | (34,398) | |
Ending balance | 467,608 | |
Less debt discount | (56,197) | $ (105,354) |
Convertible notes payable, net | $ 411,411 | $ 396,652 |
Private Investor [Member] | ||
Short-Term Debt [Line Items] | ||
Date | Mar. 28, 2022 | |
Maturity date | Jul. 31, 2022 | |
Interest rate | 14% | |
Beginning balance | $ 310,000 | |
Additions | 0 | |
Conversions | 0 | |
Ending balance | $ 310,000 | |
Quick Capital L L C [Member] | ||
Short-Term Debt [Line Items] | ||
Date | Feb. 07, 2023 | |
Maturity date | Nov. 08, 2023 | |
Interest rate | 12% | |
Beginning balance | $ 60,556 | |
Additions | 0 | |
Conversions | (21,898) | |
Ending balance | $ 38,658 | |
A E S Capital Management L L C [Member] | ||
Short-Term Debt [Line Items] | ||
Date | Feb. 08, 2023 | |
Maturity date | Feb. 07, 2024 | |
Interest rate | 10% | |
Beginning balance | $ 38,000 | |
Additions | 0 | |
Conversions | (12,500) | |
Ending balance | $ 25,500 | |
Rock Bay Partners [Member] | ||
Short-Term Debt [Line Items] | ||
Interest rate | 10% | |
Beginning balance | $ 35,700 | |
Additions | 0 | |
Conversions | 0 | |
Ending balance | $ 35,700 | |
Diagonal Lending L L C 1800 [Member] | ||
Short-Term Debt [Line Items] | ||
Date | Jun. 08, 2023 | |
Maturity date | Mar. 08, 2024 | |
Interest rate | 9% | |
Beginning balance | $ 57,750 | |
Additions | 0 | |
Conversions | 0 | |
Ending balance | $ 57,750 |
CONVERTIBLE NOTES (Details - De
CONVERTIBLE NOTES (Details - Derivative liabilities) | 3 Months Ended |
Sep. 30, 2023 USD ($) | |
Convertible Notes | |
Derivative liability, Beginning | $ 1,010,145 |
Increase to derivative due to new issuances | 0 |
Decrease to derivative due to conversion | (32,345) |
Derivative loss due to mark to market adjustment | 36,159 |
Derivative liability, Ending | $ 1,013,959 |
CONVERTIBLE NOTES (Details - As
CONVERTIBLE NOTES (Details - Assumptions) | 3 Months Ended |
Sep. 30, 2023 | |
Measurement Input, Share Price [Member] | |
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | |
Derivatives determination of fair value | 0.0011 |
Measurement Input, Share Price [Member] | Initial Valuation [Member] | |
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | |
Derivatives determination of fair value | 0.015 - 0.42 |
Measurement Input, Conversion Price [Member] | |
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | |
Derivatives determination of fair value | 0.0004 - 0.00005 |
Measurement Input, Conversion Price [Member] | Initial Valuation [Member] | |
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | |
Derivatives determination of fair value | 0.015 - 0.2995 |
Measurement Input, Price Volatility [Member] | |
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | |
Derivatives determination of fair value | 210.61% - 235.86% |
Measurement Input, Price Volatility [Member] | Initial Valuation [Member] | |
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | |
Derivatives determination of fair value | 265.91% - 381.28% |
Measurement Input, Risk Free Interest Rate [Member] | |
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | |
Derivatives determination of fair value | 5.53% – 5.55% |
Measurement Input, Risk Free Interest Rate [Member] | Initial Valuation [Member] | |
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | |
Derivatives determination of fair value | 0.59% - 5.12% |
Measurement Input, Discount Rate [Member] | |
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | |
Derivatives determination of fair value | |
Measurement Input, Discount Rate [Member] | Initial Valuation [Member] | |
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | |
Derivatives determination of fair value | |
Measurement Input, Maturity [Member] | |
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | |
Derivatives determination of fair value | .25 - 0.58 |
Measurement Input, Maturity [Member] | Initial Valuation [Member] | |
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | |
Derivatives determination of fair value | 0.34 - 1 |
CONVERTIBLE NOTES (Details Narr
CONVERTIBLE NOTES (Details Narrative) - USD ($) | Jun. 08, 2023 | Apr. 28, 2023 | Feb. 27, 2023 | Feb. 08, 2023 | Feb. 07, 2023 | Mar. 28, 2022 |
Convertible Secured Promissory Note [Member] | ||||||
Debt Instrument [Line Items] | ||||||
Principal amount | $ 400,000 | |||||
Repaid amount | $ 15,000 | |||||
Rock Bay Partners [Member] | ||||||
Debt Instrument [Line Items] | ||||||
Principal amount | $ 75,000 | |||||
Debt conversion amount | $ 39,300 | |||||
Debt conversion, shares | 7,000,000 | |||||
Quick Capital L L C [Member] | ||||||
Debt Instrument [Line Items] | ||||||
Interest rate | 12% | |||||
Conversion price | $ 0.05 | |||||
Number of warrants issued | 1,211,111 | |||||
Warrant exercise price | $ 0.05 | |||||
Warrant term | 5 years | |||||
A E S Capital Management L L C [Member] | ||||||
Debt Instrument [Line Items] | ||||||
Interest rate | 10% | |||||
Conversion price | $ 0.0002 | |||||
Diagonal Lending L L C 1800 [Member] | ||||||
Debt Instrument [Line Items] | ||||||
Interest rate | 9% |
PREFERRED STOCK (Details Narrat
PREFERRED STOCK (Details Narrative) - USD ($) | 3 Months Ended | |||
Sep. 30, 2023 | Sep. 30, 2022 | Jun. 30, 2023 | Mar. 30, 2022 | |
Class of Stock [Line Items] | ||||
Preferred stock, shares authorized | 25,000,000 | 25,000,000 | ||
Preferred stock, par value | $ 0.001 | $ 0.001 | ||
Total proceeds from sale of stock | $ 0 | $ 46,500 | ||
Geneva Roth Remark Holdings [Member] | ||||
Class of Stock [Line Items] | ||||
Loss on conversion of stock | $ 140,853 | |||
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 | ||
Preferred stock, shares designated | 1,000,000 | |||
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 | ||
Preferred stock, shares designated | 1,900,000 | |||
Series C 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 | $ 1 | |
Preferred stock, shares designated | 1,000,000 | 1,000,000 | ||
Series C Preferred Stock [Member] | Geneva Roth Remark Holdings [Member] | ||||
Class of Stock [Line Items] | ||||
Stock sold for cash, shares | 268,200 | |||
Total proceeds from sale of stock | $ 268,200 | |||
Conversion of stock, shares converted | 75,138 | |||
Common Stock [Member] | Geneva Roth Remark Holdings [Member] | ||||
Class of Stock [Line Items] | ||||
Conversion of stock, shares issued | 53,371,284 |
COMMON STOCK (Details Narrative
COMMON STOCK (Details Narrative) | 3 Months Ended |
Sep. 30, 2023 USD ($) shares | |
Geneva Roth Remark Holdings [Member] | |
Class of Stock [Line Items] | |
Loss on conversion of stock | $ | $ 140,853 |
Series C Preferred Stock [Member] | Geneva Roth Remark Holdings [Member] | |
Class of Stock [Line Items] | |
Conversion of stock, shares converted | 75,138 |
Common Stock [Member] | Geneva Roth Remark Holdings [Member] | |
Class of Stock [Line Items] | |
Conversion of stock, shares issued | 53,371,284 |
Quick Capital L L C [Member] | Note Payable [Member] | |
Class of Stock [Line Items] | |
Conversion of debt, value | $ | $ 21,898 |
Conversion of debt, shares | 21,582,313 |
A E S Capital Management L L C [Member] | Note Payable [Member] | |
Class of Stock [Line Items] | |
Conversion of debt, value | $ | $ 12,500 |
Conversion of debt, shares | 6,105,029 |