Philux Global (PHIL) 10-K 13 Oct 17 2017 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Jun. 30, 2017	Oct. 12, 2017	Dec. 31, 2016
Document And Entity Information
Entity Registrant Name	PHI GROUP INC
Entity Central Index Key	704,172
Document Type	10-K
Document Period End Date	Jun. 30, 2017
Amendment Flag	false
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Current Fiscal Year End Date	--06-30
Entity Filer Category	Smaller Reporting Company
Entity Public Float			$ 0
Entity Common Stock, Shares Outstanding		41,082,982
Trading Symbol	PHIL
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2,017

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($)	Jun. 30, 2017	Jun. 30, 2016
Current assets:
Cash and cash equivalents	$ 38,369	$ 2,482
Marketable securities	502,696	481,120
Loans receivable		2,282
Other current assets	133,000	43,417
Total current assets	674,064	529,302
Fixed assets:
Land		82,733
Total fixed assets		82,733
Other assets:
Deposit for acquisition		75,000
Other Receivable		66,955
Total other assets		141,955
Total Assets	674,064	753,990
Current liabilities:
Accounts payable	159,875	144,212
Accrued expenses	384,929	4,342,783
Short-term notes payable	873,008	673,660
Due to officers	592,141	899,674
Due to preferred stockholders		215,000
Advances from customers		288,219
Other current payable		97,350
Unearned revenues		40,000
Client deposits	780	9,821
Liabilities from discontinued operations		1,045,232
Derivative Liabilities	454,756
Total current liabilities	2,465,489	7,755,950
Long-Term Liabilities
Accrued Expenses	1,462,836
Accrued Interest	2,715,963
Advances from Customers	288,219
Liabilities from Discontinued Operations	1,040,037
Preferred Stock Liabilities - Discont. Operations	215,000
Total Long-Term Liabilities	5,722,056
Total Liabilities	8,187,545	7,755,950
Stockholders' deficit:
Preferred stock, $.001 par value, 100,000,000 shares authorized; none issued and outstanding
Common stock, $0.001 par value; 900,000,000 shares authorized; 16,109,036 shares issued and outstanding on 06/30/2017, and 9,697,498 issued and outstanding on 6/30/2016, respectively, adjusted for 1 for 1,500 reverse split effective March 15, 2012.	249,645	243,234
Treasury stock: 321,569 and 67,271 shares as of 6/30/17 and 6/30/16, respectively - cost method.	(40,908)	(21,823)
Paid-in capital	31,424,061	30,521,209
Acc. other comprehensive gain (loss)	153,474	30,263
Accumulated deficit	(39,299,754)	(37,774,842)
Total stockholders' deficit	(7,513,481)	(7,001,960)
Total liabilities and stockholders' deficit	$ 674,064	$ 753,990

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Statement of Financial Position [Abstract]
Preferred stock, par value	$ 0.001	$ 0.001
Preferred stock, shares authorized	100,000,000	100,000,000
Preferred stock, shares issued
Preferred stock, shares outstanding
Common stock, par value	$ 0.001	$ 0.001
Common stock, shares authorized	900,000,000	900,000,000
Common stock, shares issued	16,109,036	9,697,498
Common stock, shares outstanding	16,109,036	9,697,498
Reverse stock split, description	1 for 1,500 reverse split	1 for 1,500 reverse split
Treasury stock, shares	321,569	67,271

Consolidated Statement of Opera

Consolidated Statement of Operations - USD ($)	12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Net revenues
Consulting, advisory and management services	$ 113,500	$ 332,050
Operating expenses:
Salaries and wages	238,374	241,000
Professional services, including non-cash compensation	311,911	66,838
General and administrative	120,173	157,083
Total operating expenses	670,458	464,921
Income (loss) from operations	(556,958)	(132,871)
Other income and expenses
Interest expense	(526,562)	(267,577)
Gain (loss) on sale of marketable securities	(2,874)	137,017
Gain (loss) on sale of assets	(20,011)
Loss on loan/note conversion	(131,818)
Other income (expense)	(322,495)	255,433
Net other income (expenses)	(1,003,760)	124,873
Net income (loss)	(1,560,718)	(7,998)
Other comprehensive income (loss)
Accumulated other comprehensive gain (loss)	153,974	30,263
Comprehensive income (loss)	$ (1,406,744)	$ 22,265
Net loss per share:
Basic	$ (0.10)	$ 0
Diluted	$ (0.10)	$ 0
Weighted average number of shares outstanding:
Basic	15,553,354	5,324,120
Diluted	15,553,354	5,324,120

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($)	12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Cash flows from operating activities:
Net income (loss) from operations	$ (1,560,718)	$ (7,998)
Changes in operating assets and liabilities:
(Increase) decrease in other assets and prepaid expenses	(108,876)	(69,072)
Increase (decrease) in accounts payable and accrued expenses	(5,254,654)	(1,772,030)
Net cash provided by (used in) operating activities	(6,924,248)	(1,849,100)
Cash flows from investing activities:
Deposit for acquisition	75,000	(66,776)
Land purchase	82,733	(82,733)
Investment in joint venture		2,550
Other Assets Receivable - Agent155 Media Corp.	66,955
Net cash provided by (used in) investing activities	224,688	(146,959)
Cash flows from financing activities:
Proceeds from common stock	907,261	2,161,726
Change in Accum. other comprehensive income (loss)	123,211	(69,078)
Change in Accumulated deficit		(87,108)
Change in treasury stock	(17,081)	(18,022)
Change from short-term to long-term liabilities	5,722,056
Net cash provided by (used in) financing activities	6,735,447	1,987,517
Net decrease in cash and cash equivalents	35,886	(8,542)
Cash and cash equivalents, beginning of period	2,482	11,024
Cash and cash equivalents, end of period	$ 38,369	$ 2,482

Statement of Stockholders' Equi

Statement of Stockholders' Equity (Deficit) - USD ($)	Common Stock [Member]	Treasury Stock [Member]	Additional Paid-In Capital [Member]	Other Comprehensive Income/(Loss) [Member]	Accumulated (Deficit) [Member]	Total
Balance at Jun. 30, 2015	$ 237,467	$ (3,801)	$ 28,365,269	$ 99,341	$ (37,679,736)	$ (8,981,460)
Balance, shares at Jun. 30, 2015	3,911,348	(3,289)
Cancellation of 25,510 shares - Uy Tran 9/28/2015	$ (26)		(9,974)			(10,000)
Cancellation of 25,510 shares - Uy Tran 9/28/2015, shares	(25,510)
Shares issued for cash - 2/2/2016	$ 121		39,879			40,000
Shares issued for cash - 2/2/2016, shares	121,212
Shares issued for conversion of notes - 2/2/2016	$ 98		31,902			32,000
Shares issued for conversion of notes - 2/2/2016, shares	98,084
Shares issued for consulting service - 2/4/2016	$ 100		32,900			33,000
Shares issued for consulting service - 2/4/2016, shares	100,000
Shares issued for conversion of notes and accruals - 3/28/2016	$ 4,671		1,732,770			1,737,441
Shares issued for conversion of notes and accruals - 3/28/2016, shares	4,670,540
Shares issued for conversion of notes - 5/9/2016	$ 692		274,308			275,000
Shares issued for conversion of notes - 5/9/2016, shares	691,824
Shares issued for consulting service - 6/13/2016	$ 100		39,150			39,250
Shares issued for consulting service - 6/13/2016, shares	100,000
Shares issued for consulting service - 6/28/2016	$ 30		14,970			15,000
Shares issued for consulting service - 6/28/2016, shares	30,000
Adjustment to APIC for treasury stock			36			36
Change in treasury stock		$ (18,022)				(18,022)
Change in treasury stock, shares		(63,982)
Acc. Other Comprehensive Gain (Loss)				30,263		30,263
Net income (loss) for the year ended June 30, 2017					(7,998)	(7,998)
Balance at Jun. 30, 2016	$ 243,234	$ (21,823)	30,521,209	30,263	(37,774,842)	(7,001,960)
Balance, shares at Jun. 30, 2016	9,697,498	(67,271)
Adjustment to Accumulated Deficit					35,807	35,807
Shares issued to Milost Advisors for consulting service (7/29/16)	$ 225		89,775			90,000
Shares issued to Milost Advisors for consulting service (7/29/16), shares	225,000
Shares issued to Steve Truong for cash (8/29/16)	$ 49		19,951			20,000
Shares issued to Steve Truong for cash (8/29/16), shares	48,930
Shares issued for conversion of note by Auctus Fund LLC (8/30/16)	$ 530		138,412			138,942
Shares issued for conversion of note by Auctus Fund LLC (8/30/16), shares	529,598
Shares issued for prepaid consulting expense (10/31/16)	$ 100		32,900			33,000
Shares issued for prepaid consulting expense (10/31/16), shares	100,000
Shares issued for consulting expense (10/31/16)	$ 100		32,900			33,000
Shares issued for consulting expense (10/31/16), shares	100,000
Shares issued for conversion of note by Thuong Le (12/5/16)	$ 606		181,212			181,818
Shares issued for conversion of note by Thuong Le (12/5/16), shares	606,060
Shares issued to Henry Fahman for payment of debts (12/22/16)	$ 2,500		347,500			350,000
Shares issued to Henry Fahman for payment of debts (12/22/16), shares	2,500,000
Shares issued for conversion of note by EMA Financial LLC (1/30/17)	$ 180		19,036			19,216
Shares issued for conversion of note by EMA Financial LLC (1/30/17), shares	180,000
Shares issued for conversion of note by JSJ Investments (2/7/17)	$ 657		71,556			72,213
Shares issued for conversion of note by JSJ Investments (2/7/17), shares	657,169
Shares issued for conversion of note by EMA Financial LLC (2/9/17)	$ 200		15,785			15,985
Shares issued for conversion of note by EMA Financial LLC (2/9/17), shares	200,000
Shares issued for conversion of note by EMA Financial LLC (3/10/17)	$ 244		13,078			13,323
Shares issued for conversion of note by EMA Financial LLC (3/10/17), shares	244,340
Shares issued for conversion of note by Auctus Fund LLC (4/6/17)	$ 750		23,400			24,150
Shares issued for conversion of note by Auctus Fund LLC (4/6/17), shares	750,000
Shares issued for conversion of note by Power Up Lending Group (6/23/17)	$ 495		7,123			7,618
Shares issued for conversion of note by Power Up Lending Group (6/23/17), shares	495,441
Cancellation of shares previously issued to Milost Advisors (6/28/17)	$ (225)		(89,775)			(90,000)
Cancellation of shares previously issued to Milost Advisors (6/28/17), shares	(225,000)
Net income (loss) for the year ended June 30, 2017					(1,560,718)	(1,560,718)
Balance at Jun. 30, 2017	$ 249,645	$ (40,908)	$ 31,424,061	$ 153,474	$ (39,299,754)	$ (7,513,481)
Balance, shares at Jun. 30, 2017	16,109,036	(321,569)

Statement of Stockholders' Equ7

Statement of Stockholders' Equity (Deficit) (Parenthetical)	Sep. 28, 2015shares
Statement of Stockholders' Equity [Abstract]
Cancellation shares	25,510

Nature of Business

Nature of Business	12 Months Ended
	Jun. 30, 2017
Accounting Policies [Abstract]
Nature of Business	NOTE 1 NATURE OF BUSINESS PHI Group, Inc. (the “Company” or “PHI”) is engaged in mergers and acquisitions as a principal ( www.phiglobal.com www.phicapitalholdings.com Originally incorporated on June 8, 1982 as JR Consulting, Inc., a Nevada corporation, the Company applied for a Certificate of Domestication and filed Articles of Domestication to become a Wyoming corporation on September 20, 2017. In the beginning, the Company was foremost engaged in mergers and acquisitions and had an operating subsidiary, Diva Entertainment, Inc., which operated two modeling agencies, one in New York and one in California. Following the business combination with Providential Securities, Inc., a California-based financial services company, the Company changed its name to Providential Securities, Inc., a Nevada corporation, in January 2000. The Company then changed its name to Providential Holdings, Inc. in February 2000. In October 2000, Providential Securities withdrew its securities brokerage membership and ceased its financial services business. Subsequently, in April 2009, the Company changed its name to PHI Group, Inc. From October 2000 to October 2011, the Company and its subsidiaries were engaged in mergers and acquisitions advisory and consulting services, real estate and hospitality development, mining, oil and gas, telecommunications, technology, healthcare, private equity, and special situations. In October 2011, the Company discontinued the operations of Providential Vietnam Ltd., Philand Ranch Limited, a United Kingdom corporation (together with its subsidiaries Philand Ranch - Singapore, Philand Corporation - US, and Philand Vietnam Ltd. - Vietnam), PHI Gold Corporation (formerly PHI Mining Corporation, a Nevada corporation), and PHI Energy Corporation (a Nevada corporation), and mainly focused on acquisition and development opportunities in energy and natural resource businesses. At the present, the Company is engaged in mergers and acquisitions as a principal and investments in natural resources, energy, agriculture, healthcare, pharmaceuticals, biotechnology and special situations. In addition, PHI Capital Holdings, Inc., a wholly owned subsidiary of PHI, continues to provide corporate and project finance services, including merger and acquisition (M&A) advisory and consulting services for other companies in a variety of industries.

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Jun. 30, 2017
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	NOTE 2 PRINCIPLES OF CONSOLIDATION The consolidated financial statements include the accounts of PHI Group, Inc., its wholly owned subsidiaries PHI Capital Holdings, Inc., Abundant Farms, Inc., American Pacific Resources, Inc., and PHI Group Regional Center, LLC as well as its discontinued operations Providential Securities, Inc., PHI Energy Corporation, PHI Gold Corp, Providential Vietnam Ltd. and Philand Ranch Limited (including its 100% owned subsidiary Philand Corporation and Philand Vietnam Ltd), Omni Resources, Inc., and Cornerstone Biomass Corp., collectively referred to as the “Company.” All significant inter-company transactions have been eliminated in consolidation. USE OF ESTIMATES The preparation of consolidated financial statements in conformity with accounting principles generally accepted in the United States of America 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. CASH AND CASH EQUIVALENTS The Company considers all liquid investments with a maturity of three months or less from the date of purchase that are readily convertible into cash to be cash equivalents. MARKETABLE SECURITIES The Company’s securities are classified as available-for-sale and, as such, are carried at fair value. Securities classified as available-for-sale may be sold in response to changes in interest rates, liquidity needs, and for other purposes. Each investment in marketable securities typically represents less than twenty percent (20%) of the outstanding common stock and stock equivalents of the investee, and each security is quoted on a national exchange or on the OTC Markets. As such, each investment is accounted for in accordance with the provisions of ASC 320 (previously SFAS No. 115). Unrealized holding gains and losses for available-for-sale securities are excluded from earnings and reported as a separate component of stockholder’s equity. Realized gains and losses for securities classified as available-for-sale are reported in earnings based upon the adjusted cost of the specific security sold. On June 30, 2017 and 2016 the marketable securities have been recorded at $502,696 and $481,120, respectively based upon the fair value of the marketable securities at that time. ACCOUNTS RECEIVABLE Management reviews the composition of accounts receivable and analyzes historical bad debts. As of June 30, 2017, the Company had no accounts receivable. IMPAIRMENT OF LONG-LIVED ASSETS Effective January 1, 2002, the Company adopted ASC 350 (Previously SFAS 144, “Accounting for the Impairment or Disposal of Long-Lived Assets”), which addresses financial accounting and reporting for the impairment or disposal of long-lived assets and supersedes SFAS No. 121, “Accounting for the Impairment of Long-Lived Assets and for Long-Lived Assets to be Disposed Of,” and the accounting and reporting provisions of APB Opinion No. 30, “Reporting the Results of Operations for a Disposal of a Segment of a Business.” The Company periodically evaluates the carrying value of long-lived assets to be held and used in accordance with ASC 350. ASC 350 requires impairment losses to be recorded on long-lived assets used in operations when indicators of impairment are present and the undiscounted cash flows estimated to be generated by those assets are less than the assets’ carrying amounts. In that event, a loss is recognized based on the amount by which the carrying amount exceeds the fair market value of the long-lived assets. Loss on long-lived assets to be disposed of is determined in a similar manner, except that fair market values are reduced for the cost of disposal. PROPERTY AND EQUIPMENT Property and equipment are stated at cost. Maintenance and repair costs are charged to expense as incurred; costs of major additions and betterments are capitalized. When property and equipment are sold or otherwise disposed of, the cost and related accumulated depreciation are eliminated from the accounts and any resulting gain or loss is reflected in income. Depreciation is computed using the straight-line method over the estimated useful lives of the assets, ranging from three to ten years. DEPRECIATION AND AMORTIZATION The cost of property and equipment is depreciated over the estimated useful lives of the related assets. Depreciation and amortization of fixed assets are computed on a straight-line basis. NET EARNINGS (LOSS) PER SHARE The Company adopted the provisions of ASC 260 (previously SFAS 128). ASC 260 eliminates the presentation of primary and fully diluted earnings per share (“EPS”) and requires presentation of basic and diluted EPS. Basic EPS is computed by dividing income (loss) available to common stockholders by the weighted-average number of common shares outstanding for the period. Diluted EPS is based on the weighted-average number of shares of common stock outstanding for the period and common stock equivalents outstanding at the end of the period. The net earnings (loss) per share is computed as follows: 2017 2016 Basic and diluted net loss per share: Numerator: Net income (loss) $ (1,560,718 ) $ (7,998 ) Denominator: Basic weighted average number of common shares outstanding 15,553,354 5,324,120 Basic net income (loss) per share $ (0.10 ) $ (0.00 ) Diluted weighted average number of common shares outstanding 15,553,354 5,324,120 Diluted net income (loss) per share $ (0.10 ) $ (0.00 ) STOCK-BASED COMPENSATION Effective July 1, 2006, the Company adopted ASC 718-10-25 (previously SFAS 123R) and accordingly has adopted the modified prospective application method. Under this method, ASC 718-10-25 is applied to new awards and to awards modified, repurchased, or cancelled after the effective date. Additionally, compensation cost for the portion of awards that are outstanding as of the date of adoption for which the requisite service has not been rendered (such as unvested options) is recognized over a period of time as the remaining requisite services are rendered. FAIR VALUE OF FINANCIAL INSTRUMENTS Fair Value - Definition and Hierarchy Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. Assets and liabilities measured at fair value are categorized based on whether or not the inputs are observable in the market and the degree that the inputs are observable. The categorization of financial assets and liabilities within the valuation hierarchy is based upon the lowest level of input that is significant to the fair value measurement. A fair value hierarchy for inputs is used in measuring fair value that maximizes the use of observable inputs and minimizes the use of unobservable inputs by requiring that the most observable inputs are to be used when available. Valuation techniques that are consistent with the market or income approach are used to measure fair value. The fair value hierarchy is categorized into three levels based on the inputs as follows: Level Level Level 3 Fair value is a market-based measure, based on assumptions of prices and inputs considered from the perspective of a market participant that are current as of the measurement date, rather than an entity-specific measure. Therefore, even when market assumptions are not readily available, the Company’s own assumptions are set to reflect those that market participants would use in pricing the asset or liability at the measurement date. The availability of valuation techniques and observable inputs can vary from investment to investment and are affected by a wide variety of factors, including; type of investment, whether the investment is new and not yet established in the marketplace, the liquidity of markets, and other characteristics particular to the transaction. To the extent that valuation is based upon models or inputs that are less observable or unobservable in the market, the determination of fair value requires more judgment. Because of the inherent uncertainty of valuation, those estimated values may be materially higher or lower than the values that would have been used had a ready market for the investments existed. Accordingly, the degree of judgment exercised by the Fund in determining fair value is greatest for investments categorized in Level 3. In certain cases, the inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, the level in the fair value hierarchy in which the fair value measurement falls in its entirety is determined based upon the lowest level input that is significant to the fair value measurement. Fair Value - Valuation Techniques and Inputs The Company holds and may invest public securities traded on public exchanges or over-the-counter (OTC), private securities, real estate, convertible securities, interest bearing securities and other types of securities and has adopted specific techniques for their respective valuations. Equity Securities in Public Companies Unrestricted The Company values investments in securities that are freely tradable and listed on major securities exchanges at their last reported sales price as of the valuation date. To the extent these securities are actively traded and valuation adjustments are not applied, they are categorized in Level 1 of the fair value hierarchy. Securities traded on inactive markets or valued by reference to similar instruments are generally categorized in Level 2 or 3 of the fair value hierarchy. Restricted Securities traded on public exchanges or over-the-counter (OTC) where there are formal restrictions that limit (i.e. Rule 144 holding periods and underwriter’s lock-ups) their sale shall be valued at the closing price on the date of valuation less applicable discounts. The Company may apply a discount to securities with Rule 144 restrictions. Additional discounts may be assessed if the Company believes there are other mitigating factors which warrant the additional discounting. When determining potential additional discounts, factors that will be taken into consideration include, but are not limited to; securities’ trading characteristics, volume, length and overall impact of the restriction as well as other macro-economic factors. Valuations should be discounted appropriately until the securities may be freely traded. If it has been determined that the exchange or OTC listed price does not accurately reflect fair market value, the Company may elect to treat the security as a private company and apply an alternative valuation method. Investments in restricted securities of public companies may be included in Level 2 of the fair value hierarchy. However, to the extent that significant inputs used to determine liquidity discounts are not observable, investments in restricted securities in public companies may be categorized in Level 3 of the fair value hierarchy. The Company's financial instruments primarily consist of cash and cash equivalents, accounts receivable, marketable securities, short-term notes payable, convertible notes, derivative liabilities and accounts payable. As of the balance sheet dates, the estimated fair values of the financial instruments were not materially different from their carrying values as presented on the balance sheet. This is primarily attributed to the short maturities of these instruments. Effective July 1, 2008, the Company adopted ASC 820 (previously SFAS 157), Fair Value Measurements Assets measured at fair value on a recurring basis are summarized below. The Company also has convertible notes and derivative liabilities as disclosed in this report that are measured at fair value on a regular basis until paid off or converted into common stock of the Company. Available-for-sale securities Securities available for sale Level 1 Level 2 Level 3 Total June 30, 2017 $ - $ 210,646 $ 292,050 $ 502,696 June 30, 2016 $ - $ 60,054 $ 323,717 $ 383,770 The Company uses various approaches to measure fair value of available-for-sale securities, while applying the three-level valuation hierarchy for disclosures, specified in ASC 820. Our Level 1 securities were measured using the quoted prices in active markets for identical assets and liabilities. The company’s policy regarding the transfers in and/or out of Level 3 depends on the trading activity of the security, the volatility of the security, and other observable units which clearly represents the fair value of the security. If a level 3 security can be measured using a more fairly represented fair value, we will transfer these securities either into Level 1 or Level 2, depending on the type of inputs. REVENUE RECOGNITION The Company’s revenue recognition policies are in compliance with ASC 13 (previously Staff accounting bulletin (SAB) 104). The Company recognizes consulting and advisory fee revenues when the transaction is completed and the service fees are earned. Expenses are recognized in the period in which the corresponding liability is incurred. Payments received before all of the relevant criteria for revenue recognition are recorded as unearned revenue. ADVERTISING The Company expenses advertising costs as incurred. Advertising costs for the years ended June 30, 2017 and 2016 were $31,413 and $79,072, respectively. The decrease in advertising expenses in the current year is primarily due to a reduction of $35,500 in investor relations expenses during the fiscal year ended June 30, 2017, as compared to the previous fiscal year. COMPREHENSIVE INCOME (LOSS) ASC 220-10-45 (previously SFAS 130, Reporting Comprehensive Income) establishes standards for reporting and display of comprehensive income, its components and accumulated balances. Comprehensive income is defined to include all changes in equity, except those resulting from investments by owners and distributions to owners. Among other disclosures, SFAS No. 130 requires that all items that are required to be recognized under current accounting standards as components of comprehensive income be reported in a financial statement that is displayed with the same prominence as other financial statements. As of June 30, 2017 and 2016, respectively, accumulated other comprehensive incomes of $153,474 and $30,263 are presented on the accompanying consolidated balance sheets. INCOME TAXES The Company accounts for income taxes in accordance with ASC 740 (previously SFAS No. 109, “Accounting for Income Taxes”). Deferred taxes are provided on the liability method whereby deferred tax assets are recognized for deductible temporary differences, and deferred tax liabilities are recognized for taxable temporary differences. Temporary differences are the differences between the reported amounts of assets and liabilities and their tax bases. Deferred tax assets are reduced by a valuation allowance when, in the opinion of management, it is more likely than not that some portion or all of the deferred tax assets will not be realized. Deferred tax assets and liabilities are adjusted for the effects of changes in tax laws and rates on the date of enactment. REPORTING OF SEGMENTS ASC 280 (previously Statement of Financial Accounting Standards No. 131, Disclosures about Segments of an Enterprise and Related Information), which supersedes Statement of Financial Accounting Standards No. 14, Financial Reporting for Segments of a Business Enterprise, establishes standards for the way that public enterprises report information about operating segments in annual financial statements and requires reporting of selected information about operating segments in interim financial statements regarding products and services, geographic areas and major customers. ASC 280 defines operating segments as components of an enterprise about which separate financial information is available that is evaluated regularly by the chief operating decision maker in deciding how to allocate resources and in assessing performance. The Company operated in one segment that generated revenues during the years ended June 30, 2017 and 2016. RISKS AND UNCERTAINTIES In the normal course of business, the Company is subject to certain risks and uncertainties. The Company provides its service and receives marketable securities upon execution of transactions. Consequently, the value of the securities received from customers can be affected by economic fluctuations and each customer’s business growth. The actual realized value of these securities could be significantly different than recorded value. RECENT ACCOUNTING PRONOUNCEMENTS Update No. 2013-11—Income Taxes (Topic 740): Presentation of an Unrecognized Tax Benefit When a Net Operating Loss Carryforward, a Similar Tax Loss, or a Tax Credit Carryforward Exists July 2013 Effective for fiscal years, and interim periods within those years, beginning after December 15, 2013. For nonpublic entities, the amendments are effective for fiscal years, and interim periods within those years, beginning after December 15, 2014. Early adoption is permitted. Update No. 2013-09— Fair Value Measurement (Topic 820): Deferral of the Effective Date of Certain Disclosures for Nonpublic Employee Benefit Plans in Update No. 2011-04 July 2013 The deferral in this amendment is effective upon issuance for financial statements that have not been issued. Update No. 2013-07— Presentation of Financial Statements (Topic 205): Liquidation Basis of Accounting April 2013 Effective for entities that determine liquidation is imminent during annual reporting periods beginning after December 15, 2013. Early adoption is permitted. Update No. 2013-04— Liabilities (Topic 405): Obligations Resulting from Joint and Several Liability Arrangements for Which the Total Amount of the Obligation Is Fixed at the Reporting Date February 2013 Effective for fiscal years, and interim periods within those years, beginning after December 15, 2013. For nonpublic entities, the amendments are effective for fiscal years ending after December 15, 2014, and interim periods and annual periods thereafter. Update 2013-02— Comprehensive Income (Topic 220): Reporting of Amounts Reclassified Out of Accumulated Other Comprehensive Income February 2013 For public entities, the amendments are effective prospectively for reporting periods beginning after December 15, 2012. For nonpublic entities, the amendments are effective prospectively for reporting periods beginning after December 15, 2013. Early adoption is permitted. Update 2013-01— Balance Sheet (Topic 210): Clarifying the Scope of Disclosures about Offsetting Assets and Liabilities January 2013 An entity is required to apply the amendments for fiscal years beginning on or after January 1, 2013, and interim periods within those annual periods. An entity should provide the required disclosures retrospectively for all comparative periods presented. The effective date is the same as the effective date of Update 2011-11. The Company has either evaluated or is currently evaluating the implications, if any, of each of these pronouncements and the possible impact they may have on the Company’s financial statements. In most cases, management has determined that the pronouncement has either limited or no application to the Company and, in all cases, implementation would not have a material impact on the financial statements taken as a whole.

Loans Receivable

Loans Receivable	12 Months Ended
	Jun. 30, 2017
Receivables [Abstract]
Loans Receivable	NOTE 3 Loans receivable consist of the following at June 30, 2017 and 2016: Loans Receivable June 30, 2017 June 30, 2016 Loan to Myson Group, Inc. $ - $ 2,282 Total $ - $ 2,282

Other Assets

Other Assets	12 Months Ended
	Jun. 30, 2017
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Other Assets	NOTE 4 The Other Assets comprise of the following as of June 30, 2017 and 2016: 2017 2016 Other Receivable $ - $ 66,955 Deposit for purchases $ - $ 75,000 Total Other Assets $ - $ 141,955 During the year ended June 30, 2011, the Company signed a consulting agreement to assist Agent155 Media Corp., a Delaware corporation, with respect to its corporate restructuring and business combination with Freshwater Technologies, Inc., a Nevada corporation. As part of the restructuring requirements, the Company made payment to Manning Elliot LLP in the amount of $24,476 on behalf of Freshwater Technologies, Inc. and other loan amounts to Agent155 Media Corp. During the fiscal year ended June 30, 2014, the President of Agent155 Media Corp. assumed the balance of $66,955 from Agent155 Media Corp. as his personal obligations to the Company. On July 17, 2015, the Company made an advance payment of $75,000 to Asia Green Corporation, a Nevada corporation, for a total of 500,000 shares of common stock of Asia Green Corporation. As of June 30, 2017, the Company wrote off the total amount owed by Christopher Martinez and the deposit for purchase totaling $141,955.

Marketable Equity Securities Av

Marketable Equity Securities Available for Sale	12 Months Ended
	Jun. 30, 2017
Investments, Debt and Equity Securities [Abstract]
Marketable Equity Securities Available for Sale	NOTE 5 MARKETABLE EQUITY SECURITIES AVAILABLE FOR SALE The Company’s marketable securities are classified as available-for-sale and, as such, are carried at fair value. All of the securities are comprised of shares of common stock of the investee. Securities classified as available-for-sale may be sold in response to changes in interest rates, liquidity needs, and for other purposes. Each investment in marketable securities represents less than twenty percent (20%) of the outstanding common stock and stock equivalents of the investee, and each security is nationally quoted on the National Association of Securities Dealers OTC Bulletin Board (“OTCBB”) or the OTC Markets. As such, each investment is accounted for in accordance with the provisions of SFAS No. 115. Marketable securities owned by the Company and classified as available for sale as of June 30, 2017 consisted of 33,975,106 shares of Myson Group, Inc. (formerly Vanguard Mining Corporation) and 292,050,000 shares of Sports Pouch Beverage Company, both public companies traded on the a public company traded on the OTC Markets (Trading symbols MYSN and SPBV, respectively). The fair value of the marketable securities recorded as of June 30, 2017 was $502,696. Securities available for sale Level 1 Level 2 Level 3 Total June 30, 2017 - $ 210,646 $ 292,050 $ 502,696 June 30, 2016 $ - $ 60,054 $ 323,717 $ 383,770 During the fiscal year ended June 30, 2017, there was no transfer of securities from level 3 to level 2.

Properties and Equipment

Properties and Equipment	12 Months Ended
	Jun. 30, 2017
Fixed assets:
Properties and Equipment	NOTE 6 During the fiscal year ended June 30, 2017, the Company sold ten acres of land, Parcel Identification Numbers 09705010180 & 190, in Suwannee County, Florida, and as of June 30, 2017 the Company did not have any property or equipment.

Discontinued Operations

Discontinued Operations	12 Months Ended
	Jun. 30, 2017
Discontinued Operations and Disposal Groups [Abstract]
Discontinued Operations	NOTE 7 As of June 30, 2012, the Company decided to recognize the businesses of PHI Gold Corp. (formerly PHI Mining Corporation), Providential Vietnam Ltd., PHI Energy Corp., and Philand Ranch Ltd., a United Kingdom corporation, together with its wholly-owned subsidiaries Philand Corporation (USA), Philand Ranch Ltd. (Singapore) and Philand Vietnam Ltd. as discontinued operations for practical business and accounting purposes. As of June 30, 2013, the Company recorded a total of $2,234,327 for the liabilities and potential liability contingencies and wrote off all non-performing assets associated with these discontinued operations. As of June 30, 2017, the Company had a balance of $1,040,037 as Long-term Liabilities from Discontinued Operations.

Accounts Payable and Accrued Ex

Accounts Payable and Accrued Expenses	12 Months Ended
	Jun. 30, 2017
Payables and Accruals [Abstract]
Accounts Payable and Accrued Expenses	NOTE 8 The accounts payable and accrued expenses at June 30, 2017 and 2016 consist of the following: Accounts Payable and Accrued Expenses June 30, 2017 June 30, 2016 Accounts payable $ 159,875 $ 144,212 Accrued salaries and payroll taxes $ 1,462,836 $ 1,090,279 Accrued interest $ 2,715,963 $ 2,879,655 Accrued legal expenses $ 172,091 $ 172,091 Accrued consulting fees $ 173,870 $ 173,870 Other accrued expenses $ 26,888 $ 26,888 Total $ 4,711,523 $ 4,486,995

Due to Officers and Directors

Due to Officers and Directors	12 Months Ended
	Jun. 30, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Due to Officers and Directors	NOTE 9 Due to officer, represents loans and advances made by officers and directors of the Company and its subsidiaries, unsecured and due on demand. During the fiscal year ended June 30, 2017, Henry Fahman converted $250,000 into 2,500,000 shares of restricted common stock of the Company valued at $0.10 per share. In addition, the Company also repaid Frank Hawkins $7,500 in cash. As of June 30, 2017 and 2016, the balances were $592,141 and $899,674, respectively. Officers/Directors June 30, 2017 June 30, 2016 Henry Fahman 511,291 811,324 Tam Bui 63,350 63,350 Frank Hawkins 5,000 12,500 Lawrence Olson 12,500 12,500 Total $ 592,141 $ 899,674

Loans and Promissory Notes

Loans and Promissory Notes	12 Months Ended
	Jun. 30, 2017
Debt Disclosure [Abstract]
Loans and Promissory Notes	NOTE 10 SHORT TERM NOTES PAYABLE: In the course of its business, the Company has obtained short-term loans from individuals and institutional investors and from time to time raised money by issuing restricted common stock of the Company under the auspices of Rule 144. As of June 30, 2017, the Company reclassified $614,390 from short-term notes payable with accrued interest of $2,303,163 to long-term liabilities, as compared to short-term notes payable of $673,660 with accrued interest of $2,879,655 as of June 30, 2016, respectively. These notes bear interest rates ranging from 0% to 36% per annum. CONVERTIBLE PROMISSORY NOTES: On February 29, 2016, the Company issued a convertible promissory note in the amount of $56,750 to Auctus Fund, LLC, a Delaware limited liability company. This convertible note is due and payable on November 29, 2016 with interest of 10% per annum. This note is convertible at the election of Auctus Fund, LLC from time to time after the issuance date. In the event of default, the amount of principal and interest not paid when due bear interest at the rate of 24% per annum and the note becomes immediately due and payable. Should an event of default occur, the Company is liable to pay 150% of the then outstanding principal and interest. The note agreement contains covenants requiring Auctus Fund’s written consent for certain activities not in existence or not committed to by the Company on the issuance date of the note, as follows: dividend distributions in cash or shares, stock repurchases, borrowings, sale of assets, certain advances and loans in excess of $100,000, and certain guarantees with respect to preservation of existence of the Company and non-circumvention. Outstanding note principal and interest accrued thereon can be converted in whole, or in part, at any time by Asher after the issuance date into an equivalent of the Company’s common stock determined by 55% of the average of the two lowest closing trading prices of the Company’s common stock during the twenty (20) trading days prior to the date the of the note. The Company may prepay the amounts outstanding to Auctus Fund at any time up to the 180 th plus plus During the fiscal year ended June 30, 2017, the Company issued the following convertible promissory notes to various private investment funds: On July 20, 2016, the Company issued a convertible promissory note in the amount of $50,000 to EMA Financial, LLC, a Delaware limited liability company. The note has a coupon rate of 10%, matures in one year and is convertible to Common Stock of the Company at a conversion price equals the lower of: (i) the closing sale price of the Common Stock on the Principal Market on the Trading immediately preceding the Closing Date of this note, and (ii) 55% of the lowest sale price for the Common Stock on the Principal Market during the twenty (20) consecutive Trading Days immediately preceding the Conversion Date. The note may be prepaid at 130% - 145% of outstanding principal and interest up to 180 days. This note was paid off in full as of March 08, 2017. On August 16, 2016, the Company issued a convertible promissory note in the amount of $56,750 to Auctus Fund, LLC, a Delaware limited liability company. The note has a coupon rate of 10%, matures on May 16, 2017 and is convertible to Common Stock of the Company at a conversion price equals the lower of: (i) 50% multiplied by the average of the two lowest Trading Price during the previous twenty-five Trading Day period ending on the latest complete Trading Date prior to the date of this note and (ii) 50% multiplied by the average of the two lowest Trading Prices for the Common Stock during the twenty-five Trading Day period ending on the latest complete Trading Day prior to the Conversion Date. The note may be prepaid at 135% - 150% of outstanding principal and interest up to 180 days. This note was paid off in full as of April 6, 2017. On December 15, 2016, the Company issued a convertible promissory note in the amount of $32,000 to Power Up Lending Group. The note has a coupon rate of 8%, matures on September 30, 2017 and is convertible (after 180 days) to Common Stock of the Company at a conversion price equals to 58% multiplied by the average of the two lowest trading prices during the previous ten trading day period ending on the latest complete trading date prior to the conversion date; and the note may be prepaid at 150% of outstanding principal and interest up to 180 days. This note was paid off by conversions into shares of Common Stock of the Company as of July 21, 2017. On February 2, 2017, the Company issued a convertible promissory note in the amount of $33,734.68 to JSJ Investments Inc. for the assignment of a portion of principal amount and accrued interest of the EMA Financial, LLC convertible promissory note dated July 20, 2016. This note was converted into 657,169 shares of common stock of the Company by JSJ Investments, Inc. on February 7, 2017. On February 2, 2017, the Company issued a convertible promissory note in the amount of $42,000 to JSJ Investments Inc. with an interest rate of 10%, convertible to common stock at 45% discount. The maturity date of this note is 11/2/2017. On August 1, 2017, the Company paid $31,462.60 to JSJ Investments for one half of the principal of the note, one half of the prepayment premium and one half of the accrued and unpaid interest. As of September 30, 2017, the unpaid principal balance was $21,000. On February 23, 2017, the Company issued a new convertible promissory note to Power Up Lending Group for $28,000, with an interest rate of 8% and convertible to Common Stock of the Company at 45% discount. The maturity date of this note is 11/30/2017. On August 14, 2017, the Company paid a total of $43,024.88 to Power Up Lending Group, which amount included the principal, prepayment premium and accrued interest. This note was paid off in full as of August 14, 2017. On March 3, 2017, the Company issued a new convertible promissory note to Auctus Fund, LLC for $75,000, with an interest rate of 10% and convertible to Common Stock of the Company at 50% discount. The maturity date of this note is 12/3/2017. On September 9, 2017, the Company paid Auctus Fund, LLC $39,308.22, which amount included one third of the principal, one third of prepayment premium and one third of accrued interest. As of September 30, 2017, the unpaid principal of the note was $50,000. On April 4, 2017, the Company issued a new convertible promissory note to EMA Financial LLC for $50,000, with an interest rate of 10% and convertible to Common Stock of the Company at 50% discount. The maturity date of this note is 4/4/2018. On April 5, 2017, the Company issued a new convertible promissory note to JSJ Investments, Inc. for $40,000, with an interest rate of 10% and convertible to Common Stock of the Company at 45% discount. The maturity date of this note is 1/5/2018. On April 12, 2017, the Company issued a new convertible promissory note to Power Up Lending Group for $33,500, with an interest rate of 12% and convertible to Common Stock of the Company at 42% discount. The maturity date of this note is 1/25/2018. On June 9, 2017, the Company issued a new convertible promissory note to Crown Bridge Partners LLC for $35,000, with an interest rate of 5% and convertible to Common Stock of the Company at 50% discount. The maturity date of this note is June 9, 2018. As of June 30, 2017, the principal balance of the outstanding convertible notes was $364,098 and the value of the derivative liability was $452,441. The Company relies on professional third-party valuation to record the value of derivative liability, discount, and change in fair value of derivatives in connection with these convertible notes and warrants, if any, that are related to the convertible notes. The Company intends and prefers to repay these notes in cash as much as practical.

Long-Term Liabilities

Long-Term Liabilities	12 Months Ended
	Jun. 30, 2017
Debt Disclosure [Abstract]
Long-Term Liabilities	NOTE 11 DUE TO PREFERRED STOCKHOLDERS As of June 30, 2017, the Company re-classified $215,000 of preferred stock subscribed as Long-term Liabilities payable to holders of preferred stock of Providential Securities, Inc., a previous subsidiary of the Company that was discontinued in the year 2000. In the early 2000’s, the Company had made an offer for these preferred stockholders to receive shares of common stock in the Company in exchange for the preferred shares in the discontinued subsidiary but only a small number of the preferred shareholders responded and accepted the offer. In more recent years, the Company has also attempted to contact these preferred shareholders from time to time but have not received further response from them. The Company has continued to accrue imputed interest expenses on the balance of $215,000 on a periodic basis. As of June 30, 2017 and June 30, 2016, $438,600 and $413,255 have been included on the balance sheets as accrued interest in connection with preferred stock liabilities, respectively. ADVANCES FROM CUSTOMERS As of September 30, 2012, the Company reclassified the previously recorded Unearned Revenues as Advances from Customers because the Company was not able to complete the consulting services for the related client due to its inability to provide GAAP-compliant audited financial statements in order to file a registration statement with the Securities and Exchange Commission. As of June 30, 2017, the Company recorded $288,219 of Advances from Customers as a Long-term Liability. OTHER LONG-TERM LIABILITIES As of June 30, 2017, the Company reclassified $26,888 of Other Accrued Expense, $172,091 of Accrued Legal Fees, $1,089,987 of Accrued Salaries and Payroll Taxes, $173,870 of Consulting Fees, $2,303,163 of Accrued Interest on Notes Payable, $954,337 from Discontinued Operations, and $85,700 of Contingent Liabilities from Short-term Liabilities to Long-term Liabilities because these items have been more than two years old.

Litigation

Litigation	12 Months Ended
	Jun. 30, 2017
Commitments and Contingencies Disclosure [Abstract]
Litigation	NOTE 12 LEGAL PROCEEDING SETTLED AND UNPAID AS OF JUNE 30, 2016: QUANG VAN CAO AND NHAN THI NGUYEN CAO VS. PROVIDENTIAL SECURITIES, INC. ET AL. This case was originally submitted to Orange County Superior Court, CA on June 25, 1997, Case No. 781121, and subsequently moved to NASD Dispute resolution for arbitration. On or about August 24, 2000, the Company’s legal counsel negotiated with the Claimant’s counsel and unilaterally reached a settlement that had not been approved by the Company. While the Company was in the process of re-negotiating the terms of said settlement, the Claimants filed a request for arbitration hearing before the National Association of Securities Dealers on October 4, 2000, Case No. 99-03160. Thereafter, the Claimants filed a complaint with the Orange County Superior Court, CA on October 31, 2000, Case No. 00CC13067 for alleged breach of contract for damages in the sum of $75,000 plus pre-judgment interest, costs incurred in connection with the complaint, and other relief. Without admitting or denying any allegations, the Company reached a settlement agreement with the Claimants whereby the Company would pay the Claimants a total of $62,500 plus $4,500 in administrative costs. As the date of this report, the Company has paid $2,500 and is subject to an entry of judgment for $79,000. In May 2011, the Claimants filed an application for and renewal of judgment for a total of $140,490.78. As of June 30, 2017 the Company accrued $172,091 for potential liabilities in connection with this case in the accompanying consolidated financial statements. WILLIAM DAVIDSON VS. DOAN ET AL. On or about February 01, 2010, the company was notified of a suit that was filed with the Superior Court of the State of California for the County of Los Angeles on November 24, 2009 by William Davidson, an individual against Martin Doan, Henry Fahman, Benjamin Tran, HRCiti Corporation, and Providential Capital, Inc. (collectively referred to as “Defendants” - Case No. BC 426831). Plaintiff demanded an amount of not less than $140,000.00 from Defendants for promissory notes outstanding between Plaintiff and the company. On July 09, 2012 William Davidson and PHI Capital Holdings, Inc. (formerly Providential Capital, Inc.), a subsidiary of the Company, reached a settlement agreement with respect to whereby PHI Capital agreed to pay William Davidson a total of $200,000 over a period of nineteen months beginning September 1, 2012. Since November 30, 2012, William Davidson has converted portions of the total amount into common stock of PHI Group, Inc. in lieu of cash payment. The Company has accrued $90,000 as the required liability associated with the balance of these notes in the accompanying consolidated financial statements as of June 30, 2017.

Payroll Liabilities

Payroll Liabilities	12 Months Ended
	Jun. 30, 2017
Payroll Liabilities
Payroll Liabilities	NOTE 13 The payroll liabilities are accrued and recorded as accrued expenses in the consolidated balance sheet. During the quarter ended June 30, 2014, the Company paid $41,974.22 to the Internal Revenue Service and $ 19,289.94 to the State of California Employment Development Department towards the balance of $118,399 of payroll tax, penalties and interest claimed by these agencies. The Company plans to resolve the remaining balances with the Internal Revenue Service and the State of California Employment Department by June 30, 2018.

Basic and Diluted Net Loss Per

Basic and Diluted Net Loss Per Share	12 Months Ended
	Jun. 30, 2017
Earnings Per Share [Abstract]
Basic and Diluted Net Loss Per Share	NOTE 14 Net loss per share is calculated in accordance with SFAS No. 128, “Earnings per Share”. Under the provision of SFAS No. 128, basic net loss per share is computed by dividing the net loss for the period by the weighted-average number of common shares outstanding for the period. Diluted EPS is based on the weighted-average number of shares of common stock outstanding for the period and common stock equivalents outstanding at the end of the period. Basic and diluted weighted average numbers of shares for the year ended June 30, 2017 were the same since the inclusion of Common stock equivalents is anti-dilutive.

Stockholder's Equity

Stockholder's Equity	12 Months Ended
	Jun. 30, 2017
Equity [Abstract]
Stockholder's Equity	NOTE 15 STOCKHOLDER’S EQUITY As of June 30, 2017, the total number of authorized capital stock of the Company was 1,000,000,000 shares with a par value of $0.001 per share, consisting of 900,000,000 shares of voting Common Stock with a par value of $0.001 per share and 100,000,000 shares of Preferred Stock with a par value of $0.001 per share. The rights and terms associated with the Preferred Stock will be determined by the Board of Directors of the Company. Treasury Stock: The balance of treasury stock as of June 30, 2017 was 321,569 shares valued at $40,908 based on cost basis. Common Stock: Since July 1, 2016, the Company has issued the following amounts of its Common Stock: On July 29, 2016, the Company issued 225,00 shares of PHI Group, Inc.’s restricted Common Stock valued at $0.40 per share to Milost Advisors, Inc. for buy-side advisory services in connection with contemplated acquisitions of target companies in South Africa and North America. These shares were later cancelled on June 28, 2017. On August 29, 2016, the Company issued 48,930 shares of PHI Group, Inc.’s restricted Common Stock to an investor under the auspices of Rule 144 for $20,000 in cash, at the price of $0.4088 per share. On August 30, 2016, Auctus Fund, LLC converted the principal amount of $56,750 for the convertible promissory note dated February 29, 2016 and $2,829.76 in accrued interest, totaling $59,579.76, into 529,598 shares of free-trading stock of the Company. On October 30, 2016, the Company issued 200,000 shares of PHI Group, Inc.’s restricted Common Stock to two independent consultants for consulting services at the price of $0.25 per share. On December 5, 2016, Rev. Thuong Le, a creditor of the Company, converted $150,000 in accrued interest into 606,060 shares of Common Stock of the Company. On December 22, 2016, Henry Fahman, Chairman and Chief Executive of the Company, converted $250,000 from the balance of Loans from Officers to 2,500,000 restricted shares of Common Stock of the Company. On January 30, 2017, EMA Financial, LLC converted $7,010.50 of the principal amount of the convertible promissory note dated July 20, 2016 into 180,000 shares of Common Stock of the Company. On February 7, 2017, JSJ Investments, Inc. converted $33,734.68 from the Replacement Convertible Note dated February 2, 2017, which replaced the same amount of indebtedness with EMA Financial, LLC, into 657,169 shares of Common Stock of the Company. On February 9, 2017, EMA Financial, LLC converted $7,200 of the principal amount of the convertible promissory note dated July 20, 2016 into 200,000 shares of Common Stock of the Company. On March 08, 2017, EMA Financial, LLC converted $7,867.78 of the principal and accrued interest of the convertible promissory note dated July 20, 2016 into 244,340 shares of Common Stock of the Company. On April 6, 2017, Auctus Fund LLC converted $20,651.71 principal amount of the convertible promissory note dated August 16, 2016 together with $3,498.29 of accrued and unpaid interest thereto, totaling $24,150 into 750,000 shares of Common Stock of the Company. On June 23, 2017, the Company issued 495,441 shares of free-trading Common Stock of PHI Group, Inc. to Power Up Lending Group Ltd., holder of a Convertible Promissory Note dated 12/15/2016 of the Company, for the conversion of $7,500.00 of the principal amount of the Note, at the conversion price of $0.015138 per share. The principal amount of the Note after this conversion was $24,500.00. On June 28, 2017, the Company cancelled 225,000 of Common Stock of PHI Group, Inc. previously issued to Milost Advisors, Inc. for consulting services valued at $90,000.00. On July 05, 2017, the Company issued 740,741 shares of free-trading Common Stock of PHI Group, Inc. to Power Up Lending Group Ltd., holder of a Convertible Promissory Note dated 12/15/2016 of the Company, for the conversion of $10,000.00 of the principal amount of the Note, at the conversion price of $0.0135 per share. The principal amount of the Note after this conversion was $14,500.00. On July 11, 2017, the Company issued 800,000 shares of free-trading Common Stock of PHI Group, Inc. to Auctus Fund LLC, holder of a Convertible Promissory Note dated 8/16/2016 of the Company, for the conversion of $5,152.00, consisting of $3,485.17 principal amount of the Note and $1,666.83 of accrued and unpaid interest thereto, at the conversion price of $0.00644 per share. The principal amount of the Note after this conversion was $32,613.12. Subsequently, on July 24, 2017, the Company paid a total of $49,530.72 to Auctus Fund LLC, consisting of $32,613.12 principal amount and the balance in pre-payment premium and accrued and unpaid interest in connection with the Convertible Promissory Note dated 8/16/16. This note was paid in full and the principal balance due remaining and accrued and unpaid interest remaining after this payment was $0.00. On July 17, 2017, the Company issued 880,000 shares of free-trading Common Stock of PHI Group, Inc. to Power Up Lending Group Ltd., holder of a Convertible Promissory Note dated 12/15/2016 of the Company, for the conversion of $7,920.00 of the principal amount of the Note, at the conversion price of $0.009 per share. On July 21, 2017, the Company issued 1,019,872 shares of free-trading Common Stock of PHI Group, Inc. to Power Up Lending Group Ltd., holder of a Convertible Promissory Note dated 12/15/2016 of the Company, for the conversion of $7,955.00, consisting of $6,580 principal amount of the Note and $1,375.00 of accrued and unpaid interest thereto, at the conversion price of $0.0078 per share. The principal balance due remaining and accrued and unpaid interest remaining after this conversion was $0.00. On July 25, 2017, Henry Fahman, Chairman and Chief Executive Officer of the Company, converted $300,000 of indebtedness owed by the Company into 20,000,000 shares of restricted common stock of PHI Group, Inc. at the conversion price of $0.015 per share. The conversion into restricted common stock of the Company was effectuated pursuant to the resolutions of the Company’s Board of Directors dated March 12, 2012, June 06, 2012, and November 2, 2012 which remain in full force and effect, allowing creditors of the Company to convert any or all of their outstanding indebtedness and accrued and unpaid interest thereof into shares of common stock of PHI Group, Inc. by relying on the exemption from the registration requirements of the United States Securities Act of 1933, as amended (the “Act”). On July 25, 2017, the Company issued a total of 1,533,333 shares of restricted Common Stock of PHI Group, Inc. pursuant to Rule 144 to two non-US shareholders in connection with private stock purchase agreements dated July 19, 2017 and July 20, 2017, respectively, between these shareholders and the Company, for a total of $23,000.00, at the purchase price of $0.015 per share. As of September 30, 2017, there were 41,082,982 shares of the Company’s common stock issued and outstanding, excluding 5,673,327 shares of common stock that have been set aside for a special dividend distribution. Preferred Stock: Class A Preferred Stock: Class A Preferred Stock 1) Dividends: Each holder of Class A Preferred Stock is entitled to receive twelve percent (12%) non-compounding cumulative dividends per annum, payable semi-annually. 2) Conversion: Each share of the Class A Preferred Stock shall be convertible into the Company’s Common Stock any time after one year from the date of issuance at a Variable Conversion Price (as defined herein) of the Common Stock. The “Variable Conversion Price” shall mean 75% multiplied by the Market Price (as defined herein) (representing a discount rate of 25%). “Market Price” means the average Trading Price for the Company’s Common Stock during the ten (10) trading-day period ending one trading day prior to the date the Conversion Notice is sent by the Holder of the Class A Preferred Stock to the Company via facsimile or email (the “Conversion Date”). “Trading Price” means, for any security as of any date, the closing price on the OTC Markets, OTCQB, NASDAQ Stock Markets, NYSE or applicable trading market as reported by a reliable reporting service (“Reporting Service”) mutually acceptable to the Company and Holder of the Class A Preferred Stock. 3) Redemption Rights: The Company, after a period of two years from the date of issuance, may at any time or from time to time redeem the Class A Preferred Stock, in whole or in part, at the option of the Company’s Board of Directors, at a price equal to one hundred twenty percent (120%) of the original purchase price of the Class A Preferred Stock or of a unit consisting of any shares of Class A Preferred Stock and any warrants attached thereto, plus, in each case, accumulated and unpaid dividends to the date fixed for redemption.

Stock-Based Compensation Plans

Stock-Based Compensation Plans	12 Months Ended
	Jun. 30, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock-Based Compensation Plans	NOTE 16 STOCK-BASED COMPENSATION PLANS On February March 18, 2015, the Company adopted an Employee Benefit Plan to set aside 1,000,000 shares of common stock for eligible employees and independent contractors of the Company and its subsidiaries. As of June 30, 2017 the Company has not issued any stock in lieu of cash under this plan. On September 23, 2016, the Company issued incentive stock options and nonqualified stock options to certain key employee(s) (Henry Fahman – CEO/CFO) and directors (Tam Bui, Henry Fahman, and Frank Hawkins constitute the Board of Directors) as deferred compensation. The options allow the holders to acquire the Company’s Common Stock at the fair exercise price of the Company’s Common Stock on the grant date of each option at $0.24 per share, based on the 10-days’ volume-weighted average price prior to the grant date. The number of options is equal to a total of 6,520,000. The options terminate seven years from the date of grant and become vested and exercisable after one year from the grant date. The following assumptions were used in the Monte Carlo analysis by Doty Scott Enterprises, Inc., an independent valuation firm, to determine the fair value of the stock options: Risk-free interest rate 1.18 % Expected life 7 years Expected volatility 239.3 % Vesting is based on a one-year cliff from grant date. Annual attrition rates were used in the valuation since ongoing employment was condition for vesting the options. The fair value of the Company’s Stock Options as of issuance valuation date is as follows: Holder Issue Date Maturity Date Stock Options Exercise Price Fair Value at Issuance Tam Bui 9/23/2016 9/23/2023 875,000 Fixed price: $0.24 $ 219,464 Frank Hawkins 9/23/2016 9/23/2023 875,000 Fixed price: $0.24 $ 219,464 Henry Fahman 9/23/2016 9/23/2023 4,770,000 Fixed price: $0.24 $ 1,187,984

Gain (Loss) on Settlement of De

Gain (Loss) on Settlement of Debts	12 Months Ended
	Jun. 30, 2017
Gain Loss On Settlement Of Debts
Gain (Loss) on Settlement of Debts	NOTE 17 GAIN (LOSS) ON SETTLEMENT OF DEBTS For the fiscal year ended June 30, 2017, there was a net loss in the amount of $131,818 from conversions of debts into common stock of the Company by creditors.

Other Income (Expense)

Other Income (Expense)	12 Months Ended
	Jun. 30, 2017
Other Income and Expenses [Abstract]
Other Income (Expense)	NOTE 18 OTHER INCOME (EXPENSE) Net Other Income (Expense) for the fiscal year ended June 30, 2017 consists of the following: OTHER INCOME (EXPENSE) FY Ended June 30, 2017 Interest Expense $ (526,562 ) Gain (loss) on sale of marketable securities $ (2,874 ) Gain (loss) on sale of assets $ (20,011 ) Loss on loan/note conversions $ (131,818 ) Discount on Convertible Notes $ (155,192 ) Prepayment Premium $ (25,348 ) Write-offs $ (141,955 ) NET OTHER INCOME (EXPENSE) $ (1,003,760 )

Related Party Transactions

Related Party Transactions	12 Months Ended
	Jun. 30, 2017
Related Party Transactions [Abstract]
Related Party Transactions	NOTE 19 RELATED PARTY TRANSACTIONS The Company accrued $210,000 in salaries for the President and Secretary of the Company during the year ended June 30, 2017. On June 5, 2017, the Company received a fee in the amount of $20,000 from American Laser Healthcare Corp. (“ALHC”), a Delaware corporation, in connection with consulting service provided by PHI Capital Holdings, Inc. to assist ALHC to go public in the U.S. The Chairman and CEO of the Company also serves as the Interim Chief Executive Officer of ALHC.

Income Taxes

Income Taxes	12 Months Ended
	Jun. 30, 2017
Income Tax Disclosure [Abstract]
Income Taxes	NOTE 20 INCOME TAXES No provision was made for income tax since the Company has significant net operating loss carry forward. Through June 30, 2017, the Company incurred net operating losses for tax purposes of approximately $39,300,254. The net operating loss carry forward may be used to reduce taxable income through the year 2032. Net operating loss for carry forwards for the State of California is generally available to reduce taxable income through the year 2022. The availability of the Company’s net operating loss carry-forward is subject to limitation if there is a 50% or more positive change in the ownership of the Company’s stock. “Under section 6501(a) of the Internal Revenue Code (Tax Code) and section 301.6501(a)-1(a) of the Income

Contracts and Commitments

Contracts and Commitments	12 Months Ended
	Jun. 30, 2017
Commitments and Contingencies Disclosure [Abstract]
Contracts and Commitments	NOTE 21 CONTRACTS AND COMMITMENTS BUSINESS AND FINANCIAL CONSULTING AGREEMENT WITH THINH HUNG INVESTMENT CO. During the fiscal year ended June 30, 2010 the Company signed an agreement with Thinh Hung Investment Co., Ltd., a Vietnam-based company, to assist Thinh Hung in identifying, locating and, possibly, acquiring various business opportunities for Thinh An Co., Ltd., a subsidiary of Thinh Hung, including but not limited to a reverse merger, a stock swap, or a business combination between Thinh An and a publicly-traded company in the U.S. In exchange for the services rendered, the Company would receive compensation in cash from Thinh Hung and common stock of the combined company. As of September 30, 2011, the Company consummated a stock purchase and investment agreement between Thinh Anh Co., Ltd. and Vietnam Foods Corporation, a Nevada corporation. However, the combined company has not filed a registration statement with the Securities and Exchange Commission to become a reporting company. The Company has recognized $26,656 as only revenues from this transaction. During the fiscal year ended June 30, 2016, the Company repaid $5,000 to Thinh Hung Investment Co. The balance of $288,219 was reclassified as Customer Advances in the Long-term Liability portion of the balance sheet. CONSULTING AGREEMENT WITH SPORTS POUCH BEVERAGE COMPANY On June 3, 2015, PHI Capital Holdings, Inc., a wholly owned subsidiary of the Company, signed a Consulting Engagement Agreement with Sports Pouch Beverage Company (“SPBV”), a Nevada corporation, to provide consulting services and assist SPBV with respect to business development, mergers and acquisitions, corporate governance, and corporate finance. PHI Capital Holdings, Inc. is entitled to receive up to forty percent of common stock in SPBV as compensation for the services rendered. The duration of this agreement is one year. As of December 31, 2016 PHI Capital Holdings, Inc. recorded a total of 292,050,000 shares SPBV stock as earned revenues from this transaction and returned 97,350,000 shares to the client. AGREEMENT FOR DEFRAYAL OF EXPENSES AND STOCK COMPENSATION WITH ASIA GREEN CORPORATION On July 17, 2015, the Company signed an agreement to provide $75,000 to Asia Green Corporation (AGMC”), a Nevada corporation, for AGMC to pay certain required expenses and resume its status as fully reporting company with the Securities and Exchange Commission. In exchange for the fund, AGMC agrees to allocate 500,000 shares of its Common Stock upon the consummation of a business combination between itself and a Vietnamese company engaged in agriculture and reforestation. This amount was written off as of June 30, 2017. BUSINESS COOPERATION AGREEMENT WITH PT JAYA SAKTI GLOBALINDO On March 17, 2016, the Company signed a Business Cooperation Agreement with PT Jaya Sakti Globalindo (JSG), an Indonesian company, to utilize hard assets held by JSG and its affiliates as collaterals for project financing. The parties intend to enter into definitive agreements for the collateral provision in connection with specific projects and the terms and conditions of such provisions. As of the date of this report, the Company has not undertaken any projects that would qualify for the utilization of collateral assets from JSG and its affiliates. ENGAGEMENT LETTER WITH MILOST ADVISORS, INC. On July 11, 2016, the Company signed an engagement letter with Milost Advisors, Inc. to assist the Company in its analysis, consideration and, if appropriate, execution of various financial and strategic alternatives available to it, including securing additional equity and/or debt capital, assisting the Company in its analysis and consideration of financial aspects of certain potential strategic transactions such as mergers, acquisitions, spin-offs, joint ventures, minority investments, negotiated purchases, or other similar transactions. In consideration for the services rendered by Milost, the Company agreed to pay Milost a retainer fee equal to $100,000, payable in the form of $10,000 in cash and $90,000 in stock of the Company valued at $0.40 per share. The Company also agreed to pay Milost a success fee of 8% for equity financing and 5% for mezzanine and senior debt financings. As of June 30, 2017, Milost returned 225,000 shares of Common Stock of PHI Group, Inc. valued at $90,000 to the Company and this engagement letter was null and void. MEMORANDUM OF UNDERSTANDING BETWEEN MILOST GLOBAL, INC. On July 18, 2016, the Company signed a Memorandum of Understanding with Milost Global, Inc., a U.S. private equity firm, to cooperate in promoting the competitiveness of each other as well as joint activities to acquire cash-flow positive companies in North America, South Africa, Australia, Singapore and New Zealand and seek growth through M&A alternatives in order to fast-track shareholder value and dividend distribution. Both parties agreed to use Milost Advisors, Inc. as the first right of refusal advisor to conduct a strategic planning exercise, form a new Special Purpose Company (SPC) through which the partnership activities would be carried out. The same SPC would be held, managed and controlled by both parties pari passu. It was intended that this partnership would assist both parties with the implementation of their combined growth strategies and would help identify areas where each party could provide capacity building support. Subsequently, the Company terminated the engagement letter with Milost Advisors, Inc. and the Memorandum of Understanding with Milost Global, Inc. LETTER OF INTENT TO ACQUIRE A SOUTH AFRICAN MINING SERVICES COMPANY On July 19, 2016, the Company presented a pre-conditional non-binding undertaking to make an offer to acquire the entire issued capital of an undisclosed South African mining services company listed on the Johannesburg Stock Exchange (“SA Target”). On July 25, 2016, approval was given by the SA Target’s Board of Directors to its management team to enter into further discussions with PHI Group in good faith and to proceed with the due diligence process outlined in the undertaking. Following the completion of the due diligence process conducted by Milost Advisors, Inc. and the Company, on September 3, 2016, the Company presented a Letter of Intent (“LOI”) to the SA Target to acquire all its issued capital in exchange for common stock in PHI Group. The exchange rate would be determined on the basis of 10 days’ Volume-Weighted Average Price (VWAP) of both companies before the day of the LOI. According to the LOI, the Company also commits to the provision of a USD $ 20 million shareholder loan facility to the SA Target. Approximately USD $ 12 million will be used for the repayment of the SA Target subsidiary’s term loan and the remaining USD $ 8 million will be available as a draw down facility for financing the working capital requirements of the SA Target. The USD $ 12 million facility will be non-interest bearing until the company has effectively turned around or whilst there are minority shareholders in Buildmax. Thereafter, interest of 5% per annum will be charged on the shareholder loan and the loan will be repaid over a period to be agreed depending on the free cash flow generated by the SA Target. On September 6, 2016, approval was granted by both the SA Target’s Board of Directors and Independent Board to its management team to enter into further discussions with PHI Group in good faith and to proceed with the transaction. On September 14, 2016, the Company received confirmation from SA Target’s management that 77% of the shareholders of the SA Target approved the acquisition offer by PHI Group. On October 10, 2016, Milost Global, Inc. submitted a revised offer to SA Target, which was declined by SA Target’s Board of Directors on October 11, 2016. Subsequently the Company decided not pursue this transaction. SECURED LINE OF CREDIT FACILITY WITH TCA GLOBAL CREDIT MASTER FUND, LP On August 30, 2016, the Company signed a term sheet with TCA Global Credit Master Fund, LP (“Investor”) for a maximum $15,000,000 senior secured line of credit, of which $4,000,000 will be made available to the Company on the first drawdown (the “Initial Line of Credit”) for acquisition financing. The Closing Date will be the start date for the Line of Credit Facility. The Company, at the discretion of the Investor, may request an increase in the line of credit at agreed upon time periods and agreed upon amounts. The sum of the Initial Line of Credit and the subsequent line increases, if any, (the “Then Current Line Size”) shall not exceed the maximum line of credit. Each subsequent line increase will require the Company to execute and deliver a new or revised revolving note to the Investor and be responsible for any fees and expenses associated with the line increase. The line of credit may be drawn down, at the Investor’s discretion, and repaid by the Company throughout the term of the facility. The amount requested to be drawn down (the “Advance”) shall not exceed 80% of repayments to the Investor’s designated account, less interest and fees, if the reserve amount on the Then Current Line Size has not been satisfied. The frequency of Advances will be mutually agreed upon between the Investor and the Company. As of the date of this report, the Company has not drawn down any amount from the line of credit. MILOST EQUITY SUBSCRIPTION AGREEMENT On September 8, 2016, the Company entered into a Letter of Intent with Milost Global, Inc., a U.S. private equity firm, with respect to the principal terms and conditions under which Milost Global, Inc. would invest up to $100 million in PHI Group, Inc. Investment in the amount of $50 million would be as equity and $50 million as loan. On September 25, 2016, the Company signed an agreement with Milost Global, Inc. for up to $50 million structured as a Milost Equity Subscription Agreement (the ‘MESA”) whereby Milost Global was willing to initially invest $15 million for working capital needs of PHI Group. The amount of $15 million would be drawn down in tranches at a minimum of $500,000 until fully utilized. Further, the MESA would be utilized for the share exchange between Milost Global, Inc. and PHI Group and the balance of the $50 million facility would be available for equity leakage for future acquisitions of PHI Group. According to the structure of the MESA, Milost Global, Inc. would be entitled to purchase shares of common stock of PHI Group for a price per share on the basis of $2 at a discount of 20%. The Company and Milost agreed that for as long as the Company’s stock price has not reached $2 per share, Milost Global, Inc. would receive the Company’s convertible notes instead of the Company’s shares for each drawdown. Milost Global, Inc. would have the right to convert the convertible notes into common shares of the Company once the price of PHI Group’s stock reaches the target price of $2. The Company agreed to pay Milost Global, Inc. a commitment fee equal to 4% of the total commitment, payable within 3 business days after the price of the Company’s common stock reaches the target price of $6. On September 27, 2016, the Company submitted a Drawdown Notice to Milost Global, Inc. for a total of $2,750,000 from the MESA’s total $50-million commitment in form of a convertible note bearing annual interest of 5% and convertible to common stock at 20% discount when PHI Group’s common stock reaches $2 per share. The proceeds from this drawdown would be allocated as follows: $2,150,000 towards the cash payment for the purchase of the agricultural company (“Agri Target”) in Southeastern United States, $500,000 for due diligence and document fees for the acquisitions of the SA Target, Agri Target and an educational company in Canada, and $100,000 for general working capital. On September 28, 2016, Milost Global, Inc. confirmed that $500,000 had been remitted to Milost Advisors from Milost Global, Inc. on behalf of PHI Group, Inc. as part of the first Drawdown Notice presented to Milost Global, Inc. by the Company. As of the date of this report, the Company has not received any direct disbursements from Milost Global, Inc. for the drawdown and has terminated the Milost Equity Subscription Agreement in its entirety. CONSULTING SERVICE AGREEMENT WITH TANS COMPANY LTD. On September 9, 2016, PHI Capital Holdings, Inc. signed a Consulting Service Agreement with Tans Company, Ltd., a Vietnam-based company, to provide advisory and consulting services on a non-exclusive basis to assist Tans Co. in becoming a publicly traded company in the U.S. Stock Market. The Company is entitled to cash compensations from Tans Co. and a portion of equity in the new public company. As of the date of this report, this transaction is subject to further review by both parties. MEMORANDUM OF UNDERSTANDING TO ACQUIRE ABOUND FARMS, INC. On September 30, 2016, the Company signed a Memorandum of Understanding with Abound Farms, Inc., (“AFI Target”) a U.S. company, to acquire 100% of AFI Target. AFI Target is engaged in hydroponics and possesses proprietary water treatment systems and nutrients that are known to substantially enhance farming yields. The MOU sets forth the guidelines for further negotiations between AFI Target and the Company before the signing of a definitive agreement that contains representations, warranties, covenants, and indemnities customary for a transaction of this type. The Company intends to incorporate the AFI Target’s water treatment systems and nutrients to the Agri Target’s business after the closing of these transactions. MEMORANDUM OF AGREEMENT WITH HOANG MINH CHAU HUNG YEN LLC. On January 26, 2017, the Company entered into a Memorandum of Agreement to acquire 51% of Hoang Minh Chau Hung Yen, LLC, (“HMC”) a Vietnamese company specializing in growing and processing turmeric for food, cosmetic and medicinal usages. The Company intends to apply HMC’s expertise and experience in turmeric cultivation and processing for its organic farming program in the U.S. through its subsidiary Abundant Farms, Inc. The closing of this transaction is subject to further due diligence review and financial audits of HMC. BUSINESS COOPERATION AGREEMENT WITH NATHAN TRADING LTD. On January 28, 2017, the Company entered into a Business Cooperation Agreement with Nathan Trading Limited Co., (“NTC”) a Thai company engaged in the promotion of the cultivation and processing of sacha inchi seeds for food, cosmetics and healthcare. The Company intends to initially purchase NTC’s sacha inchi products from NTC for distribution in the U.S. and international markets and subsequently cooperate with NTC to promote the planting for sacha inchi plants and secure raw material sources to increase production capacity in the future. PURCHASE AGREEMENT TO ACQUIRE A FARM IN HOLMES COUNTY, FLORIDA In March 2017, the Company signed a Commercial Contract to acquire a 408-acre farm together with buildings, fixtures, and farming systems and in Bonifay, Holmes County, Florida for a total purchase price of $1,500,000. The Company made an initial deposit of $37,500 towards the total purchase price and has negotiated with the farm owners to extend the closing date of the Purchase Agreement until the end of December 2017. The Company intends to use this property for Abundant Farms, Inc., a wholly owned subsidiary of the Company, to develop a proprietary organic farming program in conjunction with EB-5 investment capital from qualified international investors. INVESTMENT AGREEMENT WITH AZURE CAPITAL, INC. On March 6, 2017, PHI Group, Inc., a Nevada corporation (the “Company”) and Azure Capital, a Massachusetts Corporation (the “Investor”) entered into an Investment Agreement (the “Investment Agreement”) and a Registration Rights Agreement (the “Registration Rights Agreement”), each dated March 6, 2017 between the Company and the Investor. The Investment Agreement and the Registration Rights Agreement were amended on August 3, 2017. Pursuant to the Investment Agreement, the Investor committed to purchase, subject to certain restrictions and conditions, up to $10,000,000 worth of the Company’s common stock, over a period of 36 months from the effectiveness of the registration statement registering the resale of shares purchased by the Investor pursuant to the Investment Agreement. The Company agrees to reserve 65,445,000 shares of its Common Stock for issuance to the Investor pursuant to the Investment Agreement. In the event the Company cannot register a sufficient number of shares of its Common Stock for issuance pursuant to the Investment Agreement, the Company will use its best efforts to authorize and reserve for issuance the number of shares required for the Company to perform its obligations in connection with the Investment Agreement as soon as reasonable practical. The Company may in its discretion draw on the facility from time to time, as and when the Company determines appropriate in accordance with the terms and conditions of the Investment Agreement. The maximum number of shares that the Company is entitled to put to the Investor in any one draw down notice shall not exceed shares with a purchase price of $250,000 or 200% of the average daily volume (U.S. market only) of the Company’s Common Stock for the three (3) Trading Days prior to the applicable put notice date multiplied by the average of the three (3) daily closing prices immediately preceding the put date, calculated in accordance with the Investment Agreement. The Company may deliver a notice for a subsequent put from time to time, after the pricing period for the prior put has been completed. The purchase price shall be set at ninety-four percent (94%) of the lowest daily volume weighted average price (VWAP) of the Company’s common stock during the five (5) consecutive trading days immediately following the put notice date. On each put notice submitted to the Investor by the Company, the Company shall specify a suspension price for that put. In the event the price of Company’s Common Stock falls below the suspension price, the put shall be temporarily suspended. The put shall resume at such time the price of the Company’s Common Stock is above the suspension price, provided the dates for the pricing period for that particular put are still valid. In the event the pricing period has been complete, any shares above the suspension price due to the Investor shall be sold to the Investor by the Company at the suspension price under the terms of the Investment Agreement. The suspension price for a put may not be changed by the Company once submitted to the Investor. There are put restrictions applied on days between the draw down notice date and the closing date with respect to that particular put. During such time, the Company shall not be entitled to deliver another draw down notice. In addition, the Investor will not be obligated to purchase shares if the Investor’s total number of shares beneficially held at that time would exceed 4.99% of the number of shares of the Company’s common stock as determined in accordance with Rule 13d-1(j) of the Securities Exchange Act of 1934, as amended. In addition, the Company is not permitted to draw on the facility unless there is an effective registration statement to cover the resale of the shares. The Investment Agreement also contains customary representations and warranties of each of the parties. The assertions embodied in those representations and warranties were made for purposes of the Investment Agreement and are subject to qualifications and limitations agreed to by the parties in connection with negotiating the terms of the Investment Agreement. The Investment Agreement further provides that the Company and the Investor are each entitled to customary indemnification from the other for, among other things, any losses or liabilities they may suffer as a result of any breach by the other party of any provisions of the Investment Agreement or Registration Rights Agreement (as defined below). Investor should read the Investment Agreement together with the other information concerning the Company that the Company publicly files in reports and statements with the Securities and Exchange Commission (the “SEC”). Pursuant to the terms of the Registration Rights Agreement, the Company is obligated to file one or more registrations statements with the SEC within twenty-one (21) days after the date of the Registration Rights Agreement to register the resale by the Investor of the shares of common stock issued or issuable under the Investment Agreement. In addition, the Company is obligated to use all commercially reasonable efforts to have the registration statement declared effective by the SEC within 90 days after the registration statement is filed. The Company filed an S-1 Registration Statement with the Securities and Exchange Commission on April 3, 2017 and a Withdrawal of Registration Statement on August 7, 2017. Subsequently, a new S-1 Registration Statement was filed on August 7, 2017 and an S-1/A was filed on September 15, 2017. AGREEMENT WITH PRIMEFORTH RENEWABLE ENERGY LTD. On June 24, 2015, PHI Capital Holdings, Inc., a wholly owned subsidiary of the Company, signed a Consulting Engagement Agreement with Primeforth Renewable Energy Ltd. (“Primeforth”), a Singaporean company, to provide consulting services with respect to corporate development, corporate finance and debt financing for Primeforth Renewable Energy. PHI Capital Holdings is entitled to a one-time non-refundable professional fee of $20,000 and 4% cash success fee for any financing arranged for Primeforth. The Company is also entitled to additional compensations for advisory and business development services for the client. The term of this agreement is two years. The Company recognized $40,000 as revenues for the fiscal year ended June 30, 2016 and $40,000 for the fiscal year ended June 30, 2017, respectively. AGREEMENT FOR DEFRAYAL OF EXPENSES AND STOCK COMPENSATION WITH ASIA GREEN CORPORATION On July 17, 2015, the Company signed an agreement to provide $75,000 to Asia Green Corporation (AGMC”), a Nevada corporation, for AGMC to pay certain required expenses and resume its status as fully reporting company with the Securities and Exchange Commission. In exchange for the fund, AGMC agrees to allocate 500,000 shares of its Common Stock upon the consummation of a business combination between itself and a Vietnamese company engaged in agriculture and reforestation. This amount was written off from the Company’s balance sheet as of June 30, 2017. CONSULTING SERVICE AGREEMENT On September 23, 2016, the Company signed an agreement to engage a consultant for M&A due diligence, business development, and other corporate services for a period of on year. The Company has agreed to pay the consultant a one-time fee of one hundred thousand restricted shares of the PHI Group’s stock as compensations for the term of the agreement. OPTION GRANTS On September 23, 2016, the Board of Directors of the Company approved option grants for the current members of the Board of Directors and the President and Chief Executive Officer of PHI Group, Inc. to acquire up to 6,520,000 shares of the Company’s common stock at an exercise price of $0.24 per share, based on the 10-days’ volume-weighted average price of PHI Group, Inc.’s Common Stock prior to the grant date. These options will be vested in one year after the grant date. PRIVATE STOCK PURCHASE AND SALE AGREEMENT WITH MAXAGRO GROUP On May 26, 2017, the Company entered into a Private Stock Purchase and Sale Agreement (“Agreement”) to purchase 51% of equity ownership in Maxagro Farm SRL (“MXG”), a Romanian company, in exchange for cash or stock of the Company (or of a Company’s subsidiary). The fair value of the transaction will be determined by both parties after the completion of a business valuation of MXG by one or more reputable, qualified independent business valuation firms and the financial audits of MXG by a PCAOB-registered auditing firm. This closing of this transaction was originally scheduled to occur on August 08, 2017 and is extended to the end of December 2017, unless further extended by mutual consent of both parties. BUSINESS COOPERATION AGREEMENT WITH HUNG VUONG EXPORT IMPORT AND CONSTRUCTION JOINT STOCK COMPANY On May 6, 2017, the Company signed a Business Cooperation Agreement with Hung Vuong Export Import and Construction Joint Stock Company, a Vietnamese company, to form a new corporation or utilize Philand Corporation, a Wyoming corporation previously formed by the Company, as the holding company for the purpose of acquiring an eighty-five percent ownership in VIDIFI JSC, a Vietnamese company that owns and operates the 105-Km Hanoi-Haiphong Expressway together with other industrial zone and urban centers along this expressway. This transaction is subject to the approval of the appropriate ministries and the Prime Minister of the central government of Vietnam as well as available financing options. AGREEMEN TO PURCHASE 51% EQUITY OWNERSHIP IN CONSTRUCTII SA On June 29, 2017, the “Company entered into a “Contract for Transfer of Shares” to purchase 51% of equity ownership in Constructii SA, (“CSA”), a Romanian company engaged in construction and manufacturing since 1950, from Ioan Tusinean, the majority shareholder of CSA, in exchange for fifteen million U.S. dollars in cash. The first closing of this transaction was scheduled to occur within a maximum of sixty days from the date of signing of the Contract and the final closing to occur thirty days after the first closing. Subject to mutual written consent of the Company and the selling shareholder of CSA, the final closing may occur at other times.

Going Concern Uncertainty

Going Concern Uncertainty	12 Months Ended
	Jun. 30, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Going Concern Uncertainty	NOTE 22 GOING CONCERN UNCERTAINTY As shown in the accompanying consolidated financial statements, the Company has accumulated deficit of $39,299,754 and total liabilities and stockholders’ deficit of $7,513,481 as of June 30, 2017. These factors as well as the uncertain conditions that the Company faces in its day-to-day operations with respect to cash flows create an uncertainty as to the Company’s ability to continue as a going concern. The financial statements do not include any adjustments that might be necessary should the Company be unable to continue as a going concern. Management has taken action to strengthen the Company’s working capital position and generate sufficient cash to meet its operating needs through June 30, 2018 and beyond. In the next twelve months the Company intends to continue pursuing its merger and acquisition program by acquiring all or controlling interests in target companies in a number of industries, including but not limited to conventional energy, renewables, natural resources, agribusiness, technology, transportation, education, distribution, mining, oil & gas, financial services, healthcare, biotechnology and pharmaceuticals. We believe that by closing one or more of the transactions contemplated in Note 23 – Subsequent Event - we will be able to build a critical mass and uplist to the Nasdaq Stock Market or NYSE in the near future. In addition, we will continue to provide advisory and consulting services to international clients through our wholly owned subsidiary PHI Capital Holdings, Inc.

Subsequent Event

Subsequent Event	12 Months Ended
	Jun. 30, 2017
Subsequent Events [Abstract]
Subsequent Event	NOTE 23 – SUBSEQUENT EVENT These financial statements were approved by management and available for issuance on October 12, 2017. Subsequent events have been evaluated through this date. PAYMENTS OF CONVERTIBLE PROMISSORY NOTES On July 24, 2017, the Company paid $49,530.72 to Auctus Fund, LLC for the balance of the principal, prepayment premium and accrued and unpaid interest of the convertible promissory note dated August 16, 2016 between Auctus Fund, LLC and the Company. This note was paid in full as of July 24,2017. On August 1, 2017, the Company paid $31,462.60 to JSJ Investments for one half of the principal of the note, one half of the prepayment premium and one half of the accrued and unpaid interest for the convertible promissory note dated February 2, 2017. As of September 30, 2017, the unpaid principal balance was $21,000. On August 14, 2017, the Company paid a total of $43,024.88 to Power Up Lending Group, which amount included the total principal, prepayment premium and accrued interest for the convertible promissory note dated February 23, 2017. This note was paid in full as of August 14, 2017. On September 9, 2017, the Company paid Auctus Fund, LLC $39,308.22, which amount included one third of the principal, one third of prepayment premium and one third of accrued interest of the convertible promissory note dated March 3, 2017. As of September 30, 2017, the unpaid principal of the note was $50,000. ISSUANCES OF NEW CONVERTIBLE PROMISSORY NOTES On July 20, 2017, the Company issued a new convertible promissory note to Power Up Lending Group for $28,000, with an interest rate of 8% and convertible to Common Stock of the Company at 42% discount. The maturity date of this note is 4/30/2018. On August 3, 2017, the Company issued a new convertible promissory note to JSJ Investments, Inc. for $78,750, with an interest rate of 10% and convertible to Common Stock of the Company at 45% discount. The maturity date of this note is 5/3/2018. On August 15, 2017, the Company issued a new convertible promissory note to Power Up Lending Group for $33,000, with an interest rate of 10% and convertible to Common Stock of the Company at 42% discount. The maturity date of this note is 5/15/2018. On August 24, 2017, the Company issued a new convertible promissory note to LG Capital for $78,750, with an interest rate of 8% and convertible to Common Stock of the Company at 50% discount. The maturity date of this note is 5/26/2018. The Company intends to prepay these notes in cash. SETTLEMENT AGREEMENT WITH THINH HUNG INVESTMENT CO. On August 3, 2017, the Company signed a Settlement Agreement and agreed to pay Thinh Hung Investment Co. a total amount of $381,000, which includes the outstanding balance of $288,219 that is reclassified as Customer Advances in the Long-term Liability portion of the attached balance sheet and accrued interest as agreed by the two parties. According to the Settlement Agreement, the Compapny will transfer or cause to be transferred at least 480,000 shares of Common Stock of PHI Group, Inc. to an authorized represenatative of Thinh Hung. In the event Thinh Hung is unable to realize at least $381,000 from the sale of PHI Stock, PHI Group will either transfer additional Common Stock of PHI Group, Inc. or other marketable securities to the authorized reprenesattive designated Thinh Hung or pay cash directly to Thinh Hung until the total amount of $381,000 is reached. PHI Group, Inc. agreed to use its best efforst to pay off any outstanding balance by October 31, 2017. After the receipt of at least 480,000 shares of PHI Group Stock by the authorized representative of Thinh Hung, Thinh Hung shall deliver and transfer all the Vietnam Foods Corporation Stock to PHI Group, Inc. or its authorized representative. BUSINESS COOPERATION AGREEMENT WITH TNB VIETNAM JSC On August 7, 2017, the Company signed a Business Cooperation Agreement with TNB Vietnam JSC, a Vietnamese company located in the Mekong Delta that specializes in cultivating and processing “forest” bitter melon (momordica charantia). According to the agreement, TNB and PHI Group plan to facilitate mutual growth and expansion including but not limited to: (1) Purchase of finished forest bitter melon products from TNB for distribution and sale in the U.S., Europe, China and other select international markets under PHI Group’s private labels; (2) Purchase of semi-processed ingredients from TNB in order to manufacture other end products for export markets; (3) Strategic alliance by acquisition of equity interest in TNB and/or exchange of ownership between TNB and PHI via stock swap; and (4) Co-developing and cultivating forest bitter melon as well as manufacturing and marketing its products in the U.S. and other international markets with potential for long-term growth. FORMATION OF PHI EZ WATER TECH, INC. SUBSIDIARY On August 7, 2017, the Company incorporated PHI EZ Water Tech, Inc., a Wyoming corporation, as a subsidiary to manage and commercialize the water treatment systems developed by Dr. Martin Nguyen, a Vietnamese-American scientist. These systems are among a series of products developed by Dr. Nguyen using quantum technology in a combination of disciplines including applied physics, applied water science, biological system engineering and agricultural economics. Incorporating complex electromagnetic force, advanced oxidation, electrocoagulation and ultrasound, they can reduce water consumption by up to 30% and fertilizer usage by 30%-50% while boosting crop yields by 30%-50%. The water produced from these systems is also good for human health and able to stabilize water environments to increase yields for aquatic and wet paddy farming. MEMORANDUM OF UNDERSTANDING WITH AQUARIUS POWER, INC. On August 9, 2017, the Company signed a Memorandum of Understanding (“MOU”) with Aquarius Power, Inc. (“AQP”), a Texas company, to provide renewable energy technology to Vietnam. PHI has also made an investment to become a strategic shareholder of AQP. PHI and AQP will form a joint venture company which will have the exclusive right to sublicense, sell, build, own and/or operate the AQP energy systems in Vietnam on an exclusive basis. PHI will be responsible for: Obtaining all necessary approvals to build, own and operate AQuarius Energy System; Securing a binding and acceptable power purchase agreement (PPA) from the governmental authority; Providing the land for the Aquarius Energy System; Providing the construction and civil engineering know-how to build the energy pools; Providing management, engineering and operational manpower to build and operate the AQuarius Engineering System; and Providing the interconnection of the AQuarius Energy System to the national grid. AQP’s responsibilities include: Support PHI in obtaining the Power Purchase Agreement; Conduct a site survey and provide blueprints for a tailor made Energy System; Provide technical support for the construction and operation of the Energy System (Includes training for construction, installation and operations); Build, Ship, the AQuarius Energy System(s); and Install and commission the AQuarius Energy System as required. AQuarius Wave Energy System is a land-based wave energy system that uses a combination of gravity and “buoyancy” found within the interaction between air and water to produce power that can be used to generate electricity and / or produce potable water. AQuarius is a baseload zero carbon footprint that uses no consumables and can be installed virtually anywhere on the planet that is cost effective against any fossil fuel alternatives. The system, which can be built turn-key within 6 months of obtaining permits, has an operating life of over 60 years and is clean, scalable, reliable, and extremely flexible. Its operating cost is comparably low as hydroelectric systems. On October 6, 2017, the Company signed a new Memorandum of Understanding (“MOU”) with Aquarius Power, Inc. to expand the scope of cooperation and provide the same renewable energy technology to Eastern Europe and the European Region. For Eastern Europe the Company is in the process of planning to build a pilot unit in Romania using AQP technology. PHI also intends to make additional investments in AQP. MASTER BUSINESS COOPERATION AGREEMENT WITH THO XUAN DUONG JOINT STOCK COMPANY On August 14, 2017, the Company signed a Master Business Cooperation Agreement with Tho Xuan Duong Joint Stock Company, a Vietnamese traditional medicine company with 400 years of history, to cooperate with each other in the following areas: (1) PHI will assist TXD to promote and advertise TXD’s brand and traditional medicinal products and treatments on a global basis; (2) PHI will assist TXD to set up manufacturing facilities and/or establish strategic alliances with pharmaceutical production and distribution companies in Europe, the United States, the Middle East, Central and South America, Africa and other selective geographical areas; (3) PHI will assist TXD to access funding sources to implement TXD’s business plan; (4) PHI will discuss and negotiate with TXD to consider an acquisition of equity interest in TXD and/or exchange of ownership between TNB and PHI by way of stock swap to form a strategic alliance between the two companies; (5) PHI and TXD will further discuss the potential of taking TXD public in the U.S. and/or European Stock Markets to provide long-term financing capabilities for TXD’s development and growth; (6) PHI and TXD will cooperate to build and develop raw material areas, preliminary and full-scale processing facilities for herbal medicines, and herbal medicine tourism area in Sapa, Lao Cai Province, Northern Vietnam; (7) PHI will assist TXD to obtain special medical devices using Low Level Laser Light Therapy technologies developed by American Laser Healthcare Corp., a US company, and cleared by the U.S. FDA for pain treatment, needles acupuncture, diabetes Type 2, and 18 devices, as well as access other medical devices for TXD’s usage as needed; and (8) PHI and TXD may jointly develop, manufacture and market other products and/or engage in other business activities that may be of mutual interest to both parties. LETTER OF INTENT TO ACQUIRE 80% OF MEDICAL CORP SRL, A ROMANIAN COMPANY On August 23, 2017, the Company signed a Letter of Intent to acquire eighty percent (80%) equity interest in Medical Corp SRL (“MDC”) for the price of one million Euros. However, the final purchase price and payment schedule will be determined after an asset valuation of MDC. Both companies intend to execute a Definite Agreement to consummate this transaction as soon as practical. AGREEMENT TO ACQUIRE 51% OWNERSHIP IN 400-ACRE MINING CLAIMS IN GRANT COUNTY, OREGON On September 2, 2017, American Pacific Resources, Inc., a Wyoming corporation (“APR”) and wholly owned subsidiary of the Company, entered into an Agreement of Purchase and Sale with Rush Gold Royalty Inc, a Wyoming corporation, to acquire a 51% ownership in twenty-one mining claims over an area of approximately 400 acres in Granite Mining District, Grant County, Oregon, U.S.A., in exchange for a total purchase price of twenty-five million U.S. Dollars ($US 25,000,000) to be paid in a combination $20 million in PHI Group, Inc.’s Class A Series II Convertible Cumulative Redeemable Preferred Stock (“Preferred Stock”), and $5 million in cash and demand promissory note upon the closing of this contemplated transaction. The PHI Group’s Class A Series II Preferred Stock is priced at $5 per share (“Original Price per Share”), carrying a cumulative dividend rate of 8%, redeemable at 120% premium to the Original Price per Share, and convertible to Common Stock of PHI Group at 25% discount six months after issuance or to Common Stock of APR at 50% discount to the then relevant market price when APR has become a fully-reporting company. This transaction was closed effective October 3, 2017. PHI GROUP, INC.’S DOMESTICATION IN THE STATE OF WYOMING On September 20, 2017, the Company applied for a Certificate of Domestication and filed Articles of Domestication with the office of the Secretary of State of Wyoming to re-domicile the Company’s jurisdiction to the State of Wyoming. On September 20, 2017, the Company filed Articles of Amendment with the Wyoming Secretary of State to amend the authorized capital of the Company as follows: “The total number of shares into which the authorized capital stock of the corporation is divided is one billion shares, consisting of: nine hundred million shares of voting Common Stock with a par value of $0.001 per share; fifty million shares of non-voting Class A Series I Preferred Stock with a par value of $5.00 per share; twenty-five million shares of non-voting Class A Series II Preferred Stock with a par value of $5.00 per share; twenty million shares of non-voting Class A Series III Preferred Stock with a par value of $5.00 per share and five million shares of voting Class A Series IV Preferred Stock with a par value of $5.00 per share. The relative rights, preferences, limitations and restrictions associated with the afore-mentioned shares of Class A Preferred Stock will be determined by the Board of Directors of the corporation.” PHI CAPITAL HOLDINGS, INC.’S DOMESTICATION IN THE STATE OF WYOMING On September 20, 2017, PHI Capital Holdings, Inc., a wholly owned subsidiary of the Company, applied for a Certificate of Domestication and filed Articles of Domestication with the office of the Secretary of State of Wyoming to re-domicile this subsidiary’s jurisdiction to the State of Wyoming. TECHNICAL ASSISTANCE AGREEMENT WITH AUBURN UNIVERSITY On September 25, 2017, the Company signed a Technical Assistance Agreement with Auburn University to conduct a research program in order to determine the market segments related to supply and demand of medicinal and aromatic plants in the world, and then focus more specifically on major production and consumption markets. The first four topics of the research program focus on the production, medicinal applications, and market analysis of turmeric, saffron, bitter melon, and some major potential and aromatic plants. The last topic covers the trends and solutions of switching from conventional farming to organic farming of these crops to meet the future food and medicinal consumption. The research program begins on October 1, 2017 and ends on September 30, 2018.

Summary of Significant Accoun31

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Jun. 30, 2017
Accounting Policies [Abstract]
Principles of Consolidation	PRINCIPLES OF CONSOLIDATION The consolidated financial statements include the accounts of PHI Group, Inc., its wholly owned subsidiaries PHI Capital Holdings, Inc., Abundant Farms, Inc., American Pacific Resources, Inc., and PHI Group Regional Center, LLC as well as its discontinued operations Providential Securities, Inc., PHI Energy Corporation, PHI Gold Corp, Providential Vietnam Ltd. and Philand Ranch Limited (including its 100% owned subsidiary Philand Corporation and Philand Vietnam Ltd), Omni Resources, Inc., and Cornerstone Biomass Corp., collectively referred to as the “Company.” All significant inter-company transactions have been eliminated in consolidation.
Use of Estimates	USE OF ESTIMATES The preparation of consolidated financial statements in conformity with accounting principles generally accepted in the United States of America 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.
Cash and Cash Equivalents	CASH AND CASH EQUIVALENTS The Company considers all liquid investments with a maturity of three months or less from the date of purchase that are readily convertible into cash to be cash equivalents.
Marketable Securities	MARKETABLE SECURITIES The Company’s securities are classified as available-for-sale and, as such, are carried at fair value. Securities classified as available-for-sale may be sold in response to changes in interest rates, liquidity needs, and for other purposes. Each investment in marketable securities typically represents less than twenty percent (20%) of the outstanding common stock and stock equivalents of the investee, and each security is quoted on a national exchange or on the OTC Markets. As such, each investment is accounted for in accordance with the provisions of ASC 320 (previously SFAS No. 115). Unrealized holding gains and losses for available-for-sale securities are excluded from earnings and reported as a separate component of stockholder’s equity. Realized gains and losses for securities classified as available-for-sale are reported in earnings based upon the adjusted cost of the specific security sold. On June 30, 2017 and 2016 the marketable securities have been recorded at $502,696 and $481,120, respectively based upon the fair value of the marketable securities at that time.
Accounts Receivable	ACCOUNTS RECEIVABLE Management reviews the composition of accounts receivable and analyzes historical bad debts. As of June 30, 2017, the Company had no accounts receivable.
Impairment of Long-Lived Assets	IMPAIRMENT OF LONG-LIVED ASSETS Effective January 1, 2002, the Company adopted ASC 350 (Previously SFAS 144, “Accounting for the Impairment or Disposal of Long-Lived Assets”), which addresses financial accounting and reporting for the impairment or disposal of long-lived assets and supersedes SFAS No. 121, “Accounting for the Impairment of Long-Lived Assets and for Long-Lived Assets to be Disposed Of,” and the accounting and reporting provisions of APB Opinion No. 30, “Reporting the Results of Operations for a Disposal of a Segment of a Business.” The Company periodically evaluates the carrying value of long-lived assets to be held and used in accordance with ASC 350. ASC 350 requires impairment losses to be recorded on long-lived assets used in operations when indicators of impairment are present and the undiscounted cash flows estimated to be generated by those assets are less than the assets’ carrying amounts. In that event, a loss is recognized based on the amount by which the carrying amount exceeds the fair market value of the long-lived assets. Loss on long-lived assets to be disposed of is determined in a similar manner, except that fair market values are reduced for the cost of disposal.
Property and Equipment	PROPERTY AND EQUIPMENT Property and equipment are stated at cost. Maintenance and repair costs are charged to expense as incurred; costs of major additions and betterments are capitalized. When property and equipment are sold or otherwise disposed of, the cost and related accumulated depreciation are eliminated from the accounts and any resulting gain or loss is reflected in income. Depreciation is computed using the straight-line method over the estimated useful lives of the assets, ranging from three to ten years.
Depreciation and Amortization	DEPRECIATION AND AMORTIZATION The cost of property and equipment is depreciated over the estimated useful lives of the related assets. Depreciation and amortization of fixed assets are computed on a straight-line basis.
Net Earnings (Loss) Per Share	NET EARNINGS (LOSS) PER SHARE The Company adopted the provisions of ASC 260 (previously SFAS 128). ASC 260 eliminates the presentation of primary and fully diluted earnings per share (“EPS”) and requires presentation of basic and diluted EPS. Basic EPS is computed by dividing income (loss) available to common stockholders by the weighted-average number of common shares outstanding for the period. Diluted EPS is based on the weighted-average number of shares of common stock outstanding for the period and common stock equivalents outstanding at the end of the period. The net earnings (loss) per share is computed as follows: 2017 2016 Basic and diluted net loss per share: Numerator: Net income (loss) $ (1,560,718 ) $ (7,998 ) Denominator: Basic weighted average number of common shares outstanding 15,553,354 5,324,120 Basic net income (loss) per share $ (0.10 ) $ (0.00 ) Diluted weighted average number of common shares outstanding 15,553,354 5,324,120 Diluted net income (loss) per share $ (0.10 ) $ (0.00 )
Stock-Based Compensation	STOCK-BASED COMPENSATION Effective July 1, 2006, the Company adopted ASC 718-10-25 (previously SFAS 123R) and accordingly has adopted the modified prospective application method. Under this method, ASC 718-10-25 is applied to new awards and to awards modified, repurchased, or cancelled after the effective date. Additionally, compensation cost for the portion of awards that are outstanding as of the date of adoption for which the requisite service has not been rendered (such as unvested options) is recognized over a period of time as the remaining requisite services are rendered.
Fair Value of Financial Instruments	FAIR VALUE OF FINANCIAL INSTRUMENTS Fair Value - Definition and Hierarchy Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. Assets and liabilities measured at fair value are categorized based on whether or not the inputs are observable in the market and the degree that the inputs are observable. The categorization of financial assets and liabilities within the valuation hierarchy is based upon the lowest level of input that is significant to the fair value measurement. A fair value hierarchy for inputs is used in measuring fair value that maximizes the use of observable inputs and minimizes the use of unobservable inputs by requiring that the most observable inputs are to be used when available. Valuation techniques that are consistent with the market or income approach are used to measure fair value. The fair value hierarchy is categorized into three levels based on the inputs as follows: Level Level Level 3 Fair value is a market-based measure, based on assumptions of prices and inputs considered from the perspective of a market participant that are current as of the measurement date, rather than an entity-specific measure. Therefore, even when market assumptions are not readily available, the Company’s own assumptions are set to reflect those that market participants would use in pricing the asset or liability at the measurement date. The availability of valuation techniques and observable inputs can vary from investment to investment and are affected by a wide variety of factors, including; type of investment, whether the investment is new and not yet established in the marketplace, the liquidity of markets, and other characteristics particular to the transaction. To the extent that valuation is based upon models or inputs that are less observable or unobservable in the market, the determination of fair value requires more judgment. Because of the inherent uncertainty of valuation, those estimated values may be materially higher or lower than the values that would have been used had a ready market for the investments existed. Accordingly, the degree of judgment exercised by the Fund in determining fair value is greatest for investments categorized in Level 3. In certain cases, the inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, the level in the fair value hierarchy in which the fair value measurement falls in its entirety is determined based upon the lowest level input that is significant to the fair value measurement. Fair Value - Valuation Techniques and Inputs The Company holds and may invest public securities traded on public exchanges or over-the-counter (OTC), private securities, real estate, convertible securities, interest bearing securities and other types of securities and has adopted specific techniques for their respective valuations. Equity Securities in Public Companies Unrestricted The Company values investments in securities that are freely tradable and listed on major securities exchanges at their last reported sales price as of the valuation date. To the extent these securities are actively traded and valuation adjustments are not applied, they are categorized in Level 1 of the fair value hierarchy. Securities traded on inactive markets or valued by reference to similar instruments are generally categorized in Level 2 or 3 of the fair value hierarchy. Restricted Securities traded on public exchanges or over-the-counter (OTC) where there are formal restrictions that limit (i.e. Rule 144 holding periods and underwriter’s lock-ups) their sale shall be valued at the closing price on the date of valuation less applicable discounts. The Company may apply a discount to securities with Rule 144 restrictions. Additional discounts may be assessed if the Company believes there are other mitigating factors which warrant the additional discounting. When determining potential additional discounts, factors that will be taken into consideration include, but are not limited to; securities’ trading characteristics, volume, length and overall impact of the restriction as well as other macro-economic factors. Valuations should be discounted appropriately until the securities may be freely traded. If it has been determined that the exchange or OTC listed price does not accurately reflect fair market value, the Company may elect to treat the security as a private company and apply an alternative valuation method. Investments in restricted securities of public companies may be included in Level 2 of the fair value hierarchy. However, to the extent that significant inputs used to determine liquidity discounts are not observable, investments in restricted securities in public companies may be categorized in Level 3 of the fair value hierarchy. The Company's financial instruments primarily consist of cash and cash equivalents, accounts receivable, marketable securities, short-term notes payable, convertible notes, derivative liabilities and accounts payable. As of the balance sheet dates, the estimated fair values of the financial instruments were not materially different from their carrying values as presented on the balance sheet. This is primarily attributed to the short maturities of these instruments. Effective July 1, 2008, the Company adopted ASC 820 (previously SFAS 157), Fair Value Measurements Assets measured at fair value on a recurring basis are summarized below. The Company also has convertible notes and derivative liabilities as disclosed in this report that are measured at fair value on a regular basis until paid off or converted into common stock of the Company. Available-for-sale securities Securities available for sale Level 1 Level 2 Level 3 Total June 30, 2017 $ - $ 210,646 $ 292,050 $ 502,696 June 30, 2016 $ - $ 60,054 $ 323,717 $ 383,770 The Company uses various approaches to measure fair value of available-for-sale securities, while applying the three-level valuation hierarchy for disclosures, specified in ASC 820. Our Level 1 securities were measured using the quoted prices in active markets for identical assets and liabilities. The company’s policy regarding the transfers in and/or out of Level 3 depends on the trading activity of the security, the volatility of the security, and other observable units which clearly represents the fair value of the security. If a level 3 security can be measured using a more fairly represented fair value, we will transfer these securities either into Level 1 or Level 2, depending on the type of inputs.
Revenue Recognition	REVENUE RECOGNITION The Company’s revenue recognition policies are in compliance with ASC 13 (previously Staff accounting bulletin (SAB) 104). The Company recognizes consulting and advisory fee revenues when the transaction is completed and the service fees are earned. Expenses are recognized in the period in which the corresponding liability is incurred. Payments received before all of the relevant criteria for revenue recognition are recorded as unearned revenue.
Advertising	ADVERTISING The Company expenses advertising costs as incurred. Advertising costs for the years ended June 30, 2017 and 2016 were $31,413 and $79,072, respectively. The decrease in advertising expenses in the current year is primarily due to a reduction of $35,500 in investor relations expenses during the fiscal year ended June 30, 2017, as compared to the previous fiscal year.
Comprehensive Income (Loss)	COMPREHENSIVE INCOME (LOSS) ASC 220-10-45 (previously SFAS 130, Reporting Comprehensive Income) establishes standards for reporting and display of comprehensive income, its components and accumulated balances. Comprehensive income is defined to include all changes in equity, except those resulting from investments by owners and distributions to owners. Among other disclosures, SFAS No. 130 requires that all items that are required to be recognized under current accounting standards as components of comprehensive income be reported in a financial statement that is displayed with the same prominence as other financial statements. As of June 30, 2017 and 2016, respectively, accumulated other comprehensive incomes of $153,474 and $30,263 are presented on the accompanying consolidated balance sheets.
Income Taxes	INCOME TAXES The Company accounts for income taxes in accordance with ASC 740 (previously SFAS No. 109, “Accounting for Income Taxes”). Deferred taxes are provided on the liability method whereby deferred tax assets are recognized for deductible temporary differences, and deferred tax liabilities are recognized for taxable temporary differences. Temporary differences are the differences between the reported amounts of assets and liabilities and their tax bases. Deferred tax assets are reduced by a valuation allowance when, in the opinion of management, it is more likely than not that some portion or all of the deferred tax assets will not be realized. Deferred tax assets and liabilities are adjusted for the effects of changes in tax laws and rates on the date of enactment.
Reporting of Segments	REPORTING OF SEGMENTS ASC 280 (previously Statement of Financial Accounting Standards No. 131, Disclosures about Segments of an Enterprise and Related Information), which supersedes Statement of Financial Accounting Standards No. 14, Financial Reporting for Segments of a Business Enterprise, establishes standards for the way that public enterprises report information about operating segments in annual financial statements and requires reporting of selected information about operating segments in interim financial statements regarding products and services, geographic areas and major customers. ASC 280 defines operating segments as components of an enterprise about which separate financial information is available that is evaluated regularly by the chief operating decision maker in deciding how to allocate resources and in assessing performance. The Company operated in one segment that generated revenues during the years ended June 30, 2017 and 2016.
Risks and Uncertainties	RISKS AND UNCERTAINTIES In the normal course of business, the Company is subject to certain risks and uncertainties. The Company provides its service and receives marketable securities upon execution of transactions. Consequently, the value of the securities received from customers can be affected by economic fluctuations and each customer’s business growth. The actual realized value of these securities could be significantly different than recorded value.
Recent Accounting Pronouncements	RECENT ACCOUNTING PRONOUNCEMENTS Update No. 2013-11—Income Taxes (Topic 740): Presentation of an Unrecognized Tax Benefit When a Net Operating Loss Carryforward, a Similar Tax Loss, or a Tax Credit Carryforward Exists July 2013 Effective for fiscal years, and interim periods within those years, beginning after December 15, 2013. For nonpublic entities, the amendments are effective for fiscal years, and interim periods within those years, beginning after December 15, 2014. Early adoption is permitted. Update No. 2013-09— Fair Value Measurement (Topic 820): Deferral of the Effective Date of Certain Disclosures for Nonpublic Employee Benefit Plans in Update No. 2011-04 July 2013 The deferral in this amendment is effective upon issuance for financial statements that have not been issued. Update No. 2013-07— Presentation of Financial Statements (Topic 205): Liquidation Basis of Accounting April 2013 Effective for entities that determine liquidation is imminent during annual reporting periods beginning after December 15, 2013. Early adoption is permitted. Update No. 2013-04— Liabilities (Topic 405): Obligations Resulting from Joint and Several Liability Arrangements for Which the Total Amount of the Obligation Is Fixed at the Reporting Date February 2013 Effective for fiscal years, and interim periods within those years, beginning after December 15, 2013. For nonpublic entities, the amendments are effective for fiscal years ending after December 15, 2014, and interim periods and annual periods thereafter. Update 2013-02— Comprehensive Income (Topic 220): Reporting of Amounts Reclassified Out of Accumulated Other Comprehensive Income February 2013 For public entities, the amendments are effective prospectively for reporting periods beginning after December 15, 2012. For nonpublic entities, the amendments are effective prospectively for reporting periods beginning after December 15, 2013. Early adoption is permitted. Update 2013-01— Balance Sheet (Topic 210): Clarifying the Scope of Disclosures about Offsetting Assets and Liabilities January 2013 An entity is required to apply the amendments for fiscal years beginning on or after January 1, 2013, and interim periods within those annual periods. An entity should provide the required disclosures retrospectively for all comparative periods presented. The effective date is the same as the effective date of Update 2011-11. The Company has either evaluated or is currently evaluating the implications, if any, of each of these pronouncements and the possible impact they may have on the Company’s financial statements. In most cases, management has determined that the pronouncement has either limited or no application to the Company and, in all cases, implementation would not have a material impact on the financial statements taken as a whole.

Summary of Significant Accoun32

Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Jun. 30, 2017
Accounting Policies [Abstract]
Schedule of Net Earnings (Loss) Per Share	The net earnings (loss) per share is computed as follows: 2017 2016 Basic and diluted net loss per share: Numerator: Net income (loss) $ (1,560,718 ) $ (7,998 ) Denominator: Basic weighted average number of common shares outstanding 15,553,354 5,324,120 Basic net income (loss) per share $ (0.10 ) $ (0.00 ) Diluted weighted average number of common shares outstanding 15,553,354 5,324,120 Diluted net income (loss) per share $ (0.10 ) $ (0.00 )
Schedule of Securities Available for Sale	Securities available for sale Level 1 Level 2 Level 3 Total June 30, 2017 $ - $ 210,646 $ 292,050 $ 502,696 June 30, 2016 $ - $ 60,054 $ 323,717 $ 383,770

Loans Receivable (Tables)

Loans Receivable (Tables)	12 Months Ended
	Jun. 30, 2017
Receivables [Abstract]
Schedule of Loans Receivable	Loans receivable consist of the following at June 30, 2017 and 2016: Loans Receivable June 30, 2017 June 30, 2016 Loan to Myson Group, Inc. $ - $ 2,282 Total $ - $ 2,282

Other Assets (Tables)

Other Assets (Tables)	12 Months Ended
	Jun. 30, 2017
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Schedule of Other Assets	The Other Assets comprise of the following as of June 30, 2017 and 2016: 2017 2016 Other Receivable $ - $ 66,955 Deposit for purchases $ - $ 75,000 Total Other Assets $ - $ 141,955

Marketable Equity Securities 35

Marketable Equity Securities Available for Sale (Tables)	12 Months Ended
	Jun. 30, 2017
Investments, Debt and Equity Securities [Abstract]
Schedule of Fair value of Investments Marketable Equity Securities	Securities available for sale Level 1 Level 2 Level 3 Total June 30, 2017 - $ 210,646 $ 292,050 $ 502,696 June 30, 2016 $ - $ 60,054 $ 323,717 $ 383,770

Accounts Payable and Accrued 36

Accounts Payable and Accrued Expenses (Tables)	12 Months Ended
	Jun. 30, 2017
Payables and Accruals [Abstract]
Schedule of Accounts Payable and Accrued Expenses	The accounts payable and accrued expenses at June 30, 2017 and 2016 consist of the following: Accounts Payable and Accrued Expenses June 30, 2017 June 30, 2016 Accounts payable $ 159,875 $ 144,212 Accrued salaries and payroll taxes $ 1,462,836 $ 1,090,279 Accrued interest $ 2,715,963 $ 2,879,655 Accrued legal expenses $ 172,091 $ 172,091 Accrued consulting fees $ 173,870 $ 173,870 Other accrued expenses $ 26,888 $ 26,888 Total $ 4,711,523 $ 4,486,995

Due to Officers and Directors (

Due to Officers and Directors (Tables)	12 Months Ended
	Jun. 30, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Components of Due to Officers and Directors	Officers/Directors June 30, 2017 June 30, 2016 Henry Fahman 511,291 811,324 Tam Bui 63,350 63,350 Frank Hawkins 5,000 12,500 Lawrence Olson 12,500 12,500 Total $ 592,141 $ 899,674

Stock-Based Compensation Plan (

Stock-Based Compensation Plan (Tables)	12 Months Ended
	Jun. 30, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Schedule of Fair Value of Stock Option Assumption	Risk-free interest rate 1.18 % Expected life 7 years Expected volatility 239.3 % Vesting is based on a one-year cliff from grant date.
Schedule of Fair Value of Stock Option Issuance Date	Holder Issue Date Maturity Date Stock Options Exercise Price Fair Value at Issuance Tam Bui 9/23/2016 9/23/2023 875,000 Fixed price: $0.24 $ 219,464 Frank Hawkins 9/23/2016 9/23/2023 875,000 Fixed price: $0.24 $ 219,464 Henry Fahman 9/23/2016 9/23/2023 4,770,000 Fixed price: $0.24 $ 1,187,984

Other Income (Expense) (Tables)

Other Income (Expense) (Tables)	12 Months Ended
	Jun. 30, 2017
Other Income and Expenses [Abstract]
Schedule of Other Income (Expense)	Net Other Income (Expense) for the fiscal year ended June 30, 2017 consists of the following: OTHER INCOME (EXPENSE) FY Ended June 30, 2017 Interest Expense $ (526,562 ) Gain (loss) on sale of marketable securities $ (2,874 ) Gain (loss) on sale of assets $ (20,011 ) Loss on loan/note conversions $ (131,818 ) Discount on Convertible Notes $ (155,192 ) Prepayment Premium $ (25,348 ) Write-offs $ (141,955 ) NET OTHER INCOME (EXPENSE) $ (1,003,760 )

Summary of Significant Accoun40

Summary of Significant Accounting Policies (Details Narrative)	12 Months Ended
	Jun. 30, 2017USD ($)Number	Jun. 30, 2016USD ($)	Sep. 14, 2016
Percentage of ownership	100.00%		77.00%
Minimum percentage of outstanding common stock and stock equivalents of investee	20.00%	20.00%
Marketable securities	$ 502,696	$ 481,120
Accounts receivable
Advertising costs	31,413	79,072
Decrease in advertising expenses	35,500
Accumulated other comprehensive loss	$ 153,474	$ 30,263
Number of reportable segment | Number	1
Minimum [Member]
Property and equipment, estimated useful lives of assets	3 years
Maximum [Member]
Property and equipment, estimated useful lives of assets	10 years
Philand Corporation and Philand Vietnam Ltd [Member]
Percentage of ownership	100.00%

Summary of Significant Accoun41

Summary of Significant Accounting Policies - Schedule of Net Earnings (Loss) Per Share (Details) - USD ($)	12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Accounting Policies [Abstract]
Net income (loss)	$ (1,560,718)	$ (7,998)
Basic weighted average number of common shares outstanding	15,553,354	5,324,120
Basic net income (loss) per share	$ (0.10)	$ 0
Diluted weighted average number of common shares outstanding	15,553,354	5,324,120
Diluted net income (loss) per share	$ (0.10)	$ 0

Summary of Significant Accoun42

Summary of Significant Accounting Policies - Schedule of Securities Available for Sale (Details) - USD ($)	Jun. 30, 2017	Jun. 30, 2016
Securities available for sale	$ 502,696	$ 481,120
Level 1 [Member]
Securities available for sale
Level 2 [Member]
Securities available for sale	210,646	60,054
Level 3 [Member]
Securities available for sale	$ 292,050	$ 323,717

Loans Receivable - Schedule of

Loans Receivable - Schedule of Loans Receivable (Details) - USD ($)	Jun. 30, 2017	Jun. 30, 2016
Loans receivable from related parties		$ 2,282
Loan to Myson Group, Inc [Member]
Loans receivable from related parties		$ 2,282

Other Assets (Details Narrative

Other Assets (Details Narrative) - USD ($)	Jul. 17, 2015	Jun. 30, 2011	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2014
Loans receivable					$ 66,955
Total other assets				$ 141,955
Christopher Martinez [Member]
Total other assets			$ 141,955
Manning Elliot LLP [Member]
Payment for restructuring requirements		$ 24,476
Asia Green Corporation, a Nevada Corporation [Member]
Payments to advance of other assets	$ 75,000
Asia Green Corporation [Member]
Issuance of common stock, shares	500,000

Other Assets - Schedule of Othe

Other Assets - Schedule of Other Assets (Details) - USD ($)	Jun. 30, 2017	Jun. 30, 2016
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Other Receivable		$ 66,955
Deposit for purchase		75,000
Total Other Assets		$ 141,955

Marketable Equity Securities 46

Marketable Equity Securities Available for Sale (Details Narrative) - USD ($)	Jun. 30, 2017	Jun. 30, 2016
Maximum percentage of outstanding common stock and stock equivalents of investee	20.00%
Marketable securities	$ 502,696	$ 383,770
Myson Group, Inc [Member] | OTC Markets [Member]
Number of marketable securities available for sale	33,975,106
Sports Pouch Beverage Co [Member] | OTC Markets [Member]
Number of marketable securities available for sale	292,050,000

Marketable Equity Securities 47

Marketable Equity Securities Available for Sale - Schedule of Fair value of Investments Marketable Equity Securities (Details) - USD ($)	Jun. 30, 2017	Jun. 30, 2016
Marketable Securities	$ 502,696	$ 383,770
Level 1 [Member]
Marketable Securities
Level 2 [Member]
Marketable Securities	210,646	60,054
Level 3 [Member]
Marketable Securities	$ 292,050	$ 323,717

Discontinued Operations (Detail

Discontinued Operations (Details Narrative) - USD ($)	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2013
Discontinued Operations and Disposal Groups [Abstract]
Liabilities from discontinued operations	$ 954,337		$ 2,234,327
Liabilities from discontinued operations, noncurrent	$ 1,040,037

Accounts Payable and Accrued 49

Accounts Payable and Accrued Expenses - Schedule of Accounts Payable and Accrued Expenses (Details) - USD ($)	Jun. 30, 2017	Jun. 30, 2016
Payables and Accruals [Abstract]
Accounts payable	$ 159,875	$ 144,212
Accrued salaries and payroll taxes	1,462,836	1,090,279
Accrued interest	2,715,963	2,879,655
Accrued legal expenses	172,091	172,091
Accrued consulting fees	173,870	173,870
Other accrued expenses	26,888	26,888
Total	$ 4,711,523	$ 4,486,995

Due to Officers and Directors50

Due to Officers and Directors (Details Narrative) - USD ($)	12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Due to officers	$ 592,141	$ 899,674
Restricted Stock [Member]
Conversion of debt into shares, value	$ 250,000
Conversion of debt into shares, shares	2,500,000
Common stock conversion price per share	$ 0.10
Restricted Stock [Member] | Frank Hawkins [Member]
Repayment of loans and advances in cash	$ 7,500

Due to Officers and Directors -

Due to Officers and Directors - Components of Due to Officers and Directors (Details) - USD ($)	Jun. 30, 2017	Jun. 30, 2016
Due to Officers/Directors	$ 592,141	$ 899,674
Henry Fahman [Member]
Due to Officers/Directors	511,291	811,324
Tam Bui [Member]
Due to Officers/Directors	63,350	63,350
Frank Hawkins [Member]
Due to Officers/Directors	5,000	12,500
Lawrence Olson [Member]
Due to Officers/Directors	$ 12,500	$ 12,500

Loans and Promissory Notes (Det

Loans and Promissory Notes (Details Narrative) - USD ($)

Aug. 14, 2017

Aug. 02, 2017

Jun. 09, 2017

Apr. 12, 2017

Apr. 06, 2017

Apr. 05, 2017

Apr. 04, 2017

Mar. 03, 2017

Feb. 23, 2017

Feb. 07, 2017

Jan. 30, 2017

Dec. 15, 2016

Aug. 30, 2016

Aug. 16, 2016

Jul. 20, 2016

Feb. 29, 2016

Jun. 30, 2017

Jun. 30, 2016

Feb. 06, 2017

Feb. 02, 2017

Short-term notes payable

$ 614,390

$ 673,660

Accrued interest

2,715,963

2,879,655

Accrued interest on notes payable

2,303,163

Convertible promissory note

$ 364,098

Common stock price per share

$ 1.50

Debt convertible, principal amount

$ 233,750

Legal fee

2,500

Derivative liabilities

454,756

Preferred stock shares subscribed

215,000

Advances from customers

288,219

Payments to acquire investments

$ (2,550)

Power Up Lending Group [Member]

Convertible promissory note

$ 33,500

$ 28,000

Due and payable date

Jan. 25, 2018

Nov. 30, 2017

Percentage of interest per annum

12.00%

8.00%

Common stock debt discount, percentage

42.00%

45.00%

Debt instrument payment for premium and accrued interest

$ 43,025

Auctus Fund, LLC [Member]

Accrued interest

$ 2,830

Convertible promissory note

59,580

EMA Financial LLC [Member]

Convertible promissory note

$ 50,000

Due and payable date

Apr. 4, 2018

Percentage of interest per annum

10.00%

Debt instrument convertible into shares value

$ 7,011

Debt conversion, converted instrument, shares issued

180,000

Common stock debt discount, percentage

50.00%

JSJ Investments, Inc [Member]

Convertible promissory note

$ 40,000

Due and payable date

Jan. 5, 2018

Percentage of interest per annum

10.00%

Common stock debt discount, percentage

45.00%

Crown Bridge Partners LLC [Member]

Convertible promissory note

$ 35,000

Due and payable date

Jun. 9, 2018

Percentage of interest per annum

5.00%

Common stock debt discount, percentage

50.00%

JSJ Investments [Member]

Payments to acquire investments

$ 31,463

September 30, 2017 [Member]

Debt convertible, principal amount

21,000

September 30, 2017 [Member] | Auctus Fund, LLC [Member]

Debt convertible, principal amount

$ 50,000

JSJ Investments, Inc [Member]

Convertible promissory note

$ 33,735

Debt instrument convertible into shares value

$ 33,735

Debt conversion, converted instrument, shares issued

657,169

JSJ Investments, Inc [Member] | Convertible Promissory Note [Member]

Convertible promissory note

$ 33,735

JSJ Investments, Inc [Member] | Convertible Promissory Note One [Member]

Convertible promissory note

$ 42,000

Percentage of interest per annum

10.00%

Common stock debt discount, percentage

45.00%

Auctus Fund, LLC [Member] | New Convertible Promissory Note [Member]

Convertible promissory note

$ 75,000

Due and payable date

Dec. 3, 2017

Percentage of interest per annum

10.00%

Common stock debt discount, percentage

50.00%

Auctus Fund, LLC [Member]

Accrued interest

$ 3,498

2,830

Convertible promissory note

24,150

59,580

$ 56,750

$ 56,750

Due and payable date

May 16, 2017

Nov. 29, 2016

Percentage of interest per annum

10.00%

10.00%

Note due and payable, description

In the event of default, the amount of principal and interest not paid when due bear interest at the rate of 24% per annum and the note becomes immediately due and payable.

Percentage of liable to pay of outstanding principal and interest

150.00%

Advance and loans in excess

$ 100,000

Percentage of common stock determined of average of trading price

50.00%

55.00%

Convertible issuance, description

Common Stock of the Company at a conversion price equals the lower of: (i) 50% multiplied by the average of the two lowest Trading Price during the previous twenty-five Trading Day period ending on the latest complete Trading Date prior to the date of this note and (ii) 50% multiplied by the average of the two lowest Trading Prices for the Common Stock during the twenty-five Trading Day period ending on the latest complete Trading Day prior to the Conversion Date. The note may be prepaid at 135% - 150% of outstanding principal and interest up to 180 days.

Outstanding note principal and interest accrued thereon can be converted in whole, or in part, at any time by Asher after the issuance date into an equivalent of the Company’s common stock determined by 55% of the average of the two lowest closing trading prices of the Company’s common stock during the twenty (20) trading days prior to the date the of the note. The Company may prepay the amounts outstanding to Auctus Fund at any time up to the 180th day following the issue date of this note by making a payment to the note holder of an amount in cash equal to 125% to 150%, multiplied by the sum of: (w) the then outstanding principal amount of this Note plus (x) accrued and unpaid interest on the unpaid principal amount of this Note plus (y) Default Interest, depending on the time of prepayment.

Debt instrument convertible into shares value

$ 20,652

$ 56,750

Number of free-trading, shares

529,598

Debt conversion, converted instrument, shares issued

750,000

529,598

Debt convertible, principal amount

$ 20,652

EMA Financial LLC [Member]

Convertible promissory note

$ 50,000

Percentage of interest per annum

10.00%

Percentage of common stock determined of average of trading price

55.00%

Convertible issuance, description

Common Stock of the Company at a conversion price equals the lower of: (i) the closing sale price of the Common Stock on the Principal Market on the Trading immediately preceding the Closing Date of this note, and (ii) 55% of the lowest sale price for the Common Stock on the Principal Market during the twenty (20) consecutive Trading Days immediately preceding the Conversion Date. The note may be prepaid at 130% - 145% of outstanding principal and interest up to 180 days.

Due and payable year

1 year

Power Up Lending Group [Member]

Convertible promissory note

$ 32,000

Due and payable date

Sep. 30, 2017

Percentage of interest per annum

8.00%

Percentage of liable to pay of outstanding principal and interest

150.00%

Convertible issuance, description

Convertible (after 180 days) to Common Stock of the Company at a conversion price equals to 58% multiplied by the average of the two lowest trading prices during the previous ten trading day period ending on the latest complete trading date prior to the conversion date; and the note may be prepaid at 150% of outstanding principal and interest up to 180 days.

Minimum [Member]

Short term notes payable interest rate

0.00%

Maximum [Member]

Short term notes payable interest rate

36.00%

Long-Term Liabilities (Details

Long-Term Liabilities (Details Narrative) - USD ($)	12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2013
Preferred stock shares subscribed	$ 215,000
Accrue imputed interest expenses on periodic basis	215,000
Accrued interest	2,715,963	$ 2,879,655
Advances from customers	288,219
Other accrued expense	26,888
Accrued legal fees	172,091
Accrued salaries and payroll taxes	1,089,987
Consulting fees	173,870
Accrued interest on notes payable	2,303,163
Discontinued operations	954,337		$ 2,234,327
Contingent liabilities	85,700
Preferred Stock [Member]
Accrued interest	$ 438,600	$ 413,255

Litigation (Details Narrative)

Litigation (Details Narrative) - USD ($)	Jul. 09, 2012	Oct. 31, 2000	May 31, 2011	Jun. 30, 2017	Feb. 01, 2010
Costs incurred in breach of contract for damages		$ 75,000
Settlement agreement amount				$ 62,500
Administrative costs				4,500
Legal costs				2,500
Accrued litigation amount			$ 140,491	79,000
Accrued potential liabilities				172,091
Promissory notes outstanding					$ 140,000
Accrued Liabilities [Member]
Accrued potential liabilities				$ 90,000
William Davidson [Member]
Settlement agreement amount	$ 200,000

Payroll Liabilities (Details Na

Payroll Liabilities (Details Narrative) - USD ($)	3 Months Ended	12 Months Ended
	Jun. 30, 2014	Jun. 30, 2014
Penalties, interest and tax		$ 118,399
Internal Revenue Service [Member]
Penalties, interest and tax	$ 41,974
State of California Employment Development Department [Member]
Penalties, interest and tax	$ 19,290

Stockholder's Equity (Details N

Stockholder's Equity (Details Narrative) - USD ($)	Jun. 28, 2017	Jun. 23, 2017	Apr. 06, 2017	Mar. 08, 2017	Feb. 09, 2017	Feb. 07, 2017	Jan. 30, 2017	Dec. 22, 2016	Dec. 05, 2016	Oct. 30, 2016	Aug. 30, 2016	Aug. 29, 2016	Jul. 29, 2016	Apr. 02, 2015	Jun. 30, 2017	Jun. 30, 2016	Apr. 04, 2017	Feb. 06, 2017	Aug. 16, 2016	Feb. 29, 2016
Number of authorized capital stock															1,000,000,000
Number of authorized capital stock, par value															$ 0.001
Common stock, shares authorized															900,000,000	900,000,000
Common stock, par value															$ 0.001	$ 0.001
Preferred stock, shares authorized															100,000,000	100,000,000
Preferred stock, par value															$ 0.001	$ 0.001
Treasury stock, post-split shares															321,569	67,271
Treasury stock, value															$ 40,908	$ 21,823
Issued share per share price															$ 1.50
Issued shares to investor in cash, value																40,000
Accrued interest															$ 2,715,963	2,879,655
Convertible promissory note															364,098
Legal fee															2,500
Debt convertible, principal amount															$ 233,750
Stock issued during period for services, value																$ 33,000
Common stock, shares issued															16,109,036	9,697,498
Common stock, shares outstanding															16,109,036	9,697,498
Preferred stock issued
Preferred stock outstanding
Class A Preferred Stock [Member]
Preferred stock, shares authorized														100,000,000
Preferred stock, par value														$ 0.001
Preferred stock, shares designated														50,000,000
Percentage of non-compounding cumulative dividends per annum														12.00%
Percentage of variable conversion market price														75.00%
Percentage of discount rate														25.00%
Percentage of original purchase price of preferred stock														120.00%
September 30, 2017 [Member]
Common stock, shares issued															41,082,982
Common stock, shares outstanding															41,082,982
Number of common stock for future reserve															5,673,327
JSJ Investments, Inc [Member]
Converted shares, value						$ 33,735
Number of converted shares during period						657,169
Convertible promissory note																		$ 33,735
EMA Financial LLC [Member]
Converted shares, value				$ 7,870	$ 7,200
Number of converted shares during period				224,340	200,000
Auctus Fund, LLC [Member]
Converted shares, value			$ 20,652								$ 56,750
Number of converted shares during period			750,000								529,598
Accrued interest			$ 3,498								$ 2,830
Convertible promissory note			24,150								59,580								$ 56,750	$ 56,750
Debt convertible, principal amount			$ 20,652
Thuong Le [Member]
Number of converted shares during period									606,060
Accrued interest									$ 150,000
Henry Fahman [Member]
Converted shares, value								$ 250,000
Restricted Stock [Member]
Converted shares, value															$ 250,000
Number of converted shares during period															2,500,000
Debt instrument, convertible, conversion price															$ 0.10
Restricted Stock [Member] | Investor [Member]
Issued share per share price												$ 0.4088
Number of shares issued during period to investor in cash, shares												48,930
Issued shares to investor in cash, value												$ 20,000
Restricted Stock [Member] | Consultant [Member]
Number of shares issued during period for services										200,000
Issued share per share price										$ 0.25
Restricted Stock [Member] | Henry Fahman [Member]
Number of converted shares during period								2,500,000
Restricted Stock [Member] | Henry Fahman [Member] | July 25, 2017 [Member]
Converted shares, value															$ 300,000
Number of converted shares during period															20,000,000
Debt instrument, convertible, conversion price															$ 0.015
Restricted Stock [Member] | Two Non-US Shareholders [Member] | July 25, 2017 [Member] | Private Stock Purchase Agreements [Member]
Issued share per share price															$ 0.015
Number of shares issued during period to investor in cash, shares															1,533,333
Issued shares to investor in cash, value															$ 23,000
Milost Advisors, Inc [Member]
Number of shares issued during period for services	90,000
Cancellation of common stock issued for service	225,000
Milost Advisors, Inc [Member] | Restricted Stock [Member]
Number of shares issued during period for services													22,500
Issued share per share price													$ 0.40
Auctus Fund, LLC [Member]
Accrued interest											2,830
Convertible promissory note											$ 59,580
Auctus Fund, LLC [Member] | July 11, 2017 [Member]
Converted shares, value															$ 5,152
Number of converted shares during period															800,000
Debt instrument, convertible, conversion price															$ 0.00644
Accrued interest															$ 1,667
Debt convertible, principal amount															3,485
Auctus Fund, LLC [Member] | July 24, 2017 [Member]
Accrued interest															0
Debt convertible, principal amount															32,613
Repayments of debt															49,530
EMA Financial LLC [Member]
Converted shares, value							$ 7,011
Number of converted shares during period							180,000
Convertible promissory note																	$ 50,000
Power Up Lending Group Ltd [Member]
Converted shares, value		$ 7,500
Number of converted shares during period		495,441
Debt instrument, convertible, conversion price		$ 0.015138
Debt convertible, principal amount		$ 24,500
Power Up Lending Group Ltd [Member] | July 5, 2017 [Member]
Converted shares, value															$ 10,000
Number of converted shares during period															740,741
Debt instrument, convertible, conversion price															$ 0.0135
Debt convertible, principal amount															$ 14,500
Power Up Lending Group Ltd [Member] | July 17, 2017 [Member]
Converted shares, value															$ 7,920
Number of converted shares during period															880,000
Debt instrument, convertible, conversion price															$ 0.09
Power Up Lending Group Ltd [Member] | July 21, 2017 [Member]
Converted shares, value															$ 7,955
Number of converted shares during period															1,019,872
Debt instrument, convertible, conversion price															$ 0.0078
Accrued interest															$ 1,375
Debt convertible, principal amount															$ 6,580

Stock-Based Compensation Plan57

Stock-Based Compensation Plan (Details Narrative) - $ / shares	Sep. 23, 2016	Mar. 18, 2015
Employee benefit plan shares of common stock for eligible employees		1,000,000
Henry Fahman [Member]
Option grant date exercise price per share	$ 0.24
Number of option shares	6,520,000
Number of options outstanding term	7 years
Number of options exercisable term	1 year

Stock-Based Compensation Plan -

Stock-Based Compensation Plan - Schedule of Fair Value of Stock Option Assumption (Details)	12 Months Ended
	Jun. 30, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Risk-free interest rate	1.18%
Expected life	7 years
Expected volatility	239.30%

Stock-Based Compensation Plan59

Stock-Based Compensation Plan - Schedule of Fair Value of Stock Option Issuance Date (Details)	12 Months Ended
	Jun. 30, 2017USD ($)$ / sharesshares
Tam Bui [Member]
Stock Options Issue Date	Sep. 23, 2016
Stock Options Maturity Date	Sep. 23, 2023
Stock Options Shares | shares	875,000
Stock Options Exercise Price | $ / shares	$ 0.24
Fair Value at Issuance of Stock Option | $	$ 219,464
Frank Hawkins [Member]
Stock Options Issue Date	Sep. 23, 2016
Stock Options Maturity Date	Sep. 23, 2023
Stock Options Shares | shares	875,000
Stock Options Exercise Price | $ / shares	$ 0.24
Fair Value at Issuance of Stock Option | $	$ 219,464
Henry Fahman [Member]
Stock Options Issue Date	Sep. 23, 2016
Stock Options Maturity Date	Sep. 23, 2023
Stock Options Shares | shares	4,770,000
Stock Options Exercise Price | $ / shares	$ 0.24
Fair Value at Issuance of Stock Option | $	$ 1,187,984

Gain (loss) On Settlement of 60

Gain (loss) On Settlement of Debts (Details Narrative)	12 Months Ended
	Jun. 30, 2017USD ($)
Gain Loss On Settlement Of Debts
Loss on settlement of debts	$ 131,818

Other Income (Expense) - Schedu

Other Income (Expense) - Schedule of Other Income (Expense) (Details) - USD ($)	12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Other Income and Expenses [Abstract]
Interest Expense	$ (526,562)
Gain (loss) on sale of marketable securities	(2,874)
Gain (loss) on sale of assets	(20,011)
Loss on loan/note conversions	(131,818)
Discount on Convertible Notes	(155,192)
Prepayment Premium	(25,348)
Write-offs	(141,955)
NET OTHER INCOME (EXPENSE)	$ (1,003,760)

Related Party Transactions (Det

Related Party Transactions (Details Narrative) - USD ($)	Jun. 05, 2017	Jun. 30, 2017
American Laser Healthcare Corp. [Member]
Fee received	$ 20,000
President and Secretary [Member]
Accrued salaries		$ 210,000

Income Taxes (Details Narrative

Income Taxes (Details Narrative)	12 Months Ended
	Jun. 30, 2017USD ($)
Income Tax Disclosure [Abstract]
Operating loss carry forwards	$ 39,300,254
Operating loss carry forwards taxable income due period description	The net operating loss carry forward may be used to reduce taxable income through the year 2032. Net operating loss for carry forwards for the State of California is generally available to reduce taxable income through the year 2022.
Percentage of limitation in ownership change	50.00%

Contracts and Commitments (Deta

Contracts and Commitments (Details Narrative)

Mar. 03, 2017USD ($)a

Jan. 26, 2017

Dec. 31, 2016shares

Sep. 30, 2016

Sep. 27, 2016USD ($)$ / shares

Sep. 25, 2016USD ($)$ / shares

Sep. 23, 2016shares

Sep. 03, 2016USD ($)

Aug. 30, 2016USD ($)

Jul. 11, 2016USD ($)$ / shares

Jul. 17, 2015USD ($)shares

Jun. 24, 2015USD ($)

Sep. 30, 2011USD ($)

Jun. 30, 2017USD ($)$ / sharesshares

Jun. 30, 2017USD ($)$ / sharesshares

Jun. 30, 2016USD ($)

Jun. 29, 2017

May 26, 2017

Sep. 28, 2016USD ($)

Sep. 14, 2016

Sep. 08, 2016USD ($)

Revenues

Customer advances

$ 288,219

$ 288,219

Stock issued for services

33,000

Stock price per share | $ / shares

$ 1.50

$ 1.50

Percentage of equity ownership

100.00%

100.00%

77.00%

Business acquisition percentage

94.00%

Purchase price

$ (82,733)

82,733

Initial deposit

75,000

Common stock beneficially conversion, percentage

4.99%

Board of Directors, President and CEO [Member]

Number of options, grants in period, gross | shares

6,520,000

Award vesting period

1 year

Bonifay, Holmes County [Member]

Total area in hectares | a

408

Purchase price

$ 1,500,000

Initial deposit

$ 37,500

Investment Agreement [Member]

Number of common stock shares issued during the period | shares

65,445,000

Payment of commitment

$ 10,000,000

Business acquisition percentage

200.00%

Purchase price

$ 250,000

Consulting Engagement Agreement [Member] | Primeforth Renewable Energy Ltd [Member]

Revenues

$ 40,000

40,000

Percentage of cash success fee

4.00%

Non-refundable professional fee

$ 20,000

Expiration period of agreement

1 year

Consulting Service Agreement [Member]

Expiration period of agreement

1 year

Agreement description

The Company signed an agreement to engage a consultant for M&A due diligence, business development, and other corporate services for a period of on year. The Company has agreed to pay the consultant a one-time fee of one hundred thousand restricted shares of the PHI Group’s stock as compensations for the term of the agreement.

Asia Green Corp [Member]

Stock compensation expenses

$ 75,000

Number of common stock shares allocated for exchange of funds | shares

500,000

letter with Milost Advisors, Inc [Member]

Retainer fee

$ 100,000

Cash

10,000

Stock issued for services

$ 90,000

Stock price per share | $ / shares

$ 0.40

Percentage of cash success fee

8.00%

Percentage of equity ownership

5.00%

Milost Advisors, Inc [Member]

Payment of debt

$ 12,000,000

Number of shares returned to client | shares

90,000

Line of credit loan facility

20,000,000

Proceeds from drawdown line of credit

8,000,000

Line of credit facility non interest bearing

$ 12,000,000

Debt period interest rate

5.00%

TCA Global Credit Master Fund, LP [Member]

Line of credit maximum borrowing

$ 15,000,000

Line of credit available for drawdown

$ 4,000,000

Line of credit interest rate

80.00%

Milost Global, Inc [Member]

Proceeds from drawdown line of credit

$ 15,000,000

Investment cost

$ 100,000,000

Working capital

$ 15,000,000

Contingency discount rate

20.00%

Commitment fee percent

4.00%

Milost Global, Inc [Member] | Milost Equity Subscription Agreement [Member]

Stock price per share | $ / shares

$ 2

$ 2

Line of credit maximum borrowing

$ 500,000

Investment cost

$ 50,000,000

Working capital

$ 100,000

Contingency discount rate

20.00%

Common stock not reached price per share | $ / shares

$ 2

Trading price per share | $ / shares

$ 2

$ 6

$ 6

Payment of commitment

$ 2,750,000

Debt commitment of convertible note

$ 50,000,000

Debt instrument interest rate

5.00%

Proceeds from cash payment for acquisition

$ 2,150,000

Document fees

$ 500,000

$ 500,000

PHI Group, Inc [Member]

Investment cost

50,000,000

Loan payable

$ 50,000,000

Thinh Hung Investment Co [Member]

Revenues

$ 26,656

Payment of debt

$ 5,000

Sports Pouch Beverage Co [Member]

Number of common stock shares issued during the period | shares

292,050,000

Number of shares returned to client | shares

97,350,000

Abound Farms, Inc [Member]

Business acquisition percentage

100.00%

Hoang Minh Chau Hung Yen, LLC [Member]

Business acquisition percentage

51.00%

Maxagro Farm SRL [Member]

Percentage of equity ownership

51.00%

Constructii SA [Member]

Percentage of equity ownership

51.00%

Going Concern Uncertainty (Deta

Going Concern Uncertainty (Details Narrative) - USD ($)	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Accumulated deficit	$ 39,299,754	$ 37,774,842
Stockholders' deficit	$ 7,513,481	$ 7,001,960	$ 8,981,460

Subsequent Event (Details Narra

Subsequent Event (Details Narrative)

Sep. 09, 2017USD ($)

Sep. 02, 2017USD ($)aNumber$ / shares

Aug. 24, 2017USD ($)

Aug. 23, 2017

Aug. 15, 2017USD ($)

Aug. 14, 2017USD ($)

Aug. 07, 2017

Aug. 03, 2017USD ($)shares

Aug. 02, 2017USD ($)

Jul. 24, 2017USD ($)

Jul. 20, 2017USD ($)

Dec. 15, 2016USD ($)

Aug. 16, 2016USD ($)

Feb. 29, 2016USD ($)

Sep. 30, 2017USD ($)

Sep. 20, 2017$ / sharesshares

Jun. 30, 2017USD ($)$ / sharesshares

Apr. 06, 2017USD ($)

Sep. 14, 2016

Aug. 30, 2016USD ($)

Jun. 30, 2016USD ($)$ / sharesshares

Convertible promissory note

$ 364,098

Customer advances

$ 288,219

Acquire percentage from equity interest

100.00%

77.00%

Preferred stock, per share | $ / shares

$ 0.001

$ 0.001

Common stock, shares authorized | shares

900,000,000

900,000,000

Common stock with a par value | $ / shares

$ 0.001

$ 0.001

Preferred stock, shares authorized | shares

100,000,000

100,000,000

Auctus Fund, LLC [Member]

Convertible promissory note

$ 56,750

$ 56,750

$ 24,150

$ 59,580

Convertible promissory note interest rate

10.00%

10.00%

Convertible promissory note maturity date

May 16, 2017

Nov. 29, 2016

Power Up Lending Group [Member]

Convertible promissory note

$ 32,000

Convertible promissory note interest rate

8.00%

Convertible promissory note maturity date

Sep. 30, 2017

Subsequent Event [Member]

Common stock, shares authorized | shares

1,000,000,000

Subsequent Event [Member] | Class A Series II Preferred Stock [Member]

Preferred stock, per share | $ / shares

$ 5

Cumulative dividends rate

8.00%

Redeemable premium, percentage

120.00%

Original price per share, description

The PHI Group’s Class A Series II Preferred Stock is priced at $5 per share (“Original Price per Share”), carrying a cumulative dividend rate of 8%, redeemable at 120% premium to the Original Price per Share, and convertible to Common Stock of PHI Group at 25% discount six months after issuance or to Common Stock of APR at 50% discount to the then relevant market price when APR has become a fully-reporting company.

Subsequent Event [Member] | Common Stock [Member]

Common stock, shares authorized | shares

900,000,000

Common stock with a par value | $ / shares

$ 0.001

Subsequent Event [Member] | Non-voting Class A Series I Preferred Stock [Member]

Common stock, shares authorized | shares

50,000,000

Common stock with a par value | $ / shares

$ 5

Subsequent Event [Member] | Non-voting Class A Series II Preferred Stock [Member]

Common stock, shares authorized | shares

25,000,000

Common stock with a par value | $ / shares

$ 5

Subsequent Event [Member] | Non-voting Class A Series III Preferred Stock [Member]

Common stock, shares authorized | shares

20,000,000

Common stock with a par value | $ / shares

$ 5

Subsequent Event [Member] | Voting Class A Series IV Preferred Stock [Member]

Common stock, shares authorized | shares

5,000,000

Common stock with a par value | $ / shares

$ 5

Subsequent Event [Member] | Minimum [Member]

Fertilizer usage, percentage

30.00%

Boosting crop yields, percentage

30.00%

Subsequent Event [Member] | Maximum [Member]

Water consumption, percentage

30.00%

Fertilizer usage, percentage

50.00%

Boosting crop yields, percentage

50.00%

Subsequent Event [Member] | Settlement Agreement [Member] | Minimum [Member] | PHI Group, Inc [Member]

Transfer shares of common stock | shares

480,000

Unrealized sale of equity investment

$ 381,000

Subsequent Event [Member] | Thinh Hung Investment Co [Member] | Settlement Agreement [Member]

Investment on debt

381,000

Customer advances

288,219

Subsequent Event [Member] | Thinh Hung Investment Co [Member] | Settlement Agreement [Member] | PHI Group, Inc [Member]

Pay cash directly

$ 381,000

Receipt share of stock authorized | shares

480,000

Subsequent Event [Member] | Medical Corp SRL [Member]

Acquire percentage from equity interest

80.00%

Purchase price, description

The Company signed a Letter of Intent to acquire eighty percent (80%) equity interest in Medical Corp SRL (“MDC”) for the price of one million Euros.

Subsequent Event [Member] | Rush Gold Royalty Inc [Member] | Agreement of Purchase and Sale [Member]

Acquire percentage from equity interest

51.00%

Number of mining claims | Number

21

Area of land | a

400

Purchase price

$ 25,000,000

Subsequent Event [Member] | Rush Gold Royalty Inc [Member] | Agreement of Purchase and Sale [Member] | Class A Series II Convertible Cumulative Redeemable Preferred Stock [Member]

Purchase price

20,000,000

Subsequent Event [Member] | Cash and Demand Promissory Note [Member] | Rush Gold Royalty Inc [Member] | Agreement of Purchase and Sale [Member]

Purchase price

$ 5,000,000

Subsequent Event [Member] | Auctus Fund, LLC [Member] | Convertible Promissory Note [Member]

Payments of related party debt

$ 39,308

$ 49,531

Unpaid principal balance

$ 50,000

Subsequent Event [Member] | JSJ Investments [Member] | Convertible Promissory Note [Member]

Payments of related party debt

$ 31,463

Unpaid principal balance

$ 21,000

Subsequent Event [Member] | Power Up Lending Group [Member] | Convertible Promissory Note [Member]

Payments of related party debt

$ 43,025

Subsequent Event [Member] | Power Up Lending Group [Member] | New Convertible Promissory Note [Member]

Convertible promissory note

$ 33,000

$ 28,000

Convertible promissory note interest rate

10.00%

8.00%

Common stock debt discount, percentage

42.00%

42.00%

Convertible promissory note maturity date

May 15, 2018

Apr. 30, 2018

Subsequent Event [Member] | JSJ Investments, Inc [Member] | New Convertible Promissory Note [Member]

Convertible promissory note

$ 78,750

Convertible promissory note interest rate

10.00%

Common stock debt discount, percentage

45.00%

Convertible promissory note maturity date

May 3, 2018

Subsequent Event [Member] | LG Capital [Member] | New Convertible Promissory Note [Member]

Convertible promissory note

$ 78,750

Convertible promissory note interest rate

8.00%

Common stock debt discount, percentage

50.00%

Convertible promissory note maturity date

May 26, 2018