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Common Stock
12 Months Ended
Jun. 30, 2026
Common Stock [Abstract]  
COMMON STOCK
5. COMMON STOCK

 

Year Ended June 30, 2026

 

During the year ended June 30, 2026, the Company issued 58,119,322 shares of common stock for cash proceeds of $1,168,953 and the Company issued 252,631,579 shares of common stock, upon conversion of 2,400 shares of preferred stock with a stated value of $240,000 at a conversion price of $0.00095.

 

Year Ended June 30, 2025

 

On November 11, 2022, the Company entered into a purchase agreement with an investor for the sale of up to $45,000,000 of shares of common stock. For the year ended June 30, 2025, the Company issued 118,513,734 shares of common stock for $2,250,000 under the purchase agreement at prices of $0.0156 - $0.02024, pursuant to purchase notices received from the investor. The finance cost of $48,075 was deducted from the gross proceeds, leaving net proceeds of $2,201,925.

 

On November 22, 2024, the Company issued 231,578,947 shares of common stock, upon conversion of 2,200 shares of preferred stock with a stated value of $220,000 at a conversion price of $0.00095.