Quarterly report pursuant to Section 13 or 15(d)

Convertible Notes Payable (Tables)

v3.19.1
Convertible Notes Payable (Tables)
 9 Months Ended
Mar. 31, 2019
Debt Disclosure [Abstract]  
Convertible Debt [Table Text Block]
As of January 30, 2019, the aggregate principal and accrued interest of $6,140,117 converted to Series AA Preferred Stock, as follows:
 
 
 
Interest
 
 
 
 
 
Accrued
 
 
Converted to
 
 
Ending
 
Issuance/ Amendment Date
 
Rate
 
 
Principal
 
 
Interest
 
 
Series AA
 
 
Balance
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
February 26, 2018
 
 
15
% 
(1)
 
$
500,000
 
 
$
94,932
 
 
$
(594,932
)
 
$
-
 
April 3, 2018
 
 
15
% 
(1)
 
 
4,040,000
 
 
 
589,064
 
 
 
(4,629,064
)
 
 
-
 
April 3, 2018
 
 
15
% 
(1)
 
 
700,000
 
 
 
102,066
 
 
 
(802,066
)
 
 
-
 
April 11, 2018
 
 
15
% 
(1)
 
 
100,000
 
 
 
14,055
 
 
 
(114,055
)
 
 
-
 
Total
 
 
 
 
 
$
5,340,000
 
 
$
800,117
 
 
$
(6,140,117
)
 
$
-
 
 
     
 
(1)
Represents the interest rate that was in effect for the nine months ended March 31, 2019.