NETSOL Technologies, Inc. Quarterly report pursuant to Section 13 or 15(d)

CONVERTIBLE NOTES RECEIVABLE – RELATED PARTY (Tables)

9 Months Ended

Mar. 31, 2022

The following table summarizes the convertible notes receivable from WRLD3D.

SCHEDULE OF CONVERTIBLE NOTES

					Convertible
Agreement	Interest			Maturity	Note			Accrued
Date	Rate			Date	Amount			Interest
May 25, 2017		5	%	March 2, 2018	$	750,000		$	110,202
February 9, 2018		10	%	March 31, 2019		2,500,000			500,773
April 1, 2019		10	%	March 31, 2020		600,000			57,648
August 19, 2019		10	%	March 31, 2020		400,000			32,439
						4,250,000			701,062
Less allowance for doubtful account						(4,250,000	)		(701,062	)
Net Balance					$	-		$	-