Annual report pursuant to Section 13 and 15(d)

CONVERTIBLE NOTE RECEIVABLE ??? RELATED PARTY (Tables)

v3.22.2.2
CONVERTIBLE NOTE RECEIVABLE – RELATED PARTY (Tables)
 12 Months Ended
Jun. 30, 2022
Receivables [Abstract]  
SCHEDULE OF CONVERTIBLE NOTES

The following table summarizes the convertible notes receivable from WRLD3D.

 

        Convertible Note     Accrued  
Agreement Date   Interest Rate     Maturity 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               $ -     $ -