Quarterly report pursuant to Section 13 or 15(d)

Stockholders' Equity

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Stockholders' Equity
6 Months Ended
Dec. 31, 2020
Equity [Abstract]  
Stockholders' Equity

NOTE 16 - STOCKHOLDERS’ EQUITY

 

During the three and six months ended December 31, 2020, the Company issued 3,020 and 6,040 shares of common stock for services rendered by officers of the Company. These shares were valued at the fair market value of $17,068 and $34,136, respectively.

 

During the three and six months ended December 31, 2020, the Company issued nil and 1,983 shares of common stock for services rendered by the independent members of the Board of Directors as part of their board compensation. These shares were valued at the fair market value of $Nil and $11,997.

 

During the three and six months ended December 31, 2020, the Company issued 7,393 and 17,286 shares of its common stock to employees pursuant to the terms of their employment agreements valued at $41,600 and $99,548, respectively.