|12 Months Ended|
Jun. 30, 2019
20. Subsequent Events
On July 11, 2019, one of the holders of the Series A Convertible Preferred Stock converted 45 shares into 50,000 shares of the Company’s common stock.
On August 20, 2019, several holders of the Series A Convertible Preferred Stock converted 3,600 shares into approximately 4.0 million shares of the Company’s common stock.
The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business.
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef