ACQUISITION OF NON-CONTROLLING INTEREST (Details Narrative) - USD ($) |
1 Months Ended | 3 Months Ended | |||
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May 19, 2021 |
Sep. 17, 2019 |
Mar. 31, 2018 |
Jun. 30, 2021 |
Jun. 30, 2020 |
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Partnership prcentage | 100 | ||||
Fair value of shares | $ 0 | $ 560,000 | |||
Securities Purchase Agreement [Member] | Series B Preferred Equity Offering [Member] | |||||
Partnership prcentage | 51% | ||||
Purchase of common stock, shares | 980,000 | 5,000 | |||
Purchase price of share | $ 1,000,000 | ||||
Issuance of common stock | 3,960,396 | ||||
Market value price per share | $ 0.505 | ||||
Fair value of shares | $ 2,000,000 | ||||
Total acquisition | $ 3,000,000 | ||||
F&T [Member] | |||||
Partnership prcentage | 49% | ||||
NAS [Member] | |||||
Partnership prcentage | 100% | ||||
Non-controlling interest in NAS | (87,830) | ||||
Acquisition of non-controlling interest | $ (3,087,830) |
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- References No definition available.
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- Definition Percentage of subsidiary's or equity investee's stock owned by parent company after stock transaction. No definition available.
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- Definition The capitalized costs incurred during the period (excluded from amortization) to purchase, lease or otherwise acquire an unproved property, including costs of lease bonuses and options to purchase or lease properties, the portion of costs applicable to minerals when land including mineral rights is purchased in fee, brokers' fees, recording fees, legal costs, and other costs incurred in acquiring properties. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Price of a single share of a number of saleable stocks paid or offered to be paid in a business combination. No definition available.
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- Definition Portion of equity (net assets) in a variable interest entity (VIE) not attributable, directly or indirectly, to the parent entity. That is, this is the portion of equity in a VIE that is attributable to the noncontrolling interest (previously referred to as minority interest). No definition available.
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- Definition Number of shares of stock issued attributable to transactions classified as other. No definition available.
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- Definition Number of shares of stock issued during the period as part of a transaction to acquire assets that do not qualify as a business combination. No definition available.
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- Definition Value of shares of stock issued attributable to transactions classified as other. No definition available.
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- Definition Equity impact of the value of stock that has been repurchased during the period and has not been retired and is not held in treasury. Some state laws may mandate the circumstances under which an entity may acquire its own stock and prescribe the accounting treatment therefore. This element is used when state law does not recognize treasury stock. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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