Quarterly report pursuant to Section 13 or 15(d)

Convertible Debt (Tables)

v3.7.0.1
Convertible Debt (Tables)
9 Months Ended
Mar. 31, 2017
Convertible Debt/Notes Payable [Abstract]  
Schedule of convertible debt
    March 31, 
2017
    June 30,
2016
 
             
Convertible notes payable, annual interest rate of 10% to 12%, due dates range from May 2010 to February 2019 and convertible into common stock at a rate of $0.04 to $1.00 per share.   $ 7,628,185     $ 8,625,015  
Convertible note payable, annual interest rate of 10%, convertible into common stock at a rate of $1.00 per share and due July 2017.     750,000       750,000  
Unamortized prepaid financing costs     (693,280 )     (1,287,109 )
Unamortized warrants discount to notes     (150,753 )     (363,663 )
Unamortized debt discount     (965,580 )     (1,308,872 )
      6,568,572       6,415,371  
Less current portion     (6,292,293 )     (609,905 )
Convertible debt, net of current portion and debt discount   $ 276,279     $ 5,805,466