Quarterly report pursuant to Section 13 or 15(d)

Derivative Liability (Tables)

v3.7.0.1
Derivative Liability (Tables)
9 Months Ended
Mar. 31, 2017
Offsetting Assets [Line Items]  
Schedule of derivative liability activity
Balance at June 30, 2016   $ 188,128  
Derivative liability reclass into additional paid in capital upon notes conversion     (125,710 )
Initial measurement at issuance date of the notes     409,240  
Change in fair value of derivative at period end     (43,834 )
Balance March 31, 2017   $ 427,824  
Fair Value Embedded Derivative [Member]  
Offsetting Assets [Line Items]  
Schedule of fair value of the embedded derivative using the Black-Scholes Model with assumptions
(1) dividend yield of   0%;
(2) expected volatility of   164%,
(3) risk-free interest rate of   0.87%,
(4) expected life of   36 months
(5) fair value of the Company’s common stock of   $0.26 per share.
Fair Value Embedded Derivative One [Member]  
Offsetting Assets [Line Items]  
Schedule of fair value of the embedded derivative using the Black-Scholes Model with assumptions
(1) dividend yield of   0%;
(2) expected volatility of   149%,
(3) risk-free interest rate of   0.79%,
(4) expected life of   9 months
(5) fair value of the Company’s common stock of   $0.09 per share.
Fair Value Embedded Derivative Two [Member]  
Offsetting Assets [Line Items]  
Schedule of fair value of the embedded derivative using the Black-Scholes Model with assumptions
(1) dividend yield of   0%;
(2) expected volatility of   134%,
(3) risk-free interest rate of   0.84%,
(4) expected life of   6 months
(5) fair value of the Company’s common stock of   $0.08 per share.