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Note 8 - Warrant Derivative Liability (Tables) | 12 Months Ended
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Jun. 30, 2016
Notes Tables |
Fair Value Measurements, Nonrecurring [Table Text Block] |
|  | Issued Warrants |  |  | Fair Value Per Share $ as of June 30, 2016 |  |  | Total Fair Value in Aggregate $ as of June 30, 2016 |  |  | Total Fair Value in Aggregate $ as of June 30, 2015 |
June 2012 Warrants |  |  | 562,551 |  |  | $ | 0.008 |  |  | $ | 5,000 |  |  | $ | 4,000 |
July 2012 Warrants |  |  | 338,013 |  |  | $ | 0.009 |  |  | $ | 3,000 |  |  | $ | 3,000 |
August 2012 Warrants |  |  | 120,719 |  |  | $ | 0.010 |  |  | $ | 1,000 |  |  | $ | 1,000 |
October 2012 Warrants |  |  | 48,287 |  |  | $ | 0.012 |  |  | $ | 1,000 |  |  | $ | 1,000 |
Advisory Agreement Warrants |  |  | 1,837,777 |  |  | $ | 0.008 |  |  | $ | 14,000 |  |  | $ | 14,000 |
Total |  |  | 2,907,347 |  |  |  |  |  |  | $ | 24,000 |  |  | $ | 23,000 |
Fair Value of Warrant Derivative Evaluation Techniques [Table Text Block] |
|  | As of June 30, 2016 |  |  | As of June 30, 2015 |
Risk-free interest rate |  |  | 0.44%-0.49 | % |  |  | 0.62%-0.76 | %
Expected life (average) (years) |  |  | .96–1.33 |  |  |  | 1.96-2.34 |
Stock price (based on prices on valuation date) |  | $ | 0.05 |  |  | $ | 0.05 |
Exercise price |  | $ | 0.15 |  |  | $ | 0.27 |
Expected volatility |  |  | 110 | % |  |  | 100 | %

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- Definition Tabular disclosure of assets and liabilities by class, including financial instruments measured at fair value that are classified in shareholders' equity, if any, that are measured at fair value on a nonrecurring basis in periods after initial recognition (for example, impaired assets). Disclosures may include, but are not limited to: (a) the fair value measurements recorded and the reasons for the measurements and (b) the level within the fair value hierarchy in which the fair value measurements are categorized in their entirety (levels 1, 2, 3). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (bbb) -URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19207-110258 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19190-110258 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19207-110258 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19207-110258 + Details
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