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Equity Transactions (Tables)
3 Months Ended
Sep. 30, 2017
Schedule of Stockholders Equity [Table Text Block]
The Company estimated the fair value of the warrants granted to the Scientific Advisory Board on the date of grant using the Black-Scholes Option-Pricing Model with the following weighted-average assumptions:
 
Expected life (year)
 
 
4
 
 
 
 
 
 
Expected volatility
 
 
55.56
%
 
 
 
 
 
Expected annual rate of quarterly dividends
 
 
0.00
%
 
 
 
 
 
Risk-free rate(s)
 
 
1.67
%
Series A Preferred Stock [Member]  
Schedule Of Fair Value Of Stock Classified By Issuance Date [Table Text Block]
The fair value of the Series A Preferred stock was the following for the dates indicated:
 
Date
 
Shares
 
Value
 
7/31/2017
 
 
2,572
 
$
8,242
 
8/31/2017
 
 
2,572
 
 
8,397
 
9/30/2017
 
 
2,572
 
 
8,588
 
 
 
 
7,716
 
$
25,227