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Equity Transactions (Tables)
 3 Months Ended
Sep. 30, 2019
Disclosure Stock Options Tables Abstract  
Schedule of Stock Option Issued

The following table summarizes the activity relating to the Company’s stock options for the three months ended September 30, 2019:

 

   Options  Weighted-Average Exercise Price  Weighted Remaining Average Contractual Term  Aggregate Intrinsic Value
Outstanding at June 30, 2019   7,250,000   $0.10    5.2   $87,480 
Granted   —      —      —      —   
Options Exercised or Forfeited   —      —      —      —   
Outstanding at September 30, 2019   7,250,000   $0.10    4.8   $87,480 
Exercisable at  September 30, 2019   7,250,000   $0.10    4.8   $87,480 

 

The pricing model reflected the following weighted-average assumptions for the three months ended September 30, 2018:

 

   September 30 2019  September 30 2018
Expected life of options (In years)   —      9.5 
Expected volatility   —      63.09%
Risk free interest rate   —      0.00%
Dividend Yield   —      0%
Schedule of option outstanding and exercisable by exercise price

The following is a summary of stock options outstanding and exercisable by exercise price as of September 30, 2019:

 

Exercise Price  Outstanding  Weighted Average Contract Life  Exercisable
$0.03    700,000    4.3    700,000 
$0.05    1,300,000    4.4    1,300,000 
$0.06    3,100,000    6.4    3,100,000 
$0.07    100,000    4.0    100,000 
$0.10    500,000    3.3    500,000 
$0.20    200,000    3.0    200,000 
$0.21    550,000    2.6    550,000 
$0.22    100,000    2.5    100,000 
$0.23    200,000    2.9    200,000 
$0.25    500,000    2.1    500,000 
 Total    7,250,000         7,250,000 
Schedule of Warrants Issued

The following table summarizes the warrants activity during the three months ended September 30, 2019:

 

   Number of Shares  Weighted Average Exercise Price  Weighted Average Remaining Life (Years)  Aggregate Intrinsic Value
Outstanding and exercisable at June 30, 2019   15,583,216   $0.36    5.6   $716,653 
Granted   156,250,000   $0.03    5.0   $5,906,250 
Expired   —     $—      —     $—   
Outstanding and exercisable at September 30, 2019   171,833,216   $0.04    4.9   $6,622,903