v3.8.0.1
Equity Transactions (Tables)
9 Months Ended
Mar. 31, 2018
Equity Transactions [Abstract]  
Schedule of stock options valuation assumptions using a Black-Scholes pricing model

  Series A  Series B 
Annual dividend yield  -   - 
Expected life (years)  5.5   1.08 
Risk-free interest rate  2.72%  2.16%
Expected volatility  110.31%  73.88%
Summary status of warrants outstanding and exercisable

  Shares  Weighted Average
Exercise Price
 
       
Warrants outstanding, as of June 30, 2017  139,032  $9.30 
Issued  4,000,000   1.75 
Exercised  -   - 
Expired  -   - 
         
Warrants outstanding, as of March 31, 2018  4,139,032  $2.00 
         
Warrants exercisable, as of March 31, 2018  139,032  $9.30 
Summary of warants outstanding
Warrants Outstanding Warrants
Exercisable
  Weighted
Average 
Exercise Price
  Average
Remaining
Contractual Life
2008 Warrants  139,032  $9.30  0.13 years
2018 Series A 2,000,000  -  $1.75  5.50 years
2018 Series B 2,000,000  -  $1.75  1.08 years