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H. Equity
9 Months Ended
Mar. 31, 2017
Equity [Abstract]  
Equity

The Company did not issue any shares of Common Stock during the nine months ended March 31, 2017.

 

During the nine months ended March 31, 2017, the Company recognized the value of exercisable detachable warrants issued with debt in the amount of $5,300.

 

The Company has authorized 25,000,000 shares of Preferred Stock of which 5,000,000 shares have been allocated to Series A, 500,000 have been allocated to Series B, 400,000 have been allocated to Series C Junior Participating, 500,000 have been allocated to Series D, and 750,000 have been allocated to Series E. At March 31, 2017 and June 30, 2016, no Preferred Stock of any series was issued or outstanding.