v3.10.0.1
Common Stock Warrants (Tables)
 12 Months Ended
Jun. 30, 2018
Common Stock Warrants  
Schdule of Black-Scholes option pricing model

The expense of these warrants was calculated using the Black-Scholes option pricing model using the following assumptions:

 

Dividend yield     0  
Expected volatility     1.20 %
Risk free interest     0.50 %
Expected life      3.5 years  
Summary of Common stock warrants outstanding and exercisable

A summary of the status of the Company’s stock warrants as of June 30, 2018 and 2017 is presented below:

 

                Weighted Ave.  
    Stock     Exercise     Exercise  
    Warrants     Price     Price  
                   
Outstanding and Exercisable, June 30, 2016     12,193,334     $  0.10-0.15     $ 0.12  
                         
Granted     -       -       -  
Expired/Canceled     -       -       -  
Exercised     -       -       -  
                         
Outstanding and Exercisable, June 30, 2017     12,193,334     $  0.10–0.15     $ 0.12  
                         
Granted     -       -       -  
Expired/Canceled     -       -       -  
Exercised     -       -       -  
                         
Outstanding and Exercisable, June 30, 2018     12,193,334     $  0.10–0.15     $ 0.12  
Summary of outstanding stock warrants

A summary of outstanding stock warrants at June 30, 2018 follows:

  

Number of         Remaining           Weighted  
Common Stock         Contracted     Exercise     Ave Exer.  
Equivalents     Expir. Date   Life (Years)     Price     Price  
                         
  3,860,000     June 2020     2.000     $ 0.15     $ 0.15  
  8,333,334     February 2020     1.750     $ 0.10     $ 0.10