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DERIVATIVE LIABILITIES (Tables)
12 Months Ended
Jun. 30, 2019
DERIVATIVE LIABILITIES (Tables)  
Fair value liabilities measured

 

 

Year Ended

 

Year Ended

 

June 30,

 

June 30,

 

2019

 

2018

 

Expected term

 

0.17 - 4.04 years

 

0.04 - 5.00 years

 

Expected average volatility

 

270% - 683

%

 

147%-488

%

Expected dividend yield

 

-

 

-

 

Risk-free interest rate

 

1.75% - 2.94

%

 

0.96%-2.73

%

 

Fair value measurements using significant observable inputs

 

 

Fair Value Measurements Using Significant Observable Inputs (Level 3)

 

Balance - June 30, 2017

 

$

114,316

 

Addition of new derivatives recognized as debt discounts

 

285,500

 

Addition of new derivatives recognized as loss on derivatives

 

689,272

 

Settled on issuance of common stock

 

(295,541

)

Loss on change in fair value of the derivative

 

223,318

 

Balance - June 30, 2018

 

1,016,865

 

Addition of new derivatives recognized as debt discounts

 

85,000

 

Addition of new derivatives recognized as loss on derivatives

 

461,198

 

Settled due to conversion of debt

 

(987,744

)

Loss on change in fair value of the derivative

 

3,493

 

Balance - June 30, 2019

 

$

578,812