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Stock warrants (Tables)
6 Months Ended
Dec. 31, 2016
Notes to Financial Statements  
Schedule of Convertible Stock Warrants

There were no warrants outstanding at December 31, 2016.

 

   Number of 
Shares
  Weighted Average 
Exercise Price
 Outstanding at June 30, 2014   $180,000   $0.20 
 Granted    —      —   
 Exercised    —      —   
 Forfeited September 30, 2014    38,750    0.09 
 Forfeited December 31, 2014    10,000    0.04 
 Outstanding at June 30, 2015    131,250    0.20 
 Outstanding at June 30, 2016    131,250    0.20 
 Expired     131,250    0.20 
 Outstanding at December 31, 2016   $—     $—   
Schedule of Warrants Outstanding

Following is a summary of the status of warrants outstanding at June 30, 2016:

 

Date Issued  Exercise Price  Number of Shares  Expiration Date
8/17/12  $0.01    6,250   7/1/2016
8/20/12  $0.01    6,250   7/1/2016
9/10/12  $0.01    10,000   7/1/2016
9/13/12  $0.01    12,500   7/1/2016
9/18/12  $0.01    6,250   7/1/2016
10/5/12  $0.01    2,500   7/1/2016
10/25/12  $0.01    6,250   7/1/2016
1/31/13  $0.01    6,250   7/1/2016
10/22/12  $0.01    25,000   7/1/2016
8/24/12  $0.50    50,000   8/24/16
              
Total warrants as of June 30, 2016        131,250