Common shares reserved for future issuances (Tables)

6 Months Ended

Dec. 31, 2016

Notes to Financial Statements

Schedule of Common Shares Reserved for Furture Issuance

The following table summarizes shares of our common stock reserved for future issuance at December 31, 2016:

Common shares to be issued under conversion feature	17,700,225
Common shares to be issued under $0.01 warrants	—
Common shares to be issued under $0.50 warrants	—
Total common shares reserved for future issuance	17,700,225

The following table summarizes shares of our common stock reserved for future issuance at June 30, 2016:

Common shares to be issued under conversion feature	11,702,118
Common shares to be issued under $0.01 warrants	81,250
Common shares to be issued under $0.50 warrants	50,000
Total common shares reserved for future issuance	11,833,368