Common shares reserved for future issuances

9 Months Ended

Mar. 31, 2017

Notes to Financial Statements

Common shares reserved for future issuances

12. Common shares reserved for future issuances

The following table summarizes shares of our common stock reserved for future issuance at March 31, 2017:

Common shares to be issued under conversion feature	32,178,898
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	32,178,898

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