Summary of Significant Accounting Policies (Tables)

12 Months Ended

Jun. 30, 2017

Summary Of Significant Accounting Policies Tables

Schedule of fair value of derivative liabilities

The Company used Level 2 inputs for its valuation methodology for the derivative liabilities in determining the fair value using the Black-Scholes option-pricing model with the following assumption inputs:

	June 30, 2017
Annual dividend yield		—
Expected life (years)		0.74
Risk-free interest rate		1.68	%
Expected volatility		161	%

	Carrying Value		Fair Value Measurements at
	As of		June 30, 2017
	June 30,		Using Fair Value Hierarchy
	2017		Level 1		Level 2		Level 3
Liabilities
Derivative liabilities	$	1,134,000	$	—	$	1,134,000	$	—
Total	$	1,134,000	$	—	$	1,134,000	$	—

	June 30, 2016
Annual dividend yield		—
Expected life (years)		0.99
Risk-free interest rate		0.27	%
Expected volatility		377	%

	Carrying Value		Fair Value Measurements at
	As of		June 30, 2016
	June 30,		Using Fair Value Hierarchy
	2016		Level 1		Level 2		Level 3
Liabilities
Derivative liabilities	$	697,000	$	—	$	697,000	$	—
Total	$	697,000	$	—	$	697,000	$	—