Derivative liabilities (Tables)

3 Months Ended

Sep. 30, 2017

Derivative Liabilities Tables

Schedule of changes in derivative liability

The Black- Scholes model with the following assumption inputs:

		September 30, 2017
Annual dividend yield		—
Expected life (years)		0.01 – 1 year
Risk-free interest rate		0.83% – 1.31%
Expected volatility		91% - 215%
	June 30, 2017
Annual dividend yield		—
Expected life (years)		0.01
Risk-free interest rate		0.21	%
Expected volatility		449	%

Fair value of the derivative is summarized as below :

Beginning Balance, June 30, 2017	$	1,134,000
Additions		419,267
Mark to Market		140,653
Reclassification to APIC due to conversions		(214,868	)
Balance, September 30, 2017	$	1,479,052