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Summary of Significant Accounting Policies (Tables)
6 Months Ended
Dec. 31, 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 for the six months ended December 31, 2017.

 

   Carrying Value  Fair Value Measurements at
   As of  December 31, 2017
   December 31,  Using Fair Value Hierarchy
   2017  Level 1  Level 2  Level 3
Liabilities            
Derivative liabilities  $5,039,998   $—     $5,039,998   $—   
Total  $5,039,998   $—     $5,039,998   $—   

 

   June 30, 2017
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   $—