Summary of Significant Accounting Policies (Tables)

9 Months Ended

Mar. 31, 2018

Disclosure Summary Of Significant Accounting Policies Tables Abstract

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 nine months ended March 31, 2018.

	Carrying Value		Fair Value Measurements at
	As of		March 31, 2018
	March 31,		Using Fair Value Hierarchy
	2018		Level 1		Level 2		Level 3
Liabilities
Derivative liabilities	$	846,571	$	—	$	846,571	$	—
Total	$	846,571	$	—	$	846,571	$	—

	June 30, 2017			March 31, 2018
Expected life (years)		0.74			0.34
Risk-free interest rate		1.68	%		1.60%~1.88%
Expected volatility		161	%		205	%

	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	$	—