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Derivative liabilities (Tables)
 12 Months Ended
Jun. 30, 2018
Disclosure Derivative Liabilities Tables Abstract  
Schedule of changes in derivative liability

During the year ended June 30, 2018, the Company changed the method to value the fair market value from Black-Scholes to Binomial Option model. The Binomial model with the following assumption inputs:

 

    June 30, 2018
Annual Dividend Yield     —    
Expected Life (Years)     0.15-1.00  
Risk-Free Interest Rate     1.13%-2.06 %
Expected Volatility     94%-212 %
         
      June 30, 2017  
Annual Dividend Yield     —    
Expected Life (Years)     0.47-1.00  
Risk-Free Interest Rate     1.08-2.12 %
Expected Volatility     103-202 %

 

Fair value of the derivative is summarized as below:

 

Beginning Balance, June 30, 2017  $1,134,000 
Additions  $1,913,992 
Mark to Market   525,394 
Reclassification to APIC Due to Conversions  $(503,770)
Ending Balance, June 30, 2018   3,069,616