Summary of Significant Accounting Policies (Tables)

9 Months Ended

Mar. 31, 2019

Disclosure Summary Of Significant Accounting Policies Tables Abstract

Schedule of Useful life of assets

Depreciation on property and equipment is provided using the straight-line method over the estimated useful lives of the assets for both financial and income tax reporting purposes as follows:

Machinery equipment	5 years
Furniture and equipment	7 years
Vehicles	7 years

Schedule of fair value of derivative liabilities

The Company used Level 3 inputs for its valuation methodology for the derivative liabilities in determining the fair value using the Binomial option-pricing model for the nine months ended March 31, 2019.

	Carrying Value		Fair Value Measurements at
	As of		March 31, 2019
	March 31,		Using Fair Value Hierarchy
	2019		Level 1		Level 2		Level 3
Liabilities
Derivative liabilities	$	2,541,563	$	—	$	—	$	2,541,563
Total	$	2,541,563	$	—	$	—	$	2,541,563

	June 30, 2018			March 31, 2019
Expected life (years)		0.5			0.5
Risk-free interest rate		2.06	%		2.44	%
Expected volatility		151	%		138	%

	Carrying Value		Fair Value Measurements at
	As of		June 30, 2018
	June 30,		Using Fair Value Hierarchy
	2018		Level 1		Level 2		Level 3
Liabilities
Derivative liabilities	$	3,069,616	$	—	$	—	$	3,069,616
Total	$	3,069,616	$	—	$	—	$	3,069,616