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Derivative liabilities (Tables)
9 Months Ended 12 Months Ended
Mar. 31, 2019
Jun. 30, 2018
Disclosure Derivative Liabilities Tables Abstract    
Schedule of changes in derivative liability

The Binomial Option Price Model with the following assumption inputs:

 

    March 31, 2019 
Annual dividend yield   —   
Expected life (years)   0.5-1.00 
Risk-free interest rate   2.40-2.64%
Expected volatility   118-150%
      
    December 31, 2018 
Annual dividend yield   —   
Expected life (years)   0.5-1.00 
Risk-free interest rate   2.49-2.72%
Expected volatility   118-175%
      
    September 30, 2018 
Annual dividend yield   —   
Expected life (years)   0.5-1.00 
Risk-free interest rate   2.15-2.37%
Expected volatility   87-123%
      
    June 30, 2018 
Annual dividend yield   —   
Expected life (years)   0.15-1.00 
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, 2018  $3,069,616 
Additions   427,076 
Mark to Market   1,641,457 
Reclassification to APIC due to conversions   (2,714,433)
Balance, September 30, 2018  $2,423,716 
Additions   865,503 
Mark to Market   2,019,927 
Reclassification to APIC due to conversions   (3,574,808)
Balance, December 31, 2018  $1,734,338 
Additions   583,103 
Mark to Market   510,315 
Reclassification to APIC due to conversions   (286,193)
Balance, March 31, 2019  $2,541,563 

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