XML 18 R29.htm IDEA: XBRL DOCUMENT v3.19.3
Derivative liabilities (Tables)
12 Months Ended
Jun. 30, 2019
Disclosure Derivative Liabilities Tables Abstract  
Schedule of changes in derivative liability

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, 2019  
Annual Dividend Yield     —    
Expected Life (Years)     0.50-1.00  
Risk-Free Interest Rate     1.92-2.64 %
Expected Volatility     87-150 %

 

Fair value of the derivative is summarized as below:

 

Beginning Balance, June 30, 2018   $ 3,069,616  
Additions   $ 3,217,870  
Mark to Market   $ 4,040,238  
Reclassification to APIC Due to Conversions   $ (7,335,771 )
Ending Balance, June 30, 2019     2,991,953