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

The Binomial Option Price Model with the following assumption inputs:

 

    December 31, 2019
Annual dividend yield     —    
Expected life (years)     0.5-1.00  
Risk-free interest rate     1.51-2.09 %
Expected volatility     121-153 %

 

    December 31, 2018
Annual dividend yield     —    
Expected life (years)     0.5-1.00  
Risk-free interest rate     2.49-2.72 %
Expected volatility     87-123 %

  

Fair value of the derivative is summarized as below:

 

Beginning Balance, June 30, 2019 $2,991,953
Additions 3,538,927
Mark to Market 2,314,089
Reclassification to APIC due to conversions (957,488)
Balance, December 31, 2019 $3,259,345

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