Derivative liabilities (Tables)

9 Months Ended

Mar. 31, 2020

Disclosure Derivative Liabilities Tables Abstract

Schedule of changes in derivative liability

The Binomial Option Price Model with the following assumption inputs:

	March 31, 2020
Annual dividend yield		—
Expected life (years)		0.5-1.00
Risk-free interest rate		0.15-2.09	%
Expected volatility		118-153	%

	June 30, 2019
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		3,999,033
Mark to Market		(2,075,982	)
Reclassification to APIC due to conversions		(1,260,333	)
Balance, March 31, 2020	$	3,706,809