Annual report pursuant to Section 13 and 15(d)

Consolidated Statement of Changes in Stockholders' Deficit

v3.7.0.1
Consolidated Statement of Changes in Stockholders' Deficit - USD ($)
Series A Preferred Stock [Member]
Series B Preferred Stock [Member]
Common Stock [Member]
Additional Paid-In Capital [Member]
Accumulated Deficit [Member]
Treasury Stock [Member]
Accumulated Other Comprehensive Income (Loss) [Member]
Total
Balance at Jun. 30, 2015 $ 5,000 $ 1,390 $ 17,804,797 $ (20,965,671) $ 100,968 $ (3,053,516)
Balance, shares at Jun. 30, 2015 500,000 1 1,389,768          
Issuance of common stock for conversion of convertible debt and accrued interest $ 1,395 4,897,849 4,899,244
Issuance of common stock for conversion of convertible debt and accrued interest, shares 1,394,657          
Reclassification of premium upon debt conversion       1,253,318       1,253,318
Issuance of stock for services $ 130 1,233,629 1,233,759
Issuance of stock for services, shares 130,040          
Stock option expense 1,722,288 1,722,288
Issuance of warrants for services 47,560 47,560
Relative fair value of warrants issued with debt 712,110 712,110
Foreign currency translation gain 30,296 30,296
Settlement of accounts payable for shares of common stock              
Cancellation of shares for convertible notes payable              
Net loss (9,410,352) (9,410,352)
Balance at Jun. 30, 2016 $ 5,000 $ 2,914 27,671,552 (30,376,023) 131,264 (2,565,293)
Balance, shares at Jun. 30, 2016 500,000 1 2,914,465          
Issuance of common stock for conversion of convertible debt and accrued interest $ 1,235 1,405,501 1,406,736
Issuance of common stock for conversion of convertible debt and accrued interest, shares 1,234,910          
Reclassification of premium upon debt conversion 266,287 266,287
Issuance of stock for services $ 307 459,637 459,944
Issuance of stock for services, shares 307,480          
Stock option expense 1,686,444 1,686,444
Settlement of accounts payable for shares of common stock $ 17 49,983 50,000
Settlement of accounts payable for shares of common stock, shares 16,667          
Loss on settlement of debt 158,150 158,150
Cancellation of shares for convertible notes payable $ (50) (112,450) (112,500)
Cancellation of shares for convertible notes payable, shares (50,000)          
Warrant modification expense 21,007 21,007
Relative fair value of warrants issued with convertible debt 910,178 910,178
Exercise of warrants $ 155 464,131 464,286
Exercise of warrants, shares 154,762          
Purchase of treasury stock (46,477) (46,477)
Foreign currency translation loss (273,013) (273,013)
Net loss (7,867,500) (7,867,500)
Balance at Jun. 30, 2017 $ 5,000 $ 4,578 $ 32,980,420 $ (38,243,523) $ (46,477) $ (141,749) $ (5,441,751)
Balance, shares at Jun. 30, 2017 500,000 1 4,578,284