Annual report pursuant to Section 13 and 15(d)

Stockholders' Deficit (Tables)

v3.20.2
Stockholders' Deficit (Tables)
12 Months Ended
Jun. 30, 2020
Equity [Abstract]  
Schedule of Stock Option Activity

A summary of the Company’s option activity during the years ended June 30, 2020 and 2019 is presented below:

 

          Weighted  
    Number of     Average Exercise  
    Shares     Price Per Share  
Outstanding at June 30, 2018     1,144     $ 3,750  
Issued     58,500       4.53  
Exercised     -       -  
Expired     -       -  
Outstanding at June 30, 2019     59,644     $ 76.37  
Issued     -       -  
Exercised     -       -  
Forfeited     -       -  
Expired     -       -  
Outstanding at June 30, 2020     59,644     $ 76.37  
                 
Exercisable at June 30, 2020     20,644     $ 212.09  
Outstanding and Exercisable:                
                 
Weighted average remaining contractual term     8.72          
Weighted average fair value of options granted during the period   $ -          
Aggregate intrinsic value   $ -          
Schedule of Option Exercise Price Range
    Options Outstanding     Options Exercisable  

Range of

Exercise Price

 

Number

Outstanding at

June 30, 2020

   

Weighted

Average

Remaining

Contractual

Life

   

Weighted

Average

Exercise

Price

   

Aggregate

Intrinsic

Value

   

Number

Exercisable

at

June 30, 2020

   

Weighted

Average

Exercise

Price

   

Aggregate

Intrinsic

Value

 
  $ 4.25-4.68       58,500       8.88 Years     $ 4.53     $          -       19,500     $ 4.50     $            -  
  $ 3,750.00       1,144       0.79 Years       3,750.00       -       1,144       3,750.00       -  
            59,644       8.72 Years     $ 76.37     $ -       20,644     $ 212.09     $ -  
Schedule of Warrant Activity

The following table summarizes warrant activity for the years ended June 30, 2020 and 2019:

 

          Weighted  
    Number of     Average  
    Shares     Price Per Share  
Outstanding at June 30, 2018     291     $ 5,555  
Issued     -       -  
Exercised     (24 )     -  
Forfeited     -       -  
Expired     (208 )     -  
Outstanding at June 30, 2019     59     $ 4,765  
Issued     151,170,482       0.15  
Exercised     -       -  
Forfeited     -       -  
Expired     (27 )     -  
Outstanding at June 30, 2020     151,170,514     $ 0.15  
                 
Exercisable at June 30, 2020     151,170,482     $ 0.15  
Outstanding and Exercisable:                
                 
Weighted average remaining contractual term     2.76          
Aggregate intrinsic value   $ 30,292