Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED STATEMENTS OF CASH FLOWS

CONSOLIDATED STATEMENTS OF CASH FLOWS	9 Months Ended
CONSOLIDATED STATEMENTS OF CASH FLOWS	Mar. 31, 2016 USD ($)	Mar. 31, 2015 USD ($)
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss	$ (6,552,870)	$ (1,586,167)
Adjustments to Reconcile Net loss to Net Cash Used in Operating Activities:
Issuance and amortization of common stock for services	1,359,874	199,727
Issuance of preferred stock for services	0	1,067
(Gain) loss on settlement	58,893	(366,341)
Settlement fees paid in the form of debt	0	150,000
Foreign currency transaction loss (gain)	(47,366)	77,661
Depreciation expense	507	18
Amortization of debt discount	2,235,257	167,535
Change in fair value of derivative liabilities	494,772	(79,940)
Accretion of put premium	914,412	598,103
Changes in Assets and Liabilities:
GST receivable	(9,961)	(5,560)
Prepaid expenses and other assets	(246,311)	20,644
Accounts payable	(77,543)	5,322
Employee benefit liability	19,060	17,531
Accrued expenses	(326,341)	87,818
Accrued interest	(27,527)	15,041
NET CASH USED IN OPERATING ACTIVITIES	(2,205,144)	(697,541)
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchase of equipment	(676)	(918)
NET CASH USED IN INVESTING ACTIVITIES	(676)	(918)
CASH FLOWS FROM FINANCING ACTIVITIES:
Loan repayments to directors and officer	(21,491)	(20,000)
Loan repayments	(23,843)	0
Proceeds from convertible promissory notes	4,177,500	675,500
Repayments of convertible promissory notes	(463,976)	0
Proceeds from issuance of common stock for cash	0	29,000
NET CASH PROVIDED BY FINANCING ACTIVITIES	3,668,190	684,500
Effect of exchange rate changes on cash	(90,971)	94,508
NET INCREASE (DECREASE) IN CASH	1,371,399	80,549
CASH AT BEGINNING OF PERIOD	107,627	87,799
CASH AT END OF PERIOD	1,479,026	168,348
Cash paid during the period:
Interest	0	0
Income Tax	0	0
Supplemental Disclosure of Non-Cash Investing and Financing Activities
Common stock issued for settlement of debt	0	152,285
Prepaid common stock issued for services	72,757	134,373
Reduction of put premium related to conversions of convertible note	1,034,454	37,032
Conversion of convertible notes and accrued interest to common stock	3,817,285	206,940
Discounts related to warrants issued with convertible debenture	1,666,635	0
Discounts related to lender costs	0	48,500
Discounts related to derivative liability	2,205,925	0
Conversion of loan payable to common stock	$ 0	$ 66,389