Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENT OF CHANGES IN STOCKHOLDERS' DEFICIT

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CONSOLIDATED STATEMENT OF CHANGES IN STOCKHOLDERS' DEFICIT - USD ($)
Total
Series A Preferred Stock [Member]
Series B Preferred Stock [Member]
Common Stock [Member]
Additional Paid-in Capital [Member]
Accumulated Deficit [Member]
Accumulated Other Comprehensive Income (Loss) [Member]
Balance at Jun. 30, 2014 $ (1,408,314) $ 0 $ 0 $ 72,685 $ 16,374,781 $ (17,552,917) $ (302,863)
Balance (in shares) at Jun. 30, 2014   0 0 72,684,767      
Issuance of common stock for cash 29,000 $ 0 $ 0 $ 13,400 15,600 0 0
Issuance of common stock for cash (in shares)   0 0 13,400,000      
Issuance of common stock for conversion of convertible debt and accrued interest 441,160 $ 0 $ 0 $ 181,185 259,975 0 0
Issuance of common stock for conversion of convertible debt and accrued interest (in shares)   0 0 181,185,110      
Issuance of stock for services 741,276 $ 5,000 $ 0 $ 19,258 717,018 0 0
Issuance of stock for services (in shares)   500,000 1 19,258,316      
Issuance of common stock as part of settlement agreement 152,285 $ 0 $ 0 $ 60,914 91,371 0 0
Issuance of common stock as part of settlement agreement (in shares)   0 0 60,913,820      
Foreign currency translation gain 403,831 $ 0 $ 0 $ 0 0 0 403,831
Net loss (3,412,754) 0 0 0 0 (3,412,754) 0
Balance at Jun. 30, 2015 (3,053,516) $ 5,000 $ 0 $ 347,442 17,458,745 (20,965,671) 100,968
Balance (in shares) at Jun. 30, 2015   500,000 1 347,442,013      
Issuance of common stock for conversion of convertible debt and accrued interest 4,899,244 $ 0 $ 0 $ 348,665 4,550,579 0 0
Issuance of common stock for conversion of convertible debt and accrued interest (in shares)   0 0 348,664,299      
Reclassification of premium upon debt conversion 1,253,318 $ 0 $ 0 $ 0 1,253,318 0 0
Issuance of stock for services 1,233,759 $ 0 $ 0 $ 32,510 1,201,249 0 0
Issuance of stock for services (in shares)   0 0 32,510,000      
Stock option expense 1,722,288 $ 0 $ 0 $ 0 1,722,288    
Issuance of warrants for services 47,560 0 0 0 47,560 0 0
Realtive fair value of warrants issued with debt 712,110 0 0 0 712,110 0 0
Foreign currency translation gain 30,296 0 0 0 0 0 30,296
Net loss (9,410,352) 0 0 0 0 (9,410,352) 0
Balance at Jun. 30, 2016 $ (2,565,293) $ 5,000 $ 0 $ 728,617 $ 26,945,849 $ (30,376,023) $ 131,264
Balance (in shares) at Jun. 30, 2016   500,000 1 728,616,312