Annual report pursuant to Section 13 and 15(d)

CONVERTIBLE NOTES (Tables)

v3.5.0.2
CONVERTIBLE NOTES (Tables)
12 Months Ended
Jun. 30, 2016
Debt Disclosure [Abstract]  
Schedule of convertible debenture [Table Text Block]
Convertible notes at June 30, 2016 and 2015 were as follows:
 
 
 
June 30, 2016
 
June 30, 2015
 
Convertible notes and debenture
 
$
1,721,694
 
$
1,455,000
 
Unamortized discounts
 
 
(768,931)
 
 
(415,467)
 
Accrued interest
 
 
116,805
 
 
26,989
 
Premium, net
 
 
132,955
 
 
727,853
 
Convertible notes, net
 
$
1,202,523
 
$
1,794,375