Quarterly report pursuant to Section 13 or 15(d)

DERIVATIVE FINANCIAL INSTRUMENTS and FAIR VALUE MEASUREMENTS (Details 2)

v3.5.0.2
DERIVATIVE FINANCIAL INSTRUMENTS and FAIR VALUE MEASUREMENTS (Details 2)
3 Months Ended
Sep. 30, 2016
USD ($)
Balance at Beginning $ 1,050,182
Effects of foreign currency exchange rate changes 1,783
Initial fair value of embedded conversion option derivative liability recorded as debt discount 150,000
Initial fair value of embedded conversion option derivative liability recorded as change in fair value of embedded conversion option 49,585
Change in fair value included in statements of operations (418,958)
Balance at Ending $ 832,592