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6. Derivative Liabilities: Schedule of Assumptions Used (Tables)
6 Months Ended
Dec. 31, 2014
Tables/Schedules  
Schedule of Assumptions Used

 

 

December 31, 2014

 

June 30, 2014

Common stock issuable upon exercise of warrants

1,440,036

 

1,410,389

Exercise price

$1.38 and $1.09

 

$0.90 and $1.10

Market price of the Company’s common stock

$0.19

 

$1.75

Risk free interest rate

0.46%

 

0.47%

Dividend yield

0.00%

 

0.00%

Volatility

325.35%

 

278.08%

Expected term

0.98 -1.54 years

 

1.48-2.04 years