3. Stockholders' Deficit

3 Months Ended

Sep. 30, 2018

Equity [Abstract]

Stockholders' Deficit

Note 3 - Stockholders' Deficit

Stock Options

The Company has not adopted a formal stock option plan. However, it has assumed outstanding stock options resulting from the acquisition of its wholly-owned subsidiary, Hydrodynamic Technology, Inc. In addition, the Company has made periodic non- plan grants. A summary of the stock option activity during the three months ended September 30, 2018 is as follows:

						Weighted-
						Average
				Weighted-		Remaining
				Average		Contractual
				Exercise		Life
	Options			Price		(Years)
Outstanding at June 30, 2018		11,378,754		$	0.31		2.23
- Granted		-			-		-
- Forfeited		(378,754	)		-		-
- Exercised		-			-		-
- Expired		-			-		-
Outstanding at September 30, 2018		11,000,000		$	0.03		2.00
Exercisable and vested at September 30, 2018		11,000,000		$	0.03		2.00

As of September 30, 2018, all outstanding options are fully vested. There was no intrinsic value of the outstanding options as of September 30, 2018 as the exercise price of these options were greater than the market price. The following table summarizes additional information concerning options outstanding and exercisable at September 30, 2018.

		Options Outstanding						Options Exercisable
				Weighted		Weighted				Weighted
				Average		Average				Average
Exercise		Number		Remaining		Exercise		Number		Remaining
Price		of Shares		Life (Years)		Price		of Shares		Life (Years)
$	0.03		11,000,000		2.00	$	0.03		11,000,000		2.00

Warrants

A summary of the Company's warrant activity and related information for the three months ended on September 30, 2018 is as follows.

				Weighted-
				Average
		Weighted-		Remaining
		Average		Contractual
		Exercise		Life
Warrants		Price		(Years)
Outstanding at June 30, 2018	75,926,510	$	0.06		3.81
Granted	-		-		-
Exercised	-
Expired	-
Outstanding at September 30, 2018	75,926,510		0.06		3.56
Vested and exercisable at September 30, 2018	75,926,510	$	0.06		3.56

As of September 30, 2018, all outstanding warrants are fully vested. There was no intrinsic value of the outstanding warrants as of September 30, 2018 as the exercise price of these warrants were greater than the market price. The following table summarizes additional information concerning warrants outstanding and exercisable at September 30, 2018.

	Warrants Outstanding						Warrants Exercisable
			Weighted		Weighted				Weighted
			Average		Average				Average
Exercise	Number		Remaining		Exercise		Number		Exercise
Price	of Shares		Life (Years)		Price		of Shares		Price
$0.03 - 0.07		55,599,851		6.50	$	0.05		55,599,851	$	0.05
$0.12		20,326,659		3.00	$	0.12		20,326,659	$	0.12
		75,926,510						75,926,510