Stock Based Compensation and Payments (Tables)

12 Months Ended

Jun. 30, 2020

Stock Based Compensation and Payments (Tables)

Stock option activity

	June 30, 2020
Number of options outstanding:
Beginning of year		4,598,823
Granted		13,593,375
Exercised, converted		-
Forfeited / exchanged / modification		(5,633,823	)
End of period		12,558,375
Number of options vested at end of period		1,428,197
Number of options available for grant at end of period		5,257,288
Weighted average option prices per share:
Granted during the period	$	0.07
Exercised during the period	$	0.00
Terminated during the period	$	0.45
Outstanding at end of period	$	0.07
Exercisable at end of period	$	0.07

Schedule of fair value of stock options granted

	2020
Expected option life (years)	2 - 4
Expected stock price volatility	227 to 230		%
Expected dividend yield		—
Risk-free interest rate	0.44 to 0.54		%

Summary of warrant outstanding

Warrants	Remaining Number Outstanding		Weighted Average Remaining Life (Years)		Weighted Average Exercise Price
Warrants- SEDA Financing		86,957		2.80	$	1.15
Warrants-Issued with Convertible Notes		600,000		3.23	$	0.75
Warrants – Securities Purchase Agreement		360,577		4.02	$	0.78
Warrants A – Securities Purchase Agreement		7,018,090		.02	$	0.16
Warrants B – Securities Purchase Agreement		28,072,364		4.02	$	0.16
Total		36,137,988