Stock Based Compensation and Payments (Tables)

3 Months Ended

Sep. 30, 2020

Stock Based Compensation and Payments (Tables)

Stock option activity

	September 30, 2020
Number of options outstanding:
Beginning of year		12,558,375
Granted		300,000
Exercised, converted		-
Forfeited / exchanged / modification		(2,036,000	)
End of period		10,822,375
Number of options exercisable at end of period		3,609,788
Number of options available for grant at end of period		4,957,288
Weighted average option prices per share:
Granted during the period	$	0.08
Exercised during the period	$	0.00
Terminated during the period	$	0.08
Outstanding at end of period	$	0.08
Exercisable at end of period	$	0.08

Schedule of fair value of stock options granted

	2020
Expected option life (years)	2 - 4
Expected stock price volatility	227to234		%
Expected dividend yield		—
Risk-free interest rate	0.44to0.54		%

Summary of warrant outstanding

Warrants	Remaining Number Outstanding		Weighted Average Remaining Life (Years)		Weighted Average Exercise Price
Warrants-Financing		86,957		2.80	$	1.15
Warrants-Issued with Convertible Notes		600,000		3.23	$	0.75
Warrants - Financing		360,577		4.02	$	0.78
Warrants A – Financing (expired July 2020)		-		-	$	-
Warrants B – Financing		28,072,364		4.02	$	0.16
Total		29,119,898