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Stock-Based Compensation Plan (Tables)
3 Months Ended
Sep. 30, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of Fair Value of Stock Option Assumption

The following assumptions were used in the Monte Carlo analysis by Doty Scott Enterprises, Inc., an independent valuation firm, to determine the fair value of the stock options:

 

Risk-free interest rate     1.18 %
Expected life     7 years  
Expected volatility     239.3 %

Schedule of Fair Value of Stock Option Issuance Date

The fair value of the Company’s Stock Options as of issuance valuation date is as follows:

 

                        Fair Value at  
Holder   Issue Date   Maturity Date   Stock Options     Exercise Price     Issuance  
                           
Tam Bui   9/23/2016   9/23/2023     875,000       Fixed price: $0.24     $ 219,464  
                                 
Frank Hawkins   9/23/2016   9/23/2023     875,000       Fixed price: $0.24     $ 219,464  
                                 
Henry Fahman   9/23/2016   9/23/2023     4,770,000       Fixed price: $0.24     $ 1,187,984