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Stock-Based Compensation Plan (Tables)
6 Months Ended
Dec. 31, 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