Stock-Based Compensation Plan (Tables)

9 Months Ended

Mar. 31, 2017

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:

Holder	Issue Date	Maturity Date	Stock Options		Exercise Price		Fair Value at 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