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Subsequent Events
9 Months Ended
Mar. 31, 2019
Subsequent Events [Abstract]  
SUBSEQUENT EVENTS

(15) SUBSEQUENT EVENTS

 

On May 1, 2019, the Board granted options to purchase 360,000 shares all with an exercise price of $0.20 per share to one consultant. These options were valued using the Black-Scholes model using the same exercise price, fair value, term, volatility, interest rate, forfeiture rate, and expected dividend rate as of March 31, 2019 as described in note (13) as an estimate. Under this assumption, the value of the vested options as of May 1, 2019 is $4,713.