Equity Transactions, Notes Payable and Convertible Debt (Tables)

9 Months Ended

Mar. 31, 2019

Equity [Abstract]

Summary of Calculation of Fair Value of Awards Using Black-Scholes Option-Pricing Model

The calculation of the fair value of the awards using the Black - Scholes option-pricing model is affected by the Company’s stock price on the date of grant as well as assumptions regarding the following:

	Three months ended March 31,
	2019
Expected volatility		544	%
Expected term		5 Years
Risk-free interest rate		2% - 2.4	%
Forfeiture Rate		0.00	%
Expected dividend yield		0.00	%

Schedule of Liabilities, in Arrears, with Current or Past Convertible Features

The following table summarizes Liabilities, in arrears, with current or past convertible features:

	March 31, 2019		June 30, 2018
Arrangement #1 – JMJ Financial, Inc	$	109,000	$	109,000
Arrangement #2 – St. George Investments/Fife Forbearance Obligation		-		885,365
Arrangement #3 – MH Investment trust II		3,333		3,333
Total Liabilities, in arrears, with convertible features		112,333		997,698
Liabilities, in arrears, -Judgement Settlement Agreement (Formerly Fife Forbearance Obligation)		890,910		-
Total Liabilities, in arrears, with convertible features (or formerly convertible)	$	1,003,243	$	997,698
Liabilities, in arrears, -short term portion	$	423,243	$	997,698
Long Term Portion, Liabilities, in arrears, -Judgement Settlement Agreement	$	580,000	$	-

Schedule of Settlement & New Funding Share Reserve

	SETTLEMENT RESERVE			FUNDING RESERVE
	Shares of Common Stock			Shares of Common Stock
Initial Shares to Establish Reserve		1,967,960			500,000
Shares issued concurrently to transition agreement for the conversion of 75% strategic vendors, outstanding December 31, 2018.		(61,200	)		-
Shares available upon execution of The Transition Agreement-January 11, 2019		1,906,760			500,000
Shares issued subsequent to “Change in Control” to accredited investors in private placements through March 31, 2019		(319,209	)		(791	)
Shares available per Reserve on March 31, 2019		1,587,551			499,209