11. FAIR VALUE MEASUREMENTS (Tables)

9 Months Ended

Mar. 31, 2017

Fair Value Measurements Tables

Schedule or fair value measurements

Liabilities measured at fair value on a recurring basis at March 31, 2017, are summarized as follows:

	Level 1	Level 2	Level 3	Total
Fair value of derivatives	$-	$1,539,737	$-	$1,539,737
Securities available-for-sale	$63,000	$-	$-	$63,000

Liabilities measured at fair value on a recurring basis at June 30, 2016, are summarized as follows:

	Level 1	Level 2	Level 3	Total
Fair value of derivatives	$-	$-	$-	$-
Securities available-for-sale	$63,600	$-	$-	$63,600