10. STOCK PURCHASE OPTIONS AND WARRANTS (Tables)

12 Months Ended

Jun. 30, 2017

Notes to Financial Statements

Schedule of Options

Date Issued	Number of Options		Weighted Average Exercise Price		Weighted Average Grant Date Fair Value		Expiration Date (yrs)		Value if Exercised
Balance June 30, 2016		25,000	$	0.15	$	0.24		2.00	$	3,750
Granted		500,000		0.18		0.20		5.00		90,000
Exercised		-		-		-		-		-
Cancelled/Expired		-		-		-		-		-
Outstanding as of June 30, 2017		525,000	$	0.18	$	0.20		4.81	$	93,750

Date Issued	Number of Options			Weighted Average Exercise Price		Weighted Average Grant Date Fair Value		Expiration Date (yrs)		Value if Exercised
Balance June 30, 2015		80,000		$	0.66	$	0.59		1.20	$	52,900
Granted		-			-		-		-		-
Exercised		-			-		-		-		-
Cancelled/Expired		(55,000	)		0.89		-		-		(49,150	)
Outstanding as of June 30, 2016		25,000		$	0.15	$	0.24		2.00	$	3,750

Schedule of Assumptions Used to Estimate Fair Value

	June 30, 2017	June 30, 2016
Expected volatility	92-126%	106-114%
Expected dividends	0%	0%
Expected term	0-5 Years	2-5 Years
Risk-free interest rate	0.74-1.89%	0.71-1.01%

Schedule of Warrants

	Number of Warrants			Weighted Average Exercise Price		Weighted Average Grant Date Fair Value		Expiration Date (yrs)		Value if Exercised
Outstanding as of June 30, 2016		35,034,550		$	0.36	$	0.45		4.31	$	12,767,108
Granted		10,424,998			0.46		0.18		2.07		6,701,566
Exercised		(3,020,750	)		-		-		-		-
Cancelled/Expired		(2,511,701	)		0.36		-		-		(4,323,838	)
Outstanding as of June 30, 2017		39,927,097		$	0.38	$	0.48		3.43	$	15,144,835

	Number of Warrants			Weighted Average Exercise Price		Weighted Average Grant Date Fair Value		Expiration Date (yrs)		Value if Exercised
Outstanding as of June 30, 2015		31,981,778		$	0.43	$	0.50		4.98	$	13,585,289
Granted		5,172,000			0.45		0.33		3.52		2,316,000
Exercised		(813,360	)		-		-		-		(630,364	)
Cancelled/Expired		(1,175,868	)		0.53		-		-		(2,513,817	)
Outstanding as of June 30, 2016		35,034,550		$	0.36	$	0.45		4.31	$	12,767,108