8. STOCK PURCHASE OPTIONS AND WARRANTS (Tables)

9 Months Ended

Mar. 31, 2018

Notes to Financial Statements

Schedule of options activity

Date Issued	Number of Options		Weighted Average Exercise Price		Weighted Average Grant Date Fair Value		Expiration Date (yrs)		Value if Exercised
Balance June 30, 2017		525,000	$	0.18	$	0.16		4.81	$	93,750
Granted		-		-		-		-		-
Exercised		-		-		-		-		-
Cancelled/Expired		-		-		-		-		-
Outstanding as of March 31, 2018		525,000	$	0.05	$	0.16		4.06	$	28,750

Schedule of Assumptions Used to Estimate Fair Value

	March 31, 2018	June 30, 2017
Expected volatility	105-304%	92-126%
Expected dividends	0%	0%
Expected term	0-5 Years	0-5 Years
Risk-free interest rate	0.96-2.48%	0.74-1.89%

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, 2017		39,927,097		$	0.38	$	0.45		3.38	$	15,144,835
Granted		2,175,000			0.11		0.08		3.11		244,250
Exercised		-			-		-		-		-
Cancelled/Expired		(2,591,250	)		0.49		-		-		(1,262,438	)
Outstanding as of March 31, 2018		39,510,847		$	0.36	$	0.42		2.86	$	14,126,647