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STOCK OPTIONS AND WARRANTS (Tables)
9 Months Ended
Mar. 31, 2021
Disclosure Text Block Supplement [Abstract]  
Share-based Payment Arrangement, Option, Activity [Table Text Block]

A summary of the status of our outstanding stock options as of March 31, 2021 and June 30, 2020 and changes during the periods then ended is presented below:

 

   

March 31, 2021

   

June 30, 2020

 
           

Weight Average

   

Intrinsic

           

Weight Average

   

Intrinsic

 
   

Shares

   

Exercise Price

   

Value

   

Shares

   

Exercise Price

   

Value

 

Outstanding beginning of period

    2,870,000     $ 0.12               3,970,000     $ 0.12          

Granted

    -     $ 0.00               -     $ 0.00          

Expired/Cancelled

    (1,840,000

)

  $ (0.12

)

            (1,100,000

)

  $ (0.14

)

       

Exercised

    -     $ 0.00               -     $ 0.00          

Outstanding end of period

    1,030,000     $ 0.12     $ -       2,870,000     $ 0.12     $ -  

Exercisable

    1,030,000     $ 0.12     $ -       2,870,000     $ 0.12     $ -  

 

Share-based Payment Arrangement, Option, Exercise Price Range [Table Text Block]

The following table summarizes the range of outstanding and exercisable options as of March 31, 2021:

 

       

Outstanding

   

Exercisable

 

Range of

Exercise Prices

   

Number Outstanding

at

March 31, 2021

   

Weighted

Average

Remaining

Contractual Life

   

Weighted

Average

Exercise Price

   

Number

Exercisable at

March 31, 2021

   

Weighted

Average Remaining

Contractual Life

 
$ 0.08       150,000       0.67     $ 0.08       150,000       0.67  
$ 0.10       480,000       0.75     $ 0.10       480,000       0.75  
$ 0.17       400,000       0.67     $ 0.17       400,000       0.67  
          1,030,000                       1,030,000