Quarterly report pursuant to Section 13 or 15(d)

WARRANT DERIVATIVE LIABILITY (Tables)

v3.3.1.900
WARRANT DERIVATIVE LIABILITY (Tables)
 6 Months Ended
Dec. 31, 2015
Derivative Liabilities [Abstract]  
Fair Value Measurements, Nonrecurring
These warrants were determined to have an estimated fair value per share and aggregate value as of December 31, 2015 and an aggregate value as of June 30, 2015 as follows:
 
 
 
Issued Warrants
 
Estimated
Fair Value Per
Share $
as of
December 31,
2015
 
Estimated
Total Fair Value in
Aggregate $
as of
December 31,
2015
 
Estimated
Total Fair Value in
Aggregate $
as of
June 30,
2015
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
June 2012 Warrants
 
 
562,551
 
$
0.008
 
$
4,000
 
$
4,000
 
July 2012 Warrants
 
 
338,013
 
 
0.008
 
 
3,000
 
 
3,000
 
August 2012 Warrants
 
 
120,719
 
 
0.009
 
 
1,000
 
 
1,000
 
October 2012 Warrants
 
 
48,287
 
 
0.009
 
 
1,000
 
 
1,000
 
Advisory Agreement Warrants
 
 
1,837,777
 
 
0.011
 
 
14,000
 
 
14,000
 
Total
 
 
2,907,347
 
 
 
 
$
23,000
 
$
23,000