Quarterly report pursuant to Section 13 or 15(d)

Note 7 - Warrant Derivative Liability (Tables)

v3.6.0.2
Note 7 - Warrant Derivative Liability (Tables)
 6 Months Ended
Dec. 31, 2016
Notes Tables  
Fair Value of Warrant Derivative Evaluation Techniques [Table Text Block]
     
As of
December 31, 2016 
    
As of
June 30, 2016
Risk-free interest rate
    
 
0.47%
 
    
0.44%
–
0.49%
Expected life (average) (years)
    
0.49
–
0.83 
    
0.96
–
1.33
Stock price (based on prices on valuation date)
    
 
$0.04
 
    
 
$0.05
 
Exercise price
    
 
$0.14
 
    
 
$0.15
 
Expected volatility
    
 
110%
 
    
 
110%