Annual report pursuant to Section 13 and 15(d)

Note 11 - Convertible Debentures (Tables)

v3.10.0.1
Note 11 - Convertible Debentures (Tables)
 12 Months Ended
Jun. 30, 2017
Notes Tables  
Fair Value Measurement Inputs and Valuation Techniques [Table Text Block]
   
June 30, 2017
    
June 30, 2016
  
Share price
    
0.04
–
0.10
      
0.16
–
0.50
  
Conversion price
    
0.02
–
0.06
      
0.11
–
0.37
  
Expected life (years)
    
0.50
–
0.81
      
0.78
–
2.00
  
Interest rate
    
0.80
–
1.11%
      
0.42
–
0.63%
  
Volatility
    
106.63
–
158.06%
      
76.39
–
101.5%
  
Dividend yield
    
 
N/A
 
      
 
N/A
 
  
Estimated forfeitures
    
 
N/A
 
      
 
N/A
 
  
   
June 30
, 2017
    
June
3
0
,
2016
  
Share price
    
 
0.03
 
      
 
0.16
 
  
Conversion price
    
 
0.02
 
      
 
0.11
 
  
Expected life (years)
    
0.39
–
0.64
      
0.850
–
1.25
  
Interest rate
    
 
1.14%
 
      
0.45
–
0.50%
  
Volatility
    
152.55
–
181.43%
      
91.50
–
122.29%
  
Dividend yield
    
 
N/A
 
      
 
N/A
 
  
Estimated forfeitures
    
 
N/A
 
      
 
N/A
 
  
   
June 30
, 2017
    
June
3
0, 2016
  
Share price
    
N/A
      
0.16
  
Conversion price
    
N/A
      
$0.09
  
Expected life (years)
    
N/A
      
1.85
  
Interest rate
    
N/A
      
0.58%
  
Volatility
    
N/A
      
92%
  
Dividend yield
    
N/A
      
N/A
  
Estimated forfeitures
    
N/A
      
N/A
  
Schedule of Change in Derivative Liability and Warrant [Table Text Block]
   
Derivative
liability
    
Warrant
derivative
  
Balance – June 30, 2015
   $
87,821.00
     $
-
  
Addition of new derivatives recognized as debt discounts
    
1,104,078.00
      
125,000.00
  
Derivatives settled upon conversion of debt and exercise of warrants
    
(1,715,399.00
 )    
-
  
Gain on extinguishment of convertible debt
    
(149,194.00
 )    
-
  
Loss (gain) on change in Fair value of the derivative
    
815,491.00
      
(37,500.00
 )
Balance, June 30, 2016
   $
142,797.00
     $
87,500
  
Addition of new derivatives recognized as debt discounts
    
1,289,714.00
      
-
  
Derivatives settled upon conversion of debt and exercise of warrants
    
(2,035,145.00
 )    
(188,616.00
 )
Gain on extinguishment of convertible debt
    
(2,013,523.00
 )    
-
  
Loss on change in Fair value of the derivative
    
3,604,620.00
      
101,116.00
  
Balance, June 30, 2017
   $
988,463.00
     $
-