Document And Entity Information
Document And Entity Information - shares | 3 Months Ended | |
Sep. 30, 2017 | Oct. 30, 2018 | |
Document Information [Line Items] | ||
Entity Registrant Name | INTEGRAL TECHNOLOGIES INC | |
Entity Central Index Key | 1,018,281 | |
Trading Symbol | itkg | |
Current Fiscal Year End Date | --06-30 | |
Entity Filer Category | Non-accelerated Filer | |
Entity Current Reporting Status | Yes | |
Entity Emerging Growth Company | false | |
Entity Small Business | true | |
Entity Common Stock, Shares Outstanding (in shares) | 243,240,095 | |
Document Type | 10-Q | |
Document Period End Date | Sep. 30, 2017 | |
Document Fiscal Year Focus | 2,018 | |
Document Fiscal Period Focus | Q1 | |
Amendment Flag | false |
Consolidated Balance Sheets (Cu
Consolidated Balance Sheets (Current Period Unaudited) - USD ($) | Sep. 30, 2017 | Jun. 30, 2017 |
Current assets: | ||
Cash | $ 2,156 | $ 16,764 |
Accounts receivable | 425 | 425 |
Prepaid expenses | 11,979 | 11,979 |
Total current assets | 14,560 | 29,168 |
Deferred financial costs | 183,613 | 201,432 |
Property and Equipment, net | 68,442 | 70,324 |
Total assets | 266,615 | 300,924 |
Current Liabilities: | ||
Accounts payable and accrued expenses | 2,157,459 | 1,928,983 |
Related party payable | 136,075 | 483,087 |
Loans payable | 276,452 | 16,800 |
Deferred revenue | 50,000 | 50,000 |
Convertible debentures | 413,806 | 162,821 |
Derivative liabilities | 1,099,514 | 988,463 |
Total current liabilities | 4,133,306 | 3,630,154 |
Deferred revenue, net of current portion | 258,333 | 270,833 |
Total liabilities | 4,391,639 | 3,900,987 |
Stockholders’ deficit: | ||
Preferred stock and paid-in capital in excess of $0.001 par value, 20,000,000 shares authorized, 0 (June 30, 2017 - 0) issued and outstanding | ||
Common stock and paid in capital in excess of $0.001 par value, 250,000,000 shares authorized, 202,210,516 (June 30, 2017 - 133,506,044) issued and outstanding | 60,164,045 | 59,672,609 |
Share subscriptions and obligations to issue shares | 41,250 | 41,250 |
Accumulated other comprehensive income | 46,267 | 46,267 |
Accumulated deficit | (64,376,586) | (63,360,189) |
Total stockholders’ deficit | (4,125,024) | (3,600,063) |
TOTAL LIABILITIES AND SHAREHOLDERS' DEFICIT | $ 266,615 | $ 300,924 |
Consolidated Balance Sheets (_2
Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - $ / shares | Sep. 30, 2017 | Jun. 30, 2017 |
Preferred stock, par value (in dollars per share) | $ 0.001 | $ 0.001 |
Preferred stock, shares authorized (in shares) | 20,000,000 | 20,000,000 |
Preferred stock, shares issued (in shares) | 0 | 0 |
Preferred stock, shares outstanding (in shares) | 0 | 0 |
Common stock, par value (in dollars per share) | $ 0.001 | $ 0.001 |
Common stock, shares authorized (in shares) | 250,000,000 | 250,000,000 |
Common stock, shares issued (in shares) | 202,210,516 | 133,506,044 |
Common stock, shares outstanding (in shares) | 202,210,516 | 133,506,044 |
Consolidated Statements of Oper
Consolidated Statements of Operations (Unaudited) - USD ($) | 3 Months Ended | |
Sep. 30, 2017 | Sep. 30, 2016 | |
Revenue | $ 33,318 | $ 23,245 |
Operating expenses: | ||
Selling, general, and administrative expenses | 423,218 | 656,429 |
Research and development | 119,400 | 129,839 |
Total operating expenses | (542,618) | (786,268) |
Fair value (loss) gain on derivative liabilities | (545,362) | 29,238 |
Fair value gain on warrant liability | 32,800 | |
Gain on extinguishment of debt | 149,396 | |
Gain on extinguishment of liabilities | 408,009 | |
Other income | 5 | 12 |
Interest expense | (519,145) | (29,802) |
Net Loss | $ (1,016,397) | $ (730,775) |
Net loss per share – basic and diluted (in dollars per share) | $ 0 | $ (0.01) |
Weighted average number of common shares outstanding (in shares) | 209,834,346 | 135,385,386 |
Consolidated Statements of Cash
Consolidated Statements of Cash Flows (Unaudited) - USD ($) | 3 Months Ended | |
Sep. 30, 2017 | Sep. 30, 2016 | |
Cash flows from operating activities: | ||
Net loss | $ (1,016,397) | $ (730,775) |
Items not involving cash | ||
Accrued interest | 4,052 | |
Amortization of debt issuance costs | 4,293 | |
Amortization of deferred finance costs | 17,819 | |
Deferred revenues | (12,500) | (12,500) |
Depreciation | 1,882 | 1,043 |
Fair value loss (gain) on derivative financial liabilities | 545,362 | (29,238) |
Fair value loss gain on warrant liability | (32,800) | |
Interest on convertible debentures | 496,685 | 24,605 |
Gain on extinguishment of debt | (149,396) | |
Gain on extinguishment of liabilities | (408,009) | |
Stock-based compensation | 44,896 | |
Changes in working capital | 289,473 | 387,566 |
(201,029) | (334,330) | |
Cash flows from investing activities: | ||
Purchase of property, equipment and intangible assets | (3,500) | |
(3,500) | ||
Cash flows from financing activities: | ||
Proceeds from loans | 272,400 | 80,000 |
Repayment of loans | (101,892) | |
Proceeds from issuance of common stock | 320,355 | |
Repayment of convertible debentures | (85,979) | |
186,421 | 298,463 | |
Decrease in cash | (14,608) | (39,367) |
Cash, beginning of year | 16,764 | 47,350 |
Cash, end of year | 2,156 | 7,983 |
Supplemental cash flow information: | ||
Interest paid | 589 | 904 |
Consulting Services [Member] | ||
Items not involving cash | ||
Issue shares for services | 8,580 | |
Services Other Than Consulting [Member] | ||
Items not involving cash | ||
Issue shares for services | $ 30,000 |
Note 1 - Nature of Operations
Note 1 - Nature of Operations | 3 Months Ended |
Sep. 30, 2017 | |
Notes to Financial Statements | |
Nature of Operations [Text Block] | NOTE 1 NATURE OF OPERATIONS Integral Technologies, Inc. (the “Company” or “Integral”) was incorporated under the laws of the state of Nevada on February 12, 1996 The Company will be devoting all of its resources to the research, development and commercialization of its ElectriPlast technology. |
Note 2 - Significant Accounting
Note 2 - Significant Accounting Policies | 3 Months Ended |
Sep. 30, 2017 | |
Notes to Financial Statements | |
Significant Accounting Policies [Text Block] | NOTE 2 SIGNIFICANT ACCOUNTING POLICIES These consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States (“US GAAP”) and are presented in United States dollars. We have prepared the consolidated financial statements included herein, without audit, pursuant to the rules and regulations of the United States Securities and Exchange Commission (“SEC”). The consolidated financial statements include the Company’s wholly owned subsidiaries. Certain information and footnote disclosures normally included in the annual financial statements prepared in accordance with U.S. generally accepted accounting principles (“GAAP”) have been condensed from the accompanying consolidated financial statements. The accompanying comparative year end consolidated balance sheet was derived from the audited financial statements included in the annual financial statements. The accompanying interim financial statements are unaudited, and reflect all adjustments which are in the opinion of management, necessary for a fair statement of the Company’s consolidated financial position, results of operations, and cash flows for the periods presented. Unless otherwise noted, all such adjustments are of a normal, recurring nature. All intercompany transactions and balances have been eliminated in consolidation. The Company’s results of operations and cash flows for the interim periods are not may not June 30, 2017 10 September 18, 2018. Principles of consolidation These consolidated financial statements include the accounts of the Company and its wholly-owned subsidiaries, Integral Operating, LLC (“Operating”), Integral Vision Systems, Inc. ("IVSI"), Antek Wireless Inc. ("Antek"), Electriplast Corp. (formerly Plastenna, Inc.) (“Electriplast”), and Integral Technologies Asia, Inc. (“Asia”), which are currently inactive. All intercompany balances and transactions have been eliminated. Use of estimates The preparation of financial statements in conformity with US GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Significant areas requiring the use of management estimates include valuation allowance for deferred income tax assets, the determination of the assumptions used in calculating the fair value of stock-based compensation and the determination of the assumptions used in calculating the fair value of derivative financial liabilities and the warrant liability. Actual results could differ from those estimates and could impact future results of operations and cash flows. Recent accounting pronouncements adopted In August 2014, 2014 15, 2014 15” 2014 15 one 2014 15 December 15, 2016, not Recent accounting pronouncements adopted (continued) In March 2016, 2016 09, Compensation – Stock Compensation: Improvements to Employee Share-Based Payment Accounting, December 15, 2016, not |
Note 3 - Going Concern
Note 3 - Going Concern | 3 Months Ended |
Sep. 30, 2017 | |
Notes to Financial Statements | |
Substantial Doubt about Going Concern [Text Block] | NOTE 3 GOING CONCERN These consolidated financial statements have been prepared on a going concern basis, which assumes the Company will continue in operation for the foreseeable future and will be able to realize its assets and discharge its liabilities in the ordinary course of business. The Company’s operations have resulted in a net loss of $1,016,397 September 30, 2017 ( 2016 $730,775 $64,376,586 June 30, 2017 - $63,360,189 $4,118,746 September 30, 2017 ( June 30, 2017 - $3,600,986 not $1,000,000 $200,000 13 twelve These consolidated financial statements do not not none |
Note 4 - Stockholders' Deficit
Note 4 - Stockholders' Deficit | 3 Months Ended |
Sep. 30, 2017 | |
Notes to Financial Statements | |
Stockholders' Equity Note Disclosure [Text Block] | NOTE 4 STOCKHOLDERS’ DEFICIT Common stock During the three September 30, 2017, (i) On July 13, 2017, 1,000,000 $30,000 (ii) On September 29, 2017, 600,000 June 30, 2017. During the three September 30, 2017, (i) During the three September 30, 2017, 15,270,216 $520,582 9 $86,896. (iii) On July 20, 2017, 925,000 $16,800 $27,750 $10,950 Preferred stock As of September 30, 2017 June 30, 2017, no Stock options and restricted shares The Company is reviewing several alternatives to replace its 2001, 2003, 2009 June 30, 2019. In January 2001, 2001 "2001 may 2,500,000 December 2001 may 2,500,000 3,500,000 September 30, 2017, nil June 30, 2017 - nil In April 2003, 2003 "2003 may 1,500,000 September 30, 2017, nil June 30, 2017 - nil During the fiscal year ended June 30, 2010, 2009 "2009 may 4,000,000 September 30, 2017, nil June 30, 2016 - nil Stock option activity The following summarizes the options outstanding and exercisable: Number of Options Expiry Date Exercise Price September 30, 2017 June 30, 2017 January 13, 2019 $0.25 50,000 50,000 January 13, 2020 $0.25 50,000 50,000 January 13, 2021 $0.25 50,000 50,000 Total outstanding 150,000 150,000 Total exercisable 150,000 150,000 The aggregate intrinsic value of options outstanding and exercisable as of September 30, 2017 $nil June 30, 2017 - $nil The weighted average remaining contractual lives for options outstanding and exercisable at September 30, 2017 June 30, 2017 3.29 3.54 During September 2017, $561,737 5,721,641 $0.05 3 5 $153,728 Stock purchase warrants The following summarizes information about the Company’s stock purchase warrants outstanding: Number of Warrants Expiry Date Exercise Price September 30, 2017 June 30, 2017 October 1, 2017* $0.30 3,209,465 3,209,465 October 1, 2017 $0.20 835,000 835,000 Total outstanding and exercisable 4,044,465 12,506,309 * During the year ended June 30, 2017, 3,209,465 November 25, 2016 October 1, 2017. Share obligations (a) Pursuant to a separation agreement with the previous CFO, the Company will issue 36,000 $3,600 July 1, 2016 February 10, 2017 ( (b) Pursuant to director’s agreements, the Company is obligated to issue 65,000 September 30, 2017, not $37,650 |
Note 5 - Income Taxes
Note 5 - Income Taxes | 3 Months Ended |
Sep. 30, 2017 | |
Notes to Financial Statements | |
Income Tax Disclosure [Text Block] | NOTE 5 INCOME TAXES There are no three September 30, 2017, |
Note 6 - Supplemental Disclosur
Note 6 - Supplemental Disclosure of Cash Flow Information | 3 Months Ended |
Sep. 30, 2017 | |
Notes to Financial Statements | |
Cash Flow, Supplemental Disclosures [Text Block] | NOTE 6 SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION Three months ended September 30, 2016 Three months ended September 30, 2016 Changes in working capital Prepaid expenses $ - $ 13,053 Related party receivable - (10,745 ) Accounts payable and accruals 636,485 315,758 Related party payable (347,012 ) 69,500 $ 289,473 $ 387,566 Shares issued for: Settlement of debt $ 27,750 $ - Settlement of convertible debenture $ 513,945 $ 80,039 Professional Services $ 30,000 $ - |
Note 7 - Related Party Transact
Note 7 - Related Party Transactions | 3 Months Ended |
Sep. 30, 2017 | |
Notes to Financial Statements | |
Related Party Transactions Disclosure [Text Block] | NOTE 7 RELATED PARTY TRANSACTIONS As of September 30, 2017, $136,075 June 30, 2017 - $483,087 |
Note 8 - Segment Information
Note 8 - Segment Information | 3 Months Ended |
Sep. 30, 2017 | |
Notes to Financial Statements | |
Segment Reporting Disclosure [Text Block] | NOTE 8 SEGMENT INFORMATION The Company operates primarily in one Integral Technologies, Inc Notes to the Consolidated Financial Statements (Unaudited) |
Note 9 - Convertible Debentures
Note 9 - Convertible Debentures | 3 Months Ended |
Sep. 30, 2017 | |
Notes to Financial Statements | |
Debt Disclosure [Text Block] | NOTE 9 CONVERTIBLE DEBENTURES During the year ended June 30, 2017, (a) Power Up Lending Group, Ltd.: ● On February 9, 2017, $55,000 $3,000 December 30, 2017; ● On March 9, 2017, $35,000 $3,500 November 20, 2017 The convertible debentures accrue interest of 12% 180 63% three ten one 4.99% not 22% The convertible debentures may ● Outstanding principal multiplied by 115% 30 ● Outstanding principal multiplied by 120% 31 60 ● Outstanding principal multiplied by 125% 61 90 ● Outstanding principal multiplied by 130% 91 120 ● Outstanding principal multiplied by 135% 121 150 ● Outstanding principal multiplied by 140% 151 180 The embedded conversion feature of the convertible debentures were treated as derivative liabilities measured at fair value on inception and at each reporting date with the debt component being allocated the residual value of the debt and amortized using the effective interest method to its maturity value. Debt issuance costs have been recorded as a reduction to the debt. At inception of the loans, the total net proceeds allocated to the derivative liability components were $22,384 $67,616 On August 9, 2017, $85,979 February 9, 2017 $73,450 (b) L2 ● On May 12, 2017, $469,760 12% November 12, 2017; ● On May 18, 2017, $75,000 $13,200 $31,027 8% November 18, 2017; ● On June 8, 2017, $25,000 $2,006 8% December 8, 2017; The convertible debentures can be converted into common stock at the option of the holder at any time after 180 65% two twenty-one one 9.99% not 24% ● On May 19, 2017, may $5,000,000 $105,000. May 5, 2020; The convertible debenture associated with the equity purchase agreement accrues interest of 8% 180 67.5% two twenty one 9.99% not 24% If the Company enters into a convertible debt agreement with a conversion rate greater than the conversion price of the convertible debt above, then the conversion price shall be automatically adjusted to equal the most beneficial conversion rate. The convertible debentures may ● The May 12, 18 June 8, 2017 may 125% 180 ● The May 19, 2017 may ● the outstanding principal multiplied by 120% 90 ● the outstanding principal multiplied by 140% 91 180 The embedded conversion feature of the convertible debentures were treated as derivative liabilities measured at fair value on inception and at each reporting date with the debt component being allocated the residual value of the debt and amortized using the effective interest method to its maturity value. Debt issuance costs have been recorded as a reduction to the debt. The embedded conversion feature of the equity purchase agreement commission convertible debenture was treated as a derivative liability measured at fair value on inception and at each reporting date with the debt component being allocated the residual value of the debt and amortized using the effective interest method to its maturity value. Debt issuance costs have been recorded as a deferred debt discount asset to be amortized using the effective interest method to its maturity value. At inception of the convertible debt, the total net proceeds allocated to the derivative liability components were $576,901 $97,859 (c) SBI Investments LLC ● On May 12, 2017, $469,760 12% November 12, 2017; ● On May 18, 2017, $75,000 $13,200 $31,027 8% November 18, 2017; ● On June 23, 2017, $25,000 $3,750 8% December 23, 2017; The convertible debentures can be converted into common stock at the option of the holder at any time after 180 65% two twenty-one one 9.99% not 24% ● On May 19, 2017, may $5,000,000 $105,000. May 5, 2020; The convertible debenture associated with the equity purchase agreement accrues interest of 8% 180 67.5% two twenty one 9.99% not 24% In the Company enters into a convertible debt agreement with a conversion rate greater than the conversion price of the convertible debt above, then the conversion price shall be automatically adjusted to equal the most beneficial conversion rate. The convertible debentures may ● The May 12, 18 June 23, 2017 may 125% 180 ● The May 19, 2017 may ● the outstanding principal multiplied by 120% 90 ● the outstanding principal multiplied by 140% 91 180 The embedded conversion feature of the convertible debentures were treated as derivative liabilities measured at fair value on inception and at each reporting date with the debt component being allocated the residual value of the debt and amortized using the effective interest method to its maturity value. Debt issuance costs have been recorded as a reduction to the debt. The embedded conversion feature of the equity purchase agreement commission convertible debenture was treated as a derivative liability measured at fair value on inception and at each reporting date with the debt component being allocated the residual value of the debt and amortized using the effective interest method to its maturity value. Debt issuance costs have been recorded as a deferred debt discount asset to be amortized using the effective interest method to its maturity value. At inception of the convertible debt, the total net proceeds allocated to the derivative liability components were $574,840 $99,920 Summary of convertible debt transactions As of September 30, 2017, $413,806 June 30, 2017 - $162,821 $183,613 June 30, 2017 - $201,432 $1,099,514 June 30, 2017 - $988,463 During the three September 30, 2017, $545,362 2016 $29,238 September 30, 2017, $502,959 $42,403 As of September 30, 2017, 37,208,555 June 30, 2017 – 55,374,342 $0.02 June 30, 2017 - $0.01 As of September 30, 2017, $725,567 June 30, 2017 - $1, 439,520 $41,018 June 30, 2017 - $22,392 During the three September 30, 2017, $496,685 2016 $24,605 $17,819 2016 $nil The fair value of the derivative financial liabilities are calculated using the Black Sholes option pricing model. The following assumptions were used in determining the fair value of the derivative liabilities at inception during the year ended: September 30, 2017 June 30, 2017 Share price 0.04 – 0.05 0.04 – 0.10 Conversion price 0.02 – 0.03 0.02 – 0.06 Expected life (years) 0.50 – 0.81 0.50 – 0.81 Interest rate 1.02 – 1.11% 0.80 – 1.11% Volatility 132.98 – 158.06% 106.63 – 158.06% Dividend yield N/A N/A Estimated forfeitures N/A N/A The following assumptions were used in determining the fair value of the derivative financial liabilities as of: September 30, 2017 June 30, 2017 Share price 0.04 0.03 Conversion price 0.02 0.02 Expected life (years) 1.50 0.39 – 0.64 Interest rate 1.31% 1.14% Volatility 138.98% 152.55 – 181.43% Dividend yield N/A N/A Estimated forfeitures N/A N/A The following table summarizes the changes in the derivative liabilities: Derivative liability Balance, June 30, 2017 $ 988,463 Derivatives settled upon conversion of debt (318,273 ) Gain on extinguishment of convertible debt (116,038 ) Gain on change in Fair value of the derivative 545,362 Balance, September 30, 2017 $ 1,099,514 |
Note 10 - Loan Payable
Note 10 - Loan Payable | 3 Months Ended |
Sep. 30, 2017 | |
Notes to Financial Statements | |
Loan Payable [Text Block] | NOTE 10 LOAN PAYABLE During the three September 30, 2017, (a) On January 1, 2016, July 1, 2016, $110,000. one 5% $5,500 July 1, 2016. (b) On October 24, 2016, $12,000. November 9, 2016. 75,000 14 140%. $10,500 On November 29, 2016, January 30, 2017. 225,000 $27,000 three September 30, 2017, $16,800 925,000 $27,750 $10,950 (c) During July August 2017, (i) On July 25, 2017, $10,000 $200 April 27, 2018; (ii) On August 14, 2017, $100,000 $750 May 14, 2018; (iii) On August 22, 2017, $162,400 $750 May 23, 2018. During the three September 30, 2017, $4,052 2016 $nil |
Note 11 - Deferred Revenue
Note 11 - Deferred Revenue | 3 Months Ended |
Sep. 30, 2017 | |
Notes to Financial Statements | |
Deferred Revenue Disclosure [Text Block] | NOTE 11 DEFERRED REVENUE On June 21, 2013, ten The agreement called for license fees as follows: ● $250,000 15 ● $250,000 no one The payments have been recorded as deferred revenue, which will be recognized as license fee revenue in the consolidated statements of operations over the life of the ten three September 30, 2017, $12,500 2016 $12,500 As of September 30, 2017 June 30, 2017, June 30, 2017 June 30, 2017 Current $ 50,000 $ 50,000 Non-current 258,333 270,833 $ 308,333 $ 320,833 |
Note 12 - Lease Agreement
Note 12 - Lease Agreement | 3 Months Ended |
Sep. 30, 2017 | |
Notes to Financial Statements | |
Leases of Lessee Disclosure [Text Block] | NOTE 12 LEASE AGREEMENT During the three September 30, 2017 2016, $15,000 July 1, 2013 June 30, 2018 , $2,500. 2018 22,500 $ 22,500 |
Note 13 - Subsequent Events
Note 13 - Subsequent Events | 3 Months Ended |
Sep. 30, 2017 | |
Notes to Financial Statements | |
Subsequent Events [Text Block] | NOTE 13 SUBSEQUENT EVENTS Subsequent to the three September 30, 2017, (a) On November 16, 2017, $200,000 180 2 not 16 The note becomes convertible if the Company defaults on repayment on day 180. $0.05 50% 25 no 4.99% 120 no In addition to the debt, the Company issued 2,000,000 November 16, 2022. $0.05 10 At any time while the warrants are outstanding, any subsequent sale of shares of common stock, or any agreement whereby the holder may For any reason at the lender’s sole discretion, the lender may (b) On February 20, 2018, (i) Upfront fee of $1,000,0000 10 (ii) Royalties as follows: (a) 10% one (b) 7.5% 4 7; (c) 5% 8 10. (c) Up to the date of this report, the Company issued a total of 23,223,274 $509,370 |
Significant Accounting Policies
Significant Accounting Policies (Policies) | 3 Months Ended |
Sep. 30, 2017 | |
Accounting Policies [Abstract] | |
Consolidation, Policy [Policy Text Block] | Principles of consolidation These consolidated financial statements include the accounts of the Company and its wholly-owned subsidiaries, Integral Operating, LLC (“Operating”), Integral Vision Systems, Inc. ("IVSI"), Antek Wireless Inc. ("Antek"), Electriplast Corp. (formerly Plastenna, Inc.) (“Electriplast”), and Integral Technologies Asia, Inc. (“Asia”), which are currently inactive. All intercompany balances and transactions have been eliminated. |
Use of Estimates, Policy [Policy Text Block] | Use of estimates The preparation of financial statements in conformity with US GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Significant areas requiring the use of management estimates include valuation allowance for deferred income tax assets, the determination of the assumptions used in calculating the fair value of stock-based compensation and the determination of the assumptions used in calculating the fair value of derivative financial liabilities and the warrant liability. Actual results could differ from those estimates and could impact future results of operations and cash flows. |
New Accounting Pronouncements, Policy [Policy Text Block] | Recent accounting pronouncements adopted In August 2014, 2014 15, 2014 15” 2014 15 one 2014 15 December 15, 2016, not Recent accounting pronouncements adopted (continued) In March 2016, 2016 09, Compensation – Stock Compensation: Improvements to Employee Share-Based Payment Accounting, December 15, 2016, not |
Note 4 - Stockholders' Deficit
Note 4 - Stockholders' Deficit (Tables) | 3 Months Ended |
Sep. 30, 2017 | |
Notes Tables | |
Schedule of Share-based Compensation, Shares Authorized under Stock Option Plans, by Exercise Price Range [Table Text Block] | Number of Options Expiry Date Exercise Price September 30, 2017 June 30, 2017 January 13, 2019 $0.25 50,000 50,000 January 13, 2020 $0.25 50,000 50,000 January 13, 2021 $0.25 50,000 50,000 Total outstanding 150,000 150,000 Total exercisable 150,000 150,000 |
Schedule of Stockholders' Equity Note, Warrants or Rights Outstanding by Expiration Date [Table Text Block] | <table style="margin: 0pt auto 0pt 40pt; font-size: 10pt; font-family: "Times New Roman", Times, serif; text-indent: 0px; min-; min-width: 700px;" cellspacing="0pt" cellpadding="0pt" border="0px"> <tr style="vertical-align: bottom; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"> </div></td> <td style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"> </div></td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"> </div></td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td colspan="6" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">Number of Warrants</div></div></div> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; width: 46%; border-bottom: thin solid rgb(0, 0, 0);"> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">Expiry Date</div> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td colspan="2" style="text-align: left; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin: 0pt; text-align: center;">Exercise Price</div> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td colspan="2" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;">September 30,</div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;">2017</div> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; padding-bottom: 1px; border-bottom: thin solid rgb(0, 0, 0);"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; border-bottom: thin solid rgb(0, 0, 0);"> </td> <td colspan="2" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;">June 30,</div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;">2017</div> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> </tr> <tr style="vertical-align: bottom; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255); font-family: "Times New Roman", Times, serif; font-size: 10pt;"> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">October 1, 2017*</div> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"> </td> <td style="width: 15%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; text-align: center;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">$0.30</div></td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;" nowrap="nowrap"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 15%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">3,209,465</div></td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;" nowrap="nowrap"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 15%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">3,209,465</div></td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;" nowrap="nowrap"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255); font-family: "Times New Roman", Times, serif; font-size: 10pt;"> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">October 1, 2017</div> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; padding-bottom: 3px;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"> </td> <td style="width: 15%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; text-align: center;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">$0.20</div></td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;" nowrap="nowrap"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="width: 15%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">835,000</div></td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);" nowrap="nowrap"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="width: 15%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">835,000</div></td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; padding-bottom: 3px;" nowrap="nowrap"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255); font-family: "Times New Roman", Times, serif; font-size: 10pt;"> <td colspan="4" style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> </div><div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">Total outstanding and exercisable</div> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; padding-bottom: 3px;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="width: 15%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">4,044,465</div></td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);" nowrap="nowrap"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="width: 15%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">12,506,309</div></td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; padding-bottom: 3px;" nowrap="nowrap"> </td> </tr> </table></div>" id="sjs-B5"><div style="display: inline; font-family: times new roman; font-size: 10pt"><table style="margin: 0pt auto 0pt 40pt; font-size: 10pt; font-family: "Times New Roman", Times, serif; text-indent: 0px; min-; min-width: 700px;" cellspacing="0pt" cellpadding="0pt" border="0px"> <tr style="vertical-align: bottom; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"> </div></td> <td style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"> </div></td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"> </div></td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td colspan="6" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">Number of Warrants</div></div></div> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; width: 46%; border-bottom: thin solid rgb(0, 0, 0);"> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">Expiry Date</div> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td colspan="2" style="text-align: left; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin: 0pt; text-align: center;">Exercise Price</div> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td colspan="2" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;">September 30,</div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;">2017</div> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; padding-bottom: 1px; border-bottom: thin solid rgb(0, 0, 0);"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; border-bottom: thin solid rgb(0, 0, 0);"> </td> <td colspan="2" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;">June 30,</div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;">2017</div> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> </tr> <tr style="vertical-align: bottom; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255); font-family: "Times New Roman", Times, serif; font-size: 10pt;"> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">October 1, 2017*</div> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"> </td> <td style="width: 15%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; text-align: center;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">$0.30</div></td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;" nowrap="nowrap"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 15%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">3,209,465</div></td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;" nowrap="nowrap"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 15%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">3,209,465</div></td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;" nowrap="nowrap"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255); font-family: "Times New Roman", Times, serif; font-size: 10pt;"> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">October 1, 2017</div> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; padding-bottom: 3px;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"> </td> <td style="width: 15%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; text-align: center;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">$0.20</div></td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;" nowrap="nowrap"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="width: 15%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">835,000</div></td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);" nowrap="nowrap"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="width: 15%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">835,000</div></td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; padding-bottom: 3px;" nowrap="nowrap"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255); font-family: "Times New Roman", Times, serif; font-size: 10pt;"> <td colspan="4" style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> </div><div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">Total outstanding and exercisable</div> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; padding-bottom: 3px;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="width: 15%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">4,044,465</div></td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);" nowrap="nowrap"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td style="width: 15%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">12,506,309</div></td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; padding-bottom: 3px;" nowrap="nowrap"> </td> </tr> </table></div> |
Note 6 - Supplemental Disclos_2
Note 6 - Supplemental Disclosure of Cash Flow Information (Tables) | 3 Months Ended |
Sep. 30, 2017 | |
Notes Tables | |
Schedule of Cash Flow, Supplemental Disclosures [Table Text Block] | Three months ended September 30, 2016 Three months ended September 30, 2016 Changes in working capital Prepaid expenses $ - $ 13,053 Related party receivable - (10,745 ) Accounts payable and accruals 636,485 315,758 Related party payable (347,012 ) 69,500 $ 289,473 $ 387,566 Shares issued for: Settlement of debt $ 27,750 $ - Settlement of convertible debenture $ 513,945 $ 80,039 Professional Services $ 30,000 $ - |
Note 9 - Convertible Debentur_2
Note 9 - Convertible Debentures (Tables) | 3 Months Ended |
Sep. 30, 2017 | |
Notes Tables | |
Fair Value Measurement Inputs and Valuation Techniques [Table Text Block] | September 30, 2017 June 30, 2017 Share price 0.04 – 0.05 0.04 – 0.10 Conversion price 0.02 – 0.03 0.02 – 0.06 Expected life (years) 0.50 – 0.81 0.50 – 0.81 Interest rate 1.02 – 1.11% 0.80 – 1.11% Volatility 132.98 – 158.06% 106.63 – 158.06% Dividend yield N/A N/A Estimated forfeitures N/A N/A September 30, 2017 June 30, 2017 Share price 0.04 0.03 Conversion price 0.02 0.02 Expected life (years) 1.50 0.39 – 0.64 Interest rate 1.31% 1.14% Volatility 138.98% 152.55 – 181.43% 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 Balance, June 30, 2017 $ 988,463 Derivatives settled upon conversion of debt (318,273 ) Gain on extinguishment of convertible debt (116,038 ) Gain on change in Fair value of the derivative 545,362 Balance, September 30, 2017 $ 1,099,514 |
Note 11 - Deferred Revenue (Tab
Note 11 - Deferred Revenue (Tables) | 3 Months Ended |
Sep. 30, 2017 | |
Notes Tables | |
Deferred Revenue, by Arrangement, Disclosure [Table Text Block] | June 30, 2017 June 30, 2017 Current $ 50,000 $ 50,000 Non-current 258,333 270,833 $ 308,333 $ 320,833 |
Note 12 - Lease Agreement (Tabl
Note 12 - Lease Agreement (Tables) | 3 Months Ended |
Sep. 30, 2017 | |
Notes Tables | |
Lessee, Operating Lease, Disclosure [Table Text Block] | 2018 22,500 $ 22,500 |
Note 1 - Nature of Operations (
Note 1 - Nature of Operations (Details Textual) | 3 Months Ended |
Sep. 30, 2017 | |
Entity Incorporation, Date of Incorporation | Feb. 12, 1996 |
Note 3 - Going Concern (Details
Note 3 - Going Concern (Details Textual) - USD ($) | Oct. 28, 2018 | Sep. 30, 2017 | Sep. 30, 2016 | Jun. 30, 2017 |
Net Income (Loss) Attributable to Parent, Total | $ (1,016,397) | $ (730,775) | ||
Retained Earnings (Accumulated Deficit), Ending Balance | (64,376,586) | $ (63,360,189) | ||
Working Capital Deficiency | $ 4,118,746 | $ 3,600,986 | ||
Subsequent Event [Member] | ||||
Proceeds from License Fees Received | $ 1,000,000 | |||
Proceeds from Convertible Debt | $ 200,000 |
Note 4 - Stockholders' Defici_2
Note 4 - Stockholders' Deficit (Details Textual) - USD ($) | Sep. 29, 2017 | Jul. 20, 2017 | Jul. 13, 2017 | Sep. 30, 2017 | Sep. 30, 2017 | Sep. 30, 2016 | Jun. 30, 2016 | Jun. 30, 2017 | Feb. 10, 2017 | Jun. 30, 2010 | Apr. 30, 2003 | Dec. 31, 2001 | Nov. 30, 2001 | Jan. 31, 2001 |
Stock Issued During Period, Value, Issued for Services | $ 30,000 | |||||||||||||
Stock Issued During Period, Shares, Share-based Compensation, Net of Forfeitures, Total | 600,000 | |||||||||||||
Stock Issued During Period, Shares, Settlement of Debt | 925,000 | 15,270,216 | ||||||||||||
Debt Settlement Agreement, Debt Settled By Means of Stock Issuance | $ 16,800 | $ 520,582 | ||||||||||||
Gain (Loss) on Extinguishment of Debt, Total | $ 149,396 | |||||||||||||
Stock Issued During Period, Value, Settlement of Debt | 27,750 | |||||||||||||
Preferred Stock, Shares Outstanding, Ending Balance | 0 | 0 | 0 | 0 | ||||||||||
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Remaining Contractual Term | 3 years 105 days | 3 years 197 days | ||||||||||||
Debt Conversion, Converted Instrument, Original Amount, Related Parties | $ 561,737 | |||||||||||||
Debt Forgiveness, Options Issued | 5,721,641 | |||||||||||||
Debt Forgiveness, Options Issued, Exercise Price | $ 0.05 | |||||||||||||
Debt Forgiveness, Options Issued, Fair Value | $ 153,728 | |||||||||||||
Class of Warrant or Right, Expiration Date Extended During the Period, Number of Warrants or Rights | 3,209,465 | |||||||||||||
Previous Chief Financial Officer [Member] | ||||||||||||||
Share Obligations, Shares Issuable | 36,000 | |||||||||||||
Share Obligations, Value | $ 3,600 | $ 3,600 | ||||||||||||
Director [Member] | ||||||||||||||
Share Obligations, Shares Issuable | 65,000 | 65,000 | ||||||||||||
Share Obligations, Outstanding Liabilities | $ 37,650 | $ 37,650 | ||||||||||||
Minimum [Member] | ||||||||||||||
Debt Forgiveness, Options Issued, Expiration Period | 3 | |||||||||||||
Maximum [Member] | ||||||||||||||
Debt Forgiveness, Options Issued, Expiration Period | 5 | |||||||||||||
2001 Plan [Member] | ||||||||||||||
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized | 3,500,000 | 2,500,000 | 2,500,000 | |||||||||||
2003 Plan [Member] | ||||||||||||||
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized | 1,500,000 | |||||||||||||
2009 Plan [Member] | ||||||||||||||
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized | 4,000,000 | |||||||||||||
Selling, General and Administrative Expenses [Member] | ||||||||||||||
Gain (Loss) on Extinguishment of Debt, Total | $ 10,950 | |||||||||||||
Convertible Debt [Member] | ||||||||||||||
Gain (Loss) on Extinguishment of Debt, Total | $ 86,896 | |||||||||||||
Retainer Fees [Member] | ||||||||||||||
Stock Issued During Period, Shares, Issued for Services | 1,000,000 | |||||||||||||
Stock Issued During Period, Value, Issued for Services | $ 30,000 |
Note 4 - Stockholders' Defici_3
Note 4 - Stockholders' Deficit - Summary of Options Outstanding and Exercisable by Expiry Date (Details) - $ / shares | 3 Months Ended | |
Sep. 30, 2017 | Jun. 30, 2017 | |
Number of Options, Outstanding (in shares) | 150,000 | 150,000 |
Number of Options, Exercisable (in shares) | 150,000 | 150,000 |
Range One [Member] | ||
Expiry Date | Jan. 13, 2019 | |
Exercise Price, Outstanding (in dollars per share) | $ 0.25 | |
Number of Options, Outstanding (in shares) | 50,000 | 50,000 |
Range Two [Member] | ||
Expiry Date | Jan. 13, 2020 | |
Exercise Price, Outstanding (in dollars per share) | $ 0.25 | |
Number of Options, Outstanding (in shares) | 50,000 | 50,000 |
Range Three [Member] | ||
Expiry Date | Jan. 13, 2021 | |
Exercise Price, Outstanding (in dollars per share) | $ 0.25 | |
Number of Options, Outstanding (in shares) | 50,000 | 50,000 |
Note 4 - Stockholders' Defici_4
Note 4 - Stockholders' Deficit - Summary of Stock Purchase Warrants Outstanding By Expiry Date (Details) - $ / shares | 3 Months Ended | ||
Sep. 30, 2017 | Jun. 30, 2017 | ||
Class of Warrant or Right, Outstanding (in shares) | 4,044,465 | 12,506,309 | |
Warrant One [Member] | |||
Class of Warrant or Right, Expiry Date | [1] | Oct. 1, 2017 | |
Class of Warrant or Right, Exercise Price (in dollars per share) | [1] | $ 0.30 | |
Class of Warrant or Right, Outstanding (in shares) | [1] | 3,209,465 | 3,209,465 |
Warrant Two [Member] | |||
Class of Warrant or Right, Expiry Date | [1] | Oct. 1, 2017 | |
Class of Warrant or Right, Exercise Price (in dollars per share) | $ 0.20 | ||
Class of Warrant or Right, Outstanding (in shares) | 835,000 | 835,000 | |
[1] | During the year ended June 30, 2017, 3,209,465 warrants expiring November 25, 2016 were extended to October 1, 2017. |
Note 5 - Income Taxes (Details
Note 5 - Income Taxes (Details Textual) $ in Thousands | 3 Months Ended |
Sep. 30, 2017USD ($) | |
Current Income Tax Expense (Benefit), Total | $ 0 |
Deferred Income Tax Expense (Benefit), Total | $ 0 |
Note 6 - Supplemental Disclos_3
Note 6 - Supplemental Disclosure of Cash Flow Information - Supplemental Disclosure of Cash Flow Information (Details) - USD ($) | Jul. 20, 2017 | Sep. 30, 2017 | Sep. 30, 2016 |
Prepaid expenses | $ 13,053 | ||
Related party receivable | (10,745) | ||
Accounts payable and accruals | 636,485 | 315,758 | |
Related party payable | (347,012) | 69,500 | |
289,473 | 387,566 | ||
Stock Issued During Period, Value, Settlement of Debt | $ 27,750 | ||
Settlement of convertible debenture | 513,945 | 80,039 | |
Professional Services | 30,000 | ||
Common Stock Including Additional Paid in Capital [Member] | |||
Stock Issued During Period, Value, Settlement of Debt | $ 27,750 |
Note 7 - Related Party Transa_2
Note 7 - Related Party Transactions (Details Textual) - USD ($) | Sep. 30, 2017 | Jun. 30, 2017 |
Executives [Member] | ||
Due to Related Parties, Total | $ 136,075 | $ 483,087 |
Note 8 - Segment Information (D
Note 8 - Segment Information (Details Textual) | 3 Months Ended |
Sep. 30, 2017 | |
Number of Operating Segments | 1 |
Note 9 - Convertible Debentur_3
Note 9 - Convertible Debentures (Details Textual) - USD ($) | Aug. 09, 2017 | Jun. 23, 2017 | Jun. 08, 2017 | May 19, 2017 | May 18, 2017 | May 12, 2017 | Mar. 09, 2017 | Feb. 09, 2017 | Sep. 30, 2017 | Sep. 30, 2016 | Jun. 30, 2017 |
Derivative Liability, Current | $ 1,099,514 | $ 988,463 | |||||||||
Repayments of Convertible Debt | 85,979 | ||||||||||
Gain (Loss) on Extinguishment of Debt, Total | 149,396 | ||||||||||
Derivative Liability, Total | 1,099,514 | 988,463 | |||||||||
Convertible Debt, Current | 413,806 | 162,821 | |||||||||
Deferred Costs, Noncurrent, Total | 183,613 | $ 201,432 | |||||||||
Embedded Derivative, Gain on Embedded Derivative | 502,959 | ||||||||||
Embedded Derivative, Loss on Embedded Derivative | 42,403 | ||||||||||
Amortization of Debt Discount (Premium) | 17,819 | ||||||||||
L2 Capital Inc [Member] | |||||||||||
Equity Purchase Agreement, Maximum Amount | $ 5,000,000 | ||||||||||
SBI Investments LLC [Member] | |||||||||||
Equity Purchase Agreement, Maximum Amount | $ 5,000,000 | ||||||||||
Convertible Debenture Issued to Power Up Lending Group [Member] | |||||||||||
Proceeds from Convertible Debt | $ 35,000 | $ 55,000 | |||||||||
Payments of Debt Issuance Costs | $ 3,500 | $ 3,000 | |||||||||
Debt Instrument, Interest Rate, Stated Percentage | 12.00% | ||||||||||
Debt Instrument, Term at Which Debt May be Converted | 180 days | ||||||||||
Debt Instrument, Convertible, Price as a Percentage of Market Price | 63.00% | ||||||||||
Debt Instrument, Convertible, Threshold Trading Days | 10 | ||||||||||
Debt Instrument, Convertible, Threshold, Maximum Percentage of Outstanding Shares | 4.99% | ||||||||||
Debt Instrument, Stated Percentage, Interest Rate on Defaulted Principal | 22.00% | ||||||||||
Derivative Liability, Current | $ 22,384 | ||||||||||
Proceeds From Issuance of Convertible Debt, Portion Allocated to Debt Components | $ 67,616 | ||||||||||
Repayments of Convertible Debt | $ 85,979 | ||||||||||
Gain (Loss) on Extinguishment of Debt, Total | $ 73,450 | ||||||||||
Convertible Debenture Issued to Power Up Lending Group [Member] | First 30 Days [Member] | |||||||||||
Debt Instrument, Repurchase, Percentage of Outstanding Principal | 115.00% | ||||||||||
Convertible Debenture Issued to Power Up Lending Group [Member] | Debt Repaid From 31 to 60 Days [Member] | |||||||||||
Debt Instrument, Repurchase, Percentage of Outstanding Principal | 120.00% | ||||||||||
Convertible Debenture Issued to Power Up Lending Group [Member] | Debt Repaid From 61 to 90 Days [Member] | |||||||||||
Debt Instrument, Repurchase, Percentage of Outstanding Principal | 125.00% | ||||||||||
Convertible Debenture Issued to Power Up Lending Group [Member] | Debt Repaid From 91 to 120 Days [Member] | |||||||||||
Debt Instrument, Repurchase, Percentage of Outstanding Principal | 130.00% | ||||||||||
Convertible Debenture Issued to Power Up Lending Group [Member] | Debt Repaid From 121 to 150 Days [Member] | |||||||||||
Debt Instrument, Repurchase, Percentage of Outstanding Principal | 135.00% | ||||||||||
Convertible Debenture Issued to Power Up Lending Group [Member] | Debt Repaid From 151 to 180 Days [Member] | |||||||||||
Debt Instrument, Repurchase, Percentage of Outstanding Principal | 140.00% | ||||||||||
Convertible Debenture Issued to L2 Capital Inc [Member] | |||||||||||
Proceeds from Convertible Debt | $ 25,000 | $ 75,000 | $ 469,760 | ||||||||
Payments of Debt Issuance Costs | $ 13,200 | ||||||||||
Debt Instrument, Interest Rate, Stated Percentage | 8.00% | 8.00% | 12.00% | ||||||||
Debt Instrument, Term at Which Debt May be Converted | 180 days | ||||||||||
Debt Instrument, Convertible, Price as a Percentage of Market Price | 65.00% | ||||||||||
Debt Instrument, Convertible, Threshold Trading Days | 21 | ||||||||||
Debt Instrument, Convertible, Threshold, Maximum Percentage of Outstanding Shares | 9.99% | ||||||||||
Debt Instrument, Stated Percentage, Interest Rate on Defaulted Principal | 24.00% | ||||||||||
Payments for Other Issue Discount | $ 2,006 | $ 31,027 | |||||||||
Derivative Liability, Total | $ 576,901 | ||||||||||
Convertible Debt, Total | $ 97,859 | ||||||||||
Equity Purchase Agreement Convertible Debt Issued to L2 Capital Inc [Member] | |||||||||||
Debt Instrument, Interest Rate, Stated Percentage | 8.00% | ||||||||||
Debt Instrument, Term at Which Debt May be Converted | 180 days | ||||||||||
Debt Instrument, Convertible, Price as a Percentage of Market Price | 67.50% | ||||||||||
Debt Instrument, Convertible, Threshold Trading Days | 20 | ||||||||||
Debt Instrument, Convertible, Threshold, Maximum Percentage of Outstanding Shares | 9.99% | ||||||||||
Debt Instrument, Stated Percentage, Interest Rate on Defaulted Principal | 24.00% | ||||||||||
Debt Instrument, Face Amount | $ 105,000 | ||||||||||
Equity Purchase Agreement Convertible Debt Issued to L2 Capital Inc [Member] | Debt Instrument, Redemption, Period One [Member] | |||||||||||
Debt Instrument, Redemption Price, Percentage | 120.00% | ||||||||||
Equity Purchase Agreement Convertible Debt Issued to L2 Capital Inc [Member] | Debt Instrument, Redemption, Period Two [Member] | |||||||||||
Debt Instrument, Redemption Price, Percentage | 140.00% | ||||||||||
Convertible Debenture Issued to L2 Capital Inc Due November 12, 2017 and December 8, 2017 [Member] | Debt Instrument, Redemption, Period One [Member] | |||||||||||
Debt Instrument, Redemption Price, Percentage | 125.00% | ||||||||||
Convertible Debenture Issued to SBI Investments LLC [Member] | |||||||||||
Proceeds from Convertible Debt | $ 25,000 | 75,000 | $ 469,760 | ||||||||
Payments of Debt Issuance Costs | $ 13,200 | ||||||||||
Debt Instrument, Interest Rate, Stated Percentage | 8.00% | 8.00% | 12.00% | ||||||||
Debt Instrument, Term at Which Debt May be Converted | 180 days | ||||||||||
Debt Instrument, Convertible, Price as a Percentage of Market Price | 65.00% | ||||||||||
Debt Instrument, Convertible, Threshold Trading Days | 21 | ||||||||||
Debt Instrument, Convertible, Threshold, Maximum Percentage of Outstanding Shares | 9.99% | ||||||||||
Debt Instrument, Stated Percentage, Interest Rate on Defaulted Principal | 24.00% | ||||||||||
Payments for Other Issue Discount | $ 3,750 | $ 31,027 | |||||||||
Derivative Liability, Total | $ 574,840 | ||||||||||
Convertible Debt, Total | $ 99,920 | ||||||||||
Equity Purchase Agreement Convertible Debt Issued to SBI Investments LLC [Member] | |||||||||||
Debt Instrument, Interest Rate, Stated Percentage | 8.00% | ||||||||||
Debt Instrument, Term at Which Debt May be Converted | 180 days | ||||||||||
Debt Instrument, Convertible, Price as a Percentage of Market Price | 67.50% | ||||||||||
Debt Instrument, Convertible, Threshold Trading Days | 20 | ||||||||||
Debt Instrument, Convertible, Threshold, Maximum Percentage of Outstanding Shares | 9.99% | ||||||||||
Debt Instrument, Stated Percentage, Interest Rate on Defaulted Principal | 24.00% | ||||||||||
Debt Instrument, Face Amount | $ 105,000 | ||||||||||
Equity Purchase Agreement Convertible Debt Issued to SBI Investments LLC [Member] | Debt Instrument, Redemption, Period One [Member] | |||||||||||
Debt Instrument, Redemption Price, Percentage | 120.00% | ||||||||||
Equity Purchase Agreement Convertible Debt Issued to SBI Investments LLC [Member] | Debt Instrument, Redemption, Period Two [Member] | |||||||||||
Debt Instrument, Redemption Price, Percentage | 140.00% | ||||||||||
Convertible Debenture Issued to SBI Investments LLC Due November 12, 2017 and December 23, 2017 [Member] | Debt Instrument, Redemption, Period One [Member] | |||||||||||
Debt Instrument, Redemption Price, Percentage | 125.00% | ||||||||||
Convertible Debenture [Member] | |||||||||||
Derivative Liability, Current | 1,099,514 | $ 988,463 | |||||||||
Debt Instrument, Face Amount | 725,567 | 1,439,520 | |||||||||
Convertible Debt, Current | 413,806 | 162,821 | |||||||||
Deferred Costs, Noncurrent, Total | 183,613 | $ 201,432 | |||||||||
Embedded Derivative, Gain (Loss) on Embedded Derivative, Net, Total | $ 545,362 | 29,238 | |||||||||
Shares of Common Stock Required to Settle Remaining Tranches of Convertible Debt | 37,208,555 | 55,374,342 | |||||||||
Debt Instrument, Convertible, Conversion Price | $ 0.02 | $ 0.01 | |||||||||
Interest Payable | $ 41,018 | $ 22,392 | |||||||||
Amortization of Debt Discount (Premium) | 496,685 | $ 24,605 | |||||||||
Debt Issuance Costs, Net, Total | $ 17,819 |
Note 9 - Convertible Debentur_4
Note 9 - Convertible Debentures - Assumptions Used to Determine Fair Value of Derivative Liabilities (Details) | Sep. 30, 2017 | Jun. 30, 2017 | Jun. 30, 2016 |
Measurement Input, Share Price [Member] | Derivative Financial Liability at Balance Sheet Date [Member] | |||
Measurement input, derivatives | 0.04 | 0.03 | |
Measurement Input, Conversion Price [Member] | Derivative Financial Liability at Balance Sheet Date [Member] | |||
Measurement input, derivatives | 0.02 | 0.02 | |
Measurement Input, Expected Term [Member] | Derivative Financial Liability at Balance Sheet Date [Member] | |||
Measurement input, derivatives | 1.5 | ||
Measurement Input, Risk Free Interest Rate [Member] | Derivative Financial Liability at Balance Sheet Date [Member] | |||
Measurement input, derivatives | 0.0131 | 0.0114 | |
Measurement Input, Price Volatility [Member] | Derivative Financial Liability at Balance Sheet Date [Member] | |||
Measurement input, derivatives | 1.3898 | ||
Measurement Input, Expected Dividend Rate [Member] | Derivative Financial Liability at Balance Sheet Date [Member] | |||
Measurement input, derivatives | |||
Estimated Forfeitures [Member] | Derivative Financial Liability at Balance Sheet Date [Member] | |||
Measurement input, derivatives | |||
Minimum [Member] | Measurement Input, Share Price [Member] | Derivative Financial Liability at Inception [Member] | |||
Measurement input, derivatives | 0.04 | 0.04 | |
Minimum [Member] | Measurement Input, Conversion Price [Member] | Derivative Financial Liability at Inception [Member] | |||
Measurement input, derivatives | 0.02 | 0.02 | |
Minimum [Member] | Measurement Input, Expected Term [Member] | Derivative Financial Liability at Inception [Member] | |||
Measurement input, derivatives | 0.5 | 0.5 | |
Minimum [Member] | Measurement Input, Expected Term [Member] | Derivative Financial Liability at Balance Sheet Date [Member] | |||
Measurement input, derivatives | 0.39 | ||
Minimum [Member] | Measurement Input, Risk Free Interest Rate [Member] | Derivative Financial Liability at Inception [Member] | |||
Measurement input, derivatives | 0.0102 | 0.008 | |
Minimum [Member] | Measurement Input, Price Volatility [Member] | Derivative Financial Liability at Inception [Member] | |||
Measurement input, derivatives | 1.3298 | 1.0663 | |
Minimum [Member] | Measurement Input, Price Volatility [Member] | Derivative Financial Liability at Balance Sheet Date [Member] | |||
Measurement input, derivatives | 1.5255 | ||
Maximum [Member] | Measurement Input, Share Price [Member] | Derivative Financial Liability at Inception [Member] | |||
Measurement input, derivatives | 0.05 | 0.1 | |
Maximum [Member] | Measurement Input, Conversion Price [Member] | Derivative Financial Liability at Inception [Member] | |||
Measurement input, derivatives | 0.03 | 0.06 | |
Maximum [Member] | Measurement Input, Expected Term [Member] | Derivative Financial Liability at Inception [Member] | |||
Measurement input, derivatives | 0.81 | 0.81 | |
Maximum [Member] | Measurement Input, Expected Term [Member] | Derivative Financial Liability at Balance Sheet Date [Member] | |||
Measurement input, derivatives | 0.64 | ||
Maximum [Member] | Measurement Input, Risk Free Interest Rate [Member] | Derivative Financial Liability at Inception [Member] | |||
Measurement input, derivatives | 0.0111 | 0.0111 | |
Maximum [Member] | Measurement Input, Price Volatility [Member] | Derivative Financial Liability at Inception [Member] | |||
Measurement input, derivatives | 1.5806 | 1.5806 | |
Maximum [Member] | Measurement Input, Price Volatility [Member] | Derivative Financial Liability at Balance Sheet Date [Member] | |||
Measurement input, derivatives | 1.8143 |
Note 9 - Convertible Debentur_5
Note 9 - Convertible Debentures - Change in Derivative Liabilities (Details) - USD ($) | 3 Months Ended | |
Sep. 30, 2017 | Sep. 30, 2016 | |
Derivative liability, Balance | $ 988,463 | |
Derivatives settled upon conversion of debt | (318,273) | |
Derivative liability, Gain on extinguishment of convertible debt | (149,396) | |
Gain on change in Fair value of the derivative | 545,362 | $ (29,238) |
Derivative liability, Balance | 1,099,514 | |
Convertible Debt [Member] | ||
Derivative liability, Gain on extinguishment of convertible debt | $ (116,038) |
Note 10 - Loan Payable (Details
Note 10 - Loan Payable (Details Textual) - USD ($) | Aug. 22, 2017 | Aug. 14, 2017 | Jul. 25, 2017 | Jul. 20, 2017 | Oct. 24, 2016 | Jan. 01, 2016 | Sep. 30, 2017 | Sep. 30, 2016 | Nov. 29, 2016 |
Interest Expense, Debt, Total | $ 4,052 | ||||||||
Debt Settlement Agreement, Debt Settled By Means of Stock Issuance | $ 16,800 | $ 520,582 | |||||||
Stock Issued During Period, Shares, Settlement of Debt | 925,000 | 15,270,216 | |||||||
Stock Issued During Period, Value, Settlement of Debt | $ 27,750 | ||||||||
Gain (Loss) on Extinguishment of Debt, Total | $ 149,396 | ||||||||
Proceeds from Short-term Debt, Total | $ 162,400 | $ 100,000 | $ 10,000 | ||||||
Debt Instrument, Periodic Payment, Interest | $ 750 | $ 750 | $ 200 | ||||||
Short Term Loan Agreement [Member] | Loans Payable [Member] | |||||||||
Debt Instrument, Face Amount | $ 110,000 | ||||||||
Debt Instrument, Interest Rate, Stated Percentage | 5.00% | ||||||||
Interest Expense, Debt, Total | $ 5,500 | ||||||||
Promissory Note 2 [Member] | Loans Payable [Member] | |||||||||
Proceeds from Notes Payable, Total | $ 12,000 | ||||||||
Promissory Note, Common Shares Required to Be Issued Within 14 Days | 75,000 | ||||||||
Promissory Note, Default, Percentage of Balance Increase | 140.00% | ||||||||
Promissory Note, Common Shares Required to Be Issued Within 14 Days, Value, Recognized as Interest Expense and Additional Paid In Capital | $ 10,500 | ||||||||
Debt Instrument, Extension, Shares Agreed to Issue | 225,000 | ||||||||
Debt Instrument, Extension, Obligation to Issue Shares | $ 27,000 | ||||||||
Debt Settlement Agreement, Debt Settled By Means of Stock Issuance | $ 16,800 | ||||||||
Stock Issued During Period, Shares, Settlement of Debt | 925,000 | ||||||||
Stock Issued During Period, Value, Settlement of Debt | $ 27,750 | ||||||||
Gain (Loss) on Extinguishment of Debt, Total | $ (10,950) |
Note 11 - Deferred Revenue (Det
Note 11 - Deferred Revenue (Details Textual) - License Fees [Member] - USD ($) | Jun. 21, 2013 | Jul. 06, 2013 | Sep. 30, 2017 | Sep. 30, 2016 | Jun. 21, 2014 |
Period of License Agreement | 10 years | ||||
Deferred Revenue, Additions | $ 250,000 | $ 250,000 | |||
Deferred Revenue, Revenue Recognized | $ 12,500 | $ 12,500 |
Note 11 - Deferred Revenue - De
Note 11 - Deferred Revenue - Deferred Revenue (Details) - USD ($) | Sep. 30, 2017 | Jun. 30, 2017 |
Current | $ 50,000 | $ 50,000 |
Non-current | 258,333 | 270,833 |
$ 308,333 | $ 320,833 |
Note 12 - Lease Agreement (Deta
Note 12 - Lease Agreement (Details Textual) - USD ($) | Jul. 01, 2013 | Sep. 30, 2017 | Sep. 30, 2016 |
Operating Leases, Rent Expense, Net, Total | $ 15,000 | $ 15,000 | |
Lease Expiration Date | Jun. 30, 2018 | ||
Lease Transaction Monthly Rental Payments | $ 2,500 |
Note 12 - Lease Agreement - Fut
Note 12 - Lease Agreement - Future Minimum Lease Payments (Details) | Sep. 30, 2017USD ($) |
2,018 | $ 22,500 |
$ 22,500 |
Note 13 - Subsequent Events (De
Note 13 - Subsequent Events (Details Textual) - Subsequent Event [Member] - USD ($) | Oct. 28, 2018 | Feb. 20, 2018 | Nov. 16, 2017 | Oct. 28, 2018 |
Proceeds from Convertible Debt | $ 200,000 | |||
Proceeds from License Fees Received | $ 1,000,000 | |||
Debt Conversion, Converted Instrument, Shares Issued | 23,223,274 | |||
Debt Conversion, Converted Instrument, Amount | $ 509,370 | |||
Exclusive Technology License Agreement with Vendor [member] | ||||
Proceeds from License Fees Received | $ 10,000,000 | |||
License Agreement, Percent of Net Sales, Years One to Three | 10.00% | |||
License Agreement, Percent of Net Sales, Years Four to Seven | 7.50% | |||
License Agreement, Percent of Net Sales, Years Eight to Ten | 5.00% | |||
Warrants Issued as Part of JMJ Financial Convertible Debenture [Member] | ||||
Class of Warrant or Right, Issued During Period | 2,000,000 | |||
Class of Warrant or Right, Exercise Price of Warrants or Rights | $ 0.05 | |||
JMJ Financial Convertible Debenture [Member] | ||||
Proceeds from Convertible Debt | $ 200,000 | |||
Debt Instrument, Term | 180 days | |||
Debt Instrument, Convertible, Threshold, Maximum Percentage of Outstanding Shares | 4.99% | |||
JMJ Financial Convertible Debenture [Member] | Maximum [Member] | ||||
Debt Instrument, Convertible, Conversion Price | $ 0.05 | |||
Debt Instrument, Convertible, Price as a Percentage of Market Price | 50.00% | |||
Debt Instrument, Convertible, Threshold Trading Days | 25 |