Related Party Transactions (Details) - USD ($) |
3 Months Ended | 9 Months Ended | |||||
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Dec. 08, 2017 |
Mar. 31, 2020 |
Mar. 31, 2019 |
Mar. 31, 2020 |
Mar. 31, 2019 |
Mar. 31, 2015 |
Jun. 30, 2019 |
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Related Party Transactions (Textual) | |||||||
Warrant exercise price | $ 0.15 | $ 0.15 | |||||
Professional fees | $ 99,727 | $ 146,254 | $ 366,725 | $ 449,554 | |||
Accrued expense-related party | 9,974 | $ 9,974 | $ 33,974 | ||||
Related party transaction, description | The Company made bonuses available to Folkson upon the Company hitting certain revenue milestones of $1,000,000 in a quarter, $3,000,000 in a quarter, and $5,000,000 in a quarter. Achieving those milestones would earn Folkson warrants with a $.50 and $1 strike price which would need to be exercised within 90 days of the respective quarterly or annual filing | ||||||
Mr. Folkson [Member] | |||||||
Related Party Transactions (Textual) | |||||||
Warrants to acquire of shares | 80,000 | ||||||
Warrant exercise price | $ 0.20 | ||||||
Warrant term | 3 years | ||||||
Consulting fee (per month) | $ 12,000 | $ 6,000 | |||||
Professional fees | $ 24,000 | ||||||
Accrued expense-related party | $ 9,974 | 9,974 | $ 33,974 | ||||
Total accrued balance | $ 18,000 | ||||||
Sale of stock, description | Mr. Folkson purchased 400,000 shares of stock at a strike price of $0.30 per share, valued at $120,000 which was charged to his accrual. | ||||||
Mr. Folkson [Member] | Warrant [Member] | |||||||
Related Party Transactions (Textual) | |||||||
Warrant exercise price | $ 0.15 |
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- References No definition available.
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- Definition Accruing a consulting fee. No definition available.
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- Definition Related party transactions textual. No definition available.
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- Definition Warrants to acquire shares. No definition available.
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- Definition Carrying value as of the balance sheet date of obligations incurred and payable, pertaining to costs that are statutory in nature, are incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered. Examples include taxes, interest, rent and utilities. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Exercise price per share or per unit of warrants or rights outstanding. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition A fee charged for services from professionals such as doctors, lawyers and accountants. The term is often expanded to include other professions, for example, pharmacists charging to maintain a medicinal profile of a client or customer. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition A description of the related party transaction, including transactions to which no amounts or nominal amounts were ascribed and such other information deemed necessary to an understanding of the effects of the transactions on the financial statements. Examples of common related party transactions are, sales, purchases and transfers of realty and personal property, services received or furnished, loans and leases to and from top management and affiliates. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Description of stock transaction which may include details of the offering (IPO, private placement), a description of the stock sold, percentage of subsidiary's or equity investee's stock sold, a description of the investors and whether the stock was issued in a business combination. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Period between issuance and expiration of outstanding warrant and right embodying unconditional obligation requiring redemption by transferring asset at specified or determinable date or upon event certain to occur, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents reported fact of one year, five months, and thirteen days. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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