Equity Transactions (Tables)
 6 Months Ended
Dec. 31, 2019
Equity Transactions (Tables)  
Schedule of fair value of the Series B convertible preferred stock

 

 

June 30, 2019

 

May 9, 2019

 

Expected dividend yield

 

0.00

%

 

0.00

%

Expected stock-price volatility

 

54.5

%

 

51.9

%

Risk-free interest rate

 

2.18

%

 

2.43

%

Expected term of warrants (years)

 

0.1

 

0.25

 

Stock price

 

$

535.12

 

$

535.12

 

Exercise price ( modified on December 26, 2019 as above stated)

 

$

850.00

 

$

982.50

 
Schedule assumptions used in the black scholes option-pricing mode

 

Average risk-free interes rate

 

1.64

%

Average expected life-years

 

2

 

Expected volatility

 

99.03

%

Expected dividends

 

0

%