Quarterly report pursuant to Section 13 or 15(d)

Subsequent Events

v3.6.0.2
Subsequent Events
6 Months Ended
Dec. 31, 2016
Subsequent Events [Abstract]  
Subsequent events
9

Subsequent events

 

Subsequent to December 31, 2016, 125,000 stock purchase warrants were exercised at $1.54 (CDN $2.00) for total proceeds of $192,075. These stock purchase warrants were exercised by Valent (notes 3 and 4) which is controlled by a cofounder of the Company.

 

In addition, 2,500 Series B preferred stock were exchanged for 6,250 shares of common stock.