Annual report pursuant to Section 13 and 15(d)

Consolidated Statement of Changes in Stockholders' Accumulated Equity (Deficit)

v3.7.0.1
Consolidated Statement of Changes in Stockholders' Accumulated Equity (Deficit) - USD ($)
Total
Common stock
Additional paid-in capital
Accumulated other comprehensive income
Preferred stock
Warrants
Accumulated deficit
Begining Balance at Jun. 30, 2015 $ (821,490) $ 9,864 $ 17,392,800 $ 21,178 $ 278,530 $ 89,432 $ (18,613,294)
Beginning Balance, Shares at Jun. 30, 2015   9,864,175          
Issuance of shares and warrants - net of issue costs 1,873,920 $ 1,069 1,201,662 671,189
Issuance of shares and warrants - net of issue costs, shares   1,069,417          
Issuance of Series B Preferred Shares - net of issue costs 6,540,821 4,513,019 6,294,255 246,566 (4,513,019)
Issuance of Series B Preferred Shares - net of issue costs, shares            
Shares issued for services 146,900 $ 28 146,872
Shares issued for services, shares   27,500          
Warrants issued for services 677,445 677,445
Reclassification of stock option liability 381,497 381,497
Warrants exercised for cash 865,202 $ 186 891,266 (26,250)
Warrants exercised for cash, shares   186,167          
Cashless exercise of warrants 76,539 $ 9 76,530  
Cashless exercise of warrants, shares   9,404          
Amendment of warrants (note 4) 3,597,032 3,597,032
Stock option expense 394,132 394,132
Series A preferred cash dividend (note 3) (8,356) (8,356)
Series B preferred stock dividend $ 31 238,295 238,326
Series B preferred stock dividend, shares   30,360          
Loss for the period 8,864,864           (8,864,864)
Ending Balance at Jun. 30, 2016 4,858,778 $ 11,187 28,833,105 21,178 6,572,785 1,658,382 (32,237,859)
Ending Balance, Shares at Jun. 30, 2016   11,187,023          
Issuance of shares and warrants - net of issue costs 7,932,107 $ 2,769 4,978,601 2,950,737
Issuance of shares and warrants - net of issue costs, shares   2,769,232          
Shares issued for services 564,000 $ 60 563,940
Shares issued for services, shares   60,000          
Warrants issued for services 81,602 81,602
Reclassification of stock option liability 260,969 260,969
Warrants exercised for cash 788,276 $ 240 908,183 (120,147)
Warrants exercised for cash, shares   239,525          
Cashless exercise of warrants 5,159 $ 1 5,158  
Cashless exercise of warrants, shares   594          
Amendment of warrants (note 4) 53,006 53,006
Stock option expense 124,747 124,747
Conversion of Series B preferred stock to common stock $ 53 147,322 (147,375)
Conversion of Series B preferred stock to common stock, shares   52,813          
Series A preferred cash dividend (note 3) (8,356) (8,356)
Series B preferred stock dividend $ 200 790,254 (790,454)
Series B preferred stock dividend, shares   200,446          
Loss for the period 8,081,764           (8,081,764)
Ending Balance at Jun. 30, 2017 $ 6,578,524 $ 14,510 $ 36,665,285 $ 21,178 $ 6,425,410 $ 4,570,574 $ (41,118,433)
Ending Balance, Shares at Jun. 30, 2017   14,509,633