Number of Warrant Shares | Exercise Price Range Per Share | Weighted Average Exercise Price | Fair Value at Date of Issuance | Aggregate Intrinsic Value | |||||||||
Balance, June 30, 2008 | - | $ | - | $ | - | $ | - | $ | - | ||||
Granted | 27,000 | 1.00 | 1.00 | 5,940.00 | - | ||||||||
Canceled | - | - | - | - | - | ||||||||
Exercised | - | - | - | - | - | ||||||||
Expired | - | - | - | - | - | ||||||||
Balance, June 30, 2009 | 27,000 | 1.00 | 1.00 | 5,940.00 | - | ||||||||
Granted | - | - | - | - | - | ||||||||
Canceled | - | - | - | - | - | ||||||||
Exercised | - | - | - | - | - | ||||||||
Expired | - | - | - | - | - | ||||||||
Balance, June 30, 2010 | 27,000 | 1.00 | 1.00 | 5,940.00 | - | ||||||||
Granted | - | - | - | - | - | ||||||||
Canceled | - | - | - | - | - | ||||||||
Exercised | - | - | - | - | - | ||||||||
Expired | - | - | - | - | - | ||||||||
Balance, June 30, 2011 | 27,000 | 1.00 | 1.00 | 5,940.00 | - | ||||||||
Granted | 919,700 | 0.01 | 0.01 | 36,788 | - | ||||||||
Canceled | - | - | - | - | - | ||||||||
Exercised | - | - | - | - | - | ||||||||
Expired | (27,000) | 1.00 | 1.00 | (5,940.00) | - | ||||||||
Balance, June 30, 2012 | 919,700 | 0.01 | 0.01 | 36,788 | - | ||||||||
Granted | - | - | - | - | - | ||||||||
Canceled | - | - | - | - | - | ||||||||
Exercised | - | - | - | - | - | ||||||||
Expired | - | - | - | - | - | ||||||||
Balance, May 31, 2013 | 919,700 | $ | 0.01 | $ | 0.01 | $ | 36,788 | $ | - | ||||
Earned and exercisable, May 31, 2013 | 919,700 | $ | 0.01 | $ | 0.01 | $ | 36,788 | $ | - | ||||
Unvested, May 31, 2013 | - | $ | 0.01 | $ | 0.01 | $ | - | $ | - |