Quarterly report pursuant to Section 13 or 15(d)

Stockholders' Equity (Tables)

v3.10.0.1
Stockholders' Equity (Tables)
 3 Months Ended
Sep. 30, 2018
Equity [Abstract]  
Schedule of Changes in Stockholders’ Equity

A summary of the changes in equity for the three months ended September 30, 2018 is provided below:

 

                                  Stock           Other              
                Additional                 Sub-           Compre-     Non     Total  
    Common Stock     Paid-in     Treasury     Accumulated     scriptions     Shares to     hensive     Controlling     Stockholders’  
    Shares     Amount     Capital     Shares     Deficit     Receivable     be Issued     Loss     Interest     Equity  
Balance at June 30, 2018      
11,708,469 		     
$ 		 
117,085 		     
$ 		 
126,479,147 		     
$ 		 
(1,205,024 		 
) 		   
$ 		 
(37,994,502 		 
) 		   
$ 		 
(221,000 		 
) 		   
$ 		 
- 		     
$ 		 
(24,386,071 		 
) 		   
$ 		 
14,146,417 		       
76,936,052 		 
Adjustment in retained earnings on adoption of ASC 606                                     (5,795,795 )                             (2,957,860 )     (8,753,655 )
Exercise of subsidiary common stock options     -       -       (6,629 )     -       -       -       -       -       9,279       2,650  
Common stock issued for:                                                                                
Services     73,891       739       445,801       -       -       -       -       -       -       446,540  
Equity component shown as current liability at                                                                                
June 30, 2018     -       -       -       -       -       -       88,324       -       -       88,324  
September 30, 2018     -       -       -       -       -       -       (88,324 )     -       -       (88,324 )
Foreign currency translation adjustment     -       -       -       -       -       -       -       (263,203 )     (200,873 )     (464,076 )
Net loss for the year     -       -       -       -       962,589       -       -       -       318,546       1,281,135  
Balance at
September 30, 2018 		     
11,782,360 		     
$ 		 
117,824 		     
$ 		 
126,918,319 		     
$ 		 
(1,205,024 		 
) 		   
$ 		 
(42,827,708 		 
) 		   
$ 		 
(221,000 		 
) 		   
$ 		 
- 		     
$ 		 
(24,649,274 		 
) 		   
$ 		 
11,315,509 		     
$ 		 
69,448,646 		 

 

Statement of changes in equity as of September 30, 2017 is provided below:

 

                                  Stock           Other              
                Additional                 Sub-           Compre-     Non     Total  
    Common Stock     Paid-in     Treasury     Accumulated     scriptions     Shares to     hensive     Controlling     Stockholders’  
    Shares     Amount     Capital     Shares     Deficit     Receivable     be Issued     Loss     Interest     Equity  
Balance at June 30, 2017     11,225,385     $ 112,254     $ 124,409,998     $ (454,310 )   $ (42,301,390 )   $ (297,511 )   $ -     $ (18,074,570 )   $ 14,799,082       78,193,553  
Exercise of common stock options     35,773       358       138,442       -       -       -       -       -       -       138,800  
Common stock issued for:                                                                                
Services     71,971       719       438,589       -       -       -       -       -       -       439,308  
Purchase of treasury shares     -       -       -       (500,663 )     -       -       -       -       -       (500,663 )
Equity component shown as current liability at                                                                                
June 30, 2017     -       -       -       -       -       -       88,324       -       -       88,324  
September 30, 2017     -       -       -       -       -       -       (88,324 )     -       -       (88,324 )
Payment received for stock subscription     -       -       -       -       -       23,585       -       -       -       23,585  
Foreign currency translation adjustment     -       -       -       -       -       -       -       (588,579 )     (237,165 )     (825,744 )
Net loss for the year     -       -       -       -       (369,498 )     -       -       -       188,233       (181,265 )
Balance at September 30, 2017     11,333,129     $ 113,331     $ 124,987,029     $ (954,973 )   $ (42,670,888 )   $ (273,926 )   $ -     $ (18,663,149 )   $ 14,750,150     $ 77,287,574