v3.10.0.1

CONVERTIBLE LOANS (Details) - USD ($)	Jun. 30, 2018	Jun. 30, 2017
Total convertible notes payable	$ 341,667	$ 0
Less: Unamortized debt discount	(279,087)	0
Total convertible notes	48,580	0
Less: current portion of convertible notes	48,580	0
Long-term convertible notes	0	0
Convertible Notes Payable [Member]
Total convertible notes payable	29,167	0
Convertible Notes Payable One [Member]
Total convertible notes payable	112,500	0
Convertible Notes Payable Two [Member]
Total convertible notes payable	$ 200,000	$ 0

Including the current and noncurrent portions, carrying amount of debt identified as being convertible into another form of financial instrument (typically the entity's common stock) as of the balance sheet date, which originally required full repayment more than twelve months after issuance or greater than the normal operating cycle of the company.

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- Definition

The portion of the carrying value of long-term convertible debt as of the balance sheet date that is scheduled to be repaid within one year or in the normal operating cycle if longer. Convertible debt is a financial instrument which can be exchanged for a specified amount of another security, typically the entity's common stock, at the option of the issuer or the holder.

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Carrying amount of long-term convertible debt as of the balance sheet date, net of the amount due in the next twelve months or greater than the normal operating cycle, if longer. The debt is convertible into another form of financial instrument, typically the entity's common stock.

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Including the current and noncurrent portions, carrying value as of the balance sheet date of a written promise to pay a note, initially due after one year or beyond the operating cycle if longer, which can be exchanged for a specified amount of one or more securities (typically common stock), at the option of the issuer or the holder.

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Amount, after accumulated amortization, of debt discount.

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Optec International, Inc. 10-K