Stock Based Compensation	3 Months Ended
Sep. 30, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock Based Compensation	NOTE 9. STOCK BASED COMPENSATION On March 27, 2015 (the “Effective Date”), the Company awarded an advisor directly related to ABG options to purchase 1,152,006 of the Company’s common stock, of which would vest in equal quarterly installments over two years, beginning three months after the Effective Date. On January 1, 2016, the Company consented to the entire agreement be assigned from the advisor to ABG, on whose behalf this advisor will continue to render services to the Company. The weighted average exercise price is $0.25 per share and 288,002 shares have vested as of September 30, 2015. The grant date fair value of the stock options was $0.43. The Company recognized stock-based compensation expense of $62,522 for the three months ended September 30, 2015. Unrecognized stock compensation expense was $375,129 at September 30, 2015, which the Company expects to recognize over a period of 1.5 years. Warrants In August 2014, the Company entered into a multiyear agreement with ABG to develop for ABG, entertainment projects to utilize a realistic computer generated image of Elvis Presley. There was a cash fee and 2,800,000 warrants issued with an exercise price of $0.35 per share. The warrants will expire 10 days after the delivery of an audited financial statement of activities by the Company for the period ended December 31, 2015. Due to the fact that no revenue has been generated to date, no audited financial statements have been prepared. On June 30, 2015, the Company issued warrants to a shareholder for their services provided during the capital raise of the preferred stock purchased during the period of January through June 2015. The shareholder was issued a warrant to purchase 324,000 shares of common stock at a price per share equal to $0.01. The warrants have a term of 5 years but has been accounted for as fully exercised in the quarter ended September 30, 2015. In July 2015, the Company granted 200,000 vesting stock options to a 3^rd party services provider for consulting services relating to one of our celebrity estates. The stock options have an exercise price of $0.62 per share and vests over a two-year term.

Stock Based Compensation

3 Months Ended

Sep. 30, 2015

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

NOTE 9. STOCK BASED COMPENSATION

On March 27, 2015 (the “Effective Date”), the Company awarded an advisor directly related to ABG options to purchase 1,152,006 of the Company’s common stock, of which would vest in equal quarterly installments over two years, beginning three months after the Effective Date. On January 1, 2016, the Company consented to the entire agreement be assigned from the advisor to ABG, on whose behalf this advisor will continue to render services to the Company.

The weighted average exercise price is $0.25 per share and 288,002 shares have vested as of September 30, 2015. The grant date fair value of the stock options was $0.43. The Company recognized stock-based compensation expense of $62,522 for the three months ended September 30, 2015. Unrecognized stock compensation expense was $375,129 at September 30, 2015, which the Company expects to recognize over a period of 1.5 years.

Warrants

In August 2014, the Company entered into a multiyear agreement with ABG to develop for ABG, entertainment projects to utilize a realistic computer generated image of Elvis Presley. There was a cash fee and 2,800,000 warrants issued with an exercise price of $0.35 per share. The warrants will expire 10 days after the delivery of an audited financial statement of activities by the Company for the period ended December 31, 2015. Due to the fact that no revenue has been generated to date, no audited financial statements have been prepared.

On June 30, 2015, the Company issued warrants to a shareholder for their services provided during the capital raise of the preferred stock purchased during the period of January through June 2015. The shareholder was issued a warrant to purchase 324,000 shares of common stock at a price per share equal to $0.01. The warrants have a term of 5 years but has been accounted for as fully exercised in the quarter ended September 30, 2015.

In July 2015, the Company granted 200,000 vesting stock options to a 3^rd party services provider for consulting services relating to one of our celebrity estates. The stock options have an exercise price of $0.62 per share and vests over a two-year term.

- Definition

The entire disclosure for compensation-related costs for equity-based compensation, which may include disclosure of policies, compensation plan details, allocation of equity compensation, incentive distributions, equity-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details.

+ References + Details

Pulse Evolution Corp 10-Q