v3.7.0.1

Consolidated Statements of Changes in Stockholders' Equity - USD ($)	Total	Directors and Employees [Member]	Third Party [Member]	Common Stock [Member]	Common Stock [Member] Directors and Employees [Member]	Common Stock [Member] Third Party [Member]	Additional Paid-in Capital [Member]	Additional Paid-in Capital [Member] Directors and Employees [Member]	Additional Paid-in Capital [Member] Third Party [Member]	Retained Earnings [Member]	Retained Earnings [Member] Directors and Employees [Member]	Retained Earnings [Member] Third Party [Member]
Balance at Jun. 30, 2014	$ 4,599,211			$ 435,006			$ 70,610,958			$ (66,446,753)
Balance (in shares) at Jun. 30, 2014				435,006,181
Amortization of stock-based compensation	7,843			$ 0			7,843			0
Stock issued for services		$ 423,500			$ 27,144			$ 396,356			$ 0
Stock issued for services (in shares)					27,143,285
Stock issued in settlement of registration rights penalties	808,438			$ 14,970			793,468			0
Stock issued in settlement of registration rights penalties (in shares)				14,970,060
Net income (loss)	412,875			$ 0			0			412,875
Balance at Jun. 30, 2015	6,251,867			$ 477,120			71,808,625			(66,033,878)
Balance (in shares) at Jun. 30, 2015				477,119,526
Amortization of stock-based compensation	176			$ 0			176			0
Stock issued for services		$ 226,188	$ 99,470		$ 12,213	$ 5,820		$ 213,975	$ 93,650		$ 0	$ 0
Stock issued for services (in shares)					12,213,936	5,819,885
Beneficial conversion feature related to convertible notes payable	395,200						395,200
Net income (loss)	(1,540,720)			0			0			(1,540,720)
Balance at Jun. 30, 2016	$ 5,432,181			$ 495,153			$ 72,511,626			$ (67,574,598)
Balance (in shares) at Jun. 30, 2016				495,153,347

Amount of increase (decrease) in additional paid in capital (APIC) resulting from recognition of deferred taxes for convertible debt with a beneficial conversion feature.

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Number of shares issued in lieu of cash for services contributed to the entity. Number of shares includes, but is not limited to, shares issued for services contributed by vendors and founders.

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Total of all stockholders' equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity's stockholders' equity attributable to the parent excludes the amount of stockholders' equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity.

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Li3 Energy, Inc. 10-K/A