Quarterly report pursuant to Section 13 or 15(d)

Commitments and Contingencies (Tables)

v3.3.0.814
Commitments and Contingencies (Tables)
3 Months Ended
Sep. 30, 2015
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Future Minimum Rental Payments for Operating Leases [Table Text Block]
As of September 30, 2015, the minimum rental commitment under the lease is as follows:
 
Year Ending June 30,
 
 
 
 
2016
 
 
270,048
 
2017
 
 
370,252
 
2018
 
 
381,360
 
2019
 
 
392,855
 
2020
 
 
335,747
 
 
 
$
1,750,262
 
Schedule of Future Minimum Lease Payments for Capital Leases [Table Text Block]
As of September 30, 2015, minimum rental commitment under the lease is as follows:
 
Year Ending June 30,
 
 
 
 
2016
 
$
72,667
 
2017
 
 
24,223
 
Total rental commitments
 
 
96,890
 
Less: Interest payments
 
 
(3,020)
 
Total lease payable
 
 
93,870
 
Lease payable, current portion
 
 
93,870
 
Lease payable, less current portion
 
$
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