|
Related Party Transactions
|
9 Months Ended |
|---|---|
|
Mar. 31, 2014
|
|
| Related Party Transactions [Abstract] | |
| RELATED PARTY TRANSACTIONS | NOTE 12. RELATED PARTY TRANSACTIONS The Company entered into a consulting agreement with Gold Grenade, LLC (“Gold Grenade”), a related entity co-owned by two shareholders to receive product development services. As of March 31, 2014 and March 31, 2013, $234,550 and $0, respectively, was due to Gold Grenade. For the nine months ended March 31, 2014 and March 31, 2013, the Company incurred approximately $640,000 and $622,700 respectively, in product development fees payable to Gold Grenade. For the three months ended March 31, 2014 and March 31, 2013, the Company incurred approximately $140,000 and $210,000 respectively, in product development fees payable to Gold Grenade. The agreement was terminated as of February 28, 2014. |