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4. Franchise Fee Recognition Policy
3 Months Ended
Sep. 30, 2012
Accounting Policies [Abstract]  
4. Franchise Fee Recognition Policy

The Company recognizes franchise fee revenue from an individual franchise sale when all of the following conditions have been met:

 

  (i) The Company has no remaining obligation or intent to refund any cash received or forgive any unpaid notes or receivables;

 

  (ii) Substantially all of the initial services required by the franchise agreement have been performed by us;

 

  (iii) No other material conditions or obligations related to the determination of substantial performance exist.