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COMMITMENTS AND CONTINGENCIES
6 Months Ended
Dec. 31, 2013
Notes to Financial Statements  
COMMITMENTS AND CONTINGENCIES

NOTE 8. COMMITMENTS AND CONTINGENCIES

 

On December 14, 2012, the Company re-negotiated its office lease and moved to a smaller location. Current lease is for $1,625 a month, and will expire on September 30, 2014. For the fiscal years following December 31, 2013, future rents under this agreement are as follows:

 

2014   $ 9,750  
2015     4,875  
         
Total   $ 14,625  

 

Rent expenses for the six months ended December 31, 2013 and 2012, were $8,196 and $18,478, respectively.