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SUBSEQUENT EVENTS
9 Months Ended
Mar. 31, 2017
Subsequent Events [Abstract]  
SUBSEQUENT EVENTS

In April 2017, the Company organized a new 100% owned subsidiary, Shared Equip, LLC (“SEQ”).  This entity was used to purchase equipment valued at approximately $1.6 million.  The equipment will be used for internal use as well as leased out to unrelated 3rd parties.

 

In accordance with the Subsequent Events Topic of the FASB ASC 855, we have evaluated subsequent events, through the filing date and noted no additional subsequent events that are reasonably likely to impact the financial statements.