Contingencies and Commitments

12 Months Ended

Jun. 30, 2016

Commitments and Contingencies Disclosure [Abstract]

Note 7. Contingencies and Commitments

Operating Leases for Facilities

The Company leases executive offices in Encino, California in accordance with the terms of a non-cancelable operating lease agreement. The lease requires monthly payments of approximately $5,400 through April 30, 2017, and is being accounted for by the Company on a straight-line basis over the term of the lease.

The Company rents on a month to month basis approximately 280 square meters of office space in Monterrey, Mexico, for approximately $1,100 (20,000 Mexican Pesos) per month.

Rent expense, including real estate taxes, for the years ended June 30, 2016 and 2015 was $78,469 and $73,617, respectively.

Annual future minimum lease payments under operating leases for facilities, net of sublease income, and capital leases for equipment as of June 30, 2016 are as follows:

	Operating
	Leases for
Fiscal Year Ending June 30,	Facilities
2017	$	54,274
Total minimum lease payments	$	54,274

Legal Proceedings

The Company is involved in legal proceedings in the ordinary course of its business. Although management of the Company cannot predict the ultimate outcome of these legal proceedings with certainty, it believes that the ultimate resolution of the Company’s legal proceedings, including any amounts it may be required to pay, will not have a material effect on the Company’s consolidated financial statements.