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Business Risk and Credit Risk Concentration Involving Cash
6 Months Ended
Dec. 31, 2015
Cash and Cash Equivalents [Abstract]  
Business Risk and Credit Risk Concentration Involving Cash
Business Risk and Credit Risk Concentration Involving Cash
 
For the current fiscal year 2016, the Company has two customers that together comprise 96% of the Company’s revenue. All of the Company’s revenue during fiscal year 2015 came from one customer.

The Company maintains funds in bank accounts that may exceed the limit insured by the Federal Deposit Insurance Corporation (“FDIC”) of $250,000 per depositor. The risk of loss attributable to these uninsured balances is mitigated by depositing funds in what we believe to be high credit quality financial institutions. The Company has not experienced any losses in such accounts.