v2.4.0.8

Notes PayableNotes payable - related parties and a third parties (TABLE)

3 Months Ended

Sep. 30, 2014

Notes payable Related parties and a Third parties (TABLE):

Notes payable Related parties and a Third parties (TABLE)

Notes payable – related parties and a third parties consist of the following:

		September 30,		June 30,
		2014		2014
Note payable – former Managing Member	$	27,750	$	27,750
Note payable – related corporation		4,300		4,300
Notes payable – stockholders		13,000		13,000
Convertible notes payable		777,217		729,120
Total		822,268		774,170
Convertible notes payable, discount		(88,834)		(126,722)
Total, net of discount		733,433		647,448
Less current portion		733,433		647,448
Long-term debt	$	-	$	-

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