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COMMITMENTS AND CONTINGENCIES
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6 Months Ended |
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Dec. 31, 2014
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| COMMITMENTS AND CONTINGENCIES | |
| COMMITMENTS AND CONTINGENCIES | 11. COMMITMENTS AND CONTINGENCIES
Operating Lease
Currently, the Company rents space at 137 National Plaza, Suite 300, National Harbor, MD 20745on a month-to-month basis. Monthly rent approximates $275. There are no future minimum lease rental payments.
Consulting Agreements
The Company signed a consulting agreement which calls for a $30,000 monthly payment in the form of a convertible promissory note. For the three months ended December 31, 2014, the Company has incurred $90,000 respectively. See Footnote 3 for details on the Notes issued for these services.
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