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

6 Months Ended

Dec. 31, 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:

		December 31,			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			897,291			774,170
Convertible notes payable, discount			(158,325)			(126,722)
Total, net of discount			738,966			647,448
Less current portion			738,966			647,448
Long-term debt		$	-		$	-