v2.4.1.9

COMMITMENTS AND CONTINGENCIES | 9 Months Ended
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Mar. 31, 2015
COMMITMENTS AND CONTINGENCIES |
COMMITMENTS AND CONTINGENCIES | 10. 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 and nine months ended March 31, 2015, the Company has incurred $90,000 and $270,000 respectively in such notes. See Note 4 for details on the Notes issued for these services.

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