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Condensed Consolidated Balance Sheets (Unaudited)
Mar. 31, 2017
USD ($)
Jun. 30, 2016
USD ($)
CURRENT ASSETS:    
Cash and cash equivalents $ 5,815,647 $ 5,454,107
Accounts receivable - net 654,100 839,220
Accounts receivable, related parties 1,866,055 2,124,105
Inventory - net 465,206 436,541
Investments 3,318,354 993
Prepaid income taxes 991,476 493,427
Other current assets 1,389,413 262,084
Total current assets 14,500,251 9,610,477
Restricted cash 14,028 0
Property and equipment - net 1,143,134 1,166,693
Goodwill 219,256 219,256
Intangible assets - net 928,929 1,018,213
Deferred tax assets - net 245,620 1,016,616
Other long term assets 509,538 509,538
Total assets 17,560,756 13,540,793
CURRENT LIABILITIES:    
Accounts payable and accrued expenses 2,408,713 2,396,018
Expense waivers payable - related parties 1,228,618 448,930
Purchase consideration payable 214,035
Notes payable to shareholder 3,500 8,500
Notes payable 8,500 8,500
Convertible promissory notes payable - related parties, net 600,000
Total current liabilities 3,649,331 3,675,983
Notes payable - related parties long term 600,000
Notes payable - long term 91,814
Total liabilities 4,341,145 3,675,983
Commitments and contingencies
Convertible, Preferred stock, 50,000,000 authorized par $0.001 Series B: 13,108,474 issued and outstanding at March 31, 2017 and June 30, 2016 13,108 13,108
Total temporary Equity 13,108 13,108
STOCKHOLDERS' EQUITY    
Common stock, $0.001 par value; 900,000,000 shares authorized; 886,753,846 shares issued and outstanding at March 31, 2017 and at June 30, 2016 886,754 886,754
Additional paid-in capital 9,058,605 9,058,605
Accumulated other comprehensive income (loss) (42,135) (29,503)
Retained earnings (accumulated deficit) 3,303,279 (64,154)
Total stockholders' equity 13,206,503 9,851,702
Total liabilities, convertible preferred stock and stockholders' equity $ 17,560,756 $ 13,540,793