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Lease Obligation
3 Months Ended
Sep. 30, 2012
Debt Disclosure [Abstract]  
Lease Obligation

NOTE 7 - LEASE OBLIGATION

 

Office

 

The Company leases 823 square feet of office space located at 14497 North Dale Mabry Highway, Suite 209-N, Tampa, Florida 33618. The original term of the lease agreement commenced on October 1, 2008 and expired on March 31, 2010. The Company executed a third amendment to the original lease effective retroactive to June 1, 2012. Under the amended lease agreement, the base rental rate, including taxes, is $1,166 per month, plus late charges and any additional monthly charges for services used by the Company. Under the third amendment to the original lease, the lease term was extended to June 30, 2013.