Promissory Note Payable	6 Months Ended
Dec. 31, 2013
Promissory Note Payable
Promissory Note Payable	NOTE 4- Promissory Note Payable On October 9, 2013, an Institutional Investor loaned the Company $2,500. The note was issued with a ten percent Original Issue Discount (“OID”) and matures on July 30, 2014. The OID will be amortized into interest expense pro-rata over the life of the Note. On October 23, 2013, an Institutional Investor loaned the Company another $5,000. The note was issued with a ten percent OID and matures on July 30, 2014. The OID will be amortized into interest expense pro-rata over the life of the Note. At the Balance Sheet date, there is $171 and $362 left to be amortized on the October 9 and October 23 Notes, respectively

- Definition

The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants.

+ References+ Details