COMMITMENTS

6 Months Ended

Dec. 31, 2015

Notes to Financial Statements

Note 8 - COMMITMENTS

The Company leases commercial space in Sydney, Australia that serves as its flagship as well as a retail store. We lease approximately 2,500 square feet of space pursuant to a three-year lease agreement which expired in October 2014. After expiration, the lease converted to a month-to-month basis. The annual rent for the premises is AUD $57,200.

The Company also leases space on an as needed basis in Santa Monica, California that serves as its corporate headquarters.

For the six-month periods ended December 31, 2015 and 2014 the aggregate rental expense was $36,715 and $24,637, respectively. For the three-month periods ended December 31, 2015 and 2014 the aggregate rental expense was $23,350 and $11,398, respectively.