COMMITMENTS

12 Months Ended

Jun. 30, 2016

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 1,070 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 years ended June 30, 2016 and 2015 the aggregate rental expense was $78,089 and $73,085, respectively.