XML 51 R10.htm IDEA: XBRL DOCUMENT v2.4.0.8
PREPAID EXPENSES
12 Months Ended
Jun. 30, 2014
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
PREPAID EXPENSES

In relation to a sub-licensing agreement with NASA, a shareholder has paid royalty fees applicable to 2014 on behalf of the Company. The $100,000 payment was an additional investment in the Company and is not required to be repaid. In addition, the Company has prepaid rent through December 2014, with a remaining prepaid balance of $37,300 as of June 30, 2014, and prepaid interest on a short-term loan of $5,959 as of June 30, 2014.