ACCOUNTS PAYABLE AND ACCRUED EXPENSES

6 Months Ended

Dec. 31, 2015

Payables and Accruals [Abstract]

ACCOUNTS PAYABLE AND ACCRUED EXPENSES

NOTE 5 – ACCOUNTS PAYABLE AND ACCRUED EXPENSES

As of December 31, 2015 and June 30, 2015, accounts payable and accrued expenses are comprised of the following:

	December 31, 2015		June 30, 2015
Trade payables	$	185,282	$	188,308
Accrued officer wages and directors fees		313,502		152,714
Accrued interest		51,371		10,612
Other accrued expenses		16,867		201,911
Other payables		-		3,563
Total accounts payable and accrued expenses	$	567,022	$	557,108