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CONSOLIDATED BALANCE SHEETS
Dec. 31, 2015
USD ($)
Jun. 30, 2015
USD ($)
CURRENT ASSETS    
Cash $ 326,297 $ 77,045
Other current assets 36,084 6,164
TOTAL CURRENT ASSETS 362,381 83,209
NON-CURRENT ASSETS    
Intangible assets, net (TA-270) 288,930 319,098
Goodwill (HI-164OV) 413,651 434,000
TOTAL NON-CURRENT ASSETS 702,581 753,098
TOTAL ASSETS 1,064,962 836,307
CURRENT LIABILITIES    
Accounts payable and accrued expenses 567,022 557,108
Current portion of long-term debt, net of debt discount of $0 and $22,065, respectively 350,000 277,935
Shareholder loan 14,596 16,190
TOTAL CURRENT LIABILITIES 931,618 851,233
NON-CURRENT LIABILITIES    
Long-term debt, net of current portion 341,564 358,366
TOTAL NON-CURRENT LIABILITIES 341,564 358,366
TOTAL LIABILITIES 1,273,182 1,209,599
STOCKHOLDERS' DEFICIT    
Preferred stock ($.0001 par value, 5,000,000 shares authorized; none issued and outstanding) 0 0
Common stock ($.0001 par value, 100,000,000 shares authorized, 9,881,211 and 9,561,211 shares issued and outstanding respectively) 9,881 9,561
Additional paid-in capital 4,215,243 4,206,883
Other accumulated comprehensive income 280,282 282,229
Accumulated deficit (4,713,626) (4,871,965)
TOTAL STOCKHOLDERS' DEFICIT (208,220) (373,292)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT $ 1,064,962 $ 836,307