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Commitments and Contingencies (Tables)
9 Months Ended
Mar. 31, 2016
Commitments And Contingencies Tables  
Summary of commitments and contingencies

The value of the note reflect the currency adjustments. The table below summarizes the company's commitments going forward.

 

Advanced Oxygen Technologies, Inc.
Commitments and Contingencies for the year Ending June 30, 2016

 

Year     Bank Note "A"
Amount in DKK
    Bank Note "A" Amount
converted to $US Dollars at currency exchange rate at June 30, 2015
    Bank Note "B"
Amount in DKK
    Bank Note "B" Amount
converted to $US Dollars at currency exchange rate at June 30, 2015
    Borkwood Note Amount
in $US Dollars
    Total *  
2016     DKK 75,000     $ 11,213     DKK 149,797     $ 22,397     $ 127,029     $ 160,639  
2017     DKK 75,000     $ 11,213     DKK 149,797     $ 22,397             $ 33,610  
2018       -       -     DKK 149,797     $ 22,397             $ 33,610  
2019       -       -     DKK 149,797     $ 22,397             $ 33,610  
2020       -       -     DKK 149,797     $ 22,397             $ 33,610  
2021       -       -     DKK 149,797     $ 22,397             $ 33,610  
2022       -       -     DKK 149,797     $ 22,397             $ 33,610  
2023       -       -     DKK 149,797     $ 22,397             $ 33,610  
2024       -       -     DKK 149,797     $ 22,397             $ 33,610  
  -       -       -       -       -       -     $ 429,519  
                                                     

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* The amounts stated in this table reflect the Company's commitments in the currencies that those commitments were made and the total column is an estimate of what the US dollar amount would be if the currency rates did not change going forward.