XML 33 R23.htm IDEA: XBRL DOCUMENT v3.7.0.1
Notes Payable (Details Narrative) - USD ($)
3 Months Ended 9 Months Ended
Mar. 31, 2017
Mar. 31, 2017
Jun. 30, 2016
Minimum period   1 year 3 months  
Thereafter   5 years 6 months  
Borkwood Development Ltd [Member]      
Notes payable $ 650,000 $ 650,000  
Interest on note payable 5.00% 5.00%  
Balance of notes payable $ 127,029 $ 127,029 $ 127,029
Notes payable description The Company has the right to prepay the note at any time with a notice of 14 days. To secure the payment of principal and interest the Sellers will receive a perfect lien and security interest in the Shares in the company ANV until the note with accrued interest is paid in full, and, 2) In the case that the Note has not been repaid within 12 months from the day of closing the Sellers have the right to convert the debt to common stock of Advanced Oxygen Technologies, Inc. in an amount of non diluted shares calculated on the conversion Date, equal to the lesser of : a) Six hundred and Fifty thousand (650,000) or the Purchase Price minus the principal payments made by the buyer, whichever is greater, divided by the previous ten day closing price of AOXY as quoted on the national exchange, or b) Fifteen million shares, whichever is lesser.    
Note A [Member]      
Interest on note payable 7.00% 7.00%  
Principal payments $ 7,256 $ 7,256  
Interest payments 992 992  
Balance of notes payable 12,357 12,357  
Note A [Member] | Danish Krone (KR)      
Notes payable $ 800,000 $ 800,000  
Note B [Member]      
Interest on note payable 2.00% 2.00%  
Principal payments $ 11,714 $ 11,714  
Interest payments 4,029 4,029  
Balance of notes payable 111,542 111,542  
Note B [Member] | Danish Krone (KR)      
Notes payable 1,132,000 1,132,000  
Minimum [Member]      
Yearly bank payments 31,796 31,796  
Thereafter [Member]      
Yearly bank payments $ 20,892 $ 20,892