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Subsequent Events
9 Months Ended
Mar. 31, 2012
Subsequent Events:  
Subsequent Events

10.  Subsequent Events

 

Subsequent to March 31, 2012, the Company has accepted subscriptions for 133,333 shares of common stock at $0.15 per share.

 

On April 12, 2012, the Company entered into a joint marketing agreement with a health care provider to acquire customers.  The health care provider will provide a total of $190,000 to fund the advertising program that the Company will initiate in Arizona.  Net revenues collected from customers the Company signs up for services under the marketing agreement, shall be split with 51% paid to the Company and 49% paid to the health care provider.  Unless terminated in writing 30 days prior to the end of the 36 month term, the Agreement will automatically renew for additional one (1) year terms. The full amount of funds was received subsequent to March 31, 2012 in accordance with the payment terms specified in the agreement.