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4. PROPERTY AND EQUIPMENT

9 Months Ended

Mar. 31, 2015

Property, Plant and Equipment [Abstract]

Property and equipment consisted of the following as of:

	March 31, 2015			June 30, 2014
Machinery and facility	$	289,665		$	289,664
Office equipment		365,250			356,932
Molds		747,690			714,356
Vehicle		9,843			9,843
Construction in progress		30,045			37,466
		1,442,493			1,408,261
Less accumulated depreciation		(1,089,999	)		(909,796	)
Total	$	352,494		$	498,465

Depreciation expense associated with property and equipment was $58,885 and $61,636 for the three months ended March 31, 2015 and 2014, respectively, and $180,203 and $188,246 for the nine months ended March 31, 2015 and 2014, respectively.

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

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