Major Customers & Suppliers

12 Months Ended

Jun. 30, 2015

Risks and Uncertainties [Abstract]

Major Customers

11.         Major Customers & Suppliers

During fiscal year 2015 and 2014, the Company had one customer with sales totaling 49 percent of total sales each year.

Accounts receivable at June 30, 2015 and 2014 from that same significant customer accounted for 30 percent and 53 percent, respectively, of total gross accounts receivable.

During fiscal 2015, we had one supplier that accounted for 16 percent of total purchases. Accounts payable due to this same significant supplier represented 36 percent of total accounts payable as of June 30, 2015. We had no suppliers during fiscal 2014 who accounted for more than 10 percent of total purchases.