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OTHER RECEIVABLES
12 Months Ended
Jun. 30, 2016
Accounting Policies [Abstract]  
OTHER RECEIVABLES

Note B - OTHER RECEIVABLES

 

Other receivables are the result of the Company selling a notification and clearance it held during the fiscal year for $300,000 that was not being utilized (510k Clearance). The remaining receivable will be received in two equal installments, in November 2016 and May 2017.