NOTE 3 - CAPITAL LEASE

12 Months Ended

Jun. 30, 2016

Leases, Capital [Abstract]

Capital Leases in Financial Statements of Lessee Disclosure [Text Block]

NOTE 3 - CAPITAL LEASE

In July 2015 the Company entered into a capital lease for research and development equipment for $19,337 (which has accumulated depreciation of $3,706).

The following is a schedule by years of future minimum lease payments under capital leases together with present value of the net minimum lease payments as of June 30, 2016:

2017	$	8,697
2018		8,697
2019		739
2020		-
2021		-
Total minimum lease payments		18,133
Less:  executory costs		-
Net minimum lease payments		18,133
Less:  amount representing interest		3,490
Present value of net minimum payments	$	14,643