L. Related Party Transactions

3 Months Ended

Sep. 30, 2016

Related Party Transactions [Abstract]

Related Party Transactions

At September 30, 2016 and June 30, 2016, the Company had a note due from American Citizenship Center, LLC (“ACC”), a related party, with a gross balance of $295,400 which has been fully reserved. During the current quarter, the Company billed ACC a total of approximately $7,100 for interest of which $2,300 is unpaid at September 30, 2016.

At September 30, 2016 and June 30, 2016, the Company had accrued board fees in the total amount of $28,000 and $14,000, respectively.

At September 30, 2016 and June 30, 2016, the Company had accrued deferred compensation of $58,400 payable to John Carlson, the Company’s Chief Executive Officer and a Director of the Company.