SUBSEQUENT EVENTS
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9 Months Ended | |
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Mar. 31, 2015
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Subsequent Events [Abstract] | ||
SUBSEQUENT EVENTS |
NOTE 11 SUBSEQUENT EVENTS
Management has evaluated events subsequent to March 31, 2015, through the date of this filing with the SEC for transactions and other events that may require adjustment of and/or disclosure in such financial statements. In April 2015, we borrowed an aggregate of $500,000 from Esenjay under our related party credit facilities. Based on these takedowns, the remaining available balance under our three debt facilities with Esenjay is $1,825,000 (See Note 4). |
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- Definition
The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. No definition available.
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