Related Party Transactions (Details) - USD ($) |
9 Months Ended | 12 Months Ended | |
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Mar. 31, 2015 |
Jun. 30, 2020 |
Jun. 30, 2019 |
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Related Party Transactions (Textual) | |||
Consulting fee (per month) | $ 6,000 | ||
Accrued expense-related party | $ 9,974 | $ 33,974 | |
Related party transaction, description | The Company made bonuses available to Folkson upon the Company hitting certain revenue milestones of $1,000,000 in a quarter and $3,000,000 in a quarter. Achieving those milestones would earn Folkson warrants with a $.50 and $1 strike price which would need to be exercised within 90 days of the respective quarterly or annual filing. | ||
Mr. Folkson [Member] | |||
Related Party Transactions (Textual) | |||
Consulting fee (per month) | $ 6,000 | ||
Accrued expense-related party | $ 72,000 | $ 72,000 |
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- Definition Accruing a consulting fee. No definition available.
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- Definition Related party transactions textual. No definition available.
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- Definition Carrying value as of the balance sheet date of obligations incurred and payable, pertaining to costs that are statutory in nature, are incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered. Examples include taxes, interest, rent and utilities. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition A description of the related party transaction, including transactions to which no amounts or nominal amounts were ascribed and such other information deemed necessary to an understanding of the effects of the transactions on the financial statements. Examples of common related party transactions are, sales, purchases and transfers of realty and personal property, services received or furnished, loans and leases to and from top management and affiliates. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Details
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