Note 8 - Other Assets

9 Months Ended

Mar. 31, 2019

Notes to Financial Statements

Other Assets Disclosure [Text Block]

NOTE 8. OTHER ASSETS

Other Current Assets

Other current assets totaling

$482,851

 as of

March 31, 2019

and

$374,617

as of

June 30, 2018

are comprised of various components as listed below.

	March 31,		June 30,
	201 9		201 8
Prepaid expenses and deposits	$	467,490	$	358,869
Other current assets		15,361		15,748
Total	$	482,851	$	374,617

Restricted Cash

At

March 31, 2019

Gourmet Foods had on deposit

NZ$20,000

(approximately

US$13,609

) securing a lease bond for

one

of its properties. The same amount was posted at

June 30, 2018

and translated to approximately

US$13,536.

The cash securing the bond is restricted from access or withdrawal so long as the bond remains in place.

Long Term Assets

Other long-term assets totaling

$523,607

at

March 31, 2019

and

$532,165

at

June 30, 2018,

were attributed to Wainwright and Original Sprout and consisted of

(i)	$500,000 as of March 31, 2019  and June 30, 2018 representing 10% equity investment in a registered investment adviser accounted for on a cost basis,
(ii)	and $23,607  as of March 31, 2019  and $32,165 as of June 30, 2018 representing deposits and prepayments of rent.