XML 42 R40.htm IDEA: XBRL DOCUMENT v3.2.0.727
DESCRIPTION OF BUSINESS AND ACQUISITION OF REPOSITRAK, INC. (Details Narrative) - USD ($)
1 Months Ended 12 Months Ended
Apr. 15, 2015
Jan. 26, 2015
Jun. 30, 2015
Feb. 04, 2015
Jun. 30, 2014
Incorporated state     State of Nevada    
Subscription and management fees     $ 2,330,700    
Subscription and management fees paid by issuance of promissory notes     1,200,000    
Cash acquired     $ 22,119    
Sale of common stock 572,500 94,932      
Sale of common stock, price per share $ 12.50 $ 9.48      
Proceeds from offering $ 6,700,000 $ 900,000      
Shares authorized     30,000,000   30,000,000
Warrants issued   23,737      
Warrant exercise price   $ 10.00      
Series B-1 Preferred [Member]          
Shares authorized     300,000    
Series B-1 Preferred [Member] | Cash Distribution [Member]          
Dividend rate     7.00%    
Series B-1 Preferred [Member] | Stock Distribution [Member]          
Dividend rate     9.00%    
Series B Preferred [Member]          
Shares authorized     700,000 900,000 600,000
Series B Preferred [Member] | Cash Distribution [Member]          
Dividend rate     7.00%    
Series B Preferred [Member] | Stock Distribution [Member]          
Dividend rate     9.00%    
ReposiTrak [Member]          
Incorporated state     Utah    
Ownership interest by parent     100.00%    
Total consideration paid     $ 10,871,897    
Transaction costs     50,000    
Cash acquired     31,119    
Net acquisition cost     $ 10,840,778    
Shares issued for acquisition     873,438    
PC Group Inc. [Member]          
Incorporated state     Utah    
Ownership interest by parent     98.76%    
Park City Group Inc. [Member]          
Incorporated state     Delaware    
Ownership interest by parent     100.00%