Note 7. Related-party Transactions	3 Months Ended
Sep. 30, 2017
Notes
Note 7. Related-party Transactions	NOTE 7. RELATED-PARTY TRANSACTIONS The Company leases office, manufacturing and warehouse facilities in Detroit, Michigan, Hopkins, Minnesota and Northvale, New Jersey from employees/shareholders or entities controlled by shareholders, who were previously principals of businesses acquired by the Company. The combined expenses associated with these related-party transactions totaled approximately $108,000 and $18,000 for the three months ended September 30, 2017 and 2016, respectively. Certain significant shareholders, officers and directors of the Company participated as investors in the private placement of the Company’s Series A Preferred and Series B Preferred. The terms of the offerings were reviewed and approved by the disinterested members of the Company’s Board of Directors who did not invest in the private placement and who do not own any shares of Series A Preferred or Series B Preferred. Pursuant to the Company’s acquisition of Hausmann Industries, Inc. (“Hausmann”) in April 2017, the Company held back approximately $1,044,744 of the purchase price. This obligation to Hausmann is a liability on the Company’s balance sheets as of September 30, 2017 and June 30, 2017. Certain principals of Hausmann are holders of the Company’s Series B Preferred and one of the principals, David Hausmann, is an employee of the Company.

Note 7. Related-party Transactions

3 Months Ended

Sep. 30, 2017

NOTE 7. RELATED-PARTY TRANSACTIONS

The Company leases office, manufacturing and warehouse facilities in Detroit, Michigan, Hopkins, Minnesota and Northvale, New Jersey from employees/shareholders or entities controlled by shareholders, who were previously principals of businesses acquired by the Company. The combined expenses associated with these related-party transactions totaled approximately $108,000 and $18,000 for the three months ended September 30, 2017 and 2016, respectively.

Certain significant shareholders, officers and directors of the Company participated as investors in the private placement of the Company’s Series A Preferred and Series B Preferred. The terms of the offerings were reviewed and approved by the disinterested members of the Company’s Board of Directors who did not invest in the private placement and who do not own any shares of Series A Preferred or Series B Preferred.

Pursuant to the Company’s acquisition of Hausmann Industries, Inc. (“Hausmann”) in April 2017, the Company held back approximately $1,044,744 of the purchase price. This obligation to Hausmann is a liability on the Company’s balance sheets as of September 30, 2017 and June 30, 2017. Certain principals of Hausmann are holders of the Company’s Series B Preferred and one of the principals, David Hausmann, is an employee of the Company.