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4. PROPERTY AND EQUIPMENT

12 Months Ended

Jun. 30, 2014

Property, Plant and Equipment [Abstract]

Property and equipment consisted of the following as of:

	June 30, 2014			June 30, 2013
Machinery and facility	$	289,664		$	288,487
Office equipment		356,932			351,447
Molds		714,356			617,543
Vehicle		9,843			9,843
Construction-in progress		37,466			13,047
		1,408,261			1,280,367
Less accumulated depreciation		(909,796	)		(649,142	)
Total	$	498,465		$	631,225

Depreciation expense associated with property and equipment was $260,654 and $228,215 for the fiscal years ended June 30, 2014 and 2013, respectively.

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

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