XML 63 R21.htm IDEA: XBRL DOCUMENT v2.4.1.9
Subsequent Events
9 Months Ended
Mar. 31, 2015
Subsequent Events [Abstract]  
Subsequent Events
Subsequent Events

Unsecured Demand Loans

On April 20, 2015 and May 5, 2015, Mr. Sillerman made additional Loans to the Company of $1,000 and $500, respectively, bearing interest at the rate of 12% per annum. As discussed in Note 7, Loans Payable, Mr. Sillerman had previously made unsecured demand loans to the Company, which balance was $4,750 as of March 31, 2015. Therefore, the outstanding principal amount of the Loans is $6,250.