Business Acquisitions (Tables)

9 Months Ended

Mar. 31, 2016

Business Acquisitions Tables

Schedule of Estimated Fair Value of the Consideration Transferred

The acquisition date estimated fair value of the consideration transferred consisted of the following:

Tangible assets acquired	$	417,701
Liabilities assumed		(193,890	)
Net tangible assets		223,811
Goodwill		1,776,189
Total purchase price	$	2,000,000

Schedule of Unaudited Pro Forma Results of Acquisition of Indaba

The following tables set forth the unaudited pro forma results of the Company as if the acquisition of Indaba had taken place on the first day of the periods presented. These combined results are not necessarily indicative of the results that may have been achieved had the companies been combined as of the first day of the periods presented.

	Nine months ended, March 31, 2016			Nine months ended, March 31, 2015
Total revenues	$	2,290,452		$	2,005,595
Net loss		(6,067,177	)		(793,145	)
Basic and diluted net loss per common share	$	(0.06	)	$	(0.00	)