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3. CAPITAL LEASE OBLIGATION (Sept. 2017 Note)
3 Months Ended
Sep. 30, 2017
Debt Disclosure [Abstract]  
CAPITAL LEASE OBLIGATION

The Company entered into a five-year capital lease obligation in January 2016 for the acquisition of manufacturing equipment totaling $51,252. At September 30, 2017, future minimum lease payments under the capital lease obligation are as follows:

 

Fiscal Year Ending June 30:   Amount 
 2018   $7,688 
 2019    10,250 
 2020    10,250 
 2021    5,126 
 Total minimum payments    33,314 
 Less: amount representing interest    3,405 
 Present value of minimum lease payments    29,909 
 Less: current portion    8,531 
     $21,378