Note 11 - Subsequent Events

6 Months Ended

Dec. 31, 2015

11.	SUBSEQUENT EVENTS:

The Company has evaluated events that occurred subsequent to December 31, 2015 for recognition and disclosure in the financial statements and notes to the financial statements.

From January 1, 2016 through February 4, 2016, the Company has issued 5,031 shares of the Company’s common shares to an employee and a consultant valued at approximately $4,500.

From January 1, 2016 through February 4, 2016, the Company has issued 75,000 shares of the Company’s common shares to Smith per the terms of his extension agreement.

From January 1, 2016 through February 4, 2016, the Company has sold 31,250 units of the Company’s restricted securities for $0.80 each, with each unit consisting of one share of the Company’s restricted common stock and one warrant to purchase one half of a share of the Company’s restricted common stock for $1.10 per share until June 30, 2017. The proceeds from the sale of the units totaled $25,000.