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Note 4 - Loans Payable - Affiliates:
12 Months Ended
Jun. 30, 2013
Related Party Transactions [Abstract]  
Related Party Transactions Disclosure [Text Block]

4.     LOANS PAYABLE - AFFILIATES:


As of June 30, 2013, a major shareholder and Dominic Bassani (“Bassani”), the Company’s Chief Executive Officer (“CEO”), have loaned the Company $70,000 and $200,000, respectively, for working capital needs. The loans bear interest at 8% per annum and were payable on August 31, 2013. Interest expense related to the loans payable – affiliates was $6,618 for the year ended June 30, 2013. During August 2013, the loan plus accrued interest, totaling $71,098, was repaid to the major shareholder. The due date of the outstanding loan from Bassani of $200,000 plus accrued interest was extended to September 30, 2013 and effective May 15, 2013 the interest rate was modified from 6% to 8%.