Commitments and Contingencies

6 Months Ended

Dec. 31, 2014

Commitments And Contingencies

Commitments and Contingencies

15. Commitments and contingencies

On April 1, 2010, the Company entered into a lease for general office and warehouse in City of Industry, California with a lease term of three years. The Company renewed the lease to March 31, 2016. Monthly rent was $11,583 up to March 31, 2015. Monthly rent increased to $11,884 from April 1, 2015 to March 31, 2016.

On June 1, 2014, the Company entered into another lease for a warehouse in El Monte, California with a lease term of two years. Monthly rent was $5,250.

On November 1, 2009, the Company entered into a lease for general office and warehouse in City of Industry, California with a lease term of one year and four months. The Company renewed the lease on a month-to-month basis with monthly rent of $2,250 after June 1, 2015.

Future minimum annual rental payments required under operating leases as of December 31, 2014 were as below (by year):

2015	$	230,455
2016		61,902
Total	$	292,357