Issuances of preferred shares for financing	6 Months Ended
Dec. 31, 2015
Notes to Financial Statements
Issuances of preferred shares for financing	**12. Issuances of preferred shares for financing** On July 30, 2015, the Company completed a series of transactions receiving proceeds of $2,000,000 for sales of Series B Convertible Preferred Stock, par value $0.001 per share (the “Series B Preferred Stock”). The offering was made pursuant to SEC Rule 506 Section 4(2), which provides exemption from registration for transactions, which are not public offerings. The funds received were used for general working capital purposes and to accelerate order deliveries to customers. On July 30, 2015, the Company issued 500,000 of Series B Convertible Preferred Stock for $500,000.

Issuances of preferred shares for financing

6 Months Ended

Dec. 31, 2015

Issuances of preferred shares for financing

12. Issuances of preferred shares for financing

On July 30, 2015, the Company completed a series of transactions receiving proceeds of $2,000,000 for sales of Series B Convertible Preferred Stock, par value $0.001 per share (the “Series B Preferred Stock”). The offering was made pursuant to SEC Rule 506 Section 4(2), which provides exemption from registration for transactions, which are not public offerings. The funds received were used for general working capital purposes and to accelerate order deliveries to customers.

On July 30, 2015, the Company issued 500,000 of Series B Convertible Preferred Stock for $500,000.