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Loans payable	3 Months Ended
Sep. 30, 2016
Notes to Financial Statements
Loans payable	*13. Loans payable* On March 1, 2012, SWC entered an equipment loan agreement with a bank with maturity on January 1, 2017. The monthly payment is $435. At September 30, 2016, the outstanding balance under this loan was $1,777. On July 1, 2012, SWC entered an equipment loan agreement with a bank with maturity on June 1, 2017. The monthly payment is $255. At September 30, 2016, the outstanding balance under this loan was $2,393. On March 5, 2013, the company entered an equipment loan agreement with Toyota financial services with maturity date of April 4, 2018. As of September 30, 2016 the balance under this loan is $9,155. At September 30, 2016, the Company had outstanding balance of $276,013 borrowed from LMK Capital., LLC a company affiliated with CEO Chan. On January 5, 2016, the Company received a loan for $100,000 from an investor. The note bears 0% annual interest and is due on December 31, 2017. As of September 30, 2016 the balance under this loan is $90,000. On July 9, 2016, the Company entered into loan agreements for $150,000. Under the terms of the agreements the Company will make 6 months principal and interest payments. The loan bear a fixed interest of $30,000. As of September 30, 2016 the balance under this loan is $105,763. On September 26, 2016, the Company entered into loan agreements for $12,500 and $100,000. Under the terms of the agreements the Company will make 52 weekly principal and interest payments totaling $25,000 and $140,000 for the loans, respectively, beginning on October 31, 2016 and November 2, 2016, respectively.

Loans payable

3 Months Ended

Sep. 30, 2016

13. Loans payable

On March 1, 2012, SWC entered an equipment loan agreement with a bank with maturity on January 1, 2017. The monthly payment is $435. At September 30, 2016, the outstanding balance under this loan was $1,777.

On July 1, 2012, SWC entered an equipment loan agreement with a bank with maturity on June 1, 2017. The monthly payment is $255. At September 30, 2016, the outstanding balance under this loan was $2,393.

On March 5, 2013, the company entered an equipment loan agreement with Toyota financial services with maturity date of April 4, 2018. As of September 30, 2016 the balance under this loan is $9,155.

At September 30, 2016, the Company had outstanding balance of $276,013 borrowed from LMK Capital., LLC a company affiliated with CEO Chan.

On January 5, 2016, the Company received a loan for $100,000 from an investor. The note bears 0% annual interest and is due on December 31, 2017. As of September 30, 2016 the balance under this loan is $90,000.

On July 9, 2016, the Company entered into loan agreements for $150,000. Under the terms of the agreements the Company will make 6 months principal and interest payments. The loan bear a fixed interest of $30,000. As of September 30, 2016 the balance under this loan is $105,763.

On September 26, 2016, the Company entered into loan agreements for $12,500 and $100,000. Under the terms of the agreements the Company will make 52 weekly principal and interest payments totaling $25,000 and $140,000 for the loans, respectively, beginning on October 31, 2016 and November 2, 2016, respectively.