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Commitments and Contingencies
6 Months Ended
Dec. 31, 2016
Commitments And Contingencies  
Commitments and Contingencies

16. Commitments and contingencies

 

On April 1, 2015, the Company entered into a lease for general office and warehouse in City of Industry, California with a lease term of one year. The Company renewed the lease to March 31, 2017. Monthly rent was $11,884 up to March 31, 2016, and increased to $13,238 from April 1, 2016 to March 31, 2017. Monthly rent increased to $13,238 from April 1, 2016 to March 31, 2017. 

 

Future minimum annual rental payments required under operating leases as of December 31, 2016 were as below (by year):

 

2016  $39,714 
Total  $39,714