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Loans payable - related parties
6 Months Ended
Dec. 31, 2018
Related Party Transactions [Abstract]  
Loans payable - related parties
14. Loan payable – related parties

 

On July 7, 2016, SWC received a loan from an employee. The amount of the loan bore no interest and amortized on a monthly basis over the life of the loan. As of December 31, 2018 and June 30, 2018, the balance of the loan were $30,000 and $30,000, respectively.

  

From time to time, SWC would receive short-term loans from company former director for its working capital needs.

 

As of December 31, 2018 and June 30, 2018, the Company had outstanding balance of $25,634 and $0, respectively.

 

As of December 31, 2018 and June 30, 2018, the total loan payable to related party was $55,634 and $30,000, respectively.