Condensed Consolidated Statements of Cash Flows Supplemental Disclosures (Unaudited) (USD $)
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9 Months Ended | |
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Mar. 31, 2014
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Mar. 31, 2013
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Cash paid during the period for: | ||
Interest | $ 220,928 | $ 317,483 |
Taxes | 245,397 | 23,700 |
NON-CASH INVESTING AND FINANCING ACTIVITIES: | ||
Stock issued for the payment of vendors | 210,060 | |
Stock issued for the conversion of convertible notes payable | $ 3,600,000 |
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- Definition
The amount of cash paid during the current period to foreign, federal, state, and local authorities as taxes on income. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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The amount of cash paid for interest during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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The value of the noncash (or part noncash) consideration given (for example, liability, equity) in a transaction. Noncash is defined as transactions during a period that do not result in cash receipts or cash payments in the period. "Part noncash" refers to that portion of a transaction not resulting in cash receipts or cash payments in the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The gross value of stock issued during the period upon the conversion of convertible securities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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