Quarterly report pursuant to Section 13 or 15(d)

Accounts Payable and Accrued Expenses

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Accounts Payable and Accrued Expenses
 6 Months Ended
Dec. 31, 2015
Payables and Accruals [Abstract]  
Accounts Payable and Accrued Expenses

NOTE 10 – ACCOUNTS PAYABLE AND ACCRUED EXPENSES

 

Accounts payable and accrued expenses consisted of the following:

 

    As of     As of  
    December 31, 2015     June 30, 2015  
             
Accounts Payable   $ 1,346,547     $ 1,514,841  
Accrued Liabilities     4,006,593       3,978,435  
Accrued Payroll     9,682       8,974  
Accrued Payroll Taxes     250,040       282,572  
Interest Payable     32,091       41,556  
Taxes Payable     158,924       22,957  
Other Payable     103,226       103,226  
Total   $ 5,907,103     $ 5,952,561