Stockholders' Equity |
9 Months Ended |
|---|---|
Mar. 31, 2016 | |
| Equity [Abstract] | |
| Stockholders' Equity |
NOTE 13 - STOCKHOLDERS’ EQUITY
During the nine months ended March 31, 2016, the Company issued 36,250 shares of common stock for services rendered by officers of the Company. These shares were valued at the fair market value of $197,363.
During the nine months ended March 31, 2016, the Company issued 21,750 shares of common stock for services rendered by the independent members of the Board of Directors as part of their board compensation. These shares were valued at the fair market value of $110,711.
During the nine months ended March 31, 2016, the Company issued 70,750 shares of its common stock to employees pursuant to the terms of their employment agreements valued at $386,619. |
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- References No definition available.
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- Definition The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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