Related Party Transactions (Details Narrative) - USD ($) |
1 Months Ended | ||||
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May. 22, 2015 |
Apr. 30, 2015 |
Mar. 31, 2015 |
Jun. 30, 2014 |
May. 30, 2015 |
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Converted note into shares | $ 10,000 | ||||
Net note investment remaining | $ 645,000 | ||||
Cancellation Common Stock | 9,854,019 | 1.50 | |||
Common stock price per share | $ 1.50 | ||||
Founders and angel investors [Member] | |||||
Capital contribution | $ 530,000 | ||||
Purchased principal amount | $ 200,000 | ||||
Issued convertible notes in exchange for investments | 655,000 | ||||
Legal and audit expenses | $ 35,000 | ||||
CEO [Member] | |||||
Investment in equity financing | 175,000 | ||||
Related party transaction | $ 30,000 | ||||
Related party loan term | 12 months |
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- Definition Issued convertible notes in exchange for investments. No definition available.
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- Definition Net note investment remaining. No definition available.
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- Definition Purchased principal amount. No definition available.
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- Definition Related party loan term. No definition available.
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- Definition The value of the stock converted in a noncash (or part noncash) 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 the 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 price per share of the conversion feature embedded in the debt instrument. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of discretionary contributions made by an employer to a defined contribution plan. No definition available.
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- Definition This element represents the aggregate cost of investments accounted for under the equity method of accounting. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The amount of expense provided in the period for legal costs incurred on or before the balance sheet date pertaining to resolved, pending or threatened litigation, including arbitration and mediation proceedings. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Purchases during the period (excluding transactions that are eliminated in consolidated or combined financial statements) with related party. No definition available.
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- Definition Number of shares of common stock subject to repurchase or cancellation determined by relating the portion of time within a reporting period that these shares have been outstanding to the total time in that period. Common stock subject to repurchase are outstanding common shares that are contingently returnable (that is, subject to recall). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Details
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