General form of registration statement for all companies including face-amount certificate companies

Accounts payable and accrued expenses

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Accounts payable and accrued expenses
 9 Months Ended 12 Months Ended
Mar. 31, 2017
Jun. 30, 2016
Payables and Accruals [Abstract]    
Accounts payable and accrued expenses

Note 6. Accounts payable and accrued expenses

 

Accounts payable and accrued expenses consisted of the following at March 31, 2017 and June 30, 2016: 

 

    March 31, 2017     June 30, 2016  
Accounts payable   $ 146,217     $ 73,400  
Accrued salaries and benefits     107,071       21,376  
Accrued bonuses     334,228       126,575  
Accrued stock-based compensation     567,669       179,079  
Other accrued expenses     116,609       143,216  
Totals   $ 1,271,794     $ 543,646  

Note 6. Accounts payable and accrued expenses

 

Accounts payable and accrued expenses consisted of the following at June 30, 2016, June 30, 2015, March 31, 2016 and March 31, 2015: 

 

    June 30,
2016		     June 30,
2015		     March 31,
2016		     March 31,
2015		  
Accounts payable   $ 73,400     $ 20,454     $ 49,011     $ 157  
Accrued salaries and benefits     21,376       44,365       43,323       -  
Accrued bonuses     126,575       -       93,141       -  
Accrued stock-based compensation     179,079       33,063       106,902       5,857  
Other accrued expenses     143,216       24,632       74,913       52,425  
Totals   $ 543,646     $ 122,514     $ 367,290     $ 58,439