Quarterly report pursuant to Section 13 or 15(d)

Commitments and Contingencies (Tables)

v3.10.0.1
Commitments and Contingencies (Tables)
6 Months Ended
Dec. 31, 2018
Commitments and Contingencies Disclosure [Abstract]  
Schedule of future maximum penalty under the equivalent

The penalty imposed shall be equivalent to the amount that the sales price of the property exceeds $1,750,000 up to the maximum penalty (“Maximum Penalty”) defined below:

 

    Maximum
Penalty
Year 2, ending March 23, 2019   $ 3,973,333  
Year 3, ending March 23, 2020   $ 1,986,667