NOTE 10 - COMMITMENTS AND CONTINGENCIES (Details Narrative) (USD $)
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12 Months Ended | 24 Months Ended | |
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Aug. 30, 2013
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Jan. 01, 2014
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Jun. 30, 2013
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Commitments and Contingencies Disclosure [Abstract] | |||
Base salary - president | $ 175,000 | ||
Annual increase rate | 0.10 | ||
Car allowance per month | 500 | ||
Anual bonus rate | 2.50% | ||
Additional bonus 1 | 75,000 | ||
Pre-Tax income increase rate - minimum | 150.00% | ||
Pre-Tax income increase rate - maximum | $ 2 | ||
Additional bunus | 100,000 | ||
Pre-Tax income increase rate - minimum | 201.00% | ||
Pre-Tax income increase rate - maximum | 250.00% | ||
Additional bonus 3 | 200,000 | ||
Pre-Tax income increase rate - minimum | 251.00% | ||
Additional bonus to pre-tax income - maximum | 5.00% | ||
Life insurance premiums | 10,000 | ||
Options granted | 4,500,000 | ||
Options exercise price | $ 0 | ||
Death benefit | 2,000,000 | ||
Times of base amount upon change of control | 2.99 | ||
Salary balance due | 117,926 | ||
Monthly consulting payment | $ 5,000 |
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