Principal Financing Arrangements (Tables)

9 Months Ended

Mar. 31, 2017

	March 31, 2017		June 30, 2016

Convertible debt due to various lenders	$	436,715	$	434,715
Less: discount on debt		—		22,472
Total debt, net of discounts	$	436,715	$	412,243

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

+ References

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+ Details

GOLDEN GLOBAL CORP. 10-Q