Annual report pursuant to Section 13 and 15(d)

5. Inventory

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5. Inventory
12 Months Ended
Jun. 30, 2014
Inventory Disclosure [Abstract]  
5. Inventory

5. Inventory

 

· Inventory consists of the following at June 30,

 

   

2014

 

2013

 

Finished Goods $ 47,424 $ -
Deposits on Product   23,000   -
Packaging   1,991   -
TOTAL $ 72,415 $ -

 

 

· Inventories are stated at the lower of cost or market. The company periodically reviews the value of items in inventory and provides write-downs or write-offs of inventory based on its assessment of market conditions and the products relative shelf life. Write-downs and write-offs are charged to loss on inventory write down.