Quarterly report pursuant to Section 13 or 15(d)

5. Inventory

5. Inventory

6 Months Ended

Dec. 31, 2014

5. Inventory

Inventory consists of the following at December 31, 2014 and June 30, 2014:

		December 31, 2014	June 30, 2014
Finished Goods	$	55,145	$	47,424
Deposits on Product		12,113		1,991
Packaging		49		23,000
TOTAL	$	67,307	$	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.