Annual report pursuant to Section 13 and 15(d)

Inventories

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Inventories
12 Months Ended
Jun. 30, 2015
Inventories [Abstract]  
Inventories
6. Inventories Inventories consists of the following at June 30,

 

        2015       2014  
  Finished Goods    $ 35,273     $ 47,424  
  Packaging     11,662       1,991  
  TOTAL   $ 46,936     $ 49,415  
  Deposits on Product     -       23,000  

 

      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.