Quarterly report pursuant to Section 13 or 15(d)

Inventories

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Inventories
3 Months Ended
Sep. 30, 2015
Inventory [Abstract]  
Inventories
5. Inventories

Inventory consists of the following at September 30th and June 30th 2015,

 

      September 30,
2015
  June 30,
2015
  Finished Goods    $ 17,878     $ 35,273  
  Packaging     -       11,662  
  TOTAL   $ 17,878     $ 46,936  

 

      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.