Quarterly report pursuant to Section 13 or 15(d)

Inventories

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Inventories
 6 Months Ended
Dec. 31, 2016
Inventories [Abstract]  
Inventories
5. Inventories ● Inventory consists of the following at December 31th 2016 and June 30th 2016,

 

      December 31,
2016		     June 30,
2016		  
  Finished Goods   $ 101,906     $ 113,517  
  Packaging     8,189       8,189  
  TOTAL   $ 110,095     $ 121,706  

 

      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.