Quarterly report pursuant to Section 13 or 15(d)

Inventories

v3.7.0.1
Inventories
9 Months Ended
Mar. 31, 2017
Inventories [Abstract]  
Inventories
5. Inventories Inventory consists of the following at March 31th 2017 and June 30th 2016,

 

      March 31,
2017
    June 30,
2016
 
  Finished Goods   $ 95,372     $ 113,517  
  Packaging     8,189       8,189  
  TOTAL   $ 103,561     $ 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.