Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF CASH FLOWS

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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
 12 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2012
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net loss $ (1,144,325) $ (22,713) $ (89,803)
Adjustments to reconcile net loss to net cash used for operations:      
Stock issued for services 1,019,640 0  
(Increase) decrease in accounts receivable 7 (10)  
Decrease in inventory (72,415) 1,665  
(Increase) in other current assets (1,500) 0  
Increase in accounts payable 15,648 6,027  
Increase in accrued expenses 10,910 10,517  
Increase in deferred revenue 457 0  
Net cash used by operating activities (171,577) (4,515)  
CASH FLOWS FROM FINANCING ACTIVITIES:      
Proceeds from the sale of stock 223,000 0  
Short-term borrowings-related party 0 7,750  
Repayment of Short-term debt (3,308) (3,220)  
Net cash provided by financing activities 219,692 4,530  
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 48,115 16  
Cash and cash equivalents, beginning of period 913 897  
Cash and cash equivalents, end of period 49,028 913 897
Interest paid 1,369 1,457  
Taxes paid $ 0 $ 0