Annual report pursuant to Section 13 and 15(d)

4. Accounts Receivable

4. Accounts Receivable
12 Months Ended
Jun. 30, 2014
Accounts Receivable Additional Disclosures [Abstract]  
4. Accounts Receivable

4. Accounts receivable


· The Company’s accounts receivable arise primarily from the sale of the Company’s nutritional bedtime snack bar. On a periodic basis, the Company evaluates each customer account and based on the days outstanding of the receivable, history of past write-offs, collections, and current credit conditions, writes off accounts it considers uncollectible. Invoices are typically due in 60 - 90days. The Company does not accrue interest on past due accounts and the Company does not require collateral. Accounts become past due on an account-by-account basis. Determination that an account is uncollectible is made after all reasonable collection efforts have been exhausted.