Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Operations

v3.5.0.2
Consolidated Statements of Operations - USD ($)
12 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Income Statement [Abstract]    
Revenues $ 24,918 $ 68,409
Operating expenses    
Cost of product sold 104,712 75,835
Advertising and promotional 110,751 86,200
Selling, general and administrative 73,545 49,169
Professional Fees 454,240 213,701
Total operating expenses 743,247 424,905
Loss from operations (718,329) (356,496)
Other expenses    
Interest expense - bank debt 1,267 743
Interest expense - shareholder 7,000
Interest expense - related party 9,894
Net loss before income taxes (726,596) (367,134)
Provision for income tax
Net loss $ (726,596) $ (367,134)
Basic and diluted net loss per common share $ (0.03) $ (0.01)
Weighted average shares of capital outstanding - basic and diluted 27,524,987 25,558,832