Annual report pursuant to Section 13 and 15(d)

Inventories

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Inventories
 12 Months Ended
Jun. 30, 2017
Inventories [Abstract]  
Inventories
6. Inventories ● Inventories consists of the following at June 30,

 

      2017     2016  
  Finished Goods   $ 87,676     $ 113,517  
  Packaging     8,189       8,189  
  TOTAL   $ 95,865     $ 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.