Quarterly report pursuant to Section 13 or 15(d)

Inventories

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Inventories
9 Months Ended
Mar. 31, 2018
Inventories [Abstract]  
Inventories
5. Inventories Inventory consists of the following at March 31,  2018 and June 30 2017,

 

      March 31,
2018
    June 30,
2017
 
  Finished Goods   $ 122,758     $ 87,676  
  Packaging     3,093       8,189  
  TOTAL   $ 125,851     $ 95,865  

 

      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.