Quarterly report pursuant to Section 13 or 15(d)

Inventories

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Inventories
6 Months Ended
Dec. 31, 2018
Inventory Disclosure [Abstract]  
Inventories
5. Inventories Inventory consists of the following at December 31,  2018 and June 30 2018,

 

      December 31,
2018
    June 30,
2018
 
  Finished Goods   $ 43,520     $ 96,116  
  Packaging     53,393       7,093  
  TOTAL   $ 96,913     $ 103,209  

 

      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.