XML 23 R11.htm IDEA: XBRL DOCUMENT v3.8.0.1
Related Party
12 Months Ended
Jun. 30, 2015
Related Party Transactions [Abstract]  
Related Party
5.   Related Party Transactions

During fiscal 2008, funds were advanced to the Company by a former officer for working capital needs in the amount of $59,938.  The amounts were non-interest bearing, unsecured, with no stated terms for repayment.  Additionally, 800,000 shares of the Company's Common Stock was issued in exchange for a related party note payable in the amount of $26,577.
 
In fiscal 2009, an additional $16,692 was advanced to the Company from related parties and $ 1,470 was repaid. The remaining advances and accrued interest, which totaled $35,372 were forgiven together which resulted in additional paid in capital. There was no gain or loss recorded on this debt forgiveness since it was with a related party.

During the year ended, June 30, 2010, funds were advanced to the Company by an officer for working capital needs in the amount of $59,938.  The amounts are non-interest bearing, unsecured, with no stated terms for repayment.