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Related Party Transactions
12 Months Ended
Jun. 30, 2016
Related Party Transactions  
Related Party Transactions

12. Related party transactions

 

On June 30, 2016, the Company granted a CEO, Jimmy Chan, 5,000,000 restricted shares in lieu of salary.

 

On June 30, 2016, the Company granted Director, Waylon Huang, 3,000,000 restricted shares in lieu of salary.

 

On June 30, 2016, the Company granted Director, Richard Ko, 3,000,000 restricted shares in lieu of salary. At June 30, 2016, the Company had outstanding balance of $264,449 borrowed from LMK Capital., LLC a company affiliated with CEO Chan. In addition, Mr. Richard Ko, a Director is owed $30,000. These borrowings have no interest, and were payable upon demand.