Quarterly report pursuant to Section 13 or 15(d)

Due to Directors - Related Parties

v3.7.0.1
Due to Directors - Related Parties
9 Months Ended
Mar. 31, 2017
Due to Related Parties [Abstract]  
Due to Directors - Related Parties

NOTE 3 – DUE TO DIRECTORS - RELATED PARTIES

 

Due to directors - related parties represents unsecured advances made primarily by a former director for operating expenses on behalf of the Company such as intellectual property and formation expenses. The expenses were paid for on behalf of the Company and are due upon demand. The Company is currently not being charged interest under these advances. The total amount owed the former director at March 31, 2017 and June 30, 2016 is $35,030 and $33,943, respectively.