LOANS AND NOTES PAYABLE |
3 Months Ended | |
|---|---|---|
Sep. 30, 2016 | ||
| Notes and Loans Payable [Abstract] | ||
| Loans And Notes Payable Disclosure [Text Block] |
NOTE 4 LOANS AND NOTES PAYABLE Loans from Directors and Officer - Related Parties Loans from Directors and Officer at September 30, 2016 and June 30, 2016 were $56,736 and $54,767, respectively. The loans bear no interest and are all past their due date and in default. The Company did not repay any amount on these loans during the three months ended September 30, 2016. Other Loans from Unrelated Parties As of September 30, 2016 and June 30, 2016, other loans from unrelated parties had a balance of $2,300 and $2,220, respectively. The Company did not repay any money toward these loans and a foreign currency transaction loss of $80 was recorded in connection with these loans for the three months ended September 30, 2016. |