CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
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9 Months Ended | |
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Mar. 31, 2015
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Mar. 31, 2014
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CASH FLOWS FROM OPERATING ACTIVITIES: | ||
Net loss | $ (1,586,167)us-gaap_NetIncomeLoss | $ (611,977)us-gaap_NetIncomeLoss |
Adjustments to Reconcile Net Loss to Net Cash Used in Operating Activities: | ||
Issuance of common stock for services and voluntary ratchet | 199,727us-gaap_IssuanceOfStockAndWarrantsForServicesOrClaims | 237,833us-gaap_IssuanceOfStockAndWarrantsForServicesOrClaims |
Issuance of preferred stock for services | 1,067ppch_IssuanceOfPreferredStockForServices | 0ppch_IssuanceOfPreferredStockForServices |
Gain on settlement | (366,341)us-gaap_GainLossOnRepurchaseOfDebtInstrument | 0us-gaap_GainLossOnRepurchaseOfDebtInstrument |
Settlement fees paid in the form of debt | 150,000ppch_SettlementFeesPaidInFormOfDebt | 0ppch_SettlementFeesPaidInFormOfDebt |
Amortization of prepaid shares issued for services | 0ppch_AmortizationOfPrepaidSharesIssuedForServices | 6,667ppch_AmortizationOfPrepaidSharesIssuedForServices |
Foreign currency transaction loss | 77,661us-gaap_ForeignCurrencyTransactionGainLossUnrealized | 0us-gaap_ForeignCurrencyTransactionGainLossUnrealized |
Depreciation expense | 18us-gaap_Depreciation | 538us-gaap_Depreciation |
Amortization of debt discount | 167,535us-gaap_AmortizationOfDebtDiscountPremium | 30,434us-gaap_AmortizationOfDebtDiscountPremium |
Change in fair value of derivative liability | (79,940)us-gaap_DerivativeGainLossOnDerivativeNet | (27,016)us-gaap_DerivativeGainLossOnDerivativeNet |
Accretion of put premium | 598,103us-gaap_AccretionAmortizationOfDiscountsAndPremiumsInvestments | 0us-gaap_AccretionAmortizationOfDiscountsAndPremiumsInvestments |
Changes in Assets and Liabilities: | ||
GST receivable | (5,560)us-gaap_IncreaseDecreaseInReceivables | 0us-gaap_IncreaseDecreaseInReceivables |
Prepaid expenses and other assets | 20,644us-gaap_IncreaseDecreaseInPrepaidExpensesOther | 1,224us-gaap_IncreaseDecreaseInPrepaidExpensesOther |
Accounts payable | 5,322us-gaap_IncreaseDecreaseInAccountsPayable | 83,789us-gaap_IncreaseDecreaseInAccountsPayable |
Employee benefit liability | 17,531us-gaap_IncreaseDecreaseInEmployeeRelatedLiabilities | 8,725us-gaap_IncreaseDecreaseInEmployeeRelatedLiabilities |
Accrued expenses | 87,818us-gaap_IncreaseDecreaseInOtherAccruedLiabilities | 122,728us-gaap_IncreaseDecreaseInOtherAccruedLiabilities |
Accrued interest | 15,041us-gaap_IncreaseDecreaseInInterestPayableNet | 9,388us-gaap_IncreaseDecreaseInInterestPayableNet |
NET CASH USED IN OPERATING ACTIVITIES | (697,541)us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations | (137,667)us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations |
CASH FLOWS FROM INVESTING ACTIVITIES: | ||
Purchase of equipment | (918)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment | 0us-gaap_PaymentsToAcquirePropertyPlantAndEquipment |
NET CASH USED IN INVESTING ACTIVITIES | (918)us-gaap_NetCashProvidedByUsedInInvestingActivities | 0us-gaap_NetCashProvidedByUsedInInvestingActivities |
CASH FLOWS FROM FINANCING ACTIVITIES: | ||
Bank overdraft | 0us-gaap_ProceedsFromRepaymentsOfBankOverdrafts | (5)us-gaap_ProceedsFromRepaymentsOfBankOverdrafts |
Related party expenses paid on behalf of company | 0ppch_RelatedPartyExpensesPaidOnBehalfOfCompany | 67,760ppch_RelatedPartyExpensesPaidOnBehalfOfCompany |
Loan repayments to principal stockholder | (20,000)us-gaap_PaymentsForLoans | (45,511)us-gaap_PaymentsForLoans |
Proceeds from convertible promissory notes | 675,500us-gaap_ProceedsFromConvertibleDebt | 103,959us-gaap_ProceedsFromConvertibleDebt |
Proceeds from issuance of common stock for cash | 29,000us-gaap_ProceedsFromIssuanceOfCommonStock | 0us-gaap_ProceedsFromIssuanceOfCommonStock |
Loan proceeds | 0us-gaap_ProceedsFromLoans | 10,542us-gaap_ProceedsFromLoans |
NET CASH PROVIDED BY FINANCING ACTIVITIES | 684,500us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations | 136,745us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations |
Effect of exchange rate changes on cash | 94,508us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents | 962us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents |
NET INCREASE IN CASH | 80,549us-gaap_CashPeriodIncreaseDecrease | 40us-gaap_CashPeriodIncreaseDecrease |
CASH AT BEGINNING OF PERIOD | 87,799us-gaap_Cash | 0us-gaap_Cash |
CASH AT END OF PERIOD | 168,348us-gaap_Cash | 40us-gaap_Cash |
Cash paid during the period: | ||
Interest | 0us-gaap_InterestPaid | 0us-gaap_InterestPaid |
Income Tax | 0us-gaap_IncomeTaxesPaid | 0us-gaap_IncomeTaxesPaid |
Supplemental Disclosure of Non-Cash Investing and Financing Activities | ||
Common stock issued for settlement of debt | 152,285us-gaap_DebtConversionConvertedInstrumentAmount1 | 0us-gaap_DebtConversionConvertedInstrumentAmount1 |
Prepaid common stock issued for services | 134,373ppch_PrepaidCommonStockIssuedForServices | 6,667ppch_PrepaidCommonStockIssuedForServices |
Reduction of put premium related to conversions of convertible note | 37,032us-gaap_ConversionOfStockAmountConverted1 | 0us-gaap_ConversionOfStockAmountConverted1 |
Conversion of accrued expenses to common stock | 0ppch_ConversionOfAccruedExpensesToCommonStock | 27,500ppch_ConversionOfAccruedExpensesToCommonStock |
Conversion of convertible notes and accrued interest to common stock | 206,940ppch_ConversionOfConvertibleNotesAndAccruedInterestToCommonStock | 0ppch_ConversionOfConvertibleNotesAndAccruedInterestToCommonStock |
Discounts related to warrants issued with convertible debenture | 0ppch_DiscountsRelatedToWarrantsIssuedWithConvertibleDebenture | 133,095ppch_DiscountsRelatedToWarrantsIssuedWithConvertibleDebenture |
Discounts related to lender costs | 48,500ppch_DiscountsRelatedToLenderCosts | 0ppch_DiscountsRelatedToLenderCosts |
Loan One [Member] | ||
Supplemental Disclosure of Non-Cash Investing and Financing Activities | ||
Conversion of loan payable to common stock |
0ppch_ConversionOfLoanPayableToCommonStock / us-gaap_ShortTermDebtTypeAxis = ppch_LoanOneMember |
27,963ppch_ConversionOfLoanPayableToCommonStock / us-gaap_ShortTermDebtTypeAxis = ppch_LoanOneMember |
Loan Two [Member] | ||
Supplemental Disclosure of Non-Cash Investing and Financing Activities | ||
Conversion of loan payable to common stock |
$ 66,389ppch_ConversionOfLoanPayableToCommonStock / us-gaap_ShortTermDebtTypeAxis = ppch_LoanTwoMember |
$ 0ppch_ConversionOfLoanPayableToCommonStock / us-gaap_ShortTermDebtTypeAxis = ppch_LoanTwoMember |
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The aggregate amount of amortization of prepaid shares issued for services during the period. No definition available.
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The value of the financial instrument(s) that the accrued expenses is being converted into common stock in a noncash (or part noncash) transaction. No definition available.
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The value of the financial instrument(s) that the convertible notes and accrued interest is being converted into common stock in a noncash (or part noncash) transaction. No definition available.
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Amount represent Conversion of loan payable to common stock. No definition available.
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The Discounts related to lender costs in a noncash (or part noncash) transaction. No definition available.
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The discounts related to warrants issued with convertible debenture in a noncash (or part noncash) transaction. No definition available.
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Fair value of preferred stock granted to nonemployees as payment for services rendered. No definition available.
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The prepaid common stock issued for services in a noncash (or part noncash) transaction. No definition available.
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Related party expenses paid on behalf of company during the period. No definition available.
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The settlement fees paid in the form of debt during the period. No definition available.
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The sum of the periodic adjustments of the differences between securities' face values and purchase prices that are charged against earnings. This is called accretion if the security was purchased at a discount and amortization if it was purchased at premium. As a noncash item, this element is an adjustment to net income when calculating cash provided by or used in operations using the indirect method. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of noncash expense included in interest expense to amortize debt discount and premium associated with the related debt instruments. Excludes amortization of financing costs. Alternate captions include noncash interest expense. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Excludes cash and cash equivalents within disposal group and discontinued operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of increase (decrease) in cash. Cash is the amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Includes effect from exchange rate changes. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The value of the stock converted in a noncash (or part noncash) transaction. Noncash is defined as transactions during a period that do not result in cash receipts or cash payments in the period. "Part noncash" refers to that portion of the transaction not resulting in cash receipts or cash payments in the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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The value of the financial instrument(s) that the original debt is being converted into in a noncash (or part noncash) transaction. "Part noncash" refers to that portion of the transaction not resulting in cash receipts or cash payments in the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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The amount of expense recognized in the current period that reflects the allocation of the cost of tangible assets over the assets' useful lives. Includes production and non-production related depreciation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of increase (decrease) in the fair value of derivatives recognized in the income statement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of increase (decrease) from the effect of exchange rate changes on cash and cash equivalent balances held in foreign currencies. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Amount before tax of foreign currency transaction unrealized gain (loss) recognized in the income statement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of gain (loss) from the difference between the repurchase price of a debt instrument initially issued by the entity and the net carrying amount of the debt at the time of its repurchase. No definition available.
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The amount of cash paid during the current period to foreign, federal, state, and local authorities as taxes on income. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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The increase (decrease) during the reporting period in the aggregate amount of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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The increase (decrease) during the reporting period in the aggregate amount of obligations related to services received from employees, such as accrued salaries and bonuses, payroll taxes and fringe benefits. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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The increase (decrease) during the reporting period in interest payable, which represents the amount owed to note holders, bond holders, and other parties for interest earned on loans or credit extended to the reporting entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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The increase (decrease) during the reporting period in other expenses incurred but not yet paid. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of increase (decrease) of consideration paid in advance for other costs that provide economic benefits in future periods. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The increase (decrease) during the reporting period in the total amount due within one year (or one operating cycle) from all parties, associated with underlying transactions that are classified as operating activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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The amount of cash paid for interest during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Fair value of share-based compensation granted to nonemployees as payment for services rendered or acknowledged claims. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Amount of cash inflow (outflow) of financing activities, excluding discontinued operations. Financing activity cash flows include obtaining resources from owners and providing them with a return on, and a return of, their investment; borrowing money and repaying amounts borrowed, or settling the obligation; and obtaining and paying for other resources obtained from creditors on long-term credit. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Amount of cash inflow (outflow) from investing activities, including discontinued operations. Investing activity cash flows include making and collecting loans and acquiring and disposing of debt or equity instruments and property, plant, and equipment and other productive assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Amount of cash inflow (outflow) from operating activities, excluding discontinued operations. Operating activity cash flows include transactions, adjustments, and changes in value not defined as investing or financing activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Cash payments for and related to principal collection on loans related to operating activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The cash outflow associated with the acquisition of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale; includes cash outflows to pay for construction of self-constructed assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The cash inflow from the issuance of a long-term debt instrument which can be exchanged for a specified amount of another security, typically the entity's common stock, at the option of the issuer or the holder. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The cash inflow from the additional capital contribution to the entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Cash received from principal payments made on loans related to operating activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The net cash inflow or outflow from the excess drawing from an existing cash balance, which will be honored by the bank but reflected as a loan to the drawer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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