CONDENSED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
|
9 Months Ended |
Mar. 31, 2018 |
Mar. 31, 2017 |
| Cash Flows from Operating Activities: |
|
|
| Net loss |
$ (60,941)
|
$ (53,033)
|
| Adjustment to reconcile net cash used in operating activities |
|
|
| Share-Based Compensation - Options |
500
|
|
| Depreciation |
415
|
415
|
| Imputed interest expense on related party notes |
|
11,082
|
| Warrants issued for services |
16,000
|
|
| Changes in operating assets and liabilities |
|
|
| Decrease in accounts payable & accrued expenses |
(28,402)
|
(11,816)
|
| (Increase) decrease in pre-paid expenses & deposits |
(2,728)
|
67,324
|
| Net Cash Provided (Used) in Operating Activities |
(75,156)
|
13,972
|
| Cash Flows from Investing Activities: |
|
|
| Net Cash Provided by Investing Activities |
|
|
| Cash Flows from Financing Activities: |
|
|
| Proceeds from related party loan |
70,000
|
|
| Net Cash Provided by Financing Activities |
70,000
|
|
| Increase (Decrease) in Cash |
(5,156)
|
13,972
|
| Cash and Cash Equivalents, Beginning of Period |
59,529
|
50,149
|
| Cash and Cash Equivalents, End of Period |
54,373
|
64,121
|
| Interest Paid |
|
|
| Income Taxes Paid |
|
|
| Supplemental Disclosure of Non-Cash Transactions: |
|
|
| Conversion of advance from affiliates to additional paid in capital |
|
|