v3.5.0.2

STATEMENTS OF OPERATIONS - USD ($)	12 Months Ended
STATEMENTS OF OPERATIONS - USD ($)	Jun. 30, 2016	Jun. 30, 2015
Revenues:
Operating expenses	$ 145,064	$ 200,409
Operating loss	(145,064)	(200,409)
Interest expense	(17,472)	(91,048)
Net loss	$ (162,536)	$ (291,457)
Loss per share:
Basic and diluted.	$ 0.00	$ 0.00
Weighted average number of shares outstanding:
Basic and diluted	71,159,423	70,448,077

The amount of net income or loss for the period per each share in instances when basic and diluted earnings per share are the same amount and reported as a single line item on the face of the financial statements. Basic earnings per share is the amount of net income or loss for the period per each share of common stock or unit outstanding during the reporting period. Diluted earnings per share includes the amount of net income or loss for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period.

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Amount of the cost of borrowed funds accounted for as interest expense.

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The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

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Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Includes selling, general and administrative expense.

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The net result for the period of deducting operating expenses from operating revenues.

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Average number of shares or units issued and outstanding that are used in calculating basic and diluted earnings per share (EPS).

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