Note 5 - Shareholders' Deficit	9 Months Ended
Mar. 31, 2018
Notes
Note 5 - Shareholders' Deficit	Note 5 - Shareholders’ Deficit On February 17, 2015, the Company entered into a Securities Purchase Agreement (the “Agreement”) with Lianyungang China, pursuant to which the Company issued 20,000,000 Ordinary Shares of the Company to Lianyungang China at a price of $1.00 per share, for aggregate proceeds equal to $20,000,000. As a result of the transaction, Lianyungang China beneficially owned approximately 95.24% of the Company’s issued and outstanding Ordinary Shares. The shares were be issued to Lianyungang China, a non-US person (as that term is defined in Regulation S of the Securities Act of 1933, as amended (the “Act”)) in accordance with Rule 506 of Regulation D promulgated under the Act, in that the Company did not engage in any general advertisement or general solicitation in connection with the offering of the shares and the Company was available to answer any questions from Lianyungang China. Cash commissions were not paid in connection with the sale of the shares. On June 22, 2015, the Company transferred $20,000,000, representing other intangible assets, to Apollo Subsidiary. On June 26, 2015, the Company entered into a Common Stock Exchange Agreement (the “Exchange Agreement”) with Lianyungang Corporation, a Cayman Islands Exempted Company (“Lianyungang”). Pursuant to the Exchange Agreement, the Company transferred, conveyed and assigned 100% of its equity interest in Apollo Subsidiary to Lianyungang (the “Apollo Subsidiary Transfer”). In exchange for the Apollo Subsidiary Transfer, Lianyungang transferred, conveyed and assigned its 95.26% equity interest in the Company to the Company for cancellation. Upon the closing of the transaction, ACI beneficially owned 78.3% of the Company’s issued and outstanding Ordinary Shares. The Company is authorized to issue 39,062,500 Ordinary Shares, par value of $0.000128 per share. As of March 31, 2018, there were 998,275 shares issued and outstanding. The Company is authorized to issue 781,250 Preference Shares, par value of $0.000128 per share, with such designations, voting and other rights and preferences as may be determined from time to time by the Board of Directors. As of March 31, 2018, there were no Preference Shares issued or outstanding.

Note 5 - Shareholders' Deficit

9 Months Ended

Mar. 31, 2018

Note 5 - Shareholders’ Deficit

On February 17, 2015, the Company entered into a Securities Purchase Agreement (the “Agreement”) with Lianyungang China, pursuant to which the Company issued 20,000,000 Ordinary Shares of the Company to Lianyungang China at a price of $1.00 per share, for aggregate proceeds equal to $20,000,000. As a result of the transaction, Lianyungang China beneficially owned approximately 95.24% of the Company’s issued and outstanding Ordinary Shares. The shares were be issued to Lianyungang China, a non-US person (as that term is defined in Regulation S of the Securities Act of 1933, as amended (the “Act”)) in accordance with Rule 506 of Regulation D promulgated under the Act, in that the Company did not engage in any general advertisement or general solicitation in connection with the offering of the shares and the Company was available to answer any questions from Lianyungang China. Cash commissions were not paid in connection with the sale of the shares.

On June 22, 2015, the Company transferred $20,000,000, representing other intangible assets, to Apollo Subsidiary. On June 26, 2015, the Company entered into a Common Stock Exchange Agreement (the “Exchange Agreement”) with Lianyungang Corporation, a Cayman Islands Exempted Company (“Lianyungang”). Pursuant to the Exchange Agreement, the Company transferred, conveyed and assigned 100% of its equity interest in Apollo Subsidiary to Lianyungang (the “Apollo Subsidiary Transfer”). In exchange for the Apollo Subsidiary Transfer, Lianyungang transferred, conveyed and assigned its 95.26% equity interest in the Company to the Company for cancellation. Upon the closing of the transaction, ACI beneficially owned 78.3% of the Company’s issued and outstanding Ordinary Shares.

The Company is authorized to issue 39,062,500 Ordinary Shares, par value of $0.000128 per share. As of March 31, 2018, there were 998,275 shares issued and outstanding.

The Company is authorized to issue 781,250 Preference Shares, par value of $0.000128 per share, with such designations, voting and other rights and preferences as may be determined from time to time by the Board of Directors. As of March 31, 2018, there were no Preference Shares issued or outstanding.

Apollo Acquisition Corp 10-Q