v3.3.1.900

Balance Sheets (Unaudited) - USD ($)	Dec. 31, 2014	Jun. 30, 2014
Current Assets
Cash		$ 84
Total Current Assets		84
Total Assets		84
Current Liabilities
Accounts Payable	$ 1,680	750
Accounts Payable - Related party	113,877	108,747
Total Current Liabilities	$ 115,557	$ 109,497
Total Non - Current Liabilities
Total Liabilities	$ 115,557	$ 109,497
Stockholders' Deficit
Preferred Stock, $.001 par value, 5,000,000 shares authorized, 0 shares issued and outstanding
Common Stock, $.001 par value, 3,500,000,000 shares authorized, 16,643,057 and 16,643,057 shares issued and outstanding at December 31, 2013 and June 30, 2013, respectively	$ 16,635	$ 16,635
Additional paid-in capital	4,052,836	4,052,836
Accumulated deficit prior to development stage	(4,040,470)	(4,040,470)
Accumulated deficit during the development stage	(144,558)	(138,414)
Total Stockholders' Deficit	$ (115,557)	$ (109,413)

Carrying value as of the balance sheet date 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. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

Veracity Management Global, Inc. 10-Q