Note 11 - Common Stock	6 Months Ended
Dec. 31, 2014
Notes
Note 11 - Common Stock	Note 11 – Common Stock On August 26, 2011, the Company issued 70,000,000 shares at $0.002 per share pursuant to a Share Exchange Agreement with Cloud Date Corporation. An intangible asset of $140,000 was recorded. From January 1, 2013 to March 31, 2013, the holders of a convertible notes converted a total of $39,000 of principal and interest into 6,246,397 shares of common stock. On March 13, 2013, the Company issued 6,000,000 shares of common stock to settle debt of $60. These shares were then retired on April 23, 2013 On May 22, 2013, the Company issued 10,000,000 shares of common stock to settle debt of $100. Of the shares issued, 5,000,000 were retired on June 27, 2013. From April 1, 2013 to June 30, 2013, the holders of convertible notes converted a total of $12,000 of principal into 3,636,364 shares of common stock. From September 19, 2013 to September 26, 2013, partial conversion of 1 Convertible Preferred share was converted to 45,000,000 shares of common stock. This 1 Convertible Preferred share was cancelled and the remaining value of $165,000 was reinstated. On May 12, 2014, the Company issued 30,000,000 shares to Rancho Capital Management. From July 1, 2013 to June 30, 2014, the holders of convertible notes converted a total of $391,649 of principal and interest into 897,851,414 shares of common stock. On December 15, 2014, pursuant to a consulting agreement, the Company issued 105,833,272 shares of common stock for $149,500 in fees owed to the President, Brett Everett. From July 1, 2014 to December 31, 2014, the holders of convertible notes converted a total of $414,292 in principal and interest into 3,497,402,490 shares of common stock. As of December 31, 2014 the Company has authorized 7,500,000,000 shares of common stock, of which 4,715,103,282 shares are issued and outstanding. Note 12 –Preferred Stock As of December 31, 2014, the Company has authorized 50,000,000 shares of preferred stock, of which 110,000 Shares of Series APreferredand 1,000 shares of Series B Preferred and 1500 Shares Series C Preferred are issued and outstanding.

Note 11 - Common Stock

6 Months Ended

Dec. 31, 2014

Note 11 – Common Stock

On August 26, 2011, the Company issued 70,000,000 shares at $0.002 per share pursuant to a Share Exchange Agreement with Cloud Date Corporation. An intangible asset of $140,000 was recorded.

From January 1, 2013 to March 31, 2013, the holders of a convertible notes converted a total of $39,000 of principal and interest into 6,246,397 shares of common stock.

On March 13, 2013, the Company issued 6,000,000 shares of common stock to settle debt of $60. These shares were then retired on April 23, 2013

On May 22, 2013, the Company issued 10,000,000 shares of common stock to settle debt of $100. Of the shares issued, 5,000,000 were retired on June 27, 2013.

From April 1, 2013 to June 30, 2013, the holders of convertible notes converted a total of $12,000 of principal into 3,636,364 shares of common stock.

From September 19, 2013 to September 26, 2013, partial conversion of 1 Convertible Preferred share was converted to 45,000,000 shares of common stock. This 1 Convertible Preferred share was cancelled and the remaining value of $165,000 was reinstated.

On May 12, 2014, the Company issued 30,000,000 shares to Rancho Capital Management.

From July 1, 2013 to June 30, 2014, the holders of convertible notes converted a total of $391,649 of principal and interest into 897,851,414 shares of common stock.

On December 15, 2014, pursuant to a consulting agreement, the Company issued 105,833,272 shares of common stock for $149,500 in fees owed to the President, Brett Everett.

From July 1, 2014 to December 31, 2014, the holders of convertible notes converted a total of $414,292 in principal and interest into 3,497,402,490 shares of common stock.

As of December 31, 2014 the Company has authorized 7,500,000,000 shares of common stock, of which 4,715,103,282 shares are issued and outstanding.

Note 12 –Preferred Stock

As of December 31, 2014, the Company has authorized 50,000,000 shares of preferred stock, of which 110,000 Shares of Series APreferredand 1,000 shares of Series B Preferred and 1500 Shares Series C Preferred are issued and outstanding.

- Definition

The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income.

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+ Details

MICROELECTRONICS TECHNOLOGY Co 10-Q