v3.3.0.814

BALANCE SHEETS - USD ($)	Sep. 30, 2015	Jun. 30, 2015
CURRENT ASSETS
Cash	$ 83,130	$ 114,605
Prepaid expenses	336,494	336,494
TOTAL CURRENT ASSETS	419,624	451,099
TOTAL ASSETS	419,624	451,099
LIABILITIES AND STOCKHOLDERS' EQUITY(DEFICIT)
Accounts payable and accrued liabilities	54,403	48,876
TOTAL CURRENT LIABILITIES	54,403	48,876
Derivative warrant liabilities (Notes 2, 6)	552,175	574,673
TOTAL LIABILITIES	$ 606,578	$ 623,549
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' EQUITY(DEFICIT)
Capital stock Authorized - 200,000,000 shares of common stock, $0.001 par value. Issued and outstanding 96,083,348 shares of common stock, as at September 30, 2015 and June 30, 2015	$ 96,083	$ 96,083
Additional paid in capital	1,357,448	1,357,448
Accumulated deficit	(1,640,485)	(1,625,981)
TOTAL STOCKHOLDERS' EQUITY(DEFICIT)	(186,954)	(172,450)
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY(DEFICIT)	$ 419,624	$ 451,099

Sum of the carrying values as of the balance sheet date of obligations incurred through that date and due within one year (or the operating cycle, if longer), including liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received, taxes, interest, rent and utilities, accrued salaries and bonuses, payroll taxes and fringe benefits.

AMERICAN GRAPHITE TECHNOLOGIES INC. 10-Q