COMMITMENTS AND CONTINGENCIES

9 Months Ended

Mar. 31, 2014

COMMITMENTS AND CONTINGENCIES [Abstract]

COMMITMENTS AND CONTINGENCIES

NOTE 7 - COMMITMENTS AND CONTINGENCIES

Prestige operates from Silvercord,  No.30 Canton Road,  Tsimshatsui,  which is a

premier  commercial  building in Hong Kong.  The center is located on two floors

and occupies  approximately  10,000  square feet. We paid $ 274,258 and $336,539

for the lease of our center for the nine  months  ended March 31, 2014 and 2013,

respectively. The Company's minimum annual rent rate for the following two years

are:

                                    Fiscal Year Ended

                                        June 30,                 Annual Rent

                                        --------                 -----------

                                         2014                         $158,286

                                         2015                         $247,083