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Investments
6 Months Ended
Dec. 31, 2013
Schedule of Investments [Abstract]  
Investments

NOTE 5 – INVESTMENTS

 

On December 23, 2013, the Company acquired a 24% interest in Jiangxi Everenergy New Material Co., Ltd. (“Everenergy”) The Company issued 8-million restricted common shares at a deemed price of $0.375 per share, plus $1-million in cash.

 

Everenergy produces and sells high-quality lithium batteries, cathode materials and relevant precursor materials.

 

The acquisition of shares in Everenergy is for investment purposes. Apolo from time to time may dispose of, or acquire, additional shares of Everenergy.