XML 37 R13.htm IDEA: XBRL DOCUMENT

Investments	12 Months Ended
Jun. 30, 2014
Schedule of Investments [Abstract]
Investments	NOTE 6 – INVESTMENTS On December 23, 2013, the Company acquired a 24% interest in Jiangxi Everenergy New Material Co., Ltd. (“Everenergy”) The consideration was settled with the Company of 8-million restricted common stocks at a deemed price of $0.375 per share, plus $1-million in cash. Additionally, on February 19, 2014, the Company acquired an additional 29% interest in Everenergy. The consideration will be settled with the issue of 11-million restricted common stock at a deemed price of $0.45 per share. As at the date of this report, the ownership for both acquisitions have not been completed. Consequently, the acquisitions are treated as investment and no consolidation of the financial statements were adopted. 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.

Investments

12 Months Ended

Jun. 30, 2014

NOTE 6 – INVESTMENTS

On December 23, 2013, the Company acquired a 24% interest in Jiangxi Everenergy New Material Co., Ltd. (“Everenergy”) The consideration was settled with the Company of 8-million restricted common stocks at a deemed price of $0.375 per share, plus $1-million in cash. Additionally, on February 19, 2014, the Company acquired an additional 29% interest in Everenergy. The consideration will be settled with the issue of 11-million restricted common stock at a deemed price of $0.45 per share. As at the date of this report, the ownership for both acquisitions have not been completed. Consequently, the acquisitions are treated as investment and no consolidation of the financial statements were adopted.

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.

- Definition

The entire disclosure for investment holdings. This includes the long positions of investments for the entity. It contains investments in affiliated and unaffiliated issuers. The investments include securities and non securities (i.e. commodities and futures contracts).

+ References+ Details