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Shares to Be Cancelled	3 Months Ended
Sep. 30, 2014
Shares To Be Cancelled
Shares to Be Cancelled	NOTE 7 – SHARES TO BE CANCELLED 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 stocks at a deemed price of $0.375 per share, plus $1-million in cash. However, due to negotiation and sellers’ personal reasons, the acquisition exercise for Everenergy was unsuccessful and consequently the whole acquisition was cancelled. The 8 million shares are in the process of being cancelled along with a demand notice for the return of the $1-million payment.

Shares to Be Cancelled

3 Months Ended

Sep. 30, 2014

NOTE 7 – SHARES TO BE CANCELLED

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 stocks at a deemed price of $0.375 per share, plus $1-million in cash. However, due to negotiation and sellers’ personal reasons, the acquisition exercise for Everenergy was unsuccessful and consequently the whole acquisition was cancelled.

The 8 million shares are in the process of being cancelled along with a demand notice for the return of the $1-million payment.