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Common Stock
9 Months Ended
Mar. 31, 2017
Equity [Abstract]  
Common Stock

5. COMMON STOCK

 

On December 1, 2015, the Board of Directors of the Company approved to issue 200,000 shares of restricted common stock at $0.08 per share for the rendering of consulting services of $16,000 in a service period of twelve months commencing from December 2015. For the nine months ended March 31, 2017, all 200,000 shares have been issued and the Company amortized $6,667 to the operations using the straight-line method.

 

There were no stock options, warrants or other potentially dilutive securities outstanding as of March 31, 2017 and June 30, 2016.

 

As of March 31, 2017, there were 22,072,118 shares of common stock issued and outstanding.